Post Termination Provisions. 1. If this Charter is not renewed or is terminated, the School shall be responsible for all the debts of the School. The District shall not assume the debt from any contract for services including lease or rental agreements, made between the School and a third party, except for a debt previously detailed and agreed upon, in writing, by both the Sponsor and the Governing Board and that may not reasonably be assumed to have been satisfied by the Sponsor.
2. In the event of termination or non-renewal of this Charter, any and all leases existing between the District and the School shall be automatically cancelled, unless the lease provides otherwise. In no event shall the District be responsible under any assignment of a lease for any debts or obligations of the School incurred prior to such assignment.
3. In the event of termination or non-renewal, any students enrolled at the School may be enrolled at their home District school, or any other school, consistent with the District’s student transfer procedures including transfer of all student records to the receiving school. All assets of the School purchased with public funds, including supplies, furniture and equipment, will revert to full ownership of the Sponsor (subject to any lawful liens or encumbrances) or as otherwise provided by law. Any unencumbered public funds from the School, property and improvements of the Sponsor, furnishings, and equipment purchased with public funds, or financial or other records pertaining to the School, in the possession of any person, entity, or holding company, other than the School, shall be held in trust upon the Sponsor's request, until any appeal is resolved. If the School’s accounting records fail to clearly establish whether a particular asset was purchased with public funds, then it shall be presumed public funds were utilized and ownership of the asset shall automatically revert to the Sponsor.
Post Termination Provisions. In the event that the Charter expires or is terminated (other than immediate termination) or non-renewed by the Sponsor, the disposition of financial and operational records, student records, property and assets, debts and leases shall be in accordance with the provisions of this Charter and applicable law.
Post Termination Provisions. Upon the termination of this Agreement for any reason:
14.1 any sum owing by either Party to the other Party under any of the provisions of this Agreement shall become immediately due and payable;
14.2 any rights or obligations to which any of the Parties to this Agreement may be entitled or be subject before its termination shall remain in full force and effect where they are expressly stated to survive such termination;
14.3 termination shall not affect or prejudice any right to damages or other remedy which the terminating Party may have in respect of the event giving rise to the termination or any other right to damages or other remedy which either Party may have in respect of any breach of this Agreement which existed at or before the date of termination;
14.4 subject as provided in this Clause 13, and except in respect of any accrued rights, neither Party shall be under any further obligation to the other;
14.5 the Service Provider shall forthwith remove any and all information belonging to and pertaining to the Client from its computer systems; and
14.6 each Party shall (except to the extent referred to in Clause 11) forthwith cease to use, either directly or indirectly, any Confidential Information, and shall forthwith return to the other Party any documents in its possession or control which contain or record any Confidential Information.
Post Termination Provisions. 1. If this Charter is not renewed or is terminated, the School shall be responsible for all the debts of the School. The Sponsor shall not assume the debt from any contract for services including lease or rental agreements, made between the School and a third party, except for a debt previously detailed and agreed upon, in writing, by both the Sponsor and the Governing Board and that may not reasonably be assumed to have been satisfied by the Sponsor.
2. In the event of termination or non-renewal of this Charter, any and all leases existing between the Sponsor and the School shall be automatically cancelled, unless the lease provides otherwise. However, it is agreed that the Sponsor shall have, for a period of thirty (30) days subsequent to a termination or non-renewal, the first right to refusal to secure the lease on, or to purchase or possess the facilities used as the School’s site. The School agrees that any lease obtained by the School with any third person shall include a provision that will grant the Sponsor such a right of first refusal. In no event shall the Sponsor be responsible under any assignment of a lease for any debts or obligations of the School incurred prior to such assignment.
3. In the event of termination or non-renewal any students enrolled at the School may be enrolled at their home District school, or another school, consistent with the Sponsor’s student transfer procedures including transfer of all student records to the receiving school. All assets of the School purchased with public funds, including supplies, furniture and equipment, will revert to full ownership of the Sponsor (subject to any lawful liens or encumbrances) or as otherwise provided by law. Any unencumbered public funds from the charter school, district school board property and improvements, furnishings, and equipment purchased with public funds, or financial or other records pertaining to the School, in the possession of any person, entity, or holding company, other than the School, shall be held in trust upon the Sponsor’s request, until any appeal is resolved. If the School’s accounting records fail to clearly establish whether a particular asset was purchased with public funds, then it shall be presumed public funds were utilized and ownership of the asset shall automatically revert to the Sponsor. Property and assets purchased with public funds shall be defined as all property, whether real or personal, purchased with grants and funds provided by a governm...
