Accounting Upon Termination Sample Clauses

Accounting Upon Termination. Within ten (10) days after the termination of this Agreement, the Owner and Agent shall account to each other with respect to all matters outstanding as of the date of termination. The Owner shall furnish the Agent security against any outstanding obligations or liabilities which the Agent may have incurred hereunder, and the Agent shall turn over to the Owner all records, documents or other instruments, waiting lists and any and all other files and papers in its possession pertaining to the Agent's performance under this Agreement.
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Accounting Upon Termination. Within ten (10) days after the termination of this Agreement, the Owner and Agent shall account to each other with respect to all matters outstanding as of the date of termination. The Owner shall furnish the Agent security against any outstanding obligations or liabilities which the Agent shall turn over to the Owner all records, documents or other instruments, waiting lists and any and all other files and papers in its possession pertaining to the Agent's performance under this Agreement, SECTION 1501 ASSIGNMENTS: This Agreement shall inure to the benefit of any constitute a binding obligation upon the Owner and the Agent, and their respective successors and assigns, provided that the Agent cannot assign this Agreement or any of its duties hereunder without the prior written consent of the Owner and the lender. SECTION 1601 AMENDMENT: This Agreement constitutes the entire agreement between the owner and the Agent, and no amendment or modification thereto shall be valid and enforceable except by supplemental agreement is executed in writing and approved by the Owner, the Agent, the lender and insurer.
Accounting Upon Termination. If this Agreement is terminated as provided in this Article, Management Company shall prepare or cause to be prepared financial statements in accordance with the applicable provisions of Article 7 for the period between the end of the last preceding accounting period and the termination date, and Management Company shall account to the city as of the date of termination for all amounts due and payable specified in such financial statements (such accounting shall be subject to post-termination adjustment to correct any errors in such statements; the obligation to make any such adjustment shall survive the expiration or sooner termination of this Agreement). In addition, as of the date of any such termination, Management Company shall release, transfer, or remit to the City all books, records, licenses, and property of the City held or controlled by Management Company and shall take all other necessary measures to effectuate the orderly and prompt termination of the relationship contemplated by this Agreement.
Accounting Upon Termination. Within fifteen (15) days after the termination of this Marketing Agreement, Agent shall submit to Owner and Authority a final accounting of all funds received by it to the date of such termination, and after Agent and Owner have accounted to each other with respect to all matters outstanding as of the date of termination, Owner shall furnish Agent security, in form and amount reasonably satisfactory to Agent, against any obligations or liabilities which Agent properly incurred pursuant to the terms of this Marketing Agreement on behalf of Owner.
Accounting Upon Termination. In the event of termination of this Agreement for any reason by either party, DCC shall, with respect to such termination, (a) make timely payment to APS of all monies owed it under this Agreement net of amounts due from APS to DCC pursuant to the Promissory Notes and (b) make an accounting to APS of the inventory of Systems it and its Affiliates have on hand, if any, as of the date of such termination. DCC and its Affiliates shall, for a period of six months after such termination, have the right to sell such inventory, provided that the Net Sales thereof shall be subject to the division of Gross Margin obligations set forth herein.
Accounting Upon Termination. Upon termination, the parties shall account to each other with respect to all matters outstanding as of the date of termination, and the Association shall furnish the Manager security, satisfactory to the Manager, against any outstanding obligations or liabilities which the Manager may have incurred hereunder and all management fees through the date of termination shall be paid in full.
Accounting Upon Termination. Within ten (10) days after the termination of this Agreement, Owner will account to OHCS with respect to all matters outstanding as of the date of termination. Owner will furnish any substitute Management Agent security against any outstanding obligations or liabilities and will turn over to the Management Agent all records, documents and other instruments, waiting lists, and any and all other files and papers in its possession pertaining to Owner’s performance under this Agreement.
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Accounting Upon Termination. Upon the termination of this AGREEMENT, by operation of Section 2 or Section 4, CONTRACTOR shall deliver to CITY all records, notes, data, memoranda, work product, and equipment in its possession that are the property of CITY, as well as all necessary documentation to support the project for which CONTRACTOR has provided services.

Related to Accounting Upon Termination

  • Procedure Upon Termination In the event of termination by Buyer or Seller, as applicable, pursuant to Section 6.1 hereof, written notice thereof shall forthwith be given to the other party and the transactions contemplated by this Agreement shall be terminated without further action by Buyer or Seller. If the transactions contemplated by this Agreement are so terminated:

  • Compensation Upon Termination Upon termination of Executive’s employment during the Employment Term, Executive shall be entitled to the following benefits:

  • Payment Upon Termination In the event that the City or Consultant terminates this Agreement pursuant to Section 8, the City shall compensate the Consultant for all outstanding costs and reimbursable expenses incurred for work satisfactorily completed as of the date of written notice of termination. Consultant shall maintain adequate logs and timesheets in order to verify costs incurred to that date. The City shall have no obligation to compensate Consultant for work not verified by logs or timesheets.

  • Payments Upon Termination 7.1 The Customer shall pay the Company liquidated damages (total monthly fee as specified in the Sales and Services Agreement x remaining months in the Term) upon the occurrence of any of the following events before the expiry of the Term:

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