Exit Clause. Either party may, by giving 60 days notice in advance to the other party, exit from the agreement and the agreement shall stand terminated on expiry of 60th day from receipt of such notice. In such cases, the PBG shall be returned after deducting any amount whatsoever due to BSNL against the agreement.
Exit Clause. 4.1. Either party may terminate the agreement unconditionally after giving notice of at least three months in advance.
Exit Clause. A startup should plan for the departure of its founders from the outset. A consensus should be reached on the terms under which a founder may depart the business and be liberated from their commitments.
Exit Clause. Either party may take exit from this Agreement during its currency by serving 3 months written notice to the other party.
Exit Clause. RD may exit by giving 60days notice and PBG shall be refunded once the pending dues if any are cleared.
Exit Clause. The Franchise agreement can be terminated with mutual agreement of both of the parties after analyzing the scenario. No termination charges will be levied with respect to termination of the agreement under any circumstances.
Exit Clause. Either party can give a months’ notice of terminating the agency relationship provided dues owed by either party has been settled.
Exit Clause. The parties acknowledge that this is a pilot project designed to test new technologies and processes and as such may be discontinued by either party, their estate, authorized representatives and/or assigns prior to the end of the term(s) specified above provided sixty (30) days’ notice is delivered to the other party in writing. Following delivery of notice, the parties will be free of all legal responsibilities under this contract beyond the notice period and shall have no claim for damages howsoever caused.
Exit Clause. 31.1 The exit clause shall be applicable in case of the following –
Exit Clause. 11.1 If the Agreement is terminated in accordance with article 10.6, The IoT Provider shall provide transition assistance for a reasonable, mutually agreed period of time after the expiration or termination of the Agreement. The purpose of this assistance is to allow for the expired or terminated part of the Agreement to continue without interruption or adverse effect, and to facilitate the orderly transfer of such services.
11.2 Unless agreed otherwise, the assistance described in this article is charged as Additional Services. Licensee shall pay The IoT Provider for any resources utilized in performing such transition assistance.
11.3 Parties agree that any transition assistance is governed by the terms and conditions of the Agreement, except for those terms or conditions that do not reasonably apply to such transition assistance.
