EFFECT OF TERMINATION & POST TERMINATION Sample Clauses

EFFECT OF TERMINATION & POST TERMINATION. Upon expiration or termination of this Agreement or an Order for any reason: (i) any amounts owed to NetBrain under this Agreement prior to such expiration or termination shall be immediately due and payable; (ii) all License rights granted in this Agreement shall immediately terminate; (iii) Customer, its Affiliates, and any third party agents must promptly discontinue use of the Programs and Documentation, and erase all copies thereof from their computers and systems; (iv) Customer, its Affiliates, and any third party agents will destroy all copies of the Programs, Documentation and any NetBrain Confidential Information in their possession or control, and certify in writing to NetBrain that each has fully complied with these requirements; and (v) if this Agreement is terminated due to Customer’s uncured breach or cancelled early by Customer for any reason, Customer shall pay NetBrain, as a cancellation fee and not as a penalty, an amount equal to the sum of any unpaid fees for the remainder of the Initial Subscription Period or the then-current Renewal Period (as applicable) for any and all so terminated Order(s).
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EFFECT OF TERMINATION & POST TERMINATION. 12.1 Cessation of Privileges; Accounting; Right of Set-Off. Upon termination of this Agreement:
EFFECT OF TERMINATION & POST TERMINATION 

Related to EFFECT OF TERMINATION & POST TERMINATION

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

  • 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; 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 for Cause If Employee's employment is terminated "For Cause":

  • 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 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 of Service Except as otherwise provided in accordance with Section 4(b) above, if you cease to be a Service Provider, you will forfeit all unvested Units.

  • Effect of Termination Without Cause If Employee's employment is terminated "Without Cause":

  • 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.

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