Events Causing Termination. This Agreement and all Licenses will terminate:
(a) Automatically and without notice on the following events: (I) Customer’s breach of any of clauses (i) through (vii) of Section 1.4 or Sections 3 or 8.4 hereof; (II) a receiver, trustee, liquidator, or such similar officer is appointed for Customer or for any of Customer’s properties or assets; (III) Customer makes a general assignment for the benefit of Customer’s creditors; (IV) Customer files a petition for its reorganization, dissolution or liquidation, or such a petition is filed against Customer and is not dismissed within sixty (60) days thereafter; or (V) Customer ceases doing business or commence dissolution or liquidation proceedings; or
(b) Thirty (30) days after written notice from PTC specifying a breach (other than as listed in Section 7.1(a) above) of this Agreement, including failure to make any payment due to either PTC or a Reseller in connection with the Licensed Products in a timely manner, if that breach is not, within that thirty (30) day period, remedied to PTC’s reasonable satisfaction.
Events Causing Termination. The Executive's employment hereunder will terminate upon the occurrence of any of the following events:
(1) The Executive's death, or a determination of his legal incapacity by a court of competent jurisdiction;
(2) The termination of the Executive's employment hereunder by the Company, by written notice to the Executive, upon the Executive's inability due to illness or injury to perform the essential functions of his position with or without reasonable accommodation;
(3) The termination of the Executive's employment hereunder by the Company, for Cause, by written notice to the Executive;
(4) The termination of the Executive's employment hereunder by the Company, without Cause, by written notice to the Executive;
(5) The termination of the Executive's employment hereunder by the Executive, for Good Reason, by thirty (30) days prior written notice to the Company; or
(6) The expiration of the Term of this Agreement under Section 1(D) hereof.
Events Causing Termination. The Partnership shall dissolve, wind up and terminate upon the first to occur of the following:
(a) The expiration of the term of the Partnership;
(b) The occurrence of an Event of Withdrawal unless the business of the Partnership is continued as provided in Article 8;
(c) Upon the written consent of all Partners.
Events Causing Termination. The Company shall be terminated and its affairs wound up on the first to occur of the following:
(a) the Retirement of a Manager unless the business of the Company is continued as provided in Article XIV; or
(b) the election to dissolve the Company made in writing by all the Members; or
(c) the sale or other disposition of all or a substantial part of the assets of the Company; or
(d) any other act or event causing a dissolution under the Act.
Events Causing Termination. This Agreement and all restrictions on stock transfer created hereby shall be effective as of the date hereof and shall terminate on (a) the occurrence of the bankruptcy, receivership or dissolution of the Corporation, (b) the public trading of the Corporation's common stock, or (c) the execution of a written instrument by the Corporation and the party or parties who then own Shares subject to this Agreement which terminates the same.
Events Causing Termination. Your employment hereunder shall continue until the end of the Original Term, as such term may be extended herein, unless terminated earlier as follows: (i) by your death; (ii) by the Corporations, at their option, upon written notice to you, upon your physical or mental incapacity or inability to perform services as contemplated hereby (as reasonably determined by the Corporations' Boards of Directors) for a period of at least 180 days; (iii) by the Corporations, at their option, upon written notice to you, for Cause (as defined in Section 4(b) below); (iv) by the Corporations, at their option, without Cause, upon thirty (30) days prior written notice to you; (v) by you, at your option, for Good Reason (as defined in Section 4(b) below), upon written notice to the Chairs of the Corporations' Boards of Directors; or (vi) by you, without Good Reason, upon thirty (30) days prior written notice to the Chairs of the Corporations' Boards of Directors.
Events Causing Termination. Except as otherwise provided in this Agreement, the Company shall be dissolved and shall terminate, and its affairs shall be wound up, upon the occurrence of any of the following events (the "Termination Event”):
(a) the bankruptcy of the Company;
(b) the determination of the Manager with the consent of the Members by Majority Vote;
(c) December 31, 2024; provided, however, that the Manager may, by giving written notice to the Members, extend the terms through December 31, 2025.
(d) A Withdrawal Event of the Manager except to the extent otherwise provided in Section 6.11;
(e) the sale or other disposition of all or substantially all of the assets of the Company; or
(f) the entry of a decree of judicial dissolution of the Company pursuant to Section 18-801 of the Delaware Act.
Events Causing Termination. The Partnership shall be terminated and its affairs wound up on the first to occur of the following:
(a) the Withdrawal of any General Partner, unless the remaining General Partner or Partners, if any, or a Substitute General Partner admitted in accordance with Section 9.5 hereof, agree to continue the Partnership business pursuant to Section 9.5; or
(b) an election to dissolve the Partnership made in writing by the General Partners with the Consent of a majority in interest of the Investor Limited Partners, or, subject to compliance with Section 13, hereof, made by a majority in interest of the Investor Limited Partners without action by the General Partners; or
(c) the sale or other disposition of all or substantially all of the assets of the Partnership unless the General Partners elect to continue the Partnership business for the purpose of the receipt and collection of a note and payments thereon or the collection of any other consideration to be received in exchange for the assets of the Partnership (which activities shall be deemed to be a part of the Terminating Capital Transaction and the winding up of the affairs of the Partnership); or
(d) the expiration of the Partnership term; or
(e) any other event which causes the termination and dissolution of the Partnership under the Massachusetts Uniform Limited Partnership Act to the extent not otherwise provided herein.
Events Causing Termination. Employee’s employment with Employer and all Employer’s obligations under this Agreement shall immediately terminate, without liability to Employer, upon the occurrence of any one of the following events:
a. Employee’s death;
b. Employee’s permanent disability as determined by the Employer;
c. Employee is convicted by a court of competent jurisdiction of fraud, misappropriation, embezzlement, dishonesty, or other similar act; or
d. both Employee and Rxxxx Xxxxxxx agree that Employee should voluntarily terminate his employment with Employer.
Events Causing Termination. The Company shall be dissolved, and its affairs shall be wound up upon the first to occur of the following (i) the written consent of the Member, or (ii) the entry of a decree of judicial dissolution under the Act.
