Interim termination Sample Clauses

Interim termination. 1. The Lessor shall be entitled to terminate the Lease prematurely if the Lessee is in default. The Lessee is decidedly in default if one of the following circumstances arises:
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Interim termination. 13.1 The Issuer shall be empowered to give written notice to an Issuer to terminate a Programme Agreement with immediate effect and without prior notice of default if: a. that Issuer does not fulfil its obligations under the Programme Agreement and/or under the Notes issued by it; b. that Issuer itself submits a petition as referred to in section 1 of the Bankruptcy Act; c. that Issuer is declared bankrupt; d. that Issuer applies for a suspension of payments; e. an important part of the assets of that Issuer is attached and this attachment is not removed within a period of thirty (30) days. 13.2 If after the conclusion of the Programme Agreement as a result of implementation or amendment of or a change in interpretation or application of (i) legislation and/or regulations and/or (ii) prescriptions or guidelines, with or without the force of law, including rules, measures, instructions and codes of conduct of the European Central Bank and/or De Nederlandse Bank N.V., the Arranger is no longer permitted to fulfil it obligations on the strength of the Programme Agreement, the Arranger shall be entitled to terminate the 01042019 JZ/2483432/da 15 of 18 Programme Agreement, without judicial interposition and without notice of default, with immediate effect. 13.3 As soon as any fact occurs that makes the Programme Agreement susceptible of termination in pursuance of the provisions in article 13.1, an Issuer shall inform the Arranger of this with immediate effect by means of a registered letter. 13.4 With the termination of a Programme Agreement the obligations of the Paying Agent under article 4 shall continue to exist until there is another Paying Agent for the Notes already issued under that Programme Agreement; the obligations of the relevant Issuer in respect of the Arranger, the Issuing and Paying Agent and all the holders of the Notes shall continue to exist until the time at which the Notes have been paid. 13.5 After termination of the Programme Agreement concluded with it the obligations of that Issuer in respect of the Arranger, the Issuing and Paying Agent and the holders of the Notes issued by the relevant Issuer shall continue to exist until the time at which all the amounts payable under the Notes have been paid. 13.6 With observance of sixty (60) days' notice the Arranger shall be empowered to terminate its position as Arranger without giving reasons. The Issuers may then designate its successor within sixty (60) days, failing which the Arranger may...
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Interim termination. During the term of this agreement, IMS may elect to decline particular space, or to reduce its space requirements at particular locations, on thirty days' notice to Cadence, delivered both to Cadence's Notice address as shown on this agreement and to the particular office location where the space needs are being reduced. During the term of this agreement, IMS may also elect to transition particular Cadence Dedicated Agents to become IMS employees, subject to the rights of the employee as described above. Notice of such action shall be delivered both to Cadence at the Notice address shown on this agreement, and to the headquarters address of the particular Cadence subsidiary for whom the Dedicated Agent works. Cadence may elect to terminate some or all of its obligations hereunder on thirty days' Notice in the event IMS breaches a material obligation hereunder and such breach remains uncured for thirty days after Notice to IMS. After June 1, 1997 Cadence may elect to terminate its agreement with respect to particular facilities or subsidiaries on 180 days' Notice to IMS.
Sample 1
Interim termination. 8.1 Unless agreed upon otherwise in writing, the agreement may not be terminated before the end of the term. 8.2 Notwithstanding Article 8.1, each party to the agreement is entitled to dissolve, terminate or suspend the agreement, with immediate effect and without judicial intervention, without being liable to the other party for damages or otherwise, if: a. the other party defaults on any obligation under the agreement; b. the other party applies for suspension of payment; c. the other party has filed for bankruptcy or is declared bankrupt; d. the other party is placed in receivership or dies; e. the legal entity or other legal form of a party is dissolved, or if the business of a party ceases all or part of its activities or transfers it to a third party.
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Related to Interim termination

  • Contract Termination debarment. A breach of the contract clauses in 29 CFR 5.5 may be grounds for termination of the contract, and for debarment as a contractor and a subcontractor as provided in 29 CFR 5.12.

