Effect of Termination for Default Sample Clauses

Effect of Termination for Default. In the event that BCS terminates this Software Agreement on account of DGC's default, BCS may: (i) declare all amounts owed by DGC to be immediately due and payable and refuse to deliver any further License Keys or ship any further Hardware under VPA 2085 until such amounts have been paid; (ii) require C.O.D. payment; and (iii) pursue any other remedies at law or in equity available to it. Termination of the Software Agreement shall not terminate or otherwise affect any licenses previously distributed by DGC hereunder.
Sample 1Sample 2
AutoNDA by SimpleDocs
Effect of Termination for Default. In the event of a termination due to default, no further incentives may be provided to Developer under this Agreement. The City shall have no further obligation to rebate HOT funds,
Sample 1
Effect of Termination for Default. ‌ 1. The termination of this Agreement for default applies to you and the officers, directors, members, or partners of the Provider Principals. In addition, these Provider Principals, as well as employees of the Provider who engaged in the behavior that led to the default or who failed to comply with any provisions of this Agreement, may be disqualified from future participation as a contracted child care provider. 2. The Department may also choose not to contract with any Provider that has any employment relationship with the Provider Principals, their family members, or employees, or if any of them or any entities in which any of the Provider Principals have any interest, has an interest in, ownership, or control of the new provider. 3. The Department will consider the degree of the relationship with the Provider and the Provider Principals of a family member, employee, business associate, or business entity in determining whether to refuse to contract with a Provider. 4. If the Department terminates this Agreement under this Subsection, the Department will not reimburse you for any services delivered subsequent to the date of termination. If the Department has already reimbursed you for services after the date of termination, you agree to promptly reimburse the Department. You shall be entitled to receive reimbursement for authorized services that are delivered before the effective date of the termination. 5. Any termination of this Agreement by the State shall be without penalty or further obligation of the State.
Sample 1
Effect of Termination for Default. In the event that GSK terminates this Agreement pursuant to Section 8.2 for a default by NPS of Section 7.2(c) or (d), all rights and obligations hereunder shall terminate; provided, however, that GSK shall retain all licenses granted to it by NPS under this Agreement and have the right to continue to exercise its rights thereunder, subject to the payment to NPS of [*] set forth in Section 5.2. In the event that NPS terminates this Agreement pursuant to Section 8.2 for a default by GSK, all rights and obligations hereunder shall terminate; provided, however, that NPS shall retain all licenses granted to it by GSK under this Agreement and have the right to continue to exercise its rights thereunder.
Sample 1
Effect of Termination for Default. ‌ 8.6.1 The termination of this Agreement for default applies to the Provider and the officers, directors, members, or partners of the Provider (collectively, “Principals”). In addition, these Principals, as well as employees of the Provider who engaged in the behavior that led to the default or who failed to comply with any provisions of this Agreement, may be disqualified from future participation as a contracted child care provider.‌ 8.6.2 ADES may also choose not to contract with any Provider that has any employment relationship with the Provider Principals, their family members, or employees, or if any of them or any entities in which any of the Provider Principals have any interest, has an interest in, ownership, or control of the new provider. 8.6.3 The Department will consider the degree of the relationship with the Provider and the Provider Principals of a family member, employee, business associate, or business entity in determining whether to refuse to contract with a Provider.‌
Sample 1

Related to Effect of Termination for Default

  • Effect of Termination for Cause In the event the Executive’s employment shall be terminated for Cause pursuant to Section 5.1 hereof, the Company shall pay the Executive his salary through the date of termination.

  • Notice of Termination; Effect of Termination Any termination of this Agreement under Section 7.1 above will be effective immediately upon the delivery of written notice of the terminating party to the other parties hereto. In the event of the termination of this Agreement as provided in Section 7.1, this Agreement shall be of no further force or effect, except (i) as set forth in this Section 7.2, Section 7.3 and Article 8 (miscellaneous), each of which shall survive the termination of this Agreement, and (ii) nothing herein shall relieve any party from liability for any willful breach of this Agreement. No termination of this Agreement shall affect the obligations of the parties contained in the Confidentiality Agreement, all of which obligations shall survive termination of this Agreement in accordance with their terms.

  • Termination for Default The Commonwealth may terminate this Agreement by notice where it reasonably believes the Grantee: (a) has breached this Agreement; or (b) has provided false or misleading statements in their application for the Grant; or (c) has become bankrupt or insolvent, entered into a scheme of arrangement with creditors, or come under any form of external administration.

  • Termination Effect of Termination 41 Section 8.01. Termination............................................................. 41 Section 8.02. Effect of Termination................................................... 42

  • Effect of Termination Notice Where Network Rail or the Train Operator has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties’ continuing obligations under this contract up to the date of termination, which date shall be determined in accordance with paragraph 3.4(c); (b) the party which has served the Termination Notice shall withdraw it by notice to the other party, upon being reasonably satisfied that the relevant Event of Default has been remedied; and (c) this contract shall terminate on the later of: (i) the date and time specified in the Termination Notice for the contract to terminate (or such later date and time as the party which served the Termination Notice notifies to the other before the date and time so specified); and (ii) the date on which a copy of the Termination Notice is given to XXX.

  • Effect of Termination Upon any expiration of the Term or termination of this Agreement, the obligations and rights of the parties hereto shall cease, provided that such expiration or termination of this Agreement shall not relieve the parties of any obligation or breach of this Agreement accruing prior to such expiration or termination, including, without limitation, all accrued payment obligations arising under Article 6. In addition, Article 5, Article 7, Section 2.12, Section 4.5, and this Section 4.6 shall survive the expiration or termination of this Agreement. For the avoidance of doubt, the rights of Registry Operator to operate the registry for the TLD shall immediately cease upon any expiration of the Term or termination of this Agreement.

  • SUSPENSION & TERMINATION FOR DEFAULT Enterprise Services may suspend Contractor’s operations under this Master Contract immediately by written cure notice of any default. Suspension shall continue until the default is remedied to Enterprise Services’ reasonable satisfaction; Provided, however, that, if after thirty (30) days from such a suspension notice, Contractor remains in default, Enterprise Services may terminate Contractor’s rights under this Master Contract. All of Contractor’s obligations to Enterprise Services and Purchasers survive termination of Contractor’s rights under this Master Contract, until such obligations have been fulfilled.

  • Termination for Default; Remedies 8.2.1 Each of the following shall constitute an immediate event of default (“Event of Default”) under this Agreement: (a) Contractor fails or refuses to perform or observe any term, covenant or condition contained in any of the following Sections of this Agreement:

  • Effect of Termination of Service Except as otherwise provided in accordance with Section 4(b) above, if you cease to be a Service Provider, you will forfeit all unvested Units.

  • Effect of Termination of Agreement Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer and Provider under this Agreement shall be terminated (other than the indemnity obligations set forth in Section 13). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!