Common use of Rights Upon Termination or Expiration Clause in Contracts

Rights Upon Termination or Expiration. In the event that the Agreement is terminated for any reason, or upon its expiration, the University shall retain ownership of all associated work products and documentation obtained from Contractor under the Agreement. Further, the University and the State of Texas shall not be liable to Contractor for any damages, claims, losses, or any other amounts arising from or related to any such termination. However, Contractor may be entitled to the remedies provided in Texas Government Code, Chapter 2260. No later than the first calendar day after the termination of this Agreement, or at the University request, Contractor shall deliver to the University all completed, or partially completed, work and any and all documentation or other products and results of these services.

Rights Upon Termination or Expiration. In the event that the Agreement is terminated for any reason, or upon its expiration, the University shall retain ownership of all associated work products and documentation obtained from Contractor VENDOR under the Agreement. Further, the University and the State of Texas shall not be liable to Contractor VENDOR for any damages, claims, losses, or any other amounts arising from or related to any such termination. However, Contractor VENDOR may be entitled to the remedies provided in Texas Government Code, Chapter 2260. No later than the first calendar day after the termination of this Agreement, or at the University request, Contractor VENDOR shall deliver to the University all completed, or partially completed, work and any and all documentation or other products and results of these services.