Procedures Following Termination Sample Clauses

Procedures Following Termination. Upon receipt of notice of termination, either for default or convenience, Seller shall immediately discontinue work under this Order and shall, if requested by Buyer, make every reasonable effort to cancel all existing orders, contracts or lower-tier subcontracts upon terms satisfactory to Buyer, and shall thereafter do only such work as may be necessary to preserve and protect work completed or in progress. Following such termination, all claims by Seller shall be given in writing to, and must be received by, Buyer within sixty (60) days of termination notice as dated by Xxxxx.
Sample 1Sample 2
AutoNDA by SimpleDocs
Procedures Following Termination. Following any termination of this Agreement or termination of any services each Party hereto will cooperate with the other Party, at the other Party’s expense, as reasonably necessary to avoid disruption of the ordinary course of the other Party’s and its Affiliates’ businesses.
Sample 1Sample 2
Procedures Following Termination. (a) Upon termination of this Agreement pursuant to Section 16.1(b), Section 28.4 or Section 30.2, the following provisions shall apply: (i) PacifiCorp shall pay to Developer such portion of the Progress Payment as shall be applicable to any Work performed by Developer prior to the effective date of termination of this Agreement consistent with Appendix R; (ii) at PacifiCorp’s option, title (to the extent not already transferred) and risk of loss to some or all of the Site, Equipment, Materials and the Facility shall transfer to PacifiCorp; (iii) PacifiCorp shall be responsible for, as applicable, any transportation, storage and insurance of and for the Equipment, Materials and the Facility for which PacifiCorp has elected to take title; and (iv) Developer shall be entitled to remove during normal working hours all of the Developer’s Equipment that is on the Site, provided that prior to removing any Developer’s Equipment from the Site, Developer shall provide to PacifiCorp a detailed list of Developer’s Equipment to be removed; provided, further, that no equipment shall be Developer’s Equipment unless it is included in the then-current list of Developer’s Equipment approved pursuant to Section 12.1.
Sample 1Sample 2

Related to Procedures Following Termination

  • Payments Following Termination (a) If the Employment is terminated for any reason, either by the Company or by the Executive’s resignation, then the Company shall pay the Executive the following amounts as part of the Company’s next regular payroll cycle but in no event later than thirty (30) days after the Termination Date, to the extent that the same have not already been paid;

  • Survival of Terms Following Termination Upon termination of this Agreement, the following provisions of this Agreement shall survive:

  • Compensation Following Termination In the event that Executive’s employment hereunder is terminated, Executive shall be entitled only to the following compensation and benefits upon such termination:

  • Termination; Survival Following Termination (i) Either party may terminate this Agreement prior to the end of the Agency Period, by giving written notice as required by this Agreement, upon ten (10) Trading Days’ notice to the other party; provided that, (A) if the Company terminates this Agreement after the Agent confirms to the Company any sale of Shares, the Company shall remain obligated to comply with Section 3(b)(v) with respect to such Shares and (B) Section 2, Section 6, Section 7 and Section 8 shall survive termination of this Agreement. If termination shall occur prior to the Settlement Date for any sale of Shares, such sale shall nevertheless settle in accordance with the terms of this Agreement.

  • Fees and Expenses Following Termination (a) If this Agreement is terminated by Parent pursuant to Section 8.03(a), then the Company shall pay to Parent (by wire transfer of immediately available funds), within two (2) Business Days after such termination, a fee in an amount equal to the Termination Fee.

  • Right to Terminate Following Termination Event Sections 6(b)(ii)-(iv) are deleted in their entirety and replaced by the following:

  • Termination Following a Change of Control If the Employee's employment terminates at any time within eighteen (18) months following a Change of Control, then, subject to Section 5, the Employee shall be entitled to receive the following severance benefits:

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

  • Closing Termination The closing of the Transaction (the “Closing”) shall be effective between the Parties as of 12:00 p.m. Eastern Daylight Time on January 6, 2006 (the “Closing Date”). However, in the event that the Parties have not satisfied all of the conditions necessary to Close by the Closing Date including, without limitation, the completion, review and approval of the Disclosure Schedule (hereinafter the “Closing Conditions”) then, in such event, either Party may extend the time period for satisfying such Closing Conditions until 4:00 p.m. Eastern Daylight Time, February 28, 2006 (hereinafter the “Extended Time”) with the understanding and agreement that if the Closing Conditions are completed to the mutual satisfaction of the Parties by the Extended Time that this Transaction shall be effective as of the Closing Date. In the event that the Closing Conditions have not been completed to the mutual satisfaction of the Parties by the Extended Time, this Agreement may be terminated by either Party unless the Parties through their respective legal counsel otherwise agree in writing to an additional extension of time not to exceed ten (10) consecutive days beginning on the day immediately following the Extended Time for satisfying such Closing Conditions. The Closing shall be conducted remotely through the exchange of documents via fax or email with original documents exchanged via overnight, next day delivery by a reputable national courier on the Closing Date or, if the time for satisfying the Closing Conditions has been extended to the Extended Time, on the date on which the Extended Time ends. All deliveries made at the Closing shall be deemed to have been made simultaneously except as one delivery must logically be deemed to precede or follow another.

  • Employment Status Termination Following Change in Control (a) No benefits shall be payable under this Agreement unless there has been a Change in Control of the Company during the Term. You acknowledge that this Agreement does not constitute a contract of employment or impose on the Company any obligation to retain you as an employee. You may terminate your employment at any time, with or without Good Reason. If your employment with the Company terminates for any reason and subsequently a Change in Control shall have occurred, you shall not be entitled to any benefits hereunder.

Time is Money Join Law Insider Premium to draft better contracts faster.