Effect of Termination of the Contract Sample Clauses

Effect of Termination of the Contract. (a) The Lead Provider shall provide notice to Investors of the occurrence of an Early Termination Event as follows:
AutoNDA by SimpleDocs
Effect of Termination of the Contract. (a) If a Termination Event occurs that permits the SPV to terminate this Contract at the SPV’s option or with the agreement of the City, the SPV shall notify the Lenders of such Termination Event and whether or not the SPV desires to terminate this Contract. The SPV shall not terminate this Contract without Lender Consent. If the SPV has notified the Lenders that the SPV desires to terminate this Contract at its option or with the agreement of the City, as applicable, and Lender Consent is not obtained within ten Business days after Lenders receive such notice of the Termination Event, the SPV may, by notice to the Lenders and the City, withdraw from the Project (an “SPV Elective Withdrawal”), effective 90 days after the delivery of the notice (or on such earlier date as the Lenders may approve by Lender Consent).
Effect of Termination of the Contract. Employer and Administrator mutually agree, upon termination of this contract, the rights, duties and liabilities of each party shall cease except as to: injuries occurring, or occupational diseases having their inception, to Employer’s Apprentices prior to the date of termination; and premium, DWRF Assessment, and Administrative Assessment due and payable to the Administrator from Employer accruing prior to the date of termination. This includes any premium, DWRF Assessment, or Administrative Assessment due and payable to the Administrator from Employer because of any unreported, misreported, or unaudited payroll, number of Apprentices reported, or manual classifications.
Effect of Termination of the Contract. Reversibility At the end of the Contract, for whatever reason, the Client will no longer be entitled to the Services and will no longer have access to the Subscribed Solutions. Lucca undertakes to provide the Client, at its request and for a maximum of thirty (30) days following termination of the Contract, for whatever reason, raw Data through exports in CVS format. Any specific assistance will be invoiced by Lucca for time spent at the rate in effect at Lucca at that time. After these thirty (30) days, Lucca shall delete, or have deleted, all Data, except payslips uploaded by the Client through the ‘Pagga Payslip’ Solution, which will be kept for fifty (50) years from the end of the Contract. Lucca guarantees their availability to the Client’s employees for the same period through Pagga Payslip, the secure payslip distribution and storage solution, whose secure website xxxxx://xxxxx.xxxxxx.xxx is managed by Lucca. Lucca also guarantees that, in case of cessation of activity, the owners of the payslips stored in Pagga Payslip will be informed at least three (3) months before the closure of the services to allow them to recover their payslips.
Effect of Termination of the Contract. Employer and Administrator mutually agree, upon termination of this contract, the rights, duties and liabilities of each party shall cease except as to: injuries occurring, or occupational diseases having their inception, to Employer’s Apprentices prior to the date of termination; and premium, DWRF Assessment, and Administrative Assessment due and payable to the Administrator from the Employer accruing prior to the date of termination.
Effect of Termination of the Contract. Employer and Administrator mutually agree, upon termination of this contract, the rights, duties and liabilities of each part y shall cease except as to: injuries occurring, or occupational diseases having their inception, to Employer’s Apprentices prior to the date of termination; and premium, DWRF Assessment, and Administrative Assessment due and payable to the Administrator from Employer accruing prior to the date of termination. This includes any premium, DWRF Assessment, or Administrative Assessment due and payable to the Administrator from Employer because of any unreported, misrep o rted , o r unaudited payroll, number of Apprentices reported, or manual classifications.

Related to Effect of Termination of the Contract

  • Effect of Termination Upon any expiration of the Term or termination of this Agreement, the obligations and rights of the parties hereto shall cease, provided that such expiration or termination of this Agreement shall not relieve the parties of any obligation or breach of this Agreement accruing prior to such expiration or termination, including, without limitation, all accrued payment obligations arising under Article 6. In addition, Article 5, Article 7, Section 2.12, Section 4.5, and this Section 4.6 shall survive the expiration or termination of this Agreement. For the avoidance of doubt, the rights of Registry Operator to operate the registry for the TLD shall immediately cease upon any expiration of the Term or termination of this Agreement.

  • Effect of Termination of Agreement Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer and Provider under this Agreement shall be terminated (other than the indemnity obligations set forth in Section 13). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

  • Termination of the Contract 11.1. The Coordinator may terminate the contract if the Co-beneficiary has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Co-beneficiary by registered letter has remained without effect for one month.

  • Effect of Termination Notice Where Network Rail or the Train Operator has served a Termination Notice on the other:

  • Termination and Suspension of the Contract 27.1. The Competent Body shall suspend the Contract in a binding order if: o The License is suspended; o There is a direct threat to life or health of the people working or residing in a zone influenced by the operations under the Contract;

  • Effect of Termination Survival If the Service Agreement is terminated, the Provider shall destroy all of LEA’s Student Data pursuant to Article IV, section 6.

  • Notification of Termination 22.3.2.1 Upon the occurrence at District's sole determination of any of the above conditions, or upon Developer’s failure to perform any material covenant, condition or agreement in this Facilities Lease, District may, without prejudice to any other right or remedy, serve written notice upon Developer and its Surety of District's termination of this Facilities Lease and/or Developer’s right to perform the Work of this Facilities Lease. This notice will contain the reasons for termination.

  • DETERMINATION OF BREACH AND TERMINATION OF AGREEMENT A. Prior to making a determination that the Applicant has failed to comply in any material respect with the terms of this Agreement or to meet any material obligation under this Agreement, the District shall provide the Applicant with a written notice of the facts which it believes have caused the breach of this Agreement, and if cure is possible, the cure proposed by the District. After receipt of the notice, the Applicant shall be given ninety (90) days to present any facts or arguments to the Board of Trustees showing that it is not in breach of its obligations under this Agreement, or that it has cured or undertaken to cure any such breach.

  • Survival of Termination The provisions of Sections 1.7, 1.8, 3.1, 3.2, 5.4, 5.5, 5.6, 5.7, 5.10 and 5.13 shall survive any termination of this Agreement.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!