Cancellation by the Association Sample Clauses

Cancellation by the Association. If (a) the right of the Borrower to make withdrawals from the Credit Account shall have been suspended with respect to any amount of the Credit for a continuous period of thirty days, or (b) at any time, the Association determines, after consultation with the Borrower, that an amount of the Credit will not be required to finance the Project’s costs to be financed out of the proceeds of the Credit, or (c) at any time, the Association determines, with respect to any contract to be financed out of the proceeds of the Credit, that corrupt or fraudulent practices were engaged in by representatives of the Borrower or of a beneficiary of the Credit during the procurement or the execution of such contract, without the Borrower having taken timely and appropriate action satisfactory to the Association to remedy the situation, and establishes the amount of expenditures in respect of such contract which would otherwise have been eligible for financing out of the proceeds of the Credit, or (d) at any time, the Association determines that the procurement of any contract to be financed out of the proceeds of the Credit is inconsistent with the procedures set forth or referred to in the Development Credit Agreement and establishes the amount of expenditures in respect of such contract which would otherwise have been eligible for financing out of the proceeds of the Credit, or (e) after the Closing Date, an amount of the Credit shall remain unwithdrawn from the Credit Account, the Association may, by notice to the Borrower, terminate the right of the Borrower to make withdrawals with respect to such amount. Upon the giving of such notice, such amount of the Credit shall be canceled.” Section 1.02. Unless the context otherwise requires, the several terms defined in the General Conditions and in the Preamble to this Agreement have the respective meanings therein set forth and the following additional terms have the following meanings:
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Cancellation by the Association. If (a) the right of the Borrower to make withdrawals from the Credit Account shall have been suspended with respect to any amount of the Credit for a continuous period of thirty days, or (b) at any time, the Association determines, after consultation with the Borrower, that an amount of the Credit will not be required to finance the Project’s costs to be financed out of the proceeds of the Credit, or (c) at any time, the Association determines, with respect to any Debt Purchase to be financed out of the proceeds of the Credit, that corrupt or fraudulent practices were engaged in by representatives of the Borrower or of a beneficiary of the Credit with respect to such Debt Purchase, without the Borrower having taken timely and appropriate action satisfactory to the Association to remedy the situation, and establishes the amount of expenditures in respect of such Debt Purchase which would otherwise have been eligible for financing out of the proceeds of the Credit, or (d) after the Closing Date, an amount of the Credit shall remain unwithdrawn from the Credit Account, the Association may, by notice to the Borrower, terminate the right of the Borrower to make withdrawals with respect to such amount. Upon the giving of such notice, such amount or portion of the Credit shall be cancelled.”
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Cancellation by the Association. The Association may suspend or cancel your membership at any time for (1) failure to pay your annual dues and other charges when due; (2) any other breach of this Agreement; or (3) any violation of the Guidelines or other rules and regulations of the Association. The Association also has the right to cancel your membership at any time without cause. You will remain liable for payment of dues and other charges for periods prior to the effective date of cancellation. No refunds shall be made for membership dues and other charges except as specifically provided for in this Agreement. If your membership is terminated for cause, the Association reserves the right to retain the unused portion of any prepaid amounts made by you.
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Cancellation by the Association. The Association reserves the right to cancel this Hire by written notice to the Hirer in the event of: (a) the Centre being required for use as a Polling Station or to provide accommodation or other relief services in an emergency (b) the Association having a reasonable belief that the conditions of the Hire will be breached (c) the Centre becoming unfit for the use intended by the Hirer (e.g. flooding) (d) in respect of Hires by commercial organisation, where the Centre requires to be used for a charitable purpose at the same date and time of the Hire In the event of the Association requiring to cancel the Hire, the Hirer shall be entitled to a refund of the Hire Fee (including any deposit already paid), but the Association shall not be liable to the Hirer for any resulting direct or indirect loss or damages whatsoever.
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Cancellation by the Association. XYZ may cancel this Agreement for any reason by vote of the Board of Directors at a regular or special meeting called for that purpose. The Executive (i) shall be given the same written notification of that meeting as is given to the Board of Directors, (ii) shall be informed in writing why the cancellation is being considered, (iii) shall have the right to address the Board of Directors regarding the proposed cancellation, and to be represented by counsel or other representative of his choosing and (iv) shall accept the decision of the Board of Directors as the sole and absolute decision of the Association. In the event this Agreement is cancelled under the provisions of this subsection (5.B.), the Executive shall receive the compensation applicable under this Agreement and all benefits as set out below in subsection 5.D.
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Cancellation by the Association. If (a) the right of the Borrower to make withdrawals from the Credit Account shall have been suspended with respect to any amount of the Credit for a continuous period of thirty days, or (b) at any time, the Association determines, after consultation with the Borrower, that an amount of the Association will not be required to finance the Project’s cost to be financed out of the proceeds of the Credit, or
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Cancellation by the Association. 1) The Association reserves the right to cancel this Facility Rental Agreement without notice upon any breach of the terms herein. Accordingly: 1) all cancellations will be at the sole discretion of the Association’s Office Administrator; 2) if at any time the Licensee has misrepresented the intended use of the Facility, the Association has the right to cancel the event, even if it is in progress; 3) events not conforming to accepted community standards, or any events that have been scheduled under false pretenses provided by the Licensee will be rejected and/or cancelled; and 4) in the event of cancellation, the Licensee will be financially responsible, in full, for any and all terms as set forth in this License Agreement.
Sample 1
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Cancellation by the Association. If: (a) the right of the Borrower to make withdrawals from the Credit Account shall have been suspended with respect to any amount of the Credit for a continuous period of thirty days; or (b) by the date specified in Section 3.04 (b) of the Development Credit Agreement, no applications or requests permitted under paragraph (a) of such Section shall have been received by the Associa- tion, in respect of any portion of the Credit, or having been so received, shall have been denied; or (c) at any time, the Association determines that the procurement of any item is inconsistent with the procedures set forth or referred to in the Development Credit Agreement and establishes the amount of expenditures in respect of such item which would otherwise have been eligible for financing out of the proceeds of the Credit; or (d) after the Closing Date, an amount of the Credit shall remain unwithdrawn from the Credit Account, the Associa- tion may, by notice to the Borrower, terminate the right to request such approvals or requests or to make withdrawals from the Credit Account, as the case may be, with respect to such amount or portion of the Credit. Upon the giving of such notice such amount or portion of the Credit shall be cancelled." 1. For the purposes of this Schedule:
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Cancellation by the Association. 1) The Association reserves the right to cancel this Facility Rental Agreement without notice upon any breach of the terms herein. Accordingly: 1) all cancellations will be at the sole discretion of the Association’s Office Administrator; 2) if at any time the Licensee has misrepresented the intended use of the Facility, the Association has the right to cancel the event, even if it is in progress; 3) events not conforming to accepted community standards, or any events that have been scheduled under false pretenses provided by the Licensee will be rejected and/or cancelled; and 4) in the event of cancellation, the Licensee will be financially responsible, in full, for any and all terms as set forth in this License Agreement.
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Related to Cancellation by the Association

