Termination by Licensee for Cause Sample Clauses

Termination by Licensee for Cause. In the event this Agreement is properly terminated by Licensee under Section 12.03(a), Licensee’s license pursuant to Section 2.01 shall become a fully paid-up, perpetual license; and, subject, however, to the provisions of Section 12.04, Licensee shall owe no further payments to Merck pursuant to Article VII or otherwise under this Agreement.
AutoNDA by SimpleDocs
Termination by Licensee for Cause. Licensee may terminate this Agreement for cause with immediate effect. A cause may especially be assumed in the event that Licensee cannot, under the circumstances of the specific case and weighing the interests of both Parties, reasonably be expected to continue the contractual relationship until the end of the Term pursuant to Section 10.1 or the end of the notice period pursuant to Section 10.3. A cause may also especially be assumed in the event that: ライセンス取得者による正当な理由による解約:正当な理由がある場合、ライセンス取得者は本契約を直ちに解約させることができる。ライセンス取得者が、特定の事例の状況下で両当事者の利益を考慮し、第10.1条に基づく期間の終了または第10.3条に基づく通知期間の終了まで契約関係を継続することが合理的に期待できない場合は特に、それが正当な理由となると想定することができる。また、以下のような場合も正当な理由となり得る。 Licensee holds a valid FSC Certification. ライセンス取得者が有効なFSC認証を取得した場合。
Termination by Licensee for Cause. Subject to the provisions of Section 4.6, the Licensee shall have the right to terminate this Agreement and all Licenses granted hereunder on sixty (60) Days' written notice to the County in the event of any of the following:
Termination by Licensee for Cause. The Licensee may terminate this Agreement, without penalty or legal liability, upon written notice for the breach by Licensor of any material term, condition or provision of this Agreement, if such breach is not cured within any time period specified in the notice of breach or any subsequent notice delivered by Licensee to Licensor, assuming cure is feasible. The Licensee’s right to terminate this Agreement shall be in addition to and not exclusive of other remedies available to the Licensee.
Termination by Licensee for Cause. Upon the occurrence of any Licensor Event of Default, Licensee may, at its option, and without waiving its rights hereunder or any other rights available at Law or in equity, including its rights to damages, terminate this Agreement and all of Licensor’s rights hereunder effective immediately upon the date Licensee delivers written notice of termination, upon such other date as may be set forth in such notice of termination, or upon the occurrence of or the lapse of the specified cure period following any one of the following “Licensor Events of Default:”
Termination by Licensee for Cause. If Licensee has the right to terminate this Agreement pursuant to Section 13.2 or Section 17.4, then Licensee may, by written notice to Pfizer sent on, before, or reasonably after the applicable cure period, elect to continue this Agreement or terminate this Agreement, with the consequences set forth in either Section 13.5.1(a) or Section 13.5.1(b), as applicable:
Termination by Licensee for Cause. In the event that Licensee terminates this Agreement pursuant to Section 13.2, the following shall apply:
AutoNDA by SimpleDocs
Termination by Licensee for Cause. In the event this Agreement is properly terminated by Licensee under Section 12.03(a), Licensee’s license pursuant to Section 2.01 shall become a fully paid-up, perpetual license; provided that all payments due to Merck pursuant to Sections 7.02 and 7.03 after the effective date of termination shall be reduced by [**] percent ([**]%) and Licensee continues to make such reduced payments to Merck. **CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND WILL BE FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A CONFIDENTIAL TREATMENT REQUEST.
Termination by Licensee for Cause. In the event this Agreement is properly terminated by Licensee under Section 12.03(a), Licensee’s license pursuant to Section 2.01(a) shall become a fully paid-up, royalty-free, irrevocable, perpetual license.
Termination by Licensee for Cause. In the event this Agreement is properly terminated by Licensee under Section 12.4(a), Licensee’s license pursuant to Section 2.1 shall become a fully paid-up, perpetual license and the payments to be made to Schering by Licensee hereunder shall be reduced by [ * ]. Notwithstanding the preceding sentence, Licensee shall be responsible for the full amount of all payments due and owed to Schering prior to any written notice of termination.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!