Common use of Sums Due Clause in Contracts

Sums Due. (a) In the event of a termination (including any termination pursuant to Section 4.02) or expiration of this Agreement (or Services under one or more Schedules), EWS shall be entitled to the payment or reimbursement of, and SNI shall, or shall cause the other applicable member(s) of its Group to, pay and reimburse EWS, on the date of such termination or expiration (i) any amounts due to any EWS Service Provider under this Agreement with respect to the applicable terminated or expired EWS Service(s) and (ii) any amounts accrued in connection with the provision of the applicable terminated or expired EWS Service(s) through the date of such termination or expiration but not yet invoiced by any EWS Service Provider under this Agreement, as if such amounts were invoiced on the date of such termination or expiration. (b) In the event of a termination (including any termination pursuant to Section 4.02) or expiration of this Agreement (or Services under one or more Schedules), SNI shall be entitled to the payment or reimbursement of, and EWS shall, or shall cause the other applicable member(s) of its Group to, pay and reimburse SNI, on the date of such termination or expiration (i) any amounts due to any SNI Service Provider under this Agreement with respect to the applicable terminated or expired SNI Service(s) and (ii) any amounts accrued in connection with the provision of the applicable terminated or expired SNI Service(s) through the date of such termination or expiration but not yet invoiced by any SNI Service Provider under this Agreement, as if such amounts were invoiced on the date of such termination or expiration.

Appears in 3 contracts

Sources: Transition Services Agreement (Scripps Networks Interactive, Inc.), Transition Services Agreement (Scripps E W Co /De), Transition Services Agreement (Scripps Networks Interactive, Inc.)

Sums Due. (a) In the event of a termination (including any termination pursuant to Section 4.027.2) or expiration of this Agreement (or Services under one or more Schedules), EWS AXP shall be entitled to the payment or reimbursement of, and SNI Ameriprise shall, or shall cause the other its applicable member(s) of its Group Affiliates to, pay and reimburse EWSAXP, on the date of such termination or expiration (i) any all amounts due to AXP or any EWS AXP Service Provider under this Agreement with respect to the applicable terminated or expired EWS Service(s) and (ii) any all amounts accrued in connection with the provision of the applicable terminated or expired EWS Service(s) AXP Services through the date of such termination or expiration but that are not yet invoiced by due and payable to AXP or any EWS AXP Service Provider under this Agreement, as if such amounts were invoiced due and payable on the date of such termination or expiration. (b) In the event of a termination (including any termination pursuant to Section 4.027.2) or expiration of this Agreement (or Services under one or more Schedules), SNI Ameriprise shall be entitled to the payment or reimbursement of, and EWS AXP shall, or shall cause the other its applicable member(s) of its Group Affiliates to, pay and reimburse SNIAmeriprise, on the date of such termination or expiration (i) any all amounts due to Ameriprise or any SNI Ameriprise Service Provider under this Agreement with respect to the applicable terminated or expired SNI Service(s) and (ii) any all amounts accrued in connection with the provision of the applicable terminated or expired SNI Service(s) Ameriprise Services through the date of such termination or expiration but that are not yet invoiced by due and payable to Ameriprise or any SNI Ameriprise Service Provider under this Agreement, as if such amounts were invoiced due and payable on the date of such termination or expiration.

Appears in 2 contracts

Sources: Transition Services Agreement (Ameriprise Financial Inc), Transition Services Agreement (American Express Financial Corp)