Common use of LIABILITIES IN EVENT OF TERMINATION Clause in Contracts

LIABILITIES IN EVENT OF TERMINATION. The termination of this Agreement will in no way limit any obligation or liability of any party based on or arising from a breach or default by such party with respect to any of its representations, warranties, covenants or agreements contained in this Agreement. The provision of this Section 10.2 and of Sections 12, 14.7 and 14.9 shall survive the termination of this Agreement.

Appears in 1 contract

Sources: Stock Purchase Agreement (SMTC Corp)

LIABILITIES IN EVENT OF TERMINATION. The Following a termination of this Agreement the parties hereto shall have no further obligations or liabilities hereunder one to the other; provided that he termination of this Agreement will in no way (a) limit any obligation or liability of any party based on or arising from a breach or default by such party with respect to any of its representations, warranties, covenants or agreements contained in this Agreement. The provision Agreement including, but not limited to, legal and audit costs and out of this Section 10.2 pocket expenses or (b) terminate the provisions of Articles 8 and 10, all of Sections 12, 14.7 and 14.9 which provisions shall survive the termination of this Agreementsuch termination.

Appears in 1 contract

Sources: Asset Purchase Agreement (Huntco Inc)

LIABILITIES IN EVENT OF TERMINATION. The In the event of any termination of this Agreement will in pursuant to Section 15.1, this Agreement shall terminate and there shall be no way limit any obligation or liability on the part of any party based on or hereto except for liabilities arising from a breach or default by such party with respect to any of its representations, warranties, covenants or agreements contained in this Agreement. The provision of this Agreement prior to such termination; provided, however, that the obligations of the parties under Article 1, Section 10.2 8.6, this Article 15 and of Sections 12, 14.7 and 14.9 Article 16 shall survive the termination of this Agreementsuch termination.

Appears in 1 contract

Sources: Asset Purchase Agreement (Siena Technologies, Inc.)

LIABILITIES IN EVENT OF TERMINATION. The termination of this Agreement will in no way limit any obligation or liability of any party based on or arising from a breach or default by such party with respect to any of its representations, warranties, covenants warranties or agreements contained in this Agreement. The provision provisions of this Section 10.2 and of Sections 12, 14.7 and 14.9 shall survive the termination of this Agreement.

Appears in 1 contract

Sources: Asset Purchase Agreement (Afc Cable Systems Inc)

LIABILITIES IN EVENT OF TERMINATION. The In the event of any termination of this Agreement will in pursuant to Section 17, this Agreement shall terminate and there shall be no way limit any obligation or liability on the part of any party based on or arising from a breach or default by such party with respect to any Party hereto. Notwithstanding the foregoing, the obligations of its representations, warranties, covenants or agreements contained in this Agreement. The provision of this the parties under Section 10.2 and of Sections 12, 14.7 and 14.9 16 shall survive the termination of this Agreementsuch termination.

Appears in 1 contract

Sources: Asset Purchase and Sale Agreement

LIABILITIES IN EVENT OF TERMINATION. The termination of If this Agreement will is terminated as provided in Section 10.1, then this Agreement shall become wholly void and of no way limit any obligation further force and effect, and there shall be no liability under this Agreement on the part of the Selling Parties or liability the Buying Parties, or their respective Affiliates, except that such termination shall not relieve either Party of any party based on or arising from a breach or default by Liability for any Fraud prior to such party with respect to any of its representations, warranties, covenants or agreements contained in this Agreement. The provision of this Section 10.2 and of Sections 12, 14.7 and 14.9 shall survive the termination of this Agreementtermination.

Appears in 1 contract

Sources: Asset Purchase Agreement (Xcerra Corp)

LIABILITIES IN EVENT OF TERMINATION. The In the event of any termination of this Agreement will in pursuant to Section 13.1, this Agreement shall terminate and there shall be no way limit any obligation or liability on the part of any party based on or arising from a breach or default by such party with respect to any of its representationshereto; provided, warrantieshowever, covenants or agreements contained in this Agreement. The provision (a) the provisions of this Section 10.2 13 (Effect of Termination) and of Sections 12(b) Article XIV (General) and (c) the Confidentiality Agreement between the Company and Parent dated August 3, 14.7 and 14.9 2006, shall survive the termination of this Agreementsuch termination.

Appears in 1 contract

Sources: Asset Purchase Agreement (Akrion, Inc.)