TERMINATION OF THE PREVIOUS AGREEMENT Sample Clauses

TERMINATION OF THE PREVIOUS AGREEMENT. The parties hereby agree to terminate the Previous Agreement as of the Effective Date of this Agreement. Notwithstanding anything to the contrary contained herein, the parties agree and acknowledge that certain rights and obligations under the Previous Agreement, which by their terms, extend beyond such termination, shall survive such termination, including, without limitation, (a) payment by DIRECTV of Prepaid Programming Commissions for Approved Activations in connection with DIRECTV System units purchased by Sales Agent prior to the Effective Date of this Agreement; (b) right by DIRECTV to chargeback Sales Agent for any Prepaid Programming Commissions paid under the terms of the Previous Agreement; (c) payment by DIRECTV of Continuing Service Fees for Qualifying Subscribers procured by Sales Agent under the terms of the Previous Agreement; (d) payment by DIRECTV of the Subsidy (as defined in the Previous Agreement) in accordance with the terms of the Previous Agreement and (e) the obligations under Section E(3) of the Previous Agreement, provided that the obligations thereunder to repay the difference between the Aggregate Minimum Gross Revenues and the actual gross revenues, if any, shall not accrue until (i) April 4, 2003 or (ii) the termination of this Agreement by DIRECTV for a material breach by Sales Agent, whichever is earlier.
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TERMINATION OF THE PREVIOUS AGREEMENT. The parties hereby agree to terminate the Previous Agreement, effective as of the Start Date (as defined below).
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TERMINATION OF THE PREVIOUS AGREEMENT. Entering into force of this Agreement terminate the validity of provisions of the Agreement between the Government of the Socialist Federal Republic of Yugoslavia and the Government of the Arab Republic of Egypt on protection of investments, signed on 3rd of June 1977.
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Related to TERMINATION OF THE PREVIOUS AGREEMENT

  • Termination of the Plan The Board may suspend or terminate the Plan at any time. No Incentive Stock Options may be granted after the tenth anniversary of the earlier of: (i) the Adoption Date, or (ii) the date the Plan is approved by the Company’s stockholders. No Awards may be granted under the Plan while the Plan is suspended or after it is terminated.

  • Termination of Management Agreement Evidence of the termination of any and all management agreements affecting the Property, effective as of the Closing Date, and duly executed by Seller and the property manager.

  • 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.

  • 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 Master Lease If the Sublessor terminates their tenancy in the Premises under the Master Lease, the Sublessee agrees that if the Master Lease is terminated for any reason, this Agreement will terminate as of the same date.

  • Termination of Original Agreement Each Party agrees that the Original Agreement is hereby terminated as of the Effective Date and shall be of no further force or effect and, for the avoidance of doubt, no provisions of the Original Agreement survive such termination.

  • Termination of the Lease In terminating the Lease, the following procedures shall be followed by the Authority and Tenant:

  • Termination of the Contract 11.1. The Coordinator may terminate the contract if the Co-beneficiary has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Co-beneficiary by registered letter has remained without effect for one month.

  • Termination of Existing Agreement The Existing Agreement is hereby terminated and replaced and superseded by this Agreement, effective August 1, 2001. All payments, of Base Salary or otherwise, made by the Company under the Existing Agreement with respect to any period commencing on or after August 1, 2001 shall be credited against the corresponding payment obligations of the Company under this Agreement.

  • Termination of Consulting Agreement As of the Effective Date, the Consulting Agreement is hereby terminated and is of no further force or effect.

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