Other Effects of Termination; Damages; Cap Sample Clauses

Other Effects of Termination; Damages; Cap. (a) It is understood and agreed by the parties that, in the event Martek fails to perform any obligation or covenant or otherwise breaches any term of this Restated Agreement or if DSM exercises any right it may have to terminate this Restated Agreement pursuant to Section 9.2(a) or Section 9.2(b), DSM shall be entitled to damages sufficient to place DSM in as good a position as it would have been in if there had been no breach or termination and this Restated Agreement had been fully performed, taking into consideration the net amount of losses caused and gains prevented, in excess of the savings made possible, by the breach or termination and, in calculating such damages as they relate to lost DSM Xxxx Up in the event DSM exercises any such right to terminate this Restated Agreement pursuant to Section 9.2(a) or Section 9.2(b), DSM’s damages based on sales it otherwise would have made to Martek and its Affiliates through December 31, 2023 shall be determined on the following basis:
AutoNDA by SimpleDocs
Other Effects of Termination; Damages; Cap. (a) In the event that Martek has the right to terminate this Agreement pursuant to Section 9.2(a) or Section 9.2(b) and exercises such right, DSM covenants and agrees that neither it nor any of its Affiliates shall compete with Martek or any Martek Affiliate in the Martek AXX Xxxxxx of Use until the earlier of the date three (3) years after the date of such termination and the fifteenth (15th) anniversary of the Effective Date.

Related to Other Effects of Termination; Damages; Cap

  • Effects of Termination In the event of any termination of this Agreement as provided in Section 5.1, this Agreement (other than Section 3.2(b), this Section 5.2 and ARTICLE VI (other than Sections 6.1 and 6.2) and all applicable defined terms, which shall remain in full force and effect) shall forthwith become wholly void and of no further force and effect; provided that nothing herein shall relieve any party from liability for willful breach of this Agreement.

  • Certain Effects of Termination In the event that this Agreement is terminated pursuant to Section 7.01:

  • Events of Termination Subject to Section 6.4 below, this Agreement will terminate as to a Fund:

  • Rights of Termination Without limiting any of the other provisions of this Agreement, the Agent will be entitled, at its option, to terminate and cancel, without any liability on its part or on the part of the Purchasers, its obligations under this Agreement by giving written notice to the Corporation at any time prior to the Closing Time if, after the date hereof and at any time prior to the Closing:

  • Termination Effect of Termination 44 9.1 TERMINATION................................................44 9.2

  • Effects of Termination or Expiration Upon termination or expiration of this Agreement for any reason:

  • Effect of Termination; Termination Fee (a) In the event of the termination and abandonment of this Agreement pursuant to Section 10.1, the Agreement shall terminate and have no effect, except as otherwise provided herein and except that the provisions of this Section 10.2, Section 10.5 and Article 11 of this Agreement shall survive any such termination and abandonment.

  • Effect of Termination of Service Except as otherwise provided in accordance with Section 4(b) above, if you cease to be a Service Provider, you will forfeit all unvested Units.

  • Notice of Termination; Effect of Termination Any proper termination of this Agreement under Section 7.1 will be effective immediately upon the delivery of written notice of the terminating party to the other parties hereto. In the event of the termination of this Agreement as provided in Section 7.1, this Agreement shall be of no further force or effect, except (i) as set forth in this Section 7.2, Section 7.3 and Article 8, each of which shall survive the termination of this Agreement, and (ii) nothing herein shall relieve any party from liability for any willful breach of this Agreement. No termination of this Agreement shall affect the obligations of the parties contained in the Confidentiality Agreement, all of which obligations shall survive termination of this Agreement in accordance with their terms.

  • Conditions of Termination Notwithstanding anything to the contrary contained herein, this Agreement may be terminated at any time before the Closing:

Time is Money Join Law Insider Premium to draft better contracts faster.