Durable Obligation Sample Clauses

A Durable Obligation clause defines the requirement for certain obligations under a contract to remain in effect even after the contract itself has ended or been terminated. Typically, this applies to duties such as confidentiality, indemnification, or payment of outstanding amounts, which are intended to survive the expiration or termination of the agreement. By specifying which obligations are 'durable,' the clause ensures that critical responsibilities continue to bind the parties, thereby protecting ongoing interests and preventing loopholes that could arise if all obligations ceased with the contract's end.