Actions to be Taken Upon Termination. Upon a Termination of this Agreement, the following shall be applicable:
Actions to be Taken Upon Termination. Upon a Termination, the following shall be applicable:
Actions to be Taken Upon Termination. Upon a Termination of this Agreement as to a Hotel, the following shall be applicable:
Actions to be Taken Upon Termination. Unless otherwise specifically provided in this Agreement, the Termination of this Agreement shall not affect the rights of either party with respect to liability or claims that accrued, or that arise out of events occurring, on or prior to the date of the Termination, or with respect to specific rights which the Agreement provides shall survive Termination. Upon a Termination of this Agreement, the following shall be applicable:
Actions to be Taken Upon Termination. Concessionaire will promptly settle its account with the NAFI, including payment in full of all amounts due, yield up the facilities and all NAFI furnished property, clean and leave premises in as good order and condition as when received (exceptions are damages due to acts of God or the US Government, and ordinary wear and tear); surrender all installation passes, decals, and so forth, and complete satisfactory settlement of all customer complaints and claims. Termination of the Concessionaire contract does not release the Concessionaire from the obligation to satisfactorily settle customer complaints and claims. The Concessionaire will promptly remove all Concessionaire owned fixtures and supplies. On failure to remove the Concessionaire’s property, the Contracting Officer may cause Concessionaire’s property to be removed and stored in a warehouse at the Concessionaire’s expense. If the Concessionaire is indebted to the NAFI, the Concessionaire authorizes and empowers the Contracting Officer to take possession of the Concessionaire’s property and dispose of same by public sale without notice, and out of the proceeds of sale, satisfy all costs and indebtedness to NAFI.
Actions to be Taken Upon Termination. Upon termination of this Agreement and payment of any Base Fee, Incentive Fee, Termination Fee and reimbursements due under Section 3.02, in addition to all other provisions of this Agreement, the following will apply:
Actions to be Taken Upon Termination. Upon the termination of his employment, the Executive shall deliver to Vaxcel all credit cards issued to him by Vaxcel and all manuals, notebooks, reports, correspondence and other materials relating to the business or affairs of Vaxcel which are in the possession or control of the Executive. The Executive shall be entitled to all remuneration accrued but unpaid up to the effective date of the termination of his employment, but Vaxcel shall have no liability to compensate the Executive for any period following such date, except as specifically set forth in Section 4.04 or 4.05.
Actions to be Taken Upon Termination. (a) Manager shall, within thirty (30) days after Termination of this Agreement, prepare and deliver to Owner a final accounting statement with respect to the Hotel, as more particularly described in Section 4.01(b) hereof, along with a statement of any sums due from Owner to Manager pursuant hereto, dated as of the date of Termination. Within thirty (30) days of the receipt by Owner of such final accounting statement, the parties will make whatever cash adjustments are necessary pursuant to such final statement. The cost of preparing such final accounting statement shall be a Deduction, unless the Termination occurs as a result of a Default by either party, in which case the defaulting party shall pay such cost. Manager and Owner acknowledge that there may be certain adjustments for which the information will not be available at the time of the final accounting and the parties agree to readjust such amounts and make the necessary cash adjustments when such information becomes available; provided, however, that all accounts shall be deemed final as of the first (1st) anniversary of the effective date of Termination, unless tolled by the pendency of litigation or arbitration. Owner may, at any time after the first (1st) anniversary of the effective date of termination but prior to the third (3rd) anniversary of the effective date of Termination, cause Manager's final accounting statement to be audited. The cost of such audit shall be borne by Owner, unless such audit results in a supplemental payment by Manager to Owner of three percent (3%) or more of the amount of Gross Receipts shown in the final accounting statement, in which event the cost of such audit or review shall be paid for by Manager from Manager's own accounts.
