Termination of the Consortium Agreement Sample Clauses

Termination of the Consortium Agreement. This Consortium Agreement shall terminate automatically upon rejection of the Project Application by the Stichting LSH-TKI. Furthermore, in the event that the PPP Allowance Agreement is terminated, the Consortium Agreement may be terminated by the Participants upon mutual written agreement and the prior written approval of Stichting LSH-TKI.
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Termination of the Consortium Agreement. The Consortium Agreement is hereby unconditionally and irrevocably terminated in its entirety (including, for the avoidance of doubt, Section 5 thereof) and is of no further force or effect. As of the date hereof, no Party has any further rights or obligations under the Consortium Agreement. Each Party agrees that it has no claim arising under or relating to the Consortium Agreement (whether in contract, tort or otherwise) against any other Party.
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Termination of the Consortium Agreement. The Consortium Agreement shall be terminated with immediate effect; provided that, notwithstanding the foregoing, (a) Section 3.01(b) (Transaction Costs), Article IV (Limitation of Liability), Section 7.02 (Confidentiality), Section 7.03 (Permitted Disclosures), Article VIII (Notices), Article X (Miscellaneous) (other than Section 10.02 (Further Assurances)), and Article XI (Definitions and Interpretation) of the Consortium Agreement shall continue to have effect and be binding on each Party in accordance with their respective terms following such termination, and (b) nothing herein shall relieve any Party from liability for any breach of the Consortium Agreement or other acts or omissions occurring on or prior to the date hereof, and each Party reserves all of its respective rights.
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Termination of the Consortium Agreement. 10.1) This Consortium Agreement shall be valid as long as the project is running and shall not be cancelled until final reports are approved by the Management Committee and the funding agencies.
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Termination of the Consortium Agreement. This Consortium Agreement shall thereafter remain into force until one of the following occurs: ○ until the fulfilment or termination of the GA awarded by the Commission and resulting from the Proposal and complete discharge of all obligations of the Beneficiaries under the GA and/or under this Consortium Agreement as well as any amendment or extension thereof ; or ○ until this Consortium Agreement is terminated under any of the conditions described below. This Consortium Agreement shall automatically terminate without any further demand and without liability of any Beneficiary to the others upon the first to occur of the following events:
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Termination of the Consortium Agreement. This Consortium Agreement shall terminate automatically upon rejection of the Project Application by (one of) the National Funding Bodies. Furthermore, in the event that (one of) the National Funding Agreements terminated, the Consortium Agreement may be terminated by the Participants upon mutual written agreement and the prior written approval of the National Funding Bodies.
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Termination of the Consortium Agreement. Each of the Founder and Sponsor hereby agrees that the Consortium Agreement shall be terminated with immediate effect and with no further force and effect for all respective parties thereunder upon the execution of this Agreement.
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Termination of the Consortium Agreement. In the event that the Grant Decision is terminated, the Consortium Agreement may be terminated by the Participants upon mutual written agreement and the prior written approval of KWF.
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Related to Termination of the Consortium Agreement

  • Term of Agreement Termination of Agreement Amendment of Agreement a. This Agreement is effective with respect to each Fund as of the date of execution of the applicable exhibit and shall continue in effect with respect to each Fund presently set forth on an exhibit and any subsequent Funds added pursuant to an exhibit during the initial term of this Agreement for one year from the date set forth above, and thereafter for successive periods of one year if such continuance is approved at least annually by the Trustees of the Trust including a majority of the members of the Board of Trustees of the Trust who are not interested persons of the Trust and have no direct or indirect financial interest in the operation of any Distribution Plan relating to the Trust or in any related documents to such Plan ("Disinterested Trustees") in the manner required by the Rules and Regulations. If a Fund is added after the first annual approval by the Trustees as described above, this Agreement will be effective as to that Fund upon execution of the applicable exhibit and will continue in effect until the next annual approval of this Agreement by the Trustees and thereafter for successive periods of one year, subject to approval as described above.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • Termination of the Agreement In the event of failure by the participant to perform any of the obligations arising from the agreement, and regardless of the consequences provided for under the applicable law, the institution is legally entitled to terminate or cancel the agreement without any further legal formality where no action is taken by the participant within one month of receiving notification by registered letter. If the participant terminates the agreement before its agreement ends or if he/she fails to follow the agreement in accordance with the rules, he/she shall have to refund the amount of the grant already paid, except if agreed differently with the sending organisation. In case of termination by the participant due to "force majeure", i.e. an unforeseeable exceptional situation or event beyond the participant's control and not attributable to error or negligence on his/her part, the participant shall be entitled to receive at least the amount of the grant corresponding to the actual duration of the mobility period. Any remaining funds shall have to be refunded, except if agreed differently with the sending organisation.

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