Event of Cancellation definition

Event of Cancellation means any Event of Cancellation as defined in Section 9.3(A) hereof.
Event of Cancellation means (i) a Material Adverse Change of Omnicell since the date of this Agreement or of a Customer since the date of the related Application, or (ii) the occurrence of an event which causes a representation made by Omnicell or a Customer in connection with a Transaction or related Contract to be false in any material respect when made, or (iii) notification by such Customer to Omnicell or to Buyer of its intent to cancel all or any part of such related Contract or to refuse to accept any part of the related System.
Event of Cancellation means any one of the following events:

Examples of Event of Cancellation in a sentence

  • Duty in the Event of Cancellation or Termination of Contract In the event of cancellation or termination of the contract, the Contractor must, at its own expense and regardless of the grounds for such cancellation or termination, forthwith dismantle and remove any plant, tools and equipment used and/or stored on the Principal’s premises.


More Definitions of Event of Cancellation

Event of Cancellation shall, with respect to a Contract, refer to (i) a Material Adverse Change in Financial Condition, business or operations of SELLER since the date of this Agreement or of the Customer since the date of the related Contract Documentation or (ii) the occurrence of an event which causes a representation made by the Customer, SELLER or any other party in connection with the Contract or under this Agreement to be or become false or misleading in any material respect whether or not true when made or,(iii) a breach of any term of such Contract, or of any related guaranty or credit support agreement, whether by the Customer or SELLER, including without limitation, failure of SELLER to deliver the underlying products or services to Customer or (iv) any Default; or (v) notification by a Customer to SELLER or to MFS of its intent to cancel all or any part of the Contract or (vi) if the SELLER and/or MFS is named in a lawsuit over the actions of the SELLER.
Event of Cancellation means (i) a Material Adverse Change in financial condition, business or operations of Mobius since the date of this Agreement or of a Customer since the date of the related Application, or (ii) the occurrence of an event which causes a representation made by Mobius under this Agreement or by a Customer under a License Agreement or the related Financing Addendum to be false in any material respect when made or, although true when made, not to be true at the time the Software and Services are accepted by such Customer, or (iii) a Default by Mobius, or (iv) notification by such Customer to Mobius or to GECC of its intent to cancel all or any part of such Transaction or to refuse to accept any part of the Software or Services, or (iv) any change in the majority ownership or control of Customer. (h) "Financing Addendum" means the addendum to the License Agreement which obligates the Customer to remit to GECC the Software License Payments under the terms and conditions specified therein. (i) "License Agreement" means a contract between Mobius and a Customer, which evidences the Customer's obligation to pay the Software License Payments. (j) "Material Adverse Change" means a significant negative change of Mobius or GECC from the date of this Agreement or of a Customer from the date of the related Application in its financial condition or its properties, assets, business, operations or business prospects, all as reasonably determined by GECC in the sole exercise of its credit discretion. (k) "Net Book Value" with respect to a License Agreement means: (i) all accrued and unpaid amounts then due under the applicable License Agreement, plus (ii) all remaining amounts which shall become due under the applicable License Agreement, discounted to present value at the applicable Negotiated Discount Rate, plus (iii) any out-of-pocket expenses (including actual attorney's fees and taxes imposed on the Software) incurred by GECC with respect thereto. (l) "Purchase Price" means the present value of the aggregate Software License Payments, discounted at the Negotiated Discount Rate applicable thereto (or any non-Negotiated Discount Rate previously approved by GECC in writing). (m) "Service Fees" means the fees charged by Mobius to a Customer under a License Agreement for the provision of Services and which shall be paid by the Customer directly to Mobius. (n) "Services" means any and all of the software maintenance and support services described in the applicable License Agree...
Event of Cancellation has the meaning given in Section 4.4.
Event of Cancellation shall, with respect to a Contract, refer to (i) a Material Adverse Change in Financial Condition, business or operations of SELLER since the date of this Agreement or of the Customer since the date of the related Offer Documentation Package; or (ii) the occurrence of an event which causes a representation made by the Customer, SELLER or any other party in connection with the Contract or under this Agreement to be or become false or misleading in any material respect when made or, although true when made, will not be true and correct at the time the products and/or services related to such Contract are rendered to the Customer; or (iii) a breach of any term of such Contract, or of any related guaranty or credit support agreement, or (iv) any Default; or (v) notification by a Customer to SELLER or to MFS of its intent to cancel all or any part of the Contract.
Event of Cancellation shall have the meaning set forth in Section 9.3(a).
Event of Cancellation means, with respect to a Transaction, (a) a Material Adverse Change in the financial or other condition of Client since the date of this Agreement or of the Customer since the date of the related Application, (b) any Default by Client, (c) notification by a Customer either to Client or NCC of its intent to cancel all or any part of its Transaction or to reject or refuse to accept any Equipment, (d) the inaccuracy of any credit information supplied to NCC with respect to the Customer or Transaction, or (e) any failure by Client to fulfill any of the obligations it may have to NCC with respect to such Transaction.
Event of Cancellation shall, with respect to a Contract, refer to (i) the occurrence of an event which causes a representation made by the SELLER in connection with the Contract to be or become false or misleading in any material respect whether or not true when made; (ii) a breach of any term of such Contract, or of any related guaranty or credit support agreement, whether by the or SELLER, including without limitation, failure of SELLER to deliver the underlying products or services to any Customer; (iii) any Default; (iv) notification by a Customer to SELLER or to MFS of its intent to cancel all or any part of the Contract; or (v) if the SELLER and/or MFS is named in a lawsuit over the actions or inactions of the SELLER in connection with a Contract.