Exit Strategy Clause Samples

Exit Strategy. 17.1 The Parties recognise that in the event of the BID Arrangements coming to an end and not being renewed in accordance with statutory provisions and/or in the event of this Agreement expiring by any means the Parties will need to agree an Exit Strategy how Services within the BID Area will continue to be provided. 17.2 Either Party may give notice to the other either, (a) when serving notice under Clause 11 (disagreements) or (b) at any time not before the fourth anniversary of the Effective Date, requiring the other party to attend a meeting or meetings to prepare an agreed Exit Strategy. 17.3 Failure on the part of either Party to respond to such a request or to agree an Exit Strategy will entitle the other Party to invoke the disagreements procedure set out in Clause 11.

Exit Strategy. 32.1 On termination of the Contract, at any time and for whatever reason, the Authority shall not be liable for additional charge(s) other than those the Contract conditions that apportion liability to the Authority in respect of the winding up of the Contract, for the handover by the Contractor, to any successor Contractor or the Authority, of all the data relevant to the performance of this work by that successor Contractor. 32.2 To provide for the possibility of a handover to either a successor Contractor or the Authority on termination of the Contract, the Contractor shall make available, in a format which he would expect were he the successor contractor, the following: All relevant support documentation including repair specification and hardware. All Ministry holdings. All reports, databases, software etc produced over the period of the Contract. 32.3 The handover shall include a provision within a 12 month period from termination of the Contract, for any successor contractor or the Authority to be directed by the present Contractor, in all matters that the successor contractor or Authority may raise as relevant to the past and/or future performance of work under the Contract.

Exit Strategy. 9.1 If at the end of the 5 year MAA: (i) NICE does not recommend ataluren for NHS funding, NHS England funding for ataluren will cease to be available for all patients and treatment will cease (in which case cessation shall be managed between the MAH and NHS England to ensure it is effected in a controlled manner); (ii) NICE recommends ataluren for NHS funding, further funding from NHS England will not be automatic and will be conditional on the agreement of commercial terms in relation to such funding between NHS England and the MAH. 9.2 The cessation of funding under this MAA and the conditionality of further funding as specified in clause 9.1 above apply notwithstanding any desire which patients and their NHS clinicians may have for continued treatment with ataluren. NHS England and the MAH shall use their reasonable endeavours to ensure that any patient being treated with ataluren which is funded by NHS England under this MAA is made aware of these funding limitations and accepts them when they sign the Patient Agreement (Appendix 2).

Exit Strategy. The Steering Group shall establish a Sustainability Sub-Group to plan for the future development of the [insert details and descriptions of the Deliverables] ‘the Deliverables’. The Steering Group shall hold two Special Meetings, the first twelve months prior to the end of the Project, and the second at the end of the Project, whose business shall be exclusively to develop a suitable strategy or strategies for future development of the Deliverables, including the pursuit of additional funding from appropriate sources. In the event that additional funding is secured for future development of the Deliverables, the Steering Group shall be responsible for making such financial and administrative arrangements as are necessary to secure the effective and efficient continuation of the Consortium including any necessary revisions of this Consortium Agreement, for approval by the Parties.

Exit Strategy. Sellers, B▇▇▇▇▇ and D▇▇▇▇▇▇▇ agree and covenant that: (1) Sellers, B▇▇▇▇▇ and D▇▇▇▇▇▇▇ shall cause Sellers to evaluate and seriously consider a sale of Sellers or "taking Sellers public" within 60 months following the First Tranche Closing Date; (2) Buyer or Buyer's designee shall have a 60-day right of first refusal to purchase all Sellers together, or a Seller individually, or any portion of any Seller, if the decision is made to sell such Seller(s) or portion thereof, but if Buyer or Buyer's designee for any reason does not exercise such right of first refusal then Buyer shall have so-called "tag along" rights in any such sale, and such Seller(s) shall have so-called "drag along" rights in any such sale; and (3) Buyer shall have so-called "tag along" rights in any "going public" transaction and Sellers shall have so-called "drag along" rights in any "going public" transaction.

Exit Strategy. 1. In order for the property to obtain an ad valorem tax exemption, the General Partner shall at all times have an option to compel title to the property. During the initial tax credit compliance period, this option price will be at a price satisfactory to the Investor Limited Partner so as to reimburse the Investor Limited Partner all Capital Contributions plus costs, expenses and lost profits if in the event the option is exercised. From and after the end of the initial tax credit compliance period, the purchase option shall be at fair market value. 2. The Special Limited Partner desires at the end of the 15 years to re- syndicate and rehabilitate the project and proceed in the same fashion as contemplated by this agreement. In the event that the General Partner and Special Limited Partner elect at the end of the tax credit compliance period to re-syndicate the Project to allow for additional improvements and to maintain the Project as affordable housing, the parties will enter into an agreement for the re-syndication under substantially the same terms and conditions as contained in this MOU.

Exit Strategy. Platinum shall use commercially reasonable efforts in order to terminate the need for the Services as soon as reasonably practicable following the Closing Date (the "TRANSITION"), and in order to accomplish this Transition, Platinum will need assistance from the employees, contractors or managed vendors of St. ▇▇▇▇. St. ▇▇▇▇ agrees to assign its Transition coordinator (as set forth in paragraph (ii) below) and to provide other reasonably necessary assistance to allow Platinum and its Post-closing Subsidiaries to exit St. Paul's systems in a timely and efficient manner.

Exit Strategy. Option 1: ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ 18.1. No party shall assign, mortgage, charge, or otherwise encumber, ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ 75 % ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

Exit Strategy. The Lothian & Borders Safety Camera Partnership’s Operational Case is based on a cash flow analysis with capital and revenue expenditure for each active participant being fully grant funded in the current year of projected expenditure. To ensure the integrity of these projections (except in the case of a general dissolution) no participant will be afforded the option of exiting the scheme until 31 March of each financial year and in any event must provide a minimum period of six months notice i.e. notice of any such intention to leave the programme must be intimated to the Project Board by 30 September in the preceding year. Any participant with an intention of leaving the programme must declare such to the Project Board in the first instance. This option will be available to each active participant on an ongoing year-by- year basis. Any participant wishing to exit the programme and by so doing place an extra financial burden on the remaining participants. In this instance they will recover their outstanding costs on a pro rata basis along with other participants.