Termination Upon Transfer Sample Clauses

Termination Upon Transfer. Except for the rights of the transferee set forth in Section 8.8 hereto, this Agreement shall terminate upon the transfer of INX Tokens completed in accordance with Section 3 of Exhibit B hereto.
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Termination Upon Transfer. This Interim Servicing Agreement shall terminate with respect to the Servicing or any portion thereof transferred on the Transfer Date.
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Termination Upon Transfer. If Owner sells or otherwise transfers its interest in the Facility, or if all of the membership interests in Owner are directly or indirectly sold to a third party.
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Termination Upon Transfer. In the event Lilly elects ------------------------- to transfer the Licensed Assets to JMED pursuant to Section 2.3, this Agreement shall, subject to the provisions of paragraph (d) of this Section 9.1, terminate automatically, and without the need for notice, simultaneously with the execution and delivery by Lilly to JMED of the Bixx xf Sale and Trademark Assignment described in Section 2.3 and such other documents as JMED shall reasonably request. Notwithstanding the foregoing, termination by Lilly under this Section 9.1(c) shall not affect the rights and obligations of the parties pursuant to the Manufacturing Agreement, nor the licensing of the Technology by Lilly to JMED pursuant to Section 2.8 of this Agreement, all of which shall continue to survive unless and until otherwise terminated pursuant to the provisions of this Agreement or of said Manufacturing Agreement.
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Termination Upon Transfer. Unless the Licensor consents in writing to its continuance, this Agreement shall terminate automatically in the event that the Licensee transfers this Agreement or grants a sublicense to a Person which is not a Controlled Person or in the event a Controlled Person to which this Agreement has been transferred or to which a sublicense has been granted ceases to be a Controlled Person (unless the Licensee or sublicensee has complied with Article VIII with respect to such transfer or event), provided, that if such Person ceases to be a Controlled Person by reason of the death or disability of Xxxxx or Xxxxx Xxxxxxxx, this Agreement will terminate on the anniversary of such event.
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Termination Upon Transfer. Unless the Licensor consents in writing to its continuance, this Agreement shall terminate in the event that the Licensee transfers this Agreement or grants a sublicense to a Person which is not a Controlled Person or a Permitted Transferee as provided in Article V.
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Termination Upon Transfer. In the event that Landlord's ownership interest in the Leased Premises or the Building, or both, shall be sold or otherwise transferred in accordance with Article 14.3 or 14.4 above, and in further event that the successor to Landlord's interest thereafter fails to maintain the Building in substantially the same manner and in substantially the same condition and repair as it was maintained while owned by Landlord, then, upon giving Landlord's successor 90 days' written notice, Tenant shall have the right to terminate this Lease in its entirely and to vacate the Leased Premises upon payment by Tenant to Landlord's successor of a termination penalty equal to the then existing Unamortized Amount.
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Termination Upon Transfer. The power granted by SECTION 2.1 shall terminate as to any Shareholder Shares that are sold or transferred in bona fide transactions.
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Termination Upon Transfer. If Lilly elects to transfer the Licensed Assets relating to both Products to Dura pursuant to Section 2.4, this Agreement shall, subject to the provision of subparagraph (e) of this Section 9, terminate automatically, and without the need for notice, simultaneously with the execution and delivery by Lilly to Dura of the Xxxx of Sale, Trademark Assignment and Copyright Assignment described in Section 2.4. If Lilly elects to transfer the Licensed Assets relating solely to one Product, this Agreement shall remain in full force and effect with respect to the remaining Product. All of the rights under the licenses granted by Lilly to Dura pursuant to Sections 2.1 and 2.2 hereof shall remain in full force and effect.
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Related to Termination Upon Transfer

  • Termination Upon Notice Following thirty (30) days’ written notice, the State Entity may terminate the Contract in whole or in part without the payment of any penalty or incurring any further obligation to the Contractor. Following termination upon notice, the Contractor shall be entitled to compensation, upon submission of invoices and proper proof of claim, for goods and services provided under the Contract to the State Entity up to and including the date of termination.

  • Termination Upon Sale Notwithstanding anything to the contrary contained herein, a Party may terminate its obligations under this Agreement as to a specific operating area or portion thereof if such Party sells or otherwise transfers the area or portion thereof to a non-Affiliate in compliance with the terms and conditions of this Agreement. The selling or transferring Party shall provide the other Party with at least sixty (60) Days prior written notice of such termination, which shall be effective on the date specified in the notice. Notwithstanding termination of this Agreement as to a specific operating area, this Agreement shall remain in full force and effect in the remaining operating areas.

