Termination by ICOS or Array Sample Clauses

Termination by ICOS or Array. If either Party materially breaches this Agreement and fails to remedy that breach within [ * ] of receiving written notice thereof from the other Party, or makes an assignment of substantially all of its assets for the benefit of its creditors or goes into liquidation, insolvency, bankruptcy, receivership or reorganization proceedings, whether voluntarily or compulsorily which is not dismissed by a court of competent jurisdiction within [ * ], then the other Party may at any time, by notice in writing or by telefax, terminate this Agreement and/or any and/or all of the Optimization Programs. Within [ * ] following termination for the Optimization Program and/or research related to any Optimization Target under this Agreement, Array shall prepare a detailed, final written report to ICOS, and provide any remaining supply of Optimization Compounds in synthesis to date, for each Target or part of the Optimization Program being terminated.
Sample 1
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Termination by ICOS or Array. If either Party materially breaches this Agreement and fails to remedy that breach within [ * ] days of receiving written notice thereof from the other Party, or makes an assignment of substantially all of its assets for the benefit of its creditors or goes into liquidation, insolvency, bankruptcy, receivership or reorganization proceedings, whether voluntarily or compulsorily which is not dismissed by a court of competent jurisdiction within [ * ] days, then the other Party may at any time, by notice in writing or by telefax, terminate this Agreement and the Optimization Program. Within [ * ] days following termination for the Optimization Program and/or research related to any Optimization Target under this Agreement, Array shall prepare a detailed, final written report to ICOS, and provide any remaining supply of Optimization Compounds in synthesis to date, for each Target or part of the Optimization Program being terminated.
Sample 1
Termination by ICOS or Array. If either Party materially breaches this Agreement and fails to remedy that breach within ninety (90) days of receiving written notice [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended. 12 thereof from the other Party, or makes an assignment of substantially all of its assets for the benefit of its creditors or goes into liquidation, insolvency, bankruptcy, receivership or reorganization proceedings, whether voluntarily or compulsorily which is not dismissed by a court of competent jurisdiction within ninety (90) days, then the other Party may at any time, by notice in writing or by telefax, terminate this Agreement and/or any and/or all of the Optimization Programs. Within ninety (90) days following termination for the Optimization Program and/or research related to any Optimization Target under this Agreement, Array shall prepare a detailed, final written report to ICOS, and provide any remaining supply of Optimization Compounds in synthesis to date, for each Target or part of the Optimization Program being terminated.
Sample 1

Related to Termination by ICOS or Array

  • Termination by Operation of Law This Agreement may be terminated by any Party hereto if there shall be any statute, rule or regulation that renders consummation of the transactions contemplated by this Agreement (the “Contemplated Transactions) illegal or otherwise prohibited, or a court of competent jurisdiction or any government (or governmental authority) shall have issued an order, decree or ruling, or has taken any other action restraining, enjoining or otherwise prohibiting the consummation of such transactions and such order, decree, ruling or other action shall have become final and nonappealable.

  • 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.

  • Approval, Amendment or Termination by Individual Fund Any approval, amendment or termination of this Agreement by the holders of a majority of the outstanding voting securities (as defined in the 0000 Xxx) of any Fund shall be effective to continue, amend or terminate this Agreement with respect to any such Fund notwithstanding (i) that such action has not been approved by the holders of a majority of the outstanding voting securities of any other Fund affected thereby, and (ii) that such action has not been approved by the vote of a majority of the outstanding voting securities of the Trust, unless such action shall be required by any applicable law or otherwise.

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

  • 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 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 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 Agreement In the event Practice and Business ------------------------ Manager shall mutually agree in writing, this Management Services Agreement may be terminated on the date specified in such written agreement.

  • Termination by Any Party This Advisory Agreement may be terminated upon 60 days’ written notice without cause or penalty, by any party (by a majority of the Independent Directors of the Company or the manager of the Advisor).

  • Termination by Virtue of Death or Disability of Executive (a) In the event of Executive’s death while employed pursuant to this Agreement, all obligations of the Parties hereunder shall terminate immediately, and the Company shall, pursuant to the Company’s standard payroll policies, pay to Executive’s legal representatives all Accrued Obligations.

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