Termination Upon Transfer Sample Clauses

Termination Upon Transfer. This Interim Servicing Agreement shall terminate with respect to the Servicing or any portion thereof transferred on the Transfer Date.

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.

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 ▇▇▇▇▇ or ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, this Agreement will terminate on the anniversary of such event.

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 Bill ▇▇ 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.

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.

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.

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.

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 ▇▇▇▇ 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.