License Termination Event definition

License Termination Event means the expiration, termination or non-renewal of a License for any reason which, individually or together with the expiration, termination or non-renewal of any other License during the immediately preceding twelve (12) month period results in a Material Adverse Effect.
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License Termination Event means the occurrence of an event or circumstance by which the license for Integrated Software granted to Ordering Activity under the Agreement will terminate immediately and without notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Integrated Software is uninstalled from the Appliance; (2) the Appliance or Integrated Software is used for any purpose other than as permitted in the Documentation or the Agreement; (3) the Hardware is retired, removed from service, or Repurposed; (4) the Hardware portion of the Appliance is repaired, modified, or the internal works are otherwise accessed by Ordering Activity without permission of Trend Micro; (5) the Test Period expires if applicable; or (6) either Party provides notice of termination of the Test to the other Party for any reason or no reason. License Termination Events in these Appliance Differing Terms are in addition to the rights of the Parties to terminate under Section 7 of the Agreement.
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License Termination Event means the occurrence of an event or circumstance by which the license granted to You under this Agreement will terminate immediately and without additional notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Software is uninstalled from the Deep Discovery Appliance; (2) the Deep Discovery Appliance is retired, removed from service, repurposed by adding additional/different software thereto not specifically permitted by the Documentation with respect to Custom Sandboxing, or the Hardware portion of the Deep Discovery Appliance is modified by You without permission of Trend Micro; (3) You terminate this Agreement at any time by notifying Trend Micro in writing; (4) either party terminates a Trial Use in accordance with Section 9; or (5) You fail to cure a breach of any of Your material obligations under this Agreement within thirty (30) days of receipt of notice from Trend Micro.
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Examples of License Termination Event in a sentence

  • In the event the Hardware is Repurposed by or on behalf of Ordering Activity, such action is a License Termination Event with respect to the Integrated Software and the license therefor will immediately terminate without notice and or credit of amounts paid with respect thereto.

  • The lapse of a purchased Speed License shall be an additional License Termination Event under these Appliance Differing Terms for the Integrated Software or Virtual Appliance for which the Speed License has lapsed and the applicable Product will not thereafter operate unless and until a new Speed License is obtained by the Ordering Activity.

  • In the event the Hardware is Repurposed by or on behalf of Company, such action is a License Termination Event with respect to the Integrated Software and the license therefor will immediately terminate without notice and or credit of amounts paid with respect thereto.

  • Where an Appliance or Virtual Appliance requires a Speed License, the license for Integrated Software granted in Section 4.1 is further conditioned upon the purchase of such Speed License and the lapse of the Speed License shall be a License Termination Event under Section 7 of the Agreement for the Appliance or Virtual Appliance for which the Speed License has lapsed.

  • A License Termination Event occurs or a License Holder ceases to be a SPV.


More Definitions of License Termination Event

License Termination Event means the occurrence of an event or circumstance by which the license for Integrated Software granted to Company under the Agreement will terminate immediately and without notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Integrated Software is uninstalled from the Appliance; (2) the Appliance or Integrated Software is used for any purpose other than as permitted in the Documentation or the Agreement; (3) the Hardware is retired, removed from service, or Repurposed;(4) the Hardware portion of the Appliance is repaired, modified, or the internal works are otherwise accessed by Company without permission of Trend Micro; (5) the Test Period expires if applicable; or (6) either Party provides notice of termination of the Test to the other Party for any reason or no reason. License Termination Events in these Appliance Differing Terms are in addition to the rights of the Parties to terminate under Section 7 of the Agreement.
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License Termination Event means the occurrence of an event or circumstance by which the license for Integrated Software granted to Company under the Agreement will terminate immediately and without notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Integrated Software is uninstalled from the Appliance; (2) the Appliance or Integrated Software is used for any purpose other than as permitted in the Documentation or the Agreement; (3) the Hardware is retired, removed from service, or Repurposed;
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License Termination Event means the occurrence of an event or circumstance by which the license for Integrated Software granted to Ordering Activity under the Agreement will terminate immediately and without notice, it being understood and agreed that such License Termination Event shall be the earliest to occur of the following: (1) the Integrated Software (and/or any Trend Micro-provided Microsoft Component in the case of a Test) is uninstalled from the Appliance; (2) the Appliance, Integrated Software, or Microsoft Component (in the case of any Trend Micro-provided Microsoft Component in connection with a Test) is used for any purpose other than as permitted in the Documentation or the Agreement; (3) any additional/different software is installed on an Appliance other than as specifically permitted by the Documentation with respect to Custom Sandboxing; (4) the Hardware is retired, removed from service, or Repurposed; (5) the Hardware portion of the Appliance is repaired, modified, or the internal works are otherwise accessed by Ordering Activity without permission of Trend Micro or Dell; (6) the Test Period expires if applicable; or (7) either Party provides notice of termination of a Test to the other Party for any reason or no reason. License Termination Events in these Appliance Differing Terms are in addition to the rights of the Parties to terminate under Section 7 of the Agreement.
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License Termination Event means (A) a breach by Buyer of its payment obligations hereunder (a “Payment Default”), (B) a material breach of any of Buyer’s Fundamental Representations (defined below) or Sections 9.c.(i), 9.d. or 9.e. of the License Agreement or (C) a breach by Buyer of its obligations under that certain Letter Agreement Regarding Excess Inventory among Seller, RSE, Xxxx Xxxxxxx and Buyer dated as of Closing (the “Excess Inventory Letter Agreement”); provided that, no License Termination Event shall be deemed to have occurred with regard to a Payment Default in which Buyer exercised its rights to set-off, at the time made, against the Purchase Consideration hereunder unless an arbitrator determines (in accordance with Section 15 hereof) that such set-off was not made in good faith by Buyer, and; provided further, that if at the time of any event described in subsections (A) or (B) of this Section 1.3(c)(1) that would otherwise constitute a “License Termination Event”, Seller has already received an aggregate of One Million Two Hundred Fifty Thousand Dollars ($1,250,000) of Purchase Consideration, but the Xxxxx Xxxxxxxx Brand has not yet been sold, transferred, assigned and conveyed unto Buyer for any reason (i.e., the failure of the conditions stated in clauses (i) and (ii) of Section 1.3(a) above to be satisfied), then such event shall not constitute a License Termination Event for any purpose herein or with regard to the License Agreement.
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License Termination Event has the meaning given to such term in Section 12.3(a).
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License Termination Event refers to any of an “Azul Brand Suspension Event,” “Azul Brand Termination Event,” and/or an “Other IP Termination Event.”
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Related to License Termination Event

