Additional Termination Provisions. Notwithstanding and in addition to the foregoing, in the event that (i) a Mortgage Loan becomes delinquent for a period of 90 days or more (a "Delinquent Mortgage Loan") or (ii) a Mortgage Loan becomes an REO Property, the Purchaser may at its election terminate this Agreement with respect to such Delinquent Mortgage Loan or REO Property, upon 15 days' written notice to the Seller.
Additional Termination Provisions. 15.3.1. The provisions of this paragraph 15.3 shall be without prejudice to the other provisions of this Agreement.
15.3.2. At the end of this Agreement, you shall be responsible for arranging for the Services to be provided by another supplier (“the New Supplier”)
15.3.3. In the event that we terminate this Agreement pursuant to the provisions of paragraphs 13.1 or 13.2, the provision of Services shall end with immediate effect upon the service of notice to you, in accordance with the provisions of those paragraphs.
15.3.4. If we terminate this Agreement pursuant to paragraph
15.1.1 or if you terminate this Agreement for any reason whatsoever, on receipt of your notice of termination we will apply Standard rates, applicable at the time, to all Services on your account to take effect following expiry of your notice period.
15.3.5. Once you have served your minimum notice requirement, we may serve you a minimum of 48 hours notice to suspend your Services. Following suspension of your Services under this paragraph you may request that Services are reconnected and agree these will be subject to a reconnection charge and a new minimum contract period. We will notify you of this charge and contract period at the time.
15.3.6. Should you serve your required notice and fail to move your Services to a new supplier then you agree you will remain liable for all Service Charges at our Standard Tariff rates until such time that the Services are transferred to a new supplier.
15.3.7. In the event we take the business decision to discontinue providing a particular Service in any jurisdiction we shall be entitled to terminate the Service Agreement in connection with such Service upon a six
Additional Termination Provisions. If (1) the long-term counterparty risk assessment of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as “A2(cr)” (the “Minimum Xxxxx’x Rating”, by Xxxxx’x Investors Service Inc. (“Moody’s”), (2) (i) the short-term issuer default rating (the “Fitch ST Rating”) or (ii) the derivative counterparty rating, if one is assigned, and if not, the long-term issuer default rating (as applicable, the “Xxxxx XX Rating”), in each case, of Party A or any Credit Support Provider of Party A, as applicable, ceases to be at least as high as, respectively, “F1” or “A” (the “Minimum Fitch Rating”, provided that, for greater certainty, only one of such ratings from Fitch is required to have the Minimum Fitch Rating) by Fitch Ratings, Inc. (“Fitch”), or (3) the short-term, unsecured, unsubordinated and unguaranteed debt obligations or the long-term, unsecured, unsubordinated and unguaranteed debt obligations of Party A or any Credit Support Provider from time to time in respect of Party A, as applicable, cease to be rated at least as high as, respectively, “R-1(low)” or “A” (the “Minimum DBRS Rating”, provided that, for greater certainty, only one of such ratings from DBRS is required to have the Minimum DBRS Rating and, together with the Minimum Xxxxx’x Rating and Minimum Fitch Rating, the “Minimum Ratings” and each a “Minimum Rating”) by DBRS Limited (“DBRS” and, together with Moody’s and Fitch and each of their respective successors, the “Rating Agencies” and each a “Rating Agency”), (each such cessation being an “Initial Rating Event”), then Party A will, at its own cost, either:
(A) Transfer credit support in accordance with the provisions of the ISDA Credit Support Annex within 14 calendar days of the occurrence of the first such Initial Rating Event;
(B) subject to Part 5(m), transfer all of its rights and obligations with respect to this Agreement to a replacement third party that satisfies the Minimum Ratings requirement of all Rating Agencies, subject to satisfaction of the Rating Agency Condition, and that is satisfactory to the Bond Trustee within (x) 30 Montreal Business Days of the occurrence of the first such Initial Rating Event caused by a downgrade by Moody’s or (y) 30 calendar days of the occurrence of the first such Initial Rating Event caused by a downgrade of DBRS or Fitch, provided that, in each case, Party A transfers credit support in accordance with the provisions of the ISDA Credit Support Annex within 14...
