Common use of Effective Termination Clause in Contracts

Effective Termination. If this Agreement is terminated pursuant to the provisions of this Article, all other obligations of the parties hereto shall cease and this Agreement shall be void and without recourse to the parties hereto, except as otherwise expressly set forth in Article IV and Section 6.2 hereof.

Appears in 1 contract

Sources: Agreement of Purchase and Sale

Effective Termination. If Upon the termination of this Agreement is terminated pursuant to the provisions of this ArticleSection 9.1, all other further obligations of the parties hereto shall cease and under this Agreement shall be void and terminate without recourse further liability of any party to the parties hereto, except as otherwise expressly set forth in Article IV and Section 6.2 hereofother.

Appears in 1 contract

Sources: Asset Purchase Agreement (Atlantic Technology Ventures Inc)