Effect of Termination on Payments Sample Clauses

Effect of Termination on Payments. Notwithstanding any provision of this Agreement to the contrary, the Consulting Term shall be terminated prior to the Expiration Date upon any of the following: (i) the termination of the Consulting Term on a date mutually agreed to in writing by the Parties; (ii) the death or adjudicated incompetency of Consultant; (iii) the termination of the Consulting Term by the Company without Cause; or (iv) the termination of the Consulting Term by the Company for Cause.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Effect of Termination on Payments. The termination or expiration of this Agreement shall not affect either Party’s obligation to reimburse or pay the other Party any amount due and owing under this Agreement through the effective date of such termination or expiration.
Sample 1Sample 2
Effect of Termination on Payments. (i) In the event this Agreement is terminated by Sanofi pursuant to Section 11.2(a), [***] shall [***]. (ii) In the event this Agreement is terminated by Relypsa pursuant to Section 11.2(a) or Section 11.2(e), or by Sanofi pursuant to Section 11.2(i), the [***]. (iii) In the event this Agreement is terminated by Relypsa pursuant to Section 11.2(b), if as of the end of the calendar year in which this Agreement is so terminated, Sanofi is [***] pursuant to the terms of Section 6.1(a)(ii) and Section 6.1(b), [***] shall pay [***], and if Sanofi is [***] pursuant to the terms of Section 6.1(a)(ii) and Section 6.1(b), the [***]. (iv) In the event this Agreement is terminated by either Party pursuant to Section 11.2(c), Section 11.2(d), Section 11.2(f), Section 11.2(g) and Section 11.2(h), then after the end of the calendar year in which this Agreement is terminates, [***] shall pay [***]. For example, if the Agreement was in effect for ten (10) days in a Calendar Year, [***].
Sample 1Sample 2
Effect of Termination on Payments. (i) In the event this Agreement is terminated by Sanofi pursuant to Section 0, [***] shall [***]. (ii) In the event this Agreement is terminated by Relypsa pursuant to Section 0 or Section 0, or by Sanofi pursuant to Section 0, the [***]. (iii) In the event this Agreement is terminated by Relypsa pursuant to Section 0, if as of the end of the calendar year in which this Agreement is so terminated, Sanofi is [***] pursuant to the terms of Section 0 and Section 6.1(b), [***] shall pay [***], and if Sanofi is [***] pursuant to the terms of Section 0 and Section 6.1(b), the [***]. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. EXECUTION VERSION (iv) In the event this Agreement is terminated by either Party pursuant to Section 0, Section 0, Section 0, Section 0 and Section 0, then after the end of the calendar year in which this Agreement is terminates, [***] shall pay [***]. For example, if the Agreement was in effect for ten (10) days in a Calendar Year, [***].
Sample 1
Effect of Termination on Payments. (A) TERMINATION PRIOR TO END OF COMMITMENT TERM. In the event that Allergan terminates this Agreement prior to the end of the Commitment Term for any reason, other than for cause under SECTION 12.2 (TERMINATION OF CAUSE), effective as of the effective date of such termination, Allergan will not be entitled to receive further payments under this SECTION 7.1 except for previously owed or accrued amounts that have not yet been paid to Allergan (if any).
Sample 1

Related to Effect of Termination on Payments

  • Effect of Termination on Compensation In the event of the termination of this Agreement prior to the completion of the term of employment specified in Article 1, the Employee shall be entitled to the compensation earned by the Employee prior to the effective date of termination as provided for in this Agreement, computed pro rata up to and including that date. Except as otherwise provided in this Agreement, the Employee shall be entitled to no further compensation after the date of termination.

  • 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.

  • 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.

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

  • Termination and Effect of Termination This Agreement shall terminate upon the date on which no Holder holds any Registrable Securities, except for the provisions of Sections 3.9 and 3.10, which shall survive any such termination. No termination under this Agreement shall relieve any Person of liability for breach or Registration Expenses incurred prior to termination. In the event this Agreement is terminated, each Person entitled to indemnification rights pursuant to Section 3.9 hereof shall retain such indemnification rights with respect to any matter that (i) may be an indemnified liability thereunder and (ii) occurred prior to such termination.

  • Effect of Termination and Abandonment In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, no party to this Agreement shall have any liability or further obligation to any other party hereunder except (a) as set forth in Sections 8.03 and 9.01 and (b) that termination will not relieve a breaching party from liability for any willful breach of this Agreement giving rise to such termination.

  • 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.

  • Compensation on Termination An Employee whose services have been terminated for any cause and who within three (3) months of separation is diagnosed by a physician as having tuberculosis, shall be entitled to the above compensation and the salary rate shall be based on the salary he was receiving at the time his services were terminated. The benefits of this provision may be extended for an additional three (3) months, provided that the former Employee concerned submits a x-ray plate taken within three (3) months after the termination of employment.

  • Effect of Termination or Reduction Any termination or reduction of the Commitments of a Class shall be permanent. Each reduction of the Commitments of a Class shall be made ratably among the Lenders of such Class in accordance with their respective Commitments.

  • Termination on Change of Control 26.12.1 The Supplier shall notify the Authority immediately in writing if the Supplier undergoes a change of control within the meaning of Section 450 of the Corporation Tax Act 2010 ("Change of Control") and provided this does not contravene any Law shall notify the Authority immediately in writing of any circumstances suggesting that a Change of Control is planned or in contemplation. The Authority may terminate this Framework Agreement by giving notice in writing to the Supplier with immediate effect within six (6) Months of: (a) being notified in writing that a Change of Control has occurred; or (b) where no notification has been made, the date that the Authority becomes aware of the Change of Control, if it believes, acting reasonably, that such change is likely to have an adverse effect on the provision of the Services, but it shall not be permitted to terminate this Framework Agreement where an Approval was granted prior to the Change of Control

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