ANTICIPATED TERMINATION Sample Clauses

ANTICIPATED TERMINATION. SPI Software reserves the right to unilaterally terminate this contract, subject to a 60-day notice period in the following cases: - non-payment of installments; - disclosure to third parties of components of the software; - failure to comply with one of the conditions set out in the contract;
AutoNDA by SimpleDocs
ANTICIPATED TERMINATION. Based on Article 54 Bis of the" LAASSP" and 102 of its Regulations," LA SECRETARIAT "may terminate this contract in advance, when there are reasons of general interest, or when for justified reasons the need to request the services originally contracted is extinguished, or the total or partial nullity of the acts that gave origin is determined to the contract, on the occasion of the resolution of a disagreement issued by the Secretariat of Public Function or to agree to its interests and functions. In these cases " LA SECRETARIAT "will reimburse" EL PROVIDER "the non- recoverable expenses incurred, provided they are reasonable, are duly verified and directly related to this contract, in which case it will notify in writing to" EL PROVIDER "with 5 (five) calendar days in advance.
ANTICIPATED TERMINATION. From the lessor: a) In case of non-payment of rent b) When the tenant violates the duty of care and consideration towards the neighbors and / or non-compliance with the rules of SmallVille. a) When the description of the premises no longer corresponds to that of art. 1 Penalty grid in the event of early termination: In case of non showing during the move-in appointment, the sum paid for the reservation will be lost in its entirety.
ANTICIPATED TERMINATION. If the present agreement, for reasons attributable to TEXACO, is unilaterally terminated before the completion of the stipulated time period, TEXACO shall turn over ownership rights of the housing facility in question to RAYO-IV. Furthermore, in such circumstances, TEXACO will not have the right to make a legal and/or economic claim to the property. If the termination of the agreement should occur due to an emergency situation and/or circumstances related to National Security, TEXACO shall hand over the housing facility in question to RAYO-IV, further giving up the right to any legal or economic action relevant to the surrender of the facility.
ANTICIPATED TERMINATION. In accordance with Article 54 BIS of the LAASSP and 102 of the Regulations, THE SECRETARIAT shall be authorized to make an anticipated termination ofthe contract any time, which it may if it is in its interest and functions or when for justified cause the services originally contracted for are no longer required, a damage or prejudice to the State occurs or the circumstances which gave rise to the contract are totally or partially nullified, to resolve an inconformity issued by the Secretariat of Public Sector Services or to thereby satisfy its interests and functions. In these circumstances, THE SECRETARIAT will reimburse THE PROVIDER the irrecoverable expenses it has incurred, to the extent they are reasonable, are duly evidenced and relate directly to the contract, in which case it will be notified in writing to THE PROVIDER with 5 (five) days’ notice.
ANTICIPATED TERMINATION. In accordance with Article 54 BIS of the LAASSP and 102 of the Regulations, “THE SECRETARIAT” shall be authorized to make an anticipated termination of the contract at any time, which it may if it is in its interest and functions or when for justified cause the services originally contracted for are no longer required, a damage or prejudice to the State occurs or the circumstances which gave rise to the contract are totally or partially nullified, to resolve an inconformity issued by the Secretariat of Public Sector Services or to thereby satisfy its interests and functions, in which case it will be notified in writing to “THE PROVIDER” with 5 (five) days notice. Based on articles 53 ofthe "LAASSP", 95 and 96 of the Regulations of the "LAASSP", if "THE PROVIDER" incurred xxxx xxxxx in the terms established for the provision ofthe service object of this contract, the following shall apply: In case “THE PROVIDER” delays in the schedule of the work scope of this Agreement, there will be a penalty in the amount of 1 % (one percent) per calendar day of delay. If there is a determination that services are not being provided in a timely manner, which shall be determined based on the services not timely provided, penalties should not exceed the amount ofthe contract guarantee, nor exceed 10 (ten) calendar days, (established in Section II, Article 48 of the LAASSP) once these have occurred. “THE SECRETARIAT” may initiate a procedure to administratively rescind the contract, which will make effective compliance with the guarantee. Also, 'THE PROVIDER" will be bound to "THE SECRETARIAT" to answer for defects or hidden defects in the quality of services, and any other liability incurred under the terms stated in Article 53 of the "LAASSP.” In case of penalties, the General Directorate for North America will determine the application ofconventional penalties ofthe breach of obligations and will notify the General Directorate of Material Resources and General Services of the amount of said penalties for non-compliance so that, through The Contracts Directorate will notify "THE PROVIDER" ofthe conventional penalties and, where applicable, proceed to initiate the procedure for the termination of this contract, in which the guarantee ofcompliance thereof will be effective. Payment ofpenalties must be made through the payment methods established by the Internet portal xxx.x0xxxxx.xxxxxxxx.xxx.xx.
