Breach or Termination by Operator Sample Clauses

Breach or Termination by Operator. If this Agreement is terminated by DIRECTV pursuant to Sections 12.1, 12.2, 12.3 or 12.4 or by Operator pursuant to Section 12.5, Operator further agrees that, if Operator received an * * * for an Operator-Acquired Property and the related Right of Entry is within the term for which DIRECTV paid an * * *, Operator shall (i) transfer or assign all video programming related rights under the Right of Entry for the MDU Property as permitted under the Right of Entry so that DIRECTV can commence access to the MDU Property and use of the Signal Distribution System as permitted under the Right of Entry (provided that DIRECTV has compensated Operator for the acquisition and installation cost of the Signal Distribution System, as mutually agreed to between the Parties), and (ii) provided DIRECTV assumes the Right of Entry pursuant to its terms, until the expiration of the Right of Entry assumed by DIRECTV, not sell or attempt to sell any multi-channel video/entertainment programming services of another provider at the MDU Property, and shall not solicit for others or on its own behalf, any DIRECTV Subscriber who was procured by Operator and is a DIRECTV Subscriber as of such termination date.
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Related to Breach or Termination by Operator

  • Termination by Operation of Law This Agreement may be terminated by any Party hereto if there shall be any statute, rule or regulation that renders consummation of the transactions contemplated by this Agreement (the “Contemplated Transactions) illegal or otherwise prohibited, or a court of competent jurisdiction or any government (or governmental authority) shall have issued an order, decree or ruling, or has taken any other action restraining, enjoining or otherwise prohibiting the consummation of such transactions and such order, decree, ruling or other action shall have become final and nonappealable.

  • Termination by Either Party This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.

  • Modification or Termination The Loan Documents may only be modified or terminated by a written instrument or instruments intended for that purpose and executed by the party against which enforcement of the modification or termination is asserted. Any alleged modification or termination which is not so documented shall not be effective as to any party.

  • Effect of Expiration or Termination Upon the expiration or termination of this Agreement for any reason:

  • Basis for Termination This Agreement may be terminated and the transactions contemplated hereby abandoned at any time prior to the Closing Date:

  • Amendment or Termination (a) This Trust Agreement may be amended by a written instrument executed by Trustee and Company. Notwithstanding the foregoing, no such amendment shall conflict with the terms of the Plan or shall make the Trust revocable after it has become irrevocable in accordance with Section 1(b) hereof.

  • Dissolution or Termination Any particular Series shall be dissolved upon the occurrence of the applicable dissolution events set forth in Article VIII, Section 1 hereof. Upon dissolution of a particular Series, the Trustees shall wind up the affairs of such Series in accordance with Article VIII Section 1 hereof and thereafter, rescind the establishment and designation thereof. The Board of Trustees shall terminate any particular Class and rescind the establishment and designation thereof: (i) upon approval by a majority of votes cast at a meeting of the Shareholders of such Class, provided a quorum of Shareholders of such Class are present, or by action of the Shareholders of such Class by written consent without a meeting pursuant to Article V, Section 3; or (ii) at the discretion of the Board of Trustees either (A) at any time there are no Shares outstanding of such Class, or (B) upon prior written notice to the Shareholders of such Class; provided, however, that upon the rescission of the establishment and designation of any particular Series, every Class of such Series shall thereby be terminated and its establishment and designation rescinded. Each resolution of the Board of Trustees pursuant to this Section 6(i) shall be incorporated herein by reference upon adoption.

  • Amendment or Termination of Agreement This Agreement may be changed or terminated only upon the mutual written consent of the Company and Executive. The written consent of the Company to a change or termination of this Agreement must be signed by an executive officer of the Company after such change or termination has been approved by the Board.

  • Consequences of Expiration or Termination All of the following effects of expiration or termination, as applicable, are in addition to the other rights and remedies that may be available to the Parties at law or in equity.

  • Effects of Expiration or Termination Upon expiration or termination of this Agreement for any reason:

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