Common use of Wind Down Period Clause in Contracts

Wind Down Period. (a) In the event of termination under Section 9.2, Lime will continue to perform its obligations under this Restated Agreement for an additional period of three (3) months following the date that such three (3) month notice period has elapsed in Active Markets as of the date such three (3) month notice was given. During such additional three (3) month period, (i) Uber may continue to use materials licensed from Lime, and Lime may continue to use materials licensed from Uber, pursuant to Section 7 hereof for the sole purposes of complying with its surviving obligations under this Restated Agreement, and (ii) both Parties shall work together in good faith to wind down the integrations contemplated in this Restated Agreement and inform their respective users, if applicable. Notwithstanding the foregoing, Lime is not obligated to continue to perform its obligations under this Agreement beyond six (6) months from its notification of an uncured Uber breach (three month notice period, followed by the three month wind-down period) in Section 9.2, above. (b) Except in the event of termination under Section 9.2, upon expiration or termination of this Restated Agreement, either Party may continue to use materials and Intellectual Property Rights licensed from the other Party pursuant to Section 7 hereof for the sole purposes of complying with its surviving obligations under this Restated Agreement for a period of no more than sixty (60) days after such expiration or termination, during which time both Parties shall work together in good faith to wind down the integrations contemplated in this Restated Agreement and inform their respective users, if applicable.