FORFEITURE AND TERMINATION Sample Clauses

FORFEITURE AND TERMINATION. (a) In addition to all other rights and powers retained by the Village under this chapter or otherwise, the Village reserves the right to terminate the franchise and all rights and privileges of the Grantee hereunder in the event of a breach of its terms and conditions. A breach by the Grantee shall include, but shall not be limited to the following:
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FORFEITURE AND TERMINATION. A. Except as may otherwise be determined by the Committee or as required by Article III. A. 1, 2 or 3 above , if Executive voluntarily terminates employment with CACI, is terminated by CACI for Cause or converts from full-time status to part-time status prior to the Vesting Date (or becoming eligible for Retirement), or in the event of the lapsing of the RSUs in accordance with the provisions of Article VIII below prior to the Vesting Date, all unvested RSUs shall be forfeited, and Executive will be entitled to receive within thirty (30) days following his or her Separation from Service the lesser of:
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FORFEITURE AND TERMINATION. (1) Pursuant to sec. 21.47 of this chapter, in addition to all other rights and powers retained by the City under this chapter or otherwise, the City reserves the right to forfeit and terminate the Franchise and all rights and privileges of the grantee hereunder in the event of a substantial breach of its terms and conditions following the required 30 day period to cure. A substantial breach by the grantee shall include, but shall not be limited to the following:
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FORFEITURE AND TERMINATION. 18 24. ACKNOWLEDGEMENTS.......................................... 18 24.1 Acknowledgements.......................................... 18 24.2
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FORFEITURE AND TERMINATION. 23.1 If the Tenant commits any substantive breach of the provisions of this agreement and fails to remedy such breach within twenty-one (21) days after notice in writing by the Developer or the Landlord to the Tenant specifying the breach or if an Event of Default (as that term is defined in the Leases) occurs then in any such case the Developer or the Landlord may at any time thereafter by notice in writing to the Tenant determine this Agreement but without prejudice to any claim which the Developer or the Landlord may have against the Tenant arising before the date of determination Provided that notwithstanding such determination the Tenant shall if and to the extent required by the Developer or the Landlord remove at its own expense any works carried out by or on behalf of the Tenant to the Building and reinstate the same and if the Tenant shall default in carrying out any such works of removal and reinstatement either of the Landlord or the Developer shall be entitled to carry out such works at the Tenant's expense and all costs so incurred shall be repaid by the Tenant forthwith upon demand.
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FORFEITURE AND TERMINATION. Xxxxxxxx hereby forfeits to the Company, without any additional consideration, compensation or payment, alt shares of Original Stock beneficially owned by Xxxxxxxx or any affiliated party ("Forfeited Shares"), except for all of the 2002 Shares, 600,000 shares of the 2004 Shares and all of the 2005 Shares (collectively, the "Retained Shares"). The Restricted Stock Agreement and any written Agreement associated with the Retained Shares are hereby terminated and superseded by this Agreement.
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FORFEITURE AND TERMINATION. (a) In addition to all other rights and powers of the City, the City reserves the right to forfeit and terminate this franchise and all rights and privileges of the Franchisee in the event of a material or substantial breach of its terms and conditions including, but not limited to, the following:
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FORFEITURE AND TERMINATION. (a) In addition to all other rights and powers retained by the village under this article or otherwise, the village reserves the right to forfeit and terminate the franchise under this article and all rights and privileges of the grantee under this article in the event of a substantial breach of its terms and conditions. A substantial breach by the grantee shall include, but shall not be limited to, the following:
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Related to FORFEITURE AND TERMINATION

  • Termination and Termination Benefits Notwithstanding the provisions of Section 3, the Executive's employment under this Agreement shall terminate under the following circumstances set forth in this Section 6.

  • Employment and Termination Neither the Plan, this Agreement nor any related documents, communications or other material shall give Employee the right to continued employment by BellSouth or by any Subsidiary or shall adversely affect the right of any such company to terminate Employee's employment with or without cause at any time.

  • Termination and Termination Pay Subject to Section 12 of this Agreement, Executive’s employment under this Agreement may be terminated in the following circumstances:

  • Release and Termination (a) Upon any sale, transfer or other disposition or removal from the Designated Pool of any Pool Aircraft (or Owner Subsidiary or Intermediate Lessee) or other item of Collateral in accordance with the terms of the Loan Documents, including the Pledged Equity Interest in each Owner Subsidiary or Intermediate Lessee that owns or leases such Pool Aircraft, or if applicable, Irish Subsidiary Holdco or CA Subsidiary Holdco (in each case, upon a removal of such Transaction Party in accordance with Sections 2.10 or 5.04 of the Credit Agreement), such Collateral will be deemed released from the Lien hereof (and related guarantees will be deemed released in accordance with Section 7.11 of the Credit Agreement), and the Collateral Agent will, at the relevant Grantor’s expense, execute and deliver to the Grantor of such item of Collateral such documents as such Grantor shall reasonably request and provide to the Collateral Agent to evidence the release of such item of Collateral from the assignment and security interest granted hereby and to evidence the release of any related guaranty, and to the extent that (A) the Collateral Agent’s consent is required for any deregistration of the interests in such released Collateral from the International Registry or any other registry or (B) the Collateral Agent is required to initiate any such deregistration, the Collateral Agent shall ensure that such consent or such initiation of such deregistration is effected. Any amounts released from the Collateral Account by the Collateral Agent in accordance with the terms of the Loan Documents shall be deemed released from the Lien hereof.

  • Termination of Plans Promptly and in any event within two Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

  • Xxxx and Termination of Agreement 1. This Agreement shall run for a period of one (1) year from the date first written above and will be renewed from year to year thereafter unless terminated by either party as provided hereunder.

  • Expiration and Termination This Agreement is for one academic year (August 1, 2018 through July 31, 2019) and will automatically renew for the following academic year unless terminated as indicated below by either party.

  • Compensation and Benefits Upon Termination (a) If Executive’s employment is terminated by reason of death or Disability, the Company shall pay Executive’s Base Salary, at the rate then in effect, in accordance with the payroll policies of the Company, through the date of such termination (in the event of Executive’s death, the payments will be made to Executive’s beneficiaries or legal representatives) and Executive shall not be entitled to any further Base Salary or any applicable bonus, benefits or other compensation for that year or any future year, except as may be provided in Sections 5(d) or (e) below or an applicable benefit plan or program, or to any severance compensation of any kind, nature or amount.

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