Termination of Payment Obligations Sample Clauses

Termination of Payment Obligations. Notwithstanding any other provision contained herein, in the event that Executive breaches any duties set forth in these Restrictive Covenants, then Executive shall not be entitled to any post-termination compensation or benefits of any kind, Executive shall immediately reimburse Company for all reasonable post-termination amounts previously paid by Company and Company’s cost associated with the provision of any post-termination benefits to Executive, and the duties set forth in these Restrictive Covenants shall continue in full force and effect.
AutoNDA by SimpleDocs
Termination of Payment Obligations. All payment obligations with respect to the Terminated Products in the Terminated Countries hereunder will terminate, other than those that are accrued and unpaid as of the effective date of such termination. For any payment obligations that are accrued and unpaid as of the effective date of termination, an invoice must be provided no later than [***] after the effective date of termination.
Termination of Payment Obligations. Lessee’s obligation to make the payments MGC-054.doc required under Sections 3.A and 3.B shall cease upon the earlier of: (i) exercise by Lessee of its Option to purchase the Premises pursuant to Section 11.B; or (ii) termination of this Agreement under Section 6.
Termination of Payment Obligations. 6.1.1 During the term of this Agreement, neither XOMA nor any of its Affiliates shall take any action or initiate any proceeding to prevent the issuance of, invalidate, revoke or otherwise render unenforceable any of the Patent Rights (as defined in the Assignment Agreement dated as of December 8, 1999, between IRC and Connetics). Within ninety (90) days after the date hereof, XOMA and its Affiliates shall terminate, dismiss and withdraw all such actions and proceedings which were taken or initiated by it or any of its Affiliates on or before the date hereof.
Termination of Payment Obligations. Employee acknowledges and agrees that all of the Company's obligations under Paragraph 1 of this Agreement will terminate immediately if Employee breaches any provision if this Agreement. The termination provisions of this Paragraph do not limit in any way the Company's remedies provided in other provisions of this Agreement, all such remedies being cumulative. The Company's decision to discontinue benefits to Employee under this Paragraph shall not affect the remaining obligations and benefits under this Agreement.
Termination of Payment Obligations a. In satisfaction of all sums due and owning, now and in the future, among the parties PURSUANT the Purchase Agreements, Transmedia shall pay to SCI $3,800,000.00 simultaneously with the execution of this Agreement, Transmedia shall pay to SCI $3,800,000.00; provided, however, that notwithstanding the -------- ------- foregoing, the following payments and/or potential payments shall survive in accordance with their respective terms:
Termination of Payment Obligations. The obligations of Buyer pursuant to Section 2.2(d) shall immediately terminate if the Consulting Agreement between Buyer and Seller is terminated (i) by Seller, at Seller's request, or (ii) by Buyer for "cause," prior to the Term Date (as such terms are defined therein).
AutoNDA by SimpleDocs
Termination of Payment Obligations. AGD's obligation to make royalty payments to AVI for any given SS Product shall end upon the expiration of all AVI patents claims that cover that SS Product.
Termination of Payment Obligations. AGD's obligation to make royalty payments to AVI for any given DPI shall end upon the expiration of all AVI patents containing claims that cover that DPI.
Termination of Payment Obligations. The obligation of FRI to pay the Sales Milestone Payments under Section 4.3 and the Earned Royalty Payments under Section 4.4(a) shall terminate upon the later of: (i) [*], or (ii) [*] following the first commercial sale of Product in the Territory. The Know-How Royalty under Section 4.4(b) shall remain in effect for [*].
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!