Dissolution of the contract Sample Clauses

Dissolution of the contract. 9.1 If one party or both parties of the contract proposes to dissolute the contract before the contract expires, the proposal must be compliant with the relative regulations. 9.2 The employer must pay the employee compensation of it confirms to the needed conditions. 9.3 When both parties dissolute the contract, the employer must inform the employee in written form and go through the corresponding procedure.
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Dissolution of the contract. 1. The contract can be prematurely terminated - mutually for an important reason as per § 626 BGB1 without respect of the prescribed period of time, - by the student because of the abandonment or the modification of the training goal with a period of notice of four weeks. 2. The dissolution is declared in a written statement giving details on the reasons for the dissolution. A copy of the statement has to be sent to the faculty without delay.
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Dissolution of the contract. The internship contract is dissolved according to the currently valid legal regulations. The right to dissolve the contract with immediate effect for good cause or by mutual agreement remains unaffected. In all other respects the provisions of § 626 of the German Civil Code shall (BGB) apply. The termination must be in writing.
Sample 1
Dissolution of the contract. The Contractor/s shall not at any time dissolve partnership in respect of this contract or otherwise, change or alter their respective interests therein or assign, sublet or makeover the present contract or the benefit thereof or any part thereof to any person/s whomsoever without the previous consent in writing of the Xxxx, Xxxx GS Medical College & KEM Hospital and Managing Trustee, DJST for the time being. In case the Contractor/s shall at any time commit any breach of this covenant then the Contract Deposit shall be forfeited to the Corporation and shall be retained by the GSMC & KEMH- Department of Urology / DJST as and for liquidated damages.
Sample 1
Dissolution of the contract. 45.1 The Contract may be dissolved after consultation and agreement between the two parties. 45.2 In case of circumstances under Clause 26.5 in the General Conditions, if the execution has been stopped for more than 56 days, and progress payments are not duly paid, the Contractor shall be entitled to terminate the Contract. 45.3 In case of circumstances under Clause 39.2 in the General Conditions, where the Contractor assigns the whole of its contracted construction project to a third party or breaks up the whole construction project into several parts and assigns them separately to third parties in the name of subcontracting, the Employer shall be entitled to terminate the Contract. 45.4 The Employer and the Contractor may terminate the Contract under any of the following circumstances: (a) The Contract cannot be performed due to reason of Force Majeure; (b) The Contract cannot be performed due to default of one party (including stop or pause of the Construction by the reason of the Contractor).
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Dissolution of the contract if the contracting parties agree 1. The contract may be terminated by mutual consent of the parties to the contract in the event of circumstances for which the parties are not responsible and which prevent performance of the contract. 2. If the contract is terminated according to paragraph (1) above, the financial consequences and possible return of the stipend will be specified in the additional protocol.
Sample 1

Related to Dissolution of the contract

  • Dissolution of the Company The Company shall be dissolved upon the happening of any of the following events, whichever shall first occur: (a) upon the written direction of the Member; or (b) the expiration of the term of the Company as provided in Section 2.5 hereof.

  • Dissolution Liquidation and Termination of the Company Section 8.1 Events Causing Dissolution. -------------------------- The Company shall dissolve upon and its affairs shall be wound up after the happening of any of the following events: 8.1.1 the Consent of all of the Members; 8.1.2 the sale or other disposition by the Company of all or substantially all of its assets; or 8.1.3 the entry of a decree of judicial dissolution under Section 18-802 of the Act.

  • Dissolution and Termination of the Company 20 Section 12.1. Dissolution.................................................20 Section 12.2. Liquidation.................................................20 Section 12.3. Time for Liquidation, etc...................................21 Section 12.4. Claims of the Members.......................................21

  • Liquidation of the Company The Company shall give the Escrow Agent written notification of the liquidation and dissolution of the Company in the event that the Company fails to consummate a Business Combination within the time period specified in the Prospectus.

  • Dissolution, etc Wind up, liquidate or dissolve (voluntarily or involuntarily) or commence or suffer any proceedings seeking any such winding up, liquidation or dissolution, except in connection with a merger or consolidation permitted pursuant to Section 10.8.

  • Dissolution of the Partnership The General Partner may dissolve the Partnership prior to the expiration of its term at any time on not less than 60 days’ notice of the dissolution date given to the other Partners. Upon the dissolution of the Partnership, the Partners’ respective interests in the Partnership shall be valued and settled in accordance with the procedures set forth in Section 6.5.

  • Reorganization of the Company The existence of this Award Agreement shall not affect in any way the right or power of the Company or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business; any merger or consolidation of the Company; any issue of bonds, debentures, preferred or prior preference stock ahead of or affecting the Restricted Stock or the rights thereof; the dissolution or liquidation of the Company, or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding, whether of a similar character or otherwise.

  • Dissolution and Liquidation (Check One)

  • Dissolution Winding Up and Termination Upon the occurrence of a liquidating Event, the General Partner shall have the full power and authority to proceed with the liquidation of the Partnership and to take all steps which they may deem necessary or desirable to wind up the Partnership's affairs, having for such purpose all the powers referred to and provided for in Article VI appropriate to accomplish the same and allowing for a reasonable time in order to minimize losses attendant to the liquidation, so that the Partnership may be terminated in accordance with the Act. In the event that there is no General Partner, the Limited Partner may designate one or more Partners or a non-Partner or both to proceed with the liquidation of the Partnership's assets and the termination of the Partnership. In the event that a liquidator is designated pursuant to the preceding sentence, hereinafter in this Article all references to the General Partner shall be deemed to refer to such liquidator.

  • Dissolution and Winding Up of the Company Dissolution. The Company will be dissolved on the happening of any of the following events: Sale, transfer, or other disposition of all or substantially all of the property of the Company; The agreement of all of the Members; By operation of law; or The death, incompetence, expulsion, or bankruptcy of a Member, or the occurrence of any event that terminates the continued membership of a Member in the Company, unless there are then remaining at least the minimum number of Members required by law and all of the remaining Members, within 120 days after the date of the event, elect to continue the business of the Company.

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