Termination of the Original Agreement. The Parties agree that the Original Agreement will be replaced by this Agreement in its entirety and all arrangements regarding operation and management of Party B’s business shall be governed by this Agreement. The Original Agreement shall be terminated as of the date of this Agreement.
Termination of the Original Agreement. Notwithstanding anything to the contrary in the Original Agreement, the Parties hereby agree that the Original Agreement shall terminate and be of no further force and effect as of 11:59 pm Eastern on December 31, 2015, except with respect to the obligation to make any payments remaining to be made as of such date.
Termination of the Original Agreement. The Parties agree that the Original Agreement is replaced by this Agreement in its entirety, and Party B’s grant of an exclusive option to purchase all or any part of the equity interests/assets of Party C held by one or all constituent persons of Party B subject to PRC laws shall be governed by this Agreement. The Original Agreement shall be terminated upon signature of this Agreement by the Parties.
Termination of the Original Agreement. The Original Agreement is hereby terminated as of the Effective Date. Notwithstanding anything to the contrary set forth in the Original Agreement, from and after the Effective Date the Group Members shall have no further rights or obligations under the Original Agreement.
Termination of the Original Agreement. The Original Agreement is terminated and superseded by this Agreement when this Agreement becomes effective.
Termination of the Original Agreement. Except as otherwise provided in Section 2.1 above, SoloPak and I-Flow acknowledge and agree that (i) the Original Agreement shall be terminated, discharged and released in all respects and (ii) neither SoloPak nor I-Flow shall have any continuing liability or obligation under or in respect of the Original Agreement, and (iii) each party fully releases the other from any and all claims, liabilities and the like arising out of, or attributable to, the Original Agreement.
Termination of the Original Agreement. The parties agree that the Original Agreement is terminated in its entirety as of the Effective Date. This Agreement supersedes all terms and conditions of the Original Agreement.
Termination of the Original Agreement. The Original Agreement is hereby terminated by mutual agreement of the Parties and all of its provisions are hereby superseded in their entirety and replaced by the provisions of this Agreement, including its Exhibits, provided, however, that ACT and Pharming acknowledge, understand and agree that the Original Agreement shall remain in force as between Pharming and Infigen with respect to all rights, licenses (including the non-exclusive license rights of Pharming under the Original Agreement not covered by Exhibit B and its provisions in relation to these non-exclusive license rights) and obligations relating to any Infigen intellectual property, including without limitation, any patents and patent applications other than the Infigen Patents (licensed hereunder) included in the Original Agreement. Nothing in this Agreement is intended to terminate or adversely affect any rights obtained by Pharming from Infigen under the Original Agreement except to the extent the Original Agreement is terminated by this Agreement.
Termination of the Original Agreement. Subject to Section 2.2, as of the Effective Date, (a) the Original Agreement is hereby terminated immediately and in its entirety (including, unless otherwise specified in Section 2.2, those provisions stated in the Original Agreement to survive termination), (b) the Original Agreement shall have no further force or effect, and (c) all rights and obligations of Cell Therapeutics and Novartis under the Original Agreement shall cease and terminate immediately. For the avoidance of doubt, the Original Agreement is not being terminated pursuant to Section 13 thereof and, therefore, the provisions of Section 13 and 14 of the Original Agreement are not applicable to the termination of the Original Agreement pursuant to this Agreement.
Termination of the Original Agreement. Upon execution of this agreement by both parties, the Financial Leasing Agreement shall be terminated. The ownership of Zhonggang waste heat power generation project and assets shall be transferred to Party A.
