Ordinary Termination definition

Ordinary Termination has the meaning specified in § 9.2 (Expiration Date and 30 Day Termination Notice);
Ordinary Termination has the meaning as specified in § 18.2 (Expiration Date);
Ordinary Termination has the meaning specified in §

Examples of Ordinary Termination in a sentence

  • Any such Ordinary Termination must be announced at least 28 days prior to the Ordinary Termination Date in accordance with § 13.

  • Such announcement shall be irrevocable and must state the Ordinary Termination Date.

  • In this respect, the Ordinary Termination Date shall in all respects supersede the Exercise Date.

  • The Ordinary Termination Amount shall be calculated and paid in accordance with section 5 (3) of the General Conditions as in the case of effective exercise.

  • Such announcement shall be irrevocable and must state the Ordinary Termination Date.3. In the case of an Ordinary Termination of the Securities each Securityholder shall receive a payment per Security as determined in accordance with the provisions of § 3 paragraph 2.


More Definitions of Ordinary Termination

Ordinary Termination means a termination of this Agreement on the Expiry Date;
Ordinary Termination has the meaning given in Article 2;
Ordinary Termination means as set forth in Clause 32.1 hereof.
Ordinary Termination. Each Party shall have the right to terminate this Agreement at any time within their discretion, subject to giving the other Party three (3) calendar months prior written notice. Extraordinary Termination: In addition to the foregoing, Dacoco shall have the right to terminate this Agreement for cause, with immediate effect, and therefore, revoke the License without prior notice, if: ● Licensee commits any material breach of any term of this Agreement, or fails to perform and/or fulfill any material part or material obligation under this Agreement (inter alia, without limitation, default of any payment due by Licensee, violation of IP-Rights, violation of non- assignment, violation of License Conditions); and/or ● the entry by Licensee into bankruptcy proceedings or any proceedings of a similar nature, whether or not administered by public authorities; and/or ● a liquidation, dissolution or cessation of business of Licensee or a transaction of a substantially similar effect, such a disposal of material parts of its business. In the event of such termination: ● the Licensee shall withdraw all materials making use of the IP-Rights licensed hereunder other than any works already released to the public to the extent they are non-revocable and comply with the License Conditions; ● no repayment of any license fee (if any) shall be due by the Licensor.
Ordinary Termination ha s the me an in g spec ifie d in § 9 .2 (Expiration Date and 30 Day Termination Notice);
Ordinary Termination has the meaning set forth in Article 37 (Expiration Date); “Party” means a party to this Agreement.
Ordinary Termination means as defined in Clause 7.2 of these Common User Terms;