Rights and Responsibilities Upon Termination Sample Clauses

Rights and Responsibilities Upon Termination. In the event of termination of the Agreement or any Service hereunder, the rights and responsibilities of the parties shall continue through any applicable settlement period, including Client’s responsibility to pay Bank for Service(s) rendered, and to maintain a reserve account with respect to transactions processed (“Reserve Account”), prior to the effective date of termination. If this Agreement, or any Service, is terminated by Bank, Bank may accelerate all amounts due and to become due under this Agreement, and Client shall promptly make full payment to Bank of all amounts due and amounts incurred under this Agreement. If Client utilizes the Remote Deposit Capture Services, termination of this Agreement for any reason shall automatically terminate the limited license to the Processing Software granted in the Remote Deposit Capture Services provision, and Bank has the right to demand immediate return of the Processing Software, the Equipment and all Documentation. In the event that Client fails to immediately return such items upon the written demand of Bank, Bank shall have the authority to enter the premises of Client to remove such items.
AutoNDA by SimpleDocs
Rights and Responsibilities Upon Termination. In the event of termination of this Agreement, Employer will immediately notify each covered group member of the termination date. Termination of this Agreement for any reason shall not affect the rights or obligations of either party which arise prior to the date of termination.
Rights and Responsibilities Upon Termination. 1. Upon termination as described in Article IV.B, the rights of each party hereunder shall terminate, provided, however, that such action shall not release Medical Services Entity or Corporation from their obligations with respect to:
Rights and Responsibilities Upon Termination. In the event of termination of the Agreement or any Service hereunder, the rights and responsibilities of the Party shall continue through any applicable settlement period including Customer’s responsibility to pay Bank for Service(s), and to maintain a Reserve Account as otherwise stated in this Agreement, with respect to transactions processed prior to the effective date of termination. If this Agreement, or any Service, is terminated by Bank, Bank may accelerate all amounts due and to become due under this Agreement, and Customer shall promptly make full payment to Bank of all amounts due and amounts incurred under this Agreement. If Customer utilizes Digital Deposits, termination of this Agreement for any reason shall automatically terminate the limited license to the Processing Software granted in the Digital Deposits Section, and Bank has the right to demand immediate return of the Processing Software, the Processing Equipment and all Documentation (as those terms are defined in the Digital Deposits Section). In the event that Customer fails to immediately return such items upon the written demand of Bank, Bank shall have the authority to enter the premises of Customer to remove such items.
Rights and Responsibilities Upon Termination. In the event of termination of the Agreement or any Service hereunder, the rights and responsibilities of the parties shall continue through any applicable settlement period including the Customer’s responsibility to pay the Bank for Service(s), and to maintain a Reserve Account as otherwise stated in this Agreement, with respect to transactions processed prior to the effective date of termination. If this Agreement, or any Service, is terminated by Bank, Bank may accelerate all amounts due and to become due under this Agreement, and Customer shall promptly make full payment to Bank of all amounts due and amounts incurred under this Agreement. Bank shall not be liable to Customer for any losses or damages Customer may incur as a result of termination of this Agreement or any Service.
Rights and Responsibilities Upon Termination. Upon termination of this Agreement all obligations of the parties hereunder shall terminate except (a) the obligation of each party to promptly pay when due all amounts owed to the other; (b) the indemnification obligations of the parties under Section 16; and (c) the non-disclosure obligations under Section 14.
Rights and Responsibilities Upon Termination. In the event of termination of this Contract, the City will immediately notify each covered group member of the termination date. Termination of this Contract for any reason shall not affect the rights or obligations ofeither party which arise prior to the date of termination.
AutoNDA by SimpleDocs

Related to Rights and Responsibilities Upon Termination

  • Certain Duties and Responsibilities (a) Except during the continuance of an Event of Default,

  • ASSOCIATION RIGHTS AND RESPONSIBILITIES The Association shall have, in addition to other rights expressly set forth or provided by statute, the following rights:

  • Certain Duties and Responsibilities of Trustee (a) The Trustee, prior to the occurrence of an Event of Default with respect to the Securities of a series and after the curing of all Events of Default with respect to the Securities of that series that may have occurred, shall undertake to perform with respect to the Securities of such series such duties and only such duties as are specifically set forth in this Indenture, and no implied covenants shall be read into this Indenture against the Trustee. In case an Event of Default with respect to the Securities of a series has occurred (that has not been cured or waived), the Trustee shall exercise with respect to Securities of that series such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.

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