Expiry and Termination. (a) Unless earlier terminated pursuant to this Section 15 or Section 8(e), hereof, this Agreement shall expire upon the expiration of the period of the License in all countries as set forth in Section 7(b) above.
(b) At any time prior to expiration of this Agreement, either party may terminate this Agreement forthwith for cause, as "cause" is described below, by giving written notice to the other party. Cause for termination by one party of this Agreement shall be deemed to exist if the other party materially breaches or defaults in the performance or observance of any of the provisions of this Agreement and such breach or default is not cured within sixty (60) days or, in the case of failure to pay *** Portions of this page have been omitted pursuant to a request for Confidential Treatment and filed separately with the Commission. any amounts due hereunder, *** (unless otherwise specified herein) after the giving of notice by the other party specifying such breach or default, or if either NYU or CORPORATION discontinues its business or becomes insolvent or bankrupt.
(c) In the event that CORPORATION determines, at any time following the end of the Research Period, to cease all development or commercialization of all Licensed Products covered by this Agreement, CORPORATION may terminate this Agreement by notifying NYU in writing thereof no less than *** *** prior to the date of termination.
(d) Any amount payable hereunder by one of the parties to the other, which has not been paid by the date on which such payment is due, shall earn interest from such date until the date on which such payment is made, at the rate of *** *** *** during the period of arrears and such amount and the interest thereon may be set of against any amount due, whether in terms of this Agreement or otherwise, to the party in default by any non-defaulting party.
(e) Upon termination of this Agreement for any reason and prior to expiration as set forth in Section 15(a) hereof, all rights in and to the Research Technology shall revert to NYU, and CORPORATION shall not be entitled to make any further use whatsoever of the Research Technology.
(f) Termination of this Agreement shall not relieve either party of any obligation to the other party incurred prior to such termination.
(g) Sections 5, 11, 13, 14, 15 and 19 hereof shall survive and remain in full force and effect after any termination, cancellation or expiration of this Agreement.
Expiry and Termination. 8.1.1 Not before 1st April 2025 the Parties shall meet to discuss and, all acting reasonably and in good faith, determine the arrangements for the disposal of waste after the expiry of the Agreement and the Replacement Operating Contracts.
Expiry and Termination.
19.1 Unless terminated earlier in accordance with this clause, this Agreement will end at the end of the Grant Period and once You have completed the Project to the Department’s satisfaction and the Department has made all payments due.
19.2 Where a party has breached this Agreement:
(a) the other party may give a Notice to that party requiring it to rectify that breach within 30 days of receiving that Notice; and
(b) if the party which received the Notice fails to rectify that breach in time, the other party may terminate this Agreement immediately by giving a further Notice.
19.3 The Department may terminate this Agreement immediately by written Notice if:
(a) You breach a provision of this Agreement in a manner that, in the Department’s opinion, is not capable of remedy;
(b) You breach any of the following provisions: clause 3 (Your Obligations), clause 4 (Holding of Grant), clause 11 (Reporting Requirements) or clause 17 (Insurance);
(c) the Department, in its absolute discretion, decides that any third party is unable to comply with, may be unable to comply with or have not complied with its obligations to provide Contribution towards the Project as specified in the Budget; or
(d) You become insolvent, or if You are the subject of a debtors or creditors petition under the Bankruptcy Act 1966 (Cth), or if You resolve to go into administration or liquidation or have a summons for Your winding up presented to a Court or enter into any scheme of arrangement with Your creditors.
19.4 The Department may terminate this Agreement by giving You 30 days’ Notice, if any one or more of the following occurs:
(a) in the Department’s opinion You are not carrying out the Project diligently and competently;
(b) You have not completed one or more of the activities by the date they are due to be completed;
(c) the Department considers the Project no longer viable; or
(d) the Department considers that there has been a material change in circumstances in Your financial position, Your structure or Your identity.
19.5 Notwithstanding clause 19.3:
(a) the Department may, at any time, by notice, terminate this Agreement or reduce the scope of the Project.
(b) On receipt of a notice of termination or reduction of Project scope You must:
(i) take all available steps to minimise loss resulting from that termination or reduction and to protect Intellectual Property and Project Materials; and
(ii) continue to undertake any part of the Project not affected by the notice.
