Common use of Effects of a Termination Notice Clause in Contracts

Effects of a Termination Notice. Where either party has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties' continuing rights and obligations under this Agreement up to the date of termination as specified in the Termination Notice or such later date as the party which has served the Termination Notice may notify to the other following the service of the Termination Notice but prior to the date upon which it shall have been specified to have effect; (b) the party which has served the Termination Notice shall withdraw it by notice to the other party upon being reasonably satisfied that any relevant Event of Default has been remedied; (c) this Agreement shall terminate on the later of: (i) the date and time specified in the Termination Notice or such later date and time as the party which has served the Termination Notice may notify to the other prior to the date and time upon which it shall have been specified to have effect; and (ii) 28 days after the date upon which a copy of the Termination Notice shall have been given to the Office of Rail and Road; (d) promptly after it has been served, a copy of the Termination Notice shall be sent by the party serving such notice to the Secretary of State at the address set out in paragraph 5 of Schedule 1, or such other address as shall be notified by it to the parties from time to time; and (e) termination of this Agreement by either party shall be without prejudice to any right of action that may have arisen prior to, or may arise in consequence of, such termination.

Appears in 6 contracts

Samples: Depot Access Agreement, Depot Access Agreement, Depot Access Agreement

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Effects of a Termination Notice. Where either party has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties' continuing rights and obligations under this Agreement up to the date of termination as specified in the Termination Notice or such later date as the party which has served the Termination Notice may notify to the other following the service of the Termination Notice but prior to the date upon which it shall have been specified to have effect; (b) the party which has served the Termination Notice shall withdraw it by notice to the other party upon being reasonably satisfied that any the relevant Event of Default has been remedied; (c) this Agreement shall terminate in relation to the Station on the later of: (i) the date and time specified in the Termination Notice or such later date and time as the party which has served the Termination Notice may notify to the other prior to the date and time upon which it shall have been specified to have effect; and (ii) 28 days after the date upon which a copy of the Termination Notice shall have been given to the Office of Rail and Road; (d) promptly after it has been served, a copy of the Termination Notice shall be sent by the party serving such notice to the Secretary of State at the address set out in paragraph 5 of Schedule 1, or such other address as shall be notified by it to the parties from time to time; and (ed) termination of this Agreement in relation to the Station by either party shall be without prejudice to any right of action that may have arisen prior to, or may arise in consequence of, such termination.

Appears in 3 contracts

Samples: Station Access Agreement, Station Access Agreement, Station Access Agreement

Effects of a Termination Notice. Where either party has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties' continuing rights and obligations under this Agreement up to the date of termination as specified in the Termination Notice or such later date as the party which has served the Termination Notice may notify to the other following the service of the Termination Notice but prior to the date upon which it shall have been specified to have effect; (b) the party which has served the Termination Notice shall withdraw it by notice to the other party upon being reasonably satisfied that any the relevant Event of Default has been remedied;; and (c) this Agreement shall terminate in relation to the Station on the later of: (i) the date and time specified in the Termination Notice or such later date and time as the party which has served the Termination Notice may notify to the other prior to the date and time upon which it shall have been specified to have effect; and (ii) 28 days after the date upon which a copy of the Termination Notice shall have been given to the Office of Rail and Road; (d) promptly after it has been served, a copy of the Termination Notice shall be sent by the party serving such notice to the Secretary of State at the address set out in paragraph 5 of Schedule 1, or such other address as shall be notified by it to the parties from time to time; and (ed) termination of this Agreement in relation to the Station by either party shall be without prejudice to any right of action that may have arisen prior to, or may arise in consequence of, such termination.

Appears in 2 contracts

Samples: Station Access Agreement, Station Access Agreement

Effects of a Termination Notice. Where either party has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties' continuing rights and obligations under this Agreement up to the date of termination as specified in the Termination Notice or such later date as the party which has served the Termination Notice may notify to the other following the service of the Termination Notice but prior to the date upon which it shall have been specified to have effect; (b) the party which has served the Termination Notice shall withdraw it by notice to the other party upon being reasonably satisfied that any the relevant Event of Default has been remedied; (c) this Agreement shall terminate in relation to the Station on the later of: (i) the date and time specified in the Termination Notice or such later date and time as the party which has served the Termination Notice may notify to the other prior to the date and time upon which it shall have been specified to have effect; and (ii) 28 days after the date upon which a copy of the Termination Notice shall have been given to the Office of Rail and Road; (d) promptly after it has been served, a copy of the Termination Notice shall be sent by the party serving such notice Station Facility Owner to the Secretary of State at the address set out in paragraph 5 3 of Schedule 12, or such other address as shall be notified by it him to the parties Station Facility Owner from time to time; and (e) termination of this Agreement by either party shall be without prejudice to any right of action that may have arisen prior to, or may arise in consequence of, such termination.

