Licensee Early Termination Rights Sample Clauses

Licensee Early Termination Rights. Licensee may terminate this SLA at any time prior to the Commercial Operation Date on thirty (30) calendar days written notice to the Judicial Council if Licensee determines that the System cannot be built as planned or that its construction and operation would not be economically viable for Licensee including Licensee’s determination that the installation of the System is not economically viable. In the event that Licensee terminates this SLA pursuant to this section, no Party shall be in default solely as a result of Licensee's election to terminate hereunder, and Licensee shall fulfill its obligations under Section 11.1 of this SLA and Judicial Council shall not pay actual damages, and the Judicial Council shall not refund any Transaction Fee already received.
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Licensee Early Termination Rights. 36 14.3. Early Termination Due to Force Majeure. 36 14.4. Permanent Shutdown of the Facility. 36 14.5. Funding Availability. 37 15. GENERAL TERMS AND CONDITIONS 37 15.1. Inspections. 37 15.2. Mechanic’s Lien / Stop Notices – Removal of Liens 38 15.3. Protection of Facility, Site and Licensed Area. 38
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Licensee Early Termination Rights. Licensee may terminate this Agreement at any time on thirty (30) calendar days’ written notice to Trustees, if, prior to the Licensee’s commencement of construction of the System, Licensee determines, in its sole discretion, that the System cannot be built as planned or that its construction and operation would not be economically viable for the Licensee. Notwithstanding anything in this Agreement to the contrary, Licensee’s prior inspection of the Site, including as provided in Sections 3.2 (No Warranties) and 8.10 (Licensee’s Access and Inspection), shall in no way limit Licensee’s right to terminate this Agreement pursuant to this Section 16.
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Licensee Early Termination Rights. LICENSEE may terminate this SLA at any time prior to the Commercial Operation Date on thirty (30) calendar days written notice to the DGS and HOST if LICENSEE determines that the System cannot be built as planned or that its construction and operation would not be economically viable for LICENSEE including LICENSEE’s determination that the installation of the System is not economically viable as a result of the CEQA analysis. In the event that LICENSEE terminates this SLA pursuant to this section, no Party shall be in default solely as a result of LICENSEE's election to terminate hereunder, and LICENSEE shall fulfill its obligations under Section 11.1 of this SLA and HOST shall not pay actual damages, and the DGS shall not refund any Transaction Fee already received.‌
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Licensee Early Termination Rights. Licensee may terminate this Agreement at any time on thirty (30) calendar days’ written notice to Trustees, if, prior to the Licensee’s commencement of construction of the System, Licensee determines, in its sole discretion, that the System cannot be built as planned or that its construction and operation would not be economically viable for the Licensee. Notwithstanding anything in this Agreement to the contrary, Licensee’s prior inspection of the Site, including as provided in Sections 3.2 (No Warranties) and 8.10 (Licensee’s Access and Inspection), shall in no way limit Licensee’s right to terminate this Agreement pursuant to this Section 16.4. In the event that Licensee terminates this Agreement pursuant to this section, neither Party shall be in default solely as a result of Licensee’s election to terminate hereunder, Licensee shall fulfill its obligations under Section 13.1 (System Removal) Trustees shall not pay a Termination Fee, and Trustees shall not refund any Transaction Fee already received.
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Related to Licensee Early Termination Rights

  • Early Termination In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees: a. all monthly fees through the life of the contract, including the rebate of any negotiated discounts; b. all fees associated with converting services to successor service provider; c. all fees associated with any record retention and/or tax reporting obligations that may not be eliminated due to the conversion to a successor service provider; d. all out-of-pocket costs associated with a-c above.

  • Termination Right The Representative shall have the right to terminate this Agreement at any time prior to any Closing Date, (i) if any domestic or international event or act or occurrence has materially disrupted, or in its opinion will in the immediate future materially disrupt, general securities markets in the United States; or (ii) if trading on any Trading Market shall have been suspended or materially limited, or minimum or maximum prices for trading shall have been fixed, or maximum ranges for prices for securities shall have been required by FINRA or by order of the Commission or any other government authority having jurisdiction, or (iii) if the United States shall have become involved in a new war or an increase in major hostilities, or (iv) if a banking moratorium has been declared by a New York State or federal authority, or (v) if a moratorium on foreign exchange trading has been declared which materially adversely impacts the United States securities markets, or (vi) if the Company shall have sustained a material loss by fire, flood, accident, hurricane, earthquake, theft, sabotage or other calamity or malicious act which, whether or not such loss shall have been insured, will, in the Representative’s opinion, make it inadvisable to proceed with the delivery of the Securities, or (vii) if the Company is in material breach of any of its representations, warranties or covenants hereunder, or (viii) if the Representative shall have become aware after the date hereof of such a material adverse change in the conditions or prospects of the Company, or such adverse material change in general market conditions as in the Representative’s judgment would make it impracticable to proceed with the offering, sale and/or delivery of the Securities or to enforce contracts made by the Underwriters for the sale of the Securities.

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