Renegotiation of Service Fee Sample Clauses

Renegotiation of Service Fee. The service fee to be paid by Genzyme to Nova Factor for services provided under this Agreement will be renegotiated by the parties between January 1 and February 28 of each calendar year, with changes in such fee, if any, to become effective with respect to Cerezyme-TM- purchased after January 1 of the applicable calendar year, subject at all times to the parties' rights of termination under Section 4.2(b)(ii). The service fee to be paid with respect to Cerezyme-TM- purchased during the time period the * Omitted information is the subject of a request for confidential treatment pursuant to Rule 406 under the Securities Act of 1933 and has been filed separately with the Securities Exchange Commission. parties are negotiating such fee shall be paid at the rate in effect during the preceding year, and once the parties agree upon a change in such fee, if any, Genzyme shall promptly pay to Nova Factor the amount by which the new service fee exceeds the previous service fee, or Nova Factor promptly shall reimburse Genzyme the amount by which the new service is less than the previous service fee, whichever is applicable. The parties agree to use reasonable efforts to negotiate the service fee by February 28 of each calendar year.
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Renegotiation of Service Fee. The service fee to be paid by Genzyme by the Distributor for services provided under this agreement will be renegotiated by the parties between * and * of each calendar year, with changes in such fee, if any, to become effective with respect to Ceredase-Registered trademark- enzyme purchased after * of the applicable calendar * Omitted information is the subject of a request for confidential treatment pursuant to Rule 406 under the Securities Act of 1933 and has been filed separately with the Securities Exchange Commission. year, subject at all times to the parties' right of termination under Section 4.2(b)(ii). The service fee to be paid with respect to Ceredase-Registered trademark- enzyme purchased during the time period the parties are negotiating such fee shall be paid at the rate in effect during the preceding year, and once the parties agree upon a change such fee, if any, Genzyme shall promptly pay to the Distributor the amount by which the new service fee exceeds the previous service fee, or the Distributor promptly shall reimburse Genzyme the amount by which the new service fee is less than the previous service fee, whichever is applicable. The parties agree to use reasonable efforts to negotiate the service fee by * of each calendar year.
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Renegotiation of Service Fee. The service fee to be paid by Genzyme to Nova Factor for services provided under this Agreement will be renegotiated by the parties between * of each calendar year, with changes in such fee, if any, to become effective with respect to Ceredase(R) and Cerezyme(R) purchased * of the applicable calendar year, subject at all times to the parties' rights of termination under Section 3.2(d) hereof. The service fee to be paid with respect Ceredase(R) and Cerezyme(R) purchased during the time period the parties are negotiating such fee shall be paid at the rate in effect during the preceding year, and once the parties agree upon a change in such fee, if any, Genzyme shall promptly pay to Nova Factor the amount by which the new service fee exceeds the previous service fee, or Nova Factor promptly shall reimburse (by direct payment or by credit against future amounts payable to Nova Factor by Genzyme) Genzyme the amount by which the new service fee is less than the previous service fee, whichever is applicable. The parties agree to use reasonable efforts to negotiate the service fee by * of each calendar year.
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Related to Renegotiation of Service Fee

  • Modification of Services The Company may modify its selection of services at any time during the calendar year by giving DRS written notice of the additional services it wishes to receive, and/or the services it no longer wishes to receive, from DRS. The requested modification in services shall take effect on the first day of the first calendar month beginning at least thirty (30) days after the Company sent written notice to DRS.

  • Termination of Services If the Optionee’s services with the Company and all Related Corporations are terminated for any reason (other than death or disability) prior to the Expiration Date, then this Option may be exercised by Optionee, to the extent of the number of Common Shares with respect to which the Optionee could have exercised it on the date of such termination of services, at any time prior to the earlier of (i) the Expiration Date, or (ii) three months after such termination of services. Any part of the Option that was not exercisable immediately before the termination of Optionee’s services shall terminate at that time.

  • Early Termination of Services Termination at any time upon 90 days’ prior written notice. Notwithstanding the second sentence of Section 4(b) of the Agreement, individual services within this schedule may be terminated without all other Services being simultaneously terminated. Upon the early termination of any Service(s) in this Schedule, Early Termination Fees of 75% of monthly costs shall be charged each month for 3 months.

  • Extension of Services In the event of an extension of a Service pursuant to Article VIII, the Recipient of such Service shall be obligated to pay the Applicable Service Fee for such Service calculated as set forth on the applicable Service Schedule as the Applicable Service Fee payable during any period of extension. The Parties agree and acknowledge that fees payable for Services that are extended may be higher than during the initial term of such Service. For the avoidance of doubt, nothing herein shall constitute an obligation of any Party to extend the period for which it will provide any Service if such extension is not contemplated by the applicable Service Schedule.

  • Termination of Service for Cause If your Service is terminated by the Company for Cause or if you commit an act(s) of Cause while this Option is outstanding, as determined by the Committee in its sole discretion, then you shall immediately forfeit all rights to your Option without consideration, including any vested portion of the Option, and the entire Option shall immediately expire, and any rights, payments and benefits with respect to the Option shall be subject to reduction or recoupment in accordance with the Clawback Policy and the Plan. For avoidance of doubt, your Service shall also be deemed to have been terminated for Cause by the Company if, after your Service has otherwise terminated, facts and circumstances are discovered that would have justified a termination for Cause, including, without limitation, your violation of Company policies or breach of confidentiality or other restrictive covenants or conditions that may apply to you prior to or after your Termination Date.

  • Duration of Services The obligation of GGP to perform any individual Service described in or contemplated by this Section G shall terminate upon the earliest to occur of (a) 18 months following the Distribution Date, (b) five days following written notice of termination of such Services by Spinco to GGP and (c) the applicable termination date pursuant to Article IX of the Agreement. GGP agrees to use appropriate and reasonable efforts, as mutually agreed upon by the parties and at Spinco’s cost, to (i) ensure that any terminated Service is integrated into Spinco’s broader business processes and/or (ii) complete any individual Service in this Section G requested by Spinco prior to the termination described in the prior sentence.

  • Other Termination of Service If the Optionee's Service with the Participating Company Group terminates for any reason, except Disability or death, the Option, to the extent unexercised and exercisable by the Optionee on the date on which the Optionee's Service terminated, may be exercised by the Optionee within three (3) months after the date on which the Optionee's Service terminated, but in any event no later than the Option Expiration Date.

  • Compensation During Disability or Upon Termination (i) If, during the Protected Period, Employee fails to perform Employee's normal duties as a result of incapacity due to physical or mental illness, Employee shall continue during the period of such disability to receive Employee's full Base Salary and any awards, deferred and nondeferred, payable during such period under the Bonus Plan, less any amounts paid to Employee during such period of disability pursuant to the Company's short term disability or sick-leave program(s) until Employee's employment is terminated or such Disability ends. This Section 4(i) shall not reduce or impair Employee's rights to terminate employment for a Good Reason as otherwise provided herein.

  • Procedure Upon Termination In the event of termination by Buyer or Seller, as applicable, pursuant to Section 6.1 hereof, written notice thereof shall forthwith be given to the other party and the transactions contemplated by this Agreement shall be terminated without further action by Buyer or Seller. If the transactions contemplated by this Agreement are so terminated:

  • Payment Upon Termination Termination of this Agreement shall not affect the right of the Adviser to receive payment on any unpaid balance of the compensation described in Section 2 earned prior to such termination.

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