Action on Termination. It is agreed that (a) upon receipt of notice of termination, no further loans shall be made hereunder by the Lending Agent and (b) the Lending Agent shall, as promptly as possible after termination of this Agreement, terminate any and all outstanding loans but continue to administer to any outstanding loans as necessary to effect their termination and remit and deliver to the Custody Account all securities, earnings and other items due to the Client. The provisions hereof shall continue in full force and effect in all other respects until all loans have been terminated and all obligations satisfied as herein provided. Both parties shall take all commercially reasonable steps to cooperate to provide a smooth transition in the event of a termination.
Action on Termination. It is agreed that (a) upon receipt of notice of termination, no further loans shall be made hereunder by BBH&Co. and (b) BBH&Co. shall, within a reasonable time after termination of this Agreement, terminate any and all outstanding loans. The provisions hereof shall continue in full force and effect in all other respects until all loans have been terminated and all obligations satisfied as herein provided.
Action on Termination. In the event that securities, funds and other property remain in the possession of the Custodian, its agents or its subcustodians after the date of termination hereof owing to failure of the Customer to appoint a successor custodian or to give Proper Instructions with regard to such assets, the Custodian may cause such property to be delivered to the Customer at the Customer’s sole risk and expense. The Custodian shall be entitled to fair compensation for its services and payment of all expenses incurred during such period as the Custodian retains possession of such securities, funds and other property after termination of this Agreement. Such compensation and expenses shall in no event be less than those to which the Custodian is entitled under this Agreement.
Action on Termination. It is agreed that: (i) upon receipt of notice of termination, no further loans shall be made hereunder by Lending Agent; and (ii) Lending Agent shall, within a reasonable time after receipt of notice of termination of this Agreement, begin the process of terminating all outstanding loans so that all loaned securities shall be returned to the Participating Funds prior to the effective date of any such termination. The provisions hereof shall continue in full force and effect in all other respects until all loans have been terminated and all obligations satisfied as herein provided.
Action on Termination. On expiration or termination of this agreement, the License will immediately expire or terminate and you must:
(a) stop using the Software;
(b) return to us, or destroy, all copies of the Software;
(c) ensure that all Software in your possession has been deleted or permanently removed from any computer equipment on which it is stored; and
(d) confirm in writing to us that the Software has been deleted from any computer equipment on which it was stored.
Action on Termination. Upon termination of this Agreement for any reason, with or without cause: (a) at the request of ChromaDex, Consultant must deliver immediately to ChromaDex all work product, images, writings, lists, samples, experimental results, data, quotations, books, records, files, computer software, drawings, other tangible manifestations of ChromaDex’s Confidential Information, keys, access codes, and other property of ChromaDex and its vendors, customers, and affiliates that Consultant had access to as a result of consulting under this Agreement, that are in Consultant’s possession, custody or control; and (b) at the request of ChromaDex, Consultant will execute such documents and take such other actions as necessary in order to reaffirm the covenants and obligations set forth in this Agreement; provided, however that failure to request such reaffirmation will not waive any requirements of this Agreement. Consultant understands that failure to perform these obligations may result in ChromaDex, at its sole discretion, withholding payment of any remaining compensation or taking any other legal action necessary to protect its rights.
Action on Termination. It is agreed that (a) upon receipt of notice of termination from a Trust, no further loans shall be made hereunder by NFS with respect to such Trust and (b) NFS shall, as promptly as possible after termination of this Agreement, terminate any and all outstanding loans with respect to such Trust but continue to administer to any outstanding loans as necessary to effect their termination and remit and deliver to the Custody Account all securities, earnings and other items due to the Trust. The provisions hereof shall continue in full force and effect in all other respects until all loans have been terminated and all obligations satisfied as herein provided. Both parties shall take all commercially reasonable steps to cooperate to provide a smooth transition in the event of a termination.
Action on Termination. In the event that this Agreement is terminated for any reason, the following shall occur:
Action on Termination. Upon expiration or termination of this Agreement for any reason, all monies owed by Franchisee to BKE and any BKE Affiliate relating to this Agreement shall be immediately due and payable. Franchisee shall not be entitled to any goodwill or other compensation or refund of fees for any reason. In addition, Franchisee must:
(a) immediately cease using the Burger King System including the Burger King Marks or any xxxx confusingly similar to the Burger King Marks and the Confidential Information, and if applicable, at the request and cost of BKE, co-operate in any steps BKE may take to cancel the entries of Franchisee as a registered user of the Burger King Marks with the Registrar of Trademarks, or its equivalent authority;
(b) not thereafter identify itself as or hold itself out as a Burger King franchisee or as having any connection or relationship with BKE or the Burger King System;
(c) immediately return to BKE all Confidential Information including the MOD Manual and all other materials in its possession or control relating to the Burger King System;
(d) immediately destroy or deliver to BKE, at BKE’s option, all materials bearing the Burger King Marks or in which BKE or its Affiliate owns copyright or any other intellectual property rights that are otherwise identifiable with the Burger King System, and all proprietary supplies, including all branded goods and such goods made to BKE’s formulations as BKE determines, subject to Franchisee being compensated ffor any such goods belonging to it;
(e) de-identify the Franchised Restaurant in accordance with BKE’s instructions, and in the event Franchisee fails to de-identify the Franchised Restaurant, Franchisee consents to BKE entering the Franchised Restaurant to make the changes at Franchisee’s expense;
(f) if requested by BKE, do all things necessary to transfer all telephone and facsimile numbers, web addresses and directory listings used in connection with the Franchised Restaurant to BKE or its nominee;
(g) pay all trade creditors relating to the Franchised Restaurant, including Approved Suppliers; and
(h) permit BKE to enter the Franchised Restaurant at any time without prior notice to verify that Franchisee has done all things required of it by this clause 15.3, and take whatever actions BKE considers necessary to fulfill any of Franchisee’s obligations under this clause 15.3 which Franchisee fails to fulfill, and Franchisee must pay the full cost of such actions within the time specified in any invo...
