Default and Withdrawal Clause Samples

The Default and Withdrawal clause defines the rights and procedures that apply when a party fails to meet its contractual obligations or chooses to exit the agreement. Typically, this clause outlines what constitutes a default, the notice and cure periods, and the steps the non-defaulting party may take, such as terminating the contract or seeking damages. It may also specify the process for voluntary withdrawal, including any required advance notice or penalties. The core function of this clause is to provide a clear framework for handling breaches or early exits, thereby reducing uncertainty and protecting the interests of both parties.
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Default and Withdrawal. (1) If the candidate does not appear at the appointed time and place for the oral ex- amination or if he or she withdraws from the examination before it begins, the ex- amination shall be deemed to have been failed. (2) If the candidate can provide convincing reasons for withdrawing from or missing the examination, he or she must inform the chairperson of the examination com- mittee of these reasons, and provide credible evidence of them, without delay. In the case of illness, the candidate must present a medical certificate to the com- mittee chairperson. (3) If the committee chairperson accepts the reasons given, the oral examination shall be rescheduled. In this case, exam results acquired up to that point shall be credited to the candidate. If the reasons given by the candidate are not found to be convincing, the examination shall be deemed to have been failed. The provi- sions of § 10 shall apply accordingly.
Default and Withdrawal. Default in this Agreement may occur when a Party fails to perform any of the provisions of this Agreement or so fails to administer the work as to endanger the performance of the Agreement. Unless the Party’s default is excused by the non-defaulting Party, the non-defaulting Party may, upon written notice to the defaulting Party representative listed herein, cancel this Agreement in its entirety as indicated below. Any Party may withdraw from this Agreement with or without cause by providing thirty (30) days’ prior written notice to the other Parties herein. Only the governing bodies of the Participating Parties have authority to act pursuant to this provision of the Agreement. Each Party to this agreement reserves the right to withdraw from and cancel this agreement within 30 days from the opening of bids for the project in the event either or both Parties consider any or all bids unsatisfactory; the withdrawal from or cancellation of the agreement to be accomplished by either or both Parties within 30 days of opening of bids by serving a written notice thereof upon the other, unless this right is waived by both Parties in writing.
Default and Withdrawal. Default in this Agreement may occur when a Party fails to perform any of the provisions of this Agreement or so fails to administer the work as to endanger the performance of the Agreement. Unless the Party’s default is excused by the non-defaulting Party, the non-defaulting Party may, upon written notice to the defaulting Party representative listed herein, cancel this Agreement in its entirety as indicated below. Any Party may withdraw from this Agreement with or without cause by providing thirty (30) days’ prior written notice to the other Parties herein. Only the governing bodies of the Participating Parties have authority to act pursuant to this provision of the Agreement.
Default and Withdrawal. A default in this Agreement may occur when a Party fails to perform any of the provisions of this Agreement or so fails to administer the work as to endanger the performance of the Agreement. Unless the Party’s default is excused by the other Participating Parties, the non-defaulting Parties may by majority, vote to remove the defaulting Party by providing written notice of termination of the Agreement as to the defaulting Party only. Any such removal or termination of this Agreement shall become effective upon the sending of such notice and will not cancel any obligations incurred by any Party prior to such termination. Any Party may withdraw from this Agreement with or without cause by providing thirty (30) days’ prior written notice to the other Parties herein. The terms of Article 5, 6, 7, 12 and 13 shall survive the expiration, termination or withdrawal from this Agreement. Only the governing bodies of the Participating Parties have authority to act pursuant to this provision of the Agreement.
Default and Withdrawal. Default in this Agreement may occur when a Party fails to perform any of the provisions of this Agreement or so fails to administer the work as to endanger the performance of the Agreement. Unless the Party’s default is excused by the non-defaulting Party, the non-defaulting Party may, upon written notice to the defaulting Party representative listed herein, cancel this Agreement in its entirety as indicated below. Any Party may withdraw from this Agreement with as set forth above. Only the governing bodies of the Parties have authority to act pursuant to this provision of the Agreement. Mayor Date: County Administrator Date: City Administrator Date: County Attorney Date: County Board Chair 1. Project Understanding
Default and Withdrawal. A. If a party fails to perform any of the provisions of this Agreement or so fails to administer the work as to endanger the performance of the Agreement, this shall constitute a default. Unless the party’s default is excused by the other parties, the non-defaulting parties may by majority, vote to remove the defaulting party by providing written notice of termination of the Agreement as to the defaulting party only. Any such removal or termination of this Agreement shall become effective upon the sending of such notice and will not cancel any obligations incurred by any party prior to such termination. B. Any party may withdraw from this Agreement with or without cause by providing thirty (30) days’ prior written notice to the other parties herein. Withdrawal shall not discharge any liability incurred by any Party prior to withdrawal. Such liability shall continue until discharged by law or agreement. C. The terms of Sections II, III, IV, V, VI, X, XII, and XIII shall survive the expiration, termination or withdrawal from this Agreement.
Default and Withdrawal