Expiration or Termination. A. Owner shall have the right, upon thirty (30) days prior written notice to Operator, to terminate this Agreement in its entirety, upon or after the happening of one or more of the following events, if said event or events shall then be continuing:
(i) If Operator shall make a general assignment for the benefit of creditors; or
(ii) If Operator shall file a voluntary petition in bankruptcy or a petition seeking their reorganization or the readjustment of their indebtedness under the Federal Bankruptcy laws or under similar State laws; or
(iii) If an involuntary petition in bankruptcy shall be filed against Operator and Operator is thereafter adjudicated a bankruptcy thereunder; or
(iv) If Operator shall consent to the appointment of a receiver, trustee, or liquidator of all or substantially all of the property of Operator; or
(v) If Operator shall fail to pay the SASO Fee or other money payments required by this Agreement and such failure shall not be remedied within thirty (30) days following receipt by Operator of written demand from Owner; or
(vii) If Operator shall default in fulfilling any of the terms, covenants or conditions to be fulfilled by them hereunder and shall fail to commence with due diligence the remedying of said default within thirty (30) days following receipt by Operator of written demand from Owner to do so.
B. Operator shall have the right, after thirty (30) days written notice to Owner, to terminate or suspend this Agreement upon the happening of one or more of the following events, if said event or events shall then be continuing:
(i) The issuance by any court of competent jurisdiction of an injunction, order or decree preventing or restraining the use of the Airport for normal airport purposes or the use of any part thereof which may be used by Operator and which is necessary for Operator's operations of the Airport, which remains in force for a period of at least ninety (90) consecutive days.
(ii) If Owner shall default in fulfilling any of the terms, covenants or conditions to be fulfilled by it under this Agreement and shall fail to cure said default within thirty (30) days following receipt of written demand from Operator to do so; or
(iii) If all or a mutual part of the Airport or Airport facilities shall be destroyed by fire, explosion, earthquake, other casualty, or acts of God or the public enemy;
(iv) If the United States Government or any of its agencies shall occupy the Airport or any substantial part thereof to such ...
Expiration or Termination. Upon expiration or termination of this Master Contract, Contractor shall: (a) continue to fulfill its warranty obligations with respect to any Goods or Services sold hereunder and all provisions of the Master Contract that, by their nature, would continue beyond the expiration, termination, or cancellation of the Master Contract shall so continue and survive; and (b) promptly return to Purchaser all keys, badges, and other materials supplied by Purchaser for the performance of any Purchase Order entered into pursuant to this Master Contract.
Expiration or Termination. A. This Agreement and the Licensee shall commence on the date hereof and continue until October 1, 1998 and shall thereafter renew automatically for successive one (1) year periods unless either Party gives the other written notice of cancellation at least thirty (30) days prior to the end of the initial term or any subsequent yearly anniversary date. It shall immediately terminate:
(1) if Licensee or the Sublicensee liquidates, dissolves, shall be adjudicated insolvent, files or has filed against it a petition in bankruptcy or for reorganization, takes advantage of any insolvency act or proceeding, including an assignment for the benefit of creditors, or commits any other act of bankruptcy or
(2) if Nestor's right to license to Licensee any Third-Party Software terminates or expires.
B. Either Party may terminate this Agreement and the License by written notice to the other Party, if such other Party shall breach any provision of this Agreement and such breach continues for at least thirty (30) days after notice thereof, Xxxxxx may terminate this Agreement and the License by written notice to the Licensee, or if the Sublicensee shall breach any provision of the Letter Agreement and such breach continues for at least thirty (30) days after notice thereof to the Sublicensee and the Licensee.
C. Termination or expiration of this Agreement and the License shall not release Licensee from any of its obligations or liabilities accrued or incurred under this Agreement, or rescind or give rise to any right to rescind any payment made or other consideration given hereunder. Upon termination or expiration of this Agreement and the License, Licensee and the Sublicensee shall cease all marketing and other activities under the License and shall (i) (at Nestor's election) immediately deliver to Xxxxxx or irretrievably destroy, or cause to be so delivered or destroyed, any and all Copies of the Xxxxxx Software in whatever form and any written or other materials relating to the Xxxxxx Software in Licensee's possession, custody or control and (ii) within thirty (30) days deliver to Xxxxxx a certification thereof.
Expiration or Termination. Contractor’s Obligations. Upon expiration or termination of this Contract, Contractor shall: (a) continue to fulfill its warranty obligations with respect to any products and/or services sold hereunder and all provisions of the Contract that, by their nature, would continue beyond the expiration, termination, or cancellation of the Contract shall so continue and survive; and (b) promptly return to OSOS all keys, badges, and other materials supplied by OSOS pursuant to this Contract.
Expiration or Termination. Upon the expiration or termination of this Agreement, any and all Confidential Information possessed in a tangible form by a Receiving Party, its Affiliates, sublicensees or subcontractors and belonging to a Disclosing Party shall, upon written request of the Disclosing Party, be destroyed to the extent practicable, with written confirmation of such destruction. Notwithstanding anything to the contrary herein, so long as such materials are maintained in accordance with this Agreement, each Party (i) may retain any attorney work product created in connection with this Agreement, (ii) may retain copies of any Confidential Information to the extent required by legal, regulatory or judicial requirements that are applicable to a Party or its Affiliates; and, (iii) will not be obligated to erase or extinguish any Confidential Information contained in an archived computer system backup in accordance with normal document retention policies or security and disaster recovery procedures, provided that any such retained Confidential Information shall continue to remain confidential and subject to the terms of this Agreement.
Expiration or Termination. (1) At the termination or expiration of this License Agreement, Customer shall delete the Software installed in Customer's computer immediately and then provide the certificate of deletion created by the process of the Software to Company.
(2) Customer shall delete or return the Related Documentation and submit the certificate of deletion to Company within one (1) week after the termination or expiration of this License Agreement.
Expiration or Termination. Contractor’s Obligations. Upon expiration or termination of this Contract, Contractor shall: (a) continue to fulfill its warranty obligations with respect to any Goods and/or Services sold hereunder and all provisions of the Contract that, by their nature, would continue beyond the expiration, termination, or cancellation of the Contract shall so continue and survive; and (b) promptly return to WSDOT all keys, badges, and other materials supplied by WSDOT pursuant to this Contract.
Expiration or Termination. The parties agree that upon expiration or termination of this Agreement, Agent’s sole compensation shall be to receive full commissions in that amount and to that extent it would otherwise have been entitled to receive such commissions pursuant to this Section 6 as of the effective date of termination and resulting from Agent’s activities under this Agreement. In the event of termination pursuant to Section 8.3 or other breach by Agent, Principal shall cease to pay
Expiration or Termination. The Parties’ respective rights and obligations upon termination of employment are, as follows:
Expiration or Termination. Upon the expiration or termination of any Right before the end of the Term that is necessary in order to grant, continue or maintain an IRU granted hereunder in accordance with the terms and conditions hereof, the Term of the IRU hereunder shall automatically expire upon such expiration or termination of the Right. Notwithstanding the foregoing, in the event McLeodUSA elects to relocate the McLeodUSA Cable, this Agreement shall remain in full force and effect and the IRU Grantee shall pay McLeodUSA for IRU Grantee’s Proportionate Share of the reasonable costs and expenses incurred as a result of such relocation pursuant to Article XII herein. If the relocation is necessitated by the fault or negligence of McLeodUSA, then IRU Grantee will not be required to pay its Proportionate Share of the reasonable costs and expenses incurred as a result of such relocation pursuant to Article XII herein. McLeodUSA shall give IRU Grantee at least ninety (90) days prior notice of any pending expiration.
