Termination by a Party Sample Clauses

Termination by a Party. If either party decides to withdraw from the Collaborative Process, the party shall give prompt written notice to the other party or Team members. Such notice may be given through his or her attorney. Such withdrawal by a party terminates the Collaborative Process. Upon such withdrawal, in order to provide the other party the opportunity to retain another attorney and make an orderly transition, there will be a thirty (30) day period (unless there is an emergency) before either party files any pleading or motion with, or otherwise makes any request to, a court,. During this thirty (30) day period, all temporary agreements, even if unsigned, set forth in approved Minutes, and the parties’ agreement herein to preserve the status quo, will remain in full force and effect. The intent of this provision is to avoid surprise and prejudice to the rights of the other party. It is therefore mutually agreed that either party may bring this provision to the attention of the Court in requesting a postponement of a hearing, or dismissing the case, or ensuring that the terms of temporary agreements and the parties’ status quo agreement are followed during the thirty (30) day period. In the event that a party terminates the Process under 9.A(ii) or (iii), the other party is not bound by the waiting period described herein.

Termination by a Party. Any Party may terminate this MOU by giving written notice to the other Party.

Termination by a Party. Any Operator Party may terminate its participation in this Agreement with immediate effect by written notice served on each of the other Parties if that Party becomes aware that a Quality Contract Scheme is being considered by any of the CA, Nexus, the Local Authorities or if any steps are taken in any area, or part of an area covered by this Agreement (or an area substantially similar to it), to implement a Quality Contract Scheme.

Termination by a Party. Notwithstanding anything contained herein to the contrary, after the Research Program has ended or been terminated and if no IRCT Compounds are being sold as Products and no IRCT Compounds are in development, MERCK shall have the right to terminate this Agreement at any time in its sole discretion by giving ninety (90) days' advance written notice to deCODE. Not later than thirty (30) days after the date of such termination, each Party shall return or cause to be returned to the other Party all Information in tangible form received from the other party and all copies thereof, except that each party may retain one copy in its confidential files for records purposes. In the event of termination under this Section 8.2: (i) each Party shall pay all amounts then due and owing as of the termination date; and (ii) except for the surviving provisions set forth in Section 8.4 hereof, the rights and obligations of the parties hereunder shall terminate as of the date of such termination; PROVIDED, HOWEVER, that MERCK retain all licenses granted under Section 3.1 in the scope that existed immediately prior to termination.

Termination by a Party. Notwithstanding Section 6.1, this Agreement may be terminated by written notice of termination given by a Party to the other Party if any of the following events occur: (a) upon breach by such other Party of any term, condition or provision to be observed or performed by such Party hereunder where such breach has not been rectified within 30 days of receipt of written notice identifying the breach; (b) if the other Party makes an assignment in bankruptcy or a petition in bankruptcy is filed against the other Party, if the other Party becomes bankrupt or insolvent or avails itself of any legislation that may from time to time be in force which is of advantage to a bankrupt or insolvent person, if a trustee, liquidator, receiver, manager or custodian is appointed with respect to any of the property or assets of any such Party or if a writ of execution or similar process is obtained against the other Party and is not satisfied within 30 days of the issuance thereof; or (c) any legislative or policy change by the Government of Canada or the Government of Ontario or their agents relating to the regulation and control of the sale of Beer in Ontario that has a negative impact on such Party.

Termination by a Party. This Agreement may be terminated at any time prior to the Closing by either Party (the “Non-Breaching Party”) by giving written notice to the other Party (the “Breaching Party”) if (a) there has been a breach by the Breaching Party of any agreement, covenant, representation or warranty contained in this Agreement, which breach shall not have been cured to the satisfaction of the Non-Breaching Party prior to the Closing, or (b) the Closing does not occur on or prior to the Closing Date.

Termination by a Party. This Agreement may be terminated by either party at any time upon 60 days written notice to the other party. Upon the appointment of a replacement custodian by the Client, the Securities Firm shall have a reasonable time to transfer the Securities and Property, along with records pertaining to the Securities and Property, to the new custodian, in accordance with the written instructions of the Client, the Commissioner, or the person or entity legally entitled to receive such Securities and Property.

Termination by a Party. A Party may, by giving notice to the other Party in writing, terminate this Agreement with immediate effect if: (a) the other Party commits a breach of its material obligations under this Agreement and fails to remedy that breach within 20 Business Days of receiving written notice from the other Party of the breach requesting that the breach be remedied; or (b) an Insolvency Event occurs in relation to the other Party.

Termination by a Party. 18.1 Either party may terminate this Contract with immediate effect by giving notice to the other party if: (a) that other party breaches any provision of this Contract and fails to remedy the breach within 14 days after receiving written notice: (i) requiring it to remedy the breach; and (ii) stating that a failure to remedy the breach within 14 days will result in termination of this Contract; (b) that other party breaches a material provision of this Contract where that breach is not capable of remedy; or (c) any event referred to in clause 17.2 happens to that other party. 18.2 Each party must notify the other party immediately if: (a) that party disposes of the whole or part of its assets, operations or business other than in the ordinary course of business; (b) that party ceases to carry on business; (c) that party ceases to be able to pay its debts as they become due; (d) any step is taken to enter into any arrangement between that party and its creditors; or (e) any step is taken to appoint a receiver, a receiver and manager, a trustee in bankruptcy, a provisional liquidator, a liquidator, an administrator or other like person of the whole or part of that party's assets, operations or business. 18.3 Either party may terminate this Contract without cause with Sixty (60) days’ written notice to the other party, in which event this Contract will terminate upon the expiration of that period of that sixty (60) days. 18.4 Once a notice of termination has been given by the Company to the Consultant under clause 18.3, the Company may, at its discretion: (a) direct that the Consultant work none, part or all of the notice period (paying the Consultant in lieu of any period of notice during which the Consultant does not work, in which event this Contract will terminate immediately upon the expiration of that relevant period); (b) require the Consultant to undertake alternative duties within the Consultant’s skills and experience during the notice period; or (c) require the Consultant to serve out the Consultant’s notice period without rendering any services at all. 18.5 Termination of this Contract under this clause 18 does not affect any accrued rights or remedies of either party. 18.6 Any monies owed by the Consultant to the Company must be paid in full on termination. The Company reserves the right to offset any monies due to the Consultant against monies due to it. 18.7 The parties agree to work together in good faith to do all things necessary to ensure ...

Termination by a Party. In the case of material breach, the non-breaching Party shall have the right to terminate this Agreement, by written notice specifying the breach or default, if the Party is in breach or default of a material provision of this Agreement, and fails to cure such breach or default within sixty (60) days of receipt of written notice of such breach or default, or fails to commence, within sixty (60) days of such written notice, a cure of any such breach or default which requires more than sixty (60) days to cure, or thereafter fails to diligently pursue such cure to completion. If, however, the Party alleged to be in breach or default notifies the other Party in writing that it disputes the asserted breach or default, any such termination shall not become effective unless the breaching Party fails to cure any such breach or default within sixty (60) days following the final resolution of such dispute. The breach or default by one Party in the performance of any of its material obligations shall not relieve the other Party of its obligation to perform under this Agreement, unless the non-breaching Party terminates this Agreement as provided in this paragraph 9.2.