Common use of In the Event of Termination Clause in Contracts

In the Event of Termination. In the event of --------------------------- termination of this Agreement: (1) Each party will redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same; (2) The provisions of the Mutual Non-Disclosure Agreement (the "Mutual Non-Disclosure Agreement"), dated as of November 9, 2000, by and between Parent and the Company shall continue in full force and effect; and (3) No party hereto shall have any liability or further obligation to any other party to this Agreement, except as stated in subsections (i), (ii) and (iii) of this Section 11.1(b), except for any willful breach of this Agreement occurring prior to the proper termination of this Agreement. The foregoing provisions shall not limit or restrict the availability of specific performance or other injunctive relief to the extent that specific performance or such other relief would otherwise be available to a party hereunder.

Appears in 1 contract

Sources: Merger Agreement (Datalink Net Inc)

In the Event of Termination. In the event of --------------------------- termination of this ------------------------------ Agreement: (1i) Each party will redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same; (2ii) The provisions of the Mutual Non-Disclosure Confidentiality Agreement (the "Mutual Non-Disclosure Agreement"), dated as of November 9, 2000, by and between Parent and the Company shall continue in full force and effect; and (3iii) No party hereto shall have any liability or further obligation to any other party to this Agreement, except as stated in subsections (i), (ii) and (iii) of this Section 11.1(b12.11(b), except for any willful breach of this Agreement occurring prior to the proper termination of this Agreement. The foregoing provisions shall not limit or restrict the availability of specific performance or other injunctive relief to the extent that specific performance or such other relief would otherwise be available to a party hereunder.

Appears in 1 contract

Sources: Stock Purchase Agreement (Intelligroup Inc)

In the Event of Termination. In the event of --------------------------- termination of this Agreement: (1i) Each party Party will redeliver all documents, work papers and other material of any other party Party relating to the transactions contemplated herebyby this Agreement, whether so obtained before or after the execution hereofof this Agreement, to the party furnishing the same; (2ii) The provisions of the Mutual Non-Disclosure Agreement (the "Mutual Non-Disclosure Agreement"Section 6.4(c), dated as of November 911,3, 200011.4, by 11.7, 11.11, 11.12 and between Parent and the Company 11.13 shall continue in full force and effect; and; (3iii) No party hereto Party to this Agreement shall have any liability or further obligation Liability to any other party to this AgreementParty, except as stated in subsections (i), (ii), (iii) and (iiiiv) of this Section 11.1(b), except for any willful breach of this Agreement occurring prior to the proper termination any of its representations, warranties, covenants or agreements set forth in this Agreement. The foregoing provisions shall not limit or restrict the availability of specific performance or other injunctive relief to the extent that specific performance or such other relief would otherwise be available to a party hereunder; and (iv) In the event that all of the Conditions to Buyer's Obligations set forth in Section VIII of this Agreement have been met, Seller has obtained all necessary consents.

Appears in 1 contract

Sources: Asset Purchase Agreement (Innovative Medtech, Inc.)

In the Event of Termination. In the event of --------------------------- termination of this --------------------------- Agreement: (1a) Each party will redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same; (2b) The provisions of the Mutual Non-Disclosure Agreement (the "Mutual Non-Disclosure Agreement")) , dated as of November 9May 1, 2000, by and between Parent and the Company shall continue in full force and effect; and (3c) No party hereto shall have any liability or further obligation to any other party to this Agreement, except as stated in subsections (i), (ii) and (iii) of this Section 11.1(b), except for any willful breach of this Agreement occurring prior to the proper termination of this Agreement. The foregoing provisions shall not limit or restrict the availability of specific performance or other injunctive relief to the extent that specific performance or such other relief would otherwise be available to a party hereunder.

