Termination by Metasyn Sample Clauses

Termination by Metasyn. 33 13.5. Effect of Expiration or Termination of This Agreement......................................... 33 13.5.1. Existing Obligations................................................................. 33 13.5.2. Effect of Termination by Metasyn..................................................... 33 13.5.3. Effect of Termination by MKG......................................................... 34 13.5.4. Termination due to Termination of MGH License........................................ 35 13.5.5. Survival............................................................................. 35
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Termination by Metasyn. This Agreement may be terminated by Metasyn effective immediately if this Agreement is not approved by the Mallinckrodt Group Inc. Board of Directors on or prior to September 24, 1996 (or such later date as the Parties may mutually agree upon). In the event that Metasyn terminates this Agreement pursuant to this Section 13.4.2, MKG shall [ ]* in the event of such termination.
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Termination by Metasyn. This Agreement may be terminated by Metasyn if (i) DRL fails to make any expense or royalty payment within ten (10) business days after such payment becomes payable and such failure is not remedied within thirty (30) days after notice thereof from Metasyn or (ii) if DRL fails to obtain final marketing approval for the Licensed Products in the Territory by November 1, 2001 (provided that Metasyn will not unreasonably withhold its consent to a reasonable extension of such date if DRL can demonstrate that failure to meet such objective is the result of circumstances beyond DRL's control or is the result of Metasyn's failure to perform its obligations hereunder). The ability of DRL to cure a breach pursuant to clause (i) hereof will apply only if the number of breaches properly noticed under the terms of this Agreement does not exceed three (3) breaches by DRL within any three (3) calendar year period. Any subsequent breach within that three (3) calendar year period which commenced with the first of the three (3) prior breaches by DRL will entitle Metasyn to terminate this Agreement upon proper notice.
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Termination by Metasyn. METASYN may terminate this Agreement for cause at any time by giving 30 days written notice to the CONSULTANT. "Cause" shall mean: (i) the physical or mental incapacity of the CONSULTANT to perform substantially all of the duties set forth in or contemplated by the Agreement for any consecutive three-month period or for any six-month period within any consecutive twelve-month period; (ii) conviction of any crime constituting a felony; or (iii) unsatisfactory performance of CONSULTANT's duties, as determined in good faith by the Board of Directors, which shall continue after specific notice thereof has been received by the CONSULTANT from the President or the Board of Directors of METASYN, and a period of 30 days shall have passed after the receipt of such notice during which the CONSULTANT fails to cure such specific unsatisfactory performance.
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Related to Termination by Metasyn

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

  • 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 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 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 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 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 Consultant Consultant may terminate Consultant's engagement under this Agreement for any reason provided that Consultant gives Company at least thirty (30) days' notice in writing. Company may, at its option, accelerate such termination date to any date at least two weeks after Consultant's notice of termination. Company may, at its option, relieve Consultant of all duties and authority after notice of termination has been provided. All compensation, payments and unvested benefits will cease on the termination date.

  • Termination by Parent This Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time by Parent if:

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