Members Right to Terminate Sample Clauses

Members Right to Terminate. (a) Upon an adjudicated breach of the terms of this Agreement by a Member, the non-breaching Member may, at its option, (i) treat such material breach as the resignation of the breaching Member, or (ii) terminate this Agreement and initiate the liquidation of the Company, provided that the non-breaching Member shall first have provided the breaching Member and the Company with written notice of the material breach, and the breaching Member or the Company shall have failed to cure such material breach within 90 days after receipt of such written notice.
AutoNDA by SimpleDocs
Members Right to Terminate. If Commissioning has not taken place by the Sunset Date, the Member may terminate this Agreement by notifying SFIC.
Members Right to Terminate. Member has the right to terminate this Agreement for any reason at any time by providing 30 days’ prior written notice either in person or by certified mail, return receipt requested to the Spa or Fitness Center. Cancellation prior to the completion of the initial term of six months shall result in a $100.00 cancellation charge. Any unused services which have been paid for in full at the time of termination may be refunded in the form of a gift card which is redeemable for goods and services sold at the Spa and which may be transferred to another party for redemption. (Initials)
Members Right to Terminate. Member has the right to terminate this Agreement for any reason at any time by providing 30 days prior written notice either in person or by certified mail, return receipt requested to the Spa. Any unused services at the time of termination may be refunded in the form of a gift card which is redeemable for goods or services sold at Eden Spa and which may be transferred to another party for redemption. 20-ORL-02949

Related to Members Right to Terminate

  • Purchaser’s Right to Terminate Anything in any of the Transaction Documents to the contrary notwithstanding, each Purchaser has the right to demand and receive back from the Company such Purchaser’s Subscription Amount at any time until a Closing takes place in connection with such Subscription Amount. UNDER NO CIRCUMSTANCES WILL THE PURCHASER’S SUBSCRIPTION AMOUNT BE DELIVERED TO OR UNDER THE CONTROL OR AUTHORITY OF ANY PLACEMENT AGENT OR BROKER.

  • Right to Terminate Either Party may unilaterally terminate this Annex by providing thirty (30) calendar days written notice to the other Party.

  • Company’s Right to Terminate Notwithstanding the provisions of Section 3.1, Company shall have the right to terminate Executive’s employment under this Agreement at any time for any of the following reasons:

  • Executive’s Right to Terminate Notwithstanding the provisions of paragraph 2.1, Executive shall have the right to terminate his employment under this Agreement for any of the following reasons:

  • Landlord’s Right to Terminate Landlord shall have the option to terminate this Lease in the event any of the following occurs, which option may be exercised only by delivery to Tenant of a written notice of election to terminate within thirty days after the date of such damage or destruction:

  • Tenant’s Right to Terminate If the Leased Premises, the Building or the Outside Area are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to this Article, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant as to when the restoration work required of Landlord may be complete. Tenant shall have the option to terminate this Lease in the event any of the following occurs, which option may be exercised only by delivery to Landlord of a written notice of election to terminate within seven days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:

  • Licensee’s Right to Terminate Licensee may, at its option, without prejudice to any other remedies it may have, terminate this agreement by giving written notice of such termination to Licensor as follows: (a) immediately, in the event that Licensor abandons the Licensed Marks or otherwise ceases to support the Licensed Marks in Licensor's business; or (b) immediately in the event of the occurrence of a Bankruptcy with respect to Licensor; or (c) immediately in the event of an occurrence of termination pursuant to Section 13.2(d).

  • Right to Terminate Agreement 21.1 If either Party (the “Breaching Party”) (a) fails to pay any amount when due under the terms of this Agreement or fails to comply with or perform, in any material respect, any of the other terms or conditions of this Agreement; (b) sells or transfers all or substantially all of its assets; (c) enters into any voluntary or involuntary bankruptcy proceeding or receivership; or (d) makes a general assignment for the benefit of its creditors, then the other Party (the “Non-Breaching Party”) shall have the right, without prejudice to any other right or remedy and after giving five (5) Days’ written prior notice to the Breaching Party and a reasonable opportunity for cure (not to exceed thirty (30) Days in the case of a failure to pay amounts when due), to terminate this Agreement, subject to Sections 21.3 and 21.4 of this Agreement. Subject to compliance with Section 22.1 of this Agreement, if applicable, the Non-Breaching Party shall also have the right to pursue any and all rights it may have against the Breaching Party under applicable law, subject to other applicable terms and conditions of this Agreement (including, without limitation, any applicable limitations on liability contained herein).

Time is Money Join Law Insider Premium to draft better contracts faster.