Common use of Termination Clause in Contracts

Termination. In the event that IZSVe quit performing the institutional research activities mentioned in the recitals, the Sponsor may terminate this agreement upon sixty (60) days’ prior written notice, except if such quitting is due to natural disasters or any causes beyond IZSVe’s reasonable control.

Appears in 2 contracts

Samples: Study and Research Agreement, Study and Research Agreement

Termination. In the event that IZSVe quit performing the institutional research activities mentioned in the recitals, the Sponsor may terminate this agreement upon sixty (60) days’ prior written notice, except if such quitting is due to natural disasters or any causes beyond IZSVe’s reasonable control. In the event of such termination, the Sponsor will pay to IZSVe the financial contribution set forth in the previous art. 3 in proportion to the period of research activities performed until the termination date.

Appears in 1 contract

Samples: Contract for Research Contribution

Termination. In the event that IZSVe quit performing the institutional research activities mentioned in the recitals, the Sponsor may terminate this agreement Agreement upon sixty (60) days’ prior written notice, except if such quitting is due to natural disasters or any causes beyond IZSVe’s reasonable control.

Appears in 1 contract

Samples: Study and Research Agreement