Licensee’s Right to Terminate Sample Clauses
The 'Licensee’s Right to Terminate' clause grants the licensee the authority to end the licensing agreement under certain specified conditions. Typically, this right may be exercised if the licensor breaches key terms, fails to deliver agreed-upon services, or if the licensee provides a required notice period. This clause ensures that the licensee is not indefinitely bound to the agreement and can exit the arrangement if it becomes untenable, thereby protecting the licensee from ongoing obligations in unfavorable or non-compliant situations.
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Licensee’s Right to Terminate. Licensee may, upon […***…]’ prior written notice to Licensor, terminate this Agreement for any reason. In exercising such termination right, Licensee may terminate this Agreement in its entirety or, if desired, Licensee may specify in the written notice that this Agreement is terminating only with respect to one or more of the Licensed Indications within the Field.
Licensee’s Right to Terminate. Licensee may, at its option, without prejudice to any other remedies it may have, terminate this agreement by giving written notice of such termination to Licensor as follows: (a) immediately, in the event that Licensor abandons the Licensed Marks or otherwise ceases to support the Licensed Marks in Licensor's business; or (b) immediately in the event of the occurrence of a Bankruptcy with respect to Licensor; or (c) immediately in the event of an occurrence of termination pursuant to Section 13.2(d).
Licensee’s Right to Terminate. Licensee may, upon six months’ prior written notice to Licensor, terminate this Agreement for any reason, with or without cause; provided that, if such termination notice is sent prior to payment in full of the initial fee under Section 3.1, such termination notice shall be accompanied by Licensee’s payment of all unpaid amounts in satisfaction of the remainder of the initial fee under Section 3.1.
Licensee’s Right to Terminate. Licensee will have a right to terminate this Agreement with or without cause, upon ninety (90) days prior written notice to University.
Licensee’s Right to Terminate. Licensee may terminate this Agreement for any reason upon providing ninety (90) days’ written notice to Licensor.
Licensee’s Right to Terminate. Notwithstanding anything contained herein to the contrary, Licensee shall have the unilateral right to terminate this Agreement in its entirety without cause at any time by giving [***] days advance written notice to Merck. In the event of such termination, the rights and obligations hereunder shall terminate; provided, however, that any payment obligations due and owing as of the termination date shall continue.
Licensee’s Right to Terminate. Licensee shall have the unconditional right to cancel and terminate this Agreement in accordance with this Section 3.a, for any reason or no reason, by delivering written notice (the “Pre-Closing Termination Notice”) to Escrow and Licensor no later than 4:00 pm on the date that is five (5) business days before the scheduled Master Closing Date (the “Pre-Closing Termination Deadline”). Licensor shall provide written notice advising Licensee of the Pre-Closing Termination Deadline no less than three (3) business days prior thereto. Licensee may not terminate this Agreement during the period after the Pre-Closing Termination Deadline and up to and including the Master Closing Date. However, following the Commencement Date, Licensee will have the right to terminate this Agreement in accordance with and subject to the terms and conditions set forth in Addendum B.
Licensee’s Right to Terminate. After the [***] of the Effective Date, upon [***] advanced notice, Licensee may terminate this Agreement by giving written notice to University as provided for in Section 11.07.
Licensee’s Right to Terminate. LICENSEE may terminate this Agreement at any time by giving MAYO ninety (90) days prior written notice.
Licensee’s Right to Terminate. (a) In the event Licensee fails to obtain or loses its permits necessary to install or operate its Equipment on a majority of the Pole Locations for which it submitted applications due to reasons other than its failure to comply with the conditions of the permit and in spite of reasonable efforts by Licensee to obtain or maintain said permits, Licensee may terminate this Master License with ninety (90) days' prior written notice to City, and upon the effective date of such termination, Rent shall no longer be owed.
(b) The term of any Pole License shall not be less than one (1) year; the SFMTA will not process Pole License applications submitted one hundred two (102) months after the Effective Date of this Master License. Absent the circumstances described in the preceding subsection 28.1(a), Licensee may terminate a Pole License upon 90 days notice at anytime following the one-year anniversary of the Commencement Date of said Pole License. Licensee may remove its Equipment from a Pole at anytime after giving the SFMTA required notice prior to performing work on a Pole (see Section 29.2), but the Pole License shall continue until the minimum time period described herein has expired. The parties do not intend that Licensee's right to terminate be used to relocate from a license Pole to another pole.
(c) Licensee may terminate this Master License at anytime by providing the SFMTA one year's written notice, as provided in Section 29.2.