Disaffiliation Clause Samples
A Disaffiliation clause outlines the terms and procedures under which a party may formally separate or withdraw from an organization, partnership, or group. Typically, it specifies the required notice period, any obligations that must be fulfilled prior to departure, and the handling of shared assets or intellectual property. This clause serves to provide a clear and orderly process for ending an affiliation, minimizing disputes and ensuring that both parties understand their rights and responsibilities upon separation.
Disaffiliation. A disaffiliation from the University shall mean only the following:
(1) Tenant's graduation or
(2) Termination of Tenant's UCSF Affiliation as set forth in Section 1 or
(3) Tenant's taking a registered, department-approved leave of absence for more than three months (does not include summer breaks or rotations) or
(4) Tenant's voluntary or involuntary withdrawal from the University.
Disaffiliation. Disaffiliate a Specified Station from a Network if (i) such Specified Station continues to be owned by Licensee and (ii) the average of the portion of the Royalty Base attributable to such Specified Station for each of the preceding two (2) years continues to be included in the Royalty Base for the Term;
Disaffiliation. A disaffiliation from the University shall mean only the Termination of Tenant's UCSF Affiliate category as set forth in Section 1. ~
Disaffiliation. A Former Company shall furnish the Parent with the information necessary to prepare the Consolidated Return for the last taxable year that the Former Company was a Member of the Consolidated Group, as well as for subsequent taxable years in which the information is necessary to prepare a Consolidated Return. Moreover, the Former Company shall furnish the Parent with the information and assistance necessary for the Parent to apply for and obtain the benefit of any carryback or carryover of the Former Company, and in the case of an audit by the Internal Revenue Service or applicable state agency where the Parent determines that cooperation of the Former Company is required.
Disaffiliation. A disaffiliation from the University shall mean only the following:
(1) Tenant's graduation or
(2) Termination of Tenant's UCSF Affiliate category as set forth in Section 1 or (3) Conversion from one UCSF Affiliate category to another UCSF Affiliate category or
Disaffiliation. The Disaffiliation must occur prior to the Termination Date. A disaffiliation from the University shall mean only the following:
(1) Resident's graduation or
(2) Termination of Resident's UCSF Affiliation as set forth in Section 1 or
(3) Resident's taking a registered, department-approved leave of absence for more than three months (does not include summer breaks or rotations) or
(4) Resident's voluntary or involuntary withdrawal from the University.
Disaffiliation. Upon a disaffiliation of any Company that results in any Company no longer being included in the Duke Consolidated Group, the income, deductions, gains, losses, and other items of such disaffiliated Company will be allocated between the period on or prior to such disaffiliation and the period beginning on the day after such disaffiliation on a closing-of-the-books basis in a manner consistent with Treasury Regulation § 1.1502-76(b)(2) (or similar provision of state, local or foreign law) without any ratable allocation election under Treasury Regulation § 1.1502-76(b)(2)(ii)(D) (or similar provision of state, local or foreign law), unless Duke determines that it is beneficial to both Duke and Investor to use a ratable allocation method and Investor provides prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed.
Disaffiliation. To the extent permitted by law, WEAC governance documents, and other agreements, an Employer disaffiliating from WEAC, dropping UEA membership or state option status, must maintain all existing employee benefits until a successor agreement is bargained.
Disaffiliation. Except with respect to the transactions contemplated by this Agreement (including, without limitation, the transactions permitted by Section 9.10(b)) or the MIOA, none of the ICI Parties shall take any action or enter into a transaction, agreement, understanding or commitment, the consummation of which would result in the record or beneficial owner of the HIH Interest no longer being an Affiliate of ICI Parent.
Disaffiliation i. If Chapter remains Dormant for more than six (6) months after being deemed Dormant, Chapter will be disaffiliated from DAMA-I effective immediately (“Disaffiliated”). 1 For example, if the Effective Date is January 15, 2024, the Agreement would expire July 1, 2028, and if the Effective Date is July 2, 2024, the Agreement would expire July 1, 2029.
ii. In addition, if Chapter is in breach of this Agreement, and has not cured such breach within sixty (60) days after receiving written notice of such breach from DAMA-I, Chapter will be Disaffiliated from DAMA-I effective as of the date of such notice.
iii. If a Disaffiliated Chapter wishes to regain its status of Affiliated Chapter, DAMA-I may require the Disaffiliated Chapter to complete the process outlined in this Agreement for formation and affiliation anew.