Distribution Term. Unless sooner terminated pursuant to Sections 10.2.1 ----------------- and 10.
Distribution Term. Distribution Term" means that part of the Term during ----------------- which Distributor (and Distributor's sub-distributors) shall be entitled to exercise the rights licensed to Distributor under Section 2. The Distribution Term may be terminated as described in Section 11.
Distribution Term. Unless sooner terminated pursuant to Section 11.2.1 ----------------- below, the Distribution Term shall expire on the earlier of (a) the third anniversary of the date of this Agreement, or (b) the licensing to Authorized End-Users of all of the Authorized Workstations specified in Schedule 4(a).
Distribution Term. If no Distribution Term is specified in Exhibit A, the ----------------- Distribution Term shall be the same as the License Term. The Distribution Term, if specified in Exhibit A, shall commence upon the date of this Agreement for Software identified in Exhibit A as being subject to the Distribution Term and, subject to earlier termination of this Agreement in accordance with Section 7.3, shall expire as specified in Exhibit A. Expiration of the Distribution Term shall not in and of itself automatically terminate the right of Licensee and/or Authorized Users to continue to use the Software and Documentation pursuant to Section 2 above.
Distribution Term. If no Distribution Term is specified in Table A, then the Distribution Term shall be the same as the License Term. The Distribution Term, if specified in Table A, shall commence as specified for Software identified in Table A as being subject to the Distribution Term and, subject to earlier termination of this Agreement in accordance with Section 7.3, shall expire as specified in Table A. Expiration of the Distribution Term shall not in and of itself automatically terminate the right of Licensee and/or Authorized Users to continue to use the Software and Documentation pursuant to Section 2 above.
Distribution Term. The distribution term is 2 years, from _day_month 200X to _day_month 200X, in this term party A will evaluate the business performance of party B every semester (April and October) and the renewal of the distributor certificate will be based on the evaluation result.
Distribution Term. For each Picture, a minimum of two (2) full television syndication cycles (based on Universal's customary sequential pattern of release), extendible for such period as is necessary for Universal to recoup the Advance (see Paragraph 10. below) with respect to the Picture, but not to exceed twenty-one (21) years from the theatrical release of each Picture.
Distribution Term a. Except as stated below in this Section 2, the term during which Distributor shall distribute Products hereunder (the "Distribution Term") will begin on the date hereof. Unless earlier cancelled or terminated as herein provided, this Agreement and the Distribution Term will expire on October 31, 1994. This Agreement and the Distribution Term automatically will be renewed for successive one-year periods thereafter unless either Argo-Tech or Distributor shall have delivered to the other written notice of its intention not to renew this Agreement and the Distribution Term. A notice of non-renewal must be given at least one (1) year prior to the date on which the Distribution Term otherwise would be renewed.
b. The parties hereby agree that, subject to Section 2.c. below, until October 31, 2044, Argo-Tech shall renew the Distribution Term so long as Yamada Corporation and its affiliates retain five percent (5%) ownership of Argo-Tech. Specifically, Argo-Tech will not have the right to give a notice of non-renewal for any one-year renewal period prior to October 31, 2044, at any time when the "Yamada Ownership Condition" is met, which means that Yamada Corporation and all persons and entities directly or indirectly controlling or controlled by Yamada Corporation own in the aggregate five percent (5%) or more of the common stock of Argo-Tech or of any entity which directly or indirectly controls Argo-Tech, provided that the calculation of percentage ownership of Argo-Tech and or entities directly or indirectly controlling Argo-Tech shall be made as if all outstanding convertible securities of Argo-Tech and those entities had been converted to the extent that they are then eligible for conversion without paying additional consideration.
c. Despite anything else in this Agreement, if Argo-Tech and Yamada Corporation (or its designee) have agreed that Yamada Corporation (or its designee) will become a distributor of Products in the Territory promptly or immediately after the end of the Distribution Term or any one-year renewal thereof, and that agreement is still in effect on the last day of the Distribution Term, then regardless of whether or not either party has given a notice of non-renewal, the Distribution Term shall not be renewed and Yamada Corporation (or its designee) shall become a distributor of Products.
Distribution Term. 1.01 (a) The term of this Agreement shall be for thirty (30) days (the “Initial Term”). The Initial Term shall automatically renew for successive thirty (30) day periods (the “Renewal Term”). After the Initial Term, either Party may terminate this Agreement by giving sixty (60) days prior written notice, and the effective date of such termination shall be the last day of the then-current Term. The Initial Term and Renewal Term(s), if any, are collectively referred to as the “Term.”
Distribution Term. Except as stated xxxxw in xxxx Xxction 1.2, the term during which Distributor shall distribute Products hereunder (the "Distribution Term") began on the Effective Date. Unless earlier cancelled or terminated as herein provided, the Distribution Term will expire on October 31, 2009. The Distribution Term automatically will be renewed for successive one-year periods thereafter unless either Argo-Tech or Distributor shall have delivered to the other written notice of its intention not to renew the Distribution Term. A notice of non-renewal by Distributor must be given at least one (1) year prior to the date on which the Distribution Term otherwise would be renewed. A notice of non-renewal by Argo-Tech may be given at any time prior to the beginning of a one-year renewal term. As explained in more detail below in this Section 1.2, however, the parties hereby agree that until October 31, 2044, Argo-Tech shall renew the Distribution Term as to Japan so long as Distributor and its affiliates retain five percent (5%) ownership of Argo-Tech, and that even if Distributor and its affiliates do not retain that ownership, Argo-Tech's right to give a notice of non-renewal of the Distribution Term will be subject to limitations. Specifically:
I. Argo-Tech may not give a notice of non-renewal for any one-year renewal period prior to October 31, 2044 unless, at the time the notice of non-renewal is given by Argo-Tech, each of conditions 1 and 2 below has been met and either condition 3 or condition 4 below has also been met:
1. Distributor is in material breach of its obligations under this Agreement.
2. Argo-Tech has notified Distributor of that breach and suggested commercially reasonable means of curing the breach.
3. Distributor fails to commence commercially reasonable efforts to cure the breach within sixty (60) days after Argo-Tech gives notice of the breach.
4. Distributor fails to cure the breach in all material respects within one hundred twenty (120) days after Argo-Tech gives notice of the breach.
II. Argo-Tech will not have the right to give a notice of non-renewal for any one-year renewal period prior to October 31, 2044 at any time when the "Yamada Ownership Condition" is met, which means that Yamada Corporation and all persons and entities directly or indirectly controlling or controlled by Yamada Corporation own in the aggregate five percent (5%) or more of the common stock of Argo-Tech or of any entity which directly or indirectly controls Argo-Tech, prov...
