Exit Strategy. You must have a plan in place to address what will be done in the event of closure or termination of the Services under the Service Agreement. This Exit Strategy may include details on the process that You will employ to cease the Services, arrangements for relevant employees, the continuity of the Services to the Service Users, the handling of records and information in relation to the Services and how the Assets will be dealt with, distributed or transferred. Where the Service Agreement comes to an end for any reason, the Assets (if any) will be distributed as directed by Us.
Exit Strategy. 17.1 The Parties recognise that in the event of the BID Arrangements coming to an end and not being renewed in accordance with statutory provisions and/or in the event of this Agreement expiring by any means the Parties will need to agree an Exit Strategy how Services within the BID Area will continue to be provided.
17.2 Either Party may give notice to the other either, (a) when serving notice under Clause 11 (disagreements) or (b) at any time not before the fourth anniversary of the Effective Date, requiring the other party to attend a meeting or meetings to prepare an agreed Exit Strategy.
17.3 Failure on the part of either Party to respond to such a request or to agree an Exit Strategy will entitle the other Party to invoke the disagreements procedure set out in Clause 11.
Exit Strategy. 32.1 On termination of the Contract, at any time and for whatever reason, the Authority shall not be liable for additional charge(s) other than those the Contract conditions that apportion liability to the Authority in respect of the winding up of the Contract, for the handover by the Contractor, to any successor Contractor or the Authority, of all the data relevant to the performance of this work by that successor Contractor.
32.2 To provide for the possibility of a handover to either a successor Contractor or the Authority on termination of the Contract, the Contractor shall make available, in a format which he would expect were he the successor contractor, the following: All relevant support documentation including repair specification and hardware. All Ministry holdings. All reports, databases, software etc produced over the period of the Contract.
32.3 The handover shall include a provision within a 12 month period from termination of the Contract, for any successor contractor or the Authority to be directed by the present Contractor, in all matters that the successor contractor or Authority may raise as relevant to the past and/or future performance of work under the Contract.
Exit Strategy. The Steering Group shall establish a Sustainability Sub-Group to plan for the future development of the [insert details and descriptions of the Deliverables] ‘the Deliverables’. The Steering Group shall hold two Special Meetings, the first twelve months prior to the end of the Project, and the second at the end of the Project, whose business shall be exclusively to develop a suitable strategy or strategies for future development of the Deliverables, including the pursuit of additional funding from appropriate sources. In the event that additional funding is secured for future development of the Deliverables, the Steering Group shall be responsible for making such financial and administrative arrangements as are necessary to secure the effective and efficient continuation of the Consortium including any necessary revisions of this Consortium Agreement, for approval by the Parties.
Exit Strategy. Sellers, Bxxxxx and Dxxxxxxx agree and covenant that: (1) Sellers, Bxxxxx and Dxxxxxxx shall cause Sellers to evaluate and seriously consider a sale of Sellers or "taking Sellers public" within 60 months following the First Tranche Closing Date; (2) Buyer or Buyer's designee shall have a 60-day right of first refusal to purchase all Sellers together, or a Seller individually, or any portion of any Seller, if the decision is made to sell such Seller(s) or portion thereof, but if Buyer or Buyer's designee for any reason does not exercise such right of first refusal then Buyer shall have so-called "tag along" rights in any such sale, and such Seller(s) shall have so-called "drag along" rights in any such sale; and (3) Buyer shall have so-called "tag along" rights in any "going public" transaction and Sellers shall have so-called "drag along" rights in any "going public" transaction.
Exit Strategy. Platinum shall use commercially reasonable efforts in order to terminate the need for the Services as soon as reasonably practicable following the Closing Date (the "TRANSITION"), and in order to accomplish this Transition, Platinum will need assistance from the employees, contractors or managed vendors of St. Xxxx. St. Xxxx agrees to assign its Transition coordinator (as set forth in paragraph (ii) below) and to provide other reasonably necessary assistance to allow Platinum and its Post-closing Subsidiaries to exit St. Paul's systems in a timely and efficient manner.
Exit Strategy. 9.1 If at the end of the 5 year MAA: (i) NICE does not recommend ataluren for NHS funding, NHS England funding for ataluren will cease to be available for all patients and treatment will cease (in which case cessation shall be managed between the MAH and NHS England to ensure it is effected in a controlled manner); (ii) NICE recommends ataluren for NHS funding, further funding from NHS England will not be automatic and will be conditional on the agreement of commercial terms in relation to such funding between NHS England and the MAH.
9.2 The cessation of funding under this MAA and the conditionality of further funding as specified in clause 9.1 above apply notwithstanding any desire which patients and their NHS clinicians may have for continued treatment with ataluren. NHS England and the MAH shall use their reasonable endeavours to ensure that any patient being treated with ataluren which is funded by NHS England under this MAA is made aware of these funding limitations and accepts them when they sign the Patient Agreement (Appendix 2).
Exit Strategy. Option 1: ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■
18.1. No party shall assign, mortgage, charge, or otherwise encumber, ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ 75 % ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
Exit Strategy. You do not have to have an exit strategy, but we strongly ■ ■ ■ ■ ■ ■ ■ ■ ■ ■
Exit Strategy. The Company hereby covenants and agrees with each of the Investors that if the Company has not closed a Qualified IPO or Deemed Liquidation (as defined in the Certificate of Incorporation of the Company, as the same may be amended, or amended and restated, from time to time) prior to the fifth anniversary of the Closing, the Company, at the request of Index, shall, at the Company’s expense, promptly engage reputable investment bankers to investigate exit opportunities and strategies for the Company and the potential sale of shares of Company stock held by Index and/or the affiliates of Index. The Board of Directors will review and properly consider in good faith and disclose to Index, any findings and recommendations by, and advice received from, such bankers.
