Immediate Termination Events. (a) If Applicant defaults on any of its obligations under the Global Services Agreement or any Service Agreement in effect between Applicant and either UL Contracting Party or another UL Company, UL Contracting Party may, in its sole discretion, immediately terminate or suspend, in whole or in part, the Field Certification Service Agreement, any other Service Agreement between Applicant and UL Contracting Party and any and all rights or authorities granted to Applicant by virtue of the Field Certification Service Agreement or those other Service Agreements. Such termination will be without prejudice to any other rights or remedies that UL Contracting Party might have for default, subject to any limitations under the Global Services Agreement.
(b) In the event that UL Contracting Party defaults on any of its obligations under the Field Certification Service Agreement, the Applicant may, in its sole discretion, immediately terminate the Field Certification Service Agreement. Such termination will be without prejudice to any other rights or remedies that Applicant might have for default, subject to any limitations under the Global Services Agreement.
Immediate Termination Events. (a) If Subscriber defaults on any of its obligations under any Service Agreement in effect between Subscriber and either UL Contracting Party or another UL Company, UL Contracting Party may, in its sole discretion, immediately terminate, in whole or in part, the Service Agreement for Follow-Up Services, any other Service Agreement between Subscriber and UL Contracting Party and any and all rights or authorities conferred upon Subscriber by virtue of the Service Agreement for Follow-Up Services or any other Service Agreement. Such termination shall be without prejudice to any other rights or remedies that UL Contracting Party might have for default, subject to any limitations under the Global Services Agreement.
(b) If UL Contracting Party defaults on any of its obligations under the Service Agreement for Follow-Up Services, the Subscriber may, in its sole discretion, immediately terminate the Service Agreement for Follow-Up Services. Such termination shall be without prejudice to any other rights or remedies that Subscriber might have for default, subject to any limitations under the Global Services Agreement.
Immediate Termination Events. The Chapter shall be known as the Chapter of US Lacrosse, a regional Chapter of US Lacrosse. This name shall be used only in connection with the Chapter's operations provided for hereunder. Notwithstanding anything to the contrary contained herein, the parties agree that in the event the Chapter or any person, firm or entity acting on behalf of the Chapter takes or fails to take any action that US Lacrosse determines, in its sole and absolute discretion, could adversely affect or bring public disgrace or disrepute to US Lacrosse (an “Immediate Chapter Termination Event”), US Lacrosse shall have the right, but not the obligation, without prejudice to any other rights, remedies or prerogatives it might have hereunder or at law or in equity, immediately to suspend any benefits or other incidents of chapter status on such terms and conditions as US Lacrosse may specify, or to cancel and terminate this Agreement and all rights granted to the Chapter hereunder. In addition, in the event that any officer, director, agent or employee of the Chapter is acting, has acted, or fails to act in a manner that US Lacrosse determines, in its sole and absolute discretion, is inconsistent with the mission, goals, purposes or code of ethics/conduct of US Lacrosse and/or the Chapter (an “Immediate Individual Termination Event”), US Lacrosse shall have the right but not the obligation, without prejudice to any other rights, remedies or prerogatives it might have hereunder or at law or in equity immediately to suspend or remove or cause the Chapter to suspend or remove such person from his or her position with the Chapter, and, as applicable, to bar such person from further involvement with the Chapter in whole or part either on a temporary or precautionary basis or permanently, as the case may be. The Chapter’s failure to address the request of US Lacrosse when an Immediate Individual Termination Event occurs may be deemed to be an Immediate Chapter Termination Event.
Immediate Termination Events. Either party may terminate or suspend this Agreement immediately and without liability upon written notice to the other party if any one of the following events occurs:
(a) the other party files a voluntary petition in bankruptcy or otherwise seeks protection under any law for the protection of debtors;
(b) a proceeding is instituted against the other party under any provision of any bankruptcy law which is not dismissed within ninety (90) days;
(c) the other party is adjudged bankrupt;
(d) a court assumes jurisdiction of all or a substantial portion of the assets of the other party under a reorganization law;
(e) a trustee or receiver is appointed by a court for all or a substantial portion of the assets of the other party;
(f) the other party becomes insolvent or ceases or suspends all or substantially all of its business; or
(g) the other party makes an assignment of the majority of its assets for the benefit of creditors.
Immediate Termination Events. In the event that Client defaults on any of its obligations under any Service Agreement with either UL Contracting Party or any UL Company including, but not limited to, any misuse of any ECOLOGO Mark, UL Contracting Party may, in its sole discretion, immediately terminate or suspend, any of Client’s Covered Products related to such default, and any and all rights or authorities conferred upon Client by virtue of the Parties’ Service Agreements, including any right to use any Marks on any product(s), without prejudice to any other rights or remedies that either UL Contracting Party or the UL Companies might have.
Immediate Termination Events a. If Applicant defaults on any of its obligations under the Global Services Agreement or any Service Agreement in effect between Applicant and either UL Solutions Contracting Party or another UL Solutions Company, UL Solutions Contracting Party may, in its sole discretion, immediately terminate or suspend, in whole or in part, the Product Investigation Service Agreement, any other Service Agreement between Applicant and UL Solutions Contracting Party and any and all rights or authorities granted to Applicant by virtue of the Product Investigation Service Agreement or those other Service Agreements. Such termination will be without prejudice to any other rights or remedies that UL Solutions Contracting Party might have for default, subject to any limitations under the Global Services Agreement.
b. In the event that UL Solutions Contracting Party defaults on any of its obligations under the Product Investigation Service Agreement, the Applicant may, in its sole discretion, immediately terminate the Product Investigation Service Agreement. Such termination will be without prejudice to any other rights or remedies that Applicant might have for default, subject to any limitations under the Global Services Agreement.
Immediate Termination Events. In the event that Client defaults on any of its obligations under any agreement with UL Solutions Contracting Party or any other UL Company, including, but not limited to, any misuse of any Mark, as defined in Paragraph 11 above, UL Solutions Contracting Party may, in its sole discretion, immediately terminate or suspend, any of Client’s Products related to such default, and any and all rights or authorities
Immediate Termination Events. In the event that Client defaults on any of its obligations under any agreement with UL Contracting Party or any other UL Company, including, but not limited to, any misuse of any Mark, as defined in Paragraph 11 above, UL Contracting Party may, in its sole discretion, immediately terminate or suspend, any of Client’s Products related to such default, and any and all rights or authorities conferred upon Client by virtue of the Parties’ agreements, including any right to use any Marks on any Product(s), and without prejudice to any other rights or remedies that UL Contracting Party might have.
Immediate Termination Events. In the event that Subscriber defaults on any of its obligations under any Service Agreement, including, but not limited to, any misuse of any UL Certificate, as defined in Paragraph
Immediate Termination Events. Upon the occurrence of only the following events, the Provider may terminate the Facility prior to the stated expiration date thereof without offering Bondholders one last opportunity to tender the Bonds to the Provider for purchase: