Common use of Responsibilities at Termination Clause in Contracts

Responsibilities at Termination. Upon termination of this Agreement for any reason, Carrier, ATM Manager, ATM Owner and Elan will cooperate to complete the following activities. 1. Carrier must remove all Currency from the ATMs of ATM Owner and deliver the Currency to Carrier’s cash vault. 2. Carrier shall provide final terminal balancing activity and reports to Elan, ATM Manager and ATM Owner. 3. Elan shall perform a final balance on each ATM and cash vault. 4. Upon agreement by Elan, ATM Owner, ATM Manager and Carrier that all ATMs and cash vaults are in balance, Elan shall instruct Carrier as to the location where the Currency shall be delivered. Carrier will thereafter deliver the Currency to the designated location. Risk of loss of the Currency remains with Carrier until the Currency is accepted by Elan at the designated location. All fees and charges relating to the delivery of the Currency to Elan to Carrier shall be paid in accordance with Section IV.B.3. 5. The fees for the use of the Currency shall be assessed by Elan until such time as Elan has accepted the final deposit from the Carrier.

Responsibilities at Termination. Upon termination of this Agreement for any reason, Carrier, ATM Manager, ATM Owner and Elan will cooperate to complete the following activities. 1. Carrier must remove all Currency from the ATMs of ATM Owner and deliver the Currency to Carrier’s 's cash vault. 2. Carrier shall provide final terminal balancing activity and reports to Elan, ATM Manager and ATM Owner. 3. Elan shall perform a final balance on each ATM and cash vault. 4. Upon agreement by Elan, ATM Owner, ATM Manager and Carrier that all ATMs and cash vaults are in balance, Elan shall instruct Carrier as to the location where the Currency shall be delivered. Carrier will thereafter deliver the Currency to the designated location. Risk of loss of the Currency remains with Carrier until the Currency is accepted by Elan at the designated location. All fees and charges relating to the delivery of the Currency to Elan to Carrier shall be paid in accordance with Section IV.B.3. 5. The fees for the use of the Currency shall be assessed by Elan until such time as Elan has accepted the final deposit from the Carrier.

Responsibilities at Termination. Upon termination of this Agreement for any reason, Carrier, ATM Manager, ATM Owner and Elan will cooperate to complete the following activities. 1. Carrier must remove all Currency from the ATMs of ATM Owner and deliver the Currency to Carrier’s cash vault. 2. Carrier shall provide final terminal balancing activity and reports to Elan, ATM Manager and ATM Owner. 3. Elan shall perform a final balance on each ATM and cash vault. 4. Upon agreement by Elan, ATM Owner, ATM Manager and Carrier that all ATMs and cash vaults are in balance, Elan shall instruct Carrier as to the location where the Currency shall be delivered. Carrier will thereafter deliver the Currency to the designated location. Risk of loss of the Currency remains with Carrier until the Currency is accepted by delivered to Elan at the designated location. All fees and charges relating to the delivery of the Currency to Elan to Carrier shall be paid in accordance with Section IV.B.3. 5. The fees for the use of the Currency shall be assessed by Elan until such time as Elan has accepted the final deposit from the Carrier.