Winding Up Arrangements Sample Clauses

Winding Up Arrangements. Upon the expiration of the Parties' sale and purchase obligations under this Agreement, any monies, penalties or other charges due and owing Seller shall be paid, any corrections or adjust­ments to payments previously made shall be determined, and any refunds due Buyer made, within 60 Days. Any Imbalances in receipts or deliveries shall be corrected to zero balance within 60 Days. All indemnity and confidentiality obligations and audit rights shall survive the termination of this Agreement. The Parties' obligations provided in this Agreement shall remain in effect for the purpose of complying herewith.
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Winding Up Arrangements. All indemnity and audit rights shall survive the termination of this Agreement. All obligations provided in this Agreement shall remain in effect for the purpose of complying herewith.
Winding Up Arrangements. Upon expiration of the Parties' obligations under this Agreement or any Transaction, (a) any monies or other charges due and owing will be paid within sixty days; and (b) EESI will within twenty days provide written notice by mail to each Utility to change the address back to Customer's address with respect to Utility Invoices, return all original Utility Invoices in EESI's possession to Customer and, for a period of sixty days, forward all Utility Invoices and other correspondence received by EESI from a Utility to Customer. EESI will have no liability for (x) any Utility Invoice for service provided after the expiration or termination of this Agreement or a Transaction regardless of whether such invoice was forwarded or otherwise provided by EESI to Customer or (y) any impacts upon Customer of the rate, tariff or classification with Utility of any Facility as such may have been elected by EESI prior to termination. All Tax, indemnity and confidentiality obligations, as well as limitations on liability, will survive the expiration or termination of this Agreement and any Transaction.
Winding Up Arrangements. Upon expiration or termination of the Parties' obligations under this Agreement, (a) any monies or other charges due and owing will be paid within sixty days; and (b) EESI will within twenty days provide written notice by mail to each Utility to change the address back to the respective Sysco Party’s address with respect to Utility Invoices, return all original Utility Invoices in EESI's possession to Sysco Corporation and, for a period of sixty days, promptly forward all Utility Invoices and other correspondence received by EESI from a Utility to the appropriate Sysco Party. EESI will have no liability for (x) any Utility Invoice for service provided after the expiration or termination of this Agreement regardless of whether such invoice was forwarded or otherwise provided by EESI to the appropriate Sysco Party or (y) any impacts upon a Sysco Party of the rate, tariff or classification with Utility of any Facility as such may have been elected by EESI prior to termination. All Tax, indemnity and confidentiality obligations, as well as limitations on liability, will survive the expiration or termination of this Agreement. EESI will otherwise reasonably cooperate to facilitate any transaction relating to expiration or termination of this Agreement.
Winding Up Arrangements. The termination of this Agreement shall not relieve‌ either Party of any obligation to pay amounts due under this Agreement for periods prior to the termination date, including all interest, costs and indemnity obligations, or to effectuate all winding up arrangements, or to take any other actions as may be necessary to effectuate all of the terms of this Agreement. For the avoidance of doubt, Purchaser shall not be responsible for the payment of more than the Contract Price for Commodity deliveries as a result of any winding up arrangements.
Winding Up Arrangements. Upon the expiration or termination of the Parties' sale and purchase obligations under this Agreement, any moneys, penalties or other charges due and owing Seller or Buyer, as applicable, will be paid, any corrections or adjustments to payments previously made will be determined, and any refunds due Buyer or Seller, as applicable, made, within 60 Days. Any Imbalances in receipts or deliveries will be corrected to zero balance within 60 Days. All indemnity, tax and confidentiality obligations and audit rights will survive the termination of this Agreement for a period of two (2) years. The Parties' obligations provided in this Agreement will remain in effect for the purpose of complying herewith.
Winding Up Arrangements. 32.1 Home Office as the sponsor department shall put in place arrangements to ensure the orderly winding up of the SIA. In particular, it should ensure that the assets and liabilities of the SIA are passed to any successor organisation and accounted for properly. In the event that there is no successor organisation, the assets and liabilities should revert to the Home Office. To this end, the Home Office shall: • Ensure that procedures are in place in the SIA to gain independent assurance on key transactions, financial commitments, cash flows and other information needed to handle the wind-up effectively and to maintain the momentum of work inherited by any residuary body. • Specify the basis for the valuation and accounting treatment of the SIA’s assets and liabilities. • Ensure that arrangements are in place to prepare closing accounts and pass to the C&AG for external audit, and that, funds are in place to pay for such audits. It shall be for the C&AG to lay the final accounts in Parliament, together with their report on the accounts. • Arrange for the most appropriate person to sign the closing accounts. In the event that another ALB takes on the role, responsibilities, assets and liabilities, the succeeding ALB Accounting Officer should sign the closing accounts. In the event that the Home Office inherits the role, responsibilities, assets and liabilities, the Home Office’s Accounting Officer should sign.
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Winding Up Arrangements. Upon termination of this Agreement or any Transaction(s), any monies due and owing shall be paid pursuant to the terms hereof. Any Imbalances in receipts or deliveries shall be corrected to zero balance within sixty (60) Days of the termination of this Agreement. Notwithstanding the termination of this Agreement, provisions respecting liabilities and indemnities which have accrued prior to the effective date of such termination and provisions respecting confidentiality, maintenance of records, audit rights and settlement of accounts, shall continue in full force and effect in accordance with their terms. The Parties shall use their reasonable efforts to make all adjustments and settle all accounts which are outstanding between the Parties as of the effective date of such termination as soon as possible.
Winding Up Arrangements. Upon the expiration of the Parties' sale and purchase obligations under this Agreement, any monies, penalties or other charges due and owing shall be paid, any corrections or adjustments to payments previously made shall be determined, and any refunds due shall be made within 60 Days. Any Imbalances in receipts or deliveries shall be corrected to zero balance within 60 Days. Notwithstanding the preceding provisions of this Article 8.4, all indemnity and confidentiality obligations, audit rights, and any rights and obligations with regard to Taxes pursuant to Article 6 and to Governmental Fees described in the Section entitled 'Transportation' in Appendix "1" shall survive the termination of this Agreement. The Parties' obligations provided in this Agreement shall remain in effect for the purpose of complying herewith.
Winding Up Arrangements. Upon the expiration of the delivery and purchase obligations under this Agreement, any monies or penalties due and owing Seller shall be paid pursuant to the terms hereof, and any corrections or adjustments to payments previously made shall be determined and any refunds due Buyer made at the earliest possible time. Any Imbalances in receipts or deliveries shall be corrected to zero balance within thirty (30) days of Buyer's receipt of Buyer's Transporter's final allocation statement. The Parties' delivery and purchase obligations shall remain in effect solely for the purpose of complying with this paragraph until the obligations under this paragraph have been fulfilled.
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