Term and Termination 6 Sample Clauses

Term and Termination 6. Vigencia y Terminación

Term and Termination 6. Prazo e Rescisão

Term and Termination 6. Durée et résiliation

Term and Termination 6. 1 Term The Term of this Agreement commences on the Commencement Date and continues for twelve (12) months unless it is terminated earlier in accordance with its terms.

Term and Termination 6. 1 Each Party agree that regardless of the actual dates on which both parties sign this Agreement, this Agreement shall become retroactively effective as of April 2023 (the “Effective Date”) and shall remain in force unless terminated in accordance with this Section 6. Both Parties acknowledge and agree that the TT and PP Vehicles shall only be supplied by the Seller to the Buyer during certain corresponding phases of the corresponding models in accordance with the development milestones. 6.2 Either Party shall be entitled to terminate this Agreement with immediate effect in the event: (a) the other Party commits a material breach of the terms of this Agreement (including the Buyer failing to pay the Prices without any legal or contractual ground), which has not been remedied within sixty (60) days from written notice from the other Party to remedy such breach (if capable of being remedied); or GEE23-046 TT and PP Vehicle Supply Agreement 8(10) (b) if the other Party should become insolvent or enter into negotiations on composition with its creditors or a petition in bankruptcy should be filed by it or it should make an assignment for the benefit of its creditors. 6.3 Buyer shall in addition be entitled to terminate the Agreement for convenience upon sixty (60) days´ written notice to the Seller. 6.4 Should the Buyer terminate this Agreement without any legal or contractual ground, the Buyer shall reimburse the Seller for any actual costs and expenses incurred by the Seller due to the Buyer’s cancellation and which the Seller is unable to mitigate. 6.5 After expiry or termination of this Agreement (except for situations where the Seller has terminated this Agreement due to material breach by the Buyer), the Seller shall continue to supply the PP and TT Vehicles to the Buyer in accordance with the terms of this Agreement, but only to the extent required to fulfil any Purchase Orders and call-offs executed prior to the termination of this Agreement. 6.6 After expiry or termination of this Agreement, the Buyer shall continue to, in accordance with the terms of this Agreement, fulfill its payment obligations of such Purchase Orders and call- offs executed prior to the termination of this Agreement. 7. COMPLIANCE 7.1 Section 21 (Compliance with Laws) under the [***] Manufacturing and Vehicle Supply Agreement (Export) entered into among Polestar Performance AB, Ningbo Hangzhou Bay Geely Automotive Parts Co., Ltd.,Zhejiang Geely Automobile Co., Ltd. Ningbo Hangzho...

Term and Termination 6. 1 The term of this AGREEMENT is from the EFFECTIVE DATE to the full end of the term or terms for which PATENT RIGHTS have not expired or, if only TECHNOLOGY RIGHTS are licensed and no PATENT RIGHTS are applicable, then for a period of 20 years. 6.2 Any time after 1 year from the EFFECTIVE DATE, BOARD and UT SOUTHWESTERN have the right to terminate this license in any national political jurisdiction within the TERRITORY if LICENSEE, within 90 days after receiving written notice from UT SOUTHWESTERN of the intended termination, fails to provide written evidence satisfactory to UT SOUTHWESTERN that LICENSEE or its sublicensee(s) has: a. SALES in such jurisdiction; or b. an effective, ongoing and active research, development, manufacturing, marketing or sales program as appropriate, directed toward obtaining regulatory approval, and/or production and/or SALES in any jurisdiction in accordance with LICENSEE'S business, legal, medical and scientific judgment and LICENSEE'S normal practices and procedures for products having similar technical and commercial potential.

Term and Termination 6. Section 4.1 Term 6 Section 4.2 Early Termination 6 Section 4.3 Information Transmission 6 Section 4.4 Termination Assistance 6

Term and Termination 6. 1 The term of this Agreement shall commence on the Effective Date, and shall remain in effect for a period of thirty-six (36) months from and after the Effective Date unless earlier terminated or renewed as provided herein. The term of this Agreement should be automatically renewed for consecutive eighteen (18) month periods(s), unless written notice to the contrary is received by either party from the other at least six (6) months prior to the expiration of the then current term.

Term and Termination 6. 1 This Agreement shall come into force on the date of its signing by both parties and shall remain in force until its termination in accordance with this article 6. Order Forms under this Agreement shall come into force on the date the Service is delivered and shall remain in force until Service provided under the Order Form is terminated in accordance with this article 6. 6.2 After the initial Service contract duration, as set out on the Order Form, Order Forms under this Agreement can be terminated at any time by any of the parties by means of a written notice to the other party with a notice period of one month. In that case, the Service contract for that Order Form is terminated 30 days after the date on which the written notice was received. 6.3 Each of the parties is at any time entitled to terminate the Service contract on the Order Form by means of a written notice to the other party: - if the other party, after an appropriate default notice and the lapse of a reasonable term for remedy, is in breach with one or more of its obligations under this agreement;; - the other party is dissolved ("ontbonden"), is declared bankrupt or applies for a general suspension of payments ("surséance van betaling"). The obligation of Contracting Party to pay for Services provided up to the moment of such Termination remains in force. 6.4 Any termination is effective only for the future and entails no obligation for the parties to return or refund any benefits received until the moment of termination. Upon termination of this agreement Contracting Party will immediately return to the NL-ix Operator the NL-ix delivered goods and/or NL-ix IP-address(es) provided for operational use under this agreement. ----------------------------- Article 7.