TERMINATION’S EFFECTS Sample Clauses
The 'Termination’s Effects' clause defines the consequences and procedures that take effect once a contract is terminated. It typically outlines what obligations survive termination, such as confidentiality or payment for services already rendered, and may specify the return or destruction of proprietary materials. This clause ensures that both parties understand their rights and responsibilities after the contract ends, thereby preventing disputes and clarifying the post-termination relationship.
TERMINATION’S EFFECTS. 11.5.1. Termination shall not affect accrued rights and remedies nor the continuance in force of any provision hereof which expressly or by implication shall be intended to survive termination unless those accrued rights derived from an illegal act and/or from a breach of a clause of this Agreement.