Withdrawal of a Participant Sample Clauses

Withdrawal of a Participant. Procedure of withdrawal Any Participant may request to terminate its participation in the Collaborative Research Project and this Consortium Agreement, by giving three (3) months prior written notice of termination to the other Participants, by registered mail with acknowledged by receipt, indicating the reasons for termination. Consequences of withdrawal On confidentiality obligation The withdrawing Participant agrees to treat as confidential all confidential information, as defined in Section 5, for a period of five (5) years from the end date of the project, and agrees not to apply for any Patent or other proprietary right over any information, (except for its own information, it may have had as a Result of or in connection with its participation in the Project. On Access Rights Any Participant withdrawing from the Collaborative Research Project: loses Access Rights to Result produced and Background identified after its withdrawal; keeps Access Rights to Background and to the Result of the other Participants (in the state existing on the date of withdrawal), provided that (i) it is needed, for the use of the Result of which it is the owner or co-owner and (ii) such Access Rights are requested at least within six (6) months of its withdrawal; keeps its entitlement to royalties generated by the use of the other co-owners or Third Parties of the Result produced in the scope of the Project of which it is the owner or co-owner. Royalties will be calculated proportionally to its co-ownership share; The other Participants keep, for the purposes of the research carried out in the scope of the Project, Access Rights pursuant to the terms set forth in Section 9 to the Background (in the state existing on the date of withdrawal) of the withdrawing Participant and to the Result produced by it in the scope of the Project. On equipment or material provided by other Participants A withdrawing Participant shall cease to use and promptly return all equipment and/or materials provided by the other Participants, or destroy them upon their written request, at its own costs. On access to research infrastructures Consequences on access to research infrastructures or equipment acquired with project co-financing are defined in the loan for use agreements and the co-ownership rules, if any. On information to provide The Participant agrees to provide information in connection with the period during which it participated in the Project and any other element required to prepare th...
Sample 1
AutoNDA by SimpleDocs
Withdrawal of a Participant. A Participant may withdraw from this Agreement at any time, effective upon sixty days’ notice to RWA and the other Participants.
Sample 1
Withdrawal of a Participant. WORKING COPY A Participant may withdraw from the Pool upon writte n notice to the Pool Managers. This shall have the effect of withdrawing all the Pool Vessels for which it is the responsible Participant, with the date of withdrawal (to be determined for each Vessel individually) to be as follows: (i) six (6) months after delivery of the notice; (ii) on expiry of the Vessel’s current commitments , whichever is later. Upon withdrawal of a Participant, the Pool Managers shall value the existing Transportation Contracts which exceed more than the voyages then in progress and the withdrawing Participant shall make a payment to the Pool Managers in an amount equal to the am ount by which the Transportation Contracts are less than the market rate pro -rated on the basis of the number of Pool Vessels in total and the number of the withdrawing Participant’s Pool Vessels. If the Transportation Contracts are at a rate exceeding the market rate, no payment shall be made to the withdrawing Participant. If the parties fail to agree on such valuation the matter shall be determined by the average of the assessments of two chartering brokers, one appointed by the Pool Managers and the oth er by the withdrawing Participant. If either party fails to appoint a broker within fourteen (14) days of the request of the other party to do so, the appointed broker’s determination shall be binding upon the parties. The foregoing payment mechanism shall , without prejudice to the Pool Managers’ rights under Sub-clause (c) below, also apply to the withdrawal of a Pool Vessel or Pool Vessels in accordance with this Clause 18.
Sample 1
Withdrawal of a Participant. A Participant (a "Withdrawing Participant") may withdraw from the Pool upon written notice to the Pool Manager with a copy to the other Participants. This shall have the effect to withdraw all the Pool Vessels for which it is the Responsible Participant, the date of withdrawal (to be determined for each Pool Vessel individually) to be as follows: (i) 30 days after delivery of the withdrawal notice; or (ii) on expiry of the relevant Pool Vessels' then current commitments; whichever is the latest.
Sample 1
Withdrawal of a Participant. A Participant may withdraw from the Platform by submitting a written request to the Provider. All requests for withdrawal of Participant status will be reviewed by Provider’s staff. Unless otherwise provided by written agreement, a Participant’s request to withdraw from the Platform shall be effective thirty (30) days after the Provider’s receipt of a Participant’s request to withdraw and shall be conditioned upon payment of all fees due and owing to the Provider by such Participant. Notwithstanding anything contained in the preceding paragraph, any Participant which either has (i) withdrawn from the Platform or (ii) had its trading privileges terminated or revoked by the Provider, shall remain liable to the Provider with respect to all matters arising from, in connection with or related to the status, acts or omissions of such Participant that occurred prior to such Participant’s withdrawal, or prior to the termination or revocation of such Participant’s trading privileges. For the avoidance of doubt, the Participant shall remain liable for all activity on the Platform up to and including the actual termination date of trading privileges.
Sample 1
Withdrawal of a Participant 
Sample 1Sample 2

Related to Withdrawal of a Participant

  • Withdrawal of a Member For purposes of this Agreement, a “Withdrawn Member” is a member who is bankrupt, has resigned, or has retired (a “Withdrawal Event”). Upon a Withdrawal Event, the Withdrawn Member or any successor in interest to the Withdrawn Member shall become an Assignee of the Withdrawn Member’s Membership Interest in the Company.

