Termination by Columbia Sample Clauses

Termination by Columbia. This Agreement may be terminated by Columbia: (i) upon written notice to Company for Company’s material breach of the Agreement and Company’s failure to cure such material breach under Section 11b; (ii) if Company becomes insolvent or is generally not paying its debts as such debts become due; and (iii) if Company ceases to conduct business as a going concern. Termination under this Section 12c will be effective upon the date of notice sent under Section 13.
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Termination by Columbia. In the event Columbia elects to terminate the Columbia Lease by giving Landlord six (6) months prior written notice, Landlord shall, upon receipt of such notice, promptly notify Tenant of such fact and of the date such termination shall become effective. Upon such a termination, Tenant shall have the right to lease all or a portion of the Columbia Space, so long as Tenant leases a minimum of 10,000 rentable square feet of the Columbia Space. Tenant shall have a period of thirty (30) days after receipt of Landlord's notice to notify Landlord whether Tenant elects to exercise its right to lease all or a portion of the Columbia Space. If Tenant elects to lease only a portion of the Columbia Space, then Tenant shall specify in the notice the amount of rentable square feet which Tenant desires to lease (which amount cannot be less than 10,000 rentable square feet), and Landlord shall have the right to determine the location of such portion. If Tenant waives its right to lease all or a portion of the Columbia Space (either by giving written notice thereof or by failing to give any notice to Landlord within the required thirty (30) day period), this Option to Expand shall thereafter be null, void and of no further force or effect.
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Termination by Columbia. The licenses granted under this Agreement may be terminated by Columbia or, at Columbia’s option, Columbia has the right to convert any or all of the exclusive licenses granted under this Agreement to non-exclusive licenses, with no right to sublicense, and no right by the Company to initiate legal proceedings under Section 11, as follows:
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Termination by Columbia. Columbia, upon thirty (30) days written notice to Panda, or Panda's Lenders, as the case way be, may terminate this Agreement if: (i) the negotiations contemplated in Section 2(b) of this Agreement are not satisfactory to Columbia, in its reasonable discretion, at the end of the negotiation period; (ii) Panda's failure to make payments to Columbia as provided in Section 3(b) hereof; or (iii) if any of the conditions precedent in Section 11 hereof are not fulfilled by June 1, 1997. Any such termination shall not be effective if the unsatisfied condition of this Section 10(b) is satisfied prior to the end of the 30-day notice period.
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Termination by Columbia. The licenses granted under this Agreement may be terminated by Columbia or, at Columbia’s option, Columbia has the right to convert any or all of such exclusive licenses granted under this Agreement to non-exclusive licenses, with no further right to sublicense, and no right to initiate legal proceedings under Section 11, as follows: (A) thirty (30) days after Company’s receipt of written notice of Company’s breach if Columbia elects to terminate in accordance with Section 6a; (B) upon written notice to Company for Company’s material breach of the Agreement and Company’s failure to cure such material breach in accordance with Section 15b; (C) if Company files for bankruptcy protection; (D) if Company ceases to conduct business as a going concern; and (E) if Company (or any entity or person acting on its behalf) initiates any proceeding or otherwise asserts any claim challenging the validity or enforceability of any Patent in any court, administrative agency or other forum. Termination under (B) – (E) is effective upon the date the notice is sent under Section 17.
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Related to Termination by Columbia

  • Termination by Company The Company is authorized to terminate this Fee Agreement at any time with respect to all or part of the Project upon providing the County with thirty (30) days’ written notice; provided, however, that (i) any monetary obligations existing hereunder and due and owing at the time of termination to a party hereto (including without limitation any amounts owed with respect to Section 4.03 hereof); and (ii) any provisions which are intended to survive termination shall survive such termination. In the year following such termination, all property shall be subject to ad valorem taxation or such other taxation or fee in lieu of taxation that would apply absent this Fee Agreement. The Company’s obligation to make FILOT Payments under this Fee Agreement shall terminate in the year following the year of such termination pursuant to this section.

  • Termination by Corporation 9.1 Subject to Section 9.3, the Corporation shall be entitled to terminate this Agreement and the Executive's employment at any time, for any reason, upon written Notice to the Executive, in which case the Corporation shall provide the Executive with the following (subject to the conditions set out in Article 9.2):

  • Voluntary Termination by Company COMPANY shall have the right to terminate this Agreement, for any reason, (i) upon at least six (6) months prior written notice to M.I.T., such notice to state the date at least six (6) months in the future upon which termination is to be effective, and (ii) upon payment of all amounts due to M.I.T. through such termination effective date.

  • Termination by Employer (i) Employer may terminate this Agreement upon written notice for Cause. For purposes hereof, "

  • Termination by Company for Cause Subject to Section 3.2, the Company may terminate Employee’s employment and all of the Company’s obligations under this Agreement at any time “For Cause” (as defined below) by giving notice to Employee stating the basis for such termination, effective immediately upon giving such notice or at such other time thereafter as the Company may designate. “For Cause” shall mean any of the following: (i) Employee’s willful and continued failure to substantially perform the reasonably assigned duties with the Company which are consistent with Employee’s position and job description referred to in this Agreement, other than any such failure resulting from incapacity due to physical or mental illness, after a written notice is delivered to Employee by the Board of Directors of the Company which specifically identifies the manner in which Employee has not substantially performed the assigned duties and allowing Employee thirty (30) days after receipt by Employee of such notice to cure such failure to perform, (ii) material breach of this or any other written agreement between Employee and the Company which is not cured within thirty (30) days after receipt by the Employee from the Company of written notice of such breach, (iii) any material violation of any written policy of the Company which is not cured within thirty (30) days after receipt by Employee from the Company of written notice of such violation, (iv) Employee’s willful misconduct which is materially and demonstrably injurious to the Company, (v) Employee’s conviction by a court of competent jurisdiction of, or his pleading guilty or nolo contendere to, any felony, or (vi) Employee’s commission of an act of fraud, embezzlement, or misappropriation against the Company or any breach of fiduciary duty or breach of the duty of loyalty, including, but not limited to, the offer, payment, solicitation or acceptance of any unlawful bribe or kickback with respect to the Company’s business. For purposes of this paragraph, no act, or failure to act, on Employee’s part shall be considered “willful” unless done, or omitted to be done, in knowing bad faith and without reasonable belief that the action or omission was in, or not opposed to, the best interests of the Company. Any act, or failure to act, expressly authorized by a resolution duly adopted by the Board of Directors or based upon the written advice of counsel for the Company shall be conclusively presumed to be done, or omitted to be done, in good faith and in the best interests of the Company. Notwithstanding the foregoing, Employee shall not be deemed to have been terminated For Cause unless and until there shall have been delivered to Employee a copy of a resolution, duly adopted by the Board of Directors at a meeting of the Board called and held for such purpose (after reasonable notice to Employee and an opportunity for Employee, together with Employee’s counsel, to be heard before the Board), finding that in the good faith opinion of the Board of Directors Employee committed the conduct set forth above in (i), (ii), (iii), (iv), (v) or (vi) of this Section and specifying the particulars thereof in detail.

  • Termination by Disability If the Executive becomes Disabled prior to the expiration of the Employment Term, the Executive’s employment will terminate, and provided that such termination constitutes a Separation from Service, the Executive shall be entitled to:

  • Termination by Buyer This Agreement and the transaction contemplated herein may be terminated and abandoned at any time on or prior to the Closing Date by Buyer, if:

  • Termination by Employee Employee may terminate his employment under this Agreement by 60 days' written notice to the Company.

  • Termination by Seller This Agreement may be terminated at any time prior to the Closing by Seller, by written notice to Buyer:

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