Common use of Effect of Termination by VirTra for Cause Clause in Contracts

Effect of Termination by VirTra for Cause. If Modern Round is the Breaching Party and VirTra terminates this Agreement in accordance with Section 9.1, then Modern Round will, within fifteen (15) calendar days of the termination, pay VirTra all amounts due and owing pursuant to this Agreement prior to the date of termination and Section 6 and Section 7 will survive any such termination.

Appears in 4 contracts

Samples: Co Venture Agreement (VirTra, Inc), Operating Agreement (VirTra, Inc), Co Venture Agreement (Modern Round Entertainment Corp)

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