ADDITIONAL RIGHTS UPON TERMINATION Sample Clauses

ADDITIONAL RIGHTS UPON TERMINATION. During the final Contract Year of the Term hereof or of any extension thereof, Licensor shall have the right to design, manufacture, and sell merchandise of the types covered by this Agreement and to negotiate and conclude such agreements as it desires pursuant to which it may grant licenses to any party or parties of any of the rights herein granted to Licensee, except that no merchandise herein identified as Licensed Items shall be shipped by Licensor, or any third party other than Licensee, prior to the expiration or termination of this Agreement (exclusive of the additional six (6) month period for the disposition of the Licensed Items), but any successor Licensee may at all times solicit orders for shipment subsequent to the final Contract Year or any extension hereof.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
ADDITIONAL RIGHTS UPON TERMINATION. If GT files Chapter 11 or Chapter 7 bankruptcy or ceases its business operations without a successor, then GT shall grant AXP an irrevocable (until GT emerges from Chapter 11 bankruptcy), perpetual (until GT emerges from Chapter 11 bankruptcy), worldwide license to use only internally in furtherance of the purposes of this Agreement the Escrow Materials (until GT emerges from Chapter 11 bankruptcy) to the Reservation System and would thereby authorize any Escrow Agent under this Agreement to release such Escrow Materials (until GT emerges from Chapter 11 bankruptcy at which time AXP will return all Escrow Materials to the Escrow Agent) pursuant to the Escrow Agreement set forth in Exhibit "W". Except for a release pursuant to a Chapter 7 bankruptcy or for ceasing business operations without a successor, the obligations to continue to pay the fees specified hereunder shall continue.
Sample 1Sample 2Sample 3
ADDITIONAL RIGHTS UPON TERMINATION. A. During the final twelve (12) months of the term hereof, LICENSOR shall have the right to negotiate and conclude such agreements as it desires, pursuant to which it shall grant a license to any party or parties of any or all of the rights herein granted to LICENSEE, except that no merchandise herein identified as Licensed Products shall be advertised or sold by LICENSOR or any third party other than LICENSEE prior to the expiration or termination of this Agreement.
Sample 1Sample 2
ADDITIONAL RIGHTS UPON TERMINATION. During the last six (6) months of the final Contract Year of this Agreement, Licensor shall have the right to design and manufacture merchandise of the types covered by this Agreement and to negotiate agreements which grant a license to a party of any of the rights herein mentioned. No merchandise identified as Licensed Items shall be shipped by Licensor or any third party other than Licensee prior to the expiration or termination of this Agreement (exclusive of the additional six (6) month period for the disposition of the Licensed Items). However, any successor Licensee may solicit orders during the last six (6) months of the final Contract Year.
Sample 1
ADDITIONAL RIGHTS UPON TERMINATION. Upon termination of this Agreement for any reason, other than because of a breach by BAYER pursuant to Section 8.02, (i) CURAGEN shall (A) be deemed to have granted to BAYER and its Affiliates, without any further action by the Parties, a non-exclusive, perpetual, royalty-free, worldwide license under CURAGEN's interest in the Predictive Toxicogenomics Technology and the Proteomics Technology for the purpose of manufacturing, having manufactured using, selling developing and/or having developed, BAYER Products and (B) grant to BAYER a non-exclusive, perpetual license under CURAGEN's interest in the Discovery Tool Technology and Discovery Tool Improvements for the purpose of developing BAYER Products on terms financially equivalent to those CURAGEN is then receiving from its most favored Third Party customers and subscribers, as negotiated by the Parties in good faith and (ii) CURAGEN shall provide BAYER with any copies of the Pharmacogenomics Data that CURAGEN did not previously deliver to BAYER prior to the termination of the Pharmacogenomics Program. The license in (d)(i)(B) above shall include the terms of the software license as set forth in Appendix E attached hereto.
Sample 1
ADDITIONAL RIGHTS UPON TERMINATION. In addition to the rights provided in Section 4.5(a), in the event that (i) upon or within six months before a Change of Control or within two years following a Change of Control either (x) the Company terminates Executive’s employment hereunder without Cause (other than in the event of death or Disability, it being understood that a purported termination for Disability or for Cause which is disputed and finally determined not to have been proper termination for Cause or Disability shall be a termination by the Company without Cause) or (y) Executive terminates his employment hereunder for Good Reason, or (ii) the Chairman of the Board of the Company immediately prior to the consummation of a Change of Control ceases to be the Chairman of the Board of the Company, or any successor thereto, immediately following the Change of Control and Executive terminates his employment hereunder, then Executive shall be entitled to receive the following compensation (which is in substitution for and not in addition to any compensation otherwise payable pursuant to Section 4.3):
Sample 1

