Example ContractsClausesImmediate Right of Termination of the License
Immediate Right of Termination of the License
Immediate Right of Termination of the License contract clause examples

Effect of License Termination. Upon termination of this Agreement for any reason, all sublicenses that are granted by Licensee pursuant to this Agreement will remain in effect and will be assigned to Institute, provided that the Sublicensee is in compliance with its sublicense agreement as of the date of such termination, and except that Institute will not be bound to perform any duties or obligations set forth in any sublicenses that extend beyond the duties and obligations of Institute set forth in this Agreement. Institute will have the sole right to modify each such assigned sublicense to include all of the rights of Institute that are contained in this Agreement.

Termination of License Agreement. This Agreement will terminate automatically in the event that the License Agreement is terminated, provided that prior to such termination of this Agreement becoming effective, the Parties shall cooperate to wind down the activities being conducted hereunder as set forth in Section 15.5(b).

. The violation of any provision of this Article 8 shall constitute an Event of Default under this Agreement and the other Loan Documents, whether or not any Borrower, Administrative Agent or Lender has received notice thereof or has knowledge of the occurrence thereof.

Rights and Obligations following Expiry or Termination 26

License Termination. Within thirty (30) days after termination or expiration of this Agreement, [[Organization A:Organization]] shall:

Effect of License Termination. Upon termination of this Agreement for any reason, all sublicenses that are granted by Licensee pursuant to this Agreement will remain in effect and will be assigned to Institute, provided that the Sublicensee is in compliance with its sublicense agreement as of the date of such termination, and except that Institute will not be bound to perform any duties or obligations set forth in any sublicenses that extend beyond the duties and obligations of Institute set forth in this Agreement. Institute will have the sole right to modify each such assigned sublicense to include all of the rights of Institute that are contained in this Agreement.

Immediate Right of Termination of the License. If any of the following grounds for termination shall occur, CKI may elect, by ​ written notice to the Licensee, to terminate immediately (unless timely cured as evidenced to CKI) the License and other rights granted to the Licensee hereunder:

Immediate Right of Termination of the License. If any of the following grounds for termination shall occur, THL may elect, by written notice to Licensee, to terminate this Agreement immediately:

Immediate Termination by AgenTus. In addition, AgenTus may terminate this Agreement immediately upon written notice to Consultant (or his/her legal representative) in the event # of the death or legal incapacity of Consultant or # that Consultant is otherwise no longer able to perform the Services or # if Consultant breaches or threatens to breach any provision of Sections 1.2, 1.3, 1.4, 7.3 or Articles 4, 5 or 6.

Termination of License Agreement. This Agreement will terminate automatically in the event that the License Agreement is terminated, provided that prior to such termination of this Agreement becoming effective, the Parties shall cooperate to wind down the activities being conducted hereunder as set forth in Section 15.5(b).

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