Consequences Upon Termination. Upon termination or expiration of this Agreement for any reason, (a) the parties shall cease all advertising and marketing of the Client eStore; (b) Company shall cease operation of the Client eStore; (c) Client shall immediately cease use of Company’s Intellectual Property Rights, (d) Client shall immediately return to Company, all property, equipment and materials provided to Client by Company, and (e) Company shall immediately return to Client Materials provided to Company (although Company shall be permitted to keep one copy of such Client Materials solely for record-keeping purposes).
Consequences Upon Termination. Upon expiration or termination of this Agreement for any reason:
Consequences Upon Termination. (a) In the event this Agreement is terminated for reasons other than a non-monetary default, ETC shall continue to have the rights in Paragraph 2.6 and Manufacturer will continue to provide the Network Services set forth in Paragraph 8.0 to ETC for each DVM purchased hereunder and operating at a point of sale location for a period of one hundred eighty (180) days from the date of termination, provided ETC complies with each of the following conditions:
(i) Perform all of the duties and responsibilities as set forth in Paragraph 2.1; and
(ii) Pay all monies due Manufacturer under this Agreement, including, without limitation, the fees due under Paragraphs 3.5(a) and 8.2.
(b) Notwithstanding any provision herein to the contrary, in the event Manufacturer's existing licensing agreement with The Orchard, LLC as set forth in Paragraph 8.4 is terminated or not renewed, Manufacturer has the right, upon thirty (30) days advance written notice to ETC, to terminate, without any liability, the Network Services to be provided in Paragraph 8.0 of this Agreement.
Consequences Upon Termination. 10.1 Upon termination of this Agreement for any reason whatsoever, the Employee shall, not later than the date of termination:
(a) handover the charge of his/her duties to such person as may be nominated/authorized by the Company;
(b) pay in full to the Company all amounts due by the Employee to the Company; and
(c) surrender to any person nominated/authorized by the Company, the Confidential Information and other documents of the Company, originals and/or copies (whether in printed or electronic form), Company Belongings, and all other properties, assets (whether movable or immovable), monies and belongings of the Company, its Client, Affiliates or branch offices in the Employee's possession or control.
(i) It is clarified that in case of failure of the Employee to return the Company Belongings or failure to return the Company Belongings in good condition, the Company shall be entitled to recover the value of such Company Belongings or the cost for the damages caused to the Company Belongings, as the case may be, by setting off the same against any payments due to the Employee or by any other means mentioned in the separate agreement executed by the Employee with respect to the Company Belongings.
(ii) The Company shall be at liberty to take appropriate legal action in case of failure of the Employee to hand over the Confidential Information and other sensitive information of the Company, its clients, affiliates or branch offices, in his/her possession at the time of cessation of his/her employment with the Company.
10.2 The Employee agrees that he/she shall not claim any amounts whatsoever from the Company by way of severance pay, bonus or compensation under this Agreement in the event of termination of this Agreement, except as provided under applicable law. B1, H5 Second Floor, Deutsche BMW showroom, Mohan cooperative industrial area, Near Haldiram Pin Code – 110044
Consequences Upon Termination. 16.1 Upon termination of the Employee’s employment with the Company for any reason whatsoever, the Employee shall not later than the effective date of termination:
(i) Handover charge to such person or persons as may be nominated by the Company in that behalf, and
(ii) Surrender to the management of the Company or any person nominated/authorized by it, all original and copies of business documents, blueprints, reproductions or any data, tables, calculations, diaries, notes or books and correspondence either addressed to the Employee by the Company or received by the Employee for and on behalf on the Company and all property (i.e. residential premises, keys, software, computer, vehicle, mobile phone and sim card, documents etc.) owned by the Company and in the possession or custody of the Employee pertaining to or connected with the business of the Company or any subsidiary, associate or affiliate of the Company.
16.2 Without prejudice to the Company’s other rights and remedies, the Company shall be entitled to deduct from the Employee’s emoluments, the amount of any claims, if any, which the Company may have against the Employee.
