EFFECTS/OBLIGATIONS UPON TERMINATION Sample Clauses

EFFECTS/OBLIGATIONS UPON TERMINATION. 17.1 Upon termination or expiration of this agreement, all rights granted hereunder to Chuangrun shall forthwith terminate, and Chuangrun shall observe and perform the following: 17.1.1 Chuangrun shall immediately cease to operate the Business and shall not thereafter, directly or indirectly, represent to the public or hold itself out to have any business relation with Actionview. 17.1.2 Chuangrun shall allow, and procure all relevant third parties to allow, Actionview to have access to the Premises and remove all Display Units within 30 days. The costs of removal and transportation of Display Units from Premises shall be borne by Actionview. 17.1.3 Chuangrun shall immediately and permanently cease to use, in any manner whatsoever, any format, confidential methods, programs, procedures and techniques associated with the Display System, the Trade Names/Trade Marks and any other Proprietary Rights. In particular, Chuangrun shall cease to use, without limitation, all advertising materials or promotional displays, uniforms, stationery, forms and any other articles which display the Trade Marks/Trade Names. 17.1.4 Chuangrun shall promptly pay a) Actionview’s share in all amounts receivable from advertisers and other users of Display Units (whether actually received by Chuangrun in its account or not) up to the date of termination or expiration of this agreement; and b) All other sums due and payable to Actionview. 17.1.5 Chuangrun shall immediately return Display Units which are not installed at Premises and all unused spare parts to Actionview. The transportation costs thereof shall be borne by Actionview. 17.1.6 Chuangrun shall immediately return to Actionview all copies of all proprietary materials delivered by Actionview to Chuangrun under this agreement, including the Manual, all records, files, instructions, correspondence, brochures, agreements, disclosure statements and any material bearing Confidential Information any and all other materials provided on loan and relating to the operation of the Business in Chuangrun's possession (in each case in whatsoever media or format the same shall be recorded), and all copies thereof (all of which are acknowledged to be Actionview's property), and shall retain no copy or record of any of the foregoing excepting only Chuangrun’s copy of this agreement, any correspondence between the parties and any other documents which Chuangrun reasonably needs for compliance with any provision of law. All costs of delivering al...