Termination by HTS Sample Clauses

Termination by HTS. If MCC is in material default of any of its obligations under this Agreement, HTS shall have the right to terminate this Agreement by giving thirty (30) days' written notice of termination specifying the reason for termination, provided that such notice will be of no effect and termination will not occur if the specified default is cured prior to the expiration of said thirty (30) day notice period. In the event of any such termination, HTS shall at its sole discretion retain rights to use MCC Improvement granted to it, by MCC under Paragraph 2.3, unless earlier terminated as provided in Paragraph 5.2. In the event that HTS retains the rights under Paragraph 2.3 or 4.1, HTS shall continue paying to MCC any Earned Royalty as provided under Paragraph 3.3 or 4.1, as the case may be.
Sample 1
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Termination by HTS. HTS may terminate this Agreement upon written notice to Xxxxxxxx at any time in case of: (i) the occurrence of an event which gives rise to a right of ESC to terminate the payment of Commissions to Xxxxxxxx pursuant to the provisions of Section 8 above; (ii) Xxxxxxxx fails to use reasonable commercial efforts to commence production of commercial quantities of a full product line of HTS System-compatible of Xxxxxxxx Products no later than the fourth quarter of 1998; (iii) Xxxxxxxx fails to pay the License Activation Fee within thirty (30) days of execution of this Agreement by both parties; (iv) acquisition of Xxxxxxxx, directly or indirectly, by a third party, or the merger of Xxxxxxxx with a third party which manufactures, distributes or sells Digital Satellite Receivers (this Section will not apply to an acquisition of Xxxxxxxx by, or the merger of Xxxxxxxx with an Affiliate of Xxxxxxxx; provided that such Affiliate is not a direct or indirect provider of direct to home satellite programming); (v) Phillip's falsification of any material records or reports required hereunder; or (vi) a material breach, as determined in the EchoStar Parties reasonable judgement, by Xxxxxxxx of the confidentiality provisions contained in Section 14 above.
Sample 1
Termination by HTS. HTS may terminate this Agreement upon written notice to VTech at any time in case of: (i) the occurrence of an event which gives rise to a right of ESC to terminate the payment of Commmissions to VTech pursuant to the provisions of Section 6 above; (ii) VTech fails to use its best efforts to commence the manufacture and shipment of commercial quantities of an HTS System-compatible DISH Product no later than May 31, 1998; (iii) VTech fails to pay the License Activation Fee in accordance with the schedule set forth in Section 13.1 above; (iv) acquisition of VTech, directly or indirectly, by a third party, or the merger of VTech with a third party which manufactures, distributes or sells Digital Satellite Receivers (this Section will not apply to an acquisition of VTech by, or the merger of VTech with, an Affiliate of VTech; provided that such Affiliate is not a direct or indirect provider of direct to home satellite programming); (v) VTech' falsification of any material records or reports required hereunder; or (vi) a material breach, as determined in the EchoStar Parties reasonable judgment, by VTech of the confidentiality provisions contained in Sections 10 or 18.2 below.
Sample 1
Termination by HTS. If MCC is in material default of any of its obligations under this Agreement, HTS shall have the right to terminate this Agreement by giving thirty (30) days' written notice of termination specifying the reason for termination, provided that such notice will be of no effect and termination will not occur if the specified default is cured prior to the expiration of said thirty (30) day notice period.
Sample 1

Related to Termination by HTS

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

  • Termination by Company The Company will have the following rights to terminate this Agreement:

  • 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 Either Party This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.

  • 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 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 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:

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