Wind Down Period Clause Samples

A Wind-Down Period clause establishes a defined timeframe following the termination or expiration of an agreement during which certain obligations or activities may continue. Typically, this period allows parties to complete outstanding tasks, fulfill final deliveries, or transition services in an orderly manner. Its core practical function is to ensure a smooth and organized conclusion to the contractual relationship, minimizing disruption and clarifying responsibilities as the agreement comes to an end.
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Wind Down Period. During the period that is six (6) months prior to the date of termination of this Agreement, Altisource shall have no obligation to: (i) expand the scope of its Services under this Agreement or any SOW; (ii) perform any new or additional Services under this Agreement or any SOW; or (iii) invest in hardware, software or equipment for performance against a Service or SOW.
Wind Down Period. During the period that is six (6) months prior to the date of termination of this Agreement, the Providing Party shall have no obligation to (i) expand the scope of its Services under this Agreement or any SOW, (ii) perform any new or additional Services under this Agreement or any SOW, or (iii) invest in hardware, software or equipment for performance against a Service or SOW.
Wind Down Period. In the event this Agreement is terminated by ▇▇▇▇▇▇ pursuant to the terms and subject to the conditions of Section 6.1, ▇▇▇▇▇▇ shall be permitted to continue to share spectrum on the Shared Channel on the terms provided in Sections 1.3, 1.4, Article 2, Article 3 and Article 5 for a period sufficient for ▇▇▇▇▇▇ to find a new channel sharing host, such period not to exceed ninety (90) days following the termination of this Agreement.
Wind Down Period. 15.1 The period commencing on the day immediately following the last day of the Planned Term or the date selected by the terminating Party in connection with an Early Termination (the “Wind-Down Commencement Date”) to the date of the satisfaction in full of all obligations under the Agreement and the other Related Agreements, including, without limitation, all Direct Transactions and all Credit-Enabled Transactions (the “Wind-Down End Date”) will be referred to as the “Wind-Down Period.” 15.2 No later than 90 days before the last day of the Planned Term or no later than the date that is fifteen (15) days before the effective date of Early Termination, as applicable, IDT will have the right and obligation to deliver to BP in writing a plan to wind-down BP’s exposure with respect to the Agreement and the Related Agreements. If IDT fails to deliver to BP such a plan by the date due, BP may create the plan for winding-down its exposure, which plan shall be binding on IDT. Any such plan may include one or more of the following options:
Wind Down Period. (a) Upon expiration of the Agreement or termination by Customer in accordance with Section 2.2(a) or (c) of the Master Agreement, the parties agree that this Rider (and the relevant portions of the Master Agreement) shall continue at Customer’s option for a wind-down period (the “Wind-Down Period”), in which Google shall continue providing the Hosted Communication Services to Customer and Subscribers and Customer shall continue paying for the Hosted Communication Services in accordance with this Rider. (b) The Wind-Down Period shall continue until the earlier of (i) [*****] or (ii) the date Customer provides Google with written notice of its completion of the migration of its Subscribers then-registered as users of the Hosted Communication Services from the Hosted Communication Services to a non-Google email platform.
Wind Down Period. Except in cases where termination is legally required or is otherwise necessitated by compelling circumstances, such as fraud or a claim of intellectual property infringement that is not cured, if a Partner Product is removed by UiPath, or if You remove a Partner Product from the Marketplace in accordance with this Agreement, existing Customers will be able to continue using the Partner Product until the expiration of the term of the applicable Partner Product Terms (“Wind-Down Period”), and You must continue to provide any services that are part of the Partner Product to each existing Customer during the Wind-Down Period.
Wind Down Period. If an Offer is removed, we will continue to bill for usage for 90 days (“Wind-Down Period”) for Offers deployed in Publisher’s cloud environments, unless we terminate billing earlier as required by law, to prevent fraud, or to protect Customers. You must continue to provide any services that are part of your Offer to each existing Customer during the Wind-Down Period. You are responsible for terminating any Customer access after the Wind-Down Period. For Offers deployed in Customer’s cloud environments, we will continue to bill for any Customer usage after the expiration of the Wind-Down Period.
Wind Down Period. The parties acknowledge that*of the Collaboration is intended to serve as a wind down period during which any then ongoing Optimization Programs can be completed. Thus, if SPL does not elect to *during the *shall be the wind down period. In the event that SPL is *during *of the Collaboration and SPL does not agree to *during *of the Collaboration based upon one or more *then the Collaboration shall continue for a wind down period of *to enable the Parties to complete and wind down any remaining Optimization Programs then ongoing. SPL’s funding obligations during the *period shall be governed by the terms of Section 2.5.2*, 2.5.4*, or 2.5.3*, as applicable.
Wind Down Period. The Parties agree that there will be a six (6) month period for winding down the servicing and administration provided by Servicer pursuant to this Agreement and converting the Accounts to an alternative account owner or credit card issuer (“Wind Down Period”) that, unless the Term is terminated under Clause 5.3, will commence upon the end of the Term. During the Wind Down Period, the parties shall use all commercially reasonable efforts to develop and implement a plan to convert the Accounts to such alternative account owner or credit card issuer. Receivables Purchaser shall reimburse Account Owner for all reasonable out-of-pocket costs incurred by Account Owner in connection with the implementation of a plan to convert during the Wind Down Period. In the event the Wind Down Period begins upon termination or expiration of this Agreement, the Parties shall continue to perform their obligations under this Agreement and the Related Agreements for the duration of the Wind Down Period.
Wind Down Period. In the event this Agreement is terminated under Section 14.10, during the * period prior to the Termination Date, the resource allocation and payments shall be in accordance with this Agreement as set out prior to the termination notice, provided, however, that (a) if Symyx is able to redeploy personnel without adverse financial consequences during such * wind-down period, Symyx will not charge ExxonMobil for such redeployed personnel, (b) Symyx will not replace personnel lost through natural attrition, and (c) the parties will mutually agree on how to allocate resources during such * wind-down period, including reasonable efforts to focus on tool development and delivery during such * wind-down period.