Performance Until Termination Clause Samples

The "Performance Until Termination" clause requires parties to continue fulfilling their contractual obligations until the agreement is formally terminated. In practice, this means that even if a party has given notice of termination or is in the process of ending the contract, all duties—such as delivering goods, providing services, or making payments—must be carried out as originally agreed until the termination date is reached. This clause ensures continuity and prevents disruption, clarifying that obligations remain in force and helping to avoid disputes over whether performance is required during the notice or wind-down period.
Performance Until Termination. Notwithstanding the delivery of a notice of default or notice of termination by either Party to the other, all obligations to perform services and to pay for such services shall continue in effect and be duly observed and complied with by both Parties until the effective date of termination.
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Performance Until Termination. Before the effective date of expiration or termination of this Agreement for any reason, Horizon shall continue to maintain the sales of the Products in the Territory by servicing customers and performing its obligations hereunder.
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Performance Until Termination. Notwithstanding the delivery of a notice of default or notice of termination by either Party to the other, all obligations to perform Services and to pay for such Services will continue in effect and be duly observed and complied with by both Parties until the effective date of any termination. --------- * ***** Confidential Treatment has been requested for the redacted portions. The confidential redacted portions have been filed separately with the Securities and Exchange Commission.
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Related to Performance Until Termination

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

  • Termination of Employment Agreement Employee and Company hereby acknowledge and agree that the Employment Agreement is hereby terminated and of no further force and effect and except as otherwise set forth herein, Employee shall not be entitled to any payment in the nature of severance, Change of Control or termination pay from the Company, and that the terms set forth herein is in full satisfaction of all obligations owed to Employee.

  • Compensation Upon Termination of Employment If the Executive’s employment hereunder is terminated, in accordance with the provisions of Article III hereof, and except for any other rights or benefits specifically provided for herein to be effective following the Executive’s period of employment, the Company will provide compensation and benefits to the Executive only as follows:

  • Compensation Following Termination In the event that Executive’s employment hereunder is terminated, Executive shall be entitled only to the following compensation and benefits upon such termination:

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.