Common use of Rights and Obligations of Parties Upon Termination Clause in Contracts

Rights and Obligations of Parties Upon Termination. In connection with and at the time of, any transfer of the Complex to the GOP or its designee, the GOP shall have the right but not the obligation to have the long term services agreement assigned through novation to it or its designee. The Seller shall take all actions reasonably necessary to effect such novation following notice of such election from the GOP.

Appears in 5 contracts

Samples: Implementation Agreement, Implementation Agreement, Implementation Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!