TERM AND TERMINATION 13 Sample Clauses

TERM AND TERMINATION 13. Doba platnosti a ukončení 13.1 The term of this Agreement shall begin on the Effective Date and shall continue until the earlier of 1) the completion of the objectives of Study; 2) closure of enrollment period where the site has failed to recruit any patients; or 3) termination of the Agreement by Sponsor pursuant to this Section 13.2. 13.1 Doba platnosti této smlouvy začíná datem účinnosti a pokračuje do té doby podle toho, co nastane dříve: 1) dokončení cílů studie; 2) ukončení období zařazování, kdy se pracoviště nepodařilo provést nábor jakýchkoli pacientů; nebo 3) ukončení smlouvy zadavatelem podle tohoto oddílu 13.2. 13.2 Sponsor and WORLDWIDE reserve the right to terminate this Agreement and/or Investigator's, Institution's, or any Study subject’s participation in the Study or the Study itself at any time for any reason, or no reason, effective on written notice from WORLDWIDE or Sponsor. Immediately upon receipt of a notice of termination, Institution and Investigator shall and shall cause Investigator to cease entering Study subjects into the Study, cease conducting procedures to the extent medically permissible on Study subjects already entered into the Protocol, and refrain from incurring additional costs and expenses to the extent possible. 13.2 Zadavatel a společnost WORLDWIDE si vyhrazují právo ukončit tuto smlouvu a/nebo účast zkoušejícího lékaře, zdravotnického zařízení nebo jakýchkoli subjektů studie ve studii nebo samotnou studii, a to kdykoli z jakéhokoli důvodu nebo bez udání důvodu, s účinností na základě písemného oznámení od společnosti WORLDWIDE nebo zadavatele. Zdravotnické zařízení a zkoušející lékař ihned po obdržení oznámení o ukončení zastaví, a zajistí, aby zkoušející lékař zastavil zařazování subjektů studie do studie, přestane provádět postupy v rozsahu, který je z lékařského hlediska přípustný, u subjektů studie již zapsaných do protokolu, a zdrží se vytváření dalších nákladů a výdajů v maximálním možném rozsahu. 13.3 Upon termination or completion of the Study, Institution or Investigator shall (i) return, retain or dispose of all Study drugs and Clinical Supplies in accordance with the Protocol and instructions to be provided by WORLDWIDE and applicable Legal Requirements, (ii) arrange for all of Sponsor’s Confidential Information and property, including Study materials and Equipment, under this Agreement to be provided to Sponsor, (iii) furnish WORLDWIDE with an acceptable Investigator’s final study report, and iv) follo...
Sample 1
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TERM AND TERMINATION 13. 1. This Agreement shall become effective as of 1st of May 2021 and shall remain in force during the performance of the Services, unless terminated in accordance with Section 13.2 below. 13.2. Either Party shall be entitled to terminate this Agreement with immediate effect in the event; the other Party commits a material breach of the terms of this Agreement, which has not been remedied within sixty (60) days from written notice from the other Party to remedy such breach (if capable of being remedied); the other Party should become insolvent or enter into negotiations on composition with its creditors or a petition in bankruptcy should be filed by it or it should make an assignment for the benefit of its creditors; or 13.3. For avoidance of doubt, either Party not paying the Service Charges, without legitimate reasons for withholding payment, shall be considered a material breach for the purpose of this Agreement. 13.4. Polestar shall in addition be entitled to cancel the Services performed by Volvo Cars for convenience upon 90 days written notice to Volvo Cars. 13.5. In the event Polestar cancels the Services in accordance with Section 13.4 above, Volvo Cars shall, in addition to the Service Charges include any other reasonable proven costs Volvo Cars has incurred until the effective date of the cancellation. 14.
Sample 1