  • Withdrawal of Services 50.1 Notwithstanding anything contained in this Agreement, except as otherwise required by Applicable Law, Verizon may terminate its offering and/or provision of any Service under this Agreement upon thirty (30) days prior written notice to CBB. 50.2 Notwithstanding anything contained in this Agreement, except as otherwise required by Applicable Law, Verizon may with thirty (30) days prior written notice to CBB terminate any provision of this Agreement that provides for the payment by Verizon to CBB of compensation related to traffic, including, but not limited to, Reciprocal Compensation and other types of compensation for termination of traffic delivered by Verizon to CBB. Following such termination, except as otherwise agreed in writing by the Parties, Verizon shall be obligated to provide compensation to CBB related to traffic only to the extent required by Applicable Law. If Verizon exercises its right of termination under this Section, the Parties shall negotiate in good faith appropriate substitute provisions for compensation related to traffic; provided, however, that except as otherwise voluntarily agreed by Verizon in writing in its sole discretion, Verizon shall be obligated to provide compensation to CBB related to traffic only to the extent required by Applicable Law. If within thirty (30) days after Verizon’s notice of termination the Parties are unable to agree in writing upon mutually acceptable substitute provisions for compensation related to traffic, either Party may submit their disagreement to dispute resolution in accordance with Section 14 of this Agreement.

  • Withdrawal of Members A member may withdraw from this LLC by giving written notice to all other members at least days before the date the withdrawal is to be effective.

  • Withdrawal of Bid Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

  • Withdrawal of Grievance A grievance may be withdrawn at any level without establishing a precedent.

  • Withdrawal of Partners (a) Any Partner may Withdraw voluntarily from the Partnership subject to the prior written consent of the General Partner, including if such Withdrawal would (i) cause the Partnership to be in default under any of its contractual obligations or (ii) in the reasonable judgment of the General Partner, have a material adverse effect on the Partnership or its business. Without limiting the foregoing sentence, the General Partner generally intends to permit voluntary Withdrawals on the last day of any calendar month (or on such other date as shall be determined by the General Partner in its sole discretion), on not less than 15 days’ prior written notice by such Partner to the General Partner (or on such shorter notice period as may be mutually agreed upon between such Partner and the General Partner); provided, that a Partner may Withdraw from the Partnership with respect to such Partner’s GP-Related Partner Interest without Withdrawing from the Partnership with respect to such Partner’s Capital Commitment Partner Interest, and a Partner may Withdraw from the Partnership with respect to such Partner’s Capital Commitment Partner Interest without Withdrawing from the Partnership with respect to such Partner’s GP-Related Partner Interest. (b) Upon the Withdrawal of any Partner, including by the occurrence of any withdrawal event under the Partnership Act with respect to any Partner, such Partner shall thereupon cease to be a Partner, except as expressly provided herein. (c) Upon the Total Disability of a Limited Partner, such Partner shall thereupon cease to be a Limited Partner with respect to such person’s GP-Related Partner Interest; provided, that the General Partner may elect to admit such Withdrawn Partner to the Partnership as a Nonvoting Special Partner with respect to such person’s GP-Related Partner Interest, with such GP-Related Partner Interest as the General Partner may determine. The determination of whether any Partner has suffered a Total Disability shall be made by the General Partner in its sole discretion after consultation with a qualified medical doctor. In the absence of agreement between the General Partner and such Partner, each party shall nominate a qualified medical doctor and the two doctors shall select a third doctor, who shall make the determination as to Total Disability. (d) If the General Partner determines that it shall be in the best interests of the Partnership for any Partner (including any Partner who has given notice of voluntary Withdrawal pursuant to paragraph (a) above) to Withdraw from the Partnership (whether or not Cause exists) with respect to such person’s GP-Related Partner Interest and/or with respect to such person’s Capital Commitment Partner Interest, such Partner, upon written notice by the General Partner to such Partner, shall be required to Withdraw with respect to such person’s GP-Related Partner Interest and/or with respect to such person’s Capital Commitment Partner Interest, as of a date specified in such notice, which date shall be on or after the date of such notice. If the General Partner requires any Partner to Withdraw for Cause with respect to such person’s GP-Related Partner Interest and/or with respect to such person’s Capital Commitment Partner Interest, such notice shall state that it has been given for Cause and shall describe the particulars thereof in reasonable detail. (e) The Withdrawal from the Partnership of any Partner shall not, in and of itself, affect the obligations of the other Partners to continue the Partnership during the remainder of its term. A Withdrawn General Partner shall remain liable for all obligations of the Partnership incurred while it was a General Partner and resulting from its acts or omissions as a General Partner to the fullest extent provided by law.

  • Withdrawal of Bids Bids may be withdrawn by bidders prior to the time set for official opening. After time has been called, no bid may be withdrawn for a period of thirty-five days after the time and date of opening except as provided in O.C.G.A Section 13-10-22 (appreciable error in calculation of bid). Negligence or error on the part of any bidder in preparing his bid confers no right of withdrawal or modification of his bid after time has been called except as provided by Georgia law.

  • Withdrawal Right Notwithstanding anything to the contrary contained in (and without limiting any similar provisions of) the Transaction Documents, whenever any Buyer exercises a right, election, demand or option under a Transaction Document and the Company or any Subsidiary does not timely perform its related obligations within the periods therein provided, then such Buyer may rescind or withdraw, in its sole discretion from time to time upon written notice to the Company or such Subsidiary (as the case may be), any relevant notice, demand or election in whole or in part without prejudice to its future actions and rights.

  • Withdrawal of Resignation An Employee who has terminated their employment through resignation, may withdraw their resignation within three (3) days of the time it was submitted to the Employer.

  • Withdrawal of Deposits If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Date, the Trustee shall promptly give the Escrow Agent notice that the Trustee’s obligation to purchase Equipment Notes under the NPA has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the “Final Withdrawal Notice”).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!