Corporation’s Right to Terminate. In the event that the Contractor, at any time during the term of this Contract, becomes insolvent under any of the provisions of any applicable statute or makes a voluntary assignment of its assets for the benefit of creditors, is adjudged bankrupt, either upon the Contractor’s voluntary petition in bankruptcy or upon the petition of the Contractor’s creditors, or any of them, or should a judgement be executed on any of the goods or equipment of the Contractor, or should any lien or other right inconsistent with the Contractor’s title to such goods or equipment be enforced, or if the Contractor shall have a receiver, administrator, administrative receiver and/or manager appointed in respect of all or any of its assets, an application or order is made or a resolution is passed to wind up the Contractor or if the Contractor shall go into liquidation (whether voluntarily or otherwise) or if the Contractor becomes subject, under the applicable laws of any jurisdiction, to any event having an analogous effect to any of the foregoing, the Corporation may terminate this Contract with immediate effect by notice in writing to the Contractor or to the receiver or liquidator or to any person in whom the Contract may become vested, as provided in Clause 24.3 (Termination due to Default).
Corporation’s Right to Terminate. This Agreement may be terminated (i) by Corporation with or without cause upon thirty days written notice and without liability for any damages resulting therefrom, (ii) if either Party breaches this Agreement, and has failed to cure such breach within thirty days after receiving written notice from the non-breaching Party, provided, however, that if the breach is of such a nature that it cannot be cured within such thirty day period, the breaching Party shall be allowed a reasonable time within which to cure, provided that the breaching Party gives notice to the non- breaching Party within such thirty day period of its intention to cure and the manner in which it intends to cure, or (iii) immediately if a Party becomes insolvent, a Party has a proceeding under the federal or State Bankruptcy Act, either voluntarily or involuntarily, or a Party has a receiver appointed.
Corporation’s Right to Terminate. The Corporation may terminate the Consultant's engagement under this Agreement at any time upon the occurrence of any of the following events:
(a) the Consultant acting unlawfully, dishonestly, in bad faith or negligently with respect to the business of the Corporation to the extent that it has a material and adverse effect on the Corporation, or acting in any way which would permit the Corporation to terminate the Agreement "for cause" at common law if the Consultant was an employee of the Corporation;
(b) the conviction of the Consultant of any crime or fraud against the Corporation or its property or any felony offense or crime reasonably likely to bring discredit upon the Consultant or the Corporation;
(c) the Consultant filing a voluntary petition in bankruptcy, or being adjudicated bankrupt or insolvent, or filing any petition or answer under any present or future statute or law relating to bankruptcy, insolvency or other relief for debtors;
(d) a material breach or default of any term of this Agreement by the Consultant if such material breach or default has not been remedied within 30 days after written notice of the material breach or default has been delivered by the Corporation to the Consultant;
(e) Xxxxxxxx Xxxxx dying or becoming permanently disabled, as determined by a competent physician chosen by the Corporation, or disabled for a period exceeding 360 consecutive days or 360 days calculated on a cumulative basis over any two year period during the term of this Agreement;
(f) in accordance with subsection 7(b); or
(g) at the discretion of the Corporation without cause.
Corporation’s Right to Terminate. 3.1 Section 5.1 of the Agreement is hereby deleted and amended to read:
Corporation’s Right to Terminate. In addition to the rights of the Corporation set forth in this Agreement, the Corporation shall have the right to terminate this Agreement upon simple notice of termination, if the Agent ceases to hold any shares in the Corporation, in which case the termination of this Agreement will be effective upon receipt or service of such notice.
Corporation’s Right to Terminate. The Corporation shall have the right, at its option, to terminate this agreement at any time upon or during the occurrence of:
(a) Any contingency mentioned in subdivision (a) of clause 16 if it continues for more than two weeks; or
(b) Any contingency mentioned in subdivision (b) of clause 16 if it continues for more than six weeks; or
(c) Any contingency mentioned in subdivision (c), (d) or (e) of clause 16. In the event of the termination of this agreement in accordance with the foregoing provisions, the Corporation shall upon such termination be released from all further obligations to the Employee hereunder, except that it shall be liable to the Employee for such compensation as may have been unpaid prior thereto. Termination by the Corporation shall not be deemed to be a waiver on its part of any other rights or remedies it may have by reason of the circumstances on which the termination is predicated.
Corporation’s Right to Terminate. The Corporation shall have the right, at its option, to terminate this agreement at any time upon or during the occurrence of:
Corporation’s Right to Terminate
