No Constraint. Notwithstanding the provisions of Section 4.01 above, the fulfillment or waiver of any or all of the conditions precedent to the Distribution set forth therein shall not: (i) create any obligation on the part of GP or any other party hereto to effect the Distribution; (ii) in any way limit GP's right and power under Section 8.10 hereof to terminate this Agreement and the process leading to the Distribution and to abandon the Distribution; or (iii) alter the consequences of any such termination under Section 8.10 hereof from those specified in such Section.
Appears in 2 contracts
Sources: Distribution Agreement (National Patent Development Corp), Distribution Agreement (National Patent Development Corp)