OBLIGATION IN EVENT OF TERMINATION Sample Clauses

OBLIGATION IN EVENT OF TERMINATION. A. Upon termination all finished or unfinished documents, data, studies and reports prepared by the Contractor pursuant to this contract shall become the property of the College. B. The College shall promptly pay the Contractor for all services performed to the effective date of termination.
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OBLIGATION IN EVENT OF TERMINATION. Upon termination of this Agreement, for any reason, the following shall apply:
OBLIGATION IN EVENT OF TERMINATION. Upon termination, all finished or unfinished documents, data, studies and reports prepared by the Contractor pursuant to this Contract, including all copies thereof in the possession of the Contractor, shall be promptly remitted to the College together with all documents in his/her/its possession supplied to him by the College for any purpose in connection with the making or performance of this Agreement. Subject to limitation, the College shall promptly pay the Contractor for all services performed to the effective date of termination. CERTIFICATIONS: Contractor certifies compliance with all applicable state and federal employment laws and regulations, and all applicable federal and state laws and regulations prohibiting discrimination. CONFLICT OF INTEREST: No officer or employee of the Commonwealth shall participate in any decision relating to this Contract which affects his/her personal interest or the interest of any corporation, partnership, or association in which he/she is directly or indirectly interested; and no officer or employee of the Commonwealth shall have any interest, direct or indirect, in this Contract or in the proceeds thereof. The purpose of this clause is to ensure that officers or employees of the Commonwealth who are in a position to approve this contract on behalf of the College, do not experience a personal gain by entering into any contract which directly affects them.
OBLIGATION IN EVENT OF TERMINATION. (i) Upon termination, all finished or unfinished documents, data, studies and reports prepared by the vendor pursuant to this Contract, including all copies in the possession of the successful bidder, shall be promptly remitted to the College together with all documents in its possession supplied to the successful bidder by the College for any purpose in connection with the making or performance of this agreement, the vendor shall promptly pay the College for commissions owed to the College to the effective date of termination.

Related to OBLIGATION IN EVENT OF TERMINATION

  • Events of Termination Subject to Section 6.4 below, this Agreement will terminate as to a Fund:

  • Default Termination a. In the event that the Property has been sold contrary to or any person bids in contravention of the provisions in Clause 4 above, then such sale shall be cancelled and become null and void and of no further effect wherein all monies paid by the Purchaser hitherto including the Deposit shall be forfeited absolutely and immediately.

  • Right of Termination This Agreement may be terminated at any time at or prior to the Closing:

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

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