General Termination Rights. Notwithstanding DWP’s right to terminate this Grant Agreement pursuant to clause 22.3 above, either Party may terminate this Grant Agreement at any time by giving written notice to the other Party. The notice period will end when all existing Kickstart Scheme engagements of Participants at the time notice is given have finished. No further new Kickstart Scheme jobs will begin once notice has been served.
General Termination Rights. Upon the occurrence of the following events, either party may terminate this Agreement by giving the other party sixty (60) days prior written notice:
(a) Upon the bankruptcy or insolvency of the other party; or
(b) Upon the material breach of any provision of this Agreement by the other party if the breach is not remedied prior to the expiration of such sixty (60) - day notice period, or if the breach is of a type that cannot be remedied within Sixty (60) days then a remedy promptly commenced and diligently pursued until complete remediation.
General Termination Rights. Termination for Convenience
General Termination Rights. Either party may terminate this Agreement as follows:
(a) immediately by providing written notice to the other party: (i) if proceedings in voluntary or involuntary bankruptcy are initiated by, on behalf of or against the other party (and, in the case of any such involuntary proceeding, not dismissed within ninety (90) days); or (ii) if the other party is adjudicated bankrupt, files a petition under applicable insolvency laws, is dissolved or has a receiver appointed for substantially all of its property; or
(b) by giving to the other party [***] days’ prior written notice upon the breach of any warranty or any other material provision of this Agreement by the other party if the breach is not cured within [***] days after written notice thereof to the party in default; or
(c) upon notice to the other party should the other party continue to be unable to perform its obligations under this Agreement for a period in excess of [***] days by reason of force majeure, in accordance with Section 12.1(a); or
(d) after September 30, 2012, by giving to the other party [***] prior written notice [***]. The provisions of this Section 10.3(d) shall apply only [***] and not to the transfer, sale or divestiture of substantially all of the stock, business and/or assets of Theravance. In the event Theravance exercises this termination right, Theravance shall be obligated to order, purchase and take delivery of [***] of Product from Hospira prior to the effective date of termination of the Agreement at the then-current prices set forth on Exhibit 5.11. In lieu of ***CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. Theravance ordering and taking delivery of any or all of the [***], Theravance shall have the option to [***] Hospira’s manufacture and delivery obligations for such batches. This obligation shall not be exclusive of any other obligation owed by or accruing to Theravance prior to the date of termination.
General Termination Rights. Either Party may terminate this Agreement:
General Termination Rights. Either party may terminate this Agreement by giving to the other [ ]* prior written notice as follows:
a. Upon the bankruptcy or the insolvency of the other party unless, in the case of an involuntary proceeding, it is dismissed within the notice period; or
b. Upon the breach of any warranty or any other material provision of this Agreement by the other party if the breach is not cured within [ ]* after written notice thereof to the party in default.
General Termination Rights. Either party may terminate the Agreement at any time in the event of a material breach by the other party that remains uncured after thirty (30) days written notice of the breach.
General Termination Rights. Either party may terminate ---------------------------- this Agreement by giving to the other party sixty (60) days prior written notice as follows:
(a) Upon the bankruptcy or the insolvency of the other party;
(b) Upon the breach of any warranty or any other material provision of this Agreement by the other party if the breach is not cured within sixty (60) days after written notice thereof to the party in default; or
(c) Upon the breach of Sections 2.3(b) or (c) of the Termination Agreement by the other party if the breach is not cured in accordance with the terms and conditions thereunder.
General Termination Rights. Upon the occurrence of the following events, either party may terminate this Agreement by giving the other party [ * ] prior written notice:
(a) Upon the voluntary or involuntary filing of bankruptcy or insolvency of the other party; or
(b) Upon the material breach of any provision of this Agreement by the other party if the breach is not remedied prior to the expiration of such [ * ] notice period, or if the breach is of a type that cannot be remedied within [ * ], then a remedy promptly commenced and diligently pursued until complete remediation.
General Termination Rights. Either party may terminate this Agreement as follows:
(a) immediately by providing written notice to the other party: (i) if proceedings in voluntary or involuntary bankruptcy are initiated by, on behalf of or against the other party (and, in the case of any such involuntary proceeding, not dismissed within ninety (90) days); or (ii) if the other party is adjudicated bankrupt, files a petition under applicable insolvency laws, is dissolved or has a receiver appointed for substantially all of its property; or
(b) by giving to the other party [*] days’ prior written notice upon the breach of any warranty or any other material provision of this Agreement by the other party if the breach is not cured within sixty (60) days after written notice thereof to the party in default; or
(c) Upon [*] days’ written notice to the other party should the other party continue to be unable to perform its obligations under this Agreement for a period in excess of one hundred eighty (180) days by reason of force majeure, in accordance with Section 12.1(a).
