Termination Consequences Sample Clauses
The Termination Consequences clause defines the rights and obligations of the parties when a contract is ended, whether by expiration or early termination. It typically outlines what happens to outstanding payments, the return or destruction of confidential information, and the handling of any ongoing obligations or liabilities. By clearly specifying these post-termination steps, the clause ensures a smooth transition and minimizes disputes by clarifying each party’s responsibilities after the contract ends.
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Termination Consequences. In the event of this agreement being determined whether by effluxion of time Notice breach or otherwise:
Termination Consequences. If this Agreement is terminated for any reason, Company shall not be excused from performing its obligations under this Agreement with respect to payment for all monies due Jabil hereunder including fees, costs and expenses incurred by Jabil up to and including the Termination Effective Date.
Termination Consequences. 6.1 Should the Customer not wish to renew any Service Area then the Customer shall provide Entrust with no less than three (3) months written notice prior to the renewal date. For example, where the Customer elects for the Services to be supplied for 3 years and does not wish to renew the Service the Customer shall provide Entrust not less than three (3) months written notice which shall be not less than 3 months prior to the third anniversary of the Services commencement date.
6.2 Should the Customer choose to terminate a Service Area or all Services pursuant to clause 6.1 and/or where the Customer fails to provide notice in accordance with Clause 6.1 then Entrust, may, at its sole discretion invoice the Customer for:
6.2.1 the charges relating to any notice period calculated on a pro-rata monthly basis, unless otherwise stated as a Special Condition; and
6.2.2 the balance of any outstanding investment sums made by Entrust and not recovered by Entrust prior to the date of termination; and
6.2.3 the savings granted (past, present and future) to the Customer by Entrust for commitment to a multi-year service period and any other discounts provided; and
6.2.4 all the consequential losses and costs of including, but not limited to, unamortised costs, sunk costs, exit costs, staffing costs, pensions or redundancy costs; and
6.2.5 loss of profit incurred by Entrust as a consequence of the termination.
6.3 Either party may terminate these terms and conditions on giving written notice to the other if the other party is in material breach of this Agreement and has failed to rectify such breach (in the case of a breach capable of being remedied) within 30 days of receiving a written notice requiring it to do so. Failure by the Customer to make timely payment against properly submitted invoices shall constitute a material breach of these terms and conditions and, without prejudice to any other rights, Entrust, in addition to Clause 2.3.3, reserves the right to suspend services immediately and without penalty.
6.4 These terms and conditions may be terminated in the event that either party shall have a liquidator, administrator, or receiver appointed, or it passes a resolution for winding up other than for the purposes of a bona fide, solvent reorganisation or restructuring, or if it becomes subject to an administration order.
6.5 Upon termination of this Agreement for any reason:
6.5.1 the Customer shall immediately pay to Entrust all of Entrust's due, valid and unpai...
Termination Consequences. If this Agreement is terminated pursuant to Section 8.2, all further obligations of the parties under this Agreement shall terminate, except that the obligations in Sections 2.7(d), 8.3, 8.4 and 16.16 shall survive.
Termination Consequences. On the termination of this Agreement for any reason:
22.1 Clauses that are necessary for the enforcement or interpretation of this Agreement shall survive, which shall include clauses relating to confidentiality and protection of Intellectual Property Rights; and
22.2 Subject as otherwise provided in this Agreement and to any rights or obligations which have accrued prior to termination, neither party shall have any further obligation to the other under this Agreement.
Termination Consequences. Upon termination of this Addendum:
Termination Consequences. If this Agreement is terminated pursuant to Section 8.1, (a) all further obligations of the Parties under this Agreement shall terminate, except that the obligations in Sections 5.4 (Confidentiality), 12.4 (Governing Law), 12.8 (Confidentiality and Publicity), and 12.10 (Expenses and Attorneys’ Fees) shall survive, (b) each Party shall pay the costs and expenses incurred by it in connection with this Agreement, except as provided in Section 12.10, and (c) nothing shall prevent any Party hereto from pursuing any of its legal rights or remedies that may be granted to any such Party by law against any other Party to this Agreement.
Termination Consequences. 15.3.1 If this Agreement is terminated for any reason, Company shall not be excused from performing its obligations under this Agreement with respect to payment for all monies due Jabil hereunder in connection with activities occurring prior to termination or expiration of this Agreement including fees, costs and expenses incurred by Jabil up to and including the effective date of such termination or expiration in accordance with this Agreement. The following Sections 3.8, 3.10.4, 4.4.3, 4.6, 5.1, 5.3, 5.4, 5.5, 5.6, 5.7, 5.8, 6, 7, 8, 10.2, 13, 15.3, 15.4, 16, 17.1, 17.2, 17.3, 17.4, 18, 19, 23 and 25 shall survive the expiration, cancellation or termination of this Agreement.
15.3.2 All Purchase Orders acknowledged by Jabil prior to the Termination Effective Date will be fulfilled pursuant to and subject to the terms of this Agreement, even if the delivery dates of Products under such Purchase Orders are after such Termination Effective Date, not to exceed ninety (90) days from said Termination Effective Date. The provisions of Section 3.9 shall not apply to deliveries made after the Termination Effective Date.
Termination Consequences. In the event of this agreement being determined whether by effluxion of time, notice, breach or otherwise:
13.1 The Employer shall immediately pay to the Contractor:
13.1.1 All arrears of Payments and any other sums due under the terms of this Agreement, and
13.1.2 All further sums which would but for the determination of this Agreement have fallen due at the end of the Services.
13.2 Either party shall be entitled to exercise any one or more of the rights and remedies given to it under the terms of this agreement and the determination of this agreement shall not affect or prejudice such rights and remedies and each party shall be and remain liable to perform all outstanding liabilities under this agreement notwithstanding that the other may have exercised one or more of the rights and remedies against it.
13.3 Any right or remedy to which either party is or may become entitled under this agreement or in consequence of the other’s conduct may be enforced from time to time separately or concurrently with any right or remedy given by this agreement or now or afterwards provided for and arising by operation of law so that such rights and remedies are not exclusive of the other or others but are cumulative.
Termination Consequences. 17.1 In the event of the Contract being terminated for any of the reasons contained in Clause 16.2 above the Council will:
(a) cease to be under any obligation to make further payment until the costs, loss and/or damage resulting from or arising out of the termination of the Consultant's engagement shall have been calculated; and
(b) be entitled to employ and pay other persons to provide and complete the provision of the Services or any part thereof; and
(c) be entitled to deduct from any sum or sums that would but for this Clause 17 have been due from the Council to the Consultant under this Contract or any other contract or agreement, or be entitled to recover the same from the Consultant as a debt, together with any consequent loss or damage to the Council. Such loss or damage will include the reasonable costs to the Council of the time spent by its officers in terminating the Contract, and in making alternative arrangements for the provision of the Services or any part thereof.
17.2 The rights of the Council under this Clause 17 are in addition to and without prejudice to any other rights the Council may have against the Consultant.
17.3 In the event that the Consultant terminates the Contract under the provisions of Clause 16.3(a) it shall be entitled to recover its reasonable expenses from the Council of recovering its unpaid invoices.
17.4 In the event that the Consultant terminates the Contract under the provisions of Clause 16.3(b) it shall provide the Council with reasonable assistance at its own cost in implementing an orderly transition to a new Consultant.
17.5 The termination of the Contract, howsoever arising, will be without prejudice to any rights or obligations theretofore accrued or to any provisions which are expressed to be performed after or to survive the termination of this Contract.