Post Termination Provisions. 1. The nonrenewal or termination of this PBA must comply with the requirements of Section 1002.33(8), Florida Statutes. If this PBA is not renewed or is terminated, the School shall be responsible for all the debts of the School. The District shall not assume the debt from any contract for services including lease or rental agreements, made between the School and a third party, except for a debt previously detailed and agreed upon, in writing, by both the District and the Governing Board and that may not reasonably be assumed to have been satisfied by the District.
2. In the event of termination or non-renewal of this charter, any and all leases existing between the District and the School shall be automatically cancelled, unless the lease provides otherwise. In no event shall the District be responsible under any assignment of a lease for any debts or obligations of the School incurred prior to such assignment.
3. In the event of termination or non-renewal any students enrolled at the School may be enrolled at their home District school, or any another school, consistent with the District’s student transfer procedures including transfer of all student records to the receiving school.
4. All assets of the School purchased with public funds, including supplies, furniture and equipment, will revert to full ownership of the District (subject to any lawful liens or encumbrances) or as otherwise provided by law. Any unencumbered public funds shall revert to the district or department, as appropriate. Any unencumbered public funds from the charter school, district school board property and improvements, furnishings, and equipment purchased with public funds, or financial or other records pertaining to the School, in the possession of any person, entity, or holding company, other than the charter school, shall be held in trust upon the District’s request, until any appeal is resolved. If the School’s accounting records fail to clearly establish whether a particular asset was purchased with public funds, then it shall be presumed public funds were utilized and ownership of the asset shall automatically revert to the District.
Post Termination Provisions. 14.1 The Appointee acknowledges that he is likely in the course of his employment to obtain knowledge of trade secrets, know-how, business information and other confidential information relating to the Company Business (as defined below) and the business of the Group Companies and their customers and suppliers and the Appointee agrees, in order to protect the Confidential Information, corporate contacts, trade secrets and business connections of the Group, that he will not on his own behalf or on behalf of any other person, partnership, firm or company, directly or indirectly:
(a) either in contemplation of the termination of his employment or during the period of six (6) months following the End Date, be engaged in or concerned or interested in any business which competes with or is preparing to compete with the Company Business, provided that nothing in this clause will prevent the Appointee from directly or indirectly holding for investment purposes only not more than 1% in nominal value of any class of securities of any company quoted and/or dealt in on any recognised securities exchange;
(b) either in contemplation of the termination of his employment or during the period of six (6) months following the End Date, canvass or solicit or endeavour to canvass or solicit away from the Company, the custom, order or business of any person, partnership, firm or company which is or was at any time during the twelve months prior to the End Date a customer of the Company or any Group Company, or a prospective customer with which the Company or any Group Company was in advanced negotiations, with whom or which the Appointee had significant business contact or dealings in the course of his employment during that twelve-month period immediately prior to the End Date or in relation to whose requirements the Appointee had Confidential Information of a material kind on the End Date;
(c) either in contemplation of the termination of his employment or during the period of six (6) months following the End Date, interfere or seek to interfere with the supply to the Company or any Group Company of any goods or services by any supplier who, during the twelve months preceding the End Date, supplied goods or services to the Company or such Group Company, nor will the Appointee interfere or seek to interfere with the continuance of such supply or the terms on which such supply has during such period as stated above been made;
(d) either in contemplation of the termination of h...
Post Termination Provisions. In the event of any termination of the entire Agreement, then (a) the provisions of Sections 3, 5.3, 6, 7, and 9 shall survive as necessary to effectuate their purposes and shall bind the parties and their legal representatives, successors, and assigns, and (b) Customer licenses and Reseller agreements then existing by virtue of rights exercised prior to the effective date of termination under this Agreement and any royalty obligations of PSW with respect thereto shall survive and continue.
Post Termination Provisions. Any provision of this Agreement which contemplates or is capable of operation after the termination of the Appointment shall apply notwithstanding termination of the Appointment for whatever reason.
Post Termination Provisions. Any provision of this Agreement which contemplates or is capable of operation after termination of the Employment Employment Agreement -------------------- Xxxx Xxxxxx Page 12 shall apply, notwithstanding termination of the Employment for whatever reason.
Post Termination Provisions. 13.1 Upon the termination, or expiry, of this Framework Agreement the following provisions will apply:
13.1.1 within 14 days of such termination, or expiry, the Supplier will provide a list of “live” Contracts which continue to survive until a date after the expiry, or termination, of this Framework Agreement. Such list must contain the end date of the relevant Contracts;
13.1.2 the Supplier will enter into reasonable and commercial discussions with PFP to try and achieve a lump sum settlement of the financial obligations that continue to exist as referred to in clause 13.1.1 above;
13.1.3 the Supplier will immediately cease to confirm in any manner that it is associated with PFP or PFP;
13.1.4 the Supplier will continue to pay the Contract Management Fee, unless this is compromised by way of a lump sum payment, in accordance with clause 13.1.2;
