Automatic Revocation Sample Clauses

The Automatic Revocation clause establishes that certain rights, permissions, or agreements are immediately withdrawn upon the occurrence of specified events, without the need for further action by either party. For example, this clause may apply if a party breaches a key obligation, becomes insolvent, or fails to meet certain conditions, resulting in the automatic loss of a license or contractual benefit. Its core practical function is to provide certainty and efficiency by ensuring that revocation happens instantly and predictably, thereby protecting parties from ongoing risk or exposure when critical terms are violated.
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Automatic Revocation. In connection with any permitted use on any social media platform or other third- party website, Licensee's rights to such permitted uses shall automatically be revoked in the event that the third party website seeks to exploit purported rights to the licensed Content contrary to the terms of this Agreement; and in such event, upon Jukin Media’s request, Licensee shall remove any licensed Content from such platform or website.
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Automatic Revocation. If Executive shall revoke the Release granted by him today to Riverwood, Holding and RIC Holding, this Release shall be automatically revoked and of no further force or effect as though this Release had never been granted.
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Automatic Revocation. This regulation shall be automatically re­ voked on the effective date of a specific ceiling price regulation fixing ceiling prices for distillers’ dried products.
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Automatic Revocation. This Release shall become null and void if not countersigned by an authorized officer of each of the TPG Parties, and returned to Executive, within ten (10) days after it is signed by Executive, and delivered to the TPG Parties in accordance with the notice provisions in the Employment Agreement.
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Automatic Revocation. Any license issued under the provisions of this chapter shall stand revoked without further proceedings upon the conviction of a licensee or employee, agent or representative thereof for a second offense under this chapter or for a violation of Chapters 125 or 139 of Wisconsin Statutes, or any other state or federal liquor or fermented malt beverage laws.
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Automatic Revocation. Upon Loss of 501(c)(3)
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Related to Automatic Revocation

  • Automatic Renewal Each Schedule will renew automatically at the end of the then-current Schedule Term for a Schedule Renewal Term unless terminated in accordance with this Agreement by either You or Company.

  • Automatic Reduction Promptly following each date on which the Required Amount is reduced as a result of a reduction in the Pool Balance of the Class B Certificates or otherwise, the Maximum Commitment shall automatically be reduced to an amount equal to such reduced Required Amount (as calculated by the Borrower). The Borrower shall give notice of any such automatic reduction of the Maximum Commitment to the Liquidity Provider within two Business Days thereof. The failure by the Borrower to furnish any such notice shall not affect such automatic reduction of the Maximum Commitment.

  • Automatic Renewal Limitation for TIPS Sales No TIPS Sale may incorporate an automatic renewal clause that exceeds month to month terms with which the TIPS Member must comply. All renewal terms incorporated into a TIPS Sale Supplemental Agreement shall only be valid and enforceable when Vendor received written confirmation of acceptance of the renewal term from the TIPS Member for the specific renewal term. The purpose of this clause is to avoid a TIPS Member inadvertently renewing an Agreement during a period in which the governing body of the TIPS Member has not properly appropriated and budgeted the funds to satisfy the Agreement renewal. Any TIPS Sale Supplemental Agreement containing an “Automatic Renewal” clause that conflicts with these terms is rendered void and unenforceable.

  • Automatic Extension At the end of the initial term and any subsequent ------------------- term, this Agreement shall automatically renewed for a five (5) year term unless one of the parties provides the other party with written notice of intent not to renew, not less than one hundred eighty (180) day prior to the expiration of the then current term.

  • Revocation Period Executive has the right to revoke this Agreement for up to seven days after he signs it. In order to revoke this Agreement, Executive must sign and send a written notice of the decision to do so, addressed to [NAME] at [INSERT TITLE, AND ADDRESS], and that written notice must be received by Company no later than the eighth day after Executive signed this Agreement. If Executive revokes this Agreement, Executive will not be entitled to any of the consideration from Company described in paragraph 2 above.