  • Term Termination 10.1. This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein. 10.2. This Agreement shall terminate in accordance with the following provisions: (a) At the option of the Company or the Trust at any time from the date hereof upon 180 days’ notice, unless a shorter time is agreed to by the parties; (b) At the option of the Company or the Trust, if Fund shares are not reasonably available to meet the requirements of the Variable Contracts. Prompt notice of election to terminate shall be furnished by the Company. The termination will be effective ten days after receipt of notice unless the Trust makes available a sufficient number of Fund shares to reasonably meet the requirements of the Variable Contracts within the ten-day period; (c) At the option of the Company, upon the institution of formal proceedings against the Trust, the Distributor or Adviser by the SEC, FINRA, or any other regulatory body, the expected or anticipated ruling, judgment or outcome of which would, in the Company’s reasonable judgment, materially impair the Trust’s, the Distributor’s or the Adviser’s ability to meet and perform their respective obligations and duties hereunder. Prompt notice of election to terminate shall be furnished by the Company with said termination to be effective upon receipt of notice; (d) At the option of the Trust, the Distributor or the Adviser, upon the institution of formal proceedings against the Company by the SEC, FINRA, or any other regulatory body, the expected or anticipated ruling, judgment or outcome of which would, in Trust’s reasonable judgment, materially impair the Company’s ability to meet and perform its obligations and duties hereunder. Prompt notice of election to terminate shall be furnished by Trust with said termination to be effective upon receipt of notice; (e) At the option of the Company, in the event the Trust’s shares are not registered, issued or sold in accordance with applicable state or federal law, or such law precludes the use of such shares as the underlying investment medium of Variable Contracts issued or to be issued by the Company. Termination shall be effective immediately upon notice to the Trust; (f) At the option of the Trust if the Variable Contracts cease to qualify as annuity contracts or life insurance contracts, as applicable, under the Code, or if the Trust reasonably believes that the Variable Contracts may fail to so qualify. Termination shall be effective upon receipt of notice by the Company; (g) At the option of the Company, upon the Trust’s breach of any material provision of this Agreement, which breach has not been cured to the satisfaction of the Company within ten days after written notice of such breach is delivered to the Trust; (h) At the option of the Trust, upon the Company’s breach of any material provision of this Agreement, which breach has not been cured to the satisfaction of the Trust within ten days after written notice of such breach is delivered to the Company; (i) At the option of the Trust, if the Variable Contracts are not registered, issued or sold in accordance with applicable federal and/or state law. Termination shall be effective immediately upon such occurrence without notice to the Company; (j) At the option of the Company in the event that any Fund ceases to qualify as a Regulated Investment Company under Subchapter M of the Code or under any successor or similar provision, or if the Company reasonably believes that any Fund may fail to so qualify. Termination shall be effective immediately upon notice to the Trust; (k) At the option of the Company in the event that any Fund fails to meet the diversification requirements specified in Article II hereof or if the Company reasonably believes that any Fund may fail to meet such diversification requirements. Termination shall be effective immediately upon notice to the Trust; and (l) In the event this Agreement is assigned without the prior written consent of the Company, the Trust, the Distributor and the Adviser, termination shall be effective immediately upon such occurrence without notice. 10.3. Notwithstanding any termination of this Agreement pursuant to Section 10.2 hereof, the Trust shall, at the option of the Company, continue to make available additional Fund shares, as provided below, for so long as the Company desires pursuant to the terms and conditions of this Agreement, for all Variable Contracts in effect on the effective date of termination of this Agreement (“Existing Contracts”). Specifically, without limitation, if the Company so elects to make additional Fund shares available, the owners of the Existing Contracts or the Company, whichever shall have legal authority to do so, shall be permitted to reallocate investments in the Trust, redeem investments in the Trust and/or invest in the Trust upon the payment of additional premiums under the Existing Contracts. In the event of a termination of this Agreement, the Company, as promptly as is practicable under the circumstances, shall notify the Trust, the Distributor and the Adviser whether the Company elects to continue to make Fund shares available after such termination. If Fund shares continue to be made available after such termination, the provisions of this Agreement shall remain in effect. 10.4. Except as necessary to implement Variable Contract owner initiated transactions, or as required by state insurance laws or regulations, the Company shall not redeem the shares attributable to the Variable Contracts (as opposed to the shares attributable to the Company’s assets held in the Separate Accounts or invested directly), and the Company shall not prevent Variable Contract owners from allocating payments to a Fund that was otherwise available under the Variable Contracts, until thirty (30) days after the Company shall have notified the Trust of its intention to do so.

