Termination of the Business Relationship Sample Clauses

Termination of the Business Relationship. If either Party wishes to terminate the business relationship between the Parties, for any reason and at any time, it may do so by giving prior written notice of such termination to the other Party specifying the effective date thereof at least thirty (30) days prior to the effective
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Termination of the Business Relationship. If the Optionee's ---------------------------------------- Business Relationship with the Company is terminated, other than by reason of death or disability as defined in Article 5 or for misconduct as defined in Article 16, no further installments of this option shall become exercisable and this option shall terminate after the passage of ninety (90) days from the date the Business Relationship is terminated, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.
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Termination of the Business Relationship. 8.1 Since the regulatory and statutory obligations specified in Sections 2 and 3 do not end when the business relationship between the manufacturer and dealer ends, they must be assigned before the business relationship ends. 8.2 Consequently, the dealer undertakes to hand over all his customer-related and product quality-related data and records to the manufacturer which the latter requires to continue to fulfill his obligations under Sections 2 and 3 (hereinafter referred to as data) when the business relationship between the dealer and manufacturer ends.
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Termination of the Business Relationship. Even if the commercial relationship that binds the PARTIES is for any reason concluded before the expiration of its term, compliance with this agreement shall prevail and the confidential information shall continue to be protected in accordance with the terms of this agreement.
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Termination of the Business Relationship. 15.6.1. Since the regulatory and statutory obligations specified in Sections 16.2 and 16.3 do not end when the business relationship between the Supplier and Distributor ends, they must he assigned before the business relationship ends. 15.6.2. Consequently, the Distributor undertakes to hand over all his customer- related and product quality-related data and records to the Supplier which the latter requires to continue to fulfill his obligations under Sections 16.2 and 16.3 (hereinafter referred to as data) when the business relationship between the Distributor and Supplier ends. 15.6.3. Alternatively, the data can also be passed on to a legal successor of the Distributor, provided this company is reliable and has the experience, organizational structures and trained experts required to distribute medical products in order to enter fully into the obligations on the Distributor under this agreement. The Supplier must be informed in writing of the assignment of the obligations under this agreement and the necessary data at least three (3) months beforehand. If one or more of the above qualifications is not met. the Supplier shall have the right to refuse to allow the Distributor’s legal successor to assume the obligations under this agreement and to refrain from initiating a business relationship relating to further distribution of the products through the Distributor’s legal successor. In this case, the Distributor must surrender the data directly to the Supplier. In addition, the legal successor must conclude a similar agreement to this one with the Supplier. The Distributor shall transfer the data to its legal successor only after said agreement has been concluded between the legal successor and the Supplier. Otherwise, the Distributor must surrender the data directly to the Supplier. 15.6.4. The data to be handed over by the Distributor may be used only for the purposes specified in Sections 16.2 and 16.3 of this agreement, but not for distribution purposes.
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Termination of the Business Relationship 
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Related to Termination of the Business Relationship

  • Termination of Business Relationship If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5, no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of 90 days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

  • Business Relationship The relationship between a landlord and tenant is a business relationship. A courteous and businesslike attitude is required from both parties. We reserve the right to refuse rental to anyone who is verbally abusive, swears, is disrespectful, makes threats, is under the influence, is argumentative, or in general displays an attitude at the time of the unit showing and application process that causes management to believe we would not have a positive business relationship.

  • Certain Business Relationships Neither Parent nor any of its affiliates is a party to any Contract with any director, officer or employee of the Company or any Company Subsidiary.

  • No Obligation to Continue Business Relationship Neither the Plan, this agreement, nor the grant of this option imposes any obligation on the Company to continue the Optionee in employment or other Business Relationship.

  • Business Relationships There are no business relationships or related party transactions involving the Company or any other person required to be described in the Registration Statement, the Pricing Disclosure Package and the Prospectus that have not been described as required.

  • Termination of Relationship If Optionee terminates Continuous Status as an Employee or Consultant for any reason, Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultant, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

  • Subadviser’s Relationship Notwithstanding anything herein to the contrary, Subadviser shall be an independent contractor and will have no authority to act for or represent the Trust, the Fund or Manager in any way or otherwise be deemed an agent of any of them, except to the extent expressly authorized by this Agreement or in writing by the Trust or Manager.

  • No Employment Relationship Whether or not any Options are to be granted under this Plan shall be exclusively within the discretion of the Plan Administrator, and nothing contained in this Plan shall be construed as giving any person any right to participate under this Plan. The grant of an Option shall in no way constitute any form of agreement or understanding binding on the Company or any Related Company, express or implied, that the Company or any Related Company will employ or contract with an Optionee, for any length of time, nor shall it interfere in any way with the Company’s or, where applicable, a Related Company’s right to terminate Optionee’s employment at any time, which right is hereby reserved.

  • EMPLOYMENT RELATIONSHIPS The ORGANIZATION, its employees, volunteers or agents performing under this Agreement are not deemed to be employees of the COUNTY, nor volunteers or agents of the COUNTY in any manner whatsoever. No officer, employee, volunteer or agent of the ORGANIZATION will hold themselves out as, or claim to be, an officer, employee, volunteer or agent of the COUNTY by reason hereof, nor will they make any claim, demand or application to or for any right or privilege applicable to an officer, employee volunteer or agent of the COUNTY. The parties agree that the COUNTY will not be responsible for the payment of any industrial insurance premiums or related claims or other benefits that may arise during the performance of services under this Agreement for any ORGANIZATION employee or volunteer, or for any consultant’s, contractor’s or subcontractor’s employee(s) or agent(s) that has been retained by the ORGANIZATION.

  • Business Relations Neither the Company nor Seller knows or has good reason to believe that any customer or supplier of the Company will cease to do business with the Company after the consummation of the transactions contemplated hereby in the same manner and at the same levels as previously conducted with the Company except for any reductions which do not result in a Material Adverse Change. Neither Seller nor the Company has received any notice of any material disruption (including delayed deliveries or allocations by suppliers) other than the Konica Slowdown, in the availability of any material portion of the materials used by the Company nor is the Company or Seller aware of any facts which could lead them to believe that the Business will be subject to any such material disruption.

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