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

Survival of Rights and Obligations Upon Termination. Sections 2.6, 3, 4, 5.1, 5.2, 5.3, 6, 8, 10, 11, 12, 13, 14, and 15, shall survive any expiration or termination of this Agreement or any Statement of Work hereunder. Notwithstanding anything in the foregoing to the contrary, in the case of termination by Cisco for cause pursuant to Section 14.3.3, Ambient shall pay all expenses reasonably incurred by Cisco in excess of amounts already paid to Cisco. The amount of such payment shall be determined on a time and materials basis using Cisco's commercially reasonable rates then in effect.

Appears in 4 contracts

Samples: Development and License Agreement (Ambient Corp /Ny), Development and License Agreement (Ambient Corp /Ny), Development and License Agreement (Ambient Corp /Ny)

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