Common use of Termination By GP Clause in Contracts

Termination By GP. (a) Upon the occurrence of any of the following events, GP may terminate this Agreement by giving written notice of such termination to MMHGP: (i) MMHGP becomes Bankrupt; (ii) MMHGP dissolves and commences liquidation or winding-up; or (iii) there occurs a Change of Control of GP or MMHGP. Any termination under this Section 8.01(a) shall become effective immediately upon delivery of the notice first described in this Section 8.01(a), or such later time (not to exceed the first anniversary of the delivery of such notice) as may be specified by GP. (b) In addition to its rights under Section 8.01(a), GP may terminate this Agreement at any time by giving notice of such termination to MMHGP. Any termination under this Section 8.01(b) shall become effective 90 days after delivery of such notice, or such later time (not to exceed the first anniversary of the delivery of such notice) as may be specified by GP.

Termination By GP. (a) Upon the occurrence of any of the following events, GP may terminate this Agreement by giving written notice of such termination to MMHGP: (i) MMHGP becomes Bankrupt; (ii) MMHGP dissolves and commences liquidation or winding-up; or (iii) there occurs a Change of Control of GP or MMHGPGP. Any termination under this Section 8.01(a) shall become effective immediately upon delivery of the notice first described in this Section 8.01(a), or such later time (not to exceed the first anniversary of the delivery of such notice) as may be specified by GP. (b) In addition to its rights under Section 8.01(a), GP may terminate this Agreement at any time by giving notice of such termination to MMHGP. Any termination under this Section 8.01(b) shall become effective 90 days after delivery of such notice, or such later time (not to exceed the first anniversary of the delivery of such notice) as may be specified by GP.

Termination By GP. (a) Upon the occurrence of any of the following events, GP may terminate this Agreement by giving written notice of such termination to MMHGPWEG Acquisitions: (i) MMHGP WEG Acquisitions becomes Bankrupt; (ii) MMHGP WEG Acquisitions dissolves and commences liquidation or winding-up; or (iii) there occurs a Change of Control of GP or MMHGPGP. Any termination under this Section 8.01(a) shall become effective immediately upon delivery of the notice first described in this Section 8.01(a), or such later time (not to exceed the first anniversary of the delivery of such notice) as may be specified by GP. (b) In addition to its rights under Section 8.01(a), GP may terminate this Agreement at any time by giving notice of such termination to MMHGPWEG Acquisitions. Any termination under this Section 8.01(b) shall become effective 90 days after delivery of such notice, or such later time (not to exceed the first anniversary of the delivery of such notice) as may be specified by GP.