Common use of Rights and Duties on Termination Clause in Contracts

Rights and Duties on Termination. Should the Agreement terminate pursuant to this Article 5, Manager will: a. provide the Owner with copies of any additional Enhancements not yet deposited into escrow; b. forthwith give the Security Agent under the Security Agent Agreement notice to release all deposited source code and other materials to Owner and refrain from objecting to the release of the source code and other materials by the Security Agent;

Appears in 4 contracts

Samples: Application Software Purchase Agreement (Alya International Inc), Application Software Purchase Agreement (Alya International Inc), Application Software Purchase Agreement (Alya International Inc)

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Rights and Duties on Termination. Should the Agreement terminate pursuant to this Article 5, the Manager willwill immediately: a. provide to the Owner with all copies of any additional the Technology and Enhancements not yet deposited into escrow(including, in particular, the most current versions of each); b. forthwith give the Security Agent under the Security Agent Agreement notice to release all deposited source code and other materials to Owner Shalcor and refrain from objecting to the release of the source code and other materials by the Security Agent;

Appears in 1 contract

Samples: Management and Marketing Agreement (Datalink Systems Corp /Ca/)

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