Actions Upon Termination or Expiration Sample Clauses

Actions Upon Termination or Expiration. Upon the expiration of the Term or other termination of this Sublease, NAIT, without further notice, shall deliver up to Tishomingo the possession of the Segment. Thereupon, NAIT shall remove from the Segment the Conduit System and other property belonging to NAIT, and shall repair any damage to the Segment caused by such removal. Upon NAIT's failure to comply with the foregoing removal and repair obligations, Tishomingo may engage in self-help by (i) paying or causing to be paid any reasonable sum, or (ii) taking or causing to be taken any reasonable action, necessary to cure such failure, and NAIT shall reimburse to Tishomingo such reasonable sums paid, or reasonable costs and expenses of acts taken, together with all costs of collection, including reasonable attorneys' fees. Notwithstanding the foregoing, Tishomingo, in its sole discretion, may elect to purchase at fair market value the Conduit System by giving notice to NAIT of that election within 30 days after termination or expiration of this Sublease, specifying a proposed purchase price. If Tishomingo elects to purchase the Conduit System, and Tishomingo and NAIT cannot agree on fair market value within 30 days of Tishomingo's notice, either party may invoke arbitration under Article 15 without need for further negotiations. In the event Tishomingo elects to purchase the Conduit System, NAIT, upon request by Tishomingo, shall provide Tishomingo with a bill xx sale conveying title to said facilities on a quitclaim basis. NAIT shall be relieved of its removal, restoration and reimbursement obligation hereunder upon conveyance to Tishomingo of title to the Conduit System. Any obligation of the parties relating to monies owed, as well as those provisions relating to limitations on liability and actions, shall survive termination or expiration of this Sublease.
Sample 1
Actions Upon Termination or Expiration. Upon the expiration of this Agreement or its termination by either Party for any reason, other than a termination of this Agreement by Conexant for breach hereof by Specialtysemi, Conexant shall provide Specialtysemi with IT Services and transition services as provided in this Section. [...***...]
Sample 1
Actions Upon Termination or Expiration 
Sample 1

Related to Actions Upon Termination or Expiration

  • Effect of Termination or Expiration On the expiration or earlier termination of this Agreement:

  • Effects of Termination or Expiration Upon expiration or termination of this Agreement for any reason:

  • Termination or Expiration (a) No termination of this Lease prior to the normal ending thereof, by lapse of time or otherwise, shall affect Landlord's right to collect rent for the period prior to termination thereof.

  • Actions Upon Termination In the event of termination not the fault of the Contractor, the Contractor shall be paid for the services properly performed prior to termination, together with any reimbursable expenses then due, but in no event shall such compensation exceed the maximum compensation to be paid under the Contract. The Contractor agrees that this payment shall fully and adequately compensate the Contractor and all subcontractors for all profits, costs, expenses, losses, liabilities, damages, taxes, and charges of any kind whatsoever (whether foreseen or unforeseen) attributable to the termination of this Contract. Upon termination for any reason, the Contractor shall provide Seattle with the most current design documents, contract documents, writings and other product it has completed to the date of termination, along with copies of all project-related correspondence and similar items. Seattle shall have the same rights to use these materials as if termination had not occurred.

  • Obligations Upon Termination Upon termination of this Agreement, either party shall, at the request of the other party, return any document, material, database, equipment, or software containing the Confidential Information to the other party. If, for any reason, such document, material, database, equipment, or software cannot be returned, either party shall destroy all the Confidential Information belonging to the other party and delete such Confidential Information from any memory devices. No party shall be permitted to continue using the Confidential Information in any way after the termination of this Agreement.

  • Liability Upon Termination Termination of this Agreement, or any part hereof, for any cause shall not release either Party from any liability which at the time of termination had already accrued to the other Party or which thereafter accrues in any respect to any act or omission occurring prior to the termination or from an obligation which is expressly stated in this Agreement to survive termination.

  • Effects of Expiration or Termination Upon expiration of the License Term or termination of this Agreement, Customer shall promptly pay all sums owed by Customer, return the original copies of all Licensed Products to PTC, destroy and/or delete all copies and backup copies thereof from Customer’s computer libraries, storage facilities and/or hosting facilities, and certify in writing by an officer that Customer is in compliance with the foregoing requirements and that the Licensed Products are no longer in Customer’s possession or in use.

  • Effect of Expiration or Termination Upon any expiration or termination of this Agreement, except as expressly otherwise provided in this Agreement:

  • Rights and Obligations Upon Termination (a) In the event of Employer’s termination of the Term (and Executive’s employment) pursuant to Section 5.3 (which, for the avoidance of doubt, is a termination Without Cause), Employer shall pay Executive:

  • Effect of Expiration or Termination; Survival Expiration or termination of this Agreement shall not relieve the Parties of any obligation accruing prior to such expiration or termination. Any expiration or termination of this Agreement shall be without prejudice to the rights of either Party against the other accrued or accruing under this Agreement prior to expiration or termination, including without limitation the obligation to pay royalties for the Covered Products sold prior to such expiration or termination. The provisions of Articles 5 and 9, and Sections 3.5, 3.9, 4.5, 4.10.2, 4.10.3, 6.2.1(f), 6.3, 6.5, 6.6, 6.7, 7.3.1, 7.3.2, 7.3.3, 8.2.3 and 8.3 shall survive any expiration or termination of this Agreement. Except as set forth in this Article 8, upon termination or expiration of this Agreement all other rights and obligations of the Parties under this Agreement cease.

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