Wind-Down Period definition

Wind-Down Period has the meaning set forth in Section 10.6(c).

Wind-Down Period has the meaning set forth in Section 14.2(d).

Wind-Down Period is defined in Section 12.5 of this Agreement.

Examples of Wind-Down Period in a sentence

• This Agreement may be terminated by either party at any time following the termination of the Capacity Purchase Agreement; provided, that this Agreement may not be terminated pursuant to this sentence during the Wind-Down Period with respect to any location to which Scheduled Flights continue to fly during such Wind-Down Period.

• This agreement is coterminous with the Capacity Purchase Agreement and may be terminated by either party upon the termination of the Capacity Purchase Agreement; provided, however, that if a party hereto elects to terminate this Agreement as a result of the Capacity Purchase Agreement being terminated, the terms of this Agreement shall continue with respect to any locations to which Scheduled Flights are flown during the Wind-Down Period.

• The licenses granted to BMS in Section 7.1 shall terminate solely with respect to the Product(s) and country(ies) in which the termination becomes effective and BMS shall retain a non-exclusive, worldwide license under Section 7.1 to sell, offer for sale and import Products during the Commercialization Wind-Down Period in accordance with Section 13.7(b) (including the right to sell such Products through BMS Sublicensees if BMS were using such Sublicensees to sell same prior to such termination date).

• After the Wind-Down Period, Novartis shall immediately cease, and shall cause its Affiliates and Sublicensees (subject to the preceding sentence) to cease, any and all Development and Commercialization of Licensed Products in the Territory.

• For the sake of clarity and elimination of doubt, the Parties agree that You will not experience a “separation from service” between the Effective Date and August 31, 2022 solely because the number of hours of active service rendered by You during any week within such period is less than twenty percent (20) of the average number of hours worked per week by You by during the thirty-six (36) month period ending on the Effective Date.

More Definitions of Wind-Down Period

Wind-Down Period means, as the context may require, (i) with respect to any specific Covered Aircraft, the period after the Termination Date and until the time when such Covered Aircraft has been withdrawn from the capacity purchase provisions of this Agreement, and (ii) with respect to the Agreement as a whole, the period after the Termination Date and until the time when the last Covered Aircraft has been withdrawn from the capacity purchase provisions of this Agreement.

Wind-Down Period means any period after the date of termination of this Agreement, in its entirety or on a country-by-country basis, during which Parties are required to wind-down development activities pursuant to Section 13.4(a), 13.5(a) or 13.6(a), as the case may be.

Wind-Down Period shall have the meaning set forth in Section 3.2.5.

Wind-Down Period has the meaning specified in Section 8.3(d);

Wind-Down Period has the meaning given to such term in Section 6.3.

Wind-Down Period shall have the meaning ascribed to such term in Section 6.4 hereof.

Wind-Down Period has the meaning set forth in Section 13.4.