By the Recipient Sample Clauses

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By the Recipient. The Recipient may, at its option, by resolution of its Board of Directors terminate this Agreement in the event that the Provider fails to perform any of its material obligations hereunder and such default continues for a period of ninety (90) days after written demand for performance given to the Provider by a person authorized to give such demand by the Board of Directors of the Recipient.
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By the Recipient. To terminate its account for SherWeb’s material breach of the terms or conditions of this Agreement, the Recipient shall provide to SherWeb's legal department in writing, in accordance to section 13.12 hereunder, the details of SherWeb’s material breach and allow SherWeb thirty (30) days to cure any such violation prior to termination of this Agreement. The Recipient may only terminate this Agreement if SherWeb fails to cure the alleged material breach within such thirty (30) days delay.
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By the Recipient. The Recipient agrees that if, in the course of performing the Services, it is necessary for MTS to access the Recipient’s equipment or use the Recipient’s Technology and Assets, MTS is hereby granted and shall have a non-exclusive, royalty-free license, during the Term, upon reasonable notice and at a reasonable time to access the equipment and use the Recipient’s Technology and Assets solely for the purposes of delivering the Services to the Recipient. MTS shall have no right to use the Recipient’s Technology and Assets for any purpose other than providing the Services to the Recipient, nor for any unlawful purpose.
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By the Recipient. The Recipient may, at its sole option, terminate this Agreement by giving written notice of termination to the Recipient at least thirty (30) days prior to the date of such termination, conditioned as follows: a) If by reason of any applicable legislation or act of the governments of the countries of either Party, the performance of any material obligations under this Agreement are or become prohibited; or b) If for any reason other than the default of the Recipient, the Provider fails or is unable to perform any of its material obligations under this Agreement, and such default continues for thirty (30) days or more after written demand for performance given to the Provider by a person authorized to give such demand by the Board of Directors of the Recipient; and c) If Recipient initiates termination and/or is unable to perform its obligations hereunder for any reason, then seventy percent (70%) of the Shares or the equivalent value of the Shares if previously sold and liquidated by the Provider shall be forfeited and returned to the Recipient within thirty (30) days of such termination. To be clear, in the spirit of this Agreement, if the notice of termination occurs prior to January 1, 2015, the Recipient may at its sole discretion deem the Provider fully paid and consequently not deliver and/or effectuate a cancellation of the portion of the Shares expected to be provided or to vest on January 1, 2015.
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By the Recipient. The Recipient shall indemnify, defend and hold harmless the Service Provider and its Affiliates from and against, and shall promptly pay or reimburse the Service Provider and its Affiliates for, any and all Losses sustained or incurred by the Service Provider or any of its Affiliates relating to, arising out of, or resulting from, the gross negligence or willful misconduct of the Recipient or its Affiliates in connection with the receipt of any Services by the Recipient.
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By the Recipient. The Recipient may, at its sole option, terminate this Agreement in the event that the Provider fails to perform any of its material obligations hereunder and such default continues for a period of ninety (90) days after written demand for performance given to the Provider by a person authorized to give such demand by the Board of Directors of the Recipient. In the event of a Termination, the Recipient’s obligations to pay the Provider on Qualified Contracts for any existing or potential clients will remain intact and will default to 20% of gross revenues received in any form of compensation received (cash or equity). At the time of Termination, the Provider shall be required to provide a list of all introductions made through the date of termination. Additionally, Provider will have the right to exercise any outstanding warrants and/or options up to 180 days after Termination.
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Related to By the Recipient

  • Representative of the Recipient; Addresses Section 7.01. The Minister of Finance of the Recipient is designated as representative of the Recipient for the purposes of Section 11.03 of the General Conditions.

  • Vendors Any vendors engaged by Tenant to perform services in or to the Premises including, without limitation, janitorial contractors and moving contractors shall be coordinated with any work being performed by or for Landlord and in such manner as to maintain harmonious labor relations and not to damage the Building or the Property or interfere with Building construction or operation and shall be performed by vendors first approved by Landlord.

  • Vendor upon request and without further consideration, shall perform any acts that may be deemed reasonably necessary or desirable by Customer to evidence more fully the transfer of ownership and/or registration of all Intellectual Property Rights in all Work Product to Customer to the fullest extent possible, including but not limited to the execution, acknowledgement and delivery of such further documents in a form determined by Customer. In the event Customer shall be unable to obtain Vendor’s signature due to the dissolution of Vendor or Vendor’s unreasonable failure to respond to Customer’s repeated requests for such signature on any document reasonably necessary for any purpose set forth in the foregoing sentence, Vendor hereby irrevocably designates and appoints Customer and its duly authorized officers and agents as Vendor’s agent and Vendor’s attorney-in-fact to act for and in Vendor’s behalf and stead to execute and file any such document and to do all other lawfully permitted acts to further any such purpose with the same force and effect as if executed and delivered by Vendor, provided however that no such grant of right to Customer is applicable if Vendor fails to execute any document due to a good faith dispute by Vendor with respect to such document. It is understood that such power is coupled with an interest and is therefore irrevocable. Customer shall have the full and sole power to prosecute such applications and to take all other action concerning the Work Product, and Vendor shall cooperate, at Customer’s sole expense, in the preparation and prosecution of all such applications and in any legal actions and proceedings concerning the Work Product.

  • of the Receipt All fees and charges so payable may, at any time and from time to time, be changed by agreement between the Depositary and the Company, but, in the case of fees and charges payable by Holders and Beneficial Owners, only in the manner contemplated in Section 6.1 hereof. The Depositary shall provide, without charge, a copy of its latest fee schedule to anyone upon request. The Depositary and the Company may reach separate agreement in relation to the payment of any additional remuneration to the Depositary in respect of any exceptional duties which the Depositary finds necessary or desirable and agreed by both parties in the performance of its obligations hereunder and in respect of the actual costs and expenses of the Depositary in respect of any notices required to be given to the Holders in accordance with Article (20) of the Receipt. In connection with any payment by the Company to the Depositary:

  • Customer Affiliates Customer Affiliates may purchase and use Service subscription and Professional Services subject to the terms of this Agreement by executing Order Forms or Statements of Work hereunder that incorporate by reference the terms of this Agreement, and in each such case, all references in this Agreement to Customer shall be deemed to refer to such Customer Affiliate for purposes of such Order Form or Statements of Work.