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. 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:
8.1.1 the defaulting Party: (i) has any attachment, distress or execution levied on or against all or any part of its property and such is not satisfied within thirty (30) days from last date of such levy; (ii) ceases or threatens to cease to carry on its business; (iii) is determined or adjudicated to be insolvent or bankrupt by a court or competent authority;
8.1.2 any corporate action, legal proceedings or other procedure or step is taken in relation to:
(i) any suspension of payments, moratorium of any indebtedness, administration, judicial management, scheme of arrangement, provisional or final supervision, composition, compromise, assignment, reorganisation, readjustment or arrangement of the defaulting Party’s business, debts, affairs or any part thereof under any applicable laws relating to bankruptcy or insolvency;
(ii) the appointment of a liquidator, receiver or manager, administrator, judicial manager, scheme manager, administrative receiver, compulsory manager, provisional supervisor or other similar officer in respect of all or any part of the defaulting Party’s assets or undertakings; or
(iii) the institution of any proceeding for the liquidation, winding up, striking off or dissolution of the defaulting Party’s business; or
8.1.3 the defaulting Party is the subject of any event or circumstance in any relevant jurisdiction which is similar to the matters set out in 8.1.1 to 8.1.2 above.
Termination of Master Agreement. ITS may terminate this Master Agreement for any reason without the assessment of any penalties after giving thirty (30) calendar days written notice specifying the effective date thereof to Contractor, but any supplement and/or purchase order entered into prior to the termination date of this 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. 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. 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.
10.1.2 If either University or Company terminates the Master Agreement, the uncommitted balance of any prepaid annual fee paid by Company for participation in the consortium will be prorated up to the date of termination of this Master Agreement, and shall be reimbursed to Company within thirty (30) days of termination. In addition, Company will pay for all direct costs incurred for all Center Designated Projects or Company Designated Projects, up to and including the effective date of termination of each specific Project, as detailed in Section 10.2 below, and for all non-cancelable obligations made before receipt of notice of termination for each Project, even though they may extend beyond such termination date.
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. 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. 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:
8.1.1 the defaulting Party: (i) has any attachment, distress or execution levied on or against all or any part of its property and such is not satisfied within thirty (30) days from last date of such levy; (ii) ceases or threatens to cease to carry on its business;
(iii) is determined or adjudicated to be insolvent or bankrupt by a court or competent authority;
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.
8.02 In the event that this Master Agreement is terminated for other than Pioneer's default, Boston Financial agrees that: (i) subject to compliance with this Master Agreement and the Schedules hereto, Pioneer may extend this Master Agreement and such Schedules from the scheduled date of termination on no less than six (6) months prior written notice to Boston Financial for a period of up to twelve (12) months (any such extended period to be hereinafter referred to as the "Extension Period") at no additional charge but at the then current fees plus any regularly scheduled increases; and (ii) in order to provide for uninterrupted service to Pioneer, Boston Financial and/or its Affiliates, at Pioneer's request, shall offer reasonable assistance to Pioneer in connection with the conversion of the records of Pioneer from the TA2000 System to whatever service or system is selected by Pioneer (the "Deconversion") (subject to the recompense of Boston Financial or such Affiliate for such assistance at its standard rates and fees in effect at the time). As used herein "reasonable assistance" and "transitional assistance" shall not include requiring Boston Financial or its Affiliates
(i) to assist any new service or system provider (the "New Agent") to modify, to alter, to enhance, or to improve the New Agent's system, or to provide any new functionality to the New Agent's system, (ii) to disclose any Confidential Information as defined in Section 11, or (iii) to develop Deconversion software, to modify any Software of Boston Financial or its Affilia...
Termination of Master Agreement. Unless otherwise provided in this Master Agreement, either Authority or Customer may terminate this Master Agreement at any time upon one hundred twenty (120) days’ prior written notice to the other Party.
