Term and Termination of the Research Collaboration Sample Clauses

Term and Termination of the Research Collaboration. The term of the R&D COLLABORATION will be the first three (3) AGREEMENT YEARS, but may be extended by mutual agreement of the parties for an additional two (2) AGREEMENT YEARS with funding for such years to be determined by mutual agreement of the parties hereto. BIOGEN shall be entitled to terminate the R&D COLLABORATION and cease funding thereof only in the event of a breach by CBM of any of CBM's material obligations in the R&D COLLABORATION following written notice of such breach to CBM. If such breach is not cured within thirty (30) days after written notice is given by BIOGEN to CBM specifying the breach, BIOGEN may terminate the R&D COLLABORATION without terminating the entire Agreement and may cease funding hereunder forthwith upon written notice to CBM after expiration of such thirty (30) day period. In the event, BIOGEN terminates the R&D COLLABORATION, CBM will reimburse to BIOGEN any amounts paid by BIOGEN in excess of CBM's actual and non-cancelable expenditures.
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Term and Termination of the Research Collaboration. GW-Axxxxx Xxxeement, Dec 15 1999 *** CONFIDENTIAL TREATMENT REQUESTED
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Term and Termination of the Research Collaboration. The term of the Research Collaboration will be two (2) years from the EFFECTIVE DATE hereof unless extended by mutual agreement.
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Term and Termination of the Research Collaboration. The term of the Research Collaboration will be ****************** ******************************************************************************** Either party may request an extension of up to ************************ **************
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Term and Termination of the Research Collaboration 
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Related to Term and Termination of the Research Collaboration

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  • Term and Termination (a) This Agreement shall terminate upon the first to occur of (i) the dissolution of the Issuer; (ii) upon notice of termination from the Administrator that the Administrator desires to withdraw as the administrator of the Issuer, Masterworks Cayman and of the Artwork, which the Administrator may give at any time in the event that the Administrator determines that it desires to cease providing services of the type as set forth herein to any Person, and provided that the Administrator does so cease providing such services thereunder, (iii) upon the Removal Effective Date, and (iv) on the joint agreement of the Parties.

  • Term and Termination of Agreement 1. This Agreement shall run for a period of one (1) year from the date first written above and will be renewed from year to year thereafter unless terminated by either party as provided hereunder.

  • Term and Termination of the Agreement 3.1 This Agreement shall remain in effect from the date appearing at the top of this Agreement for a period of twenty-four (24) months and continuing thereafter automatically for additional six (6) month terms unless and until terminated by either party upon written notice to the other party given at least thirty (30) days prior to the expiration of the then current term.

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  • Xxxx and Termination of Agreement 1. This Agreement shall run for a period of one (1) year from the date first written above and will be renewed from year to year thereafter unless terminated by either party as provided hereunder.

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  • 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.

  • Duration and Termination This Agreement shall become effective on July 21, 2015 and shall continue in effect until February 28, 2017, and thereafter, only if such continuance is approved at least annually by a vote of the Board, including the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person, at a meeting called for the purpose of voting such approval. In addition, the question of continuance of this Agreement may be presented to the shareholders of the Portfolio; in such event, such continuance shall be effected only if approved by the affirmative vote of the holders of a majority of the outstanding voting securities of the Portfolio. This Agreement may at any time be terminated without payment of any penalty either by vote of the Board or by vote of the holders of a majority of the outstanding voting securities of the Portfolio, on not more than (60) sixty days’ written notice to the Manager. This Agreement shall automatically terminate in the event of its assignment. This Agreement may be terminated by the Manager after ninety (90) days’ written notice to the Fund. Any notice under this Agreement shall be given in writing, addressed and delivered, or mailed post-paid, to the other party at any office of such party. As used in this Section, the terms “assignment,” “interested persons,” “voting securities,” and a “majority of the outstanding voting securities” shall have the respective meanings set forth in Section 2(a)(4), Section 2(a)(19), Section 2(a)(42) of the 1940 Act and Rule 18f-2 thereunder.

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