Cancellation Suspension and Termination Sample Clauses

Cancellation Suspension and Termination. 10.1 B38 may by notice in writing to the Supplier cancel or vary any Contract formed pursuant hereto and or suspend or postpone the manufacture and delivery of the Goods or any part thereof and all costs necessarily incurred by the Supplier as a result thereof which cannot be mitigated by the Supplier using its best endeavours to do so shall be borne by B38. The date of delivery shall, if necessary, be extended to such later date(s) as shall be reasonable having regard to the period of such suspension or postponement or nature of the variation. 10.2 Without limiting its other rights or remedies, B38 may terminate any and all Contracts with immediate effect by giving written notice to the Supplier if: (a) the Supplier commits a material or persistent breach of a Contract and (if such a breach is remediable) fails to remedy that breach within 28 days of receipt of notice in writing of the breach; (b) the Supplier suspends, or threatens to suspend, payment of its debts or is unable to pay its debts as they fall due or admits inability to pay its debts or (being a company) is deemed unable to pay its debts within the meaning of section 123 of the Insolvency Xxx 0000 or (being an individual) is deemed either unable to pay its debts or as having no reasonable prospect of so doing, in either case, within the meaning of section 268 of the Insolvency Xxx 0000 or (being a partnership) has any partner to whom any of the foregoing apply; (c) the Supplier commences negotiations with all or any class of its creditors with a view to rescheduling any of its debts, or makes a proposal for or enters into any compromise or arrangement with its creditors; (d) a petition is filed, a notice is given, a resolution is passed, or an order is made, for or in connection with the winding up of the Supplier (being a company) other than for the sole purpose of a scheme for a solvent amalgamation of the Supplier with one or more other companies or the solvent reconstruction of the Supplier; (e) a creditor or encumbrancer of the Supplier attaches or takes possession of, or a distress, execution, sequestration or other such process is levied or enforced on or sued against, the whole or any part of its assets and such attachment or process is not discharged within seven days; (f) an application is made to court, or an order is made, for the appointment of an administrator or if a notice of intention to appoint an administrator is given or if an administrator is appointed over the Supplier ...
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Cancellation Suspension and Termination. 10.1 You may suspend the Services for a maximum of 3 (three) months on giving us written notice in which case the payment provisions in clause 10.1 will apply. If at the end of this period of suspension you have not instructed us to resume the Services, we may terminate this Agreement after first giving you 14 (fourteen) days’ written notice. On resumption of the Services following any suspension there shall be a fair and reasonable increase in the Fee commensurate with the additional costs, if any, to us of performing the Services. 10.2 Where we have received no instructions from you in respect of the Project for a period of 6 (six) months we shall be entitled to consider our appointment under this Agreement at an end and will provide you with written notice of this. 10.3 Either you or we may terminate this Agreement by giving the other 14 (fourteen) days’ written notice. If you terminate or suspend this Agreement you shall immediately pay us all outstanding Fees, expenses and reimbursable costs incurred and any future costs we have committed to on your behalf. 10.4 You agree that persistent or continued late or non-payment is a fundamental breach of this Agreement entitling us to terminate forthwith. If you continue to fail to make full payment after the expiry of 14 (fourteen) days from the date of our suspension notice under clause 4.8 we may immediately terminate our engagement under this Agreement by written notice to you. 10.5 We will give you notice as soon as reasonably practicable of any event beyond our control which makes it impracticable for us to carry out or continue any of the Services and we will seek to agree an appropriate course of action with you. 10.6 Termination of this Agreement under this clause 10 shall be without prejudice to the accrued rights and remedies of either party. 10.7 The terms of this clause 10.7 apply if you are a Consumer: 10.7.1 this Agreement is formed when you sign our Appointment and you are entitled to cancel it within 14 (fourteen) days of entering into it (“Cancellation Period”) without giving any reason, provided that such cancellation is in writing and sent by email or post and in which event: (a) we will acknowledge the cancellation without delay by email or post; (b) we will reimburse you without undue delay, and no later than 14 (fourteen) days after receiving your cancellation notice, for all payments received from you using the same means of payment as was used for the original payment; and (c) we will...
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Cancellation Suspension and Termination. 9.1 The Company shall have the right at any time and for any reason to cancel an Order and/or terminate any Contract in whole or in part, by giving the Seller written notice whereupon all work on the Contract shall be discontinued and the Company shall pay to the Seller only fair and reasonable compensation for work- in-progress and costs actually incurred by the Seller up to the date of termination, which will in no case exceed the price stated in the Order. For the avoidance of doubt, such compensation shall not include loss of anticipated profits or any consequential loss. 9.2 Notwithstanding Article 9.1, if the Company cancels an Order and/or terminates a Contract for Services before the expiry of its contractual period or otherwise terminates the Contract prematurely, the Company will never be obliged to more than (i) payment for the Services actually performed in the event of periodic payment; or (ii) in the event of a fixed contract sum, payment of a proportional part of the compensation agreed, based on the contractual term already expired and the Services performed. 9.3 Without prejudice to any other rights that the Company may have under the Contract or law, the Company shall have the right at any time to forthwith suspend payment or cancel an Order and/or terminate any Contract, in whole or in part by giving notice in writing to the Seller, if: (i) the Seller commits a breach of any of the terms and conditions of the Contract; (ii) any distress, execution or other process is levied upon any of the assets of the Seller;
