Termination by Aspect Sample Clauses
The 'Termination by Aspect' clause grants a specific party, referred to as 'Aspect,' the right to end the agreement under certain conditions. Typically, this clause outlines the circumstances under which Aspect may exercise this right, such as breach of contract, insolvency, or failure to meet key obligations. By clearly defining when and how Aspect can terminate the contract, this clause provides a structured exit mechanism, ensuring both parties understand the grounds for early termination and reducing the risk of disputes.
Termination by Aspect. The Agreement may be terminated by Aspect giving [**] prior written notice to Marquette in the event Marquette has not commercially introduced a Marquette BIS/EEG Module by October 31, 2001.
Termination by Aspect. Aspect may terminate this Agreement if Vicept materially breaches Section 3.2 of this Agreement, by ninety (90) days written notice to Vicept specifying in detail what the material breach of Section 3.2 is an stating explicitly that the notice is a breach and potential termination notice under this Section 9.2(a), provided that Vicept fails to cure such material breach that is incapable that is incapable of cure within ninety (90) days, but is capable of cure in a longer reasonable period, fails to provide within such ninety (90) day notice period a reasonable written plan to cure the breach as soon as practicable.
Termination by Aspect. The Agreement may be terminated by Aspect giving thirty (30) days prior written notice to Draeger in the event Draeger has not filed a 510(k) submission with the FDA for the Draeger BISx System by [**], but only if Aspect has provided an Aspect BISx Kit consistent with the specifications outlined in Exhibit B to Draeger by [**].
Termination by Aspect. The Agreement may be terminated by Aspect giving [**] prior written notice to Datascope in the event Datascope has not commercially introduced a Datascope 20/32 ASPECT / DATASCOPE OEM DEVELOPMENT AND PURCHASE AGREEMENT [**] System by [**].
Termination by Aspect. The Agreement may be terminated by Aspect giving thirty (30) days prior written notice to Dixtal in the event Dixtal has not commercially introduced a Dixtal BIS Module by [**].