Events Upon Termination. Upon the expiration, termination or cancellation of the Agreement, MGI and VONS will each assist the other party in an orderly conclusion hereof and the transfer of all assets herein described, tangible or intangible, as may be necessary for the orderly, non-disruptive business continuation of MGI and VONS. Upon the expiration, termination or cancellation of this Agreement, MGI shall remove all Gaming Devices, all Incidental Equipment and all of its other property from each Store as provided in Section 3.9, above, with all costs for removal of Gaming Devices, Incidental Equipment and any other property of MGI and any site restoration to be paid as follows: (a) In the event of an expiration of the Agreement at the end of the Initial Term or any Renewal Term, MGI shall bear all costs and expenses for the removal of all Gaming Devices, Incidental Equipment and other property of MGI, and VONS shall bear all costs and expenses for site restoration except to the extent that any repairs to any Licensed Premises or Store are necessitated as a result of the negligence or willful misconduct of MGI or its contractors; (b) Upon a cancellation based upon a Default of the Agreement, the party in Default shall be liable for any and all costs and expenses for removal of all Gaming Devices, Incidental Equipment and other property of MGI and site restoration; (c) Upon a termination not based upon a Default of the Agreement, the party initiating the termination shall be liable for any and all costs and expenses for removal of all Gaming Devices, Incidental Equipment and other property of MGI and site restoration.
Appears in 4 contracts
Samples: Gaming Devices License Agreement (Herbst Gaming Inc), Gaming Devices License Agreement (Herbst Gaming Inc), Gaming Devices License Agreement (Herbst Gaming Inc)
Events Upon Termination. Upon the expiration, termination or cancellation of the Agreement, MGI and VONS SAFEWAY will each assist the other party in an orderly conclusion hereof and the transfer of all assets herein described, tangible or intangible, as may be necessary for the orderly, non-disruptive business continuation of MGI and VONSSAFEWAY. Upon the expiration, termination or cancellation of this Agreement, MGI shall remove all Gaming Devices, all Incidental Equipment and all of its other property from each Store as provided in Section 3.9, above, with all costs for removal of Gaming Devices, Incidental Equipment and any other property of MGI and any site restoration to be paid as follows:
(a) In the event of an expiration of the Agreement at the end of the Initial Term or any Renewal Term, MGI shall bear all costs and expenses for the removal of all Gaming Devices, Incidental Equipment and other property of MGI, and VONS SAFEWAY shall bear all costs and expenses for site restoration except to the extent that any repairs to any Licensed Premises or Store are necessitated as a result of the negligence or willful misconduct of MGI or its contractors;
(b) Upon a cancellation based upon a Default of the Agreement, the party in Default shall be liable for any and all costs and expenses for removal of all Gaming Devices, Incidental Equipment and other property of MGI and site restoration;
(c) Upon a termination not based upon a Default of the Agreement, the party initiating the termination shall be liable for any and all costs and expenses for removal of all Gaming Devices, Incidental Equipment and other property of MGI and site restoration.
Appears in 2 contracts
Samples: Gaming Devices License Agreement (Herbst Gaming Inc), Gaming Devices License Agreement (Herbst Gaming Inc)
Events Upon Termination. Upon the expiration, termination or cancellation of the AgreementAgrement, MGI ETT and VONS TERRIBLE XXXXXX will each assist the other party in an orderly conclusion hereof and the transfer of all assets herein described, tangible or intangible, as may be necessary for the orderly, non-disruptive business continuation of MGI ETT and VONSTERRIBLE XXXXXX. Upon the expiration, termination or cancellation of this Agreement, MGI ETT shall remove all Gaming Devices, all Incidental Equipment and all of its other property from each Store as provided in Section 3.9, above, with all costs for removal of Gaming Devices, Incidental Equipment and any other property of MGI ETT and any site restoration to be paid as follows:
(a) In the event of an expiration of the Agreement at the end of the Initial Term or any Renewal Term, MGI ETT shall bear all costs and expenses for the removal of all Gaming Devices, Incidental Equipment and other property of MGIETT, and VONS TERRIBLE XXXXXX shall bear all costs and expenses for site restoration except to the extent that any repairs to any Licensed Premises or Store are necessitated as a result of the negligence or willful misconduct of MGI ETT or its contractors;
(b) Upon a cancellation based upon a Default of the Agreement, the party in Default shall be liable for any and all costs and expenses for removal of all Gaming Devices, Incidental Equipment and other property of MGI ETT and site restoration;
(c) Upon a termination not based upon a Default of the Agreement, the party initiating the termination shall be liable for any and all costs and expenses for removal of all Gaming Devices, Incidental Equipment and other property of MGI ETT and site restoration.
Appears in 2 contracts
Samples: Gaming Devices License Agreement (Herbst Gaming Inc), Gaming Devices License Agreement (Herbst Gaming Inc)