Common use of Rights/Duties Upon Termination Clause in Contracts

Rights/Duties Upon Termination. Upon termination of this Agreement and/or any applicable Service Agreement, any property or rights of a party in the possession of the other party, tangible or intangible, shall be returned to owner thereof within seven (7) days after the later to occur of (i) termination of the Agreement and/or any applicable Service Agreement or (ii) the last date that such party receives any such property or rights. Upon termination of this Agreement and/or any applicable Service Agreement, (i) you will promptly pay to Financial Institution all sums due or to become due under this Agreement and/or applicable Service Agreement, and (ii) you shall have no further right to make use of the Service or any system or software which may have been provided in connection with the Service.

Rights/Duties Upon Termination. Upon termination of this Agreement and/or any applicable Service Agreement, any property or rights of a party in the possession of the other party, tangible or intangible, shall be returned to owner thereof within seven fifteen (715) days after the later to occur of (i) termination of the this Agreement and/or any applicable Service Agreement or (ii) the last date that such party receives any such property or rights. Upon termination of this Agreement and/or any applicable Service Agreement, (i) you will promptly pay to Financial Institution Bank all sums due or to become due under this Agreement and/or applicable Service Agreement, and (ii) you shall have no further right to make use of the Service or any system or software which may have been provided in connection with the Service.