Common use of Residual Obligation Upon Termination Clause in Contracts

Residual Obligation Upon Termination. Termination of this Agreement for any reason whatsoever will not release or discharge Xxxxxxx or PPD from the performance of any obligation, the payment of any debt or responsibility for any liability which may have previously accrued and remains to be performed, paid or discharged, at the date of such termination. However, upon termination no further obligations under this Agreement shall be incurred by Xxxxxxx or PPD, except with respect to those obligations arising under provisions surviving such termination pursuant to Section 10.6.