Termination of Distribution Agreement. This Agreement shall automatically terminate upon termination of the Distribution Agreement.
Termination of Distribution Agreement. This Agreement shall remain in effect until the expiration of the Distribution Agreement. If GEN-PROBE shall terminate the Distribution Agreement in accordance with the provisions thereof, GEN-PROBE shall have the right to terminate this Agreement at the time of such termination. In addition, either party may terminate this Agreement on written notice given to the other party prior to the scheduled expiration of the Term in the event of a material breach of any of the terms hereof or of the Distribution Agreement (including any payment terms) by the other party not cured within sixty (60) days (thirty (30) days for an obligation to pay monies unless the same is contested in good faith, in which case, to avert default, the paying party may deposit the disputed amount with a third-party escrow agent pending resolution of such dispute and interest shall be payable on all disputed amounts determined to be payable at an annual rate of two percentage points above the prime rate from time to time quoted by Bank of America at its principal office in San Francisco, California, with changes in such prime rate to be effective as of the date of such change) from and after written notice of such breach is given by the terminating party. Termination of this Agreement shall not release either party from any liability or obligation arising prior to the date of such expiration or termination.
Termination of Distribution Agreement. The Distribution Agreement between the Parties, dated December 13, 1995, is rescinded as of the Date of this Agreement, except that the obligations of confidentiality, indemnity, warranty, and for continuing support of Oshkosh products sold under that Agreement shall survive, including the termination of this Agreement.
Termination of Distribution Agreement. Each Party agrees that, notwithstanding anything to the contrary herein, effective as of the Closing, (a) that certain Distribution and License Agreement, dated as of February 8, 2016, as amended from time to time, by and between Seller and Buyer (the “Distribution Agreement”) shall terminate and be of no further force or effect, and (b) the payment of the portion of the Closing Cash Consideration deliverable by Buyer to Seller at the Closing will relieve Buyer of any and all payment and other obligations to Seller under the Distribution Agreement; provided, however, that Seller acknowledges and agrees that the obligations of confidentiality and the protection of confidential information pursuant to Section 21 of the Distribution Agreement binding Seller shall survive the termination of such Distribution Agreement pursuant to its terms.
Termination of Distribution Agreement. Except as expressly set forth herein, the Distribution Agreement shall terminate in its entirety on the Termination Effective Date, and at such time all rights and obligations of Volcano and Fukuda under the Distribution Agreement shall cease. As of the Termination Effective Date, (a) all rights granted by Volcano to Fukuda with respect to Volcano Products, if any, shall terminate and shall revert to Volcano without any further action required on the part of either Volcano or Fukuda, and Fukuda shall have no right to distribute, sell, market, or promote Volcano Products and (b) Fukuda shall cease all sales, distribution, and marketing activities, terminate all subdistribution agreements, and cease all servicing activities with respect to the Volcano Products.
Termination of Distribution Agreement. Sellers shall terminate the Distribution and Service Agreement, dated October 31, 2000, by and between Pioneer, Pioneer LTD and the GmbH Subsidiary prior to the closing of the sale of the GmbH Shares. back to top
Termination of Distribution Agreement. On the terms and subject to the conditions stated in this Agreement, the parties hereby agree to terminate the Distribution Agreement and the Xxxxx Agreement effective as of the close of business on February 28, 2001 ("Effective Date"); provided, however, that the Effective Date shall not occur and neither the Distribution Agreement nor the Xxxxx Agreement shall terminate in the event that the Transition Agreement (as defined below) and the Fluid Handling Group Distribution Agreement (as defined below) have not been executed and delivered as of the close of business on February 28, 2001, to be effective March 1, 2001.
Termination of Distribution Agreement. (a) Notwithstanding anything to the contrary set forth in the Distribution Agreement, the Distribution Agreement shall terminate effective July 1, 1998 (the "Termination Date"), and, except solely as provided herein, neither party shall have any further rights, interests, liabilities, responsibilities or obligations thereunder from and after the Termination Date. Except as provided in Sections 1(b), 2 and 3 below, the Distribution Agreement shall continue in full force and effect, unmodified hereby, until the Termination Date.
Termination of Distribution Agreement. The parties hereto agree and acknowledge that the Distribution Agreement, and any and all rights thereunder of DCT, its officers, directors, shareholders, principals, employees, subsidiaries, affiliates, agents or representatives are hereby terminated and of no further force or effect, including the right to import, warehouse, market, sell and distribute the Drug and any modifications, improvements or derivations thereof.
Termination of Distribution Agreement. Effective as of the date of this Agreement, the Distribution Agreement is hereby terminated in all respects and except as set forth in the immediately succeeding sentence, the Distribution Agreement shall be null and void and of no effect whatsoever, and no party to the Distribution Agreement shall have any further right, liability, or obligation thereunder. Notwithstanding the termination of the Distribution Agreement, the provisions of Article 1 (Definitions) of the Distribution Agreement shall survive the termination of the Distribution Agreement solely for purposes of this Agreement; the provisions of Article 12 (Confidential Information) and Section 16.13 (Press Releases and Announcements) of the Distribution Agreement shall survive the termination of the Distribution in accordance with Section 4 of this Agreement; the provisions of Section 7.3 (Technical Support) of the Distribution Agreement shall survive the termination of the Distribution Agreement until the first anniversary of the date hereof; Article 8 (Product Warranties) of the Distribution Agreement shall survive the termination of the Distribution Agreement; and the provisions of certain sections of Article 14 (Indemnification; Insurance Requirements) of the Distribution Agreement shall survive the termination of the Distribution Agreement in accordance with Section 6 of this Agreement. Capitalized terms used, but not defined herein, shall have the meanings ascribed to them in the Distribution Agreement.
