The Effect of Termination Sample Clauses

The Effect of Termination. (1) In the event of the termination or expiration of the Agreement, the Provider may cooperate with the Client, in migrating the Client data, system and the data that the Provider has provided to its Client according to the Agreement, to the Client or the third party designated by the Client and the matters required by the migration work as well as accompanied cost shall be consulted by and between the Client and Provider additionally. (2) In the event that the Agreement is expired or otherwise terminated, the Client shall pay the Service Fees for all services that the Provider renders as well as the migration expense paid to the third party in relation to the data, equipment and software that are agreed to be migrated to the Client. (3) If the Client ceases the use of computer facilities that the Provider has purchased, leased or rented on the premise that the Client would use for a certain period of time according to the request made by the Client due to reasons including termination of the Agreement, the Client shall pay the penalty prorated to the number of months remaining as detailed in <Annex. Service Statement> in order to compensate for the damage inflicted upon the Provider with respect to the suspension of use of the equipment. (4) The Client shall pay all the relevant amount stipulated in Article 28, in cash within thirty (30) days from the date of the Provider asks for it.
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The Effect of Termination. 13.5.1 Upon any termination of this Agreement by MTI, Guidant will be entitled to have delivered the Products ordered prior to termination. 13.5.2 Upon any termination of this Agreement, Guidant may, at its option, either sell all or any part of its remaining inventory of the Products to Customers or sell to MTI all or any part of Guidant's inventory of the Products (excluding discontinued and demonstration units). MTI agrees to repurchase all of the Products that Guidant decides to sell to MTI. Guidant must exercise the right to resell within sixty (60) days after termination of this Agreement. The price for such inventory shall be the Cost paid by Guidant to MTI for such Products plus Guidant's shipping and handling costs. 13.5.3 Sections 1, 4.7, 6.5, 9, 10, 11, 12, 13.5 and 14 shall survive any termination of this Agreement.
The Effect of Termination. 13.5.1 After expiration, termination or cancellation (all hereafter collectively referred to as "termination") of this Agreement for any reason, SDID shall promptly destroy or return to CT all of CT's Confidential Information in its possession or control and CT shall promptly destroy or return to SDID all of SDID's Confidential Information in its possession or control. Upon either party's request, the other party shall warrant its compliance with this section in writing to the requesting party within thirty (30) days of termination. 13.5.2 In the event of termination by SDID, SDID agrees to provide a last time buy of [*] upon reasonable request by CT for a period of [*] following termination except in the case where no production hardware has been supplied or replacement with another form, fit, function device is possible. The financial conditions thereto will be negotiated at the time of termination. However, without time limitation SDID shall produce and deliver such volumes necessary for CT to [*] vis a vis customers subject to negotiations on the financial conditions. 13.5.3 CT hereby agrees if this Agreement is terminated or canceled that CT will not use or cause to be used any proprietary, technical or patent technology of the [*]. 13.5.4 SDID hereby agrees if this Agreement is terminated or cancelled, that SDID will not use, or cause to be used, any CT proprietary, technical, or parent technology provided by CT for use in the [*]. 13.5.5 If as a result of a material breach by CT, SDID terminates this Agreement before CT [*] from SDID hereunder, then in addition to any other rights SDID may have on account of such breach and termination, SDID shall be paid by CT the direct damages SDID incurs by reason of CT's failure to [*]. [*] CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.
The Effect of Termination. 16.2.1 All licenses granted the breaching party shall immediately terminate, provided that the rights of the purchasers of products incorporating the technology shall continue for such products purchased prior to termination of this Agreement. 16.2.2 All rights granted the breaching party to purchase the other party's technology, directly or indirectly, shall terminate immediately. 16.2.3 All accrued royalties shall be immediately due and payable. 16.2.4 The breaching party shall have sixty (60) days in which to dispose of inventory containing the non-breaching parties' technology after which time the breaching party may not transfer such inventory to any third party. 16.2.5 All outstanding orders for the non-breaching party's technology, direct or indirect, shall be immediately canceled. 16.2.6 All provisions of this Agreement which by their nature should survive termination shall survive termination. 16.2.7 The breaching party shall, within thirty (30) days of termination, return to the other party all of the other party's information, documentation, and technology in its possession or under its control.
The Effect of Termination. 10.2.1 All licenses granted the breaching party shall immediately terminate, provided that the rights of the purchasers of products incorporating the technology shall continue for such products purchased prior to termination of this Agreement. 10.2.2 All rights granted the breaching party to purchase the other party's technology, directly or indirectly, shall terminate immediately. 10.2.3 The breaching party shall have sixty (60) days in which to dispose of inventory containing the non-breaching parties' technology after which time the breaching party may not transfer such inventory to any third party. 10.2.4 All outstanding orders for the non-breaching party's technology, direct or indirect, shall be immediately canceled. 10.2.5 All provisions of this Agreement which by their nature should survive termination shall survive termination. 10.2.6 The breaching party shall, within thirty (30) days of termination, return to the other party all of the other party's information, documentation, and technology in its possession or under its control.
The Effect of Termination. After termination: 19.4.1. Distributor's appointment as an authorized TEKBILT Distributor of Products shall immediately terminate, except Distributor shall be entitled to exclusively sell Software to End-users for Products already sold to End-users by Distributor. 19.4.2. Subject to subsection 19.3.1, Distributor shall immediately cease using the TEKBILT trademarks and discontinue any representations that it is a TEKBILT Distributor. 19.4.3. Subject to subsection 19.3.1, TEKBILT shall be entitled to (i) reject all or part of any order received from Distributor after notice but prior to the effective date of termination and/or (ii) require Distributor's performance of any outstanding orders notwithstanding the fact that delivery date for such orders may extend beyond the effective date of termination. Notwithstanding any credit terms made available to Distributor prior to that time, any Products shipped during said period shall be paid for in full by certified or cashier's check prior to shipment. 19.4.4. Subject to (i) subsection 19.3.1, (ii) firm orders committed for sale by Distributor to other Persons prior to the effective date of termination, and (iii) contrary agreements by Distributor and TEKBILT, Distributor shall submit to TEKBILT within ten (10) days after the effective date of termination, a summary of the number of the respective Products in Distributor's inventory owned by Distributor as of the effective date of the termination. TEKBILT may, at its option, but subject to applicable gaming laws, purchase any or all of such Products from Distributor's inventory within sixty (60) days of the effective date of termination and the price shall be an amount equal to the price Distributor paid TEKBILT for such a Product and the terms of delivery shall be FOB Distributor's dock and terms for payment shall be US dollars wire transferred to a bank designated by Distributor prior to delivery for shipment. After receipt of the Products from Distributor, if Distributor's account was in arrears, TEKBILT will issue an appropriate credit to Distributor's account prior to making payment for the purchase of the Products. 19.4.5. The payment date of all monies due TEKBILT shall automatically be accelerated so that they shall become due and payable on the effective date of termination, even if longer terms had been provided previously. 19.4.6. If TEKBILT chooses to exercise its rights to repurchase Distributor's inventory (as set forth above in section 19.3.4), Di...
The Effect of Termination. 4.1 Where a Party to this Agreement serves a Termination Notice in accordance with Clause 3.1.1, following the Termination Date, all unexpired Limitation Periods in relation to Potential Claims of the: 4.1.1 Terminating Party against the Recipient Party; and 4.1.2 Recipient Party against the Terminating Party, shall again begin to run.
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The Effect of Termination. Termination of this Agreement shall not affect: (a) any obligations concerning payment and ongoing support arising prior to termination; (b) any obligations concerning warranty, liability and indemnification; (c) Siemens´ right to ***; (d) the obligations of each Party to keep the other Party’s Confidential Information confidential , not to disassemble or reverse compile the Software and the rights in and to the Software; or (e) any or all outstanding items (including licenses) ordered by Siemens by a purchase order as under Article 8 and paid by Siemens or confirmed by Sycamore prior to effective date of termination of this Agreement.
The Effect of Termination 

