TERMINATION BY ASAHI Sample Clauses

TERMINATION BY ASAHI. In the event that this Agreement is terminated by Asahi pursuant to Paragraph 12.2, Asahi shall retain the licenses and rights granted to it under Article 3 hereof, subject to the payment of the running royalty under Paragraph 4.2. In addition, in such event, BioStar shall immediately cease to have the licenses and rights granted to it under Article 5. Further, in such event Asahi shall have the right to terminate the Development Agreement and such termination will have the consequences set forth in Paragraph 12.3.1 of the Development Agreement.
Sample 1
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TERMINATION BY ASAHI. Without limitation of its rights under this ARTICLE 13, Asahi may also, by written notice to Auxilium, terminate this Agreement solely with respect to Peyronie’s Disease, at any time during the Term following the third (3rd) anniversary of the Effective Date, in the event unexpected additional investment would be imposed on Asahi due to the necessity of (a) conducting additional clinical studies in the Territory or (b) increasing the number of subjects, number of patient arms or study duration, in each case compared to that contemplated under the initial Development Plan and based on consultations with the Regulatory Authority in the Territory, such that the Development Costs and the Regulatory Costs necessary for obtaining and maintaining Regulatory Approval for the Product for Peyronie’s Disease are projected to increase by [**] percent ([**]%) or greater over the Development Costs and the Regulatory Costs estimated before consultation with the Regulatory Authority in the Territory.
Sample 1
TERMINATION BY ASAHI. 12.2.2.1 In the event BioStar does not achieve (a) Stage 1 Criteria during the [ * ] period from the Effective Date, or (b) Stage 2 Criteria during the [ * ] period from the Effective Date, in both cases, subject to any extensions of such time periods as the DMC may determine, Asahi may terminate this Agreement upon written notice to BioStar, which notice shall be dispatched within sixty (60) days from the end of the above respective period or extension thereof.
Sample 1

Related to TERMINATION BY ASAHI

  • Termination by Agreement In the event Practice and Business ------------------------ Manager shall mutually agree in writing, this Management Services Agreement may be terminated on the date specified in such written agreement.

  • Termination by Any Party This Advisory Agreement may be terminated upon 60 days’ written notice without cause or penalty, by any party (by a majority of the Independent Directors of the Company or the manager of the Advisor).

  • Termination by Bank If the Bank, or its successor in interest by merger, or its transferee in the event of a purchase in an assumption transaction (for reasons other than Executive's death, disability, or Cause) (1) terminates Executive's employment within one year following a Change in Control (as defined below), or (2) terminates Executive's employment before the Change in Control but on or after the date that any party either announces or is required by law to announce any prospective Change in Control transaction and a Change in Control occurs within six months after the termination, the Bank will provide Executive with the payment and benefits described in Section 9(d)(3) below.

  • Termination by You In the event of an Employment Separation as a result of a termination by you for any reason, you must provide the Company with at least 14 days advance written notice ("Notice of Termination") and continue working for the Company during the 14-day notice period, but only if the Company so desires to continue your employment and to compensate you during such period. In the event of such termination under this Section, the Company will pay you the earned but unpaid portion of your Basic Salary through the termination date.

  • Termination by Owner Owner may also terminate this Agreement at any time before Contractor begins the Work and notifies Owner in writing of such commencement if (1) Owner sells the property on which the Work is being performed or (2) the economic climate does not warrant proceeding with the project of which the Work is a part. In such circumstance, Contractor shall be entitled to receive that portion of the Contract Price earned by Contractor for Work performed to the satisfaction of Owner less any payments made before the date this Agreement is terminated. Contractor shall not be entitled to any additional compensation or damages as a result of termination of this Agreement pursuant to this Paragraph 12(c).

  • Termination by Xxxxxx This Agreement may be terminated and the Merger Transactions abandoned at any time before the Acceptance Time by Parent:

  • Termination by Parent This Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time by Parent if:

  • Termination by Seller This Agreement may be terminated by Seller and the purchase and sale of the Station abandoned, if Seller is not then in material default, upon written notice to Buyer, upon the occurrence of any of the following:

  • Termination by Manager Manager shall have the right to terminate this Agreement at any time, with or without cause, upon sixty (60) days written notice to Owner. Manager shall also have the right to terminate this Agreement upon thirty (30) days written notice to Owner for non-payment of fees and expenses due Manager under the terms of this Agreement

  • Termination by Sellers This Agreement may be terminated at any time prior to the Closing Date by Sellers as follows:

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