Common use of Wind-Down Activities Clause in Contracts

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.

Appears in 1 contract

Sources: Academic Affiliation Agreement

Wind-Down Activities. Upon termination of this Agreement for any reason, the Parties’ obligations to perform services hereunder Support Services shall completely cease; provided, however, except that the Parties shall perform and make payments payment for such matters Support Services as are necessary to wind up their activities pursuant to this Agreement in an orderly manner manner, to minimize potential disruption to the education, research and patient care services, 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 owning notwithstanding the termination of the this Agreement.

Appears in 1 contract

Sources: Shared Services Agreement