Common use of Procedures Upon Termination Clause in Contracts

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. 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 will return all documents, work papers and other materials of the other party, including photocopies or other duplications thereof, related relating to the transactions contemplated herebythis transaction, whether obtained before or after the execution hereof, to the party furnishing the same; and (b) All information received by either party hereto thereto with respect to the business of the other party (other than information which that is a matter of public knowledge or which that has heretofore been published in any publication for public distribution or filed as public information with any governmental authorityauthority or as required by law) 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. 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: In addition: (a) Each party shall will return to the party furnishing the same or destroy all documents, work papers and other materials of the other party, including photocopies or other duplications thereof, related relating to the transactions contemplated herebyTransaction, 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 that is a matter of public knowledge or which that has heretofore been published in any publication for public distribution or filed as public information with any governmental authorityauthority or as required by law) 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. 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 will return all documents, work papers and other materials of the other party, including photocopies or other duplications thereof, related relating to the transactions contemplated herebythis transaction, whether obtained before or after the execution hereof, to the party furnishing the same; and (b) All information received by either party hereto thereto with respect to the business of the other party (other than information which that is a matter of public knowledge or which that 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.