Termination of Related Agreements. Effective as of the Closing Date, the Stockholders shall terminate all existing agreements between the Stockholders and the Company, except as otherwise directed by Buyer.
Termination of Related Agreements. 12.4.1 If the Concurrent Agreement (as defined below) is terminated by XXX pursuant to Section 11.1 thereof as a result of a breach by KO, then MEC shall have the option to terminate this Agreement upon ninety (90) days written notice to KO, which option may be exercised within one hundred twenty (120) days of the occurrence of such termination by written notice by MEC to KO. Any such termination shall be effective ninety (90) days after KO’s receipt of MEC’s written notice of termination, and MEC shall not be liable to KO or otherwise obligated to pay to KO any Aggregate Termination Fee or other amount by reason of such termination for compensation, reimbursement or damages of whatsoever nature including, for (i) loss of prospective compensation or earnings, (ii) goodwill or loss thereof, or (iii) expenditures, investments, leases or any type of commitment made in connection with the business of KO or in reliance on the existence of this Agreement. MEC’s right to terminate this Agreement under this Section 12.4.1 shall be independent of any other rights or remedies of MEC under this Agreement. The “Concurrent Agreement” means the Amended and Restated International Distribution Coordination Agreement dated concurrently herewith between KO and XXX and MEC.
Termination of Related Agreements. 11.4.1. If the Concurrent Agreement (as defined below) is terminated by MEC pursuant to Section 12.1 thereof as a result of a breach by KO, then XXX shall have the option to terminate this Agreement upon ninety (90) days written notice to KO, which option may be exercised within one hundred twenty (120) days of the occurrence of such termination by written notice by XXX to KO. Any such termination shall be effective ninety (90) days after KO’s receipt of MEL’s written notice of termination, and XXX shall not be liable to KO or otherwise obligated to pay to KO any Aggregate Termination Fee or other amount by reason of such termination for compensation, reimbursement or damages of whatsoever nature including, for (i) loss of prospective compensation or earnings, (ii) goodwill or loss thereof, or (iii) expenditures, investments, leases or any type of commitment made in connection with the business of KO or in reliance on the existence of this Agreement. MEL’s right to terminate this Agreement under this Section 11.4.1 shall be independent of any other rights or remedies of XXX under this Agreement. The “Concurrent Agreement” means the Amended and Restated Monster Energy Distribution Coordination Agreement dated concurrently herewith between KO and MEC.
Termination of Related Agreements. In the event of termination of this Agreement, the Related Agreements shall terminate with immediate effect, subject to any continuing or surviving obligations as set forth in each such Related Agreement. *** Indicates the omission of confidential material pursuant to a request for confidential treatment made in accordance with Rule 24b-2 under the Securities Exchange Act of 1934, as amended. The Confidential material is being filed separately with the Secretary to the Securities and Exchange Commission.
Termination of Related Agreements. 12.4.1. If the Concurrent Agreement (as defined below) is terminated by KO without cause or terminated by Tauranga Ltd., an Irish Company (“XXX”) as a result of a breach by KO, then Xxxxxx shall have the option to terminate this Agreement, which option may be exercised within one hundred twenty (120) days of the occurrence of such termination by written notice by Xxxxxx to KO. Any such termination shall be effective upon KO’s receipt of Xxxxxx’x written notice of termination, and Xxxxxx shall not be liable to KO or otherwise obligated to pay to KO any Aggregate Termination Fee or other amount by reason of such termination for compensation, reimbursement or damages of whatsoever nature including, for (i) loss of prospective compensation or earnings, (ii) goodwill or loss thereof, or (iii) expenditures, investments, leases or any type of commitment made in connection with the business of KO or in reliance on the existence of this Agreement. Xxxxxx’x right to terminate this Agreement under this Section 12.4.1 shall be independent of any other rights or remedies of Xxxxxx under this Agreement. The “Concurrent Agreement” means the Monster Energy International Distribution Coordination Agreement dated concurrently herewith between KO and XXX.
12.4.2. If the Concurrent Agreement is terminated by XXX without cause or terminated by KO as a result of MEL’s breach, then KO shall have the option to terminate this Agreement, which option may be exercised within one hundred twenty (120) days of the occurrence of such termination by written notice by KO to Xxxxxx. Any such termination shall be effective upon Xxxxxx’x receipt of KO’s written notice of termination, and KO shall not be liable to Xxxxxx or otherwise obligated to pay to Xxxxxx any Aggregate Termination Fee or other amount by reason of such termination for compensation, reimbursement, or damages of whatsoever nature including, for (i) loss of prospective compensation or earnings, (ii) goodwill or loss thereof, or (iii) expenditures, investments, leases or any type of commitment made in connection with the business of Xxxxxx or in reliance on the existence of this Agreement. KO’s right to terminate this Agreement under this Section 12.4.2 shall be independent of any other rights or remedies of KO under this Agreement.
Termination of Related Agreements. The Parties hereby agree that each of the Related Agreements to which they are party are terminated, effective immediately, and each Party irrevocably releases and waives any and all rights it may have under the Related Agreements and agrees to hold each other Party harmless against any claims it (or any third party claiming rights through such Party) may make thereunder.
Termination of Related Agreements. Upon Closing, the following agreements shall be terminated and of no further force or effect and each Shareholder hereby discharges any outstanding amounts payable thereunder and agrees to deliver Jack Xxxxx'x xxxcharge of same at Closing (i) the Medical Advisory Agreement dated September 9, 1996 between Vision 21 and Richxxx X. Xxxxxxxxx, X.D., and (ii) the Regional Services Agreements dated May 29, 1997 between Vision 21 and each of Richxxx X. Xxxxxxxxx, X.D., Davix X. Xxxxxxx, X.D., Thomxx X. Xxxxxxxxx, X.D., and Jack Xxxxx.
Termination of Related Agreements. Should the CBCHB Agreement be terminated for any reason, BC Housing may immediately terminate this Supported Rent Supplement Program Agreement.
Termination of Related Agreements. 11.4.1. If the Concurrent Agreement (as defined below) is terminated by KO without cause or terminated by Xxxxxx as a result of a breach by KO, then XXX shall have the option to terminate this Agreement, which option may be exercised within one hundred twenty (120) days of the occurrence of such termination by written notice by XXX to KO. Any such termination shall be effective upon KO’s receipt of MEL’s written notice of termination, and XXX shall not be liable to KO or otherwise obligated to pay to KO any Aggregate Termination Fee or other amount by reason of such termination for compensation, reimbursement or damages of whatsoever nature including, for (i) loss of prospective compensation or earnings, (ii) goodwill or loss thereof, or (iii) expenditures, investments, leases or any type of commitment made in connection with the business of KO or in reliance on the existence of this Agreement. MEL’s right to terminate this Agreement under this Section 11.4.1 shall be independent of any other rights or remedies of XXX under this Agreement. The “Concurrent Agreement” means the Monster Energy Distribution Coordination Agreement dated concurrently herewith between Xxxxxx and KO.
Termination of Related Agreements. On or as soon as reasonably practicable following the Recapture Closing Date, Ceding Company and Reinsurer shall terminate the Reinsurance Trust Agreement, effective as of the Recapture Closing Date, in accordance with the terms thereof.
