MUTUAL RIGHT OF TERMINATION Sample Clauses

MUTUAL RIGHT OF TERMINATION. Either Party may terminate this Agreement, immediately at any time by written notice to the other Party, if the other Party (or in the event the other Party is HP-OMS, then Hewlett-Packard Israel Ltd or in the event the other Party is Customer, then Tecnomatix Technologies Ltd) (i) has a receiver appointed or an assignee for the benefit of creditors; (ii) is or becomes insolvent or is unable to pay debts as they become due; (iii) ceases to trade for a period of sixty (60) days (either in whole or as to any part or division involved in the performance of this Agreement) or (iv) ceases to operate in the normal course of business for a period of sixty (60) days (each of (i)-(iv) above an "INSOLVENCY EVENT"), unless the Insolvency Event is removed or is no longer in effect within forty-five (45) days of receipt of the notice of termination, in which case the initial Insolvency Event shall not be grounds for termination.
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MUTUAL RIGHT OF TERMINATION. If at any time during the term of this Agreement any provision contained in Article VII, X, XI and XIV of this Agreement is enjoined, vacated, declared null and void or is rendered unenforceable by any court of competent jurisdiction, then either the NBA or the Players Association shall have the right to terminate this Agreement by serving upon the other party written notice of termination within thirty (30) days.
MUTUAL RIGHT OF TERMINATION. Subject to the terms set forth in Section 9.6, either party may terminate this Agreement without cause, without penalty and without liability for any damages as a result of such termination, provided that the effective date of termination is no earlier than February 4, 2004, and further provided that the party seeking to terminate the Agreement provides the other party at least ninety (90) calendar days' prior written notice specifying the effective date of termination.
MUTUAL RIGHT OF TERMINATION. Notwithstanding anything to the contrary contained in this Agreement, either party may terminate this license at any time by giving five (5) days written notice to the other party.
MUTUAL RIGHT OF TERMINATION. Either party may terminate the Agreement, effective upon written notice to the other party, if the other party materially breaches any material provision of this Agreement (except as set forth in Section 7.2 above), and such breach is incapable of cure, or being capable of cure, remains uncured 30 days after the non-breaching party provides the breaching party with written notice of such breach.
MUTUAL RIGHT OF TERMINATION. Either Party may terminate the Agreement at any time upon written notice to the other Party in the event of the occurrence of one or more of the following events: (i) if a petition under any foreign, state, or United States bankruptcy act, receivership statute, or the like, as they now exist, or as they may be amended, is filed by the other Party; or (ii) if such a petition is filed by a third Party, or an application for a receiver of the other Party is made by a third Party, and such petition or application is not resolved favorably to such Party within thirty (30) days; or (iii) the other Party materially breached any of its representations, warranties, obligations or agreements hereunder, and such breach, if capable of being cured, is not cured within ten (10) days following receipt of written notice of such breach from the non-breaching Party.
MUTUAL RIGHT OF TERMINATION. Each party may terminate the Agreement with three (3) months’ notice in writing, calculated from the 1st day of the following month.
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MUTUAL RIGHT OF TERMINATION. Either party hereto shall have the right to terminate this License Agreement with respect to said Department in any or all of the Sears retail stores designated in Location Approval Rider at any time hereafter by giving to the other party at least sixty (60) days prior written notice of such termination.
MUTUAL RIGHT OF TERMINATION. 11.1 The Company and the Consultant shall each have the right to terminate this Agreement at any time in its sole discretion by giving not less than sixty (60) days written notice. The Parties may, however, terminate this Agreement by mutual written consent at any time.
MUTUAL RIGHT OF TERMINATION. (a) Within six (6) months of the date hereof, Owner shall deliver or cause to be delivered to Hyatt an environmental assessment of the Site (the "Environmental Report") prepared by an independent firm having expertise in such matters. The Environmental Report shall reflect an investigation at least to a "Phase 1" standard (as such terms is used in the Massachusetts Contingency Plan 310 CMR Section 40 et seq ("MCP")). If the Environmental Report discloses the existence of "hazardous substances" or "hazardous wastes" (as defined in Section 9 hereof) (an "Environmental Condition"), then:
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