Termination by CTV During Phase 2 Sample Clauses

Termination by CTV During Phase 2. CTV may terminate the Research Program without cause at any time during Phase 2, with such termination effective four (4) months after delivery of written notice of such termination to Solazyme. During the four-month period between the delivery of written notice of termination of the Research Program by CTV and the effective date of such termination, CTV shall remain responsible for paying to Solazyme the quarterly payments (as prorated) for the conduct of Phase 2 during such four-month period, as well as all other expenditures that had been committed for the Research Program pursuant to the Research and Development Plan as of the date of delivery by CTV of the termination notice and that cannot be cancelled. Upon any termination of the Research Program under this Section 2.4.3, the licenses granted under Sections 5.1.1, 5.1.2, 5.1.3, 5.1.4, 5.2.1, 5.2.2, 5.3.1 and 5.3.3, and the provisions of Section 5.6, shall terminate immediately, but the licenses granted under Sections 5.2.3 and 5.3.2 shall survive, but only to such Program Technology as it exists as of the date of such termination; provided, however, that notwithstanding the foregoing, all rights under Article 5 shall survive if CTV pays Solazyme, prior to the effective date of such termination, the technology access fee under Section 6.2 as well as any payments that would have otherwise been due under Section 6.1 but for CTV’s early termination of the Research Program under this Section 2.4.3.
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Related to Termination by CTV During Phase 2

  • Termination by Xxxxxx Xilinx may terminate this Agreement for material breach by Licensee, provided that Xilinx has given written notice to Licensee of such breach and Licensee fails to cure such breach within thirty (30) days thereof; provided, however, in the event of a breach of confidentiality under Section 7 whereby unauthorized disclosure and/or dissemination by electronic or other means is likely to cause undue harm to Xilinx, then Xilinx may, at its discretion, immediately terminate this Agreement and seek other appropriate equitable and legal remedies as deemed necessary to protect its interests hereunder.

  • Termination by Tenant In the event that the destruction to the Premises cannot be restored as required herein under applicable laws and regulations within two hundred seventy (270) days of the damage or casualty, notwithstanding the availability of insurance proceeds, Tenant shall have the right to terminate this Lease by giving the Landlord notice thereof within thirty (30) days of date of the occurrence of such casualty specifying the date of termination which shall not be less than thirty (30) days nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent, reduced by any proportionate reduction in Rent as provided for in Section 18.1 above, shall be paid to the date of such termination.

  • Termination by You You may cancel your acceptance of this Contract by delivering notice to XOOM by way of mail, fax, e-mail or by personal delivery, in the following circumstances:

  • Termination by Contractor Contractor may, at its option, terminate this Contract upon the failure of MPS to pay any amount, which may become due hereunder for a period of sixty (60) days following submission of appropriate billing and supporting documentation. Upon said termination, Contractor shall be paid the compensation due for all services rendered through the date of termination including any retainage.

  • Termination by Owner The Owner may terminate this Agreement in whole or in part, for the failure of the Consultant to:

  • Termination by Notice Notwithstanding any provision of this Agreement, it may be terminated at any time without penalty, by the Trustees of the Trust or, with respect to any series or class of the Trust's shares, by the vote of the majority of the outstanding voting securities of such series or class, or by MM-LLC, upon thirty days written notice to the other party.

  • Termination by Lenders In addition to the rights set forth in Section 10.2, Agent may, and at the direction of Required Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.

  • Termination by Licensor Licensor, at its option, may immediately terminate the Agreement, or any part of Patent Rights, or any part of Field, or any part of Territory, or the exclusive nature of the license grant, upon delivery of written notice to Licensee of Licensor’s decision to terminate, if any of the following occur:

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