Common use of E ffect of Termination Clause in Contracts

E ffect of Termination. Upon termination of this Agreement, the Franchise granted hereunder will expire; all rights of the Company in such Franchise will cease, without compensation to the Company and with no value allocable to such Franchise; and the rights of the City and the Company to the System, or any part thereof, will be determined as provided in § 10.8 hereof. Notwithstanding any other provisions of this Agreement, the Company shall not be relieved of liability to the City for damages sustained by the City by virtue of the Company’s breach of the Agreement, or of its obligations pursuant to §§ 8.1 through 8.5 of this Agreement.

Appears in 6 contracts

Samples: Information Services Franchise Agreement, Information Services Franchise Agreement, Information Services Franchise Agreement

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