Consequences of Termination Sample Clauses
Consequences of Termination. If this Agreement is terminated pursuant to this Article, the Funder may:
(a) cancel all further Funding instalments;
(b) demand the repayment of any Funding remaining in the possession or under the control of the HSP;
(c) through consultation with the HSP, determine the HSP’s reasonable costs to wind down the Services; and
Consequences of Termination. On termination of this Agreement for any reason:
(a) The Representative’s appointment shall terminate;
(b) All licences granted hereunder shall terminate;
(c) To the extent that the Representative's right to commission has arisen on Qualified Sales made as a result of referrals made by the Representative before the date of termination, the Representative shall continue to be entitled to commission on each such Qualified Sale in accordance with the relevant terms of this Agreement for the longer of:
(i) The period of three years starting the day after the date of termination;
(ii) The remaining term of the relevant Service order under the Customer Agreement (not including renewals of the Service order), up to a maximum of five years from the start of the term of the Service order concerned, and provided that the term of the Service order started before the date of termination of this Agreement; and Distributor shall continue to account to the Representative accordingly in respect of the relevant commission in accordance with the relevant terms of this Agreement, provided that:
(iii) The Representative's continued right to commission under this clause (c) shall not apply in respect of any Qualified Sales where the termination of this Agreement is under clause 8.3(a) as a consequence of a material breach on the part of the agent; and
(iv) The Representative's continued right to commission shall come to an end in respect of any Customer Agreement in relation to which the Customer engages another agent of Distributor to process a renewal of any of the Services supplied under that Customer Agreement; in that case, the Representative's right to commission in respect of the relevant Customer Agreement shall come to an end on the date immediately prior to the date on which the relevant renewal takes effect;
(d) The Representative shall (and shall procure that each of its Customers shall) stop representing itself as Distributor’s authorised sales agent with respect to Services and shall otherwise stop conduct or representations that might reasonably be expected to lead the public to believe that the Representative (or relevant Customer) is authorised by Distributor to market, promote or solicit sales of the Services in any capacity;
(e) Each party shall immediately return to the other party or destroy all Confidential Information and any other data or information it shall have received from the other party during or in connection with this Agreement, and shall make ...
Consequences of Termination. (a) If this Agreement is terminated pursuant to this Article, the LHIN may:
(1) cancel all further Funding instalments;
(2) demand the repayment of any Funding remaining in the possession or under the control of the HSP;
(3) determine the HSP’s reasonable costs to wind down the Services; and
(4) permit the HSP to offset the costs determined pursuant to section (3), against the amount owing pursuant to section (2).
(b) Despite (a), if the cost determined pursuant to section 12.3(a) (3) exceeds the Funding remaining in the possession or under the control of the HSP the LHIN will not provide additional monies to the HSP to wind down the Services.
Consequences of Termination. In the event of the Agency terminating the Contract in accordance with this Article and without prejudice to any other measures provided for in the Contract, the Contractor shall waive any claim for consequential damages, including any loss of anticipated profits for uncompleted work. On receipt of the letter terminating the Contract, the Contractor shall take all appropriate measures to minimise costs, prevent damage, and cancel or reduce his commitments. He shall draw up the documents required by the Special Conditions for the tasks executed up to the date on which termination takes effect, within a period not exceeding sixty days from that date. The Agency may claim compensation for any damage suffered and recover any sums paid to the Contractor under the Contract. On termination the Agency may engage any other contractor to complete the services. The Agency shall be entitled to claim from the Contractor all extra costs incurred in making good and completing the services, without prejudice to any other rights or guarantees it has under the Contract.
