Common use of Termination by Resignation Clause in Contracts

Termination by Resignation. DSI reserves the right to terminate this Agreement, for any reason, by providing Depositor and Preferred Beneficiary with 60-days' written notice of its intent to terminate this Agreement. Within the 60-day period, the Depositor and Preferred Beneficiary may provide DSI with joint written instructions authorizing DSI to forward the Deposit Materials to another escrow company and/or agent or other designated recipient. If DSI does not receive said joint written instructions within 60 days of the date of DSI's written termination notice, then DSI shall destroy, return or otherwise deliver the Deposit Materials in accordance with Section 5.4.

Appears in 10 contracts

Samples: Document Software License and Maintenance Agreement (Interdent Inc), Agreement (Authentidate Holding Corp), Agreement (Isecuretrac Corp)

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Termination by Resignation. DSI reserves the right to terminate this -------------------------- Agreement, for any reason, by providing Depositor and Preferred Beneficiary with 60-days' written notice of its intent to terminate this Agreement. Within the 60-day period, the Depositor and Preferred Beneficiary may provide DSI with joint written instructions authorizing DSI to forward the Deposit Materials to another escrow company and/or agent or other designated recipient. If DSI does not receive said joint written instructions within 60 days of the date of DSI's written termination notice, then DSI shall destroy, return or otherwise deliver the Deposit Materials in accordance with Section 5.4.

Appears in 3 contracts

Samples: License and Distribution Agreement (Altiris Inc), License and Distribution Agreement (Altiris Inc), Licensing Agreement (Andrea Electronics Corp)

Termination by Resignation. DSI reserves the right to terminate an Escrow Document Package under this Agreement, for any reason, by providing Depositor and Preferred Beneficiary with 60-days' written notice of its intent to terminate this Agreement. Within the 60-day period, the Depositor and Preferred Beneficiary may provide DSI with joint written instructions authorizing DSI to forward the Deposit Materials to another escrow company and/or agent or other designated recipient. If DSI does not receive said joint written instructions within 60 days of the date of DSI's written termination notice, then DSI shall destroy, return or otherwise deliver the Deposit Materials in accordance with Section 5.4.

Appears in 2 contracts

Samples: Development and Purchase and Sale Agreement (Airvana Inc), Development and Purchase and Sale Agreement (Airvana Inc)

Termination by Resignation. DSI reserves the right to terminate this Agreement, for any reason, by providing Depositor MEDecision and Preferred Beneficiary with 60-days' written notice of its intent to terminate this Agreement. Within the 60-60- day period, the Depositor MEDecision and Preferred Beneficiary may provide DSI with joint written instructions authorizing DSI to forward the Deposit Materials to another escrow company and/or agent or other designated recipient. If DSI does not receive said joint written instructions within 60 days of the date of DSI's ’s written termination notice, then DSI shall destroy, will return or otherwise deliver the Deposit Materials in accordance with Section 5.4.

Appears in 2 contracts

Samples: Services Agreement (MEDecision, Inc.), Services Agreement (MEDecision, Inc.)

Termination by Resignation. DSI reserves the right to terminate this Agreement, for any reason, by providing Depositor and Preferred Beneficiary with 60-days' written notice of its intent to terminate this Agreement. Within the 60-day period, the Depositor and Preferred Beneficiary may provide DSI with joint written instructions authorizing DSI to forward the Deposit Materials to another escrow company and/or agent or other designated recipient. If DSI does not receive said joint written instructions within 60 days of the date of DSI's ’s written termination notice, then DSI shall destroy, return or otherwise deliver the Deposit Materials in accordance with Section 5.4.

Appears in 2 contracts

Samples: Technology and Database License Agreement (Genaissance Pharmaceuticals Inc), Software License Agreement (Vital Images Inc)

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Termination by Resignation. DSI reserves the right to terminate this ----------------------------- Agreement, for any reason, by providing Depositor and Preferred Beneficiary with 60100-days' written notice of its intent to terminate this Agreement. Within the 60100-day period, the Depositor and Preferred Beneficiary may provide DSI with joint written instructions authorizing DSI to forward the Deposit Materials to another escrow company and/or agent or other designated recipient. If DSI does not receive said joint written instructions within 60 100 days of the date of DSI's written termination notice, then DSI shall destroy, return or otherwise deliver the Deposit Materials in accordance with Section 5.4.

Appears in 1 contract

Samples: Oem License Agreement (Diversinet Corp)

Termination by Resignation. DSI reserves the right to terminate this Agreement, for any reason, by providing Depositor Company and Preferred Beneficiary Sprint with 60-ninety (90) calendar days' written notice of its intent to terminate this Agreement. Within the 60-ninety (90) day period, the Depositor Company and Preferred Beneficiary Sprint may provide DSI with joint written instructions authorizing DSI to forward the Deposit Materials to another escrow company and/or agent or other designated recipient. If DSI does not receive said joint written instructions within 60 ninety (90) calendar days of after the date of DSI's written termination notice, then DSI shall destroy, will return or otherwise deliver the Deposit Materials in accordance with Section 5.4.

Appears in 1 contract

Samples: Agreement (Z Tel Technologies Inc)

Termination by Resignation. DSI reserves the right to terminate this Agreement, for any reason, by providing Depositor and Preferred Beneficiary with 60-days' written notice of its intent to terminate this Agreement. Within the 60-day period, the Depositor and Preferred Beneficiary may provide DSI with joint written instructions authorizing DSI to forward the Deposit Materials to another escrow company and/or agent or other designated recipient. If DSI does not receive said joint written instructions within 60 days of the date of DSI's written termination notice, then DSI shall destroy, return or otherwise deliver the Deposit Materials in accordance with Section 5.45.5.

Appears in 1 contract

Samples: Preferred Agreement (Claimsnet Com Inc)

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