  • Condition upon Termination Upon the termination of the -------------------------- Lease, Tenant shall surrender the Property to Landlord, broom clean and in the same condition as received except for ordinary wear and tear which Tenant was not otherwise obligated to remedy under any provision of this Lease. However, Tenant shall not be obligated to repair any damage which Landlord is required to repair under Article 7 (Damage or Destruction). In addition, Landlord may require Tenant to remove any alterations, additions or improvements (whether or not made with Landlord's consent) prior to the expiration of the Lease and to restore the Property to its prior condition, all at Tenant's expense. All alterations, additions and improvements which Landlord has not required Tenant to remove shall become Landlord's property and shall be surrendered to Landlord upon the expiration or earlier termination of the Lease, except that Tenant may remove any of Tenant's machinery or equipment which can be removed without material damage to the Property. Tenant shall repair, at Tenant's expense, any damage to the Property caused by the removal of any such machinery or equipment. In no event, however, shall Tenant remove any of the following materials or equipment (which shall be deemed Landlord's property) without Landlord's prior written consent: any power wiring or power panels; lighting or lighting fixtures; wall coverings; drapes, blinds or other window coverings; carpets or other floor coverings; heaters, air conditioners or any other heating or air conditioning equipment; fencing or security gates; or other similar building operating equipment and decorations except to the extent installed by Tenant.

  • Action Upon Termination (a) From and after the effective date of termination of this Agreement, pursuant to Sections 13, 14, or 15 of this Agreement, the Manager shall not be entitled to compensation for further services under this Agreement, but shall be paid all compensation accruing to the date of termination and, if terminated pursuant to Section 13 or Section 15(b), the applicable Termination Fee. Upon such termination, the Manager shall forthwith:

  • Resignation upon Termination Effective as of any Date of Termination under this Section 7 or otherwise as of the date of Executive's termination of employment with the Company, Executive shall resign, in writing, from all Board memberships and other positions then held by him with the Company and its Affiliates.

  • Termination Upon Breach Each party shall have the right to terminate this Agreement provided (i) such party provides sixty (60) days prior notice to the other party; (ii) the other party is in a material breach of any of the terms of this Agreement; and (iii) the prior breach is not cured within such sixty (60) day period. Any such notice shall provide, in reasonable detail, a description of the alleged breach and the requested cure of that breach.

  • Termination Upon a Change of Control If Executive’s employment by the Employer, or any Affiliate or successor of the Employer, shall be subject to a Termination within a Covered Period, then, in addition to Minimum Payments, the Employer shall provide Executive the following benefits:

  • Termination Upon a Change in Control If Executive’s employment is subject to a Termination within a Covered Period, then, in addition to Minimum Benefits, the Company shall provide Executive the following benefits:

  • Surrender Upon Termination The Executive agrees that in the event of the termination of the Executive's employment for any reason, whether before or after the Term, the Executive will immediately deliver to the Company all property belonging to the Company, including documents and materials of any nature pertaining to the Executive's work with the Company, and will not take with the Executive any documents or materials of any description, or any reproduction thereof of any description, containing or pertaining to any Confidential Information. It is understood that the Executive is free to use information that is in the public domain, but not as a result of a breach of this Agreement.

  • Termination Upon Change of Control Notwithstanding anything to the contrary herein, this Agreement (excluding any then-existing obligations) shall terminate upon (a) the acquisition of the Company by another entity by means of any transaction or series of related transactions to which the Company is party (including, without limitation, any stock acquisition, reorganization, merger or consolidation but excluding any sale of stock for capital raising purposes) other than a transaction or series of transactions in which the holders of the voting securities of the Company outstanding immediately prior to such transaction continue to retain (either by such voting securities remaining outstanding or by such voting securities being converted into voting securities of the surviving entity), as a result of shares in the Company held by such holders prior to such transaction, at least fifty percent (50%) of the total voting power represented by the voting securities of the Corporation or such surviving entity outstanding immediately after such transaction or series of transactions; or (b) a sale, lease or other conveyance of all substantially all of the assets of the Company.

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