Termination by MSS Sample Clauses

Termination by MSS. In the event that MSS terminates this Agreement pursuant to Sections 10.1 or 10.4, or the University elects not to renew this Agreement pursuant to Section 9, then with respect to any Product for which data exists or proof of principle studies are underway but no Commercialization Event has yet occurred as of the date of termination, the license rights granted by the University to MSS under Section 4 above shall continue, and MSS shall have the right to continue development of any such Product and to take such Product into commercial distribution (either itself or through a Third Party), provided that (1) if such Product is placed into commercial distribution, then the Steering Committee will determine how the Net Proceeds from such Product should be allocated between the parties, both immediately and over time, based upon the additional responsibilities that MSS assumes with respect to such Product post termination of this Agreement and (2) MSS will be entitled to deduct its reasonable cost of all such additional responsibilities from the University's share of any Net Proceeds generated by such Product, except that, unless otherwise determined by the Steering Committee, in no event shall the deduction of such costs cause the University's share of such Net Proceeds to fall below [ * ] in any given calendar quarter.
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Termination by MSS. MSS may at its option upon written notice to the University terminate this Agreement in the event that [ * ] is no longer an employee of the University or [ * ].
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Termination by MSS. MSS may at its option upon written notice to the University terminate this Agreement in the event that Prof. Gordxx Xxxx xx no longer an employee of the University or ceases to be the head of SMM.
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Termination by MSS. MSS may terminate this Agreement at any time upon six (6) months written notice to the University; provided, however, that the budget allocated to support any particular Project on which the Investigator is working shall be appropriately prorated to allow for reasonable costs and to reimburse for all contractual commitments incurred by the Investigator or the University in performance of this Agreement prior to such termination, if such contractual commitments cannot be canceled by the Investigator or the University.
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Related to Termination by MSS

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

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

  • Termination by Death If the Executive dies during the Employment Term, the Executive’s employment will terminate and the Executive’s beneficiary or if none, the Executive’s estate, shall be entitled to receive from the Company, the Executive’s accrued, but unpaid, Base Salary through the date of termination of employment and any vested benefits under any Employee Plan in accordance with the terms of such Employee Plan and applicable law.

  • 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:

  • 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:

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