Effect of Termination or Expiration of the Term. Upon the termination of the Term, this Agreement shall forthwith become void and the Parties and OpCo shall have no liability or obligation under this Agreement, except that (a) the termination of this Agreement shall not relieve any Party or OpCo from any expense, liability or other obligation or remedy therefor that has accrued or attached prior to the date of such termination, (b) the provisions of Section 7.3, this Section 8.2, Article 15 and Section 17.1 through Section 17.10 shall survive such termination and remain in full force and effect indefinitely, (c) the indemnities set forth in Section 3.5(c) shall survive such termination and remain in full force and effect indefinitely, and (d) Section 10.4 and Section 17.11 shall survive such termination and remain in full force and effect for the period of time specified in such Sections.
Effect of Termination or Expiration of the Term. (a) Upon the end of the Term (whether pursuant to a termination pursuant to Section 10.1(a) or otherwise), this Agreement shall forthwith become void and the Parties shall have no liability or obligation under this Agreement, except that (i) the termination of this Agreement shall not relieve any Party from any expense, liability or other obligation or remedy therefor which has accrued or attached prior to the date of such termination, and (ii) the provisions of Section 16.2 through Section 16.5 and Article 19 (other than Section 19.3), and such portions of Appendix II as are necessary to give effect to the foregoing, shall, in each case, survive such termination and remain in full force and effect indefinitely.
(b) Upon the termination of this Agreement with respect to the Terminals System pursuant to Section 10.1(b), this Agreement shall forthwith become void and the Parties shall have no liability or obligation under this Agreement, except that (i) the termination of this Agreement shall not relieve any Party from any expense, liability or other obligation or remedy therefor which has accrued or attached prior to the date of such termination, and (ii) the provisions of Section 16.2 through Section 16.5 shall survive such termination and remain in full force and effect indefinitely.
Effect of Termination or Expiration of the Term. (a) Upon the end of the Term with respect to any Subsystem (whether pursuant to a termination pursuant to Section 10.1(a) or otherwise), this Agreement shall forthwith become void as to such Subsystem and the Parties shall have no liability or obligation under this Agreement, except that (i) the termination of this Agreement (whether with respect to a single Subsystem or the entirety of the Gathering System) shall not relieve any Party from any expense, liability or other obligation or remedy therefor which has accrued or attached prior to the date of such termination, and (ii) the provisions of Section 16.2 through Section 16.5, and Article 19 (other than Section 19.3), and such portions of Appendix II as are necessary to give effect to the foregoing, shall, in each case, survive such termination and remain in full force and effect indefinitely with respect to such Subsystem.
(b) Upon the termination of this Agreement with respect to any Subsystem (whether pursuant to Section 10.1(b) or otherwise), this Agreement, shall, only with respect to such Subsystem, forthwith become void and the Parties shall have no liability or obligation under this Agreement with respect to such Subsystem, except that (i) the termination of this Agreement with respect to such Subsystem shall not relieve any Party from any expense, liability or other obligation or remedy therefor which has accrued or attached prior to the date of such termination with respect to such Subsystem, and (ii) the provisions of Section 16.2 through Section 16.5 shall survive such termination and remain in full force and effect indefinitely with respect to such Subsystem.
Effect of Termination or Expiration of the Term. Upon the end of the Term, this Agreement shall forthwith become void and the Parties shall have no liability or obligation under this Agreement, except that (a) the termination of this Agreement shall not relieve any Party from any expense, liability or other obligation or remedy therefor which has accrued or attached prior to the date of such termination, and (b) the provisions of Section 13.2 through Section 13.5 shall survive such termination and remain in full force and effect indefinitely.
Effect of Termination or Expiration of the Term. Upon the termination of the Term, this Agreement shall forthwith become void and the Parties shall have no liability or obligation under this Agreement, except that (a) the termination of this Agreement shall not relieve any Party from any expense, liability or other obligation or remedy therefor that has accrued or attached prior to the date of such termination, (b) the provisions of Section 2.4(d), Section 3.5, Article 6, Section 7.3, this Section 8.2, Section 9.1, Article 10 (other than Section 10.4), Section 11.3, Article 15 and Section 17.1 through Section 17.10 shall survive such termination and remain in full force and effect indefinitely and (c) Section 10.4 and Section 17.11 shall survive such termination and remain in full force and effect for the period of time specified in such Sections.
Effect of Termination or Expiration of the Term. Upon the end of the Term (whether pursuant to a termination pursuant to Section 7.1(a), Section 7.1(b) or otherwise), this Agreement shall forthwith become void and the Parties shall have no liability or obligation under this Agreement, except that (a) the termination of this Agreement shall not relieve any Party from any expense, liability or other obligation or remedy therefor which has accrued or attached prior to the date of such termination, and (b) the provisions of Section 13.2 through Section 13.5, and Article 16 (other than Section 16.3), and such portions of Appendix II as are necessary to give effect to the foregoing, shall, in each case, survive such termination and remain in full force and effect indefinitely.
