Termination in advance Sample Clauses

Termination in advance. The contract can be terminated in advance only for a true and just cause. Each party may terminate this Agreement in the event that the other party should violate any of the covenants or restrictions within the terms of this Agreement. Furthermore, it is expressly agreed and understood that Seller may immediately terminate this agreement at its option, in the event that Buyer would violate the Payments clause (art. 6), by being late or delinquent.
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Termination in advance. During the term of the Agreement, the existing shareholders and the Domestic Company shall not terminate the Agreement in advance, unless under the condition of gross negligence, fraud, other illegal acts or bankruptcy or dissolution or termination according to laws of the Sole-funded Company; The Agreement shall be terminated automatically if the Sole-funded Company is bankrupt or dissolved legally before the expiry of the Agreement. Notwithstanding the foregoing, the Sole-funded Company is always entitled to terminate the Agreement through sending written notice to the other party 30 days in advance at any time.
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Termination in advance. Notwithstanding the provisions of Article 2 above, STS reserves the right to terminate this Contract immediately without the issue of prior notice in the following cases: - any total or partial transfer by the Distributor of its rights under this contract without STS's prior consent in writing, - and, any change in the control of the Distributor which STS considers to be against its interests. - any sale of products compatible with the Products or PalTrack. - any violation of the provisions of Article 9 of this Agreement. Each of the Parties also reserves the right to terminate this Contract in advance and without compensation with notice by registered letter or national overnight delivery with acknowledgment or refusal of receipt in the case where the other Party has failed to comply with its non-monetary contractual obligations and has failed to remedy such breach within a period of thirty (30) STS shall be entitled to recover its cost of enforcing its rights under this Agreement (including reasonable legal fees). Each of the Parties reserves the right to terminate this Contract immediately without the issue of prior notice in the case of any state of insolvency, receivership or compulsory liquidation of the other Party.
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Termination in advance. 1) If any event described in Section 12.02 occurs, any Party may terminate this Contract in advance and do so in accordance with the following termination procedures:
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Termination in advance. The Agreement shall be terminated after all equities of the Domestic Company held by its all shareholders and/or all assets of the Domestic Company have been legally transferred to the Sole-funded Company and/or one or more persons designated by it in accordance with the Exclusive Option Agreement. In addition, during the term of the Agreement, the Domestic Company shall not terminate the Agreement in advance, unless under the condition of the gross negligence, fraud, other illegal acts or bankruptcy or dissolution or termination according to laws of the Sole-funded Company; the Agreement shall be terminated automatically if the Domestic Company is bankrupt or dissolved legally before the expiry of the Agreement. Notwithstanding the foregoing, the Sole-funded Company is always entitled to terminate the Agreement through notice to the Domestic Company in writing with 30 days in advance, without taking the liability for breach of contract in respect of its unilateral dissolution of the Agreement.
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Termination in advance. Notwithstanding the provisions of Article 2 above, STS reserves the right to terminate this contract upon thirty (30) day written notice in the following cases:
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Termination in advance. Upon Default This Agreement may be terminated with immediate effect upon the occurrence of any of the following Events of Default: (a) Covenants The failure or neglect of Licensee to observe, keep or perform any of the covenants, terms and conditions of this Agreement, where such non-performance is not fully cured by Licensee within thirty (30) days after written notice from AppGate; or (b) Bankruptcy The filing of a petition for Licensee's bankruptcy, whether voluntary or involuntary, or if an assignment of Licensee's assets is made for the benefit of creditors, or a trustee or receiver is appointed to take charge of the business of Licensee for any reason, or if Licensee becomes insolvent or voluntarily or involuntarily dissolved. 7.2 Obligations on Termination Effective with the date of expiration or other termination of this Agreement, all Usage of the Licensed Products shall terminate, and all rights of Licensee under this Agreement shall cease, specifically including, but without limitation, the License and all other rights granted to Licensee under this Agreement. 7.3 No Waiver Termination of the Agreement under this Section shall be in addition to, and not a waiver of, any remedy at law or in equity available to AppGate arising from Licensee's breach of this Agreement. 8.
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Related to Termination in advance

  • Termination; Repayment The Revolving Line terminates on the Revolving Line Maturity Date, when the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable.

  • Termination in General If Executive’s employment with the Company terminates for any reason, the Company will pay or provide to Executive: (i) any unpaid Salary through the date of employment termination, (ii) any unpaid Annual Bonus for the fiscal year prior to the fiscal year in which the termination occurs (payable at the time the bonuses are paid to employees generally), (iii) any accrued but unused vacation or paid time off in accordance with the Company’s policy, (iv) reimbursement for any unreimbursed business expenses incurred through the termination date, to the extent reimbursable in accordance with Section 3, and (v) all other payments or benefits (if any) to which Executive is entitled under the terms of any benefit plan or arrangement.

  • Facility Termination Date Any outstanding Loans and all other unpaid Obligations (other than contingent indemnity obligations) shall be paid in full by the Borrower on the Facility Termination Date. Notwithstanding the termination of this Agreement on the Facility Termination Date, until all of the Obligations (other than contingent indemnity obligations) shall have been fully paid and satisfied and all financing arrangements among the Borrower and the Lenders hereunder and under the other Loan Documents shall have been terminated, all of the rights and remedies under this Agreement and the other Loan Documents shall survive.

  • Commitment Termination Date the earliest to occur of (a) the Revolver Termination Date; (b) the date on which Borrowers terminate the Revolver Commitments pursuant to Section 2.1.4; or (c) the date on which the Revolver Commitments are terminated pursuant to Section 11.2.

  • Termination; Advance Payments Upon termination of this Lease pursuant to Paragraph 6.2(g) or Paragraph 9, an equitable adjustment shall be made concerning advance Base Rent and any other advance payments made by Lessee to Lessor. Lessor shall, in addition, return to Lessee so much of Lessee's Security Deposit as has not been, or is not then required to be, used by Lessor.

  • Termination Giving Rise to a Termination Payment If there is a Covered Termination by the Executive for Good Reason, or by the Company other than by reason of (i) death, (ii) disability pursuant to Section 11, or (iii) Cause, then the Executive shall be entitled to receive, and the Company shall promptly pay, Accrued Benefits and, in lieu of further base salary for periods following the Termination Date, as liquidated damages and additional severance pay and in consideration of the covenant of the Executive set forth in Section 13(a), the Termination Payment pursuant to Section 8(a).

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Termination Period This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall be exercisable for twelve (12) months after Participant ceases to be a Service Provider. Notwithstanding the foregoing sentence, in no event may this Option be exercised after the Term/Expiration Date as provided above and this Option may be subject to earlier termination as provided in Section 13 of the Plan.

  • Termination Date The Executive’s “Termination Date” shall be:

  • Compensation in the Event of Termination In the event that the Executive’s employment hereunder terminates prior to the expiration of this Agreement for any reason provided in Section 5 hereof, the Company shall pay the Executive, compensation and provide the Executive and the Executive’s eligible dependents with benefits as follows:

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