Consensual Termination Sample Clauses
The Consensual Termination clause allows both parties to mutually agree to end their contractual relationship before the contract's natural expiration. In practice, this clause typically requires that both parties provide written consent or follow a specified procedure to confirm their agreement to terminate. Its core function is to provide flexibility, enabling parties to exit the contract amicably and without breach if circumstances change or the arrangement is no longer beneficial to both sides.
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Consensual Termination. This Agreement may be terminated and the transactions contemplated hereby may be abandoned at any time prior to the Closing Date by mutual written consent of the Company and the Requisite Commitment Parties.
Consensual Termination. All parties hereto may agree at any time to terminate this Agreement and the Executive's employment hereunder upon such terms and conditions as the parties may agree.
Consensual Termination. In addition to any Termination Event set forth herein, this Support Agreement shall (a) terminate effective upon a written agreement of the Company Parties, the Required Consenting Noteholders, Leucadia, the Group Lender and Group to terminate this Support Agreement and (b) automatically terminate with respect to all Parties immediately following the Plan Effective Date.
Consensual Termination. Notwithstanding any other provision in the Agreement, this Agreement may be terminated, and the Project contemplated under the Special Conditions may be cancelled, prior to the expiry of the Agreement term by a mutual written consent of the Fund and the Beneficiary only in case that the Project cannot be developed, finalized or carried out successfully, despite acting in full compliance with the Agreement terms. Only in case of such consensual termination, as envisaged under this article 8.3, the Beneficiary shall not be obliged to make a od the funds received under this Agreement.
Consensual Termination. In addition to the Termination Events set forth in Section 2 hereof, this Support Agreement shall terminate effective upon a written agreement of the Company and the Required Consenting Noteholders to terminate this Support Agreement.
Consensual Termination. In addition to any Termination Event otherwise set forth herein, this Agreement shall terminate immediately upon the written agreement of each of the Company, the Plan Investor, and the Required Consenting Lenders.
Consensual Termination. Any of the following events constitutes a basis for a party to terminate this Agreement without fault of the other:
(a) The Developers, despite good faith and diligent efforts, fail to submit satisfactory evidence of the availability of finances to the Agency within the time set forth in Section 2.01(f).
(b) The Agency, despite good faith and diligent efforts, is unable to cause the issuance of the BANS.
(c) The Agency, the City or the County fails to adopt resolutions of necessity authorizing the filing of an eminent domain action to acquire any of the Development Site that the Agency is unable to acquire voluntarily.
Consensual Termination. 30 Section 9.2
Consensual Termination. Either party may terminate this contract with the consent of the other party by giving 30 days’ prior notice in writing or by e-mail.
Consensual Termination. This Agreement may be terminated and the Cupar Transactions may be abandoned at any time by mutual written consent of the Company Parties and Investor.