Common use of EFFECT OF ENDING THIS AGREEMENT Clause in Contracts

EFFECT OF ENDING THIS AGREEMENT. 10.4.1 Where a Party exercises the Right to End, Kent shall, acting reasonably determine whether the Programme Investment Fund Liabilities exceed the sum remaining in the Programme Investment Fund (a Negative Balance) or the Programme Investment Fund Liabilities are less than the sum remaining in the Programme Investment Fund (a Positive Balance) and shall inform the Borough Councils of the existence of such Negative or Positive Balance 30 Business Days prior to the termination of the Agreement pursuant to the Right to End.

Appears in 2 contracts

Samples: Partnership Agreement, Partnership Agreement

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EFFECT OF ENDING THIS AGREEMENT. 10.4.1 Where a Party exercises the Right to End, Kent Xxxx shall, acting reasonably determine whether the Programme Investment Fund Liabilities exceed the sum remaining in the Programme Investment Fund (a Negative Balance) or the Programme Investment Fund Liabilities are less than the sum remaining in the Programme Investment Fund (a Positive Balance) and shall inform the Borough Councils of the existence of such Negative or Positive Balance 30 Business Days prior to the termination of the Agreement pursuant to the Right to End.

Appears in 1 contract

Samples: Partnership Agreement

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EFFECT OF ENDING THIS AGREEMENT. 10.4.1 11.4.1 Where a Party exercises the Right to End, End and Kent shall, acting reasonably determine whether the Programme Investment Fund Liabilities exceed the sum remaining in the Programme Investment Fund (a Negative Balance) or the Programme Investment Fund Liabilities are less than the sum remaining in the Programme Investment Fund (a Positive Balance) and shall inform the Borough Councils of the existence of such Negative Balance or Positive Balance 30 [[28] Business Days Days] prior to the termination of the Agreement agreement pursuant to the Right to End.

Appears in 1 contract

Samples: democracy.gravesham.gov.uk

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