Termination; Cooperation Clause Samples
The 'Termination; Cooperation' clause defines the conditions under which a contract may be ended and outlines the parties' obligations to assist each other during and after the termination process. Typically, this clause specifies the procedures for giving notice of termination, the responsibilities for returning confidential information or property, and the requirement for both parties to work together to ensure a smooth transition or wind-down of activities. Its core function is to provide a clear framework for ending the contractual relationship while minimizing disruption and ensuring that both parties fulfill any remaining duties.
Termination; Cooperation. Upon the termination or expiration of this License Agreement, the Parties will cooperate with one another to provide for an orderly wind-down of the transactions contemplated in this License Agreement.
Termination; Cooperation. (a) This Agreement may be terminated by the Purchaser if the Closing has not been consummated on or before November 10, 2009.
(b) From the date hereof until the Closing Date, SMSA will cooperate, and will cause its officers, directors, agents and advisers to cooperate, with the Purchaser on any due diligence investigation of SMSA, its business, officers and directors, and SMSA will promptly notify (or cause to be notified) the Purchaser of any material event or events of any nature whatsoever regarding SMSA or the subject matter of the Purchaser’s due diligence investigation.
Termination; Cooperation. Upon the termination or expiration of this Sublicense Agreement, the Parties will cooperate with one another to provide for an orderly wind-down of the transactions contemplated in this Sublicense Agreement.
Termination; Cooperation. (a) This Agreement may be terminated by the Purchaser if the Closing has not been consummated on or before October 31, 2009.
(b) From the date hereof until the Closing Date, the Seller and BTHCX will cooperate, and will cause their officers, directors, agents and advisers to cooperate, with the Purchaser on any due diligence investigation of BTHCX, its business, officers and directors, and the Seller and BTHCX will promptly notify (or cause to be notified) the Purchaser of any material event or events of any nature whatsoever regarding BTHCX or the subject matter of the Purchaser’s due diligence investigation.
Termination; Cooperation. (a) This Agreement may be terminated by the Purchaser if the Closing has not been consummated on or before January 15, 2012.
(b) From the date hereof until the Closing Date, each of Robocom and AgriVest will cooperate, and will cause its officers, directors, agents and advisers to cooperate, with the Purchaser on any due diligence investigation of Robocom or AgriVest, their businesses, officers and directors, and each of Robocom and AgriVest will promptly notify (or cause to be notified) the Purchaser of any material event or events of any nature whatsoever regarding Robocom or AgriVest or the subject matter of the Purchaser’s due diligence investigation.
Termination; Cooperation. The Noteholder, upon two (2) Business Day’s written notice , shall have the right to terminate this Agreement, and the parties’ obligations hereunder, if (i) the Credit Agreement Amendment is not executed on or before November 25, 2015 or (ii) the Note Exchange is not consummated on or before December 11, 2015. Each party hereto shall use its reasonable best efforts to cause the foregoing conditions to be satisfied and to effectuate the closing of the Note Exchange, in each case as promptly as possible, and in any event no later than December 4, 2015.
Termination; Cooperation. SMSA will cooperate, and will cause its officers, directors, agents and advisers to cooperate, with the Purchaser on any due diligence investigation of SMSA, its business, officers and directors, and SMSA will promptly notify (or cause to be notified) the Purchaser of any material event or events of any nature whatsoever regarding SMSA or the subject matter of the Purchaser’s due diligence investigation.
Termination; Cooperation. Upon the termination or expiration of this Agreement, BMS and MPP will cooperate with one another to provide for an orderly wind-down of the transactions contemplated in this Agreement.
Termination; Cooperation. In the event of a termination as set forth herein, the parties agree to cooperate in winding up their affairs and obligations as to each other.
Termination; Cooperation. Both Distributor and August Technology agree to fully cooperate to carry out an orderly transition in the marketing, sales, and service of Products in the Territory. Upon receiving a written notice of termination, as described in Sections 3 or 17, by either party, until the effective date of the termination, both parties agree to fully cooperate in supporting existing customers in the Territory (see Section 17.4 for further agreement on service support following termination).