Common use of Upon the termination Clause in Contracts

Upon the termination. 12.1.1. each Party undertakes to complete any transaction already initiated at the effective date of termination; 12.1.2. the Parties each agree to take all reasonable steps to ensure that the phasing out of the arrangements envisaged by this Agreement is implemented in an efficient manner and without adverse effect on the Client or on the business or reputation of the Parties; 12.1.3. if, any amount is payable by the Client to AIX CSD, the Client shall pay such amount in accordance with the terms of this Agreement and AIX CSD Fees Schedule if applicable.

Upon the termination. 12.1.1. each Party undertakes to complete any transaction already initiated at the effective date of termination; 12.1.2. the Parties each agree to take all reasonable steps to ensure that the phasing out of the arrangements envisaged by this Agreement is implemented in an efficient manner and without adverse effect on the Client or on the business or reputation of the Parties; 12.1.3. if, any amount is payable by the Client to AIX CSD, the Client shall pay such amount in accordance with the terms of this Agreement and AIX CSD Fees Schedule if applicableSchedule.