Consequences on Termination. In the event this Agreement --------------------------- expires or is terminated in accordance with this Article VI, then (a) Armkel shall promptly cease all Manufacturing Services, and shall cause its Affiliates to do so, and shall transfer back to C&D all works in progress and finished goods and associated raw materials, (b) each of Armkel and C&D shall promptly return all Confidential Information received from the other Party in connection with this Agreement, without retaining a copy thereof, (c) each of Armkel and C&D shall promptly honor all credits and make any accrued and unpaid payment to the other Party as required pursuant to the terms of this Agreement, including payments for all works in progress, finished goods and raw materials, (d) C&D shall remove its Equipment from the Facility as contemplated by Section 3.3 hereof, and (e) each Party shall continue to be subject to and responsible for its accrued but unperformed obligations and any liabilities in respect of its prior breach hereof.
Appears in 1 contract
Sources: Manufacturing Agreement (Armkel LLC)
Consequences on Termination. In the event this Agreement expires --------------------------- expires or is terminated in accordance with this Article VI, then (a) Armkel C&D shall promptly cease all Manufacturing Services, and shall cause its Affiliates to do so, and shall transfer back to C&D Armkel all works in progress and finished goods and associated raw materials, (b) each of C&D and Armkel and C&D shall promptly return all Confidential Information received from the other Party in connection with this Agreement, without retaining a copy thereof, (c) each of C&D and Armkel and C&D shall promptly honor all credits and make any accrued and unpaid payment to the other Party as required pursuant to the terms of this Agreement, including payments for all works in progress, finished goods and raw materials, (d) C&D Armkel shall remove its Equipment from the Facility as contemplated by Section 3.3 hereof, and (e) each Party shall continue to be subject to and responsible for its accrued but unperformed obligations and any liabilities in respect of its prior breach hereof.
Appears in 1 contract
Sources: Manufacturing and Distribution Agreement (Armkel LLC)