TERM AND TERMINATION 13. 1 Effectiveness This Agreement becomes effective on the date of signature of this Agreement and shall remain in full effect until the first anniversary after the End of Production unless mutually terminated by the Parties or terminated pursuant to Section 13.2 or Section 13.3 below. 13.2 Termination This Agreement may be early terminated with immediate effect: a) by a non-breaching Party if any other Party breaches any provision of this Agreement which will result in material adverse impact on the Project, and has failed to remedy such breach within sixty (60) days of receipt of a written notice from the non- breaching Party specifying such breach in question and requesting that such breach be remedied; b) by any Party (other than the bankrupt Party) if any other Party commences proceedings under applicable bankruptcy laws or dissolution, insolvency, liquidation or if any such proceeding is commenced against such other Party which remains undismissed for one hundred and eighty (180) days; c) by any Party in case of prolonged Force Majeure under the circumstances set out in Section 14, leading to the failure of realizing the purpose of the Agreement; 13.3 Cross-termination If any of the Definitive Agreements needs to be terminated due to a material breach or any insolvency or bankruptcy event of either Party or its Affiliates pursuant to the terms and conditions thereof, the non-breaching Party(ies) shall be entitled to escalate, among others, the 22 following matters according to the escalation principles set forth under Section 9 above, with the [***]KR PPGM as first instance, for a decision which shall be binding upon the Parties: a) any termination of or amendment to a Definitive Agreement or this Agreement; b) any possible measures or solutions for mitigating the negative consequences, whether in conjunction with or separate from such termination or amendment; and c) any compensation payable by a breaching Party to the non-breaching Party(ies). 13.4
Sample 1
TERM AND TERMINATION 13. 1 The term of this Agreement shall be for a period beginning with Date of Execution. Unless sooner terminated pursuant to Articles 13.2, 13.3, 14.1 or 17.5, the term of this Agreement shall end at such time as Lundbeck shall have no further obligation to make payments to Licensor on Net Sales of Licensed Products. Upon such termination, Lundbeck shall have a perpetual royalty-free license to such Licensor Know-How which is not or no longer covered by a Valid Claim. 13.2 Lundbeck may at any time terminate this Agreement for any reason, effective upon three (3) months' prior written notice. 13.3 Except as provided in Article 14, Licensor may only terminate this Agreement, effective upon three (3) months' prior written notice, if Lundbeck ceases all research and development activities regarding the Licensed Products. Upon receipt of notice inaccordance with this Article 13.3, Lundbeck shall be entitled to re-start the relevant research and development activities within thirty (30) days; if activities are re-started within thirty (30) days the notice shall not be effective. 13.4 In the event of termination in accordance with the Article neither Party shall compensate the other for the consequence of termination. 13.5 If the Agreement is terminated by Lundbeck pursuant to this Article all rights and acquired Know-how will be transferred immediately to Licensor royalty-free. 14.
Sample 1
TERM AND TERMINATION 13. 1 This Agreement shall become effective as of 1st of May 2021 and shall remain in force during the performance of the Services, unless terminated in accordance with Section 13.2
Sample 1
TERM AND TERMINATION 13. 1 This Agreement shall commence on the Effective Date and shall continue for the Terms until its termination or expiry or the termination or expiry of all SOWs. 13.2 The Sentebale Group may terminate this Agreement on thirty (30) Business Days' written notice in the event that Tesseract undergoes a change of Control which (i) does or could pose a regulatory or other public interest concern to the Sentebale Group, its patrons or Sentebale's Mission, and (ii) which has not been notified to the Sentebale Group in writing as soon as Tesseract is aware of the proposed change of Control taking place. 13.3 The Sentebale Group may, at its election and without prejudice to any other right or remedy, by notice in writing to Tesseract unilaterally terminate this Agreement with immediate effect without recourse to court if: (a) Tesseract commits a breach of any provision of this Agreement or any Applicable Law which causes substantial damage to the Sentebale Group, its brand or goodwill, or to the Sentebale Group's patrons or their reputation or goodwill; (b) Tesseract fails to make payment of Guarantees or Royalties under this Agreement or payment of any other sum due to Sentebale US in connection with this Agreement and Tesseract fails to cure the deficiency within thirty (30) days after receipt of notice from Sentebale US;
Sample 1

