IMMEDIATE CANCELLATION Clause Samples

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IMMEDIATE CANCELLATION. In the event the Leased Premises or any portion thereof shall become necessary to be permanently occupied by the District for its needs, the District may cancel and terminate this Lease upon twelve (12) months written notice to Tenant; provided that, Tenant shall be compensated for the fair market value of all structures and improvements constructed thereon and owned by the Tenant.
IMMEDIATE CANCELLATION. This Agreement will terminate immediately if ---------------------- Licensee encumbers, transfers the Software except as provided for herein, or if Licensee becomes insolvent, makes an arrangement for the benefit of creditors, or becomes subject to bankruptcy proceedings.
IMMEDIATE CANCELLATION. When a customer initiates an immediate cancellation, the account is automatically terminated and the data will be deleted simultaneously at that time. A customer requested immediate cancellation supersedes Squidix’s regular wait time of 30 days to delete data.
IMMEDIATE CANCELLATION. (a) The Commitments shall be immediately cancelled in full if: (i) the Closing Date has not occurred on or before the Long Stop Date; or (ii) the Acquisition Agreement has been rescinded, repudiated, terminated or otherwise ceases to be in full force and effect or capable of consummation in accordance with its terms. (b) The then unutilised Commitments shall be immediately cancelled at the end of the Availability Period. (c) The then unutilised Commitments shall be immediately cancelled in part, by an amount equal to US$15,000,000, if the acquisition of the South African Target is not completed on or prior to the South Africa Long Stop Date. Any such cancellation shall reduce the Commitments of the Lenders rateably.