Termination of Master Agreement Sample Clauses

Termination of Master Agreement. 8.1 Notwithstanding anything else contained herein, either Party (“non-defaulting Party”) may terminate this Master Agreement immediately by notice in writing to the other Party (“defaulting Party”) at any time upon or after the occurrence of any of the following events:
AutoNDA by SimpleDocs
Termination of Master Agreement. Either you or we may end this Master Agreement at any time by giving the other 30 days notice in writing to that effect. At the end of the 30 days you may no longer enter into a Transaction with us that is expressed to be governed by this Master Agreement but the terms of this Master Agreement will continue to form part of any Transaction that remains in force.
Termination of Master Agreement. ITS may terminate the Master Agreement without the assessment of penalties for any reason after giving thirty (30) calendar days written notice specifying the effective date thereof to Seller, but any supplement/purchase order entered into prior to the termination date of the Master Agreement shall survive the termination of the Master Agreement. The terms of this Master Agreement shall survive its termination/expiration with respect to any un-expired supplements/purchase orders.
Termination of Master Agreement. 10.1.1 This Master Agreement may be terminated on each anniversary date by either party giving the other a minimum of six (6) months prior written notice.
Termination of Master Agreement. Upon earlier termination of the Master Agreement pursuant to SECTION 7.B above, the termination of the Master Agreement shall automatically result in the termination of each SLA and COMPANY shall at its sole cost and expense remove each applicable ANTENNA FACILITY and repair and restore the affected areas of each of the LICENSED AREAs and PROPERTIES no later than sixty (60) days after notice of termination.
Termination of Master Agreement. If the Master Agreement shall terminate or the transactions contemplated therein are rescinded or unwound for any reason, all licenses granted under Section 2.1 hereof and the obligations of PerSeptive under Sections 4.1.6, 5.1, 6.1, 6.2 and 14 hereof shall terminate and all other provisions of the Agreement shall survive, provided, however, that, to the extent that a continuing license shall be necessary for ChemGenics to practice, exploit or commercialize any invention made by ChemGenics prior to the rescission of the Master Agreement, then (i) if the invention is a drug or drug candidate or drug target, PerSeptive shall grant to ChemGenics a worldwide non-exclusive, perpetual, royalty-free license under the Licensed Technology to the extent necessary to make, use or sell such drug, drug candidate or drug target and (ii) if the invention is not a drug, drug candidate or drug target, (a) if such continuing license is no broader than a User License that PerSeptive makes generally available to its customers, PerSeptive will provide such User License by ChemGenics from PerSeptive on terms no less favorable than those offered to its other customers and (b) if ChemGenics requires a broader license than is currently available in connection with the purchase of products under any User License then PerSeptive shall grant an additional worldwide, non-exclusive, perpetual, royalty-free license under the Licensed Technology solely to the extent necessary for ChemGenics to practice, exploit and commercialize such invention in the Field; provided that ChemGenics shall purchase the PerSeptive products necessary to obtain such User License. In addition, in the event the Master Agreement shall terminate or the transactions contemplated therein are rescinded or unwound for any reason, ChemGenics shall grant to PerSeptive a worldwide, non-exclusive, perpetual, royalty-free license in the PerSeptive Field to any improvement to the Licensed Technology made by ChemGenics between the date hereof and the date of such rescission.
Termination of Master Agreement. 8.01 Except as otherwise provided herein, this Master Agreement and its Schedules shall be effective upon execution by both parties and shall remain in full force and effect through the close of business on December 31, 2016. Unless terminated as of the end of any term by either Party on not less than six (6) month's written notice to the other Party, this Master Agreement shall automatically extend for additional, successive three (3) year terms upon the expiration of any term hereof (i) at the fees set forth in any mutually agreed upon new schedule of fees or, in the absence of such Schedule, (ii) at the fees in existence at the expiration of the expiring term, increased by the lesser of the percentage increase in the CPI-U/2/ during the immediately preceding twelve (12) months or five percent (5%) as of each anniversary in the new Term. Each additional three (3) year term shall be an additional term of this Schedule.
AutoNDA by SimpleDocs
Termination of Master Agreement. Subject to the terms and conditions set forth below, Borrower shall have the right to terminate this Master Agreement and receive a Release of all of the Collateral.
Termination of Master Agreement. If the Master Agreement terminates through any event that is not caused by a default of Sublicensee or Sublicensor under this Sublicense, this Sublicense shall terminate and the parties hereto shall be relieved of any further liability or obligation under this Sublicense, except that (i) any Additional Charges or other additional rent or other charges provided for under the Master Agreement which shall have become due and payable prior to such termination shall remain payable and (ii) any prepaid portion of Sublicense Base Rent and Sublicense Additional Rent not yet earned by Sublicensor shall be promptly returned to Sublicensee. If the Master Agreement terminates, in no event shall Sublicensor be required to act beyond its obligations as customer in the Master Agreement or as provided in this Sublicense. 4.6
Termination of Master Agreement. If at any time the Master Agreement is terminated, this Agreement will automatically terminate.
Time is Money Join Law Insider Premium to draft better contracts faster.