Termination Clause Example with 71 Variations from Business Contracts

This page contains Termination clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Termination. This Agreement and the obligations of Sponsor under this Agreement shall automatically terminate upon the earliest of: (a) the Effective Time; (b) the termination of the Merger Agreement in accordance with its terms; or (c) the mutual agreement of the Company and Purchaser. Upon termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement; provided, however, such termination or expiration shall not relieve any party from liability f...or any willful breach of this Agreement occurring prior to its termination. View More
Found in OceanTech Acquisitions I Corp. contract

Variations of a "Termination" Clause from Business Contracts

Termination. This Notwithstanding anything in this Agreement to the contrary, this Agreement and the obligations of Sponsor each Stockholder under this Agreement shall automatically terminate upon the earliest of: of (a) the Effective Time; (b) the termination of the Merger Agreement BCA in accordance with its terms; or terms and (c) the mutual effective date of a written agreement of the Company and Purchaser. parties hereto terminating this Agreement. Upon termination or expiration of this Agreement, no pa...rty none of the parties shall have any further obligations or liabilities under this Agreement; provided, however, such termination or expiration provided that nothing in this Section 6 shall not relieve any party from of liability for fraud or any willful breach of this Agreement occurring prior to its termination. The representations and warranties contained in this Agreement and in any certificate or other writing delivered pursuant hereto shall not survive the Closing or the termination of this Agreement but subject to the proviso to the prior sentence. View More
Found in Crown PropTech Acquisitions contract
Termination. (a) This Agreement and the obligations of Sponsor under this Agreement shall automatically terminate upon the earliest of: (a) the Effective Time; (b) the termination of the Merger Agreement in accordance with its terms; or and (c) the time this Agreement is terminated upon the mutual written agreement of Parent, First Merger Sub, Second Merger Sub and the Company Stockholder (the earliest such date under clause (a), (b) and Purchaser. (c) being referred to herein as the "Termination Date"). (b)... Upon termination or expiration of this Agreement, no party hereto shall have any further obligations or liabilities under this Agreement; provided, however, such that the provisions set forth in Sections 11 to 22 shall survive the termination or expiration of this Agreement; provided, further, that termination of this Agreement shall not relieve any party hereto from any liability for any willful breach Willful Breach of this Agreement occurring prior to its such termination. (c) The representations and warranties contained in this Agreement and in any certificate or other writing delivered pursuant hereto shall not survive the Closing or the termination of this Agreement. View More
Found in Gores Metropoulos, Inc. contract
Termination. This Agreement and the obligations of Sponsor the Members under this Agreement shall automatically terminate upon the earliest of: of (a) the Effective Time; Time, (b) the termination of the Merger Agreement BCA in accordance with its terms; or terms and (c) the mutual effective date of a written agreement of the Company and Purchaser. parties hereto terminating this Agreement. Upon termination or expiration of this Agreement, no neither party shall have any further obligations or liabilities un...der this Agreement; provided, however, such termination or expiration provided that nothing in this Section 6 shall not relieve any party from of liability for any willful material breach of this Agreement occurring prior to its termination. The representations and warranties contained in this Agreement and in any certificate or other writing delivered pursuant hereto shall not survive the Closing or the termination of this Agreement. View More
Found in GigCapital2, Inc. contract
Termination. This Agreement and the obligations of Sponsor the Stockholders under this Agreement shall automatically terminate upon the earliest of: of (a) the Effective Time; (b) the termination of the Merger Agreement BCA in accordance with its terms; or terms and (c) the mutual effective date of a written agreement of the Company and Purchaser. parties hereto terminating this Agreement. Upon termination or expiration of this Agreement, no neither party shall have any further obligations or liabilities und...er this Agreement; provided, however, such termination or expiration provided that nothing in this Section 5 shall not relieve any party from of liability for any willful material breach of this Agreement occurring prior to its termination. The representations and warranties contained in this Agreement and in any certificate or other writing delivered pursuant hereto shall not survive the Closing or the termination of this Agreement. View More