Related to TERM AND TERMINATION 13

  • Term and Termination In any case, if not sooner terminated, this Agreement shall expire at the close of business on the effective date that the Offering is terminated. This Agreement may be terminated by either party (a) immediately upon notice to the other party in the event that the other party shall have materially failed to comply with any material provision of this Agreement or if any of the representations, warranties, covenants or agreements of such party contained herein shall not have been materially complied with and such failure to comply is not cured within ten (10) days after the date of such occurrence or (b) on 60 days’ written notice. In any event, this Agreement shall be deemed suspended during any period for which the Dealer Manager’s license or registration to act as a broker dealer shall be revoked or suspended by any federal, self-regulatory or state agency. In addition, the Dealer Manager, upon the expiration or termination of this Agreement, shall (a) promptly deposit any and all funds in its possession which were received from investors for the sale of Shares into the appropriate escrow account or, if the Minimum Offering has been reached, into such other account as the Company may designate; and (b) promptly deliver to the Company all records and documents in its possession which relate to the Offering which are not designated as dealer copies. The Dealer Manager, at its sole expense, may make and retain copies of all such records and documents required to be retained by the Dealer Manager pursuant to (i) Federal and state securities laws and the rules and regulations thereunder, (ii) the applicable rules of FINRA and (iii) the NASAA REIT Guidelines, but shall keep all such information confidential; provided, that, nothing contained in this Agreement shall prevent the Dealer Manager from disclosing any such information to any regulatory authority asserting jurisdiction over the Dealer Manager. The Dealer Manager shall use its reasonable best efforts to cooperate with the Company to accomplish any orderly transfer of management of the Offering to a party designated by the Company. Upon expiration or termination of this Agreement, the Company shall pay to the Dealer Manager all earned but unpaid compensation and reimbursement for all incurred, accountable compensation to which the Dealer Manager is or becomes entitled under Section 5 of this Agreement, including but not limited to any Distribution Fees, pursuant to the requirements of that Section 5 at such times as such amounts become payable pursuant to the terms of such Section 5 without acceleration; provided, however, that if the Minimum Offering is not reached prior to such expiration or termination, the Company shall not pay any such compensation and reimbursements to the Dealer Manager.

  • Term and Termination of Agreement 1. This Agreement shall run for a period of one (1) year from the date first written above and will be renewed from year to year thereafter unless terminated by either party as provided hereunder.

  • Agreement Term and Termination This agreement will remain in effect until the expiration or termination of Customer’s Subscription, whichever is earliest. Customer may terminate this agreement at any time by contacting its Reseller. The expiration or termination of this agreement will only terminate Customer’s right to place new orders for additional Products under this agreement.

  • Term and Termination of the Agreement 15.1. Term and duration of the Agreement The Standard Transmission Agreement shall enter into force on the Start Date of this Standard Transmission Agreement and shall be effective for an undetermined term.

  • Contract Term and Termination 4.1. This Contract is concluded for 1 (one) year with the possibility of being automatically extended for new 1- year successive periods, under the same contractual conditions, unless any of the parties express their intention not to extend the Contract at least 30 days prior to its expiry.

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  • Terms and Termination This Agreement shall be effective from the date hereof and unless earlier terminated in accordance with this Section 30.4.5, shall continue in effect until the Class Year Deliverability Study for Requestor’s External XXXX Rights is completed and approved by the NYISO Operating Committee. Requestor or NYISO may terminate this Agreement upon the withdrawal of Requestor’s External XXXX Rights Request under Section 25.7.11 of Attachment S to the ISO OATT or upon Developer’s withdrawal from the Class Year Study pursuant to Section 25.7.7.1

  • Duration and Termination This Agreement shall become effective on July 21, 2015 and shall continue in effect until February 28, 2017, and thereafter, only if such continuance is approved at least annually by a vote of the Board, including the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person, at a meeting called for the purpose of voting such approval. In addition, the question of continuance of this Agreement may be presented to the shareholders of the Portfolio; in such event, such continuance shall be effected only if approved by the affirmative vote of the holders of a majority of the outstanding voting securities of the Portfolio. This Agreement may at any time be terminated without payment of any penalty either by vote of the Board or by vote of the holders of a majority of the outstanding voting securities of the Portfolio, on not more than (60) sixty days’ written notice to the Manager. This Agreement shall automatically terminate in the event of its assignment. This Agreement may be terminated by the Manager after ninety (90) days’ written notice to the Fund. Any notice under this Agreement shall be given in writing, addressed and delivered, or mailed post-paid, to the other party at any office of such party. As used in this Section, the terms “assignment,” “interested persons,” “voting securities,” and a “majority of the outstanding voting securities” shall have the respective meanings set forth in Section 2(a)(4), Section 2(a)(19), Section 2(a)(42) of the 1940 Act and Rule 18f-2 thereunder.

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