TERMINATION BY P&U Sample Clauses

TERMINATION BY P&U. In the event that any third party entity which is reasonably and in good faith considered by P&U as a major competitor to P&U in the oncology field becomes the record and beneficial owner of more than fifty
AutoNDA by SimpleDocs
TERMINATION BY P&U. P&U may terminate this Agreement at any time because of a material adverse development related to the safety or efficacy of the
TERMINATION BY P&U. In the event that any third party entity which is reasonably and in good faith considered by P&U as a major competitor to P&U in the oncology field becomes the record and beneficial owner of more than fifty (50) percent of the voting stock of IMMUNOGEN (a "Change of Control"), P&U may, by written notice to IMMUNOGEN, terminate any license and rights granted under this Agreement but only to the extent that such rights and licenses have not been further sublicensed by IMMUNOGEN to an approved Sublicensee in accordance with the provisions of Section 2.4. Any such termination shall be effective thirty (30) days after receipt of any such notice. In the event of any such Change of Control, each approved Sublicensee shall, as a condition of the survival of its sublicense rights, be required to enter into a written agreement with P&U pursuant to which it agrees to perform directly any obligation that IMMUNOGEN is obligated to perform hereunder with respect to its sublicense, including without limitation, (i) the making of any milestone payment due under Section 3.2 as a result of such Sublicensee's activities, (ii) the payment to P&U of 10% of any earned royalties due to IMMUNOGEN or its affiliate from such Sublicensee, which sum shall in no event be less than 1% of such Sublicensee's Net Sales of Licensed Product, and (iii) the indemnification of P&U with respect to the actions of such Sublicensee in accordance with Section 7.5. Notwithstanding the foregoing, in no event shall P&U be required to assume any additional obligations to those set forth herein pursuant to any such written agreement with a Sublicensee.
TERMINATION BY P&U. P&U shall have the right at any time to terminate this Agreement upon *** prior notice to DepoTech. In the event of such a termination, all of P&U's rights to DepoCyt shall revert to DepoTech, and P&U shall grant DepoTech the perpetual, royalty-free, exclusive right to make, have made, use and sell Vialed Material and DepoCyt in the Territory. Additionally, to the extent allowed under applicable law, all registrations held by P&U to sell DepoCyt shall be transferred to DepoTech at P&U's expense for its internal costs and DepoTech's expense for fees and expenses payable to Regulatory Authorities and other Third Parties. *** Portions of this page have been omitted pursuant to a request for Confidential Treatment and filed separately with the commission.

Related to TERMINATION BY P&U

  • Termination by You You may cancel your acceptance of this Contract by delivering notice to XOOM by way of mail, fax, e-mail or by personal delivery, in the following circumstances:

  • Termination by Owner The Owner may terminate this Agreement in whole or in part, for the failure of the Consultant to:

  • Termination by Xxxxxx Xilinx may terminate this Agreement for material breach by Licensee, provided that Xilinx has given written notice to Licensee of such breach and Licensee fails to cure such breach within thirty (30) days thereof; provided, however, in the event of a breach of confidentiality under Section 7 whereby unauthorized disclosure and/or dissemination by electronic or other means is likely to cause undue harm to Xilinx, then Xilinx may, at its discretion, immediately terminate this Agreement and seek other appropriate equitable and legal remedies as deemed necessary to protect its interests hereunder.

  • 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 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 Company The Company is authorized to terminate this Fee Agreement at any time with respect to all or part of the Project upon providing the County with thirty (30) days’ written notice; provided, however, that (i) any monetary obligations existing hereunder and due and owing at the time of termination to a party hereto (including without limitation any amounts owed with respect to Section 4.03 hereof); and (ii) any provisions which are intended to survive termination shall survive such termination. In the year following such termination, all property shall be subject to ad valorem taxation or such other taxation or fee in lieu of taxation that would apply absent this Fee Agreement. The Company’s obligation to make FILOT Payments under this Fee Agreement shall terminate in the year following the year of such termination pursuant to this section.

  • Termination by Seller This Agreement may be terminated at any time prior to the Closing by Seller, by written notice to Buyer:

  • 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 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 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.

Time is Money Join Law Insider Premium to draft better contracts faster.