Termination of Facility License Agreement Sample Clauses

Termination of Facility License Agreement. If a Facility License Agreement is terminated or a Sublicensee otherwise ceases to operate at a Facility prior to the expiration or termination of the applicable License Term for any reason, Licensee shall have the right, but not the obligation, to operate in place of such Sublicensee at the applicable Facility in accordance with the terms of this Agreement and the applicable LMA and Facility License Agreement until such time as Licensee identifies a prospective Sublicensee that Licensor approves in accordance with this section 1.4 to provide Services within the Service Area for the remainder of the applicable License Term.
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Termination of Facility License Agreement. Upon the expiration or termination of any Facility License Agreement prior to the expiration or termination of the Agreement and prior to the expiration or termination of the applicable LMA: (a) Licensee will immediately pay all monies then due and owing to Licensor under this Agreement relating to the Facility subject to the Facility License Agreement if such expiration or termination results in there being no Facility License Agreements in effect with respect to the applicable Facility, and if the expiration or termination of a Facility License Agreement results in there being no Facility License Agreements in effect under an LMA, then such LMA shall automatically terminate, (b) the applicable Sublicensee will have no right to operate at such Facility or access or use such Facility, and (c) Licensee shall cause the applicable Sublicensee to surrender and vacate the applicable Facility as provided in section 11.2.1.
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Related to Termination of Facility License Agreement

  • Termination of License Agreement Without limiting the generality of the foregoing, in the event that the License Agreement is terminated in accordance with its terms, this Agreement, including without limitation any Purchase Order(s) or Project Work Orders then-in-effect, shall automatically terminate in its entirety as of the effective date of termination of the License Agreement.

  • License Agreement The Trust shall have the non-exclusive right to use the name "Invesco" to designate any current or future series of shares only so long as Invesco Advisers, Inc. serves as investment manager or adviser to the Trust with respect to such series of shares.

  • Termination of Management Agreement Evidence of the termination of any and all management agreements affecting the Property, effective as of the Closing Date, and duly executed by Seller and the property manager.

  • PATENT LICENSE AGREEMENT EXCLUSIVE PHS and Licensee agree as follows:

  • Collaboration Agreement The Collaboration Agreement shall not have been terminated in accordance with its terms and shall be in full force and effect.

  • BACKGROUND OF AGREEMENT 1.1 LICENSOR represents that it has certain intellectual property pertaining to services and technologies in the field of teleradiology, in respect to which it is prepared to grant a nonexclusive license to LICENSEE.

  • Term of Agreement Termination of Agreement Amendment of Agreement a. This Agreement is effective with respect to each Fund as of the date of execution of the applicable exhibit and shall continue in effect with respect to each Fund presently set forth on an exhibit and any subsequent Funds added pursuant to an exhibit during the initial term of this Agreement for one year from the date set forth above, and thereafter for successive periods of one year if such continuance is approved at least annually by the Trustees of the Trust including a majority of the members of the Board of Trustees of the Trust who are not interested persons of the Trust and have no direct or indirect financial interest in the operation of any Distribution Plan relating to the Trust or in any related documents to such Plan ("Disinterested Trustees") in the manner required by the Rules and Regulations. If a Fund is added after the first annual approval by the Trustees as described above, this Agreement will be effective as to that Fund upon execution of the applicable exhibit and will continue in effect until the next annual approval of this Agreement by the Trustees and thereafter for successive periods of one year, subject to approval as described above.

  • Application to Master Agreement For the avoidance of doubt, Clause 21.5 does not apply in respect of sums due from the Borrower to the Swap Bank under or in connection with the Master Agreement as to which sums the provisions of section 8 (Contractual Currency) of the Master Agreement shall apply.

  • Development Agreement That certain Development Agreement dated of even date herewith by and between the Company and Developer providing for the development of the Project on the Property, a copy of which is attached hereto as Exhibit C and incorporated herein by reference. Development Fee. As described in Section 6.8.

  • Trademark License Agreement Buyer shall have executed and delivered to Sellers the Trademark License Agreement.

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