Termination for Regulatory Reasons Sample Clauses

Termination for Regulatory Reasons. 6.6.1 Each Party shall have a right to terminate this TSA if directed in writing by a Competent Authority. A Party may exercise such right upon 90 days’ prior notice, or such shorter timeframe as required by a Competent Authority or to comply with Regulation.
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Termination for Regulatory Reasons. Either Party may terminate this Agreement without penalty or damages in the event that regulatory clearance or approval in either the U.S. or the European Union is revoked, such revocation to constitute a presumption that the Product design is deemed unsafe.
Termination for Regulatory Reasons. 6.6.1 Each Party shall have a right to terminate this MSA if directed in writing by a Competent Authority. A Party may exercise such right upon 90 days’ prior notice, or such shorter timeframe as required by a Competent Authority or to comply with Regulation.
Termination for Regulatory Reasons. If Kolltan reasonably determines that it is not feasible for Kolltan to pursue the Development or Commercialization of Licensed Products for reasons of safety or lack of efficacy, then Kolltan may terminate this Agreement with respect to the Licensed Program upon thirty (30) days’ written notice to MedImmune. If Kolltan reasonably determines that it is not feasible for Kolltan to pursue the Development or Commercialization of Follow-On Products for reasons of safety or lack of efficacy, then Kolltan may terminate this Agreement with respect to the Follow-On Program upon thirty (30) days’ written notice to MedImmune.
Termination for Regulatory Reasons. Tenant may terminate this Agreement if ordered to do so, whether formally or informally, by any state or federal regulatory authority having jurisdiction over Tenant, or if such regulatory authority threatens formal or informal administrative action to prohibit or restrict Tenant from performing under this Agreement. In any such event, Tenant may terminate this Agreement for such reason, effective upon giving Digitlord written notice of termination for such reason, and in such event this Agreement shall terminate neither party shall have any obligation or liability to the other party for any reason, except that Tenant shall continue to pay to Digitlord the Account Relationship Fee for a period of 36 months following the date of termination for such reason. Should regulatory action be “informal”, and at the request of Digitlord, Tenants attorney will document such actions for the Digitlord attorney. Information provided will be treated as confidential.
Termination for Regulatory Reasons. Company may immediately terminate this Agreement upon written notice to Sponsor if Company determines in its sole discretion that the IQCS Pilot Program or the Sponsorship is prohibited by applicable law, rule or regulation, or that compliance with applicable law, rule or regulation would be in Company’s sole discretion, excessively burdensome to Company.
Termination for Regulatory Reasons. The Customer acknowledges that the Platform Partner and/or XXX and/or Supplier Partner may unliterally terminate, disable or suspend any Service(s) for legal, regulatory or any other reason on reasonable notice by the Platform Partner, XXX or Supplier Partner to the Customer.
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Termination for Regulatory Reasons. Fusion the Apps People may modify, discontinue, or terminate a Product in any country or jurisdiction where there is any current or future government regulation, obligation, or other requirement, that (1) is not generally applicable to businesses operating there;
Termination for Regulatory Reasons. DealBench shall have the right to terminate this Agreement in writing immediately if DealBench determines in its sole discretion that the linking relationship established by this Agreement is prohibited by applicable law, rule or regulation, or that compliance with applicable law, rule or regulation would be in DealBench’s sole discretion, excessively burdensome to DealBench.
Termination for Regulatory Reasons. We may terminate the Agreement at any time by written notice with immediate effect if We reasonably believe that its performance, or any aspect of it, results, or might result, in Us or any entity of our network, breaching any legal, regulatory, ethical or independence requirement in any jurisdiction. Notwithstanding the above, We may either suspend the Agreement or seek to agree variations to it in order to avoid such breach.
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