Consequences of Termination. 17.1 Upon termination of this agreement, however caused:
(a) Tardis' consent to the Customer's possession of the Equipment shall terminate and Tardis may, by its authorised representatives, without notice and at the Customer's expense, retake possession of the Equipment and for this purpose may enter the Site or any premises at which the Equipment is located; and
(b) without prejudice to any other rights or remedies of the Customer, the Customer shall pay to Tardis on demand:
i. all Rental Payments and other sums due but unpaid at the date of such demand together with any interest accrued pursuant to clause 5.9;
ii. any costs and expenses incurred by Tardis in recovering the Equipment and/or in collecting any sums due under this agreement (including any storage, insurance, repair, transport, legal and remarketing costs).
17.2 Upon termination of this agreement pursuant to clause 15.1, any other repudiation of this agreement by the Customer which is accepted by Tardis or pursuant to clause 15.2, without prejudice to any other rights or remedies of Tardis, the Customer shall pay to Tardis on demand a sum equal to the whole of the Rental Payments that would (but for the termination) have been payable if the agreement had continued from the date of such demand to the end of the Rental Period, less:
(a) a discount for accelerated payment at the percentage rate set out in the Payment Schedule; and
(b) Tardis' reasonable assessment of the market value of the Equipment on sale.
17.3 The sums payable pursuant to clause 17.2 shall be agreed compensation for Tardis' loss and shall be payable in addition to the sums payable pursuant to clause 16.2(b). Such sums may be partly or wholly recovered from any Deposit.
17.4 Termination or expiry of this agreement shall not affect any rights, remedies, obligations or liabilities of the parties that have accrued up to the date of termination or expiry, including the right to claim damages in respect of any breach of the agreement which existed at or before the date of termination or expiry.
Consequences of Termination. If this Agreement with the Servicer is terminated pursuant to Section 19.2.3 hereof, the Servicer shall deliver all Servicer Mortgage Loan Files, in their entirety, for those Mortgage Loans serviced under this Agreement, as well as any other documents or reports held by the Servicer concerning such Mortgage Loans, to the transferee designated by the Trustee and shall assist in the efficient and timely transfer of the servicing to such transferee. The Servicer shall not be entitled to compensation for servicing following its termination.
Consequences of Termination. Any termination payments made and benefits provided under this Agreement to the Executive shall be in lieu of any termination or severance payments or benefits for which the Executive may be eligible under any of the plans, policies or programs of the Company or its affiliates as may be in effect from time to time. Subject to satisfaction of each of the conditions set forth in Section 9, the following amounts and benefits shall be due to the Executive:
Consequences of Termination. In the event of termination of this Agreement, Sections 4, 8, 9, 10, 12(b), 12(e), 16, 20 and 23(b) shall survive such termination of this Agreement. Section 15 of this Agreement shall survive for a period of two (2) years following termination of this Agreement. Termination of this Agreement shall immediately and unconditionally revoke any and all powers of attorney granted to the Sub-Adviser under this Agreement.
Consequences of Termination. The expiry or termination of this Agreement shall be without prejudice to any rights which have already accrued to either of the parties under this Agreement. Upon early expiry or termination of this Agreement: - all of the rights granted to the NSA or the Organiser shall forthwith terminate and automatically revert to FIS; - the FIS shall be entitled to grant all or any of the rights under this Agreement to any third party; and - the FIS, the NSA and the Organiser will promptly return to the other all of the property of the others within their possession. The right to terminate this Agreement shall in any event be without prejudice to any other right or remedy of the parties.
Consequences of Termination. 8.1 Upon termination of this Agreement by Infosys on any ground(s) as per Clauses 6.1 and 6.3 of this Agreement, the Trainee shall be obliged to:
8.1.1 Pay the Fees as per Clause 3.1 of this Agreement;
8.1.2 Return all tangible forms of Confidential Information to Infosys.
8.1.3 Leave the designated Infosys Campus with immediate effect.
8.2 Upon termination of this Agreement by Trainee as per Clause 7.1 of this Agreement, the Trainee shall be obliged to:
8.2.1 Return all tangible forms of Confidential Information to Infosys.
8.2.2 Leave the designated Infosys Campus with immediate effect, if the Trainee is already in Infosys Campus.