Effect of Termination and Disposal of Inventory Sample Clauses

Effect of Termination and Disposal of Inventory. The termination of this License shall not affect any payment or performance obligation accruing or arising prior to such termination, including without limitation any royalty payment obligation. Upon the termination of this License, (i) the license and all other rights granted to Licensee hereunder shall immediately cease and terminate, (ii) Licensee shall thereafter discontinue all use of the Licensed Marks and all content specifications or other manufacturing information provided by Licensor hereunder and shall no longer have the right to use the Licensed Marks, or any variation or simulation thereof or any xxxx or designs confusingly similar thereto, whether for advertising, promotion or otherwise, or any content specifications or other manufacturing information provided by Licensor hereunder, and (iii) any and all rights granted to Licensee by this License shall thereupon revert to Licensor. Notwithstanding the preceding sentence, upon the termination for any reason of this License, Licensee shall have the right to dispose of all Licensed Products which are on hand, in the process of manufacture or for which specially manufactured raw materials have been purchased. Licensee shall pay to Licensor a royalty on the sale of such Licensed Products at the rate applicable at the time of termination and under the terms and conditions of this License, and the provisions of Sections 2.3, 4.5, 4.6, 5.4, 5.5, 6.4 and 6.5 shall continue to apply with respect to the sale of such Licensed Products.
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Effect of Termination and Disposal of Inventory 
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Related to Effect of Termination and Disposal of Inventory

  • Effect of Termination Upon any expiration of the Term or termination of this Agreement, the obligations and rights of the parties hereto shall cease, provided that such expiration or termination of this Agreement shall not relieve the parties of any obligation or breach of this Agreement accruing prior to such expiration or termination, including, without limitation, all accrued payment obligations arising under Article 6. In addition, Article 5, Article 7, Section 2.12, Section 4.5, and this Section 4.6 shall survive the expiration or termination of this Agreement. For the avoidance of doubt, the rights of Registry Operator to operate the registry for the TLD shall immediately cease upon any expiration of the Term or termination of this Agreement.

  • Termination and Abandonment This Agreement may be terminated at any time prior to the Closing:

  • Effect of Termination of Agreement Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer and Provider under this Agreement shall be terminated (other than the indemnity obligations set forth in Section 13). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

  • Termination and Effect of Termination This Agreement shall terminate upon the date on which no Holder holds any Registrable Securities, except for the provisions of Sections 3.9 and 3.10, which shall survive any such termination. No termination under this Agreement shall relieve any Person of liability for breach or Registration Expenses incurred prior to termination. In the event this Agreement is terminated, each Person entitled to indemnification rights pursuant to Section 3.9 hereof shall retain such indemnification rights with respect to any matter that (i) may be an indemnified liability thereunder and (ii) occurred prior to such termination.

  • Survival of Termination The provisions of Sections 1.7, 1.8, 1.9, 1.10, 1.19, 1.20, 3.1, 3.2, 6.4, 6.5, 6.6, 6.7, 6.10 and 6.15 shall survive any termination of this Agreement.

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