Obligations of parties upon termination Sample Clauses

Obligations of parties upon termination. 7.3.1. The DEPARTMENT shall pay and/or reimburse RECIPIENT for services satisfactorily completed in accordance with the terms and conditions outlined herein, subject to any damages sustained by the DEPARTMENT. Upon the effective date of termination, the DEPARTMENT shall have no further obligation to make any payments, other than that which became due prior to the effective date of termination or during the notice period. 7.3.2. The RECIPIENT shall: 7.3.2.1. Stop all work, make no further changes to completed work, and place no further orders related to this AGREEMENT, except that which may be needed to wind-down the contract or may be directed by the DEPARTMENT during the notice period. 7.3.2.2. Furnish notice of termination to any and all immediate subcontractors, suppliers, licensors or partners that may be affected by this termination. 7.3.2.3. Take actions necessary, or that the DEPARTMENT may direct, for the protection and preservation of the work produced under this AGREEMENT. 7.3.2.4. Return and deliver to the DEPARTMENT its property and/or inventoried items in the possession of contractor and/or its employees or subcontractors. 7.3.2.5. Disclose, transfer and assign to the DEPARTMENT all the rights, titles, and interests in licenses, copyrighted or patented work, as well as anything whatsoever constituting intellectual property produced within the subject matter and scope of this AGREEMENT. 7.3.2.6. Not be entitled to recover any cancellation charges or lost profits.
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Obligations of parties upon termination. If pursuant to Section 2.2B (Effect of Delay or Denial of PUC Approval), a Party exercises its right to terminate, this Agreement shall be terminated and null and void and the Parties shall be free of all obligations hereunder, other than as provided under Article 13 (Indemnification), except that if the Seller exercises its right to terminate, then the Seller shall reimburse the Company for its reasonable, documented out-of-pocket costs as provided in Section 2.2.B(2) above.
Obligations of parties upon termination. If pursuant to Section 2.2B, 2.2C, 2.2D, 2.2E, or 2.2G, a party exercises its right to terminate, this Agreement shall be terminated and null and void and the parties hereto shall be free of all obligations hereunder, other than as provided under Article XI, except that if SELLER exercises its right to terminate, then SELLER shall reimburse HELCO for its reasonable, documented out-of-pocket costs in seeking PUC Approval as provided in Article XXII.
Obligations of parties upon termination. Neither ADP’s level of performance nor BFS’ cooperation and payment obligations will be reduced during any Termination Notice Period, unless otherwise agreed pursuant to the procedures contained or referred to in Section 6.
Obligations of parties upon termination. Upon termination of this Agreement for any reason, each Party, with respect to PHI received from the other Party, or created, maintained, or received by the Party on behalf of the other Party, shall:
Obligations of parties upon termination. Upon termination, all licenses granted hereunder shall immediately terminate and each party shall return and make no further use of property, materials and other items (and all copies thereof) belonging to the other party. PAFS may destroy or otherwise dispose of any of Client's data in its possession unless Client furnishes PAFS with reasonable written instruction for return to Client or other disposition not earlier than sixty (60) days prior to the date of expiration or cancellation and not later than ten (10) days thereafter. PAFS shall have no obligation to convert Client's data to be returned to Client into any format other than a PAFS standard format, or such other format as the parties may mutually agree in writing. PAFS shall cooperate with Client in the transfer of Client's data in a readable format and the establishment of a timetable for data transfer. All expenses incurred by PAFS in returning or disposing of Client's data shall be borne by Client at PAFS’ then current Professional Services Rates.
Obligations of parties upon termination. Within thirty (30) days after any termination, MANAGER shall deliver to OWNER the written report required by Section 21 herein for any period not covered by such a report at the time of termination, and within forty-five (45) days after any such termination, MANAGER shall deliver to Owner, as required in Section 21 herein, the financial statement for the fiscal year or portion thereof ending on the date of termination. All deposits and funds in the Operating Account or in MANAGER's possession shall immediately be remitted to OWNER (or, if so directed by OWNER, to MANAGER's replacement). Immediately upon termination of this Agreement for any reason, MANAGER shall deliver to OWNER all records, contacts, leases, receipts for deposits, unpaid bills, a computer printout of all computerized records and all other papers or documents which are in MANAGER's possession or under MANAGER's control and which relate to the Properties.
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Related to Obligations of parties upon termination

  • Obligations Upon Termination Upon termination of this Agreement, either party shall, at the request of the other party, return any document, material, database, equipment, or software containing the Confidential Information to the other party. If, for any reason, such document, material, database, equipment, or software cannot be returned, either party shall destroy all the Confidential Information belonging to the other party and delete such Confidential Information from any memory devices. No party shall be permitted to continue using the Confidential Information in any way after the termination of this Agreement.

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