Requirements Upon Termination Clause Samples
The "Requirements Upon Termination" clause outlines the specific actions and obligations that parties must fulfill when a contract ends, whether by expiration or early termination. Typically, this clause details steps such as returning confidential information, settling outstanding payments, discontinuing use of proprietary materials, or completing final deliverables. Its core practical function is to ensure a smooth and orderly transition at the end of the contractual relationship, minimizing disputes and clarifying each party’s responsibilities during the wind-down process.
Requirements Upon Termination. Upon termination of this Agreement:
a) Lessee must vacate the Premises and deliver same to County in good order and condition.
b) Lessee must, at its own cost, remove all aircraft from the Premises. If the termination was for any reason other than the expiration of the term of this Agreement, Lessee must remove all aircraft within 30 calendar days of the termination. If Lessee does not timely remove all aircraft, all remaining aircraft may be removed by County and moved to any other place on the Airport without liability for damage to the aircraft or other property that may result from such removal. All cost of moving the aircraft must be paid by Lessee. Once moved to another location on the Airport, Lessee must remove all aircraft from the Airport within three days of their removal from the Premises. If, after such time, all aircraft are not removed from the Airport, County may commence lien sale proceedings as provided by law. This subsection will survive the termination of this Agreement.
c) Lessee must also, at its own cost, remove all personal property of any kind, other than aircraft, owned or placed on the Premises by Lessee, along with all debris, surplus, and salvage material. If Lessee does not remove, or has not completed removal of, all personal property within seven days after the termination, title to any remaining personal property will vest in County as provided by law. County may thereafter remove or cause to be removed or destroyed, such personal property left on the Premises, and in such event, Lessee must pay County the reasonable and actual cost of any such removal, sale, or destruction in excess of any consideration received by County as a result of any such removal, sale, or destruction. This subsection will survive the termination of this Agreement.
d) Lessee must, no later than 30 days before the expiration of the term of this Agreement, provide County written notice of its intent to either negotiate a new lease with the Department of Airports, remove the Hangar, or transfer ownership of the Hangar, except that no New Hangar may be removed or transferred except as authorized in writing by County, as provided elsewhere in this Agreement.
e) If the termination was for any reason other than the expiration of the term of this Agreement, if the Hangar is not a New Hangar, and if the Hangar is not otherwise transferred, Lessee must, at its own cost, within 90 calendar days of the termination, remove or transfer ownership of the Hangar, i...
Requirements Upon Termination. Upon termination, Consultant shall: (1) promptly discontinue all services, cancel as many outstanding obligations as possible, and not incur any new obligations, unless the City directs otherwise; and (2) promptly deliver to City all data, drawings, reports, summaries, and such other information and materials as may have been generated or used by Consultant in performing this Agreement, whether completed or in process, in the form specified by City.
Requirements Upon Termination. Upon termination, the Contractor shall promptly discontinue all services, cancel as many outstanding obligations as possible if requested to do so by the City, and not incur any new obligations, unless the City directs otherwise.
Requirements Upon Termination. If a Certificate or Restricted Certificate is terminated for any reason, (i) Vendor shall immediately cease any publicity or advertising regarding the Certificate or Restricted Certificate permitted under this Section A.2, and (ii) Vendor shall take reasonable steps to insure that its clients and customers cease publicity not in conformance with the Certificate or Restricted Certificate and the Agreement.
Requirements Upon Termination. In addition to the requirements contained in Section 18.3.2 of the Agreement, (i) in the event that less than all disbursements of a multi-disbursement Loan have been made prior to the date of termination, the remaining disbursement(s) will also be made pursuant to the terms of this Agreement, (ii) Loan Applications will no longer be accepted by FMER as of the termination date, (iii) any legal commitments already made to Borrowers shall be fulfilled and all Applications received for a credit inquiry prior to termination shall be processed through denial or final disbursement.
Requirements Upon Termination. As of the effective date of termination of this Agreement, FMER shall (i) cease accepting new applications for Loans and (ii) unless otherwise agreed by the Parties in writing, process all Applications received prior to the effective date of termination through disbursement or denial. In addition, upon the termination of this Agreement for any reason:
(A) FMC shall make a final Participation Account Deposit in the Participation Account pursuant to Section 7.1.3 and shall thereafter not be required to make further Participation Account Deposits;
(B) payments pursuant to Section 6.5.1, Section 7.1.4, Section 7.1.5, and Section 7.1.7 shall continue notwithstanding such termination;
(C) releases from the Participation Account pursuant to Section 7.1.6 shall continue notwithstanding such termination.
Requirements Upon Termination. Upon the expiration or earlier termination of this Agreement for any reason, the Franchisee shall:
(a) immediately discontinue the use of the System and Trademarks;
(b) if the Restaurant premises are owned by the Franchisee or leased from a third party, upon demand by the Company, remove the Trademarks from all buildings, signs, fixtures and furnishings, and alter and paint all buildings and other improvements maintained pursuant to this Agreement a design and color which is basically different from the Company's authorized building design and painting schedule. In addition to and without limiting the generality of the foregoing, the Franchisee shall make the following building alterations wherever such building contains the items referred to: Remove all indicia and references to themes of classic automobiles and the "fifties". If the Franchisee shall fail to make or cause to be made any such removal, alteration or repainting within thirty (30) days after written notice, then the Company shall have the right to enter upon the Restaurant premises, without being deemed guilty of trespass or any other tort, and make or cause to be made such removal, alterations and repainting at the reasonable expense of the Franchisee, which expense the Franchisee shall pay the Company upon demand; and
(c) not thereafter use any trademark, trade name, service ▇▇▇▇, logo, insignia, slogan, emblem, symbol, design or other identifying characteristic that is in any way associated with the Company or similar to those associated with the Company, or operate or do business under any name or in any manner that might tend to give the public the impression that the Franchisee is or was a licensee or Franchisee of or otherwise associated with, the Company.
Requirements Upon Termination. As of the effective date of termination of this Agreement, FMER shall (i) cease accepting new applications for Loans and (ii) unless otherwise agreed by the Parties in writing, process all Applications received prior to the effective date of termination through disbursement or denial.
Requirements Upon Termination. Upon termination of the Housing Agreement, the Student is required to vacate the Housing Unit. If the Student does not vacate the Housing Unit in a timely manner, NMSU may take any action it deems appropriate, without further notice, including restricted access to the Housing Unit, or lock-out (a lock change and removal of all personal property). The resident remains liable for all fees related to removal and storage of possessions. Lock out may carry a financial penalty and may result in the denial of future Agreements for campus housing.
Requirements Upon Termination. Upon termination of this Agreement for any reason, all licenses granted hereunder will immediately terminate and:
(i) you will cease all use of the Services, the API, the UI and SFTP and the API Specifications and any materials provided by Somos containing Confidential Information;
(ii) you must destroy the API Specifications and any materials regardless of manner or form provided by Somos containing Confidential Information in your possession or control; and
(iii) terminate any access to the Services.