CESSATION OF OWNERSHIP. This Agreement shall be terminated with immediate effect in respect of any Party when it and its Permitted Transferees cease to be Members of Getty Images; or
CESSATION OF OWNERSHIP. The transferor Member shall cease to be treated as owning the transferred Units for all purposes of this Agreement, including without limitation, for purposes of voting such Units and receiving distributions with respect to such Units.
CESSATION OF OWNERSHIP. Except as and to the extent permitted under the Indenture, the Subordinated Loan Agreement or any other Financing Agreements, the Company shall cease to own the Property and all parcels and subdivisions comprising any portion thereof or located thereon or the buildings, fixtures and other improvements to be situated on the Property for the purpose of owning, constructing, maintaining and operating the Project in the manner contemplated by the Operative Documents.
CESSATION OF OWNERSHIP. This Agreement shall automatically cease to bind the Parties in respect of any item of Joint IP upon either Party ceasing to hold any legal ownership interest in that Joint IP in accordance with this Agreement.
