Immediate Termination by Either Party Sample Clauses

Immediate Termination by Either Party. Without prejudice to any accrued rights and remedies under this Agreement, either Party may terminate this Agreement immediately by giving written notice to the other Party upon the occurrence of any of the following events (provided such notice to terminate is given within three (3) months following the occurrence of the event):
AutoNDA by SimpleDocs
Immediate Termination by Either Party. This Agreement may be ------------------------------------- terminated immediately by either party in the event that:
Immediate Termination by Either Party. (a) This Agreement may be terminated immediately, at the option of the other party (to be exercised in the absolute discretion of such other party), upon the occurrence of any of the following with respect to either IPA or MANAGER: (i) such party shall dissolve, (ii) such party shall file a bankruptcy petition, (iii) an involuntary order for relief or bankruptcy petition shall be filed against such party and the same shall not have been dismissed within sixty (60) days from the date of entry or filing, (iv) such party shall make a general filing for the benefit of creditors, or (v) there shall occur the appointment of a receiver, trustee, custodian, or liquidator of or for any part of the assets or property of such party.
Immediate Termination by Either Party. Notwithstanding any other provision of this agreement, either party shall have the right to terminate or suspend this agreement immediately, without penalty, upon delivery of written notice or at such later date as may be contained in the notice if:
Immediate Termination by Either Party. Either Party will have the right to terminate the Agreement immediately upon providing written notice upon the occurrence of any of the following events of material default by the other Party: The Party’s insolvency, bankruptcy, receivership, dissolution or making any assignment for the benefit of creditors; Failure to comply with any applicable federal, state or local laws, rules and regulations applicable to the Party’s performance under the Agreement; The criminal indictment or conviction of the Party or any officer, director, major stockholder, or employee of the Party, or Subcontractor of Agent that either, materially affects the notifying Party’s ability to carry out its obligations under the Agreement, or involves moral turpitude or claims of dishonesty by the Party; Any civil judgment against the Party, or any officer, director, major stockholder, employee of the Party, or Subcontractor of Agent that either materially affects the Party’s ability to carry out its obligations under the Agreement or involves moral turpitude or claims of dishonesty; A violation of the Confidentiality and Trademark obligations contained in the Agreement; Immediate Termination by White Label Operator Name. White Label Operator Name will have the right to terminate the Agreement immediately upon providing written notice upon the occurrence of any of the following events of material default by Agent: Agent’s intentional or willful misrepresentation of the Services or the cost of the Services; or Agent's breach of the Agreement three (3) or more times during the Agreement. Termination after Failure to Cure. White Label Operator Name will have the right to terminate the Agreement upon providing written notice and a thirty (30) day cure period in the event of a breach of any of the following: Agent’s material breach of any representation or obligation in the Agreement not covered in the preceding Section; or A violation of any White Label Operator Name Policy provided to Agent in writing or posted on the Agent Portal other than breaches covered in the preceding Section.
Immediate Termination by Either Party. Either Party may immediately terminate this Agreement by notifying the other Party in writing if, due to an interpretation of an existing law or regulation, or the issuance of any new laws or regulations, there is reason to believe that the arrangement described in this Agreement is no longer supportable, or that there is a reasonable expectation that the arrangement as described in this Agreement would, upon review by a regulatory agency or other authoritative third party, be deemed to be inconsistent with either Party’s applicable legal obligations. In addition, a Party may terminate this Agreement immediately if the other Party becomes insolvent; terminates its business; files or is the subject of a bankruptcy petition; or is the subject of any debtor relief action.
Immediate Termination by Either Party. Either Party may terminate this Agreement immediately by providing written notice to the other Party upon (i) the filing by or against a Party in a court of competent jurisdiction of a petition for bankruptcy, reorganization, dissolution, liquidation, or receivership; or (ii) the inability of a Party to pay its debts as they mature as evidenced by an order from a Government Agency or court of competent jurisdiction or an assignment of assets by a Party for the benefit of its creditors.
AutoNDA by SimpleDocs
Immediate Termination by Either Party. Without prejudice to any accrued rights and remedies under this Agreement, either Party may terminate this Agreement immediately by giving written notice to the other Party upon the occurrence of any of the following events (provided such notice to terminate is given within three (3) months following the occurrence of the event): i. if the other Party commits any material breach of any of its obligations under this Agreement and, in the case of any breach which is capable of remedy, fails to remedy such breach within seven (7) days of delivery of a written notice to the other Party specifying such breach (or such longer period as the notice may specify); or ii. if the other Party becomes insolvent, enters into liquidation (apart from solvent liquidation for the purposes of amalgamation or reconstruction) or is dissolved or declared bankrupt or has a receiver, administrator or administrative receiver appointed over all or a substantial part of its assets or enters into an arrangement with its creditors or takes or suffers similar action.

Related to Immediate Termination by Either Party

  • Termination by Either Party This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.

  • Termination by You You may cancel your acceptance of this Contract by delivering notice to XOOM by way of mail, fax, e-mail or by personal delivery, in the following circumstances:

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