Rights and Obligations Following Termination. Upon termination of this Agreement for any reason, Amerinet Choice, Amerinet, and Supplier shall have the following rights and obligations which shall survive the termination of this Agreement:
a) No party shall be released from any obligation arising under this Agreement prior to its termination, including but not limited to Supplier’s obligation to pay Agreement Administrative Fees and License Fees in full with respect to (1) any Sale of any Product through the termination date of this Agreement, and (2) any Sale of any Product purchased pursuant to a Bilateral Agreement through the termination date of the corresponding Bilateral Agreement;
b) Supplier shall continue to honor orders for all Products by all Participating Facilities and Authorized Distributors, up to the effective date of termination and for a period of thirty (30) days thereafter, which orders shall remain subject to the pricing, terms, and conditions of this Agreement; and
c) Amerinet Choice shall have the right to require Supplier to sell to Amerinet Choice all (but not less than all) salable Private Label Products in Supplier’s inventory at the last contract price for each such Product. Upon the termination of this Agreement, Amerinet Choice also shall have the right to require Supplier to sell to Amerinet Choice all (but not less than all) manufacturing supplies printed or labeled with any Xxxx in Supplier’s inventory at the last price paid by Supplier for each such supply prior to termination.
d) Supplier shall comply fully with the terms and conditions of Paragraph 32 above, including without limitation Paragraph 22(i), and upon termination shall immediately cease holding itself out in any way as a licensee of the Marks, or do anything which would indicate any relationship between it and Amerinet or Amerinet Choice or between it and the Marks.
Rights and Obligations Following Termination. In addition to the rights and remedies otherwise available to the parties at law or in equity, the following provisions will apply following Termination pursuant to Article 16 or any other provision of this Agreement.
(a) Operator shall quit, vacate, surrender, and deliver to Owner peacefully and promptly the Hotel and all Licenses and Permits and all books, records, accounts, contracts, keys, Working Capital, and all other pertinent and necessary documents and records pertaining to the Hotel and the operation thereof;
(b) Operator shall deliver to Owner any and all of Owner’s properties and assets within the possession of Operator, including keys, locks and safe combinations, files, correspondence, information regarding group bookings, reservation lists, ledgers, bank statements for the Operating Account and Reserve, accounting books and records, all electronic data maintained by Operator relating to the Hotel (which data shall be delivered on computer disc in a format that is accessible and readable by Owner’s then current computer systems), insurance policies, bonds and other documents, agreements, leases, licenses, records and plans (including, without limitation, the as-built or record set plans) relating to the operation of the Hotel, provided that Operator may retain possession of copies of any of the foregoing;
(c) Operator shall keep confidential all information concerning the Hotel obtained by Operator or in Operator’s possession, and not use any of the same for its own account, for the account of others or in any other manner that would directly or indirectly compete with the Hotel;
(d) Operator shall remit to Owner the balance (if any) of the Operating Account and the Reserve, after computation and disbursement to Operator of all accrued and unpaid Management Fees and reimbursable Operator’s Expenses;
(e) As expeditiously as reasonably possible, prepare and deliver to Owner the financial reports required under this Agreement with respect to the final Accounting Period and Fiscal Year and remit to Owner the amount (if any) shown as owing to Owner in the final financial statements on account of previously overpaid Management Fee, reimbursableOperator’s Costs or other payments due under this Agreement; and
(f) Operator shall do all acts and execute and deliver all documentsreasonably requested by Owner in connection with the transfer, all without consideration therefor, and otherwise reasonably cooperate with Owner and any successor operator to in...
Rights and Obligations Following Termination. 17.1. Termination of this Agreement, by expiration or otherwise for any reason, shall be without prejudice to: • the rights and obligations provided for in Paragraph 7.3; • ASU's right to receive all payments and royalties due and accrued and unpaid on the effective date of the termination; • the rights and obligations provided for in Article 10, Article 17 and Article 28; and • any other remedies which either party may have under law or equity.
