Procedures Upon Termination. Upon termination of the LLC, the Member shall proceed with reasonable promptness to liquidate the business of the LLC. After the payment of LLC debts, expenses of liquidation and any loans by the LLC, and after setting up of reasonable reserves for LLC liabilities, the balance of proceeds from liquidation shall be distributed to the Member, and the LLC shall be dissolved in accordance with the law of the State.
Procedures Upon Termination. This contract may be terminated by discretion of the Local Government by providing written notice to be conveyed via certified mail 30 days in advance. Project costs incurred to be paid through the effective termination date.
Procedures Upon Termination. Upon termination of this Agreement as set forth in Section 5.2, the following shall occur:
Procedures Upon Termination. Following a party’s receipt of notice of termination of this agreement, the parties shall immediately cease to market the Program utilizing a party’s marks.
Procedures Upon Termination. 4.1 In the event that this Agreement is terminated for any reason whatsoever, the following procedures shall apply:
4.1.1 Dealer shall immediately, upon demand, return all originals and copies of any program manuals and binders, advertising material and any other information, which Xxxxxx has provided to Dealer pursuant to this Agreement;
4.1.2 Dealer shall cease to hold itself out as a Xxxxxx Factory Authorized Dealer; and
4.1.3 Dealer shall cease use of all Intellectual Property of Xxxxxx and its affiliates.
4.2 In the event that Dealer carries on as a Xxxxxx dealer (other than as a Xxxxxx Factory Authorized Dealer), Dealer shall be permitted to use certain designated Xxxxxx trademarks.
4.3 Sections 4, 5 and 9 shall survive termination of this Agreement.
Procedures Upon Termination. In the event of termination pursuant to this Section 14, written notice shall forthwith be given to the other party or parties, and the Transaction shall be abandoned, without further action by any party hereto; provided, however, that, nothing contained herein shall be construed to prevent any parties hereto from pursuing any remedy available at law or in equity for any breach, violation, default or other failure of performance of any other party hereto prior to Closing.
Procedures Upon Termination. In the event of termination and abandonment by Purchaser or Sellers, or both Parties, pursuant to Section 3.4 hereof, written notice thereof shall forthwith be given to the other Party, and this Agreement, as specified in Section 3.4, shall terminate, and the purchase of the applicable Purchased Assets and the assumption of the applicable Assumed Liabilities hereunder shall be abandoned, without further action by Purchaser or Sellers. If this Agreement is terminated as provided herein each Party shall return if requested all documents, work papers and other material of any other applicable Party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the Party furnishing the same. If this Agreement is terminated pursuant to Sections 3.4(g), or (h), in addition to the return of the Deposit provided in Section 2.2, Sellers shall pay to Purchaser the Bid Protections and the Parties shall have no further obligations to one another except for any obligations that, by their terms, survive the termination of this Agreement, as described in Section 3.6.
Procedures Upon Termination. In the event of termination pursuant to the terms of this Agreement, and except as otherwise stated herein, written notice thereof shall be given to the other party, and this Agreement shall terminate immediately upon receipt of such notice unless an extension is consented to by the party having the right to terminate. If this Agreement is terminated as provided herein: (a) Each party shall return all documents, work papers and other materials of the other party, including photocopies or other duplications thereof, related to the transactions contemplated hereby, whether obtained before or after the execution hereof, to the party furnishing the same; and
(b) All information received by either party hereto with respect to the business of the other party (other than information which is a matter of public knowledge or which has heretofore been published in any publication for public distribution or filed as public information with any governmental authority) shall not at any time be used for any business purpose by such party or disclosed by such party to third persons.
Procedures Upon Termination. A. Should termination occur under Section XIV, AZCOMP will cooperate and provide necessary information to effectuate an electronic transfer of CLIENT’s Data from AZCOMP to another CLIENT designated IT system, or service provider, in a commercially usable format within thirty (30) days prior to the Agreement termination date at no charge.
B. AZCOMP shall have the right to refuse CLIENT's access to any materials, data, or information until payment for all undisputed accrued charges has been made. This remedy shall be in addition to any remedies provided to AZCOMP by law.
C. All CLIENT data and account settings are irrevocably deleted and rendered inaccessible to CLIENT, and when technically practicable, deleted from backup data stores upon account termination.
Procedures Upon Termination. Following any termination of this Agreement in whole or in part, each Party shall provide reasonable cooperation to the other Party in connection with the cessation of the provision of Transition Services hereunder to minimize disruption to the Transferred Products; provided that this Section 5.04 shall not require Service Provider to provide Transition Services beyond the termination of such Transition Service or this Agreement or to incur any unreimbursed costs or expenses. Termination of this Agreement shall not affect any right to payment for Transition Services provided prior to termination.