Appears in 1 contract

Samples: Station Access Agreement

Effects of a Termination Notice. Where either party has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties' continuing rights and obligations under this Agreement up to the date of termination as specified in the Termination Notice or such later date as the party which has served the Termination Notice may notify to the other following the service of the Termination Notice but prior to the date upon which it shall have been specified to have effect; (b) the party which has served the Termination Notice shall withdraw it by notice to the other party upon being reasonably satisfied that any the relevant Event of Default has been remedied; (c) this Agreement shall terminate in relation to the Station on the later of: (i) the date and time specified in the Termination Notice or such later date and time as the party which has served the Termination Notice may notify to the other prior to the date and time upon which it shall have been specified to have effect; and (ii) 28 days after the date upon which a copy of the Termination Notice shall have been given to the Office of Rail and RoadRegulation; (d) promptly after it has been served, a copy of the Termination Notice shall be sent by the party serving such notice Station Facility Owner to the Secretary of State at the address set out in paragraph 5 3 of Schedule 12, or such other address as shall be notified by it him to the parties Station Facility Owner from time to time; and (e) termination of this Agreement by either party shall be without prejudice to any right of action that may have arisen prior to, or may arise in consequence of, such termination.

Appears in 1 contract

Samples: Station Access Agreement

Effects of a Termination Notice. Where either party has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties' continuing rights and obligations under this Agreement up to the date of termination as specified in the Termination Notice or such later date as the party which has served the Termination Notice may notify to the other following the service of the Termination Notice but prior to the date upon which it shall have been specified to have effect; (b) the party which has served the Termination Notice shall withdraw it by notice to the other party upon being reasonably satisfied that any the relevant Event of Default has been remedied;; and (c) this Agreement shall terminate in relation to the Station on the later of: (i) the date and time specified in the Termination Notice or such later date and time as the party which has served the Termination Notice may notify to the other prior to the date and time upon which it shall have been specified to have effect; and (ii) 28 days after the date upon which a copy of the Termination Notice shall have been given to the Office of Rail and Road; (d) promptly after it has been served, a copy of the Termination Notice shall be sent by the party serving such notice to the Secretary of State at the address set out in paragraph 5 of Schedule 1, or such other address as shall be notified by it to the parties from time to timeRegulation; and (ed) termination of this Agreement in relation to the Station by either party shall be without prejudice to any right of action that may have arisen prior to, or may arise in consequence of, such termination.

Appears in 1 contract

Samples: Charter Station Access Agreement

Effects of a Termination Notice. Where either party has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties' continuing rights and obligations under this Agreement up to the date of termination as specified in the Termination Notice or such later date as the party which has served the Termination Notice may notify to the other following the service of the Termination Notice but prior to the date upon which it shall have been specified to have effect; (b) the party which has served the Termination Notice shall withdraw it by notice to the other party upon being reasonably satisfied that any the relevant Event of Default has been remedied; (c) this Agreement shall terminate in relation to the Station on the later of: (i) the date and time specified in the Termination Notice or such later date and time as the party which has served the Termination Notice may notify to the other prior to the date and time upon which it shall have been specified to have effect; and (ii) 28 days after the date upon which a copy of the Termination Notice shall have been given to the Office of Rail and Road;Regulation; and (d) promptly after it has been served, a copy of the Termination Notice shall be sent by the party serving such notice Station Facility Owner to the Secretary of State at the address set out in paragraph 5 3 of Schedule 12, or such other address as shall be notified by it him to the parties Station Facility Owner from time to time; and (e) termination of this Agreement by either party shall be without prejudice to any right of action that may have arisen prior to, or may arise in consequence of, such termination.

Appears in 1 contract

Samples: Station Access Agreement

Effects of a Termination Notice. Where either party has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties' continuing rights and obligations under this Agreement up to the date of termination as specified in the Termination Notice or such later date as the party which has served the Termination Notice may notify to the other following the service of the Termination Notice but prior to the date upon which it shall have been specified to have effect; (b) the party which has served the Termination Notice shall withdraw it by notice to the other party upon being reasonably satisfied that any relevant Event of Default has been remedied; (c) this Agreement shall terminate on the later of: (i) the date and time specified in the Termination Notice or such later date and time as the party which has served the Termination Notice may notify to the other prior to the date and time upon which it shall have been specified to have effect; and (ii) 28 days after the date upon which a copy of the Termination Notice shall have been given to the Office of Rail and Road; (d) promptly after it has been served, a copy of the Termination Notice shall be sent by the party serving such notice to the Secretary of State at the address set out in paragraph 5 of Schedule 1, or such other address as shall be notified by it to the parties from time to time; and (e) termination of this Agreement by either party shall be without prejudice to any right of action that may have arisen prior to, or may arise in consequence of, such termination.

