Termination of Licenses to a Non-Subsidiary Sample Clauses

Termination of Licenses to a Non-Subsidiary. Any and all licenses granted by JDSU to a member of the Lumentum Group hereunder shall terminate immediately at the time such entity is no longer an a member of the Lumentum Group.
AutoNDA by SimpleDocs
Termination of Licenses to a Non-Subsidiary. Any and all licenses granted by Houston to a Subsidiary of Seattle or Miami hereunder shall terminate with respect to such Subsidiary immediately at the time such Subsidiary is no longer a Subsidiary of Seattle or Miami, as the case may be, provided that (i) such termination shall not affect any sublicenses granted by such Subsidiary to any customer or end user pursuant to Section 3.3 (Sublicenses) prior to the date on which such Subsidiary ceased to be a Subsidiary of Seattle or Miami, which sublicenses shall remain in full force and effect, and (ii) no such termination shall occur with respect to any Subsidiary of Seattle that ceases to be a Subsidiary of Seattle but remains a Subsidiary of Miami.
Termination of Licenses to a Non-Subsidiary. Any and all licenses granted by Seattle to a member of the Houston Group hereunder shall terminate immediately at the time such member is no longer a member of the Houston Group, provided that such termination shall not affect any sublicenses granted by such member to any customer or end user pursuant to Section 4.3 (Sublicenses) prior to the date on which such member ceased to be a member of the Houston Group, which sublicenses shall remain in full force and effect.

Related to Termination of Licenses to a Non-Subsidiary

  • Termination of Licenses In the event of a termination of this Agreement by COMPANY pursuant to Article 9.2. 9.3 or 9.4 or by SELEXIS pursuant to Article 9.2 or 9.3, all and any rights and licenses granted under this Agreement shall terminate upon termination of this Agreement, except for the licenses which have become perpetual pursuant to Article 3.1.3.

  • Termination of License Upon the expiration or earlier termination of this Agreement (or of a Licensee’s rights to use the Citi Marks hereunder, in which case the following provisions of this Section 6.02 shall apply only with respect to such Licensee):

  • 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.

  • Authorization of Agreement This Agreement has been duly authorized, executed and delivered by the Company.

  • Termination of Existing Agreements Any previous employment agreement between Executive on the one hand and Employer or any of Employer’s Affiliates (as hereinafter defined) on the other hand is hereby terminated.

  • Authorization of Agreements, Etc The execution and delivery by the Company of this Agreement and the performance by the Company of its obligations hereunder and the issuance, sale and delivery of the Note have been duly authorized by all requisite corporate action and will not violate any provision of law, any order of any court or other agency of government, the Certificate of Incorporation of the Company, as amended, or the Bylaws of the Company, as amended, or will not result in a violation of any provision of any indenture, agreement or other instrument to which the Company, or any of its properties or assets is bound, or conflict with, result in a material breach of or constitute (with due notice or lapse of time or both) a default under any such indenture, agreement or other instrument, or result in the creation or imposition of any lien, charge, restriction, encumbrance, or, to the Company’s knowledge, claim of any nature whatsoever upon any of the properties or assets of the Company, the result of any of which would have a material adverse effect on the business of the Company.

  • Effect of Termination on Sublicenses Any sublicenses granted by Company under this Agreement shall provide for termination or assignment to Hospital of Company’s interest therein, at the option of Hospital, upon termination of this Agreement or upon termination of any license hereunder under which such sublicense has been granted.

  • Authorization of Agreement, Etc The Borrower has the right and power, and has taken all necessary action to authorize it, to borrow and obtain other extensions of credit hereunder. The Borrower and each other Loan Party has the right and power, and has taken all necessary action to authorize it, to execute, deliver and perform each of the Loan Documents to which it is a party in accordance with their respective terms and to consummate the transactions contemplated hereby and thereby. The Loan Documents to which the Borrower or any other Loan Party is a party have been duly executed and delivered by the duly authorized officers of such Person and each is a legal, valid and binding obligation of such Person enforceable against such Person in accordance with its respective terms except as the same may be limited by bankruptcy, insolvency, and other similar laws affecting the rights of creditors generally and the availability of equitable remedies for the enforcement of certain obligations (other than the payment of principal) contained herein or therein may be limited by equitable principles generally.

  • Authorization of Agreements The execution and delivery of this Amendment and the performance of the Amended Agreement have been duly authorized by all necessary corporate action on the part of Company.

  • Termination of Existing Agreement The Existing Agreement is hereby terminated and replaced and superseded by this Agreement, effective August 1, 2001. All payments, of Base Salary or otherwise, made by the Company under the Existing Agreement with respect to any period commencing on or after August 1, 2001 shall be credited against the corresponding payment obligations of the Company under this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.