Additional Termination Rights of ThermoLase Sample Clauses

Additional Termination Rights of ThermoLase. This Agreement may be terminated by ThermoLase, effective immediately upon written notice to Franchisee, in the event that (i) the marketing clearance granted to ThermoLase by the U.S. Food and Drug Administration (the "FDA") or any regulatory authority in the Territory with respect to the SoftLight Procedures is revoked, rescinded or suspended for any reason, or any adverse regulatory action is undertaken by the FDA or any regulatory authority in the Territory with respect to the validity or scope of such marketing clearance, or (ii) any claim is asserted against ThermoLase alleging that the Licensed Technology, or any portion thereof, or the SoftLight Marks are being used by Franchisee in a manner which infringes a patent or other intellectual property rights owned by a third party and ThermoLase and Franchisee are unable to agree as to how to resolve such claim after consulting with each other for a period of not less than ten (10) Business Days.
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Related to Additional Termination Rights of ThermoLase

  • Additional Termination Rights In addition to any right to terminate this Agreement under the provisions of this Section 16, either party shall have the further right to terminate this Agreement, upon delivery of written notice to the Agent, upon the occurrence of any of the following:

  • Term; Termination; Rights on Termination The term of this Agreement shall begin on the date hereof and continue for three (3) years, and, unless terminated sooner as herein provided, shall continue thereafter on a year-to-year basis on the same terms and conditions contained herein in effect as of the time of renewal (such initial three year period and any extensions thereof being referred to herein as the "Term"). This Agreement and Employee's employment may be terminated in any one of the following ways:

  • Termination; Rights on Termination Employee's employment may be ---------------------------------- terminated in any one of the followings ways, prior to the expiration of the Term:

  • Other Termination Rights This Agreement may be terminated at any time prior to the Closing by the applicable party if and to the extent permitted in Part V of Appendix B.

  • Additional Termination Provisions Notwithstanding and in addition to the foregoing, in the event that (i) a Mortgage Loan becomes delinquent for a period of 90 days or more (a "Delinquent Mortgage Loan") or (ii) a Mortgage Loan becomes an REO Property, the Purchaser may at its election terminate this Agreement with respect to such Delinquent Mortgage Loan or REO Property, upon 15 days' written notice to the Seller.

  • ADDITIONAL TERMINATION In addition to any other termination provisions contained in this Agreement, the Optionee shall at any time have the right to terminate its rights and future obligations under this Agreement by giving notice in writing of such termination to the Optionor, and in the event of such termination, the Optionee shall not earn any interest in the Property, and this Agreement, save and except for the provisions of paragraphs 13 hereof, shall be of no further force and effect.

  • Additional Termination Events The following Additional Termination Events will apply:

  • Termination Rights This Agreement may be terminated at any time prior to the Closing:

  • Additional Termination Event If any "Additional Termination Event" is specified in the Schedule or any Confirmation as applying, the occurrence of such event (and, in such event, the Affected Party or Affected Parties shall be as specified for such Additional Termination Event in the Schedule or such Confirmation).

  • Optional Termination The termination of the Trust Fund created hereunder as a result of the purchase of all of the Mortgage Loans and any REO Property pursuant to the last sentence of Section 10.01 hereof.

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