Effect of Termination or Expiration of the Term. (a) Except as set forth in Section 2.04, termination of this Agreement (or expiration of the Term) shall terminate any and all rights and obligations hereunder; provided, however, that the termination of this Agreement shall not relieve a Party of any of its rights or liabilities arising prior to or upon such termination or for POs under execution. The acceptance of any PO from, or the sale or provision of any Product, Spare Part or Service to, Buyer after the termination of this Agreement (or expiration of the Term or, in the case of Spare Parts and Services, the occurrence of the Closing Date) shall not be construed as a renewal or extension hereof, nor as a waiver of termination, but in the absence of a written agreement signed by one of the authorized representatives of Seller, all such transactions shall be governed by provisions identical to the provisions of this Agreement.
(b) Upon the expiration of the Term, Buyer and Seller shall negotiate in good faith to mutually agree upon and enter into a new supply agreement for Product, Spare Parts and Services; provided, that the parties shall have no obligation to enter into such new supply agreement. For the avoidance of doubt, such new supply agreement may have terms and conditions (including with respect to pricing, lead times and inventory) that are different from the terms and conditions contained herein (including in the Seller Standard Terms).
Effect of Termination or Expiration of the Term. Upon the expiration or termination of the Term, this Agreement and the Dedication Agreement shall forthwith become void, and the Parties shall have no further liability or obligation under this Agreement, except that (a) the termination of this Agreement shall not relieve any Party from any expense, liability or other obligation or remedy therefor that has accrued or attached prior to the date of such termination, (b) the provisions of this Section 8.3, Section 10.4, Section 11.3, Article 15 and Article 17 shall survive such termination and remain in full force and effect indefinitely and (c) any covenants of the Parties that are required by their terms to be performed after such termination shall survive until fully performed. Upon termination of the Capacity Lease, Buyer shall invoice, and Producer shall pay pursuant to Article 10, for any costs or expenses (i) paid by Buyer pursuant to the Capacity Lease associated with the removal or sale of line fill or (ii) paid by Buyer to Lessor’s Affiliate associated with the removal or sale of tank heels.
Effect of Termination or Expiration of the Term. 12.1 Upon the termination of this Agreement for any reason whatsoever or the expiration of the Term of this Agreement, or upon the expiration of the Winding-Up Period (as hereinafter defined), if any, the following provisions shall apply:
12.1.1 all rights of Licensee hereunder and all rights of Costco Japan resulting therefrom, including without limitation the right and license to Use the Trademarks, shall cease immediately, and Licensee shall, and shall use its best efforts to cause Costco Japan to, immediately discontinue all Use of the Trademarks subject to Section 12.2; and
12.1.2 all undisputed amounts owing by Licensee to Licensor shall become due and payable within ten (10) business days following receipt of written demand from Licensor therefor.
12.2 In addition, upon the expiration of the Term of this Agreement or the termination of this Agreement for any reason other than pursuant to Section X11.1.5X (arising from a breach of any of Sections X6X, X7X or X9X hereof), X11.1.1X or X11.1.3X hereof, each of Licensee and Costco Japan shall have the right to distribute and sell its remaining inventory of Licensed Products, on a non-exclusive basis, for a period of one hundred eighty (180) days following the date of termination of this Agreement or the expiration of the Term (such one hundred eighty (180) day period being referred to herein as the “Winding-Up Period”) in the ordinary course of business and in strict accordance with the terms of this Agreement and the following provisions:
12.2.1 no later than thirty (30) days prior to the expiration of the Term of this Agreement or within thirty (30) days after such termination of this Agreement, Licensee shall deliver to Licensor a complete and detailed statement (the “Inventory Statement”) setting forth the number and description of the then remaining inventory of Licensed Products, raw materials therefor, work in process and labels therefor destined for the Territory that are owned or controlled by Licensee, and shall use commercially reasonable best efforts to obtain and include such information from Costco Japan (collectively, the “Remaining Inventory”); and
12.2.2 within twenty (20) days following the earlier of: (i) the expiration of the Winding-Up Period, or (ii) the actual liquidation of all Remaining Inventory, Licensee and Costco Japan shall cease Using the Trademarks in the Territory.
12.3 Termination of this Agreement for any reason whatsoever or the expiration of the Term shall not release...
Effect of Termination or Expiration of the Term. Subject to the provisions of Section 4 above, upon termination of this
