Common use of Rights and Obligations on Termination Clause in Contracts

Rights and Obligations on Termination. Termination of this Agreement shall not release either party from the obligation to make payment of all amounts previously due and payable, or which become due and payable due to termination of this Agreement.

Appears in 4 contracts

Samples: Purchase Contract (Wilson Greatbatch Technologies Inc), Supply Agreement (Wilson Greatbatch Technologies Inc), Supply Agreement (Wilson Greatbatch Technologies Inc)

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Rights and Obligations on Termination. Termination In the event of the termination of this Agreement pursuant to Section 12.2, neither party shall not release either party be released from the obligation to make payment of all amounts previously due and payable, then or which become thereafter due and payable due pursuant to termination the terms and conditions of this AgreementAgreement with respect to performance by the parties prior to the effective date of termination.

Appears in 1 contract

Samples: Agent Agreement (Edutrek Int Inc)

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