Discretion to Terminate Sample Clauses
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Discretion to Terminate. NJNG reserves the right, in its sole and absolute discretion, to terminate this Agreement, or any portion thereof, upon prior written notice to Marketer, if: (a) Marketer breaches said Agreement or is in default of any obligation hereunder, and the breach or default has not been cured within thirty (30) days from the date Marketer is notified of such breach or default; or (b) Marketer (i) applies for or consents to the appointment of or the taking of possession by a receiver, custodian. trustee, or liquidator of itself or of all or a substantial part of its property; (ii) becomes insolvent; (iii) makes a general assignment for the benefit of creditors; (iv) suffers or permits the appointment of a receiver for its business or assets; (v) becomes subject to any proceeding under any bankruptcy or insolvency law whether domestic or foreign, voluntarily or otherwise; or (vi) fails to contest in a timely or appropriate manner. or acquiesces in writing to, any petition filed against it in an involuntary case under the Federal Bankruptcy Code or any application for the appointment of a receiver, custodian, trustee, or liquidation of itself or of all or a substantial part of its property, or its reorganization, or dissolution.
Discretion to Terminate. MRMLS may terminate this License to use the MRMLS Trademark at any time and in its sole discretion, upon ten (10) days notice.
Discretion to Terminate. Notwithstanding Section 2, NJNG reserves the right, in its sole and absolute discretion, to terminate the Service Agreement, or any portion thereof, upon prior written notice to TPS, if:
(a) NJNG determines in its sole discretion to terminate for convenience upon ten (10) days advanced written notice; (b) TPS breaches the Service Agreement or these Terms and Conditions or is in default of any obligation hereunder, and the breach or default has not been cured within thirty (30) days from the date TPS is notified of such breach or default; or (c) TPS (i) applies for or consents to the appointment of or the taking of possession by a receiver, custodian. trustee, or liquidator of itself or of all or a substantial part of its property; (ii) becomes insolvent; (iii) makes a general assignment for the benefit of creditors; (iv) suffers or permits the appointment of a receiver for its business or assets; (v) becomes subject to any proceeding under any bankruptcy or insolvency law whether domestic or foreign, voluntarily or otherwise; or (vi) fails to contest in a timely or appropriate manner. or acquiesces in writing to, any petition filed against it in an involuntary case under the Federal Bankruptcy Code or any application for the appointment of a receiver, custodian, trustee, or liquidation of itself or of all or a substantial part of its property, or its reorganization, or dissolution.
Discretion to Terminate. Either party is permitted to terminate the Contract at their sole discretion by giving at least one (1) month written notice to the other party.
Discretion to Terminate. NJNG reserves the right, in its sole and absolute discretion, to terminate these Terms and Conditions, or any portion thereof, upon prior written notice to TPS, if: (a) NJNG determines in its sole discretion to terminate for convenience upon ten (10) days advanced written notice; (b) TPS breaches these Terms and Conditions or is in default of any obligation hereunder, and the breach or default has not been cured within thirty (30) days from the date TPS is notified of such breach or default; or (c) TPS (i) applies for or consents to the appointment of or the taking of possession by a receiver, custodian. trustee, or liquidator of itself or of all or a substantial part of its property; (ii) becomes insolvent; (iii) makes a general assignment for the benefit of creditors; (iv) suffers or permits the appointment of a receiver for its business or assets; (v) becomes subject to any proceeding under any bankruptcy or insolvency law whether domestic or foreign, voluntarily or otherwise; or (vi) fails to contest in a timely or appropriate manner. or acquiesces in writing to, any petition filed against it in an involuntary case under the Federal Bankruptcy Code or any application for the appointment of a receiver, custodian, trustee, or liquidation of itself or of all or a substantial part of its property, or its reorganization, or dissolution.
Discretion to Terminate. If, in the opinion of the Shire, the Managers:
(a) is unable by reason of illness or any other cause to act as Managers of the Park and manage and administer the Park for any extended period not less than 21 days;
(b) is guilty of any personal misconduct that would detract from the Managers ability to properly and adequately discharge the duties and obligations under this Agreement; or
(c) is guilty of any personal misconduct that would discourage members of the public from utilising the Park as a public facility, then the Shire may give notice in writing to the Managers terminating this Agreement within seven (7) days of receipt of the notice by the Managers, and in that event, the Agreement terminates upon expiration of that period.
Discretion to Terminate. Notwithstanding Section 2, NJNG reserves the right, in its sole and absolute discretion, to terminate these Terms and Conditions, or any portion thereof, upon prior written notice to TPS, if: (a) NJNG determines in its sole discretion to terminate for convenience upon ten (10) days advanced written notice;