Immediate Right to Terminate. A Party may immediately terminate this Agreement upon written notice to the other Parties if, at any time, (i) any other Party files for or is subject to the institution of bankruptcy, reorganization, liquidation or receivership proceedings, (ii) any other Party assigns all or a substantial portion of its assets for the benefit of creditors, (iii) a receiver or custodian is appointed for any other Party’s business, (iv) a substantial portion of any other Party’s business is subject to attachment or execution process based on a final, non-appealable court judgment or order or arbitral award, or (v) the Joint Venture Agreement has terminated; provided, however, that in the case of any involuntary bankruptcy, reorganization, liquidation or receivership proceeding under clause (i) above, no right of termination will arise unless and until such proceeding remains undismissed for at least ninety (90) days after the commencement thereof.
Immediate Right to Terminate. Either party shall have the right to immediately terminate this Agreement by giving written notice in the event that the other party does any of the following:
A. Files a petition in bankruptcy or is adjudicated bankrupt or insolvent, or makes an assignment for the benefit of creditors, or an arrangement pursuant to any bankruptcy law, or discontinues or dissolves its business; or
B. Engages in any illegal, unfair, or deceptive business practices or unethical conduct whatsoever.
Immediate Right to Terminate. Metering Interference
Immediate Right to Terminate. Company shall have the right to immediately terminate this Agreement by giving written notice to Contractor in the event that the Contractor does any of the following:
A. Files a petition in bankruptcy or is adjudicated bankrupt or insolvent, or makes an assignment for the benefit of creditors, or an arrangement pursuant to any bankruptcy law, or if Contractor discontinues or dissolves its business.
B. Engages in any illegal, unfair, or deceptive business practices or unethical conduct whatsoever.
C. In the event of any sale of a majority interest in Contractor to a third party, except in the event of an Initial Public Offering (IPO).
Immediate Right to Terminate. A PORTION OF THE AGREEMENT - The Licensor shall have the right to immediately terminate the portion(s) of this Agreement relating to any Licensed Product(s) and any country or countries in the Licensed Territory in connection with which the Licensee, for any reason, fails to commence sale, shipment and distribution of any such Licensed Product(s) in any such country or countries in accordance with the terms of this Agreement.
Immediate Right to Terminate. A Party may immediately terminate this Agreement upon written notice to the other Party if, at any time during the Term, (i) the other Party files for or is subject to the institution of bankruptcy, reorganization, liquidation or receivership proceedings, (ii) the other Party assigns all or a substantial portion of its assets for the benefit of creditors, (iii) a receiver or custodian is appointed for the other Party’s business, (iv) a substantial portion of the other Party’s business is subject to attachment or execution [**] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. process based on a final, non-appealable court judgment or order or arbitral award, or (v) the Joint Venture Agreement has terminated; provided, however, that in the case of any involuntary bankruptcy, reorganization, liquidation or receivership proceeding under clause (i) above, no right of termination will arise unless and until such proceeding remains undismissed for at least ninety (90) days after the commencement thereof.
Immediate Right to Terminate. Company shall have the right to immediately terminate this Agreement by giving written notice to Contractor in the event that the Contractor does any of the following:
A. Files a petition in bankruptcy or is adjudicated bankrupt or insolvent, or makes an assignment for the benefit of creditors, or an arrangement pursuant to any bankruptcy law, or if Contractor discontinues or dissolves its business.
B. Makes any change in the current management of Contractor that, in the opinion of the Company, would substantially impair Company’s rights under this Agreement. Contractor has disclosed its current engagement as the principals of Reliant International Media, LLC and the possibility of mergers and acquisitions in the future that shall not be a cause for Company to terminate.
C. Engages in any illegal, unfair, or deceptive business practices or unethical conduct whatsoever.
D. In the event of any sale of a majority interest in Contractor to a third party.
Immediate Right to Terminate. Badger Meter shall have the right to immediately terminate this Agreement: (i) in order to protect its Confidential Information, or its Intellectual Property Rights in the Portal or Service; (ii) in order to comply with applicable law (iii) if Customer makes any representation or warranty which is materially untrue as of the Effective Date or at any time during the Term; or (iv) upon an assignment for the benefit of creditors, if Customer suffers or permits the appointment of a receiver for its business or assets, or avails itself of, or becomes subject to, any proceeding under any statute relating to insolvency or for the protection of creditor rights or if a party becomes insolvent or technically bankrupt.
Immediate Right to Terminate. Either Party shall have the right to immediately terminate this Agreement: (i) in order to protect its Confidential Information, or for Badger Meter to protect its Intellectual Property Rights in the Portal or Service; (ii) in order to comply with applicable law (iii) if the other Party makes any representation or warranty which is materially untrue as of the Effective Date or at any time during the Term; or (iv) upon an assignment for the benefit of creditors, if the Other Party suffers or permits the appointment of a receiver for its business or assets, or avails itself of, or becomes subject to, any proceeding under any statute relating to insolvency or for the protection of creditor rights or if a party becomes insolvent or technically bankrupt.
Immediate Right to Terminate. Licensor may terminate this Agreement, effective immediately, upon any of the following: (1) Licensee fails to pay any amount when due under this Agreement and such failure is not cured within thirty (30) days of written notice of such failure; (2) any warranty, representation, certification, or other statement made by or on behalf of Licensee and contained in this Agreement or in any other document furnished in compliance with or in reference to this Agreement is made incorrect, false, misleading, or untrue without Licensor’s prior written consent; (3) Licensee has any license or permit associated with its obligations as contemplated herein revoked, suspended, or otherwise penalized and such default is not cured within thirty (30) days; (4) Licensed Products fail Testing or Quality Standards on three (3) or more occasions, regardless of cure; (5) Licensee is or becomes Insolvent (as defined below); (6) Licensee commits a breach of any provision of this Agreement not otherwise listed in this Section 15(a)(ii) and fails to correct such breach within thirty (30) days after written notice of such breach from Licensor; (7) Licensee fails to meet sales Goals on three (3) or more occasions; (8) Licensee commits three (3) or more breaches of this Agreement in a twelve (12) month period, regardless of cure; (9) in the event that Licensee engages in any act or omission that constitutes Incompatible Conduct (as defined below); (10) Licensee’s business activities materially tarnish, blur, or dilute the quality associated with the Licensed Property, or the associated goodwill, and Licensee fails to cure or adequately address such tarnishment, as assessed in Licensor’s sole discretion within thirty (30) days after notice thereof; or (11) either Licensor or Licensee undergoes a Change of Control (as defined below). Licensee may terminate this Agreement, effective immediately, upon any of the following: (A) any warranty, representation, certification, or other statement made by or on behalf of Licensor and contained in this Agreement or in any other document furnished in compliance with or in reference to this Agreement is made incorrect, false, misleading, or untrue without Licensor’s prior written consent; (B) Licensor has any license or permit associated with its obligations as contemplated herein revoked, suspended, or otherwise penalized and such default is not cured within thirty (30) days; (C) Licensor is or becomes Insolvent; or (D) Licensor commits a breach of a...
