No Termination Due Sample Clauses

The "No Termination Due" clause establishes that a party is not permitted to terminate the agreement solely because a specific event or circumstance has occurred. In practice, this means that even if certain conditions arise—such as delays, changes in law, or other disruptions—the affected party cannot use these as grounds to end the contract unless other termination rights are explicitly provided elsewhere in the agreement. This clause serves to provide stability and predictability in contractual relationships by preventing premature or opportunistic termination based on specified events.
No Termination Due to Retirement shall be treated as a Voluntary Termination After 180 Days for purposes of this Section 6, notwithstanding the fact that the Date of Termination for such Termination Due to Retirement may occur within 180 days following a Change of Control.
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No Termination Due to Retirement shall be treated as a Voluntary Termination After 180 Days for purposes of this Section 6, notwithstanding the fact that the Date of Termination for such Termination Due to Retirement may occur within 180 days following a Change of Control. ==================================================================================================== BENEFITS PAYABLE: CHANGE OF CONTROL ======================== ================ ================== =============== ======================= BENEFIT Accrued Salary Pro Rata Target Severance Equity Awards Bonus Payment ======================== ================ ================== =============== =======================
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No Termination Due to Retirement shall be treated as a Voluntary Termination After 180 Days for purposes of this Section 6, notwithstanding the fact that the Date of Termination for such Termination Due to Retirement may occur within 180 days following a Change of Control. ==================================================================================================== BENEFITS PAYABLE: CHANGE OF CONTROL ==================================================================================================== BENEFIT Accrued Salary Pro Rata Target Severance Equity Awards Bonus Payment ==================================================================================================== FORM OF PAYMENT Lump Sum Lump Sum Lump Sum Determined Under the Applicable Plan ==================================================================================================== Termination For Cause Payable Not Payable Not Payable Determined Under the Applicable Plan ---------------------------------------------------------------------------------------------------- Termination Without Payable Payable Payable Determined Under the Cause Applicable Plan ---------------------------------------------------------------------------------------------------- Voluntary Termination Payable Payable Payable Determined Under the Within Applicable Plan 180 Days ---------------------------------------------------------------------------------------------------- Voluntary Payable Not Payable Not Payable Determined Under the Termination Applicable Plan After 180 Days ---------------------------------------------------------------------------------------------------- Termination For Good Payable Payable Payable Determined Under the Reason Applicable Plan ---------------------------------------------------------------------------------------------------- Termination Due to Payable Determined Under Not Payable Determined Under the Retirement the Applicable Plan Applicable Plan ---------------------------------------------------------------------------------------------------- Termination Due to Payable Payable Not Payable Determined Under the Disability Applicable Plan ---------------------------------------------------------------------------------------------------- Termination Due to Payable Payable Not Payable Determined Under the Death Applicable Plan ---------------------------------------------------------------------------------------------------- ===========================================================...
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Related to No Termination Due

  • No Termination This is a continuing irrevocable guaranty and shall remain in full force and effect and be binding upon the undersigned, and each of the undersigned's successors and assigns, until all of the Obligations have been paid in full and Laurus' obligation to extend credit pursuant to the Documents has been irrevocably terminated. If any of the present or future Obligations are guarantied by persons, partnerships or corporations in addition to the undersigned, the death, release or discharge in whole or in part or the bankruptcy, merger, consolidation, incorporation, liquidation or dissolution of one or more of them shall not discharge or affect the liabilities of any undersigned under this Guaranty.

  • No Termination Event There shall not have occurred any event that would permit the Agent to terminate this Agreement pursuant to Section 12(a).

  • No Termination, Abatement, Etc Except as otherwise specifically provided in this Agreement, each of Landlord and Tenant, to the maximum extent permitted by law, shall remain bound by this Agreement in accordance with its terms and shall not take any action without the consent of the other to modify, surrender or terminate this Agreement. In addition, except as otherwise expressly provided in this Agreement, Tenant shall not seek, or be entitled to, any abatement, deduction, deferment or reduction of the Rent, or set-off against the Rent, nor shall the respective obligations of Landlord and Tenant be otherwise affected by reason of (a) any damage to or destruction of the Leased Property, or any portion thereof, from whatever cause or any Condemnation, (b) the lawful or unlawful prohibition of, or restriction upon, Tenant’s use of the Leased Property, or any portion thereof, or the interference with such use by any Person or by reason of eviction by paramount title; (c) any claim which Tenant may have against Landlord by reason of any default (other than a monetary default) or breach of any warranty by Landlord under this Agreement or any other agreement between Landlord and Tenant, or to which Landlord and Tenant are parties; (d) any bankruptcy, insolvency, reorganization, composition, readjustment, liquidation, dissolution, winding up or other proceedings affecting Landlord or any assignee or transferee of Landlord; or (e) for any other cause whether similar or dissimilar to any of the foregoing (other than a monetary default by Landlord). Except as otherwise specifically provided in this Agreement, Tenant hereby waives all rights arising from any occurrence whatsoever, which may now or hereafter be conferred upon it by law (a) to modify, surrender or terminate this Agreement or quit or surrender the Leased Property, or any portion thereof, or (b) which would entitle Tenant to any abatement, reduction, suspension or deferment of the Rent or other sums payable or other obligations to be performed by Tenant hereunder. The obligations of Tenant hereunder shall be separate and independent covenants and agreements, and the Rent and all other sums payable by Tenant hereunder shall continue to be payable in all events unless the obligations to pay the same shall be terminated pursuant to the express provisions of this Agreement.

  • Effect of Termination or Expiration Upon any termination of this ▇▇▇▇, or license granted pursuant to this ▇▇▇▇, or upon expiration of a term license: (a) all Software Licenses will immediately terminate; (b) Licensee will immediately cease all use of the Software; and (c) Licensee must either deliver to OT or destroy all copies of Software, Documentation, and OT confidential information in Licensee’s possession or control. Within 15 days after termination, an authorized representative of Licensee must certify in writing that all copies have been delivered to OT or destroyed. Any terms in this ▇▇▇▇ which by their nature extend beyond termination or expiration of this ▇▇▇▇ will remain in effect until fulfilled.

  • Delivery upon Termination or Expiration No later than the first calendar day after the termination or expiration of the Grant Agreement or upon System Agency’s request, Grantee shall deliver to System Agency all completed, or partially completed, Work Product, including any Incorporated Pre-existing Works, and any and all versions thereof. Grantee’s failure to timely deliver such Work Product is a material breach of the Grant Agreement. Grantee will not retain any copies of the Work Product or any documentation or other products or results of Grantee’s activities under the Grant Agreement without the prior written consent of System Agency.