Sunset Period definition
Examples of Sunset Period in a sentence
Company provides a more limited level of Support Services for software that is in the Sunset Period.
Notwithstanding the foregoing, a representation and warranty shall continue in effect in the event a claim for breach thereof has been made prior to the expiration of the Sunset Period and shall survive until such claim is fully resolved.
The Employee hereby agrees that during the term of employment with the Company and during the term of the Sunset Period, the Employee shall not, directly or indirectly, provide any competitor or potential competitor of the Company or any person or entity doing or planning to do business in the same business as the Company with any information relating in any way to Confidential Information.
If this Agreement expires during Sunset Period, and the Registrar meets the requirements of Section 5.2 (Renewal), such renewal term shall not extend beyond the end of the Sunset Period.
In all other cases, "Sunset Period" shall mean a period in perpetuity.
In the case of termination of the Employees employment under the terms of Section 8.2 or Section 8.3 of this Agreement, or in the case of termination of this Agreement in accordance with Section 2(a) or Section 2(c) of this Agreement, "Sunset Period" shall mean that period ending the day of the fifth anniversary of the Effective Date.
In the event of a Change of Control in favor of an entity on the Restricted List during the Sunset Period, the acquiring entity shall maintain books and records of postage printed reasonably necessary to perform the calculations called for in Section 8.3.2 above.
This Agreement will be in effect from the Effective Date until expiration of the Sunset Period, unless extended by the Parties in writing or terminated earlier in accordance with this Article 9 (the “Term”).
Akesis hereby acknowledges and agrees that this provision shall survive any termination or expiration of this Agreement for so long as GS continues to (i) Commercialize the Products during the Sunset Period, as defined and described in Section 8.4(a)(ii) below; or (ii) Commercialize the Products to customers existing prior to such termination or expiration, as provided for in Section 8.4(a)(iii) below.
Section 9.1 is amended and restated in its entirety as follows: This Agreement shall be in effect from the Effective Date until the earlier of the expiration of the Sunset Period or, if earlier, the date as of which aggregate payments due and owing by ZGEN or Zymo pursuant to Section 4.2.2 reach the Commission Cap.