Mitigation, Resumption and Termination Sample Clauses

Mitigation, Resumption and Termination. The Concessionaire shall make best endeavors to:
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Mitigation, Resumption and Termination. The Concessionaire shall make best endeavours to: mitigate the effects (including incremental costs and delays) of the events or circumstances resulting in suspension pursuant to Article 15.2(a) above. Notwithstanding anything to the contrary contained in this Agreement, if the KMC, in its sole assessment, is not satisfied with the steps being taken by the Concessionaire to mitigate the effects of the Emergency, the KMC shall have the right to step-in to this Agreement and undertake necessary measures to mitigate the effect of the Emergency at the cost and risk of the Concessionaire; and resume the construction/renovation or O&M services of the relevant Facility within 24 hours of the ceasing of any of the events or circumstances resulting in suspension pursuant to Article 15.2(a) or such longer period as may be agreed between the Parties, and notify the KMC of the resumption of the works or services. Without prejudice to Article 15.2(b)(i): if suspension of the construction/renovation or O&M of the relevant Facility pursuant to Article 15.2(a)(i)(A) and the Emergency is attributable to the Concessionaire, or a suspension pursuant to Article 15.2(a)(i)(B), continues for a period of 60 days then such suspension shall amount to a Concessionaire Event of Default in accordance with Article 16.1; and if suspension of the construction/renovation or O&M of the relevant Facility pursuant to Article 15.2(a)(i)(A) continues for a period of 60 days, and the Emergency is not attributable to the Concessionaire, then such event will be treated as a Force Majeure Event and the consequences set out in Article 14 shall apply.
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Related to Mitigation, Resumption and Termination

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  • Suspension and Termination Schedule 6 shall have effect.

  • VARIATION AND TERMINATION 24.1 All and any of the provisions of this agreement may be deleted, varied, supplemented, restated or otherwise changed in any way at any time with the prior written consent of the Company, the Investor and by the Shareholders holding at least [90] per cent of the Shares (excluding Treasury Shares) held by the Shareholders, in which event such change shall be binding against all of the parties hereto provided that if such change would impose any new obligations on a party, or increase any existing obligation, the consent of the affected party to such change shall be specifically required.

  • Xxxx and Termination This AGREEMENT is effective upon execution of the Implementation Letter by both parties to the covered clinical training experience(s) and will continue indefinitely or until terminated. This AGREEMENT may be terminated at any time and for any reason by either party upon not less than ninety (90) days prior written notice to the other party. Should notice of termination be given under this Section, students already scheduled to train at HOST AGENCY will be permitted to complete any previously scheduled clinical assignment at HOST AGENCY.

  • Underutilization and Termination with Liability If Customer's Total Service Charges do not reach the AVC, in any contract year during the Initial Term; Customer shall pay an “Underutilization Charge” equal to 50% of the unmet AVC. If Customer’s Total Service Charges do not reach the AVC in any contract year because the Agreement is terminated early by Customer without Cause or by the Company with Cause, Customer shall pay an “Early Termination Charge” equal to 50% of the unmet AVC plus a pro rata portion of any credits received by Customer. Credits:

  • Modification and Termination No agreement to modify, amend, extend, supersede, terminate, or discharge this Settlement Agreement, or any portion thereof, is valid or enforceable unless it is in writing and signed by all Parties to this Settlement Agreement.

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  • Entry Into Force, Duration and Termination 1. The Contracting Parties shall notify each other when the constitutional requirements for entry into force of this Agreement have been fulfilled. The Agreement shall enter into force on the first day of the second month following the date of receipt of the last notification.

  • Discipline and Termination Employee recognizes that Employee’s promise to remain as President of the Institution through the entire Term is of the essence of this Agreement to the Employer. It is also recognized, however, that certain circumstances may make it appropriate for Employer to terminate this Agreement prior to the completion of its entire term, as follows:

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