Common use of Mutual Termination Clause in Contracts

Mutual Termination. This Agreement may be terminated by mutual agreement of all the Parties; provided, however, the foregoing shall not be construed as limiting the rights of a Party to withdraw its membership in the Authority, and thus terminate this Agreement with respect to such withdrawing Party, as described in Section 7.1.

Appears in 30 contracts

Samples: Joint Powers Agreement, Authority Joint Powers Agreement, Powers Agreement

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Mutual Termination. This In addition to the foregoing, this Agreement may be terminated by upon the mutual written agreement of all the Parties; provided, however, Parties only if the foregoing shall not be construed as limiting the rights Parties set forth their agreement to terminate in a written document signed by a senior executive of a Party to withdraw its membership in the Authority, and thus terminate this Agreement with respect to such withdrawing each Party, as described in Section 7.1.

Appears in 5 contracts

Samples: Formulation Development Agreement, Formulation Development Agreement (Aridis Pharmaceuticals, Inc.), Formulation Development Agreement

Mutual Termination. This Agreement may be terminated by mutual agreement of all the Parties; provided, however, the foregoing shall not be construed as limiting the rights of a Party to withdraw its membership in the Authority, and thus terminate this Agreement with respect to such withdrawing Party, as described in Section 7.18.1 (Withdrawal) of this Agreement.

Appears in 5 contracts

Samples: Item 8 Attachment, Joint Powers Agreement, Authority Joint Powers Agreement

Mutual Termination. This Agreement may be terminated by mutual agreement of all The parties have the Parties; provided, however, the foregoing shall not be construed as limiting the rights of a Party right to withdraw its membership in the Authority, and thus terminate this Agreement when the Parties agree that the continuation of the activities funded under this Agreement would not produce beneficial results commensurate with respect the further expenditure of funds; provided that all Parties agree, in writing, upon the termination conditions, including the effective date of the termination and, in the case of partial termination, the portion of the contract to such withdrawing Party, as described in Section 7.1be terminated.

Appears in 2 contracts

Samples: Interlocal Cooperation Agreement, Interlocal Cooperation Agreement

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Mutual Termination. This Agreement may be terminated in its entirety at any time by the mutual written agreement of the Parties to be effective on the date set forth in such mutual agreement and, notwithstanding anything to the contrary hereunder, shall be subject to any terms and conditions that may be set forth in such mutual written agreement. Unless the Parties otherwise agree in writing as part of all such a mutual termination any rights and licenses granted by any Party (or their Affiliates) to the Parties; provided, however, the foregoing shall not be construed as limiting the rights of a other Party to withdraw its membership in the Authority(or their Affiliates), and thus terminate all other obligations of either Party under this Agreement with respect to shall terminate in their entirety on the effective date of such withdrawing Party, as described in Section 7.1termination.

Appears in 1 contract

Samples: Collaboration and License Agreement (Alnylam Pharmaceuticals, Inc.)

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