Withdraw Mechanism Sample Clauses

Withdraw Mechanism. 11.1 If Party B in the process of applying for mobile value-added services fails the testing within three months period (commencing from Party A's notification to Party B of such testing), the cooperation agreement between Party A and Party B concerning mobile value-added services shall be automatically terminated. 11.2 The parties hereto agree to implement the withdraw mechanism under certain circumstances, and to determine the termination of one or more service cooperation based upon the examination of Party B's information fee revenue, subscriber's complaint and service testing. Party A and Party B may apply specific withdraw mechanism according to different types of services, and stipulate the same in relevant Exhibits. 11.3 Party A shall reserve the right as whether to apply withdraw mechanism to terminate the cooperation with Party B in one or more services. According to actual conditions, Party A may, within one month prior to the expiration of this Agreement or within one month after Party B has satisfied the conditions for applying the withdraw mechanism, decide whether to conduct a second testing on Party B's services and determine whether to apply withdraw mechanism. 11.4 If Party B is in a special industry, Party A shall have the right to determine whether to apply withdraw mechanism provided under this Agreement and relevant Exhibits. 11.5 The termination of one or more services under cooperation according to this Chapter 11 or relevant Exhibits shall not impact on other services currently engaged by Party B, nor such services that Party B has applied for but pending activation. 11.6 If Party B is in material breach of this Agreement or material violation of the service standards concerning service quality and customer service that have been stipulated by Party A, Party A shall, in addition to applying the withdraw mechanism for terminating the cooperation with Party B in the respective service, reserve the right to terminate other service cooperation for which Party B is not in breach.
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Withdraw Mechanism. A. If any service of Party B ranks in the last 10% in three consecutive rankings of such service, Party A shall have the right to terminate the service. B. In the promotion of services, Party B adopts unjustified method to interfere the normal operation of other CP, and brings negative impact upon Party A' normal cooperation with CP. C. There is high percentage of complaint from subscribers, causing negative market impact.
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Related to Withdraw Mechanism

  • Purchase Mechanism If the Focus Investor exercises its rights provided in this Section 4.5, the closing of the purchase of the New Securities with respect to which such right has been exercised shall take place within 30 calendar days after the giving of notice of such exercise, which period of time shall be extended for a maximum of 180 days in order to comply with applicable laws and regulations (including receipt of any applicable regulatory or corporate approvals). The Company and the Focus Investor agree to use commercially reasonable efforts to secure any regulatory or corporate approvals or other consents, and to comply with any law or regulation necessary in connection with the offer, sale and purchase of, such New Securities.

  • Adjustment Mechanism If an adjustment of the Exercise Price is required pursuant to this Section 6 (other than pursuant to Section 6.4), the Holder shall be entitled to purchase such number of shares of Common Stock as will cause (i) (x) the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant following such adjustment, multiplied by (y) the adjusted Exercise Price per share, to equal the result of (ii) (x) the dollar amount of the total number of shares of Common Stock Holder is entitled to purchase before adjustment, multiplied by (y) the total Exercise Price before adjustment.

  • Validation Mechanism To be eligible for articulation, the student must show evidence of their CompTIA A+ certification and it must have been issued within three (3) years prior to their enrollment in the program.

  • Consultative Mechanism The parties agree that a precondition for the effective operation of the Agreement is the establishment of consultative mechanisms with the Company. To this end, a Consultative Committee, comprising of Company appointed representatives and employee elected representatives should be established and maintained. Officers of the Union shall have a standing invitation to attend any such meeting. The purpose of the Consultative Committee shall be to consult, develop, recommend and assist to implement strategies and measures designed to achieve the objectives outlined under Clause 4 of this Agreement.

  • Cashless Settlement Mechanism Notwithstanding anything to the contrary in this Agreement, any Lender may exchange, continue or rollover all or the portion of its Loans in connection with any refinancing, extension, loan modification or similar transaction permitted by the terms of this Agreement, pursuant to a cashless settlement mechanism approved by the Borrower, the Administrative Agent and such Lender.