Common use of Refund or Payment upon Termination Clause in Contracts

Refund or Payment upon Termination. Upon any termination for cause by Customer, Adverity shall refund Customer any prepaid fees covering the remainder of the Term after the Effective Date of termination. Upon any termination for cause by Adverity, Customer shall pay any unpaid fees covering the remainder of the term of all Commercial Agreements after the Effective Date of termination. In no event shall any termination relieve Customer of the obligation to pay any fees payable to Adverity for the period prior to the Effective Date of termination.

Refund or Payment upon Termination. Upon any termination for cause by Customer, Adverity Provider shall refund Customer any prepaid fees covering the remainder of the Term after the Effective Date effective date of termination. Upon any termination for cause by AdverityProvide or termination without cause by Customer, Customer shall pay any unpaid fees covering the remainder of the term of all Commercial Agreements Professional Services after the Effective Date effective date of termination. In no event shall any termination relieve Customer of the obligation to pay any fees payable to Adverity Provider for the period prior to the Effective Date effective date of termination.