Additional Termination Provisions. Notwithstanding any provision in the Agreement, the following termination provisions shall apply to Provider if rendering services to Medicare Advantage, Medicaid or Reform Medicaid enrollees:
a. ILS Community Network may terminate the Agreement immediately upon request of Payor Plan due to Provider's loss or suspension of licensure or certification, or sanction by Medicare or applicable Medicaid program.
b. ILS Community Network may terminate the Agreement upon thirty (30) days prior written notice to Provider for Provider's failure to cooperate and/or comply with any of the provisions of the Agreement.
c. If Provider wishes to terminate the Agreement without cause, it must provide the other party with no less than sixty (60) days prior written notice.
Additional Termination Provisions. Upon receipt of a Notice of Termination, either for cause or for convenience, CONTRACTOR shall promptly discontinue the work unless the Notice directs to the contrary. CONTRACTOR shall deliver to the CITY and transfer title (if necessary) to all provided materials and completed work, and work in progress including drafts, documents, plans, forms, maps, products, graphics, computer programs and reports. The rights and remedies of the parties provided in this Section are in addition to any other rights and remedies provided by law or under this contract. CONTRACTOR acknowledges the CITY’s right to terminate this contract with or without cause as provided in this Section, and hereby waives any and all claims for damages that might arise from the CITY’s termination of this contract. The CITY shall not be liable for any costs other than the charges or portions thereof which are specified herein. CONTRACTOR shall not be entitled to payment for unperformed work or materials not provided, and shall not be entitled to damages or compensation for termination of work or supply of materials. If CITY terminates this contract for cause, and it is later determined that the termination for cause was wrongful, the termination shall automatically be converted to and treated as a termination for convenience. In such event, CONTRACTOR shall be entitled to receive only the amounts payable under this Section, and CONTRACTOR specifically waives any claim for any other amounts or damages, including, but not limited to, any claim for consequential damages or lost profits. The rights and remedies of the CITY provided in this Section shall not be exclusive and are in addition to any other rights and remedies provided by law, equity or under this contract including, but not limited to, the right to specific performance.
Additional Termination Provisions a. Upon execution of this Agreement funds appropriated by the State Legislature for the purpose of payment under the HHAP shall be made available for payment under this Agreement subject to the terms and conditions of this Agreement. However, in the unlikely eventuality that the Corporation determines that State funds are unavailable at any time during the duration of this Agreement, this Agreement may be terminated. The Corporation shall give timely written notice to the Sponsor in the event of termination under this paragraph. In the event of such termination the Corporation shall be obligated to pay the Sponsor only for expenditures made and obligations incurred by the Sponsor until such time as written notice of the termination is received by the Sponsor from the Corporation.
b. This Agreement may be terminated if the Corporation deems that termination would be in the best interest of the State, provided that the Corporation shall give written notice to the Sponsor not less than thirty days prior to the date upon which such termination shall become effective. In the event of such termination the Corporation shall pay the Sponsor for reasonable and appropriate expenses incurred in good faith. The Sponsor shall incur no new obligations after receipt of notification of termination and shall cancel as many outstanding obligations as possible.
Additional Termination Provisions. 10.1 The provisions of clause 9 shall be without prejudice to the other provisions of this Agreement.
10.2 Upon termination of this Agreement, you shall be responsible for arranging for the Service to be provided by another supplier.
