SPECIAL TERMINATION RIGHTS OF CUBIST Sample Clauses

SPECIAL TERMINATION RIGHTS OF CUBIST. This Agreement may be terminated by CUBIST at any time during the term of this Agreement for any reason or no reason if CUBIST gives at least one hundred and eighty (180) days prior written notice of termination to BIOCHEMIE.
Sample 1
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SPECIAL TERMINATION RIGHTS OF CUBIST. (a) In the event that, at any time during the Term, the term of the License Agreement expires pursuant to clause (ii) of Section 13.1 of the License Agreement, then Cubist shall have the right to terminate this Supply Agreement by giving written notice of termination to Chiron at least [*] prior to the effective date of any termination pursuant to this Section 11.2(a). (b) In the event that, at any time during the Term, the obligation of Chiron to make payment of royalties to Cubist under Section 7.3 of the License Agreement with respect to sales of a Licensed Product in any given country within the Territory shall have ended by virtue of the application of the provisions of Section 7.3(d)(i) or Section 7.3(d)(iii) of the License Agreement, then Cubist shall have the right to terminate all of Cubist's obligations under this Supply Agreement to manufacture and supply units of Filled Product to Chiron for use in connection with labeling and packaging units of such Licensed Product for sale by Chiron or its Affiliates or distributors in such country. In the event that Cubist desires to exercise its termination rights under this Section 11.2(b), Cubist shall exercise such termination rights by giving notice of termination to Chiron at least thirty (30) days prior to the effective date of any termination pursuant to this Section 11.2(b). From and after the effective date of any such termination, Cubist shall have no further obligation to supply to Chiron, and Chiron shall have no further obligation to source and purchase from Cubist, units of Filled Product pursuant to this Supply Agreement for use in connection with labeling and packaging units of such Licensed Product for sale by Chiron or its Affiliates or distributors in such subject country; PROVIDED, HOWEVER, that, notwithstanding the foregoing, Cubist and Chiron shall continue to be bound by any binding forecasts that cover any of such units of Filled Product to the extent that such binding forecasts were delivered by Chiron in accordance with the provisions of Article 4 hereof prior to the effective date of any such termination, in which case Cubist shall remain obligated to supply to Chiron, and Chiron shall remain obligated to purchase and source from Cubist, in accordance with the terms of this Supply Agreement all of the units of Filled Product covered by such binding forecasts. 11.3
Sample 1
SPECIAL TERMINATION RIGHTS OF CUBIST. (a) In the event that, at any time during the Term, the term of the License Agreement expires pursuant to clause (ii) of Section 13.1 of the License Agreement, then Cubist shall have the right to terminate this Supply Agreement by giving written notice of termination to Chiron at least [*] prior to the effective date of any termination pursuant to this Section 11.2(a).
Sample 1

Related to SPECIAL TERMINATION RIGHTS OF CUBIST

  • Termination Rights This Agreement may be terminated at any time prior to the Closing:

  • Additional Termination Rights In addition to any right to terminate this Agreement under the provisions of this Section 16, either party shall have the further right to terminate this Agreement, upon delivery of written notice to the Agent, upon the occurrence of any of the following:

  • Other Termination Rights This Agreement may be terminated at any time prior to the Closing by the applicable party if and to the extent permitted in Part V of Appendix B.

  • Waiver of Termination Rights The Employee waives any and all rights to compensation or damages as a result of a Termination, insofar as those rights result or may result from: (a) the loss or diminution in value of such rights or entitlements under the Program; or (b) the Employee ceasing to have rights, or ceasing to be entitled to any Awards under the Program as a result of such Termination.

  • Rights of Termination 10.1 The Company may in its sole discretion terminate this agreement by written notice to the Customer if:

  • Rights on Termination (a) If during the Service Term Executive’s employment is terminated under Section 5 above (x) by the Company without Cause or (y) by Executive with Good Reason, then:

  • Waiver of Termination Right Landlord and Tenant agree that the foregoing provisions of this Paragraph 20 are to govern their respective rights and obligations in the event of any damage or destruction and supersede and are in lieu of the provisions of any applicable law, statute, ordinance, rule, regulation, order or ruling now or hereafter in force which provide remedies for damage or destruction of leased premises (including, without limitation, to the extent the Premises are located in California, the provisions of California Civil Code Section 1932, Subsection 2, and Section 1933, Subsection 4 and any successor statute or laws of a similar nature).

  • Termination Right The Representative shall have the right to terminate this Agreement at any time prior to any Closing Date, (i) if any domestic or international event or act or occurrence has materially disrupted, or in its opinion will in the immediate future materially disrupt, general securities markets in the United States; or (ii) if trading on any Trading Market shall have been suspended or materially limited, or minimum or maximum prices for trading shall have been fixed, or maximum ranges for prices for securities shall have been required by FINRA or by order of the Commission or any other government authority having jurisdiction, or (iii) if the United States shall have become involved in a new war or an increase in major hostilities, or (iv) if a banking moratorium has been declared by a New York State or federal authority, or (v) if a moratorium on foreign exchange trading has been declared which materially adversely impacts the United States securities markets, or (vi) if the Company shall have sustained a material loss by fire, flood, accident, hurricane, earthquake, theft, sabotage or other calamity or malicious act which, whether or not such loss shall have been insured, will, in the Representative’s opinion, make it inadvisable to proceed with the delivery of the Securities, or (vii) if the Company is in material breach of any of its representations, warranties or covenants hereunder, or (viii) if the Representative shall have become aware after the date hereof of such a material adverse change in the conditions or prospects of the Company, or such adverse material change in general market conditions as in the Representative’s judgment would make it impracticable to proceed with the offering, sale and/or delivery of the Securities or to enforce contracts made by the Underwriters for the sale of the Securities.

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