By the Principal Sample Clauses

By the Principal. (a) The Principal may terminate this Agreement immediately at any time and for whatever reason upon giving written notice to the Artist. Upon such termination the Fee paid or payable to the Artist shall be adjusted either by additional payment or refund by either party according to the amount of artistic work done by the Artist in pursuance of this Agreement up to the date of receiving such notice.
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By the Principal. The Principal may terminate this Agreement immediately at any time and for whatever reason upon giving written notice to the Artist. Upon such termination the Fee paid or payable to the Artist shall be adjusted either by additional payment or refund by either party according to the amount of artistic work done by the Artist in pursuance of this Agreement up to the date of receiving such notice. In the event that the Artist breaches any term or condition of this Agreement the Principal shall give written notification of the breach to the Artist who shall have the number of days specified in that notice (and where no number of days is specified, then 28 days) within which to remedy the breach. If the breach is not remedied within the time required by the aforementioned notice, the Principal may terminate the Agreement by giving the Artist written notice of the termination and may recover any Fee already paid to the Artist. Without prejudice to its rights above, the Principal may seek to recover from the Artist any costs, lossess, liabilities or expenses that the Principal becomes liable for by virtue of the Artist’s failure to remedy any breach of any term or condition of this Agreement. If the Principal terminates the Agreement in circumstances arising from a breach of this Agreement by the Artist, the Principal shall have the sole right to all preliminary designs of the Artwork. The Principal shall be entitled to retain any part of the Artwork done up to the date of termination that has been paid for.
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By the Principal. The Principal may terminate her employment by submitting his written resignation to the Superintendent with as much advance notice as possible but no less than sixty (60) calendar days’ advance notice. In the event of termination pursuant to this paragraph, the District shall not be required to pay, and the Principal shall not be entitled to receive salary payments and benefits payable after the effective date of the Principal’s resignation.
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By the Principal. The PRINCIPAL may terminate his employment by submitting his written resignation to the Superintendent with as much advance notice as possible but no less than ninety (90) calendar days advance notice. In the event of termination pursuant to this paragraph 13.4, the DISTRICT shall not be required to pay, and the PRINCIPAL shall not be entitled to receive compensation and benefits provided by this AGREEMENT after the effective date of the PRINCIPAL’S resignation. The PRINCIPAL may request to use his accrued vacation days prior to his separation from employment and/or the Superintendent may schedule the PRINCIPAL for vacation days prior to his final day of employment. The DISTRICT shall pay the PRINCIPAL for his accrued unused vacation days remaining at the time of the PRINCIPAL’S separation from employment.
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Related to By the Principal

  • The Principal Paying Agent shall obtain verification, in the case of an allegedly lost, stolen or destroyed Security, Coupon or Talon in respect of which the serial number is known, that the Security, Coupon or Talon has not previously been redeemed, paid or exchanged, as the case may be. The Principal Paying Agent shall not issue a replacement Security, Coupon or Talon unless and until the applicant has:

  • Commitments of the Principal (1) The Principal commits itself to take all measures necessary to prevent corruption and to observe the following principles:

  • Principal It is acting as principal and not as agent when entering into this Agreement and each Transaction.

  • Payments of Interest and Principal (a) The Issuer will cause interest to be paid on each Interest Payment Date and principal to be paid on the Expected Maturity Date; provided, however, that it shall not be an Event of Default if principal is not paid in full on such Expected Maturity Date unless funds for such payment have been allocated in accordance with Section 3.01 of the Indenture Supplement; and provided, further, that if a Class C(2020-5) Adverse Event has occurred and is continuing, principal will instead be payable in monthly installments on each Principal Payment Date for the Class C(2020-5) Notes in accordance with Sections 3.01 and 3.05 of the Indenture Supplement. All payments of interest and principal on the Class C(2020-5) Notes shall be made as set forth in Section 1102 of the Indenture.

  • Name and Principal Place of Business The name of the Company shall be [NAME OF COMPANY], LLC with a principal place of business located at [PRINCIPAL PLACE OF BUSINESS] or at any other such place of business that the Member(s) shall determine.

  • Amount of Loan The Loan shall comprise the aggregate amount of Tranches disbursed by the Bank under the Credit, as confirmed by the Bank pursuant to Article 2.03.

  • Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges Borrower will pay each Periodic Payment when due. Borrower will also pay any prepayment charges and late charges due under the Note, and any other amounts due under this Security Instrument. Payments due under the Note and this Security Instrument must be made in U.S. currency. If any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer’s check, or cashier’s check, provided any such check is drawn upon an institution whose deposits are insured by a U.S. federal agency, instrumentality, or entity; or (d) Electronic Fund Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 16. Lender may accept or return any Partial Payments in its sole discretion pursuant to Section 2. Any offset or claim that Borrower may have now or in the future against Lender will not relieve Borrower from making the full amount of all payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument.

  • Transfer of the Property or a Beneficial Interest in Borrower For purposes of this Section 19 only, “Interest in the Property” means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract, or escrow agreement, the intent of which is the transfer of title by Borrower to a purchaser at a future date. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Xxxxxx’s prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, Lender will not exercise this option if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender will give Borrower notice of acceleration. The notice will provide a period of not less than 30 days from the date the notice is given in accordance with Section 16 within which Borrower must pay all sums secured by this Security Instrument. If Xxxxxxxx fails to pay these sums prior to, or upon, the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower and will be entitled to collect all expenses incurred in pursuing such remedies, including, but not limited to: (a) reasonable attorneys’ fees and costs; (b) property inspection and valuation fees; and (c) other fees incurred to protect Xxxxxx’s Interest in the Property and/or rights under this Security Instrument.

  • INDEPENDENT PRINCIPAL Concessionaire’s status shall be that of an independent principal and not as an agent or employee of Department.

  • Payment of Debt or Delinquency to the State Pursuant to §§2107.008 and 2252.903, Texas Government Code, Contractor agrees any payments owing to Contractor under this Agreement may be applied directly toward any debt or delinquency Contractor owes the State of Texas or any agency of the State of Texas, regardless of when it arises, until paid in full.

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