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.
6.6.2 In the event of a termination of this TSA pursuant to this Section 6.6, the Parties acknowledge and agree that Migration of the Services may not be fully implemented as of such termination and, to the extent required by a Competent Authority, neither Party will have any obligation to assist in the Migration of the Services after such termination.
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. 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.
6.6.2 In the event of a termination of this MSA pursuant to this Section 6.6, the Parties acknowledge and agree that Migration of the Services may not be fully implemented as of such termination and, to the extent required by a Competent Authority, neither Party will have any obligation to assist in the Migration of the Services after such termination.
Termination for Regulatory Reasons. Bria may modify, discontinue, or terminate a license to any Product in any country or jurisdiction where there is any current or future government regulation, obligation, or other requirement, that causes Bria to believe this Agreement or such Product may conflict with any such regulation, obligation, or requirement. If Bria terminates a license for regulatory reasons, Customer will receive, as its sole remedy, a reimbursement for any prepaid, unused subscription fees.
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. Servier will be permitted to terminate the Agreement on ** notice or within a shorter period if required under Applicable Law, in its entirety or with respect to the countries in the Servier EU Territory, in the event of suspension or withdrawal of the MA. Servier will be permitted to terminate the Agreement promptly on a country-by-country basis in the Servier ex-EU Territory in the event of suspension or withdrawal of a Regulatory Approval in such country. Notwithstanding the foregoing, if such suspension or withdrawal is due to material breach of Servier’s obligations hereunder, and if following such suspension or withdrawal Servier has not used Commercially Reasonable Efforts to have such MA or Regulatory Approval reinstated within a reasonable period of time, Servier shall not have the right to terminate the Agreement under this Section 14.4.
Termination for Regulatory Reasons. (a) Each Fund may terminate this Agreement with immediate effect by serving notice on the Bank if:
(i) a Fund is required to terminate this Agreement pursuant to Applicable Law; or
(ii) the continued appointment of the Bank or the provision of the Services (or any part thereof) in accordance with the terms of this Agreement results in, or (taking into account a Fund's or the Investment Manager's policies which implement or apply Applicable Law where such policies have been updated or approved internally to implement or apply the relevant Applicable Law) will result in, a breach by a Fund or the Investment Manager of Applicable Law, provided that a Fund shall only be entitled to terminate this Agreement pursuant to this Clause 10.4(a) where it has used its reasonable endeavours to attempt to mitigate the impact of such Applicable Law.
(b) The Bank may terminate this Agreement serving a notice on a Fund giving notice of the termination date which shall not be less than six (6) months' (or such lesser amount of notice if the Bank is so directed or ordered by a regulator) after the date that the termination notice is served if the Bank has been ordered or directed to terminate this Agreement by a regulator or court of competent jurisdiction provided that the Bank shall only be entitled to serve a termination notice pursuant to this Clause 10.4(b) where it has used its reasonable endeavours to attempt to mitigate, to the extent possible, such an order or direction.
Termination for Regulatory Reasons. NetFoundry may suspend or terminate the Services, without liability, if NetFoundry receives a Governmental Authority’s order, judgment or subpoena, which in NetFoundry’s interpretation requires it to do so.
