Division After Term Expires Sample Clauses

Division After Term Expires. Upon acquiring ownership of the Miner, after compliance with all the terms of this Agreement and expiration of the Term, Lessee may remove the Miner from Lessor’s place of business or, if desired, keep the Miner at Lessor’s place of business (the “Holdover Term”). Throughout the Holdover Term, the Lessor Bitcoin Share and the Lessee Bitcoin Share shall continue. The Holdover Term shall be deemed to be an extension of the Term on a month-to-month basis with regard to lessor’s obligations hereunder and are terminable at any time by Lessor on ten (10) days written notice to Lessee, at which time Lessee must remove the Miner from Lessor’s place of business within thirty (30) days of receipt of notice or be deemed to have forfeited Lessee’s rights of ownership in and to the Miner and shall no longer have any claim of ownership or otherwise with regard to the Miner.
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Related to Division After Term Expires

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  • SHORT-TERM ILLNESS AND INJURY AND LONG-TERM DISABILITY Employees shall be entitled to coverage for short term illness and injury and long term disability in accordance with agreed upon regulations which will be subject to review and revision during the period of this Agreement by negotiations between the Parties and included as Appendix A to this Agreement.

  • Transfer of Responsibility on Expiry or Termination 15.1 The Contractor shall, at no cost to the Department, promptly provide such assistance and comply with such timetable as the Department may reasonably require for the purpose of ensuring an orderly transfer of responsibility upon the expiry or other termination of this Contract. The Department shall be entitled to require the provision of such assistance both prior to and, for a reasonable period of time after the expiry or other termination of this Contract.

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  • Obligations after Termination a. Following termination of this Agreement, a Party shall remain liable for all obligations arising hereunder prior to the effective date of termination, including all obligations accrued prior to the effective date, imposed on the Party by this Agreement or the ISO Tariffs or other ISO Related Agreements.

  • Transition to Retirement 24.1 An Employee may advise their Employer in writing of their intention to retire within the next five years and participate in a retirement transition arrangement.

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  • Re-employment After Voluntary Termination or Dismissal for Cause Where an employee voluntarily leaves the Employer's service, or is dismissed for cause and is later re-engaged, seniority and all perquisites shall date only from the time of re-employment, according to regulations applying to new employees.

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  • Definition of Total Disability Total disability means that the employee is unable, because of sickness or accident, to perform the duties of their regular occupation. This definition applies for the first twenty-four (24) months of payments. After this time, the inability to perform an occupation for which the employee is reasonably fitted by training, education or experience will constitute total disability. It is not required that an employee be confined to home, but they must be under the regular care of a physician.

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