Common use of Early Termination Buy Out Clause in Contracts

Early Termination Buy Out. Notwithstanding anything stated in the above Sections, in the event of early Termination as set forth in Section 11.1.1, Supplier may elect to buy out Distributor by way of a flat fee buy out. Said amount to be negotiated at the time of Early Termination, in good faith and agreed upon, in writing by all Parties. In the event of a flat fee buy out all rights, product, inventory, royalties, future overrides, accrued Advertising Escrow Accounts, art, masters and other items as set forth herein shall revert back to Supplier.

Early Termination Buy Out. Notwithstanding anything stated in the above Sections, in the event of early Termination as set forth in Section 11.1.1, Supplier may elect to buy out Distributor by way of a flat fee buy out. Said amount to be negotiated at the time of Early Termination, in good faith and agreed upon, in writing by all Parties. In the event of a flat fee buy out all rights, product, inventory, royalties, future overrides, accrued Advertising Escrow Accounts, art, masters and other items as set forth herein shall revert back to Supplier. 12.

Early Termination Buy Out. Notwithstanding anything stated in the above Sections, in the event of early Early Termination as set forth in Section 11.1.1, Supplier may elect to buy out Distributor by way of a flat fee buy out. Said amount to be negotiated at the time of Early Termination, in good faith and agreed upon, in writing by all Parties. In the event of a flat fee buy out all rights, product, inventory, royalties, future overrides, accrued Advertising Escrow Accounts, art, masters and or other items item as set forth herein shall would revert back to Supplier.

Early Termination Buy Out. Notwithstanding anything stated in the above Sections, in the event of early Early Termination as set forth in Section 11.1.1, Supplier may elect to buy out Distributor by way of a flat fee buy out. Said amount to be negotiated at the time of Early Termination, in good faith and agreed upon, in writing by all Parties. In the event of a flat fee buy out out, all rights, product, inventory, royalties, future overrides, accrued Advertising Escrow AccountsAccount, art, masters and other items as set forth herein shall revert back to Supplier.