Examples of Action Period in a sentence
If the expert determines that the Licensee has failed to comply with its obligations under Clause 5.1 or 5.3, and if the Licensee fails to take the Specific Action within the Action Period, UCLB shall be entitled, by giving, at any time within [***] ([***]) months after the end of that Action Period, not less than [***] ([***]) months’ notice, to (a) convert the licence granted under Clause 2.1 into a non-exclusive licence or (b) terminate this Agreement.
If GSK fails to bring an action or proceeding with respect to such Competitive Infringement within a period of * * * * * after the expiration of the Competitive Infringement Action Period, then PROSENSA shall have the on-going right to pursue such action.
If the expert determines that the Licensee has failed to comply with its obligations under Clause 5.1 or 5.3, and if the Licensee fails to take the Specific Action within the Action Period, UCLB shall be entitled, by giving, at any time within [***] ([***]) months after the end of that Action Period, not less than [***] ([***]) months’ notice, to (a) convert the licence granted under Clause 2.1.1 into a non-exclusive licence or (b) terminate this Agreement.
If the expert determines that the Licensee has failed to comply with its obligations under Clause 6.1 or 6.3, and if the Licensee fails to take the Specific Action within the Action Period, UCLB shall be entitled, by giving, at any time within [***] ([***]) months after the end of that Action Period, not less than [***] ([***]) months’ notice, to (a) convert the licence granted under Clause 2.1.1 into a non-exclusive licence or (b) terminate this Agreement.
If GSK fails to bring an action or proceeding with respect to such Competitive Infringement within a period of [***] after the expiration of the Competitive Infringement Action Period, then TELETHON-HSR shall have the on-going right to pursue such action.
After an occurrence of an event of default under the Pioneer Pledge Agreement (as hereinafter defined) and during the Joint Action Period (as defined in the Standstill Agreement referred to in Item 6), PLI has agreed not to dispose or direct the disposition of the 3,899,792 Pledged Shares thereunder without the unanimous consent of RCS and Studio Canal.
The AE/Constructor will pay Schedule Liquidated Damages for any Outage Days taken in excess of the permitted [*****] Outage Days as provided in Exhibit 6.5. EXECUTION COPY EXHIBIT 7.2 Contractor shall use best efforts to obtain, in the contract between the OEM and Contractor, provisions for a Corrective Action Period and Outage Days similar to those provisions above.
Xxxxxxx Xxxxx shall notify CompuCredit Corporation of Xxxxxxx Xxxxx’x election to exercise its optional conversion right pursuant to this Article 6 by delivering written notice to CompuCredit Corporation as soon as practicable, but in no event later than the end of the Anniversary Period or any applicable Dimunition Action Period or Material Action Period.
EXHIBIT 6.5 In addition, with respect to an AQC Unit, for each Outage Day beyond [******] days the Contractor uses during the Corrective Action Period, the Contractor shall pay FirstEnergy as liquidated damages, but only for that portion of such Outage Days caused by the Contractor, {$******] for each megawatt of NDC on the affected Generating unit for each Outage Day (e.g. for the 300 XX Xxxxxx Unit 5, the rate would be {$******] Outage Day of delay).
The number of additional Outage Days will be equal to the lessor of (i) the number of Outage Days requested by Contractor and denied by FirstEnergy during the original Corrective Action Period, or (ii) the difference between [******] days and the number of Outage Days actually used by Contractor during the initial Corrective Action Period.