Agreed Termination Sample Clauses

Agreed Termination amend the Intercreditor Agreement by adding the following as a new Clause 4.4A “Agreed Termination”: “Each Obligor shall have the right (but not the obligation) to terminate (in full or in part) any transaction under a Hedging Document with the prior written consent of the relevant Hedging Bank, provided that no Default (or a default under any other senior secured debt) has occurred and is continuing at such time”. In addition, amend Clause 4.4(a) of the Intercreditor Agreement to include a new limb that states “for payments required to be made by an Obligor to a Hedging Bank following the termination of any transaction (in full or in part) under a Hedging Document in accordance with Clause 4.4A”.
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Agreed Termination. The parties may agree to terminate the License at any time during the License Term in a writing signed by both parties.
Agreed Termination. The Parties can mutually agree to terminate this Localization Agreement in writing on terms mutually agreed upon at the time of termination.
Agreed Termination. 5.16 Activation of the time-out clause stated below.
Agreed Termination. The Office, the District, and the Company may mutually agree to terminate this Agreement. The Office in its sole discretion will determine if, as part of the agreed termination, the Company is required to pay any taxes it did not pay because of this Agreement.
Agreed Termination. This Agreement shall terminate at the end of the Term. Disposition of Ownership Interest Upon Expiration of the Term If one Party desires to continue operating the Tacoma LNG Facility beyond the expiration of the Term (the “Continuing Party”) and the other Party (the “Exiting Party”) desires to cease operations and decommission the Tacoma LNG Facility at the end of the Term, the Parties shall negotiate in good faith towards a mutually acceptable transfer of the Ownership Interests of the Exiting Party to the Continuing Party. Prior to any such transfer, PSE must give notice to the Commission. Puget LNG agrees to cooperate with PSE in connection with such notice. If the Parties fail to agree on such transfer then the provisions of Section 13.3 shall apply. Final Accounting and Settlement Upon termination of this Agreement, a final accounting of the operations of the Tacoma LNG Facility, including a balance sheet and a listing of the assets and liabilities of the Tacoma LNG Facility, shall be prepared and submitted to each Party. After paying or providing for payment of all liabilities, including liabilities to the Parties, after establishing reserves for contingent liabilities in the amounts that the Joint Operating Committee shall determine, after disposing or arranging for the disposition of all non-cash assets and property of the Tacoma LNG Facility, any funds remaining to the credit of the Tacoma LNG Facility shall be distributed to the Parties in accordance with their respective Ownership Interest. Whenever the Joint Operating Committee determines that all or any part of any reserve for contingent liabilities established by the Tacoma LNG Facility is no longer required for such purpose, the reserve or part thereof shall be distributed to the Parties in accordance with their respective Ownership Interests. Force Majeure Effect of Force Majeure Event An Affected Party is excused from performance and shall not be deemed in breach of this Agreement for so long as, and to the extent that, any failure to perform its obligations under this Agreement is due to a Force Majeure Event; provided, however, that under no circumstances will a Force Majeure Event excuse the Affected Party from any obligation to make payment of any amounts due hereunder (whether accruing prior to or after the occurrence of the Force Majeure Event). Suspension of any obligation as a result of a Force Majeure Event shall not affect any rights or obligations which may have accrued prior t...
Agreed Termination. This Contract may be terminated at any time by written agreement and in accordance with the ICCC Act between the Regulator and Post PNG.
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Agreed Termination. The lease shall not be terminated until the expiration of this Agreement. If Party B intends to terminate this Agreement early, it shall notify Party A two months in advance, and pay Party A a default fine of three months rent after obtaining Party A’s consent.
Agreed Termination. The Parties may mutually agree to terminate this Agreement before the end of its term or to modify in writing the same in accordance with the provisions hereof.

Related to Agreed Termination

  • Mutual Termination This Agreement, and the obligations of all Parties hereunder, may be terminated by mutual written agreement among all of the following: (a) the Required Consenting Stakeholders; and (b) each Company Party.

  • 1Termination This Agreement may be terminated by any Purchaser, as to such Purchaser’s obligations hereunder only and without any effect whatsoever on the obligations between the Company and the other Purchasers, by written notice to the other parties, if the Closing has not been consummated on or before the fifth (5th) Trading Day following the date hereof; provided, however, that no such termination will affect the right of any party to xxx for any breach by any other party (or parties).

  • Agreement Termination In the event Contractor is unable to fulfill its responsibilities under this Agreement for any reason whatsoever, including circumstances beyond its control, County may terminate this Agreement in whole or in part in the same manner as for breach hereof.

  • CONTRACT TERMINATION debarment. A breach of the contract clauses in 29 CFR 5.5 may be grounds for termination of the contract, and for debarment as a contractor and a subcontractor as provided in 29 CFR 5.12.

  • Required Termination If a court of competent jurisdiction or Government Authority issues a final non-appealable order or judgment holding that all or part of the Agreement or all or a part of the Services offered under the Agreement are in violation of any Law (each, a “Judgment”), the affected party has the right to terminate those portions of the Agreement that are part of such Judgment by providing the other party with written notice of its intent to terminate such portions of the Agreement, and subject to Section II.E, such termination of such portions of the Agreement will be effective as of the date specified in such notice.

  • Cross-Termination Notwithstanding any other provision of this Agreement, (1) BNY Mellon may terminate this Agreement by written notice to Voya if the accounting agreement between the Voya Funds and The Bank of New York Mellon is terminated by either the Voya Funds or The Bank of New York Mellon, effective on the date of termination of such accounting agreement, and (2) Voya may terminate this Agreement if the Voya Funds terminate their accounting agreement with The Bank of New York Mellon for cause, effective on the date of termination of such accounting agreement.

  • Company Termination The Company may at any time in its sole discretion terminate (a “Company Termination”) this Agreement and its right to initiate future Tranches by providing 30 days advanced written notice (“Termination Notice”) to Investor.

  • License Termination Customer may terminate the license for an ICA Program at any time on one month's written notice to IBM. For ICA Program licenses that Customer acquired for a one-time charge, replacement licenses may be acquired for an upgrade charge, if available. When Customer obtains licenses for these replacement ICA Programs, Customer agrees to terminate the license of the replaced ICA Programs when charges become due, unless IBM specifies otherwise. IBM may terminate Customer’s license if Customer fails to comply with the license terms. If IBM does so, Customer’s authorization to use the ICA Program is also terminated.

  • Waiver; Termination No failure on the part of the Parent to exercise any power, right, privilege or remedy under this Agreement, and no delay on the part of the Parent in exercising any power, right, privilege or remedy under this Agreement, shall operate as a waiver of such power, right, privilege or remedy; and no single or partial exercise of any such power, right, privilege or remedy shall preclude any other or further exercise thereof or of any other power, right, privilege or remedy. The Parent shall not be deemed to have waived any claim arising out of this Agreement, or any power, right, privilege or remedy under this Agreement, unless the waiver of such claim, power, right, privilege or remedy is expressly set forth in a written instrument duly executed and delivered on behalf of the Parent; and any such waiver shall not be applicable or have any effect except in the specific instance in which it is given. If the Merger Agreement is terminated, this Agreement shall thereupon terminate.

  • Cause Termination If your Termination Date occurs for reasons of Cause, all of your rights under this Agreement, whether or not vested, shall terminate immediately.

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