Causes for Termination. 10.1. We reserve the right, at any time and without prior notice, at Our discretion to terminate the Agreement, to block or suspend use of the Card, restrict its functionality and/or to demand the return of the Card if any of the following circumstances arise:
i. We reasonably suspect the security of the Card has been compromised in any way;
ii. The Modulr Agreement has been suspended, restricted or terminated; or
iii. We are required to do so under Applicable Law or where we believe that continued use of the Card may be in breach of Applicable Law;
iv. In the event You, the Card User or any third party engage in any actual or attempted fraudulent activity or We reasonably suspect You or the Card User to have done so;
v. We believe that your continued use of the Card may damage our reputation;
vi. We believe that your use of the Card may result in harm to us or our systems;
vii. You fail to provide the Personal Data necessary for us to comply with our legal obligations and to fulfil this Agreement;
viii. You haven’t given us information we need or we believe that any of the information that you have provided to us is incorrect or false;
ix. You do not access your Account for 3 (three) years;
x. We cannot process your Transactions due to the actions of third parties;
xi. You have breached this Agreement;
xii. In case of non-payment of any annual or other applicable fees, as set out in the Schedule; or
xiii. You suffer an Insolvency Event or You cease or threaten to cease to carry on Your business.
10.2. As per clause 3.3, We shall remove the block on the Card as soon as practicable after We are satisfied, acting reasonably, that the reasons for blocking or suspending it no longer exist. If the circumstances for blocking or suspending the Card continue for 1 month, We may terminate the Agreement instead.
10.3. Any termination or expiry of the Agreement, howsoever caused, shall be without prejudice to any obligations or rights of either of the parties which may be accrued prior to termination or expiry and shall not affect any provision of the Agreement which is expressly or by implication intended to come into effect on, or to continue in effect after, such termination or expiry.
10.4. The Contract Holder will be responsible for ensuring that all Cards Users have been notified of termination of the Agreement.
Causes for Termination. 10.1 We reserve the right, at any time and without prior notice, at Our discretion to terminate the Agreement, to block or suspend use of the Card, restrict its functionality and/or to demand the return of the Card if any of the following circumstances arise:
i. The plastic Card was not activated within the notified activation period;
ii. We reasonably suspect the security of the Card has been compromised in any way;
iii. the Card has a zero or negative balance for more than 3 consecutive months;
iv. we are required to do so under Applicable Law or where we believe that continued use of the Card may be in breach of Applicable Law;
v. in the event You, the Card User or any third party engage in any actual or attempted fraudulent activity or We reasonably suspect You or the Card User to have done so;
vi. we believe that your continued use of the Card may damage our reputation;
vii. we believe that your use of the Card may result in harm to us or our systems;
viii. you fail to provide the Personal Data necessary for us to comply with our legal obligations as an e- money issuer and to fulfil this Agreement;
ix. you haven’t given us information we need or we believe that any of the information that you have provided to us is incorrect or false; x. you do not access your Account for 3 (three) years;
Causes for Termination. Any of the following events shall constitute an event of default by the Concessionaire entitling the Hospital Authority to terminate this contract:
a. Failure to commence services in the Hospital within two (2) months of signing the agreement
b. Over charging from the patients for any of the items and not offering the pre determined discount in violation of the terms of the agreement.
c. Selling expired or spurious or recycled or a combination of any such products to the customers from the fair price outlet under PPP.
d. Failure to comply with the statutory requirements, Drugs & Cosmetics Acts, Rules and other applicable norms
e. Criminal indictment of the promoters, member/s of the Board of Directors, chief functionaries, key personnel engaged by the Concessionaire for operation and management of the fair price outlet.
f. Engagement of unqualified persons for running of the Services
g. Use of the allocated space by the PSP for any other purpose other than the approved scheme.
h. Failure to comply with the terms of the contract relating to the Performance Security to be furnished by the Concessionaire in the form of Bank Guarantee.
i. Complaints of Stock outs received from the customers also verified by surprise checks in more than three occasions in a month
j. If the Concessionaire in the judgement of the hospital authorities has engaged in corrupt or fraudulent practices in competing for or in executing the agreement
k. If the Concessionaire has sublet the space to any other Organization for operation and management of the fair price outlet.
l. In case the private partner fails to pay the assessed rent to the RKS of the concerned hospital on or before 5th day of each English calendar month as mentioned under Article 2 clause 2.4 d), interest @ 1% per month on the due rent amount will be imposed for each 15 days delay or part thereof subject to a maximum allowable extension period of 3 months from last due date of payment of such rent. All dues along with applicable interest have to be cleared within the allowable limit of 3 months beyond which relevant procedure for termination of contract and floating of e-tender for selection of new private partners will be initiated by the Hospital Authority/Department of Health & Family welfare. However, such penalty clause shall be applicable till the date of decommissioning of the unit and handover of site under possession of the private partner to the hospital authority.
m. If the private partner fails to pay the ...
Causes for Termination. 10.1 We reserve the right, at any time and without prior notice, at Our discretion to terminate the Agreement, to block or suspend use of the Card, restrict its functionality and/or to demand the return of the Card if any of the following circumstances arise:
Causes for Termination. Owner may terminate the Contract if CM/GC is in breach of a Notice of Non-Compliance; if CM/GC makes a general assignment for the benefit of its creditors or if a receiver is appointed on account of its insolvency; if CM/GC persistently disregards laws, ordinances, rules, regulations, or orders of any public authority having jurisdiction over the Project; if CM/GC abandons the Project for a period of fourteen (14) or more days; if CM/GC is otherwise guilty of a substantial violation of any provision of this Contract; or for any reason that would permit Owner to terminate the Contract under applicable law.
Causes for Termination. This Agreement may be terminated by the mutual written agreement of the Seller and the Purchasers.
Causes for Termination. Notwithstanding the term set forth in Article II, above, Executive's employment hereunder may be terminated prior to the expiration of such term upon occurrence of any of the following events:
Causes for Termination. The causes for termination of the contract, their implementation and effects are as indicated in clause 29 of the ATC. As an except to the foregoing, in case of cancellation, total or partial, by force majeure, understood as the concurrence of events that the parties have not been able to predict or avoid. In this case, the parties are released from compliance with the obligations acquired under this contract and without the right to claim anything in compensation or for any other concept.
Causes for Termination. This Agreement will terminate and THE CONTRACTOR’s rights will cease in any of the following circumstances:
Causes for Termination. Licensor shall have the right to terminate this Agreement if:
a) Licensee attempts to assign its rights without the expressed prior written consent of Licensor; b) Licensee delivers or attempt to deliver the licensed data to another person without the prior written consent of the Licensor; or c) Licensee fails to perform any other of Licensee’s obligations under this Agreement.