When Parties Terminate Sample Clauses
The "When Parties Terminate" clause defines the circumstances and procedures under which either party may end the agreement. It typically outlines the required notice period, acceptable reasons for termination, and any obligations that must be fulfilled before or after termination, such as final payments or return of confidential information. This clause ensures both parties understand their rights and responsibilities if the contract is ended early, thereby reducing uncertainty and potential disputes.
When Parties Terminate. 12.2.1 In the event of the termination of this Agreement:
(a) the Recipient shall provide DIAND with Financial Reports within one hundred and twenty (120) days of the date of termination;
(b) without limiting any other obligation under this Agreement to reimburse amounts to Canada, the Recipient shall reimburse to Canada any unexpended funding transferred to the Recipient, up to the termination date of this Agreement, unless the Recipient and Canada agree otherwise in writing;
(c) subject to Canada's right to set off any amount owing to Canada under this Agreement, Canada shall pay to the Recipient any monies owed to the Recipient, up to the termination date of this Agreement, unless the Recipient and Canada agree otherwise in writing; and
(d) the Recipient shall fulfill any other obligation relating to termination set out in any Schedule.
When Parties Terminate. 10.2.1 In the event of the termination of this Agreement:
(a) subject to Canada’s right to any amount owing to Canada under this Agreement, Canada shall pay to the Province any monies owed to EMBC, up to the termination date of this Agreement, unless the Province and Canada agree otherwise in writing; and
(b) the Province shall fulfill any other obligation relating to termination set out in any Schedule.
When Parties Terminate. 12.2.1 In the event of the termination of this Agreement:
When Parties Terminate. 13.2.1 In the event of the termination of this Agreement:
(a) the Council shall provide DIAND with Consolidated Audited Financial Statements within one hundred and twenty (120) days of the date of termination;
(b) without limiting any other obligation under this Agreement to reimburse amounts to Canada, the Council shall reimburse to Canada any unexpended funding transferred to the Council up to the termination date of this Agreement, unless the Council and Canada agree otherwise in writing;
(c) subject to Canada's right to set-off any amount owing to Canada under this Agreement, Canada shall pay to the Council any monies owed to the Council up to the termination date of this Agreement, unless the Council and Canada agree otherwise in writing; and
(d) the Council shall fulfill any other obligation relating to termination set out in any Schedule.