Partial Terminations Sample Clauses
The Partial Terminations clause allows one or both parties to terminate specific parts or portions of a contract without ending the entire agreement. In practice, this means that certain deliverables, services, or obligations can be discontinued while the rest of the contract remains in effect. This clause is particularly useful when only a segment of the contractual relationship is no longer needed or feasible, providing flexibility and minimizing disruption to the remaining terms.
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Partial Terminations. NAMS shall be entitled to terminate MENTOR's exclusive marketing and distribution rights with respect to a specific Geographic Market Area as provided in Section 5.6, above, if the parties are unable to develop marketing plans and strategies that enable MENTOR to attain and retain the Target Market Share, but no such termination shall be deemed to be a termination for cause or to entitle NAMS to recover damages or any other amounts from MENTOR. Should NAMS exercise such right, then MENTOR shall be entitled to terminate this Agreement, or to begin manufacturing the Product or procuring it from other sources for distribution in such Geographic Market Area as provided by Section 5.9, above.
Partial Terminations. If DIR chooses to terminate only a portion of this Agreement and any DIR Customer Service Proposal’s resulting from this Agreement, the Charges and applicable Termination Charges shall be adjusted downward in accordance with Exhibit 4, to the extent applicable, or equitably adjusted downward in proportion to the portion of the Services that Service Provider shall not be providing to the extent that Exhibit 4 does not provide for such reduction.
Partial Terminations. If DIR chooses to terminate only a portion of this Agreement, the Charges and applicable Termination Charges, if any, shall be adjusted downward in accordance with Exhibit 2 Pricing, to the extent applicable, or equitably adjusted downward in proportion to the portion of the Services that Successful Respondent shall not be providing to the extent that Exhibit 2 Pricing does not provide for such reduction.
Partial Terminations. In the event of a Partial Termination, the Committee shall have the right in its sole discretion to modify the terms of any unvested Options then held by the Employee at the time of the Partial Termination, including, without limitation, the right to immediately terminate without notice of any kind all rights the Employee has in any unvested Options then held by the Employee at the time of the Partial Termination.
Partial Terminations. Where HPI may terminate this Agreement in part, HPI may terminate a Tower, Sub-Tower or multiple Towers or Sub-Towers. If HPI chooses to terminate this Agreement in part, the Charges payable under this Agreement will be adjusted as follows: (A) if this entire Agreement is terminated, all Charges will cease, (B) if a partial termination eliminates a Tower altogether, then all Charges for that Tower will cease, (C) if a partial termination eliminates a Service altogether, then all Charges for that Service will cease (subject to any adjustments provided by Schedule 5), and (D) if a partial termination reduces the volume of a Service provided but does not eliminate the Service, then the Charges will be adjusted in accordance with the applicable Charges Methodology.
Partial Terminations. If OCA chooses to terminate only a portion of this Agreement, the Charges shall be equitably adjusted downward in proportion to the portion of the Services that Contractor shall not be providing.
Partial Terminations. This Agreement shall terminate with respect to a Named Compound upon removal of such Named Compound from Schedule 1.65 pursuant to Section 5.2.2 or Section 6.14. This Agreement shall terminate with respect to a Named Indication upon removal of such Named Indication from Schedule 1.66 pursuant to Section 5.2.2 or Section 6.14.
Partial Terminations. (i) Upon the termination of, and satisfaction in full of all of the obligations under, a Class of Secured Obligations (other than contingent indemnification obligations), the applicable Holder Representatives shall promptly provide written notice to the Collateral Agent stating that the conditions for release of Collateral under the Secured Instruments for such Class have been satisfied. Upon the Collateral Agent’s receipt of such written notice from the Holder Representative under a Class of Secured Obligations, the Secured Obligations under such Secured Instruments comprising such Class shall no longer be secured by the Collateral. Upon the Collateral Agent’s (i) receipt of such written notice from all Holder Representatives and (ii) confirmation of payment in full of all Collateral Agent Fees then due and owing, the security interests created by the Security Documents in and to the Collateral in favor of the Secured Parties of such Class shall terminate forthwith and all right, title and interest of the Collateral Agent therein held on behalf of such Class of Secured Obligations shall revert to the Grantors, their successors and assigns.
(ii) Upon the termination of the Collateral Agent’s interest in Credit Facility First Priority Collateral and Shared Collateral on behalf of the holders of Credit Facility Obligations and Other Secured Notes Pari Passu Lien Obligations in accordance with Section 6.12(a)(i), the Secured Notes Indenture Obligations shall no longer be secured by the Credit Facility First Priority Collateral and the Shared Collateral, and the security interests created by the Security Documents in and to the Credit Facility First Priority Collateral and the Shared Collateral in favor of the Noteholder Secured Parties shall terminate forthwith and all right, title and interest of the Collateral Agent therein held on behalf of Noteholder Secured Parties shall revert to the Grantors, their successors and assigns.
Partial Terminations. For partial terminations of services, such as individual mailboxes and options or a change in the number of users, the aforementioned dead- lines and terms shall also apply. The customer must ensure in advance that a corresponding number of services are shown as "available" in his quota (according to the homepage in the administration center or cloud manager) and can be deleted without any queries. If partial ser- vices to be terminated are not available or are "allocated," the termi- nation is not implemented.
Partial Terminations. In the case of Partial Terminations under Section 12.5, the effects of termination described in this Section 12.5 shall apply only to the Products as to which this Agreement has terminated, and shall not apply to those Products for which this Agreement remains in effect.