Right to Terminate on Notice. This Agreement may be terminated by either party upon thirty (30) days written notice to the other party in the event of a breach of a material provision of this Agreement by the other party, provided that, during the thirty (30) days period, the breaching party fails to cure such breach.
Right to Terminate on Notice. Each party shall have the right, exercisable in its absolute discretion, to terminate this Agreement upon ninety (90) days prior written notice received by United States registered mail, certified mail, UPS Next Day Letter or Federal Express Next Day Letter by the other party.
Right to Terminate on Notice. EduTrades and Whitney each shall have the right, exercisable in its absolute discretion, to terminate this Agreement upon thirty (30) days prior written notice received by United States registered mail, certified mail, UPS Next Day Letter or Federal Express Next Day Letter by the other party.
Right to Terminate on Notice. Notwithstanding any other provision of this Agreement, the Parties agree that either Party may terminate this Agreement for any reason upon six (6) months written notice to the other Party. Uncommitted funds provided by the Shire to the DDRA shall be returned to the Shire within 30 days of the termination date.
Right to Terminate on Notice. 11.3.1 Licensee and Licensor shall each have the right to terminate this Agreement upon written notice to the other party in the event that: (i) the other party (A) breaches any of the material provisions of this Agreement, and fails to cure any such breach that is capable of being cured within, after such other party’s receipt of written notice specifying the nature of such breach: (a) thirty (30) days generally, (b) fifteen (15) days in the case of non-payment of any monies due hereunder, or (c) within the cure period as otherwise provided for in this Agreement (B) engages in fraud, or other gross negligence or willful misconduct in connection with its obligations under this Agreement; or (ii) the operating agreement of Licensee is terminated for any reason or upon the voluntary or involuntary liquidation, dissolution or winding up of Licensee.
11.3.2 Further, each party (the “Affected Party”) shall have the right to terminate this Agreement upon written notice to the other party in the event that (i) such other party (or, in the case of Licensee being the Affected Party, Artist) engages in conduct that results in demonstrable damage to the business or reputation of the Affected Party, and fails to cure any such matter that is capable of being cured within thirty (30) days after the Affected Party notifies the other party in writing of such conduct; (ii) Licensee, Licensor or Artist is convicted of any crime which is a felony or any crime involving embezzlement or dishonesty; or (iii) Artist is unable to perform, after reasonable accommodations have been made, the services described on Schedule B in accordance with the terms of this Agreement, whether by reason of death, disability, incapacitation or any other reason that prevents Licensor from being able to cause Artist to provide the services.
Right to Terminate on Notice. Company and Contractor each shall have the right, exercisable in its absolute discretion, to terminate this Agreement upon ninety (90) days prior written notice received by United States registered mail, certified mail, UPS Next Day Letter or Federal Express Next Day Letter by the other party.
Right to Terminate on Notice. In instances other than those otherwise contemplated under the terms of this Section 10, if either party defaults in the performance of any provisions of this Agreement, then the non-defaulting party may give written notice to the defaulting party that if the default is not cured within a forty-five (45) day period, this Agreement shall terminate immediately upon notice by the non-defaulting party. Notwithstanding the previous sentence, the forty-five (45) day period shall be suspended for so long as (i) the default is not capable of being cured within such forty-five (45) day period and (ii) the defaulting party is actively engaged in attempting to cure the default; provided, however, in no event shall the cure period exceed ninety (90) days. Suspension shall end and termination may occur if, at any time, the default becomes capable of being immediately cured and is not promptly cured or the defaulting party ceases its attempts to cure the default. Termination may be with respect to one or more types or categories of Licensed Products under the Agreement. If termination is with respect to a single type or category of Licensed Product, then the terms of the Agreement shall continue in full force and effect with respect to any remaining Licensed Products.
Right to Terminate on Notice. Without limiting the applicability of paragraphs 20(a) or 20(b), on occurrence of one of the following events, this Agreement may be terminated upon thirty (30) days written notice, provided that during the thirty (30) day period the defaulting party fails to cure the breach:
(i) The Licensor shall have the right to terminate the portion(s) of this Agreement relating to any Licensed Product(s) and any country or countries in the Licensed Territory if the Licensee, for any reason, after the commencement of Exploitation of such Licensed Product(s) in such country or countries, fails to continue to Exploit such Licensed Product(s) in commercially acceptable quantities in such country or countries for two consecutive Royalty Periods.
(ii) The Licensor shall have the right to terminate this Agreement if the Licensee violates any of its obligations under this Agreement including, without limitation, its payment obligations.
(iii) Either party shall have the right to terminate this Agreement in the event that the other party commits a material breach of any other provision of this Agreement.
Right to Terminate on Notice. (i) It is understood that the grant of the License herein by Licensor is premised upon the present character and composition of Licensee's management and Licensee's and general good standing and reputation in the business community, and is therefore personal to Licensee. In the event of the sale or transfer of a substantial portion of the assets of Licensee's business or of a breach of the terms set out in section 11 above or of a merger or consolidation of Licensee's business with any other entity, or in the event of substantial change in the control of Licensee, unless Licensor will have given its prior consent, which shall not be unreasonable withheld, to such changes in writing, Licensor may, at its option, terminate this Agreement on twenty-one (21) days written notice to Licensee; Upon such termination, neither party hereto shall have any further rights or xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx expiration or termination of this Agreement as the case may be, furnish Licensor with a full and detailed written statement of the Licenced Products in its inventory on the date of expiration or termination (the "Inventory") and of contractual commitments then in effect for the manufacture and sale of the Licensed Products (the "Commitments"). Licensor shall have the option of conducting a physical inventory at the time of expiration or termination and/or at a later date in order to ascertain or verify such statement. In the event that the Licensee refuses to permit Licensor to conduct such physical inventory, Licensee shall forfeit its rights hereunder to dispose of such inventory. In addition to such forfeiture, Licensor shall have recourse to all other remedies available to it;
Right to Terminate on Notice. In instances other than those otherwise contemplated under the terms of this Section 10, if either party defaults in the performance of any provision of this Agreement the non-defaulting party may give written notice to the defaulting party that if the default is not cured within a forty-five (45) day period from such notice, this Agreement shall terminate immediately upon notice by the non-defaulting party.
