Effect of Termination of the Agreement. Except as provided in this Section 12.5 upon any termination of this Agreement other than the expiration of the Term, the following shall apply (in addition to any other rights and obligations under Section 12.6 or otherwise under this Agreement with respect to such termination):
Effect of Termination of the Agreement. Upon termination by Affymax of the Agreement under Section 13.2(b), or upon termination by Takeda under Section 13.2(a), the following shall apply (in addition to any other rights and obligations under Section 13.5, 13.6 or 13.7 or otherwise under this Agreement with respect to such termination) with respect to the affected territory or territories:
Effect of Termination of the Agreement. Termination of the Agreement under this Section 12(d) shall not affect the continuance in force of any Order (including any Statement of Work referenced in any Order) that is still in progress as at the effective date of termination.
Effect of Termination of the Agreement. (1) If the Agreement is terminated, all rights and obligations of the Parties hereto under the Agreement shall be terminated immediately, except for the responsibilities and liabilities that shall be assumed in accordance with Articles 5 and 7 of the Agreement.
(2) If the Agreement is terminated without the fault of any Party hereto, each Party shall return the consideration received from other Parties under the Agreement and restore the status when the Agreement was executed in accordance with the principles of fairness, reasonableness and good faith.
Effect of Termination of the Agreement. The termination of this Agreement shall not in any way operate to impair or destroy any of the rights or remedies of either Shareholder, or to relieve any Shareholder of its obligations to comply with any of the provisions of this Agreement, which shall have accrued prior to the effective date of termination. Furthermore, the Shareholders expressly agree that Clauses 10.7, 13.1 and any other Clauses of this Agreement, which may, from time to time, be determined by mutual agreement of the Shareholders, shall survive any termination for any reason whatsoever of this Agreement. In the event that the Shares of the non-terminating Shareholder are not purchased by the terminating Shareholder in the manner set forth in Section
Effect of Termination of the Agreement. (a) Upon any termination of this Agreement the following shall apply:
Effect of Termination of the Agreement. 8.5.1. Termination of this Agreement for any reason shall not release any party hereto from any liability which, at the time of such termination, has already accrued to the other party or which is attributable to a period prior to such termination, or preclude either party from pursuing any rights and remedies it may have hereunder or at law or in equity which accrued or are based upon any event occurring prior to such termination.
8.5.2. Upon any termination of this Agreement, each party and its Affiliates shall promptly return to the other party all Confidential Information of the other party in whatever form held (including all copies or embodiments thereof), except that a party and its Affiliates may retain the other party’s Confidential Information in its possession, custody or control only as necessary to exercise the license rights that survive termination (if any).
Effect of Termination of the Agreement. Subject to clause 2.4 the Customer shall within 30 days from the date of termination pay to Elev8 all of Elev8's outstanding unpaid invoices and interest and, in respect of Services supplied but for which no invoice has been submitted, Elev8 may issue and submit an invoice, which shall be payable within 30 days from receipt. The termination of a certain Proposal shall not affect the validity and operation of any other Agreement in place between the Customer and Elev8, unless otherwise agreed by the parties.
Effect of Termination of the Agreement. Expiration or termination of this Agreement shall not relieve the Parties of any liability which accrued hereunder prior to the effective date of such expiration or termination or to which a Party may be contractually committed as of such effective date nor preclude either Party from pursuing all rights and remedies it may have hereunder or at law or in equity with respect to any material breach of this Agreement, nor prejudice either Party’s right to obtain performance of any obligation.
Effect of Termination of the Agreement. In the event of a valid termination of this Agreement before the Closing, this Agreement shall forthwith become void and there shall be no liability or obligation on the part of Buyer or Seller, or their respective officers, directors or stockholders or Affiliates or Associates; provided, however, that each Party shall remain liable for any breaches of this Agreement prior to its termination; and provided further that, the provisions of Sections 13.1, 14.3 and 15 of this Agreement shall remain in full force and effect and survive any termination of this Agreement, in addition to any other provisions that by their terms survive termination and any other provisions of this Agreement to the extent necessary to give meaning and effect to the foregoing Sections.