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Cancellation Suspension and Termination. Subject only to clause 9 (a) below, the Customer can only terminate a Contract (or any part of a Contract) with ALS’s prior written agreement. The Customer shall be liable to indemnify ALS in full in respect of any direct or indirect losses (to include but not be limited to economic loss including loss of profits) it incurs as a result of such termination. (a) If for any cause beyond its control, ALS is unable to perform any of its obligations under the Contract ALS may by notice in writing to the Customer terminate the Contract or suspend the Contract in respect of any one or more part or parts of its obligations without liability for any loss or damage thereby incurred by the Customer.
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Cancellation Suspension and Termination a) If the Buyer shall purport to cancel the whole or any part of the Contract the Company may by notice in writing to the Buyer elect to treat the Contract as repudiated and the Buyer shall thereupon be liable to pay to the Company by way of liquidated damages a sum of equal to all the expenses incurred by the Company in connection with the Contract including an appropriate amount in respect of administrative overheads, costs and losses of profit. The Company's reasonable estimate of the expenses incurred shall be final and binding on the parties. b) If for any cause whatsoever beyond its control the Company is unable to make any delivery on the applicable delivery date or perform any of its other obligations under the Contract the Company may by notice to the Buyer terminate the Contract or suspend the Contract without liability for any loss or damage thereby incurred by the Buyer.
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Cancellation Suspension and Termination. 10.1 The respective group company has the right to terminate or change each contract entered into based on these provisions or to suspend or postpone the manufacture and delivery of the goods or of part of them by means of a written notification to the Supplier, and the costs that will inevitably be incurred by the Supplier as a consequence of that and that the Supplier cannot reduce despite all efforts shall be borne by the respective group company. On demand, the delivery date has to be postponed to (a) later point(s) in time which seem(s) to be reasonable taking into consideration the duration of such a suspension or postponement or the type of change. 10.2 Without limitation of its other rights or legal remedies, the respective group company has the right to cancel all contracts with immediate effect by giving written notice to the Supplier if: (a) the Supplier violates a contract substantially or on an ongoing basis and (if such a violation can be remedied) fails to remedy this violation within 28 days upon receipt of a written reminder of the violation; (b) the Supplier discontinues settlement of his liabilities or threatens to do so or is not able to settle his liabilities when they become due, or admits inability to pay or is otherwise unable to pay within the meaning of § 66, Insolvency Ordinance [Insolvenzordnung] or is (when a legal person is concerned) overindebted within the meaning of § 67, Insolvency Ordinance; (c) the Supplier enters into negotiations with all or a group of his creditors regarding the restructuring of debts or suggests a composition or an arrangement in bankruptcy to his debtors or enters into one with them; (d) an application is filed, an announcement is made, a resolution is taken or a directive is issued for or in connection with the liquidation of the Supplier (as a legal person), with the exception of liquida- tion with given inability to pay for the purpose of merging the insolvent Supplier with one or several other companies or a reorganisation of the insolvent Supplier; (e) a creditor or mortgagee of the Supplier takes over or attaches all of or part of his assets, or attach- ment proceedings or other comparable proceedings are conducted or initiated and these proceedings are not cancelled within seven days; (f) an application is filed with a court for the appointment of an insolvency administrator, or an insol- vency administrator is appointed; (h) a circumstance eventuates or proceedings are held whose effects mat...
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Cancellation Suspension and Termination. 1You may suspend the Services for a maximum of 3 (three) months on giving us written notice in which case the payment provisions in clause 10.1 will apply. If at the end of this period of suspension you have not instructed us to resume the Services, we may terminate this Agreement after first giving you 14 (fourteen) days’ written notice. On resumption of the Services following any suspension there shall be a fair and reasonable increase in the Fee commensurate with the additional costs, if any, to us of performing the Services.
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Cancellation Suspension and Termination 
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Related to Cancellation Suspension and Termination

