Expiry and Termination Sample Clauses
Expiry and Termination a. Unless earlier terminated pursuant to this Section 14, this Restated Agreement shall expire on a country-by-country basis upon the expiration of the Payment Term.
b. At any time prior to expiration of this Restated Agreement, either CORPORATION or NYU may terminate this Restated Agreement forthwith for cause, as “cause” is described below, by giving written notice to the other Party. Cause for termination by CORPORATION or NYU 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 Restated Agreement and such breach or default is not cured within *** (***) days or, in the case of failure to pay any amounts due hereunder, *** (***) days (unless otherwise specified herein) after the giving of notice by the other Party specifying such breach or default, or if either Party discontinues its business or becomes insolvent or bankrupt. NYU acknowledges and agrees that a sublicensee of CORPORATION shall have the right to cure a CORPORATION material breach or default in the event of CORPORATION’s failure to cure.
c. 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 bear interest from such date until the date on which such payment is made, at the rate of *** percent (***%) per annum in excess of the prime rate prevailing at the Citibank, N.A., in New York, during the period of arrears and such amount and the interest thereon may be set off against any amount due, whether in terms of this Restated Agreement or otherwise, to the Party in default by any non-defaulting Party.
d. Upon termination of this Restated Agreement for any reason and prior to expiration as set forth in Section 14(a) hereof, all rights in and to the University Research Technology shall revert to SAMSF and/or NYU, and CORPORATION shall not be entitled to make any further use whatsoever of the University Research Technology.
e. Termination of this Restated Agreement shall not relieve a Party of any obligation to the other Parties incurred prior to such termination.
f. Upon termination of the Payment Term with respect to a Licensed Product in a particular country, the License in respect of such Licensed Product in such country shall become non-exclusive and fully paid-up with respect to such Licensed Product in such country.
g. Sections 1, 3, 8, 12, 13, 14, 17, 19 and 20 hereof shall survive and remain in full force and effect a...
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 a. Unless earlier terminated pursuant to this Section 9.b. or 9.c. below, this Research Agreement will terminate upon the expiration of the Option Period. The provisions of Sections 9, 12 and 15 hereof shall survive and remain in full force and effect after any expiration, cancellation or termination of this Agreement, including early termination as set forth below.
b. At any time prior to expiration of this Agreement pursuant to Section 9.a. hereof, any party may terminate this Agreement 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 after receipt of written notice thereof from the non-breaching party.
c. Any party to this Agreement may, upon giving notice of termination, immediately terminate this Agreement upon receipt of notice that any party has become insolvent or has suspended business or has filed a voluntary petition or an answer admitting the jurisdiction of the U.S. Bankruptcy Court in the material allegations of, or has consented to, an involuntary petition purporting to be pursuant to any reorganization or insolvency law of any jurisdiction, or has made an assignment for the benefit of creditors or has applied for or consented to the appointment of a receiver or trustee for a substantial part of its property.
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 bear interest from such date until the date on which such payment is made, at the rate of two percent (2%) per annum in excess of the prime rate prevailing at the Citibank, N.A., in New York, New York, during the period of arrears and such amount and the interest thereon may be set off against any amount due, whether in terms of this Agreement or otherwise howsoever, to the part in default by any non-defaulting party.
e. Termination of this Agreement shall not relieve the parties of any obligation to the other party incurred prior to such termination.
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.
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. 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 a. Unless earlier terminated pursuant to this Section 15, this Agreement shall expire upon the expiration of the Payment Term in all countries.
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 party discontinues its business or becomes insolvent or bankrupt.
c. 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 bear interest from such date until the date on which such payment is made, at the rate of two percent (2%) per annum in excess of the prime rate prevailing at the Citibank, N.A., in New York, during the period of arrears and such amount and the interest thereon may be set off against any amount due, whether in terms of this Agreement or otherwise, to the party in default by any non-defaulting party.
d. 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 UNIVERSITY Research Technology shall revert to SAMSF and/or NYU, and CORPORATION shall not be entitled to make any further use whatsoever of the UNIVERSITY Research Technology.
e. Termination of this Agreement shall not relieve either party of any obligation to the other party incurred prior to such termination.
f. Sections 3, 8, 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. 7.1 This Agreement may be terminated at any time by the mutual agreement of the CCGs.
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.
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.