Common use of Transactions After Termination Clause in Contracts

Transactions After Termination. SECTION 6.01 Any termination of this Agreement shall not release each party from paying to the other party any amount which may then be owed. In the event of any termination of this Agreement, all obligations owed by each party to the other party and/or to its affiliates shall become immediately due and payable on the effective date of termination whether otherwise then due or not. SECTION 6.02 Upon termination of this Agreement. COMPANY shall return to SUPPLIER , at COMPANY’s expense, promptly and without charge (except as hereinafter provided) all Products and parts books, price lists, maintenance manuals, parts and service policy manuals, service bulletins, parts cross reference manuals, sales aids, and other publications of SUPPLIER relating to Products or parts which COMPANY has on hand. Upon termination of this Agreement, COMPANY shall terminate any registration it has made in any country as a COMPANY of SUPPLIER. Upon termination of this Agreement, COMPANY shall return to SUPPLIER, each sign having any SUPPLIER name or trademark (whether or not any such material or signs have been paid for in full by COMPANY) and COMPANY will discontinue all advertising of such Products and parts and remove from COMPANY’s place of business, at COMPANY’s expense, all reference to SUPPLIER’s names and trademarks.