Termination of Amended APA Sample Clauses

Termination of Amended APA. Except as specifically herein provided in respect of the Shares, the Amended APA, and all of the respective rights and obligations of the parties thereunder and in respect thereof, are hereby terminated in their entirety. By way of illustration only, and not by way of limitation, (A) all rights and obligations of every type between the UIT Parties (or any of them), on the one hand, and the Netcruise Parties (or any of them), on the other hand, under or in respect of the License (and in respect of the Technology, as defined in the License) are hereby terminated in their entirety; (B) Netcruise shall be entitled to immediately cancel the Old UIT Warrants and the Old X. Xxxxxxx Warrants (and X. Xxxxxxx agrees to promptly redeliver to Netcruise the Old X. Xxxxxxx Certificates at such time(s), if ever, as he locates them); (C) the June 30, 1998 assignment by UIT of that certain Commercial Lease, dated March 1, 1996, between 0000 Xxxxxxxx Xxxx., Inc. and ULI with respect to premises at 0000 Xxxxxxxx Xxxx., Xxxxxxxxx, Xxx Xxxxxxx, XX (including the use of furniture in such offices) is hereby terminated; and (D) all indebtedness and any other payment rights and obligations of every type (including without limitation, such thereof as exist by virtue of the mandatory dividend payments contemplated by the First Amendment) between the UIT Parties (or any of them), on the one hand, and the Netcruise Parties (or any of them), on the other hand, are hereby terminated; and (E) to the extent that they have not already done so, each of X. Xxxxxxx and X. Xxxxxxx resigns from any and all positions he has heretofore held with either of the Netcruise Parties.
Sample 1
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Related to Termination of Amended APA

  • TERM, TERMINATION AND AMENDMENT (a) This Agreement shall become effective on the date of its execution and shall remain in full force and effect for a period of two years from the effective date and shall automatically continue in full force and effect after such initial term unless either party terminates this Agreement by written notice to the other party at least sixty (60) days prior to the expiration of the initial term.

  • Term; Termination of Agreement This Agreement shall continue in force for a period of one year from the date hereof, subject to an unlimited number of successive one-year renewals upon mutual consent of the parties. It is the duty of the Independent Directors to evaluate the performance of the Advisor annually before renewing the Agreement, and each such renewal shall be for a term of no more than one year.

  • Limitation of Amendment a. The amendments set forth above are effective for the purposes set forth herein and shall be limited precisely as written and shall not be deemed to (a) be a consent to any amendment, waiver or modification of any other term or condition of any Loan Document, or (b) otherwise prejudice any right, remedy or obligation which Lenders or Borrower may now have or may have in the future under or in connection with any Loan Document, as amended hereby.

  • Termination and Amendment 53 8.1. TERMINATION.............................................................................53 8.2.

  • Term; Termination; Amendment As to each Fund, this Agreement shall become effective and shall run for an initial period as specified for each Fund in Schedule A hereto. This Agreement shall continue in force from year to year thereafter with respect to each Fund, but only as long as such continuance is specifically approved for each Fund at least annually in the manner required by the 1940 Act and the rules and regulations thereunder; provided, however, that if the continuation of this Agreement is not approved for each Fund, Sub-Adviser may continue to serve in such capacity for each Fund in the manner and to the extent permitted by the 1940 Act and the rules and regulations thereunder. This Agreement shall automatically terminate in the event of its assignment and may be terminated at any time without the payment of any penalty by either party on sixty (60) days’ written notice to the other. This Agreement may also be terminated by the Trust with respect to a Fund by action of the Board or by a vote of a majority of the outstanding voting securities of such Fund on sixty (60) days’ written notice to Sub-Adviser by the Trust. This Agreement may be terminated with respect to each Fund at any time without the payment of any penalty by Manager or the Board or by vote of a majority of the outstanding voting securities of such Fund in the event that it shall have been established by a court of competent jurisdiction that Sub-Adviser or any officer or director of Sub-Adviser has taken any action which results in a breach of the covenants of Sub-Adviser set forth herein. The terms “assignment” and “vote of a majority of the outstanding voting securities” shall have the meanings set forth in the 1940 Act and the rules and regulations thereunder. Termination of this Agreement shall not affect the right of Sub-Adviser to receive payments on any unpaid balance of the compensation described in Section 4 earned prior to such termination. This Agreement shall automatically terminate in the event the Management Agreement between Manager and the Trust is terminated, assigned or not renewed.

  • Termination of Existing Credit Agreement Receipt by the Administrative Agent of evidence that the Existing Credit Agreement concurrently with the Closing Date is being terminated and all Liens securing obligations under the Existing Credit Agreement concurrently with the Closing Date are being released.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • Execution of Amendment Submission of this Amendment by Landlord is not an offer to enter into this Amendment but rather is a solicitation for such an offer by Tenant. Landlord shall not be bound by this Amendment until Landlord has executed and delivered the same to Tenant.

  • Termination of Agreement for Cause 5.1.1. If A/E breaches any of the covenants or conditions of this AGREEMENT, COUNTY shall have the right to terminate this AGREEMENT upon ten (10) days written notice prior to the effective day of termination.

  • Termination of Existing Agreement The Existing Agreement is hereby terminated and replaced and superseded by this Agreement, effective August 1, 2001. All payments, of Base Salary or otherwise, made by the Company under the Existing Agreement with respect to any period commencing on or after August 1, 2001 shall be credited against the corresponding payment obligations of the Company under this Agreement.

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