Common use of Obligations after termination or expiration Clause in Contracts

Obligations after termination or expiration. After the expiration or termination for any reason, including the sale of the Franchised Business or a majority of its assets, you must comply with all the following obligations: (a) immediately pay all amounts owed under this Agreement and all Collateral Agreements; and, (b) immediately pay all money due and owing to third parties in connection with the Franchised Business; and, (c) return to us without retaining any copies, the originals and all copies of all trade secret, confidential and proprietary materials as defined in paragraph 12.3 and provide access to us or our designee to remove all copies of any such items from your offices, hard drive and to delete them from any other computer data storage media; and, (d) return to us or destroy at your expense and according to our direction, all literature, sign facings, unused advertising materials bearing the Marks; and, (e) stop all use of our Marks and any colorable imitation of them in any business; and, (f) notify the telephone company and all listing agencies and advertising directories where the numbers are listed, that you no longer have the right to use any telephone numbers, listings, and advertisements used with our Marks, authorize on appropriate documents the transfer of all such telephone numbers, listings and advertisements to us or our designee, and deliver to us a copy of such documents of transfer; and, (g) immediately cease identifying yourself as a present or former Xxxxxxx Xxxxxx Franchisee or franchise owner; and, (h) comply with the post-term covenants found in paragraph 18 of this Agreement, and with any other covenant that requires your performance after you are no longer our Franchisee; and, (i) cancel all fictitious or assumed name filings; and, (j) return to us or our designee on demand, at your sole expense, all leased equipment from any leasing program we or our affiliates arrange or sponsor, with such equipment in good working condition with all its databases and software installed and operational.

Appears in 3 contracts

Samples: Franchise Agreement, Franchise Agreement, Franchise Agreement (Jackson Hewitt Tax Service Inc)

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Obligations after termination or expiration. After the expiration or termination for any reason, including the sale of the Franchised Business or a majority of its assets, you must comply with all the following obligations: (a) immediately pay all amounts owed under this Agreement and all Collateral Agreements; and, (b) immediately pay all money due and owing to third parties in connection with the Franchised Business; and, (c) return to us without retaining any copies, the originals and all copies of all trade secret, confidential and proprietary materials as defined in paragraph 12.3 and provide access to us or our designee to remove all copies of any such items from your offices, hard drive and to delete them from any other computer data storage media; and, (d) return to us or destroy at your expense and according to our direction, all literature, sign facings, unused advertising materials bearing the Marks; and, (e) stop all use of our Marks and any colorable imitation of them in any business; and, (f) notify the telephone company and all listing agencies and advertising directories where the numbers are listed, that you no longer have the right to use any telephone numbers, listings, and advertisements used with our Marks, authorize on appropriate documents the transfer of all such telephone numbers, listings and advertisements to us or our designee, and deliver to us a copy of such documents of transfer; and, (g) immediately cease identifying yourself as a present or former Xxxxxxx Xxxxxx Jxxxxxx Hxxxxx Franchisee or franchise owner; and, (h) comply with the post-term covenants found in paragraph 18 of this Agreement, and with any other covenant that requires your performance after you are no longer our Franchisee; and, (i) cancel all fictitious or assumed name filings; and, (j) return to us or our designee on demand, at your sole expense, all leased equipment from any leasing program we or our affiliates arrange or sponsor, with such equipment in good working condition with all its databases and software installed and operational.

Appears in 1 contract

Samples: Franchise Agreement (Jackson Hewitt Tax Service Inc)

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