Common use of Residual Obligation Upon Termination Clause in Contracts

Residual Obligation Upon Termination. Termination of this Agreement for any reason whatsoever will not release or discharge Lilly or Xxxxxxx from the performance of any obligation or the payment of any debt which may have previously accrued and remains to be performed, paid or discharged, at the date of such termination. However, upon termination no further obligations under this Agreement shall be incurred by Lilly or Xxxxxxx.

Residual Obligation Upon Termination. Termination of this --------------------------------------------------- Agreement for any reason whatsoever will not release or discharge Lilly or Xxxxxxx from the performance of any obligation or the payment of any debt which may have previously accrued and remains to be performed, paid or discharged, at the date of such termination. However, upon termination termination, no further obligations under this Agreement shall be incurred by Lilly or Xxxxxxx.

Residual Obligation Upon Termination. Termination of -------------------------------------------------- this Agreement for any reason whatsoever will not willnot release or discharge Lilly or Xxxxxxx from the performance of any obligation or obligationor the payment of any debt which may have previously accrued and remains to be performed, paid or discharged, at the date of such termination. However, upon termination no further obligations under this Agreement shall be incurred by Lilly or Xxxxxxx.

Residual Obligation Upon Termination. Termination of this --------------------------------------------------- Agreement for any reason whatsoever will not release or discharge Lilly or Xxxxxxx from the performance of any obligation or the payment of any debt which may have previously accrued and remains to be performed, paid or discharged, at the date of such termination. However, upon termination no further obligations under this Agreement shall be incurred by Lilly or Xxxxxxx.