Common use of Duties Flowing from Termination Clause in Contracts

Duties Flowing from Termination. To the extent BMO has submitted an Order pursuant to the terms of Section 4.1 prior to the termination of this Agreement in accordance with Article 3, Carrier shall provide the Services as described in Section 4.1 as if such termination did not occur. Unless agreed to by the parties in writing otherwise, BMO’s Order submitted pursuant to the terms of Section 4.1 shall not be cancellable solely due to the termination of this Agreement and Carrier’s obligation to provide Services for such Orders shall survive the termination of the Agreement and shall be subject to the terms herein.

Appears in 3 contracts

Samples: Gold Carrier Agreement (Vaulted Gold Bullion Trust), Gold Carrier Agreement (Vaulted Gold Bullion Trust), Gold Carrier Agreement (Bank of Montreal /Can/)

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Duties Flowing from Termination. To the extent BMO has submitted an Order pursuant to the terms of Section 4.1 prior to the termination of this Agreement in accordance with Article 3, Carrier shall provide the Services as described in Section 4.1 as if such termination did not occur. Unless agreed to by the parties in writing otherwise, BMO’s Order submitted pursuant to the terms of Section 4.1 shall not be cancellable solely due to the termination of this Agreement and Carrier’s obligation to provide Services for such Orders shall survive the termination of the Agreement and shall be subject to the terms herein.. 5

Appears in 1 contract

Samples: Gold Carrier Agreement

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