Common use of MUTUAL RIGHT OF TERMINATION Clause in Contracts

MUTUAL RIGHT OF TERMINATION. Either party may terminate this Agreement, or any location, without cause, without penalty, and without liability for any damages as a result of such termination, at any time hereafter by giving the other party at least sixty (60) days' prior written notice. The notice shall specify the termination date.

Appears in 1 contract

Samples: License Agreement (Cole National Corp /De/)

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MUTUAL RIGHT OF TERMINATION. Either party may terminate this Agreement, or any location, without cause, without penaltyAgreement upon ninety (90) days written notice to the other. This right of termination is specifically exercisable at the sole discretion of either party, and without liability requires no just cause or other reason or justification for any damages as a result the exercise thereof. The effective date of such termination, at any time hereafter termination shall be ninety (90) days from the date of mailing of such notice by giving the other party at least sixty (60) days' prior written notice. The notice shall specify the termination datecertified mail/return receipt requested.

Appears in 1 contract

Samples: Professional Services

MUTUAL RIGHT OF TERMINATION. Either After the end of the Initial Term or any Renewal Term, subject to Section 2.3(b) hereof, either party may terminate this Agreement, or any location, without cause, without penalty, and without liability for any damages as a result of such termination, Agreement at any time hereafter and for any reason by giving providing at least ninety (90) days prior written notice of its intent to terminate this Agreement to the other party at least sixty (60) days' prior written notice. The notice shall specify the termination dateparty.

Appears in 1 contract

Samples: License and Distribution Agreement (Genelink Inc)

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MUTUAL RIGHT OF TERMINATION. Either party may terminate this Agreement, or any location, without cause, without penalty, and without liability for any damages as a result of such termination, at any time hereafter by giving the other party at least sixty ninety (6090) days' prior written notice. The notice shall specify the termination date.

Appears in 1 contract

Samples: License Agreement (Cpi Corp)

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