  • Termination by the Company This Agreement may be terminated and the Mergers may be abandoned at any time prior to the First Effective Time by action of the Board of Directors of the Company if: (a) the Board of Directors of Parent shall have made a Parent Change in Recommendation; provided, however, that the Company will not have the right to terminate this Agreement pursuant to this Section 7.03(a) if the Parent Requisite Vote has been obtained; or (b) there has been a breach of any representation, warranty, covenant or agreement made by Parent or the Merger Subs in this Agreement, or any such representation and warranty shall have become untrue after the date of this Agreement, such that Sections 6.03(a) or 6.03(b) would not be satisfied and such breach or failure to be true is not curable or, if curable, is not cured following written notice to Parent from the Company of such breach or failure by the earlier of (x) the 30th day following such written notice and (y) the Termination Date; provided that the Company shall not have the right to terminate this Agreement pursuant to this Section 7.03 if the Company is then in breach of any of its representations, warranties, covenants or agreements under this Agreement in a manner such that the conditions set forth in Sections 6.02(a) or 6.02(b) would not be satisfied (unless capable of being cured within 30 days). (c) at any time prior to the Company Requisite Vote being obtained, (i) if the Board of Directors of the Company authorizes the Company, to the extent permitted by and subject to complying with the terms of Section 5.02, to enter into an Alternative Company Acquisition Agreement with respect to a Company Superior Proposal that did not result from a material breach of this Agreement, (ii) concurrently with the termination of this Agreement, the Company, subject to complying with the terms of Section 5.02, enters into an Alternative Company Acquisition Agreement providing for a Company Superior Proposal that did not result from a material breach of this Agreement and (iii) prior to or concurrently with such termination, the Company pays to Parent in immediately available funds any fees required to be paid pursuant to Section 7.05(b).

  • Termination by the Company for Cause The Company may terminate the Executive’s employment hereunder for Cause. For purposes of this Agreement, “Cause” shall mean any of the following:

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