Early Termination of Reduced Arizona Funding Sample Clauses

Early Termination of Reduced Arizona Funding. At the election of the Central Arizona Water Conservation District (CAWCD), the Arizona Permittees' share of the annual Non-federal Cost Share may be raised to twenty- five percent (25%) prior to year 11 of the LCR MSCP, and if so raised, the obligation of The Metropolitan Water District of Southern California and the Southern Nevada Water Authority to pay the increased amount specified in section 8.3.2 of this Agreement shall cease and payment of the additional amounts by the Arizona Permittees pursuant to section 8.3.3 and the reduced amounts by The Metropolitan Water District of Southern California and the Southern Nevada Water Authority pursuant to section 8.3.4 shall commence.
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Related to Early Termination of Reduced Arizona Funding

  • Early Termination In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees:

  • EARLY TERMINATIONS The Student may be released from this agreement for:

  • Orderly Termination Upon termination or other expiration of this Contract, each Party shall promptly return to the other Party all papers, materials, and other properties of the other held by each for purposes of execution of the Contract. In addition, each Party will assist the other Party in orderly termination of this Contract and the transfer of all assets, tangible and intangible, as may be necessary for the orderly, non-disruptive business continuation of each Party.

  • Termination on Notice The Province may terminate the Agreement at any time without liability, penalty, or costs upon giving at least 30 days’ Notice to the Recipient.

  • Termination of Benefits Except as provided in Section 2 above or as may be required by law, Executive’s participation in all employee benefit (pension and welfare) and compensation plans of the Company shall cease as of the Termination Date. Nothing contained herein shall limit or otherwise impair Executive’s right to receive pension or similar benefit payments that are vested as of the Termination Date under any applicable tax-qualified pension or other plans, pursuant to the terms of the applicable plan.

  • Automatic Termination This Agreement shall automatically and immediately terminate in the event of its “assignment” (as defined in the 1940 Act).

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