Post-Termination Actions Clause Samples
The Post-Termination Actions clause outlines the obligations and steps that parties must follow after a contract ends or is terminated. Typically, this includes requirements such as returning confidential information, ceasing use of intellectual property, or settling outstanding payments. By specifying these actions, the clause ensures a clear and orderly conclusion to the contractual relationship, minimizing disputes and protecting the interests of both parties after the agreement has ended.
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Post-Termination Actions. Upon expiration or termination of this Agreement, Whitney shall cease selling all EduTrades Products, immediately cease and desist from using or displaying any forms of advertising indicative of EduTrades and/or EduTrades Products, and cease utilizing the Database and/or proprietary information. Contractor shall also comply with all provisions set forth in Article 6.03.
Post-Termination Actions. 9.7.1 Within 45 days after the expiration or termination of this Agreement, whether or not in accordance with this Clause 9, Shurgard shall provide the Company with a final accounting of all transactions theretofore completed. Any amount then owing to Shurgard pursuant to the terms of this Agreement, whether for reimbursement of expenses or on account of its fees hereunder, shall be paid promptly to Shurgard.
9.7.2 Upon expiration or termination of this Agreement, Shurgard shall surrender to the Company and the Subsidiaries custody and possession of the Properties, as well as the books and records of the Company and the Subsidiaries and the books and records relating to the operations of the Properties. All signs utilizing Shurgard Marks (as defined below) and lighthouses shall be removed in accordance with Clause 10.1.
Post-Termination Actions. 10.5.1 Within 45 days after the expiration or termination of this Agreement, whether or not in accordance with this Clause 10, Shurgard shall provide the Company with a final accounting of all transactions theretofore completed. Any amount then owing to Shurgard pursuant to the terms of this Agreement, whether for reimbursement of expenses or on account of its fees hereunder, shall be paid promptly to Shurgard.
10.5.2 If this Agreement expires while the Property and Asset Management Agreement remains in effect, the relationship between the Parties shall as of that time be governed by the terms and conditions of the Property and Asset Management Agreement, without prejudice to Clause 10.5.4 hereof.
10.5.3 Upon expiration or termination of this Agreement together with the Property and Asset Management Agreement, Parties refer to the Clause regarding post termination actions in the Property and Asset Management Agreement, without prejudice to Clause 10.5.4 hereof.
10.5.4 The expiration or termination of this Agreement shall not prejudice the rights and obligations of the Parties which, due to their nature, shall survive the expiration or termination of this Agreement in particular Clauses 10.4, 10.5, 13, 16, 17, 18 and 23.
Post-Termination Actions. Upon expiration or termination of this Agreement for any reason, the parties shall have the following rights and obligations: (i) all unpaid invoices shall automatically become due and payable on the effective date of termination, even if longer terms had been previously provided or allowed; and (ii) upon notice of termination, Forte shall be entitled to withhold any or all credits to IPC’s account for any purchase of Product made by customers who use IPC’s identification code in connection with such purchase, or for whom IPC’s identification code has been stored in Forte’s system.
Post-Termination Actions. Immediately upon termination of a license granted under this ▇▇▇▇, the Licensee must at its own cost (a) cease permitting access to and ensure that all Authorized Users immediately cease all use of the Software, and (b) promptly remove the Software, and any copies of the Software which reside on Licensee’s and its Authorized User computers, mobile devices, or computer network with the exception of using the Software one final time only to export Licensee’s data collected by the Software. For a version of Software that has reached its End-of-Life date, ALM Works’ obligations for such Software version, including but not limited to Support and Maintenance obligations, cease on the End-of-Life date.
Post-Termination Actions. The following provisions apply to this Exhibit generally (in the event of termination in its totality) and to the Company’s activities in particular locations only (in the event of termination of Company’s authorization to act in a given location). Upon termination:
(a) Company will immediately cease and desist from marketing or distributing Products and Services under authority from Sun, and will (i) return or, if agreed to by Sun, destroy all tools, materials and other Sun property provided to Company, at Company’s expense, within thirty (30) days, (ii) immediately pay all amounts due and owing, and (iii) promptly notify Sun of the Products in Company’s inventory, as well as the net invoice price and an estimate of the then fair market value of such inventory;
(b) Sun will have the right of first refusal to repurchase Products in Company’s inventory at the lower of net invoice price or the then fair market value, as may be adjusted for any amounts due but unpaid pursuant to section 9.3(a)(ii). Sun may exercise this right by providing Company with written notice of its election to do so within fifteen (15) days following the date that Company complies with section 9.3(a)(iii). Except where termination is by Sun for breach, and subject to the terms and obligations of this Agreement, during the ninety (90) day period following termination, Company may sell and/or license under the terms of this Exhibit any products that Sun does not elect to repurchase.
(c) Sun will have the right to cancel by written notice all or part of any unfulfilled Order previously accepted by Sun. To the extent that Sun does not cancel any such Order, the terms of this Agreement shall apply to it.
Post-Termination Actions. Upon the effective date of termination Healthcare Provider shall return to Insulin Pumpers any Products and any Documentation in its possession that have not been provided to Patients under Section 2.
Post-Termination Actions. Upon termination in accordance with this Article, Owner’s Representative agrees to (i) deliver all Contract Documents in Owner’s Representative’s possession, and
Post-Termination Actions. Upon expiration or termination of this Agreement for any reason, the parties shall have the following rights and obligations:
(i) The Due Date of all outstanding invoices for the Products shall automatically accelerate so that they become due and payable on the effective date of termination, even if longer terms had been previously provided.
(ii) All orders or portions thereof not shipped as of the effective date of termination shall automatically be canceled, provided that Supplier shall furnish Products in accordance with any of Distributor orders outstanding to its customers prior to the date of notification of such termination that do not call for delivery of Products beyond sixty (60) days from the date of such notification.
Post-Termination Actions. Upon any termination of this Agreement, the parties will take such action as may be reasonably necessary to wind up their relevant business together in a responsible manner, each at its own expense unless otherwise agreed in writing.