Found in 2 Contracts from 2 Companies
Termination. This Agreement and the obligations of Sponsor the Stockholders under this Agreement shall automatically terminate upon the earliest of: of (a) the Effective Time; (b) the termination of the Merger Agreement BCA in accordance with its terms; or terms and (c) the mutual effective date of a written agreement of the Company and Purchaser. parties hereto terminating this Agreement. Upon termination or expiration of this Agreement, no neither party shall have any further obligations or liabilities und...er this Agreement; provided, however, such termination or expiration provided that nothing in this Section 6 shall not relieve any party from of liability for any willful material breach of this Agreement occurring prior to its termination. The representations and warranties contained in this Agreement and in any certificate or other writing delivered pursuant hereto shall not survive the Closing or the termination of this Agreement. View More
Found in 2 Contracts from 2 Companies
Termination. This Agreement and the obligations of Sponsor the Shareholders under this Agreement shall automatically terminate upon the earliest of: of (a) the Effective Time; (b) the termination of the Merger Agreement in accordance with its terms; or (c) terms, (b) the mutual agreement of the Company parties hereto and Purchaser. (c) the Effective Time of the Merger. Upon termination or expiration of this Agreement, no neither party shall have any further obligations or liabilities under this Agreement; pr...ovided, however, such termination or expiration provided that nothing in this Section 12 shall not relieve any party from of liability for any willful breach of this Agreement occurring prior to its termination. The representations and warranties contained in this Agreement and in any certificate or other writing delivered pursuant hereto shall not survive the Closing or the termination of this Agreement. View More
Found in ENTERPRISE DIVERSIFIED, INC. contract
Termination. This Agreement and the The obligations of Sponsor the parties hereof under this Agreement shall automatically terminate upon the earliest of: (a) earlier of (i) the Effective Time; (b) Time and (ii) the termination of the Merger Agreement BCA in accordance with its terms; or (c) the mutual agreement of the Company and Purchaser. terms. Upon termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement; provided, however, Agreement. N...otwithstanding any termination of this Agreement, no such termination or expiration shall not relieve any party hereto from liability for any fraud or willful breach of this Agreement occurring prior to its termination. View More
Found in Golden Falcon Acquisition Corp. contract
Termination. This Agreement and the obligations of Sponsor the parties hereto under this Agreement shall automatically terminate upon the earliest of: (a) the Amalgamation Effective Time; (b) the valid termination of the Merger Agreement BCA in accordance with its terms; or and (c) the mutual written agreement of all the Company and Purchaser. parties hereto. Upon termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement; provided, however, s...uch termination or expiration shall not relieve any party from liability for any a willful and intentional breach of this Agreement occurring prior to its termination. View More
Found in Worldwide Webb Acquisition Corp. contract
Termination. This Agreement and the obligations of Sponsor the parties hereto under this Agreement shall automatically terminate upon the earliest of: (a) the Amalgamation Effective Time; (b) the valid termination of the Merger Agreement BCA in accordance with its terms; or and (c) the mutual effective date of a written agreement of all the Company and Purchaser. parties hereto terminating this Agreement. Upon termination or expiration of this Agreement, no party shall have any further obligations or liabili...ties under this Agreement; provided, however, such termination or expiration shall not relieve any party from liability for any a willful and intentional breach of this Agreement occurring prior to its termination. View More
Found in Worldwide Webb Acquisition Corp. contract
Termination. This Agreement and the obligations of Sponsor Markmore under this Agreement shall automatically terminate upon the earliest of: (a) the Effective Time; (b) the termination of the Merger Business Combination Agreement in accordance with its terms; or (c) (b) the mutual agreement of the Company Markmore and Purchaser. Liberty. Upon termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement; provided, however, such termination or exp...iration shall not relieve any party from liability for any willful breach of this Agreement occurring prior to its termination. View More
Found in Liberty Resources Acquisition Corp. contract