Rights on Termination definition

Rights on Termination has the meaning set out in Clause 20.
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Examples of Rights on Termination in a sentence

  • Rights on Termination by Owner: Should Owner terminate the service of Contractor under this contract and complete said project pursuant to Paragraph 10 of this contract, the Contractor shall not be entitled to receive any further payment under this contract until said project is fully completed.

  • Licensor’s right to obtain new licensee.3. The parties’ rights with respect to the product designs, copyrights, patents.4. See sample Rights on Termination clauses in Appen- dix.

  • Return of Products and Sales Aids by Coaches: Rights on Termination of Agreement Upon a notice of cancellation of Your Coach Agreement, You may return products and sales aids that You purchased within 12 months prior to the date of Your cancellation for a refund.

  • FISCAL 2008 NONQUALIFIED DEFERRED COMPENSATIONAggregateAggregateEarningsBalance atin LastLast FiscalFiscal YearYear End$ 128,917 $3,559,846 Payments and Rights on Termination Our named executive officers may receive compensation in connection with the termination of their employment.

  • Representative, for himself/herself and his/her respective heirs, beneficiaries, successors and assigns, agrees to indemnify and hold harmless LPL, its affiliated entities, officers, directors and employees from and against any and all cost, loss or damage arising out of or in any way relating to the payment of Trails under this Section Rights on Termination – Continuing Commissions.

  • Provisions of the Full Service Agreement shall have the same force and effect in this Conversion Agreement including, as examples and not as a limitation, provisions relating to Definitions, Payment, Rights on Termination, Billing and Payment, Dispute Resolution, and all General and Miscellaneous provisions.

  • In addition, without limiting the generality of the foregoing, the provisions of Sections 1 ("Definitions"), 4 ("Purchase Orders"), 5 ("Patent Prosecution"), 6.2 ("Rights in Data"), 7 ("Warranties and Disclaimers"), 8 ("Limitation of Liability and Remedy"), 9 ("Confidentiality"), 11.2(c) ("Rights on Termination"), 11.3 ("Survival"), and 12 ("General") shall survive any termination, cancellation or expiration of this Agreement or Statement(s) of Work.

  • Rights on Termination Termination of this Agreement for any reason shall be without prejudice to any rights which shall have accrued to the benefit of either party prior to such termination.

  • Rights on Termination of EmploymentRights at the point of termination of the employment contract or on dismissal are essentially a question of the contract itself.

  • The following Clauses of these Merchant Terms shall survive termination: 9 ( Fanno Content and Merchant Materials); 15 (Customs and Tax Policy); 18 (Confidentiality); 21 (Limitations of Liability); 22 (Indemnities); 25 (Effects of and Rights on Termination); 26 (Miscellaneous Terms); 27 (Dispute Resolution) and 28 (Governing Law and Jurisdiction).

Related to Rights on Termination

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

  • Optional Termination The termination of the trust created hereunder in connection with the purchase of the Mortgage Loans pursuant to Section 9.01(a) hereof.

  • Event of Termination has the meaning specified in Section 7.01.

  • Termination Other Than For Cause means termination by the Company of Employee's employment by the Company for reasons other than those which constitute Termination for Cause.

  • Normal Termination means termination of employment or service with the Company and Affiliates:

  • Termination Events means each of the events specified in Clause 10.3 of this Contract.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Forbearance Termination Event has the meaning set forth in Section 3(a) hereto.

  • Termination for Cause or "Cause" shall mean termination because of the Executive's personal dishonesty, willful misconduct, any breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, conviction of a felony with respect to the Bank or the Company or any material breach of this Agreement. For purposes of this Section, no act, or the failure to act, on the Executive's part shall be "willful" unless done, or omitted to be done, in bad faith and without reasonable belief that the action or omission was in the best interest of the Company or its affiliates. Any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or based upon the written advice of counsel for the Company shall be conclusively presumed to be done, or omitted to be done, by the Executive in good faith and in the best interests of the Company. Notwithstanding the foregoing, the Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to him a Notice of Termination which shall include a copy of a resolution duly adopted by the affirmative vote of not less than three-fourths of the members of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to the Executive and an opportunity for him, together with counsel, to be heard before the Board), finding that in the good faith opinion of the Board, the Executive was guilty of conduct justifying Termination for Cause and specifying the particulars thereof in detail. The Executive shall not have the right to receive compensation or other benefits for any period after Termination for Cause.

  • Termination Upon Change of Control shall not include any termination of the employment of the Executive (a) by the Company for Cause; (b) as a result of the Permanent Disability of the Executive; (c) as a result of the death of the Executive; or (d) as a result of the voluntary termination of employment by the Executive for reasons other than Good Reason.

  • Forbearance Termination Date means the earlier to occur of (i) the closing of a Transaction; (ii) October 31, 2001, or (iii) the date upon which the Forbearance Default occurs.

  • Share Termination Settled” in relation to the Transaction means that Share Termination Alternative is applicable to the Transaction.

  • Agreement Termination Date is defined in Section 7.4.

  • Incipient Event of Termination means an event that but for notice or lapse of time or both would constitute an Event of Termination.

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Termination of Services means Participant’s Termination of Consultancy, Termination of Directorship or Termination of Employment, as applicable.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Servicer Event of Termination One or more of the events described in Section 7.01.

  • Post-Termination Period means the twelve (12) month period beginning on the Termination Date.

  • Complete Termination means a termination of the Fund's Rule 12b-1 plan for B-2 Shares involving the cessation of payments of the Distribution Fees, and the cessation of payments of distribution fees pursuant to every other Rule 12b-1 plan of the Fund for every existing or future B-Class-of-Shares (as hereinafter defined) and the Fund's discontinuance of the offering of every existing or future B-Class-of-Shares, which conditions shall be deemed satisfied when they are first complied with hereafter and so long thereafter as they are complied with prior to the earlier of (i) the date upon which all of the B-2 Shares which are Distributor Shares pursuant to Schedule I hereto shall have been redeemed or converted or (ii) May 31, 2005. For purposes of this Section 14.5, the term B-Class-of-Shares means each of the B-1 Class of Shares of the Fund, the B-2 Class of Shares of the Fund and each other class of shares of the Fund hereafter issued which would be treated as Shares under Schedule I hereto or which has substantially similar economic characteristics to the B-1 or B-2 Classes of Shares taking into account the total sales charge, CDSC or other similar charges borne directly or indirectly by the holder of the shares of such class. The parties agree that the existing C Class of Shares of the Fund does not have substantially similar economic characteristics to the B-1 or B-2 Classes of Shares taking into account the total sales charge, CDSC or other similar charges borne directly or indirectly by the holder of such shares. For purposes of clarity the parties to this agreement hereby state that they intend that a new installment load class of shares which may be authorized by amendments to Rule 6(c)-10 under the 1940 Act will be considered to be a B-Class-of-Shares if it has economic characteristics substantially similar to the economic characteristics of the existing B-1 or B-2 Classes of Shares taking into account the total sale charge, CDSC or other similar charges borne directly or indirectly by the holder of such shares and will not be considered to be a B-Class-of-Shares if it has economic characteristics substantially similar to the economic characteristics of the existing C Class of shares of the Fund taking into account the total sales charge, CDSC or other similar charges borne directly or indirectly by the holder of such shares.