Upon termination of the Agreement Clause Samples
The "Upon termination of the Agreement" clause outlines the rights, obligations, and procedures that take effect when the contract ends, whether by expiration or early termination. Typically, this clause specifies actions such as the return or destruction of confidential information, settlement of outstanding payments, and cessation of services or deliverables. Its core function is to ensure a clear and orderly conclusion to the contractual relationship, minimizing disputes and clarifying each party’s responsibilities after termination.
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Upon termination of the Agreement. (a) and upon request, each Party shall immediately return to the other Party any materials delivered to it by or on behalf of the other Party which are Confidential Information of the other Party;
(b) all and any licences granted to the Customer under the Agreement shall terminate with immediate effect; and
(c) all amounts payable to the Company by the Customer shall become immediately due and owing. For the avoidance of doubt, no refund of fees paid in advance shall be due in respect of any unexpired portion of the then-current term
Upon termination of the Agreement. 5.1. any sums that were due from IOMED to ELAN prior to the exercise of the right to terminate this Agreement shall be paid in full within sixty (60) days of termination of this Agreement;
5.2. all confidentiality provisions (other than the obligations set out in Article IX Paragraph 1.1, as they effect ELAN in the event of termination of this Agreement by ELAN pursuant to Article VIII Paragraph 3 due to the breach by IOMED) set out in this Agreement shall remain in full force and effect for a period of five years;
5.3. all responsibilities and warranties shall insofar are appropriate remain in full force and effect;
5.4. the rights of inspection and audit shall continue in force for the period referred to in the relevant provisions of this Agreement;
Upon termination of the Agreement. (i) all work in process at the time notice of termination is given shall be terminated as soon as practicable thereafter; (ii) SIEGFRIED’s deliverables obligations pursuant to this AGREEMENT (including any and all outstanding sub-appendices to this AGREEMENT) shall survive with respect to all DEVELOPMENT and PRODUCTION completed as of the effective date of such termination; (iii) SIEGFRIED shall promptly deliver to TARGACEPT any and all PRODUCT in its possession; and (iv) SIEGFRIED may invoice TARGACEPT for its costs, determined as provided herein, (i) for all DEVELOPMENT and PRODUCTION actually performed as of such termination date and (ii) incurred directly to terminate performance hereunder (including, without limitation, any materials necessary to terminate performance, like a reagent) unless TARGACEPT terminates this AGREEMENT for material breach by SIEGFRIED.
Upon termination of the Agreement the Management Committee may approve the division of any Material held by the Operator at that date, which Material may be taken by the Participants in kind or be taken by a Participant in lieu of a portion of its Proportionate Share of the net revenues received from the disposal of the Assets and Property. If the division to a Participant be in lieu, it shall be for such price and on such terms and conditions as the Management Committee may approve.
Upon termination of the Agreement. 5.1. any sums that were due from IOMED to DDS prior to the exercise of the right to terminate this Agreement, shall be paid in full within sixty (60) days of terminate of this Agreement.
5.2. all confidentiality provisions (other than the obligations set out in Article IX Paragraph 1.1. as they affect DDS in the event of termination of this Agreement by DDS pursuant to Article VIII Paragraph 3 due to the breach by IOMED) set out in this Agreement shall remain in full force and effect for a period of five (5) years;
5.3. all responsibilities and warranties shall insofar are appropriate remain in full force and effect;
5.4. the rights of inspection and audit shall continue in force for the period referred to in the relevant provisions of this Agreement;
5.5. termination of this Agreement for any reason shall not release any Party hereto from any liability which, at the time of such termination, has already accrued to the other Party or which is attributable to a period prior to such termination nor preclude either Party from pursuing all rights and remedies it may have hereunder or at law or in equity with respect to any breach of this Agreement;
Upon termination of the Agreement the Customer’s right to use the Software will, subject to clause 0 (if applicable), automatically cease and all licenses granted to the Customer pursuant to the Agreement shall automatically terminate; each Party shall return, within reasonable time of such termination or expiration, all Confidential Information, except as required to comply with any applicable legal or accounting record keeping requirement; TrustBuilder shall return all Customer Data stored in the Software; Customer shall promptly pay TrustBuilder all Fees due to TrustBuilder up to and including the date of termination.
14.1. The Customer acknowledges that the Software and Services are provided "as is" and that other than as set out in clause 15.2, TrustBuilder makes no additional warranties, implied or express (including warranties of merchantability and fitness for a particular purpose). Privacy and Data Protection
15.1. Each Party shall comply with the Data Protection Laws with respect to the processing of the Customer Personal Data. The Customer warrants to TrustBuilder that it has the legal right to disclose all Personal Data that it does in fact disclose to TrustBuilder under or in connection with this Agreement and that the Customer has obtained
Upon termination of the Agreement the Landowner shall immediately thereinafter cease the use of any and all intellectual property rights pertaining or belonging to Poshtel.
Upon termination of the Agreement for any reason, we shall cease processing any Personal Data and shall return all Personal Data to you and any copies thereof, where requested, or shall securely destroy all Personal Data if instructed to do so by you and shall certify that this has been done, unless prevented from doing so by law.
Upon termination of the Agreement all licenses Acronis granted to Member under the Agreement will immediately terminate;
Upon termination of the Agreement. 5.1. any sums that were due from IOMED to DDS prior to the exercise of the right to terminate this Agreement, shall be paid in full within sixty (60) days of terminate of this Agreement.
5.2. all confidentiality provisions (other than the obligations set out in Article IX Paragraph 1.1. as they affect DDS in the event of termination of this Agreement by DDS pursuant to Article VIII Paragraph 3 due to the breach by IOMED) set out in this Agreement shall remain in full force and effect for a period of ****;
5.3. all responsibilities and warranties shall insofar are appropriate remain in full force and effect;
5.4. the rights of inspection and audit shall continue in force for the period referred to in the relevant provisions of this Agreement;
5.5. termination of this Agreement for any reason shall not release any Party hereto from any liability which, at the time of such termination, has already accrued to the other Party or which is attributable to a period prior to such termination nor preclude either Party from pursuing all rights and remedies it may have hereunder or at law or in equity with respect to any breach of this Agreement;
5.6. in the event of termination of this Agreement by DDS or IOMED pursuant to Article VIII Paragraph 3. IOMED and DDS shall promptly return to the other Party all CONFIDENTIAL INFORMATION received from the other Party (except one copy of which may be retained for archival purposes);
5.7. in the event this Agreement is terminated by DDS or IOMED pursuant to Article VIII Paragraph 3, IOMED and its sublicensees shall have the right for a period of **** from termination to sell or otherwise dispose of the stock of any PRODUCTS then on hand, which such sale shall be subject to Article IV and the other applicable terms of this Agreement. The foregoing provisions of this Paragraph shall be subject to the provisions of such agreement or agreements as DDS and one or more sublicensees conclude pursuant to Article II Paragraph 2.4;