Appears in 1 contract

Samples: Depot Access Agreement

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Effects of a Termination Notice. Where either party has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties' continuing rights and obligations under this Agreement up to the date of termination as specified in the Termination Notice or such later date as the party which has served the Termination Notice may notify to the other following the service of the Termination Notice but prior to the date upon which it shall have been specified to have effect; (b) the party which has served the Termination Notice shall withdraw it by notice to the other party upon being reasonably satisfied that any the relevant Event of Default has been remedied; (c) this Agreement shall terminate in relation to the Station on the later of: (i) the date and time specified in the Termination Notice or such later date and time as the party which has served the Termination Notice may notify to the other prior to the date and time upon which it shall have been specified to have effect; and (ii) 28 days after the date upon which a copy of the Termination Notice shall have been given to the Office of Rail and Road;; and (d) promptly after it has been served, a copy of the Termination Notice shall be sent by the party serving such notice Station Facility Owner to the Secretary of State at the address set out in paragraph 5 3 of Schedule 12, or such other address as shall be notified by it him to the parties Station Facility Owner from time to time; and (e) termination of this Agreement by either party shall be without prejudice to any right of action that may have arisen prior to, or may arise in consequence of, such termination.

Appears in 1 contract

Samples: Station Access Agreement

Effects of a Termination Notice. Where either party has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties' continuing rights and obligations under this Agreement up to the date of termination as specified in the Termination Notice or such later date as the party which has served the Termination Notice may notify to the other following the service of the Termination Notice but prior to the date upon which it shall have been specified to have effect; (b) the party which has served the Termination Notice shall withdraw it by notice to the other party upon being reasonably satisfied that any the relevant Event of Default has been remedied; (c) this Agreement shall terminate in relation to the Station on the later of: (i) the date and time specified in the Termination Notice or such later date and time as the party which has served the Termination Notice may notify to the other prior to the date and time upon which it shall have been specified to have effect; and (ii) 28 days after the date upon which a copy of the Termination Notice shall have been given to the Office of Rail and Road; (d) promptly after it has been served, a copy of the Termination Notice shall be sent by the party serving such notice to the Secretary of State at the address set out in paragraph 5 of Schedule 1, or such other address as shall be notified by it to the parties from time to timeRegulation; and (ed) termination of this Agreement in relation to the Station by either party shall be without prejudice to any right of action that may have arisen prior to, or may arise in consequence of, such termination.

Appears in 1 contract

Samples: Charter Independent Station Access Agreement

Effects of a Termination Notice. Where either party has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties' continuing rights and obligations under this Agreement up to the date of termination as specified in the Termination Notice or such later date as the party which has served the Termination Notice may notify to the other following the service of the Termination Notice but prior to the date upon which it shall have been specified to have effect; (b) the party which has served the Termination Notice shall withdraw it by notice to the other party upon being reasonably satisfied that any relevant Event of Default has been remedied; (c) this Agreement shall terminate on the later of: (i) the date and time specified in the Termination Notice or such later date and time as the party which has served the Termination Notice may notify to the other prior to the date and time upon which it shall have been specified to have effect; and (ii) 28 days after the date upon which a copy of the Termination Notice shall have been given to the Office of Rail and RoadRegulation; (d) promptly after it has been served, a copy of the Termination Notice shall be sent by the party serving such notice to the Secretary of State at the address set out in paragraph 5 of Schedule 1, or such other address as shall be notified by it to the parties from time to time; and (e) termination of this Agreement by either party shall be without prejudice to any right of action that may have arisen prior to, or may arise in consequence of, such termination, provided always that no termination by the Beneficiary under Clause 7.4.2(c) or by the Depot Facility Owner under Clause 7.4.1(d) shall of itself give rise or be deemed to give rise to any right of action by the Depot Facility Owner or the Beneficiary respectively.

Appears in 1 contract

Samples: Depot Access Agreement

Effects of a Termination Notice. Where either party has served a Termination Notice on the other: (a) the service of the Termination Notice shall not affect the parties' continuing rights and obligations under this Agreement up to the date of termination as specified in the Termination Notice or such later date as the party which has served the Termination Notice may notify to the other following the service of the Termination Notice but prior to the date upon which it shall have been specified to have effect;effect;‌ (b) the party which has served the Termination Notice shall withdraw it by notice to the other party upon being reasonably satisfied that any relevant Event of Default has been remedied;remedied;‌ (c) this Agreement shall terminate on the later of:of:‌ (i) the date and time specified in the Termination Notice or such later date and time as the party which has served the Termination Notice may notify to the other prior to the date and time upon which it shall have been specified to have effect; andand‌ (ii) 28 days after the date upon which a copy of the Termination Notice shall have been given to the Office of Rail and Road;Road;‌ (d) promptly after it has been served, a copy of the Termination Notice shall be sent by the party serving such notice to the Secretary of State at the address set out in paragraph 5 of Schedule 1, or such other address as shall be notified by it to the parties from time to time; andand‌ (e) termination of this Agreement by either party shall be without prejudice to any right of action that may have arisen prior to, or may arise in consequence of, such termination.termination.‌

Appears in 1 contract

Samples: Depot Access Agreement

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