Cases Leading to the Termination Sample Clauses

Cases Leading to the Termination. Each Party is entitled to terminate the open-ended Agreement. The termination may occur in the following cases: ⮚ In case of force majeure, if its effects lead to the suspension of the essential obligations performance by one of the Parties for more than three (3) consecutive months, without any compensation form either party; ⮚ In case of a breach or a substantial non-performance by the other party of its obligations to which it has not been remedied after a formal notice sent by registered letter remained ineffective for thirty (30) days after its notification; ⮚ In the event of collective insolvency proceedings against either of the Parties un accordance with the current legal provisions; ⮚ In the event of the non-payment by the Client on the initiative of the Company; ⮚ In the event of unforeseen difficulties appearing during the performance of the Service requiring the Company to use resources out of proportion to the total amount of the Agreement, the Company may ask the Client to proceed to the termination of the Agreement. In the event that the Client does not wish to terminate the Agreement, he shall approach the Company to find a viable way to continue the activity within a reasonable time. In the event that the present Agreement is terminated, the invoiced and billable amounts, as well as set- up costs remain due to the Company. The termination is immediate in the following cases: ⮚ The information given by the Client to the Company is false or erroneous; ⮚ The Client has not provided the Company with the necessary information in respect of its legal and regulatory obligations; ⮚ The Client has violated the provisions of the present Agreement; ⮚ The Client and / or the Programme’s Recipient and / or the Card Holder has made a fraudulent or negligent use of the Service and / or the Programme and / or Card and / or used the Card for illegal purposes.
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Related to Cases Leading to the Termination

  • Obligations relating to Change in Ownership 5.3.1 The Concessionaire shall not undertake or permit any Change in Ownership, except with the prior approval of the Authority.

  • EFFECTIVE DATE, TERMINATION, AND RENEWAL 17.1 This Agreement shall become effective on the first day of May, AD., 2019, and shall continue in full force and effect until the thirtieth (30th) day of April, AD., 2022 and thereafter from year to year unless terminated upon written notice of either party within one hundred and twenty (120) days prior to any anniversary of the terminal date.

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be effected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity and up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of the ESC Region 8 and TIPS. Does vendor agree? Yes

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

  • Termination for Change of Control This Agreement may be terminated immediately by SAP upon written notice to Provider if Provider comes under direct or indirect control of any entity competing with SAP. If before such change Provider has informed SAP of such potential change of control without undue delay, the Parties agree to discuss solutions on how to mitigate such termination impact on Customer, such as stepping into the Customer contract by SAP or by any other Affiliate of Provider or any other form of transition to a third party provider.

  • Compensation for Convenience Termination If City shall terminate for its convenience as herein provided, City shall compensate Consulting Engineer/Architect for all Engineering/Architectural Services satisfactorily completed to date of its receipt of the termination notice and any additional Engineering/Architectural Services requested by City to bring the Project to reasonable termination. Compensation shall not include anticipatory profit or consequential damages, neither of which will be allowed.

  • CONTINUATION OF PERFORMANCE THROUGH TERMINATION The Subrecipient shall continue to perform, in accordance with the requirements of the Agreement, up to the date of termination, as directed in the termination notice.

  • Survival on Termination The following Paragraphs and Articles shall survive the termination of this Agreement:

  • Contract Renegotiation, Suspension, or Termination Due to Change in Funding If the funds DSHS relied upon to establish this Contract or Program Agreement are withdrawn, reduced or limited, or if additional or modified conditions are placed on such funding, after the effective date of this contract but prior to the normal completion of this Contract or Program Agreement:

  • Effective Date; Termination Section 6.01. The following events are specified as additional conditions to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01 (b) of the General Conditions:

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