Common use of Actions After Termination Clause in Contracts

Actions After Termination. Upon termination of this Agreement pursuant to Sections 8.2 or 8.3 above, Professional Entity shall pay to Management Services Provider any and all sums then accrued as Management Fees. Management Services Provider and Professional Entity acknowledge that the termination of this Agreement could affect the provision of adequate Clinical Dental Care by the Professional Entity. Accordingly, upon the termination of this Agreement, Professional Entity shall be permitted to continue the use of any supplies, software or any other property (hereafter, “Property) provided by the Management Services Provider herein beyond the termination of this Agreement for up to six months [or another commercially-reasonable period of transition agreed upon by the parties] (“transition period”) provided that (i) Professional Entity determines in its sole professional judgment that continued use of said Property is necessary to maintain the standard of care to the patients of the Dental Practice; (ii) Professional Entity uses reasonable efforts to procure an alternative source of said Property during the transition period; and (iii) Professional Entity pays the Management Services Provider consistent with the terms of this Agreement on a pro-rata basis for the use of said Property beyond the termination of this Agreement and during the transition period. Additionally, both Parties agree that they will take all reasonable steps necessary to ensure the continuity of care for all the Professional Entity’s patients, upon the termination of this agreement by either Party.”

Actions After Termination. Upon termination of this Agreement pursuant to Sections 8.2 or 8.3 above, Professional Entity shall pay to Management Services Provider any and all sums then accrued as Management Fees. Management Services Provider and Professional Entity acknowledge that the termination of this Agreement could affect the provision of adequate Clinical Dental Care by the Professional Entity. Accordingly, upon the termination of this Agreement, Professional Entity shall be permitted to continue the use of any supplies, software or any other property (hereafter, “Property") provided by the Management Services Provider herein beyond the termination of this Agreement for up to six months [or another commercially-commercially- reasonable period of transition agreed upon by the parties] (hereafter, “transition period”) provided that (i) Professional Entity determines in its sole professional judgment that continued use of said * This is an example management services agreement that the Dental Board has reviewed and deemed compliant with the Dental Laws, as defined herein. Other agreements, or variations of provisions herein, also may be compliant. However, if provisions of this example agreement are excerpted and incorporated in an agreement with provisions that are not compliant, then that agreement may not comply with the Dental Laws. Revised May 2020. Property is necessary to maintain the standard of care to the patients of the Dental Practice; (ii) Professional Entity uses reasonable efforts to procure an alternative source of said Property during the transition period; and (iii) Professional Entity pays the Management Services Provider consistent with the terms of this Agreement on a pro-rata basis for the use of said Property beyond the termination of this Agreement and during the transition period. Additionally, both Parties agree that they will take all reasonable steps necessary to ensure the continuity of care for all the Professional Entity’s patients, upon the termination of this agreement by either Party.”