Termination of the License Agreement. Owner reserves and shall have the absolute right in its sole and unfettered discretion, at any time and without the consent or approval of (but with notice to) Manager, to terminate the License Agreement, provided, however, that (i) Owner shall have no such right in order to establish its own independent operations, such as an operation without a franchise or license or in its own hotel name; (ii) in the event of such a termination by Owner, Manager shall have the right of approval (which right shall be reasonably exercised) of any new franchise or license for the Hotel; and (iii) if Owner's decision to terminate the License Agreement is made without the consent of Manager, then the provisions of Section 18.2 of this Agreement shall no longer apply.
Termination of the License Agreement. This Agreement shall automatically terminate without requirement of notice by any party hereto, and without being necessary to obtain a court or governmental resolution, upon termination of the License Agreement in respect of the Trademarks between the Proprietor and the Licensor.
Termination of the License Agreement. In the event the License Agreement is earlier terminated prior to the expiration of the License Term, for any reason other than by Cypress pursuant to Section 14.2(a)(i) or (ii) thereof, then this Agreement shall be terminated without any further act or notice and Cypress shall no longer have any right to use the Trademarks in the Licensed Territory. In the event that the License Agreement is terminated by Xxxxxx Xxxxx pursuant to Section 14.2(a)(i) of the License Agreement and this Agreement is terminated pursuant to Section 1.12(b)(i), then any sublicenses granted under Section 1.3 shall survive the termination of the Term and become direct licenses from Xxxxxx Xxxxx under this Agreement.
Termination of the License Agreement. Either Party may terminate this Agreement upon delivery of written notice if the other Party rightfully terminates the License Agreement or is in breach of the License Agreement and fails to remedy such breach according to the terms of the License Agreement.
Termination of the License Agreement. (a) The License Agreement is hereby terminated, effective as of the Termination Date (the “License Agreement Termination”). Without limiting the generality of the foregoing, the Parties hereby acknowledge and agree that any Monthly License Fee and Monthly Service Fee that would otherwise be due on January 31, 2023 pursuant to the License Agreement are hereby waived.
(b) The Parties hereby acknowledge and agree that the License Agreement is terminated pursuant to Section 12.2(g) of the License Agreement.
Termination of the License Agreement. Promptly, and in any event within 10 Business Days, following a Responsible Seller Party becoming aware of the occurrence of any event that gives rise to a right on the part of Seller to terminate the License Agreement in a country in the Territory during the Purchased Receivable Period, Seller will provide notice of such occurrence to Purchaser (to the extent such notice would not constitute a Confidentiality Breach) and consult with Purchaser in determining whether or not to exercise Seller’s right to terminate the License Agreement pursuant to the applicable section of the License Agreement. In any event, during the Purchased Receivable Period, Seller will not exercise its right to terminate the License Agreement with respect to any country in the Territory, except with the prior written consent of Purchaser.
Termination of the License Agreement. 2.1.1 The Parties hereby agree that as of July 31, 2022 (the “Termination Effective Date”), the License Agreement shall stand terminated and thereafter it shall have no future force or effect.
2.1.2 It is agreed that the provisions in the License Agreement regarding the termination notice are specifically waived by the Parties for the purposes of this Agreement.
2.1.3 For clarity, upon the termination of the License Agreement, the MSA, the Quality Agreement and the Tech Transfer Agreement automatically terminate as agreed in the respective Atara-Bayer Agreement.
Termination of the License Agreement. Notwithstanding Section 4 of the License Agreement, the License Agreement is hereby terminated effective as of December 18, 2018 (the "Termination Date"). From and after the Termination Date, the License Agreement will be of no further force or effect, and the rights and obligations of each of the parties thereunder shall terminate; provided, that Sections 5 and 10 shall survive according to their respective terms.
Termination of the License Agreement. If you are in breach of any of the terms of this license agreement the agreement is considered to be cancelled. In that case, You are not allowed to continue to use or to distribute the Software, or parts of the Software.
Termination of the License Agreement. § 6.1 If the licensee or any third party acting on behalf of Licensee are in breach of any of the terms of this license agreement, CESYS may cancel this contract upon 10 days notice to Licensee. After the cancellation of the agreement, Licensee and third parties acting on behalf of Licensee are not permitted to continue to use the Software, either in whole or in part.
§ 6.2 In case of any termination of the agreement, Licensee is obliged to return to CESYS the Software within 10 days of notification of such termination as well as all working and backup copies or to destroy them.
