Termination of the Supply Agreement. For clarity, this Agreement shall terminate if the Supply Agreement is terminated.
Termination of the Supply Agreement. If the Supply Agreement is terminated in accordance with its terms, by Company, Company shall have the right to terminate this Agreement with five days’ prior written notice to CyDex. If the Supply Agreement is terminated in accordance with its terms by CyDex, CyDex shall have the right to terminate this Agreement if it does so within 30 days following the termination of the Supply Agreement.
Termination of the Supply Agreement. For clarity, this Agreement shall terminate if the Supply Agreement is terminated by Spectrum without cause, or terminated by CyDex because of any material breach by Spectrum.
Termination of the Supply Agreement. For clarity, this Agreement shall terminate if the Supply Agreement is terminated by MDCO without cause, or terminated by CyDex because of any material breach by MDCO.
Termination of the Supply Agreement. If the Supply Agreement is terminated in accordance with its terms (except a termination of the Supply Agreement by CyDex for convenience or by Seelos for CyDex’s material breach or bankruptcy), Licensor shall have the right to terminate the Section 2.1 licenses as to CEA Licensed Products with five days’ prior written notice to Seelos.
Termination of the Supply Agreement. Should the Supply Agreement between Upsys and the Company terminate for any reason, this Distribution Agreement shall automatically terminate.
Termination of the Supply Agreement. Notwithstanding Section 2 of the Supply Agreement, the Supply Agreement is hereby terminated effective as of the Termination Date. From and after the Termination Date, the Supply 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 16, 17 and 18 shall survive according to their respective terms.
Termination of the Supply Agreement. Both Parties shall at any time be entitled to terminate the Supply Agreement if the other Party is in material breach of its obligations under the Supply Agreement. Prior to termination, a reasonable deadline of not less than [*] calendar days shall be notified in writing to the Party in breach for rectifying the breach of contract. If the Party in breach has not rectified the matters constituting a material breach of its obligations under the Supply Agreement within the notified deadline, the other Party may terminate the Supply Agreement by serving a written notice of termination setting out the reasons for the termination. A Party shall likewise be entitled to terminate the Supply Agreement in writing if the other Party goes bankrupt or becomes demonstrably insolvent or acknowledges insolvency. In the event of termination according to this Article, Supplier shall be entitled to payment for the part of Work performed in accordance with the Supply Agreement. Purchaser shall be entitled to use Products and drawings and technical information that have been taken over and paid for in accordance with the terms set out in the Supply Agreement. The Party that terminates the Supply Agreement according to this Article for breach by the other Party shall be entitled to claim compensation for direct losses it incurs as a result of the breach of contract. Direct losses shall include loss of profit on the contract value of this Supply Agreement but shall not include loss of production or loss of profit on any other contract or any other indirect loss. If liquidated damages have occurred, accumulated penalty charge shall be deducted from the compensation. Termination of the Supply Agreement as a whole for material breach of obligations is solely governed by this Article. Termination of a single Purchase Order for breach of contract is governed by [*].
Termination of the Supply Agreement. Cargotec may terminate the Supply Agreement with immediate effect if:
a) the Supplier’s performance of the Supply Agreement is impeded for more than one (1) month by reason of “force majeure”; or
b) the Supplier has committed a material breach of the Supply Agreement. In addition to the above, a Party is entitled to terminate the Supply Agreement with immediate effect if;
c) the other Party enters into composition negotiation, is declared bankrupt, goes into liquidation or for any other reason can be assumed to have become insolvent or not able to fulfil his obligations stipulated in the Supply Agreement; or
d) the other Party is acquired by a competitor to the first Party. Termination according to this provision shall be done without unreasonable delay after such circumstance becomes known to the Party or should have become known to the Party. Termination shall be made in writing. The Supplier undertakes to inform Cargotec of any change in its ownership and will irrespective of grounds for termination continue deliveries to Cargotec to the extent necessary, however minimum six (6) months from date of termination, at prices and other conditions valid before that date.
Termination of the Supply Agreement. If either Supply Agreement is validly terminated, the Terminating Party (as defined in such Supply Agreement) thereunder may terminate this Agreement simultaneously with such termination of such Supply Agreement.