(c) If t...
Expiry and Termination. After the expiry of the Agreement term or once the total value has been reached, no more new Assignment Orders can be concluded. The Agreement terminates once all of the existing Assignment Orders are fully completed by the Contractor and approved by the Principal and the Parties have fulfilled their contractual obligations arising out of this Agreement.
Expiry and Termination a. Unless earlier terminated pursuant to this Section 10 or Section 5.e., hereof, this Agreement shall expire upon the expiration of the period of the License in all countries as set forth in Section 4.b. above.
b. At any time prior to expiration of this Agreement, either party may terminate this Agreement forthwith for cause, as “cause” is described below, by giving written notice to the other party. Cause for termination by one party of this Agreement shall be deemed to exist if the other party materially breaches or defaults in the performance or observance of any of the provisions of this Agreement and such breach or default is not cured within sixty (60) days or, in the case of failure to pay any amounts due hereunder, thirty (30) days (unless otherwise specified herein) after the giving of notice by the other party specifying such breach or default, or if either HJD or Orthogen discontinues its business or becomes insolvent or bankrupt.
d. Upon termination of this Agreement for any reason and prior to expiration as set forth in Section 10.a. hereof, all rights in and to the Research Technology previously held by HJD shall revert to HJD.
e. Termination of this Agreement shall not relieve either party of any obligation to the other party incurred prior to such termination. Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Registrant’s application requesting confidential treatment pursuant to Rule 406 of the Securities Act of 1933, as amended.
f. Sections 9, 10, 11 and 15 hereof shall survive and remain in full force and effect after any termination, cancellation or expiration of this Agreement.
Expiry and Termination. The Authority shall be entitled, at any time on or before the Expiry Date or a Termination Date, to request that the Contractor delivers all Documents (including computer records) in its possession, custody or control, which contain information relating to Young People, including any Documents in the possession, custody or control of a sub-contractor, to the Authority or as the Authority otherwise so directs. The Parties acknowledge that the National Audit Office has the right to publish details of this Contract (including Commercially Sensitive Information) in its relevant reports to Parliament.
Expiry and Termination. After the expiry of the Agreement term or once the Total Value has been reached, no more new requests for the Services can be issued by the Company. The Agreement terminates once all of the existing Services are fully completed by the Contractor and approved by the Company and the Parties have fulfilled their contractual obligations arising out of the Agreement.
Expiry and Termination. 7.1 This Agreement may be terminated at any time by the mutual agreement of the CCGs.
Expiry and Termination. 13.1 Subject to Conditions 13.2 and 13.3, the Purchase Order shall expire upon the fulfilment of each party’s obligations under the Purchase Order.
13.2 Without prejudice to any other rights that WiC may have under these Standard Terms and Conditions, WiC shall be entitled to terminate the Purchase Order with immediate effect by giving notice in writing to the Supplier if the Supplier commits a material breach of its obligations under the Purchase Order and (if such breach is remediable) fails to remedy that breach within a period of fifteen (15) days after receipt of notice in writing requiring it to do so.
13.3 Either party may terminate the Purchase Order with immediate effect by giving notice in writing to the other party if the other party: (a) is declared bankrupt, becomes insolvent, is unable to pay debts or enters into an arrangement with its creditors; or (b) has a petition presented, an order made or a resolution passed for its liquidation (otherwise than for the purposes of a solvent amalgamation or reconstruction), administration, bankruptcy or dissolution or if an administrative or other receiver, manager, trustee, liquidator, administrator or similar officer is appointed to the other party and/or over all or any part of the assets of the other party.
13.4 Termination or expiry of the Purchase Order shall not prejudice any of the parties' rights and remedies which have accrued as at termination or expiry. The rights and obligations of the parties under the Purchase Order which are intended to continue beyond the termination or expiry of the Purchase Order shall survive the termination or expiry of the Purchase Order.
Expiry and Termination. 6.1 This letter agreement shall expire on 28 February 2022 and may only be extended in accordance with Clause 6.2 below.
6.2 Subject to the Authority’s prior approval, Nucleus Connect may extend this letter agreement on such terms and conditions as Nucleus Connect may determine in its absolute discretion.