Consequences Upon Termination. 21.1 IMMEDIATELY UPON TERMINATION. Immediately upon expiration or any termination of this Agreement, Licensee shall:
(a) cease all use of the Sears Trademark and otherwise comply with the requirements of Section 3.15, and remove from Licensee's own premises and/or the Licensed Departments and return to Sears, all signs, work orders, invoices and related documentation bearing the Sears Trademark or any other Sears identification, failing which Owner or Sears shall have the right to enter any of Licensee's premises to do so, at Licensee's sole cost;
(b) return to Sears, or as Sears may direct, all Sears property, including but not limited to all Sears Confidential Information, employee identification cards, Sears merchandise, forms, signing, operating guides, sales and distribution reports;
(c) transfer to Sears, or as Sears may direct, all Customer goods and Customer contracts which are outstanding as at the date of expiration or other termination;
(d) cease to use all listed telephone and facsimile numbers used for the operation of the Concession transfer such numbers to Sears or as Sears may direct, and notify the telephone company of the transfer. Licensee hereby appoints Sears as its true and lawful attorney in fact, for it and in its name, place and stead to execute and deliver any and all documents and instruments as may be required to transfer such telephone and facsimile numbers to Sears or as Sears may direct; and,
(e) Licensee shall at its sole expense remove all of Licensee's inventory, furniture, fixtures, equipment and supplies from any Designated Store, and Licensee shall, without delay and without any expense to Owner or Sears whatsoever, repair any damage to the premises caused by such removal and surrender the Licensed Departments to Sears in good condition and repair, ordinary wear and tear excepted. Licensee acknowledges and agrees that, failure by the Licensee to remove its inventory, furniture, fixtures, equipment, and supplies, within the seven (7) days immediately following the date of expiration or any termination of this Agreement for any reason, shall constitute abandonment of such Licensee's assets, including without limitation, all inventory, furniture, fixtures, equipment and supplies and Sears may, at Sears exclusive option, and at Licensee's sole cost and risk, and without any liability whatsoever to Licensee dispose of the Licensee's assets including without limitation all inventory, furniture, fixtures, equipment and supplie...
Consequences Upon Termination. 27.1 After the termination of this Agreement in accordance with any of the terms herein, it is agreed that Nova shall not have any right or interest in future contracts entered into by Sears or the Owner relating to the operation of the same or any business similar to that contemplated by this Agreement and it is further agreed that Sears and the Owner may, without incurring any liability to Nova:
(a) enter into an agreement for the operation and provision of the same or similar Management Services and/or Retail Services with any person or organization Sears chooses; or,
(b) directly operate and provide the same or similar Management Services and/or Retail Services itself; or,
(c) completely terminate the operation and provision of such Management Services and/or Retail Services.
27.2 Immediately upon expiration or other termination of this Agreement, Nova shall:
(a) cease all use of the Trade Marx xxd otherwise comply with the requirements of Section 3.16, and remove from the Management Services premises and vehicles and return to Sears, all signs, work orders, invoices and related documentation bearing the Trade Marx xx any other Sears identification, failing which Sears shall have the right to enter the Management Services premises to do so at Nova's sole cost; and,
(b) return to Sears or as Sears may direct all Sears property, if any, including but not limited to all Confidential Information, employee identification cards, Sears merchandise, forms, signs, operating guides, sales and distribution reports; provide Sears the right to enter the Management Services premises to remove such property immediately upon expiration or other termination of this Agreement; and,
(c) cease to use all telephone and facsimile numbers used in the operation and provision of Management Services and the operation and provision of the Retail Services, transfer such numbers to Sears or as Sears may direct and notify the provider of the telephone and facsimile services of the transfer. Nova hereby appoints Sears as its true and lawful attorney in fact, for it and in its name, place and stead to execute and deliver any and all documents and instruments as may be required to transfer such telephone and facsimile numbers to Sears or as Sears may direct.
(d) To facilitate such transfer of telephone and facsimile numbers, Nova agrees to sign a valid, undated transfer of ownership of such numbers in the form set out in Schedule "I" attached hereto, which Sears may exercise upon such...
Consequences Upon Termination. 9.1 Upon expiration of the termination notice of this Agreement, the Reseller shall
Consequences Upon Termination. In the event this Lease is terminated pursuant to 16.01(a)(i) or (b), title and ownership to the Improvements shall automatically vest in Landlord without the execution or delivery of any further instrument and without any payment therefore by the Landlord subject to any mortgages upon said Improvements. In the event this Lease is terminated pursuant to 16.01 (a)(ii) or (c), title and ownership of the Improvements shall remain with Tenant, but Tenant shall not be obligated to make any continuing lease payments due hereunder and Tenant shall further be permitted to use the Improvements or lease the Improvements as the Tenant in its sole discretion deems advisable until the Tenant receives the full return of its Investment as defined in Section 3 of the License and Operating Agreement being executed simultaneous herewith. Upon the Tenant receiving the full return of its Investment, title and ownership to the Improvements shall automatically vest in the Landlord upon the execution of all appropriate documents by tenant transferring title to the Improvements to Landlord.
Consequences Upon Termination. Upon expiration or termination of this Agreement for any reason: (a) EMCORE shall repurchase Hakuto's inventory of new and unused Spare Parts at EMCORE's then effective list price for such Spare Parts or Hakuto's cost therefor, whichever is lower. Hakuto shall deliver such Spare Parts, together with the Consignment Inventory, at EMCORE's expense, to EMCORE at such location, in such manner and at such time as EMCORE may direct.
