Common use of Non-Release of Obligations Clause in Contracts

Non-Release of Obligations. The termination of this Agreement shall not release the Parties from their obligations to settle all financial accounts between themselves in cash forthwith. Notwithstanding the termination hereof, each Party shall be responsible for the performance of all of its obligations and responsibilities hereunder up to the effective date of termination. As provided in Article 6, upon termination of this Agreement NTI Trade Secrets shall continue to be kept secret and confidential.

Appears in 3 contracts

Samples: License Agreement, Joint Venture Agreement (Northern Technologies International Corp), License Agreement (Northern Technologies International Corp)

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Non-Release of Obligations. The termination of this Agreement shall not release the Parties from their obligations to settle all financial accounts between themselves in cash forthwith. Notwithstanding the termination hereof, each Party shall be responsible for the performance of all of its obligations and responsibilities hereunder up to the effective date of termination. As provided in Article 65 hereof, upon termination of this Agreement NTI Trade Secrets shall continue to be kept secret and confidential.

Appears in 3 contracts

Samples: Technical Assistance and Marketing Support Agreement, Joint Venture Agreement (Northern Technologies International Corp), Technical Assistance and Marketing Support Agreement (Northern Technologies International Corp)

Non-Release of Obligations. The termination of this Agreement shall not release the Parties from their obligations to settle all financial accounts between themselves in cash forthwith. Notwithstanding the termination hereof, each Party shall be responsible for the performance of all of its obligations and responsibilities hereunder up to the effective date of termination. As provided in Article 65, upon termination of this Agreement Agreement, NTI Trade Secrets shall continue to be kept secret and confidential.

Appears in 1 contract

Samples: Management and Marketing Agreement (Northern Technologies International Corp)

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Non-Release of Obligations. The termination of this Agreement shall not release the Parties from their obligations to settle all financial accounts between themselves in cash forthwith. Notwithstanding the termination hereof, each Party shall be responsible for the performance of all of its obligations and responsibilities hereunder up to the effective date of termination. As provided in Article 6, upon From and after termination of this Agreement Agreement, all Intellectual Property Rights of NTI Trade Secrets shall continue to be kept secret and confidentialconfidential by the other Parties.

Appears in 1 contract

Samples: Technical Improvement and Intellectual Property Development Agreement (Northern Technologies International Corp)

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