Cogent’s Right to Terminate Atlanta-DC Major Segment Sample Clauses

Cogent’s Right to Terminate Atlanta-DC Major Segment. Upon expiration of the three (3) year period beginning on the Effective Date of this Amendment (provided, however, that Cogent has not previously elected to exchange for new Dark Fibers under Subsection 2(b)), Cogent may terminate the Agreement with respect to the Atlanta-DC Major Segment only by giving written notice of such termination on or before the date which is thirty (30) days after the expiration date of such 3-year period. Cogent’s rights under this Subsection (c) shall expire if Cogent’s termination notice is not received by Williams within such 30-day period. Upon a termination of the Agreement with respect to the Atlanta-DC Major Segment pursuant to this Subsection 2(c): (i) Cogent shall not be entitled to a refund of any portion of the Contract Price, Routine Maintenance charges, collocation charges or any other fees or charges payable under the Agreement prior to the date of such termination; (ii) the Atlanta-DC Major Segment shall be deleted from Exhibit A-2 of the Agreement and Exhibit A of the First Amendment; (iii) all rights and obligations of Cogent and all obligations of Williams with respect to the Atlanta-DC Major Segment shall cease, terminate and be of no further force or effect; and (iv) all of Cogent’s rights and interests in and to the Cogent Fibers in, and other rights under the Agreement pertaining to, the Atlanta-DC Major Segment shall revert fully to Williams. REQUESTED BY COGENT COMMUNICATIONS, INC. (d)Restriction on Transfer of Dark Fiber Rights. After expiration of the 3-year period described in the first sentence of Subsection 2(c) above and until the earlier of (i) termination or expiration of the Agreement, or (ii) Cogent’s exercise of its right to exchange the initial Cogent Fibers in the Atlanta-DC Major Segment for Dark Fibers in a new Cable under Subsection 2(b) above; Sections 23.2(b) and 23.5 of the Agreement shall not apply to the Cogent Fibers in the Atlanta-DC Major Segment.
Sample 1
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Related to Cogent’s Right to Terminate Atlanta-DC Major Segment

  • Right to Terminate Agreement This Agreement may be terminated prior to the Closing:

  • Reservation of Right to Terminate Relationship Nothing contained in this Agreement shall restrict the right of the Company to terminate the relationship of the Optionee at any time, with or without cause. The termination of the relationship of the Optionee by the Company, regardless of the reason therefor, shall have the results provided for in Sections 3 and 4 of this Agreement.

  • Right to Terminate Employment No provision of this Agreement shall limit in any way whatsoever any right that the Company or a Subsidiary may otherwise have to terminate the employment of the Grantee at any time. Nothing herein shall be deemed to create a contract or a right to employment with respect to the Grantee.

  • Right of the Company and Subsidiaries to Terminate Services Nothing in this Agreement confers upon you the right to continue in the employ of or performing services for the Company or any Subsidiary, or interfere in any way with the rights of the Company or any Subsidiary to terminate your employment or service relationship at any time.

  • Company’s Right to Terminate Notwithstanding the provisions of Section 3.1, Company shall have the right to terminate Executive’s employment under this Agreement at any time for any of the following reasons:

  • Tenant’s Right to Terminate If the Leased Premises, the Building or the Outside Area are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to this Article, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant as to when the restoration work required of Landlord may be complete. Tenant shall have the option to terminate this Lease in the event any of the following occurs, which option may be exercised only by delivery to Landlord of a written notice of election to terminate within seven days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:

  • Right to Terminate Following Event of Default If at any time an Event of Default with respect to a party (the “Defaulting Party”) has occurred and is then continuing, the other party (the “Non-defaulting Party”) may, by not more than 20 days notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all outstanding Transactions. If, however, “Automatic Early Termination” is specified in the Schedule as applying to a party, then an Early Termination Date in respect of all outstanding Transactions will occur immediately upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(1), (3), (5), (6) or, to the extent analogous thereto, (8), and as of the time immediately preceding the institution of the relevant proceeding or the presentation of the relevant petition upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(4) or, to the extent analogous thereto, (8).

  • Right to Terminate Notwithstanding anything to the contrary set forth in this Agreement, this Agreement may be terminated and the transactions contemplated herein abandoned at any time prior to the Closing:

  • Licensee’s Right to Terminate Licensee may, at its option, without prejudice to any other remedies it may have, terminate this agreement by giving written notice of such termination to Licensor as follows: (a) immediately, in the event that Licensor abandons the Licensed Marks or otherwise ceases to support the Licensed Marks in Licensor's business; or (b) immediately in the event of the occurrence of a Bankruptcy with respect to Licensor; or (c) immediately in the event of an occurrence of termination pursuant to Section 13.2(d).

  • Company’s Right to Terminate for Convenience The Company shall have the right to terminate Employee’s employment for convenience at any time and for any reason, or no reason at all, upon written notice to Employee.

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