Effect of Termination; Fees Sample Clauses

Effect of Termination; Fees. Upon the expiration or termination of the Term, Customer shall (i) pay ACT all amounts then due and owing to ACT, and (ii) return to ACT all proprietary materials of ACT received under this Agreement. Upon termination or expiration of the Term for any reason, in addition to other amounts payable to ACT, Customer shall pay to ACT (i) all costs associated with ACT’s provision of Services during any Migration Period, and (ii) any termination fee that may be payable under the applicable Exhibit to this Agreement.
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Effect of Termination; Fees. (a) In the event of termination of this Merger Agreement by either Acquisition or the Company, as provided above, this Merger Agreement shall forthwith become void and (except for the willful breach of this Merger Agreement by any party hereto) there shall be no liability on the part of either the Company or Acquisition or their respective officers or employees; provided that the last sentence of Section 7.1 and Sections 9.2, 11.3 and 11.7 shall survive the termination.
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Effect of Termination; Fees. Expiration or termination of the Agreement or termination of any Services does not alleviate Customer of any responsibility for paying all unpaid, accrued charges due hereunder and Customer shall be responsible for the full MRC for the month in which termination occurs, the following month and any applicable Usage Charges.
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Effect of Termination; Fees. Upon termination of this Agreement, in addition to any applicable early termination charge, disconnection fees and other charges under Section 3.5, Customer shall be responsible for the full monthly Service Charges fro the month in which termination occurs, the following month and any applicable usage charges. Expiration or termination of the Agreement does not alleviate Customer of any responsibility for paying all unpaid, accrued charges due hereunder.
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Effect of Termination; Fees. (a) In the event of termination of this Merger Agreement by either Parent or the Company, as provided above, this Merger Agreement shall forthwith become void and (except for the willful breach of this Merger Agreement by any party hereto) there shall be no liability on the part of either the Company, Parent or Sub or their respective officers or directors; provided that Article V insofar as such representations and warranties relate to the Stock Option Agreement, the last sentence of Section 7.1, Section 7.7 (with respect to the Stock Option Agreement and the transactions contemplated thereby) and Section 7.8 (with respect to the Stock Option Agreement and the transactions contemplated thereby) and Sections 9.2, 10.3 and 10.7 shall survive the termination.
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Effect of Termination; Fees. As mutual inducements by Liberty Bank --------------------------- and General Bank to one another to enter into this Agreement:
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Effect of Termination; Fees. (a) In the event of termination of this Merger Agreement by either Acquisition or the Company, as provided above, this Merger Agreement shall forthwith become void and (except for the willful breach of this Merger Agreement by any party hereto) there shall be no liability on the part of any party to this Merger Agreement or their respective directors, managers, officers or employees; provided that the last sentence of Section 7.1 and all of Sections 9.2, 11.3 and 11.7 shall survive the termination. (b) The Company shall pay to TKG or Acquisition (as TKG shall direct) a Termination Fee (as defined below) if: (i) Acquisition terminates this Merger Agreement pursuant to Section 9.1(e) or (f); or (ii) more than five business days after the receipt by Acquisition of the Superior Proposal Notice, the Company terminates this Merger Agreement pursuant to Section 9.1(g); or (iii) so long as Acquisition or TKG has not materially defaulted under Sections 1, 3 and 10 of this Agreement, on or prior to November 1, 1998 (A) the Company (directly or indirectly through the Company Manager or the Advisory Board) accepts, recommends (or takes no position with respect to or otherwise does not recommend against), consummates, or enters into or announces any agreement with respect to, an Acquisition Proposal, or amends or otherwise takes action under the Rights Agreement rendering the Rights Agreement inapplicable to an Acquisition Proposal or redeems the rights under the Rights Agreement after an Acquisition Proposal has been made, disclosed or announced, or has taken (or has resolved or publicly disclosed an intention to take) any of the foregoing actions in this clause (A), or (B) an Acquisition Proposal is consummated. (c) The Termination Fee shall be equal to one million two hundred thousand dollars ($1,200,000). The Termination Fee shall be paid as promptly as practicable and in no event later than (A) in the event of termination by the Company as described in clause (ii) of Section 9.2(b), immediately prior to or simultaneously with termination of the Merger Agreement; or (B) in the event of termination by Acquisition as described in clause (i) of Section 9.2(b), two (2) business days following such termination; or (C) in the event of any of the actions or events described in clause (iii) of Section 9.2(b), upon and (unless otherwise due pursuant to clause (A) or clause (B) of this Section 9.2(c)) immediately prior to consummation of the transaction contemplated by the A...
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Related to Effect of Termination; Fees

  • Effect of Termination; Termination Fee (a) In the event of the termination and abandonment of this Agreement pursuant to Section 10.1, the Agreement shall terminate and have no effect, except as otherwise provided herein and except that the provisions of this Section 10.2, Section 10.5 and Article 11 of this Agreement shall survive any such termination and abandonment.

  • 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 Effect of Termination 33 9.1 TERMINATION.................................................33 9.2

  • 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.

  • Notice of Termination; Effect of Termination Any proper termination of this Agreement under Section 7.1 will be effective immediately upon the delivery of written notice of the terminating party to the other parties hereto. In the event of the termination of this Agreement as provided in Section 7.1, this Agreement shall be of no further force or effect, except (i) as set forth in this Section 7.2, Section 7.3 and Article 8, each of which shall survive the termination of this Agreement, and (ii) nothing herein shall relieve any party from liability for any willful breach of this Agreement. No termination of this Agreement shall affect the obligations of the parties contained in the Confidentiality Agreement, all of which obligations shall survive termination of this Agreement in accordance with their terms.

  • Effect of Termination on Compensation In the event of the termination of this Agreement prior to the completion of the term of employment specified in Article 1, the Employee shall be entitled to the compensation earned by the Employee prior to the effective date of termination as provided for in this Agreement, computed pro rata up to and including that date. Except as otherwise provided in this Agreement, the Employee shall be entitled to no further compensation after the date of termination.

  • 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.

  • Effect of Termination for Cause If Employee's employment is terminated "For Cause":

  • Effect of Termination and Abandonment Upon the termination of this Agreement and abandonment of the Merger pursuant to Section 8.1 or 8.2 hereof, this Agreement shall become void and have no effect, and no party shall have any liability to the other in connection with the transactions contemplated hereby, including the Merger, or as a result of the termination of this Agreement; provided, that the foregoing shall not relieve a party of any liability as a result of a breach of any of the terms of this Agreement.

  • Termination Fees It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the Energy you consume that is supplied by XOOM. In addition, you must also pay us any outstanding payment obligations you have incurred under this Contract that remain unpaid, including related wire service, distribution and administration fees, and all applicable Taxes up to the termination date. If you do not pay us the amounts owing by the date indicated, we will charge you the Late Payment Charge.

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