  • Company Termination Event means any of the following:

  • Consultation Termination Event shall have the meaning assigned to such term or an analogous term in the Servicing Agreement.

  • ERISA Termination Event means (i) a “Reportable Event” described in Section 4043 of ERISA and the regulations issued thereunder (other than a “Reportable Event” not subject to the provision for 30-day notice to the PBGC under such regulations), or (ii) the withdrawal of a Borrower or any of its ERISA Affiliates from a “single employer” Plan during a plan year in which it was a “substantial employer”, both of such terms as defined in Section 4001(a) of ERISA, or (iii) the filing of a notice of intent to terminate a Plan or the treatment of a Plan amendment as a termination under Section 4041 of ERISA, or (iv) the institution of proceedings to terminate a Plan by the PBGC or (v) any other event or condition which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan or (vi) the partial or complete withdrawal of a Borrower or any ERISA Affiliate of such Borrower from a “multiemployer plan” as defined in Section 4001(a) of ERISA.

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Unmatured Termination Event means an event that, with the giving of notice or lapse of time, or both, would constitute a Termination Event.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Servicer Termination Events (or any analogous term under the Lead Securitization Servicing Agreement) include customary market termination events with respect to failure to make advances, failure to timely remit payments to the Non-Lead Note Holders as required hereunder or under the Lead Securitization Servicing Agreement (subject to no more than one business day grace period), failure to timely deposit amounts into any REO Account or to remit to a Servicer for deposit into a related collection or custodial account, failure to deliver (or cause to be delivered) materials or information required in order for each Non-Lead Note Holder or each Non-Lead Depositor to timely comply with its obligations under the Exchange Act, the Securities Act and Form SF-3, and for rating agency downgrades or other triggers with respect to any certificates issued in connection with a Non-Lead Securitization, subject to customary grace periods (provided that, in the case of failures related to the securities laws, such grace periods will not cause a Non-Lead Depositor to fail to comply with the applicable provisions of such securities laws). Upon the occurrence of such a Servicer Termination Event with respect to the Master Servicer affecting a Non-Lead Securitization Note Holder and the Master Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Master Servicer shall be required, upon the direction of such Non-Lead Securitization Note Holder, to appoint a subservicer with respect to such Non-Lead Securitization Note. Upon the occurrence of a Servicer Termination Event with respect to the Special Servicer affecting a Non-Lead Securitization Note Holder and the Special Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Trustee shall, upon direction of such Non-Lead Securitization Note Holder, terminate the Special Servicer with respect to, but only with respect to, the Mortgage Loan;

  • Event of Termination has the meaning specified in Section 7.01.

  • Termination Event means an Illegality, a Tax Event or a Tax Event Upon Merger or, if specified to be applicable, a Credit Event Upon Merger or an Additional Termination Event.

  • Terminating Event means any of the following events:

  • Special Servicer Termination Event shall have the meaning given to such term in the Lead Securitization Servicing Agreement.