Related to The Effect of Termination

  • Effect of Termination Upon any expiration of the Term or termination of this Agreement, the obligations and rights of the parties hereto shall cease, provided that such expiration or termination of this Agreement shall not relieve the parties of any obligation or breach of this Agreement accruing prior to such expiration or termination, including, without limitation, all accrued payment obligations arising under Article 6. In addition, Article 5, Article 7, Section 2.12, Section 4.5, and this Section 4.6 shall survive the expiration or termination of this Agreement. For the avoidance of doubt, the rights of Registry Operator to operate the registry for the TLD shall immediately cease upon any expiration of the Term or termination of this Agreement.

  • Termination Effect of Termination 41 Section 8.01. Termination............................................................. 41 Section 8.02. Effect of Termination................................................... 42

  • Termination and Effect of Termination This Agreement shall terminate upon the date on which no Holder holds any Registrable Securities, except for the provisions of Sections 3.9 and 3.10, which shall survive any such termination. No termination under this Agreement shall relieve any Person of liability for breach or Registration Expenses incurred prior to termination. In the event this Agreement is terminated, each Person entitled to indemnification rights pursuant to Section 3.9 hereof shall retain such indemnification rights with respect to any matter that (i) may be an indemnified liability thereunder and (ii) occurred prior to such termination.

  • Notice of Termination; Effect of Termination Any termination of this Agreement under Section 7.1 above will be effective immediately upon the delivery of written notice of the terminating party to the other parties hereto. In the event of the termination of this Agreement as provided in Section 7.1, this Agreement shall be of no further force or effect, except (i) as set forth in this Section 7.2, Section 7.3 and Article 8 (miscellaneous), each of which shall survive the termination of this Agreement, and (ii) nothing herein shall relieve any party from liability for any willful breach of this Agreement. No termination of this Agreement shall affect the obligations of the parties contained in the Confidentiality Agreement, all of which obligations shall survive termination of this Agreement in accordance with their terms.

  • Effect of Termination of Agreement Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer and Provider under this Agreement shall be terminated (other than the indemnity obligations set forth in Section 13). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

  • Effect of Termination for Cause In the event the Executive’s employment shall be terminated for Cause pursuant to Section 5.1 hereof, the Company shall pay the Executive his salary through the date of termination.

  • Effect of Termination Notice Where Network Rail or the Train Operator has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties’ continuing obligations under this contract up to the date of termination, which date shall be determined in accordance with paragraph 3.4(c); (b) the party which has served the Termination Notice shall withdraw it by notice to the other party, upon being reasonably satisfied that the relevant Event of Default has been remedied; and (c) this contract shall terminate on the later of: (i) the date and time specified in the Termination Notice for the contract to terminate (or such later date and time as the party which served the Termination Notice notifies to the other before the date and time so specified); and (ii) the date on which a copy of the Termination Notice is given to XXX.

  • Effect of Termination and Abandonment In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, no party to this Agreement shall have any liability or further obligation to any other party hereunder except (a) as set forth in Sections 8.03 and 9.01 and (b) that termination will not relieve a breaching party from liability for any willful breach of this Agreement giving rise to such termination.

  • Effect of Termination of Service Except as otherwise provided in accordance with Section 4(b) above, if you cease to be a Service Provider, you will forfeit all unvested Units.

  • Effect of Termination Survival If the Service Agreement is terminated, the Provider shall destroy all of LEA’s Student Data pursuant to Article IV, section 6.

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