Wind Down Activities Sample Clauses

Wind Down Activities. Prior to expiration and upon notice of termination of this Agreement, or the lease for any LE Shop location, SRC shall, at LE’s expense, (collectively, the “Wind-down Activities”): (a) perform an orderly removal of fixtures, LE property, and Merchandise from the LE Shop; (b) leave the LE Shop area in a “broom clean” condition; and (c) pack and ship LE Merchandise, property, and fixtures to LE; provided that if LE has not paid all amounts due under this Agreement and the Ancillary Agreements, SRC may liquidate such LE property and apply the proceeds to amounts due SRC and its Affiliates under such agreements. LE must maintain an adequate stock of Merchandise through the expiration or termination of the location. If LE fails to maintain an adequate stock of Merchandise through the expiration or termination of a location, SRC shall be entitled to utilize unused space, including LE fixtures, at SRC’s sole discretion. For clarity, the parties note that this Agreement shall remain in effect, notwithstanding any such termination or expiration, of the underlying Lease for the duration of the Wind-down Activities; provided that SRC shall not be obligated to provide any Services other than the Wind-down Activities during such time with respect to such LE Shop. LE must provide SRC sufficient notice to allow SRC to complete the Wind-Down Activities during the term of the Lease applicable to each LE Shop; LE shall be solely responsible for all hold-over rent and other costs incurred as a result of such Wind-Down Activities not being completed during the normal term of the applicable Lease.
AutoNDA by SimpleDocs
Wind Down Activities. Upon termination of this Agreement for any reason, the Parties’ obligations to perform services hereunder shall completely cease; provided, however, that the Parties shall perform and make payments for such matters as are necessary to wind up their activities pursuant to this Agreement in an orderly manner and to comply with the six (6)-month Wind Down Period and Wind Down Process described in the ACCA. Any payments earned through the date of termination shall remain due and owing notwithstanding the termination of the Agreement.
Wind Down Activities. Upon termination of this Agreement for any reason, Manager’s obligations to perform the Services hereunder shall completely cease; provided, however, that the parties shall perform and make payments for such matters as are necessary to wind up their activities pursuant to this Agreement in an orderly manner and to comply with the six (6)-month Wind Down Period and Wind Down Process described in the ACCA. Any payments earned or Reimbursable Costs incurred by Manager associated solely with the Services provided under this Agreement through the date of termination and through the Wind Down Period shall remain due and owing by the applicable OLH Entity notwithstanding the termination of this Agreement.
Wind Down Activities. Following the Closing, Magenta shall use its commercially reasonable efforts to continue the wind-down activities of Magenta associated with the termination of its research and development activities set forth on Section 6.17 of the Magenta Disclosure Schedule.
Wind Down Activities. Following the date hereof, Halo and Client shall undertake the Wind-Down Activities in accordance with and as set forth on Schedule A.
Wind Down Activities. Following the Closing, Parent shall use its commercially reasonable efforts to continue to wind down activities of Parent associated with the activities set forth in Section 4.17 of the Parent Disclosure Schedule.
Wind Down Activities. Following the Closing, Utah shall use its commercially reasonable efforts to continue the wind down activities of Utah associated with the termination of its research and development activities set forth on Section 5.13 of the Utah Disclosure Schedule.
AutoNDA by SimpleDocs
Wind Down Activities. During a wind-down period Abboxx'x xxxhts shall convert to non-exclusive for the Product to which the wind-down period applies, and Digene and Abboxx xxxll continue to perform their respective duties and be bound to their respective obligations hereunder with respect to manufacturing, supplying, selling and distributing such Product. During such wind-down period, Abboxx xxx its Affiliates shall only solicit Trade that were customers of Abboxx xx its Affiliates for the specific Product or Products which the wind-down period applies as of the date of the termination of the Term, and shall be precluded from selling such Product or Products to Third Parties that were not customers of Abboxx xx its Affiliates as of the date of the termination of the Term. If new customers contact Abboxx xx its Affiliates on their own regarding such Product or Products, Abboxx xxxll refer such customers directly to Digene or its designee. THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS MARKED WITH "*" AND BRACKETS AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
Wind Down Activities. During a wind-down period Abboxx'x xxxhts shall convert to [*********************************************************** *******], and Digene and Abboxx xxxll continue to perform their respective duties and be bound to their respective obligations hereunder with respect to manufacturing, supplying, selling and distributing [************]. During such wind-down period, Abboxx xxx its Affiliates shall only [*********************** ************************************************************************** *************************************************************************** ***************************************** THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS MARKED WITH "*" AND BRACKETS AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. ****************************************************************************** ****************************************************************************** *********************************************************************** *****************************************************************************].
Wind Down Activities. Upon termination of this Agreement for any reason, OLPG’s obligations to perform services hereunder shall completely cease; provided, however, that the Parties shall perform and make payments for such matters as are necessary to wind up their activities pursuant to this Agreement in an orderly manner and to comply with the six (6)-month Wind Down Period and Wind Down Process described in the ACCA. Any payments earned through the date of termination and through the Wind Down Period shall remain due and owing notwithstanding the termination of the Agreement.
Time is Money Join Law Insider Premium to draft better contracts faster.