Early Termination by Licensee. At any time after the third (3rd) anniversary of the Acceptance Date of an individual License, the Licensee may terminate that License upon sixty
Early Termination by Licensee. Unless otherwise later agreed to in writing (email is sufficient) between the Parties, in the event Licensee desires to cancel this Agreement, the following will apply:
Early Termination by Licensee. Licensee will have the right to terminate this Agreement in full immediately upon written notice to Mascoma in the event that Mascoma materially breaches any covenant, obligation, representation or warranty contained herein and Mascoma does not cure such breach or, if the breach cannot reasonably be cured within the required [***], commence to cure (and Licensee agrees with the cure proposed by Mascoma, which agreement will not be unreasonably withheld, delayed or conditioned) such breach within [***] after the receipt by Mascoma of written notice specifying the nature of the alleged material breach.
Early Termination by Licensee. At any time following the Acceptance Date of an individual License, the Licensee may terminate that License upon sixty (60) Days advance written notice to the County and payment of an early termination fee, which shall be due with said notice (the "Early Termination Fee"). The Early Termination Fee shall be as set forth in Schedule 2 existing on the Effective Date. If the Licensee reduces the number of Licensed Fibers pursuant to this Section, Schedules 1 and 3 shall be amended to take into account the reduced number of fibers.
Early Termination by Licensee. Licensor may recover as damages for Licensee’s early termination of this Agreement an amount equal to the amount of Fees, other amounts owed that remain outstanding for the Term of this Agreement, Licensor’s costs of collection, court costs and attorneys’ fees.
Early Termination by Licensee. If any one or more of the following events occurs:
Early Termination by Licensee. It is agreed that Licensor's damages if services are cancelled prior to the completion of the Term shall be difficult or impossible to ascertain, thus the amounts set forth herein are intended to establish liquidated damages in the event of cancellation and are not intended as a penalty. In the event Licensee terminates this Agreement, without cause, prior to the conclusion of the Term, Licensee shall pay to Licensor all charges for services provided through the effective date of such cancellation plus a cancellation charge determined as follows: (a) if the Agreement is cancelled prior to the conclusion of the first six months, then the cancellation charge shall be an amount equal to the balance that would otherwise have become due for the unexpired balance of the Term; (b) if the Agreement is canceled after the first six months, such cancellation charge shall be an amount equal to fifty percent (50%) of the balance that otherwise would have become due for the unexpired portion of the Term; (c) if the Agreement is canceled after the twenty- * CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. four (24) months, such cancellation charge shall be an amount equal to twenty-five percent (25%) of the balance that otherwise would have become due for the unexpired portion of the Term. In addition, if Licensee was granted a discount or waiver with respect to any non-recurring charges based on the duration of Licensee's commitment to use the services for a particular term length, then Licensee shall also pay an amount equal to the discount that it received.
Early Termination by Licensee. LICENSEE may, at its election, terminate this AGREEMENT immediately upon written notice to LICENSOR:
Early Termination by Licensee. Licensee acknowledges and agrees that Licensee's damages if services are cancelled prior to the completion of the Term. shall be difficult or impossible to ascertain, thus the amounts set forth herein are intended to establish liquidated damages in the event of cancellation and are not intended as a penalty. In the event Licensee terminates this Agreement, without cause, prior to the conclusion of the Term, Licensee shall pay to Licensor all charges for services provided through the effective date of such cancellation plus a cancellation charge determined as follows: (a) if the Agreement is cancelled prior to the conclusion of the first year, then the cancellation charge shall be an amount equal to the balance that would otherwise have become due for the unexpired balance of the Term; (b) if the Agreement is canceled after the first year, such cancellation charge shall be an amount equal to fifty percent (50%) of the balance that otherwise would have become due for the unexpired portion of the Term. In addition, if Licensee was granted a discount or waiver with respect to any non-recurring charges based on the duration of Licensee's commitment to use the services for a particular term length, then Licensee shall also pay an amount equal to the discount that it received.
Early Termination by Licensee. Licensee may terminate this Agreement for any reason or no reason effective on or after December 31, 2011, provided that written notice of such termination is provided to Martek at least six (6) months prior to the intended effective date of termination.