  • Suspension and Termination Schedule 6 shall have effect.

  • Cancellation and Termination a) The exhibitor shall have the right to cancel this license agreement or downsize by notice in writing to be delivered to MPE. All deposits/payments received by MPE up to the date of notice of cancellation or downsize are non-refundable and non-transferable and the balance of the full cost of the space is due immediately. In the event that the Exhibitor (i) fails to make payments in accordance with the payment schedule setout herein or (ii) fails to appear at the show; MPE reserves the right to cancel this license agreement without notice and all rights of the Exhibitor hereunder shall cease and terminate. MPE will retain any and all deposits/payment(s) made by the Exhibitor as liquidated damages (and not as a penalty) for breach of this license agreement and all payments will be due per the terms of the contract. In the event of either of the above circumstances, MPE has the right to (i) re-rent said space and (ii) bring action against the Exhibitor for payment of the full cost of the space originally licensed from MPE. b) If the Exhibitor violates or breaches any other terms or conditions of this license agreement, all payments made by the Exhibitor and all amounts due to MPE shall be deemed earned by MPE and all deposits received shall be non-refundable and non-transferable. In the event of any violation or breach of the terms and conditions of this license agreement, MPE shall have the right to immediately occupy the space of the violating and/or breaching Exhibitor and utilize it in any manner as MPE deems appropriate, including, but not limited to, re-licensing its use to another exhibitor. The Exhibitor shall not be entitled to any offset or mitigation of the amount due under this license agreement as a result of the use of or payment for the space by another exhibitor in the Show. c) Each covenant by the Exhibitor contained herein is material and of the essence of this license agreement and violation of any term or condition hereof by the Exhibitor shall be a default of the entire agreement entitling MPE to immediately and without notice revoke the privileges granted to the Exhibitor and take possession of the space of the defaulting Exhibitor. Any such revocation of the license granted herein shall be without prejudice to MPE to make any claim for damages or enforcement of the payment of any amounts due pursuant to the terms hereof.

  • Amendments, Suspension and Termination To the extent permitted by the Plan, this Agreement may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Board or the Committee. Except as provided in the preceding sentence, this Agreement cannot be modified, altered or amended, except by an agreement, in writing, signed by both the Partnership and the Participant.

  • Term Suspension and Termination 9.1. Term of this MSA. This MSA comes into force on the date you first accept it by whatever means and continues until all Subscriptions expire or have been terminated.

  • Amendment, Suspension and Termination To the extent permitted by the Plan, this Agreement may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Administrator or the Board, provided that, except as may otherwise be provided by the Plan, no amendment, modification, suspension or termination of this Agreement shall adversely affect the RSUs in any material way without the prior written consent of Participant.

