Common use of Actions Upon Termination Clause in Contracts

Actions Upon Termination. Upon the termination of this Agreement, Issuer shall remove all references to any DriveWealth Name, Branding and Content from the Issuer Site or Issuer Content (except for historical content and references contained in SEC filings) and terminate all links on the Issuer Site to any DriveWealth Site. DriveWealth shall remove all references to Issuer Name, Branding and Content from the DriveWealth Site or DriveWealth Content and terminate all links on the DriveWealth Site to any Issuer Site. Each Party shall promptly return or destroy (with certification of destruction) all Confidential Information, documents, manuals and other materials stored in any form or media (including but not limited to electronic copies) belonging to any other Party, except as may be otherwise provided in this Agreement or required by Applicable Laws and Rules. Notwithstanding the foregoing, each Party shall only be required to use its commercially reasonable efforts to remove, erase or destroy any Confidential Information stored in automatic electronic archival systems. DriveWealth shall deliver to Issuer or its designee an electronic copy of the Books and Records pertaining to the Securities, which Issuer and its Affiliates shall have a perpetual, royalty-free license to use for any reason they see fit in compliance with Applicable Laws and Rules.

Appears in 7 contracts

Sources: Custody Agreement (RSE Portfolio, LLC), Custody Agreement (RSE Collection, LLC), Custody Agreement (RSE Portfolio, LLC)

Actions Upon Termination. Upon the termination of this Agreement, Issuer shall remove all references to any DriveWealth Name, Branding and Content from the Issuer Site or Issuer Content (except for historical content and references contained in SEC filings) and terminate all links on the Issuer Site to any DriveWealth Site. DriveWealth shall remove all references to Issuer Name, Branding and Content from the DriveWealth Site or DriveWealth Content and terminate all links on the DriveWealth Site to any Issuer Site. Each Party shall promptly return or destroy (with certification of destruction) all Confidential Information, documents, manuals and other materials stored in any form or media (including but not limited to electronic copies) belonging to any the other Party, except as may be otherwise provided in this Agreement or required by Applicable Laws and Rules. Notwithstanding the foregoing, each Party shall only be required to use its commercially reasonable efforts to remove, erase or destroy any Confidential Information stored in automatic electronic archival systems. DriveWealth shall deliver to Issuer or its designee an electronic copy of the Books and Records pertaining to the Securities, which Issuer and its Affiliates shall have a perpetual, royalty-free license to use for any reason they see fit in compliance with Applicable Laws and Rulesapplicable Laws.

Appears in 2 contracts

Sources: Custody Agreement (RSE Collection, LLC), Custody Agreement (RSE Archive, LLC)

Actions Upon Termination. Upon the termination of this Agreement, Issuer shall remove all references to any DriveWealth Name, Branding and Content from the Issuer Site or Issuer Content (except for historical content and references contained in SEC filings) and terminate all links on the Issuer Site to any DriveWealth Site. DriveWealth shall remove all references to Issuer Name, Branding and Content from the DriveWealth Site or DriveWealth Content and terminate all links on the DriveWealth Site to any Issuer Site. Each Party shall promptly return or destroy (with certification of destruction) all Confidential Information, documents, manuals and other materials stored in any form or media (including but not limited to electronic copies) belonging to any other Party, except as may be otherwise provided in this Agreement DocuSign Envelope ID: 839A5F5C-4F70-44A9-B8E8-5C79C5358374 or required by Applicable Laws and Rules. Notwithstanding the foregoing, each Party shall only be required to use its commercially reasonable efforts to remove, erase or destroy any Confidential Information stored in automatic electronic archival systems. DriveWealth shall deliver to Issuer or its designee an electronic copy of the Books and Records pertaining to the Securities, which Issuer and its Affiliates shall have a perpetual, royalty-free license to use for any reason they see fit in compliance with Applicable Laws and Rules.

Appears in 1 contract

Sources: Custody Agreement (RSE Innovation, LLC)