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 “
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. 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. Should the CBCHB Agreement be terminated for any reason, BC Housing may immediately terminate this Supported Rent Supplement Program Agreement.
Termination of Related Agreements. An early termination date is designated in respect of, or notice is given to terminate (or in connection with the termination of), any other agreement, contract or set of terms of business in place between Party A or any of its Specified Entities or Affiliates and Party B.
Termination of Related Agreements. If either SensiVida or Infotonics should violate or fail to perform any material covenant, condition, obligation or undertaking required of it contained in any of those certain Investor Rights Agreement, Stockholders Agreement or Subscription Agreement, each entered into by and between SensiVida and Infotonics on even date herewith, and it shall have failed to cure any such default within any applicable cure period, then the other party may, at its option, terminate this Agreement by written notice to SensiVida or Infotonics, as the case may be.
Termination of Related Agreements. Section 3.1 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.
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. The Parties hereby agree that in connection with the closing of a sale of an Option Vessel, the applicable TCP between EE and the relevant Option Vessel Owner shall terminate upon successful closing of the sale, and, for avoidance of doubt, the transferee of the Option Vessel may terminate its ship management agreement with Exmar (if such agreement has not terminated in accordance with its terms).
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.