  • Expiration and Termination This Agreement is for one academic year (August 1, 2018 through July 31, 2019) and will automatically renew for the following academic year unless terminated as indicated below by either party. a. Any party may terminate this Agreement by written notice to the other at any time if that other party: (i.) commits a breach of this Agreement and, has not yet remedied the breach within 14 days of being notified of the facts and circumstances giving rise to the breach; or

  • Redemption and Termination (a) The Board of Directors of the Company may, at its option, at any time prior to such time as any Person becomes an Acquiring Person, redeem all but not less than all the then outstanding Rights at a redemption price of $.01 per Right, as such amount may be appropriately adjusted to reflect any stock split, stock dividend or similar transaction occurring after the date hereof (such redemption price being hereinafter referred to as the “Redemption Price”) and the Company may, at its option, pay the Redemption Price either in Common Shares (based on the “Current Market Price,” as defined in Section 11(d)(i) hereof, of the Common Table of Contents Shares as of a date determined by the Board) or cash. The redemption of the Rights by the Board of Directors of the Company may be made effective at such time, on such basis and with such conditions as the Board of Directors of the Company, in its sole discretion, may establish. (b) Immediately upon the action of the Board of Directors of the Company ordering the redemption of the Rights (such action being adopted in the manner required by paragraph (a) above), evidence of which shall have been filed with the Rights Agent and without any further action and without any notice, the Rights will terminate and the only right thereafter of the holders of Rights shall be to receive the Redemption Price for each Right so held. Promptly after the action of the Board of Directors ordering the redemption of the Rights, the Company shall give notice of such redemption to the Rights Agent and the holders of the then outstanding Rights by mailing such notice to all such holders at each holder’s last address as it appears upon the registry books of the Rights Agent or, prior to the Distribution Date, on the registry books of the transfer agent for the Common Shares. Any notice which is mailed in the manner herein provided shall be deemed given, whether or not the holder receives the notice. Each such notice of redemption will state the method by which the payment of the Redemption Price will be made. Neither the Company nor any of its Affiliates or Associates may redeem, acquire or purchase for value any Rights at anytime in any manner other than that specifically set forth in this Section 23 or in Section 24 hereof, and other than in connection with the purchase of Common Shares before the Distribution Date.

  • Suspension and termination of procedure 1. The disputing Parties may agree to suspend the work of the Panel at any time for a period not exceeding 12 months following the date of such agreement. In any event, if the work of the Panel has been suspended for more than 12 months, the authority of the Panel shall lapse, unless the disputing Parties agree otherwise. If the authority of the Panel lapses and the disputing Parties have not reached an agreement on the settlement of the dispute, nothing in this Article shall prevent a Party from requesting a new proceeding regarding the same matter. 2. At any time prior to the release of the Panel report, the Parties may agree to terminate the procedures before a Panel by jointly notifying the chair of the Panel on this respect.

  • Duration and Termination This Agreement shall become effective with respect to each Fund as of the corresponding effective date indicated in Appendix A and, unless sooner terminated with respect to a Fund as provided herein, shall continue in effect for a period of two years as to such Fund. Thereafter, if not terminated, this Agreement shall continue in effect with respect to the Fund for successive periods of 12 months, provided such continuance is specifically approved at least annually by both (a) the vote of a majority of the Trust’s Board of Trustees or the vote of a majority of the outstanding voting securities of the Fund at the time outstanding and entitled to vote, and (b) the vote of a majority of the Trustees who are not parties to this Agreement or interested persons of any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval. Notwithstanding the foregoing, this Agreement may be terminated by the Trust at any time as to a Fund, without the payment of any penalty, upon giving the Advisor 60 days’ notice (which notice may be waived by the Advisor), provided that such termination by the Trust shall be directed or approved (x) by the vote of a majority of the Trustees of the Trust in office at the time or by the vote of the holders of a majority of the voting securities of the Fund at the time outstanding and entitled to vote, or (y) by the Advisor on 60 days’ written notice (which notice may be waived by the Trust). This Agreement will also immediately terminate in the event of its assignment. (As used in this Agreement, the terms “majority of the outstanding voting securities,” “interested person” and “assignment” shall have the same meanings of such terms in the 1940 Act.)

  • Resignation and Termination An Authenticating Agent may resign by notifying the Indenture Trustee and the Owner Trustee. The Indenture Trustee may terminate the agency of an Authenticating Agent by notifying the Authenticating Agent and the Owner Trustee.

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