17.2. Following any termination but not the expiration of this Agreement, LICENSEE and its SUB-LICENSEES, may sell, in accordance with the terms of this Agreement, any affected LICENSED PRODUCT which was in process of manufacture or finished on the effective date of the termination, but, with respect to these sales, LICENSEE shall continue to be bound by all of its obligations under this Agreement, including the obligation to render quarterly reports covering sales in accordance with the provisions of Article 9 and the obligation to pay royalties at the rates set forth in Article 5. The right of each party, subsequent to the loss of its license or sub-license upon termination of this Agreement, to challenge the validity or alleged infringement under which a license or sub-license is granted, shall not be prejudiced by reason of the prior existence of this Agreement.
Rights and Obligations Following Termination. 14.1 Termination of this Agreement, by expiration or otherwise for any reason, shall not terminate (i) PA’s right to receive all payments and royalties due and accrued and unpaid on the effective date of the termination, and (ii) the rights and obligations set forth in Sections 3 (related to License Fees and Royalties due and payable), 4.6, 7, 8, 9, and 10.
14.2 Following any termination of this Agreement, by expiration or otherwise (other than termination by PA pursuant to Section 13.4 hereof), Licensee may sell for a six (6) month period after termination, in accordance with the terms of this Agreement, any Licensed Product which was in process of manufacture or finished on the effective date of the termination. With respect to these sales, Licensee shall continue to be bound by all of its obligations under this Agreement, including without limitation all reporting and payment obligations hereunder.
Rights and Obligations Following Termination. Following termination of this Agreement for any reason, (1) E-LOAN shall continue to process, in due course, any mortgage loan applications submitted by consumers prior to termination and (2) E-LOAN's obligation to pay any then-due Monthly Fees will be pro-rated as of the date of termination. In addition, Sections 6 through 10 and 12 through 19 will survive termination of this Agreement for any reason.
Rights and Obligations Following Termination. Upon the termination of this Agreement, all rights and obligations of all of the parties hereunder from and after the date of termination shall terminate and cease, and this Agreement shall be of no further force and effect whatsoever.
Rights and Obligations Following Termination. Upon termination of this Agreement, as provided herein: (i) GREENPOINT MORTGAGE FUNDING INC shall continue to process, in due course, any home equity loan applications submitted by E-LOAN's customers prior to termination of this Agreement and (ii) GREENPOINT MORTGAGE FUNDING INC's obligation to pay any then due Quarterly Marketing Fee will be prorated as of the date of termination. In addition, Sections 5 through 9 and 11 through 21 will survive termination of this Agreement for any reason.
Rights and Obligations Following Termination. 15.1 Termination of this Agreement, by expiration or otherwise for any reason, shall not terminate (i) PA’s right to receive all undisputed payments and royalties due and accrued and unpaid on the Effective Date of the termination, (ii) Licensee’s license to use the Licensed Technology in order to exercise its rights under the separate Marketing and Agency Fee Agreement between PA and Licensee, effective December 24, 2009, and (iii) the rights and obligations set forth in Sections 4, 5, 6, 8, 9 and 10.
15.2 Following any termination of this Agreement, by expiration or otherwise (other than termination by PA pursuant to Sections 14.2 or 14.3 hereof), Licensee and its Sublicensees, may sell for a three (3) month period after termination, in accordance with the terms of this Agreement, any Licensed Product which was in process of manufacture or finished on the Effective Date of the termination; provided, however, that with respect to these sales, Licensee shall continue to be bound by all of its obligations under this Agreement, including without limitation all reporting and payment obligations hereunder.
Rights and Obligations Following Termination. If this Agreement is terminated, all rights and licenses granted to Daiichi Sankyo under this Agreement shall terminate and revert exclusively to Nektar and the consequences set forth in this Section 16.5 shall apply on and after the effective date of the termination of this Agreement.
Rights and Obligations Following Termination. Upon the termination of this Agreement, all rights and obligations of all of the parties hereunder (including, without limitation, the Company and all Shareholders who are party to this Agreement) from and after the date of termination shall terminate and cease, and this Agreement shall be of no further force and effect whatsoever, except that all parties shall remain obligated with respect to the purchase of Shares which have been purchased (or where an event has occurred giving rise to the obligation to purchase) prior to the effective date of termination hereunder.