Related to ADDITIONAL RIGHTS UPON TERMINATION

  • Rights Upon Termination Except as expressly provided in Section 6, upon the termination of the Executive’s Employment pursuant to this Section 5, the Executive shall only be entitled to the compensation, benefits and reimbursements described in Sections 2, 3 and 4 for the period preceding the effective date of the termination. The payments under this Agreement shall fully discharge all responsibilities of the Company to the Executive.

  • Actions Upon Termination Upon the termination of this Agreement, Issuer shall remove all references to any ODB Name, Branding and Content from the Issuer Site or Issuer Content and terminate all links on the Issuer Site to any ODB Site. ODB shall remove all references to Issuer Name, Branding and Content and terminate all links on the ODB Site to any Issuer Site. Each Party shall promptly return all Confidential Information, documents, manuals and other materials stored in any form or media (including but not limited to electronic copies) belonging to the other Party, except as may be otherwise provided in this Agreement or required by Law.

  • Events Upon Termination Upon the expiration or termination of this Agreement for any reason, both parties shall immediately remove all links to the other party's Content and website(s) and cease all use of the other party's Marks and any and all use of any kind whatsoever of the other party's Content.

  • Rights and Payments Upon Termination The Executive’s right to compensation and benefits for periods after the date on which his employment with the Company terminates for whatever reason (the “Termination Date”), shall be determined in accordance with this Section 6 as follows:

  • Benefits Upon Termination If the Executive’s employment by the Company is terminated during the Period of Employment for any reason by the Company or by the Executive, or upon or following the expiration of the Period of Employment (in any case, the date that the Executive’s employment by the Company terminates is referred to as the “Severance Date”), the Company shall have no further obligation to make or provide to the Executive, and the Executive shall have no further right to receive or obtain from the Company, any payments or benefits except as follows:

  • Obligations Upon Termination Upon termination of this Agreement, either party shall, at the request of the other party, return any document, material, database, equipment, or software containing the Confidential Information to the other party. If, for any reason, such document, material, database, equipment, or software cannot be returned, either party shall destroy all the Confidential Information belonging to the other party and delete such Confidential Information from any memory devices. No party shall be permitted to continue using the Confidential Information in any way after the termination of this Agreement.

  • Deliveries Upon Termination Upon termination of this Agreement, ALPS agrees to cooperate in the orderly transfer of distribution duties and shall deliver to the Fund or as otherwise directed by the Fund (at the expense of the Fund) all records and other documents made or accumulated in the performance of its duties for the Fund hereunder. In the event ALPS gives notice of termination under this Agreement, it will continue to provide the services contemplated hereunder after such termination at the contractual rate for up to 120 days, provided that the Fund uses all reasonable commercial efforts to appoint such replacement on a timely basis.

  • Certain Benefits Upon Termination Executive’s employment shall be terminated upon the earlier of (i) the voluntary resignation of Executive with or without Good Reason; (ii) Executive’s death or permanent disability; or (iii) upon the termination of Executive’s employment by LTC for any reason at any time. In the event of such termination, the below provisions of this Section 6 shall apply, and in the event of a Change in Control, whether or not Executive’s employment is terminated thereby, Section 6(b) shall apply.

  • Delivery upon Termination Upon termination of Manager's employment with the Company for any reason, Manager shall promptly deliver to the Company all correspondence, files, manuals, letters, notes, notebooks, reports, programs, plans, proposals, financial documents, and any other documents or data concerning the Company's or any affiliate’s customers, database, business plan, marketing strategies, processes or other materials which contain Confidential Information, together with all other property of the Company or any affiliate in Manager's possession, custody or control. ARTICLE SIX

  • Payment Upon Termination Termination of this Agreement shall not affect the right of the Adviser to receive payment on any unpaid balance of the compensation described in Section 2 earned prior to such termination.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!