Effect of Termination or Expiration of Agreement. Upon any termination or expiration of this Agreement: (i) we will stop providing the Subscription Services, and you will stop all access to and use of the Subscription Services and Documentation; (ii) you will promptly return any leased Hardware, On-Prem Software and Documentation as per our written directions; (iii) you will promptly pay all unpaid Fees and applicable Taxes due through the end of the Term; and (iv) each Party will either return to the Disclosing Party (or, at such Disclosing Party's instruction, destroy and provide such Disclosing Party with written certification of the destruction of) all documents, computer files, and other materials containing any of such Disclosing Party's Confidential Information that are in the Receiving Party's possession or control. Customer shall provide Shift 5 with a signed written statement confirming that the On-Prem Software and any leased Hardware has been permanently removed from Customers systems and platforms.
Effect of Termination or Expiration of Agreement. The Parties will be subject to the terms and conditions set forth in this Section upon the termination or expiration of this Agreement.
Effect of Termination or Expiration of Agreement. 18.3.1 In case of any termination or expiration of this Agreement, all rights and obligations of the Parties shall cease immediately, unless otherwise indicated in this Agreement.
Effect of Termination or Expiration of Agreement. Unless determined otherwise by the Management Committee in accordance with Section 6.4, upon the expiration or termination of this Agreement, the party that created New Intellectual Property shall remain the owner thereof, and Sears or its designee shall, upon the exercise of the Repurchase Option, have a right to receive a perpetual, non-exclusive royalty-free license to such New Intellectual Property owned solely by Purchaser but only for use with respect to the Sears Repurchased Assets or a successor program.
Effect of Termination or Expiration of Agreement. Upon termination or expiration of this Agreement, all rights and licenses granted herein shall terminate, except as necessary to exhaust LICENSEE’s existing inventory of HP Branded Products during any Inventory Exhaustion Period. LICENSEE shall remain obligated after any termination or expiration of this Agreement to fulfill all of its warranty, support and spare parts obligations, and any supporting services necessary to allow consumers the continued use of HP Branded Products as part of the warranty obligation as described in Sections 10.9 and 10.10 and Exhibits 8 and 9. These supporting services shall not be HP branded unless otherwise directed by HP, which direction may be or may not be given at HP’s sole discretion. In addition:
Effect of Termination or Expiration of Agreement. Nothing herein shall be construed to release either party from any obligation which matured prior to the effective date of such termination or which may continue beyond such termination. Neither termination nor expiration of this Agreement nor waiver of any right to terminate under this Agreement shall impair or limit any rights or remedies that FXRE or ThrillRides may have at law or in equity.
Effect of Termination or Expiration of Agreement. Upon the termination of Employee’s employment for any reason, including upon expiration of the term of this Agreement, Employer shall pay Employee the compensation and benefits accrued and payable to Employee under Section 4 through the date of such termination (the “Termination Date”). Employee shall also provide to Employee such other payments and benefits (if any) as a result of such termination as are expressly provided for in or contemplated by this Agreement. Except as expressly provided herein or contemplated hereby, Employee’s rights following any termination under Employer’s equity incentive plans and under Employer’s benefit plans of general application, including without limitation any medical, dental, vision, life, disability, and 401(k) plans then in effect, shall be determined under the provisions of those plans. Following the termination of Employee’s employment with the Company, the Company will also maintain directors’ and officers’ liability insurance coverage with respect to Employee (as a former executive officer of the Company) to the same extent the Company would maintain such insurance with respect to similarly situated former executive officers of the Company.
Effect of Termination or Expiration of Agreement. 14.1 Termination or expiration of this Agreement shall not affect the rights and obligations of the parties under provisions which by their meaning or intent have an effect beyond the duration of this Agreement. Such provisions shall, except to the extent expressly limited by their terms, survive any such termination or expiration. In addition, the liabilities of the parties for any breach of this Agreement shall survive expiration or termination hereof. Without in any way limiting the foregoing, but subject to Section 14.2, PROJECTS and drug development activities relating to CANDIDATES resulting from PROJECTS shall not be affected by any termination of this Agreement pursuant to Article 13 and any provisions of this Agreement relating thereto shall survive any such termination.
Effect of Termination or Expiration of Agreement
