Consequences Upon Termination Clause Samples
The "Consequences Upon Termination" clause defines what happens to the rights and obligations of the parties when an agreement is ended. Typically, it outlines which provisions survive termination, such as confidentiality or payment obligations, and details the process for returning property or information. This clause ensures both parties understand their responsibilities after the contract ends, helping to prevent disputes and clarify ongoing duties.
Consequences Upon Termination. Upon termination or expiration of this Agreement for any reason, (a) the parties shall cease all advertising and marketing of the Client eStore; (b) Company shall cease operation of the Client eStore; (c) Client shall immediately cease use of Company’s Intellectual Property Rights, (d) Client shall immediately return to Company, all property, equipment and materials provided to Client by Company, and (e) Company shall immediately return to Client Materials provided to Company (although Company shall be permitted to keep one copy of such Client Materials solely for record-keeping purposes).
Consequences Upon Termination. Upon expiration or termination of this Agreement for any reason:
Consequences Upon Termination. 21.1 IMMEDIATELY UPON TERMINATION. Immediately upon expiration or any termination of this Agreement, Licensee shall:
(a) cease all use of the Sears Trademark and otherwise comply with the requirements of Section 3.15, and remove from Licensee's own premises and/or the Licensed Departments and return to Sears, all signs, work orders, invoices and related documentation bearing the Sears Trademark or any other Sears identification, failing which Owner or Sears shall have the right to enter any of Licensee's premises to do so, at Licensee's sole cost;
(b) return to Sears, or as Sears may direct, all Sears property, including but not limited to all Sears Confidential Information, employee identification cards, Sears merchandise, forms, signing, operating guides, sales and distribution reports;
(c) transfer to Sears, or as Sears may direct, all Customer goods and Customer contracts which are outstanding as at the date of expiration or other termination;
(d) cease to use all listed telephone and facsimile numbers used for the operation of the Concession transfer such numbers to Sears or as Sears may direct, and notify the telephone company of the transfer. Licensee hereby appoints Sears as its true and lawful attorney in fact, for it and in its name, place and stead to execute and deliver any and all documents and instruments as may be required to transfer such telephone and facsimile numbers to Sears or as Sears may direct; and,
(e) Licensee shall at its sole expense remove all of Licensee's inventory, furniture, fixtures, equipment and supplies from any Designated Store, and Licensee shall, without delay and without any expense to Owner or Sears whatsoever, repair any damage to the premises caused by such removal and surrender the Licensed Departments to Sears in good condition and repair, ordinary wear and tear excepted. Licensee acknowledges and agrees that, failure by the Licensee to remove its inventory, furniture, fixtures, equipment, and supplies, within the seven (7) days immediately following the date of expiration or any termination of this Agreement for any reason, shall constitute abandonment of such Licensee's assets, including without limitation, all inventory, furniture, fixtures, equipment and supplies and Sears may, at Sears exclusive option, and at Licensee's sole cost and risk, and without any liability whatsoever to Licensee dispose of the Licensee's assets including without limitation all inventory, furniture, fixtures, equipment and supplie...
Consequences Upon Termination. Termination of the Employee’s appointment hereunder shall be without prejudice to any rights which have accrued to the Company at the time of termination or to such provisions of this Agreement which by their nature are intended to survive the termination of this Agreement. Without prejudice to the generality of the foregoing, the Employee agrees and acknowledges that his obligations under Clauses 4.7 and 4.8 shall survive any termination of his employment.
Consequences Upon Termination. Upon the expiration or termination of this Agreement for any reason whatsoever, the License granted to COMPANY herein shall immediately terminate in its entirety and COMPANY shall promptly: (I) remove the Input Page(s) from the COMPANY Site(s); (ii) cease linking and directing End-Users to the Output Page(s); and (iii) return to ▇▇.▇▇▇ the original and all copies of the Software. COMPANY shall certify in writing its compliance with the foregoing. Each Party shall also promptly return all Confidential Information of the other Party provided to it, except as otherwise provided in this Agreement.
Consequences Upon Termination. Upon the termination of this Agreement, for any reason, whatsoever, GROUP shall immediately cease any and all use of the MARKS and discontinue the provision of all RTP Reactor and Product in association with the MARKS. If applicable, GROUP shall also immediately change its business name to delete the MARKS, or any of them, from its name. Further, following termination, GROUP shall not do anything inconsistent with the validity of the MARKS or inconsistent with ENSYN’S ownership of the MARKS. Without limitation, GROUP shall not use any of the MARKS, or any word or design which may be confused with any of the MARKS, either as a trade-m▇▇▇ or a trade name, or as an element in a trade-m▇▇▇ or a trade name.
Consequences Upon Termination. Upon the termination of this ▇▇▇▇ for any reason, (a) your User License to access and use the BLADE Platform shall immediately and automatically terminate, (b) you shall cease all access to and use of the BLADE Platform, (c) you shall not thereafter use, advertise, or display any Pricefx’s Intellectual Property Rights, and (d) upon Pricefx’s request, you shall certify to Pricefx your compliance with this section in writing.
Consequences Upon Termination. 16.1 Upon termination of the Employee’s employment with the Company for any reason whatsoever, the Employee shall not later than the effective date of termination:
(i) Handover charge to such person or persons as may be nominated by the Company in that behalf, and
(ii) Surrender to the management of the Company or any person nominated/authorized by it, all original and copies of business documents, blueprints, reproductions or any data, tables, calculations, diaries, notes or books and correspondence either addressed to the Employee by the Company or received by the Employee for and on behalf on the Company and all property (i.e. residential premises, keys, software, computer, vehicle, mobile phone and sim card, documents etc.) owned by the Company and in the possession or custody of the Employee pertaining to or connected with the business of the Company or any subsidiary, associate or affiliate of the Company.
16.2 Without prejudice to the Company’s other rights and remedies, the Company shall be entitled to deduct from the Employee’s emoluments, the amount of any claims, if any, which the Company may have against the Employee.
Consequences Upon Termination. (a) In the event this Agreement is terminated for reasons other than a non-monetary default, ETC shall continue to have the rights in Paragraph 2.6 and Manufacturer will continue to provide the Network Services set forth in Paragraph 8.0 to ETC for each DVM purchased hereunder and operating at a point of sale location for a period of one hundred eighty (180) days from the date of termination, provided ETC complies with each of the following conditions:
(i) Perform all of the duties and responsibilities as set forth in Paragraph 2.1; and
(ii) Pay all monies due Manufacturer under this Agreement, including, without limitation, the fees due under Paragraphs 3.5(a) and 8.2.
(b) Notwithstanding any provision herein to the contrary, in the event Manufacturer's existing licensing agreement with The Orchard, LLC as set forth in Paragraph 8.4 is terminated or not renewed, Manufacturer has the right, upon thirty (30) days advance written notice to ETC, to terminate, without any liability, the Network Services to be provided in Paragraph 8.0 of this Agreement.
Consequences Upon Termination. 9.1 Upon expiration of the termination notice of this Agreement, the Reseller shall