Examples of Effective Date of the Termination in a sentence
For purposes of this Section 5.2, the "Effective Date of the Termination" shall mean the date on which a notice of termination is given or any later date (within thirty (30) days after the giving of such notice) agreed to by the Company, set forth in such notice of termination.
In the event that this Agreement is terminated before the conclusion of the relevant Service Period, TSVAH will calculate the Guaranty Amount due, if any, on a pro-rata basis taking into account the number of Scheduled Flights operated by XXXXX from the Effective Date up to and including the Effective Date of the Termination Date (Paragraph 8A).
If the Executive resigns without Good Reason (as such term is defined below) or the Company terminates his employment for Cause (as such term is defined below), in either case during the first twelve (12) months of his employment, the Executive will be required to repay 100% of such first installment of the Hiring Bonus no later than thirty (30) days following the Effective Date of the Termination set forth in Section 5.1(c) or 5.1(d) below, as applicable.
If the Effective Date of the Termination is not within 12 months following a Change in Control, as hereinafter defined, the “Severance Payment” means two (2) times the sum of: (i) the Executive’s Annual Salary (as in effect on the effective date of such termination) plus (ii) the average of the two previous Annual Bonuses received by the Executive pursuant to Section 3.2.
This Agreement shall otherwise terminate upon the Effective Date of the Termination and there shall be no further rights with respect to the Executive hereunder (except as provided in Section 7.13).
It is the responsibility of the Meter Data Provider/Retail Market Operator to ensure that the Termination Order is executed in accordance with their published processes and that all MPRNs for which the Supplier Unit under the order are managed effectively.The Effective Date of the Termination Order is the date of issue.
The Selling Agent Agreement is hereby terminated and of no further force or effect as of the Effective Date of the Termination Agreement, and no party shall have any prospective duty, right or obligation to the other party arising from the Selling Agent Agreement with the exception of any duty, right or obligation which arose prior to the Effective Date, including without limitation the obligation to pay commissions under the Selling Agent Agreement for transactions occurring prior to the Effective Date.
Program Costs Except as set forth herein, Company shall assume all Product costs arising and relating to the period that begins after the Effective Date of the Termination License Agreement.
For purposes of determining the Termination Fee herein, the term "Abboxx'x Xxx Sales" shall mean the [*] of the Products in the twelve (12) months preceding the Effective Date of the Termination to the extent such sales are equal to or less than [*] Dollars ($[*]) plus [*] percent ([*]%) of all sales of the Products during such period in excess of such amount.
Amgen shall transfer to Company within 90 days of the Effective Date of the Termination License Agreement Product IP prosecution and maintenance responsibilities and costs.