Dissolution by Mutual Agreement Sample Clauses

Dissolution by Mutual Agreement. The Members may dissolve the Company at any time by execution of a written agreement signed by a duly authorized officer of each Member stating that the Members wish to terminate this Agreement and setting forth terms for the disposition or allocation of the assets, liabilities and rights and obligations of the Company.
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Dissolution by Mutual Agreement. In the event of dissolution of the KK by reason of mutual agreement, the KK shall assign equal and concurrent ownership to both TCI and AJI of all KK Assets and any other technology, content, and property owned by it, and the KK shall assign equal and concurrent ownership to both TCI and AJI of all of its undivided one-half interest in the Derived KK Content. In the event any IP protective filings have been made by the KK (as to KK Assets or such other technology), under this section, formal assignments to TCI and AJI as co-owners of said filings shall be made, and authorized officers of the KK shall execute any other documentation necessary to evidence the co-ownership of the KK Assets and such other technology by the parties. Concurrently therewith, AJI shall grant to TCI a perpetual, fee-free, worldwide non-exclusive license to use the then existing Localized version of the AJ Assets. Thereafter, each of TCI and AJI shall be free to utilize such Localized version of the AJ Assets, KK Assets, Derived KK Content and such other technology in the Territory, either themselves or through third parties, without restriction of any kind as against one another. AJI shall then provide technical support to TCI at the then-current market rate for AJI's support services, for at least six (6) months following the dissolution date, in accordance with EXHIBIT E. AJI shall have exclusive use of the AJ Marks and the AJURL. AJI shall pay, in proportion to its ownerxxxx xxxre in the KK, to TCI the fair market value of the goodwill built up in the AJURL. TCI shall have exclusive use of all other URLs registered by the KK, and AJI shall take any steps necessary to effectuate such exclusive use. TCI shall pay to AJI the fair market value of the goodwill built up in such other URLs.
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Dissolution by Mutual Agreement. In the event of a termination, dissolution or liquidation of the KK by mutual agreement of the Parties, the Parties shall:
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Related to Dissolution by Mutual Agreement

  • Termination by Mutual Agreement This Agreement may be terminated at any time by mutual consent of the parties hereto, provided that such consent to terminate is in writing and is signed by each of the parties hereto.

  • Termination by Mutual Agreement of the Parties Executive’s employment with the Company may be terminated at any time upon a mutual agreement in writing of the Parties. Any such termination of employment shall have the consequences specified in such agreement.

  • Termination by Mutual Written Consent This Agreement may be terminated and the transactions contemplated hereby may be abandoned, for any reason and at any time prior to the Closing Date, by the mutual written consent of the Company and Buyer.

  • Termination by Mutual Consent This Agreement may be terminated at any time prior to the Closing Date by the mutual written consent of the Company and the Purchasers.

  • Termination by Agreement In the event Practice and Business ------------------------ Manager shall mutually agree in writing, this Management Services Agreement may be terminated on the date specified in such written agreement.

  • By Mutual Agreement The parties may terminate Executive’s employment and this Agreement at any time by mutual agreement.

  • Termination Upon Mutual Agreement This Agreement may be terminated by mutual written consent of both parties.

  • Mutual Agreement This Agreement may be terminated at any time by mutual written agreement of the parties.

  • Termination by Manager Manager shall have the right to terminate this Agreement at any time, with or without cause, upon sixty (60) days written notice to Owner. Manager shall also have the right to terminate this Agreement upon thirty (30) days written notice to Owner for non-payment of fees and expenses due Manager under the terms of this Agreement

  • Integration; Binding Effect; Survival of Termination This Agreement and the other Transaction Documents contain the final and complete integration of all prior expressions by the parties hereto with respect to the subject matter hereof and shall constitute the entire agreement among the parties hereto with respect to the subject matter hereof superseding all prior oral or written understandings. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms and shall remain in full force and effect until the Final Payout Date; provided, however, that the provisions of Sections 5.01, 5.02, 5.03, 11.04, 11.06, 12.04, 13.01, 13.02, 14.04, 14.05, 14.06, 14.09, 14.11 and 14.13 shall survive any termination of this Agreement.

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