Common use of Winding Up Affairs Upon Termination Clause in Contracts

Winding Up Affairs Upon Termination. 7.5.1 In the event of termination of this Contract for any reason, the parties agree that the provisions of this Subsection 7.5 survive termination: 7.5.1.1 The parties shall account for and properly present to each other all claims for fees and expenses and pay those which are not subject to set off under this Contract. 7.5.1.2 CONTRACTOR shall satisfactorily complete SERVICES in progress at the agreed rate (or a pro rata basis if necessary) if so requested by CITY; and 7.5.1.3 CONTRACTOR shall preserve, protect, and promptly deliver into

Appears in 2 contracts

Samples: Contract, Contract

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Winding Up Affairs Upon Termination. 7.5.1 In the event of termination of this Contract for any reason, the parties agree that the provisions of this Subsection 7.5 survive termination: 7.5.1.1 The parties shall account for and properly present to each other all claims for fees and expenses and pay those which are not subject to set off under this Contract. 7.5.1.2 CONTRACTOR shall satisfactorily complete SERVICES in progress at the agreed rate (or a pro rata basis if necessary) if so requested by CITY; and 7.5.1.3 CONTRACTOR shall preserve, protect, and promptly deliver intointo CITY possession all proprietary information in accordance with “Section 19”.

Appears in 1 contract

Samples: Contract

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Winding Up Affairs Upon Termination. 7.5.1 In the event of termination of this Contract for any reason, the parties agree that the provisions of this Subsection 7.5 Section survive termination: 7.5.1.1 1) The parties shall account for and properly present to each other all claims for fees and expenses and pay those which are undisputed and otherwise not subject to set off under this Contract. 7.5.1.2 CONTRACTOR shall satisfactorily complete SERVICES in progress at . Neither party may withhold performance of winding up provisions solely based on nonpayment of fees or expenses accrued up to the agreed rate (or a pro rata basis if necessary) if so requested by CITY; and 7.5.1.3 CONTRACTOR shall preserve, protect, and promptly deliver intotime of termination;

Appears in 1 contract

Samples: Contract for Services

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