Additional Termination Provisions. In the event that Rated Entity at any time ceases to maintain the Required Ratings, Bank shall, immediately upon becoming aware of such rating withdrawal or downgrade, make commercially reasonable efforts to take one of the following actions: (a) at Bank’s sole cost and expense, transfer all its interests in, and obligations under, the Transaction to another dealer registered or provisionally registered with the U.S. Commodity Futures Trading Commission as a swap dealer that has the Required Ratings and which agrees to assume in writing the obligations of Bank hereunder with respect to the Transaction; provided, that such replacement will not result in either (i) the imposition of withholding tax or deduction on payments to be made by and to Counterparty hereunder and (ii) no Event of Default or Termination Event will occur due to such transfer; (b) execute a Credit Support Annex reasonably acceptable to Counterparty which requires Bank to post collateral consisting of either (i) cash or (ii) negotiable debt obligations (excluding interest-only securities) issued by the U.S. Treasury Department having a remaining maturity of not more than one year in an amount equal to the greater of (x) the xxxx-to-market value of the Transaction or (y) the amount of next payment that is due under the Transaction; or (c) obtain a guaranty of Bank’s obligations under this Confirmation issued by a guarantor with the Required Ratings. For the purposes of this additional termination provision, (a) “Required Ratings” shall mean with respect to an entity (i) the entity has commercial paper or short-term deposit ratings which are equal to “A-1” or higher by S&P and “P-1” by Moody’s; (ii) if the entity does not have a commercial paper or short-term deposit rating, the entity has unsecured debt obligations which are rated at least “A-” by S&P and “A3” by Moody’s; and (iii) in the case of either (i) or (ii), the entity is not on negative watch for downgrade; (b) “Rated Entity” means Bank or Bank’s parent; (c) “Moody’s” means Xxxxx’x Investors Service, Inc., or its successor; and (d) “S&P” means Standard & Poor’s Rating Services, a division of The XxXxxx-Xxxx Companies, Inc., and its successors. If Bank fails or is unable to comply with its obligations set forth in the above paragraph, an Additional Termination Event shall occur with respect to the Transaction on the day that is 30 days following the failure to maintain the Required Ratings and in respect of which Bank shall be the ...
Additional Termination Provisions. (a) ASCAP shall have the right to terminate this license upon thirty days written notice if there is any major interference with, or substantial increase in the cost of ASCAP’s operations as the result of any law in the state, territory, dependency, possession or political subdivision in which LICENSEE is located or in which LICENSEE presents concerts which is applicable to the licensing of performing rights. In the event of such termination, ASCAP shall refund to LICENSEE any unearned license fees paid in advance.
(b) Notwithstanding the provisions of Paragraph 1.(b) above, ASCAP shall have the right to terminate this Agreement at any time upon thirty days written notice provided that ASCAP terminates all Blanket Concert and Recital Licenses at the same time.
Additional Termination Provisions. If the Authority removes any Goods from the Maintenance Inventory in accordance with Clause 7.1 of this Schedule 9 and no Goods will remain part the Maintenance Inventory following such removal, the Authority may terminate the Maintenance Services by giving a minimum of thirty (30) days written notice to the Supplier. Such notice may be given by the Authority at the same time as it gives the notice of removal of the last remaining Goods in accordance with the Clause 7.1 of this Schedule 9 or at any time afterwards. If the Supplier removes Goods from the Maintenance Inventory in accordance with Clause 8.1 of this Schedule 9 and no Goods will remain part of the Maintenance Inventory following such removal, the Authority may terminate the Maintenance Services by giving a minimum of thirty (30) days written notice to the Supplier. Such notice may be given by the Authority at any point after it receives the notice of removal of the last remaining Goods in accordance with Clause 8.1 of this Schedule 9 or at any time afterwards, but shall not take effect before the effective date of the removal of such Goods from the Maintenance Inventory. Following any termination of the Maintenance Services by the Authority in accordance with Clause 10.1 or Clause 10.2 of this Schedule 9, the Supplier shall make a full refund to the Authority in respect of the balance of the Contract Price paid in advance for the Maintenance Services for any period following such termination to the extent such balance has not already been paid to the Authority in accordance with Clause 9.1.2 of this Schedule 9. Such refund shall be paid automatically by the Supplier to the Authority within thirty (30) days following the effective termination date of this Contact.