Appears in 1 contract

Sources: Merger Agreement (Datalink Net Inc)

In the Event of Termination. In the event of --------------------------- termination of this --------------------------- Agreement: (1) Each party will redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same; (2) The provisions of the Mutual Non-Disclosure Agreement (the "Mutual Non-Disclosure Agreement"), dated as of November 9, 2000, by and between Parent and the Company shall continue in full force and effect; and (3) No party hereto shall have any liability or further obligation to any other party to this Agreement, except as stated in subsections (i), (ii) and (iii) of this Section 11.1(b), except for any willful breach of this Agreement occurring prior to the proper termination of this Agreement. The foregoing provisions shall not limit or restrict the availability of specific performance or other injunctive relief to the extent that specific performance or such other relief would otherwise be available to a party hereunder.

Appears in 1 contract

Sources: Merger Agreement (Datalink Net Inc)

In the Event of Termination. In the event of --------------------------- termination of this Agreement: (1A) Each party will redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same; (2B) The provisions of the Mutual Non-Disclosure Agreement Confidential Letter of Intent (the "Mutual Non-Disclosure AgreementConfidential Letter of Intent"), dated as of November 93, 20002005, by and between the Parent and the Excel Company shall be terminated and will not continue in full force and effect; and; (3C) No party hereto shall have any liability or further obligation to any other party to this Agreement, except as stated in subsections (i), (ii) and (iii) ARTICLE 9.3 of this Section 11.1(b)Agreement, except for any willful breach of this Agreement occurring prior to the proper termination of this Agreement. The foregoing provisions shall not limit or restrict the availability of specific performance or other injunctive relief to the extent that specific performance or such other relief would otherwise be available to a party hereunder.

Appears in 1 contract

Sources: Agreement and Plan of Merger and Reorganization (Empire Global Corp.)

In the Event of Termination. In the event of termination --------------------------- termination of this Agreement: (1i) Each party will redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same; (2ii) The provisions of the Mutual Non-Disclosure Confidentiality Agreement (the "Mutual Non-Disclosure Agreement"), dated as of November 9, 2000, by and between Parent and the Company shall continue in full force and effect; and (3iii) No party hereto shall have any liability or further obligation Liability to any other party to this Agreement, except as stated in subsections (i), (ii) and (iiiii) of this Section 11.1(b), except for any willful breach of this Agreement occurring prior to the proper termination of this Agreement. The foregoing provisions shall not limit or restrict the availability of specific performance or other injunctive relief to the extent that specific performance or such other relief would otherwise be available to a party hereunder.

Appears in 1 contract

Sources: Asset Purchase Agreement (Fays Inc)

In the Event of Termination. In the event of --------------------------- termination of this --------------------------- Agreement: (1i) Each party will redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same; (2ii) The provisions of the Mutual Non-Disclosure Confidentiality Agreement (the "Mutual Non-Disclosure Agreement"), dated as of November 9, 2000, by and between Parent and the Company shall continue in full force and effect; and (3iii) No party hereto shall have any liability or further obligation Liability to any other party to this Agreement, except as stated in subsections (i), (ii) and (iii) of this Section 11.1(b), except for any willful breach of this Agreement occurring prior to the proper termination of this Agreement. The foregoing provisions shall not limit or restrict the availability of specific performance or other injunctive relief to the extent that specific performance or such other relief would otherwise be available to a party hereunder.

Appears in 1 contract

Sources: Asset Purchase Agreement (Whittaker Corp)

In the Event of Termination. In the event of --------------------------- termination of this AgreementAgreement prior to the Closing: (1i) Each party will redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same; (2ii) The provisions of the Mutual Non-Disclosure Confidentiality Agreement (the "Mutual Non-Disclosure Agreement"), dated as of November 9, 2000, by and between Parent and the Company shall continue in full force and effect; and (3iii) No party hereto shall have any liability or further obligation Liability to any other party to this Agreement, except as stated in subsections (i), (iix) and (iii) of this Section 11.1(b), except for any willful breach of this Agreement occurring prior to the proper termination of this AgreementAgreement for which a party shall be fully liable and (y) as stated in subsections (i) and (ii) of this Section 10.1(b). The foregoing provisions shall not limit or restrict the availability of specific performance or other injunctive relief to the extent that specific performance or such other relief would otherwise be available to a party hereunder.

Appears in 1 contract

Sources: Sale and Purchase Agreement (Silicon Laboratories Inc)