Discontinue Disposition Sample Clauses

The Discontinue Disposition clause outlines the procedures and rights related to halting or withdrawing from a particular process, transaction, or legal action. In practice, this clause may specify the steps a party must take to formally discontinue their involvement, such as providing written notice or fulfilling certain conditions before withdrawal is effective. Its core function is to provide a clear mechanism for parties to exit an ongoing matter, thereby reducing uncertainty and potential disputes about how discontinuation should be handled.
Discontinue Disposition. Each Holder agrees that upon receipt of any notice from the Company of the happening of any event of the kind described in Section 1.3(f), such Holder shall immediately discontinue such Holder's disposition of Registrable Securities pursuant to the registration statement covering such Registrable Securities until such Holder is informed by the Company that the Holder may dispose of Registrable Securities pursuant to the registration statement covering such Registrable Securities.
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Related to Discontinue Disposition

  • Discontinued Disposition By its acquisition of Registrable Securities, each Holder agrees that, upon receipt of a notice from the Company of the occurrence of any event of the kind described in Section 3(d)(iii) through (vi), such Holder will forthwith discontinue disposition of such Registrable Securities under a Registration Statement until it is advised in writing (the “Advice”) by the Company that the use of the applicable Prospectus (as it may have been supplemented or amended) may be resumed. The Company will use its best efforts to ensure that the use of the Prospectus may be resumed as promptly as is practicable. The Company agrees and acknowledges that any periods during which the Holder is required to discontinue the disposition of the Registrable Securities hereunder shall be subject to the provisions of Section 2(d).

  • Data Disposition When the contracted work has been completed or when the Data is no longer needed, except as noted above in Section 5.b, Data shall be returned to DSHS or destroyed. Media on which Data may be stored and associated acceptable methods of destruction are as follows: Data stored on: Will be destroyed by:

  • Final Disposition Notwithstanding any other provision in this Agreement, no determination as to entitlement to indemnification under this Agreement shall be required to be made prior to the final disposition of the Proceeding.

  • Disposition The HSP will not, without the Funder’s prior written consent, sell, lease or otherwise dispose of any assets purchased with Funding, the cost of which exceeded $25,000 at the time of purchase.

  • No Dispositions Except for the transfer of assets in the ordinary course of business consistent with prior practice, no party shall sell, lease, encumber or otherwise dispose of, or agree to sell, lease, encumber or otherwise dispose of, any of its assets, which are material, individually or in the aggregate, to such party.