Effect of Termination, (a Clause Samples
The 'Effect of Termination' clause defines the consequences and procedures that take place when an agreement is terminated. Typically, this clause outlines which obligations of the parties will end immediately and which provisions, such as confidentiality or payment of outstanding amounts, will survive beyond termination. Its core practical function is to ensure both parties understand their rights and responsibilities after the contract ends, thereby preventing disputes and providing clarity on post-termination matters.
Effect of Termination, (a. In the event of termination of the Executive’s employment, whether before or after the Term, by either party for any reason, or by reason of the Executive’s death or disability, the Company shall pay to the Executive (or his/her beneficiary in the event of his/her death) any base salary or other compensation earned but not paid to the Executive prior to the effective date of such termination. All other benefits due the Executive following his/her termination of employment shall be determined in accordance with the plans, policies and practices of the Company.
Effect of Termination, (a. Investigator shall promptly stop treatment with the Study Drug to the extent medically permissible for Study subjects and shall not screen or enroll any additional subjects; Zadavatel smí po písemném oznámení Studii kdykoli pozastavit bez udání důvodu, přičemž toto pozastavení nebude považováno za porušení této Smlouvy.
Effect of Termination, (a. The termination of the appointment of the ACD under Clause 9 hereof or Clause 10 hereof:
(i) shall not affect such obligations of the ACD hereunder as are expressed to survive such termination; and
(ii) shall be without prejudice to the completion by the ACD of transactions already initiated for the account of the Funds and in such circumstances the parties shall use all reasonable endeavours to complete any transactions then in progress.
Effect of Termination, (a. Upon the termination of this Agreement, and subject to Section 1(D), Licensee shall have a period of ninety (90) days to cease the use of the Trademarks, including the removal of any Trademarks from any Ship owned or leased by the Licensee, after which all rights granted to Licensee and its Subsidiaries hereunder in the Trademarks shall revert to Licensor, and Licensee shall refrain and shall procure that its Subsidiaries shall refrain from further use of the Trademarks or any further reference thereto, direct or indirect.
Effect of Termination, (a. If this Agreement is terminated pursuant to Sections 9.1, all obligations of the Parties pursuant to this Agreement will terminate without further liability of any Party to the other Party except for: (i) Section 11.10 relating to expenses; (ii) Section 11.12 relating to public announcements, (iii) Section 11.5 relating to, inter alia, privilege; (iv) Section 5.2 relating to confidentiality; and (v) this Section 9.2, which shall survive termination and continue in full force and effect.