Obligations upon Early Termination Sample Clauses
The 'Obligations upon Early Termination' clause defines the responsibilities and actions that parties must undertake if the contract ends before its scheduled completion. Typically, this clause outlines requirements such as the return of confidential information, payment of outstanding amounts, or the cessation of services and deliverables. Its core function is to ensure a clear and orderly process for winding down the contractual relationship, minimizing disputes and protecting the interests of both parties in the event of an early exit.
Obligations upon Early Termination. 20.1 In the event of termination of this Agreement by Onconova in accordance with Section 19.2, 19.3, 19.4 or 19.5 or by SymBio under Section 19.1,
i) all Licensed Rights shall revert to Onconova without any compensation to be paid by Onconova;
ii) SymBio shall return to Onconova any and all Onconova Information;
iii) SymBio shall transfer to Onconova or its nominee any and all Marketing Approvals and all other filings and submissions with and to Regulatory Authorities with respect to the Licensed Product. To this end SymBio shall make Commercially Reasonable Efforts to file for transfer with the relevant Regulatory Authorities and to give all other notifications and approvals necessary under law for the transfer of Marketing Approvals and such other filings and submissions;
iv) SymBio shall grant to Onconova a worldwide, fully-paid, royalty-free license, with the right to sublicense, to use the SymBio Trademarks (including, without limitation, the goodwill symbolized by such SymBio Trademarks) used to brand the Licensed Product, and a license to reproduce, distribute, perform, display and prepare derivative works of SymBio’s copyrights used to brand or promote the Licensed Product, in each case solely to the extent necessary or useful for commercializing the Licensed Product;
v) The licenses granted by SymBio to Onconova pursuant to Section 2.2 and other provisions of this Agreement shall continue in effect in addition to those sections that also survive pursuant to Section 18.3;
vi) SymBio shall furnish Onconova with reasonable cooperation, at SymBio’s expense, to assure a smooth transition of any clinical or other studies in progress related to the Compound or Licensed Products which Onconova determines to continue in compliance with applicable Laws and ethical guidelines applicable to the transfer or termination of any such studies. In the event that Onconova informs SymBio that it does not intend to continue specific development activities then in progress, costs incurred in closing out such activities shall be borne by SymBio; and
vii) SymBio shall not withdraw or cancel any Marketing Approval or Drug Approval Application, unless expressly instructed so by Onconova in writing.
20.2 In the event of termination of this Agreement by SymBio in accordance with Sections 19.2, 19.3 or 19.4:
i) The Licensed Rights under Section 2.1 shall survive subject to all payment obligation under Articles 14 and 15, provided, however that SymBio may defer the payment of...
Obligations upon Early Termination. 15.3.1. In the event of termination of this Agreement by either Party in accordance with Section 15.2:
(a) all Licensed Rights shall revert to Onconova without any compensation to be paid by Onconova;
(b) ▇▇▇▇▇▇ shall promptly return to Onconova any and all Onconova Information;
Obligations upon Early Termination a. Upon such notice of early termination, Agency will cease the provision of services except as may be required to end activities underway and provide final accounting as called for in Section 11.3 of this Agreement. Agency will provide Family notice of any fees or costs remaining due.
b. Family will pay the costs of any adoption activities by Agency or Foreign Representatives commissioned and underway prior to date of termination notice, and reimburse Agency for any costs incurred but not paid for.
c. Agency will provide any refunds due to Family pursuant to Section 11.6 of this Agreement at or before final accounting.
Obligations upon Early Termination a. Upon such notice by Family of early termination, Agency will cease the provision of services except as may be required to end activities underway and provide final accounting as called for in Section 11.3 of this Agreement. Agency will provide Family notice of any fees or costs remaining due.
b. In accordance with Accreditation Standards, Agency has a plan for Case Transfers in the event the Agency can no longer provide Primary Provider Services.
c. If Agency withdraws recommendation of the Prospective Adoptive Parents for adoption, Agency will notify Family and Home Study Preparer of the intent and reasons for withdrawal in writing. After informing Family, Agency will further notify USCIS of the withdrawal of its recommendation and/or approval of the family and the reasons for withdrawal.
d. Family will pay the costs of any adoption activities by Agency or Foreign Supervised Providers commissioned and underway prior to date of termination notice and reimburse Agency for any costs incurred but not paid for.
e. Agency will provide any refunds due to Family pursuant to Section 11.6 of this Agreement within 60 days of termination of services.
f. Family understands that when their file is closed, for any reason, any subsequent services will be billed at the new current rate.
g. Agency maintains written records of Family’s reason for early termination.
