Common use of Termination Duties Clause in Contracts

Termination Duties. After receipt of written notice of termination, but prior to the effective date of such termination, MLA shall continue to perform under this Agreement unless specifically instructed to discontinue such performance. In any event, even if so instructed, MLA will nonetheless be entitled to reimbursement of Reimbursable Expenses and payment of Management Fees, if payable pursuant to Section 6.2 hereof, for the period ending on the effective date of termination. Fifteen (15) days prior to the effective date of expiration or termination of this Agreement, MLA shall relinquish to MCELL or its designers possession and control of all property of the System, including but not limited to, all documents, data and records pertaining to the System. MLA and MCELL shall commit to use their best efforts to assure a smooth transition in the event of termination.

Appears in 1 contract

Sources: Management and Construction Services Agreement (Mercury Inc)

Termination Duties. After receipt of written notice of termination, but prior to the effective date of such termination, MLA shall continue to perform under this Agreement unless specifically instructed to discontinue such performance. In any event, even if so instructed, MLA will nonetheless be entitled to reimbursement of Reimbursable Expenses and payment of Management Fees, if payable pursuant to Section 6.2 hereof, for the period ending on the effective date of termination. Fifteen (15) days prior to the effective date of expiration or termination of this Agreement, MLA shall relinquish to MCELL MCK or its designers possession and control of all property of the System, including but not limited to, all documents, data and records pertaining to the System. MLA and MCELL MCK shall commit to use their best efforts to assure a smooth transition in the event of termination.

Appears in 1 contract

Sources: Management and Construction Services Agreement (Mercury Inc)

Termination Duties. After receipt of written notice of termination, but prior to the effective date of such termination, MLA shall continue to perform under this Agreement unless specifically instructed to discontinue such performance. In any event, even if so instructed, MLA will nonetheless be entitled to reimbursement of Reimbursable Expenses and payment of Management Fees, if payable pursuant to Section 6.2 hereof, for 8 the period ending on the effective date of termination. Fifteen (15) days prior to the effective date of expiration or termination of this Agreement, MLA shall relinquish to MCELL MTC or its designers possession and control of all property of the System, including but not limited to, all documents, data and records pertaining to the System. MLA and MCELL MTC shall commit to use their best efforts to assure a smooth transition in the event of termination.

Appears in 1 contract

Sources: Management and Construction Services Agreement (Mercury Inc)