Permitted Terminations definition

Permitted Terminations means the termination of the following material contracts:
Permitted Terminations means any Owned Intellectual Property that has naturally expired, or that has lapsed, been abandoned, disclaimed, dedicated to the public, cancelled or forfeited, in whole or in part, regardless of whether by action or inaction of the Company, because it is deemed not to be material to the business of the Company or not economically feasible to maintain.

Examples of Permitted Terminations in a sentence

  • If Frontier terminates this Agreement as a result of your default or if you terminate for any reason other than the Permitted Terminations, Frontier may charge an early termination fee in the amount specified in your UDS.

  • Early Termination Fee: If your fixed price plan is terminated during the initial term of your Agreement, except as specifically set forth in Section 12 regarding Permitted Terminations, Frontier will assess you an early termination fee as set forth in the Product Disclosure Summary.

  • Except (i) as provided in Section 6.02(c), and (ii) for Permitted Terminations the Originator will not extend, amend or otherwise modify the terms of any Funded Receivable, or amend, modify or waive any term or condition of any Contract related thereto.

  • Early Termination Fee: If your fixed price plan is terminated during the initial term of your Agreement, except as specifically set forth in Section 15 regarding Permitted Terminations, Frontier will assess you an early termination fee as set forth in the Contract Summary.