ANTICIPATED TERMINATION. In the event that one of the Parties has any reason for considering that the circumstances for the continuation of this Memorandum have changed in comparison to those that appertained at the time of its signature, the Parties shall seek to find a mutually acceptable adaptation of the Memorandum. Where it proves not to be possible to reach mutual agreement to adapt the Memorandum, either Party may unilaterally terminate it, provided it gives the other Party not less than three
AutoNDA by SimpleDocs
ANTICIPATED TERMINATION. Lessor shall have the right, at its sole discretion, to terminate this Agreement at any time [***] (such termination date, the “Anticipated Termination Date”) prior to the Term (an “Anticipated Termination”) by providing notice to Lessee, subject to the following: (a) The purpose of this subsection is to address the link that exists between this Agreement and the accounts receivable which stem from the provision of AGN services and to compensate Lessee for lost revenue in the event the Lessor effects an Anticipated Termination of this Agreement before [***] and ensure that Lessor does not receive the benefit of accounts receivable for a particular month if the Anticipated Termination Date occurs at any time prior to [***]. To this effect, subject to Section 1.5(c) hereof, Lessor shall pay to Lessee the product of (i) US$[***] plus the amount dictated by Mexican Value Added Tax and (ii) the number of months in 2011 for which Lessee has not issued monthly bills to its AGN customer (the “Bills”) (so, for example, if the Bills for December 2011 are sent on December 5, 2011 and the Anticipated Termination Date occurs on December 6, 2011, this subsection (a) would not apply, but if the bills for December 2011 were sent on December 5, 2011 and the Anticipated Termination Date occurs on December 1, 2011, Lessee shall be entitled to a payment of US$[***]). In the event the Anticipated Termination Date occurs before December 31, 2011 but on the same day that Lessee is issuing the Bills, then the Anticipated Termination shall be deemed to have occurred before the Bills are issued such that the Lessee is owed US$[***] and the Bills (and associated accounts receivable) are for Lessor’s benefit. (b) The purpose of this subsection (b) is to compensate Lessor for lost revenue in the event the Lessor effects an Anticipated Termination after [***] or this Agreement continues until the expiration of its Term on December 31, 2012. If the Anticipated Termination Date occurs after [***] (or if there is no termination of this Agreement before the expiration of the Term on December 31, 2012), Lessor shall be entitled to receive from Lessee an amount, in accordance with Section 1.5(c), equal to the product of (i) US$[***] plus the corresponding amount dictated by the Mexican Value Added Tax Law and (ii) the number of months in 2012 for which Lessee has issued monthly Bills to its customers prior to such Anticipated Termination or Expiration. Notwithstanding the foregoing, if Lesse...
ANTICIPATED TERMINATION. THE PARTIES" may termínate this Framework U, Collaboration Agreement in advance when there are justified causes, by writing a not1ce to th� other party, which must be made 60 business days in advance of the date on which it is intended to termínate tbe present instrument, signing in agreement "THE PARTIES" for its termination. In this case, the work that has been initiated on the occasion of Specifíc Agreements must be concluded, adopting the necessary measures to avoid damages to "THE PARTIES", as well as to third parties. Agreement: INAOE-2022-CMCI-N/19 ELEVENTH. FORTUITOUS EVENT OR FORCE MAJEURE. "THE PARTIES" shall not be liable for damages that may be caused by force majeure or fortuitous events, which prevent compliance with the purpose ofthis Framework Collaboration Agreement. Once these events have been overcome, the activities in the form and terms determined by the "THE PARTIES" will be restarted.
ANTICIPATED TERMINATION. Termination with Immediate Effect.- Either Party may at any time terminate this Agreement as of right prior to the end of its term, effective upon Notice to the other Party, if any of the following events occur: (a) either Party commits a material breach of any of its obligations hereunder which is not cured within one (1) month from the receipt of Notice identifying the breach and requiring its remedial; (b) either Party (i) becomes unable to pay its debts as they become due, (ii) suspends payment of its debts, (iii) enters into or becomes subject to corporate rehabilitation or bankruptcy proceedings or liquidation or dissolution, (iv) makes an assignment for the benefit of its creditors, or (v) seeks relief under similar laws for debtor’s relief; (c) subject to the terms of Article 5.2, the Starting Date is not met;. Unless otherwise provided herein, such termination as of right shall be in addition to any other remedy the non-breaching Party may have due to the other Party’s breach of its obligations hereunder and shall occur without the need to have recourse to any judicial authority whatsoever.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!