Extract to table
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Extract to table / msa-termination-agreement.docx
msa-termination-agreement.docx
Parties
Nexford Industrial Holdings Inc
Harkness LLP
Associates LLP
Dates
August 31, 2023
January 15, 2020
January 14, 2023
August 2, 2023
August 18, 2023
October 31, 2023
November 30, 2023
August 31, 2026
Amounts
$620.00
$740.00
$15,970,000
Obligations
Capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed to them in the MSA (Reference No
Central Time on October 31, 2023, during which the Parties shall complete the wind-down of outstanding obligations as set forth in Article 3 of this Agreement
For purposes of this Agreement: (a) the words "herein," "hereof," "hereby," "hereunder," and words of similar import refer to this Agreement as a whole and not to any particular provision; (b) references to an "Article," "Section," or "Exhibit" refer to the applicable article, section, or exhibit of this Agreement unless otherwise specified; (c) the terms "include," "includes," and "including" shall be deemed to be followed by the words "without limitation"; (d) references to any agreement, instrument, or document shall mean such agreement, instrument, or document as amended, supplemented, or modified from time to time; and (e) references to any law, statute, or regulation shall include all statutory and regulatory provisions consolidating, amending, replacing, or interpreting such law, statute, or regulation
The Parties acknowledge and agree that the execution and delivery of this Mutual Termination Agreement by both Parties satisfies all procedural and substantive requirements for termination of the MSA, including any notice, cure, or waiting period requirements, and that no further notice of termination is required or shall be given by either Party
Upon the Effective Date, the MSA shall be deemed terminated and of no further force or effect, and neither Party shall hold itself out to any third party as a supplier, customer, agent, representative, or partner of the other Party under the MSA
During the Transition Period, Cardinal Peak shall fulfill all Outstanding Purchase Orders in accordance with the terms and conditions of this Article 3, and both Parties shall cooperate in good faith to ensure a smooth and orderly transition