Obligations upon Early Termination a. Upon such notice of early termination, Agency will cease the provision of services except as may be required to end activities underway and provide final accounting as called for in Section 11.3 of this Agreement. Agency will provide Family notice of any fees or costs remaining due.
b. In accordance with Accreditation Standards, Agency has a plan for Case Transfers in the event the Agency can no longer provide Primary Provider Services.
c. Family will pay the costs of any adoption activities by Agency or Foreign Supervised Providers commissioned and underway prior to date of termination notice and reimburse Agency for any costs incurred but not paid for.
d. Agency will provide any refunds due to Family pursuant to Section 11.6 of this Agreement within 60 days of termination of services.
e. Family understands that when their file is closed, for any reason, any subsequent services will be billed at the new current rate.
Obligations upon Early Termination. (a) Per Section 7.1, during the initial one (1) year period following the Effective Date (i.e., between February 7, 2016 and 11:59 p.m. on February 6, 2017), the Company may not terminate Executive’s employment for any reason other than pursuant to Section 7.2, 7.3, or 7.4. Should the Company terminate Executive’s employment for the reasons set forth in Section 7.2, 7.3 or 7.4 during this initial one (1) year period or during any successive term of this Agreement, the Company shall have no obligation to provide Executive with any form of severance or any other benefits, except as may be required by COBRA.
(b) In the event this Agreement renews for any successive one (1) year period(s) after February 6, 2017, and the Company terminates the Executive’s employment for a reason other than pursuant to Section 7.2, 7.3, or 7.4 during such term, the Company shall be obligated as follows:
(i) to pay Executive a lump sum severance amount equal to one (1) times Executive’s Base Compensation, subject to legally required withholding requirements, within thirty (30) days following the date of termination, provided the Executive executes a release of claims against the Company in a form suggested by the Company and agrees to cooperate with the Company in connection with any matters pertaining to the transition resulting from the termination of Executive’s employment, if so requested by the Company; and
(ii) subject to Executive’s entitlement to receive COBRA and Executive’s timely election of continuation coverage, pay for the Executive’s premiums charged to continue medical and dental coverage pursuant to COBRA for the Executive during the 12 month period commencing with continuation coverage for the month following the month in which the date of termination occurs, provided, that if Executive is not eligible to receive, or if the Company is not able to provide, continuation coverage under COBRA for any month during the continuation period, the Company shall pay the Executive a monthly cash payment equal to its portion of the applicable COBRA premiums on an after-tax basis (with such payment to be made in the same month for which the continuation coverage was otherwise to be provided), and further provided that in the event the Executive becomes reemployed with another employer and becomes eligible to receive medical and dental benefits from such employer during any month in the 12 month continuation period provided for by this paragraph, the Company shall have no obli...
Obligations upon Early Termination. Upon the early termination of this Agreement for any reason, Contractor shall reimburse TFGH all unexpended Funds except non-cancelable obligations incurred by Contractor and authorized by TFGH in performance of the Project up through the date of termination. TFGH shall pay Contractor for all satisfactorily performed work completed prior to receipt of notice of termination and reimburse Contractor for non-cancellable obligations properly incurred prior to receipt of notice of termination within thirty days of receipt of an Invoice in the form prescribed by ▇▇▇▇▇ ▇.
Obligations upon Early Termination. 1Early Termination by Novan; Termination for Convenience by Sa▇▇. In the event of termination of this Agreement by Novan in accordance with Sections 19.2, 19.3, 19.4 or 19.5 or by Sa▇▇ ▇nder Section 19.1:
Obligations upon Early Termination