Common use of Consequences of Early Termination Clause in Contracts

Consequences of Early Termination. Subject to Clauses 17.8 (Payments on Termination) and 17.9 (Return of the Parties’ IPR), in the case of termination of the Agreement prior to expiry of the Term, both Parties shall immediately cease all further performance of their respective obligations to be performed under this Agreement.

Appears in 2 contracts

Samples: Center Concept & Preliminary Design Support Agreement, Center Concept & Preliminary Design Support Agreement (SeaWorld Entertainment, Inc.)

AutoNDA by SimpleDocs

Consequences of Early Termination. Subject to Clauses 17.8 19.8 (Payments on Termination) and 17.9 19.9 (Return of the Parties’ IPR), in the case of termination of the Agreement prior to expiry of the Term, Term both Parties shall immediately cease all further performance of their respective obligations to be performed under this Agreement.

Appears in 2 contracts

Samples: Park Exclusivity and Concept Design Agreement, Park Exclusivity and Concept Design Agreement (SeaWorld Entertainment, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!