  • Agreement Termination In the event Contractor is unable to fulfill its responsibilities under this Agreement for any reason whatsoever, including circumstances beyond its control, County may terminate this Agreement in whole or in part in the same manner as for breach hereof.

  • Company Termination The Company may at any time in its sole discretion terminate (a “Company Termination”) this Agreement and its right to initiate future Tranches by providing 30 days advanced written notice (“Termination Notice”) to Investor.

  • Final Termination Unless terminated at an earlier date by mutual agreement of the parties hereto, this Agreement shall terminate upon the first to occur of the following: (a) the last Serviced Appointment is terminated, matured or expired under the terms of the applicable Serviced Corporate Trust Contract and all Trust Assets in respect thereof have been fully distributed, (b) the last Serviced Appointment is Transferred to the applicable Purchaser, (c) the applicable Seller has resigned from the last Serviced Appointment if permitted under Section 7.2 below or (d) the applicable Seller is removed from appointment or the applicable Seller’s appointment is terminated with respect to the last Serviced Appointment in accordance with this Agreement, the applicable Serviced Corporate Trust Contract or any other agreement between the parties hereto entered into on or prior to the date hereof. Upon termination of this Agreement in accordance with this Section 7.1, each party’s further rights and obligations hereunder, other than the provisions of Section 8 and Section 9, shall terminate and be of no further force and effect and no party shall have any liability hereunder, except that neither the Sellers nor the Purchasers shall be relieved or released from any liabilities or damages arising out of its breach of any provision of this Agreement prior to termination.

  • 1Termination This Agreement may be terminated by any Purchaser, as to such Purchaser’s obligations hereunder only and without any effect whatsoever on the obligations between the Company and the other Purchasers, by written notice to the other parties, if the Closing has not been consummated on or before the fifth (5th) Trading Day following the date hereof; provided, however, that no such termination will affect the right of any party to xxx for any breach by any other party (or parties).

  • Earlier Termination This Agreement may be terminated earlier as hereinafter provided.

  • Vendor’s Termination If TIPS fails to materially perform pursuant to the terms of this Agreement, Vendor shall provide written notice to TIPS specifying the default (“Notice of Default”). If TIPS does not cure such default within thirty (30) days, Vendor may terminate this Agreement, in whole or in part, for cause. If Vendor terminates this Agreement for cause, and it is later determined that the termination for cause was wrongful, the termination shall automatically be converted to and treated as a termination for convenience.

  • Early Contract Termination The State may terminate this contract in whole or in part by giving fifteen (15) days written notice to the Purchaser when it is in the best interests of the State. If this contract is so terminated, the State shall be liable only for the return of that portion of the initial deposit that is not required for payment, and the return of unapplied payments. The State shall not be liable for damages, whether direct or consequential.

  • Employment Termination Date The Employment Termination Date shall be as follows: (i) if the Executive’s employment is terminated by Executive’s death, the date of Executive’s death; (ii) if the Executive’s employment is terminated pursuant to any other provision of this Agreement, the date specified in the Notice of Termination (the “Employment Termination Date”).

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