Common use of Termination of Affiliates’ Access Rights Clause in Contracts

Termination of Affiliates’ Access Rights. Access Rights granted to an Affiliate are subject to the continuation of the Access Rights of the party to which it is affiliated, and shall automatically terminate upon termination of the Access Rights granted to such party. Upon cessation of the status as an Affiliate, any Access Rights granted to such former Affiliate shall lapse.

Appears in 2 contracts

Samples: Framework Agreement, Framework Agreement

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Termination of Affiliates’ Access Rights. Access Rights granted to an Affiliate are subject to the continuation of the Access Rights of the party to which it is affiliated, and shall automatically terminate upon termination of the Access Rights granted to such party. Upon cessation of the status as an Affiliate, any Access Rights granted to such former Affiliate shall will lapse.

Appears in 1 contract

Samples: Icon Project Agreement

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Termination of Affiliates’ Access Rights. Access Rights granted to an Affiliate are subject to the continuation of the Access Rights of the party Partner to which it is affiliated, and shall automatically terminate upon termination of the Access Rights granted to such partyPartner. Upon cessation of the status as an Affiliate, any Access Rights granted to such former Affiliate shall lapse.

Appears in 1 contract

Samples: Framework Agreement

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