MUTUAL RIGHT OF TERMINATION Sample Clauses

MUTUAL RIGHT OF TERMINATION. Either party may terminate this Agreement, or any location, without cause, without penalty, and without liability for any damages as a result of such termination, at any time hereafter by giving the other party at least sixty (60) days' prior written notice. The notice shall specify the termination date.
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MUTUAL RIGHT OF TERMINATION. Either Party may terminate this Agreement, immediately at any time by written notice to the other Party, if the other Party (or in the event the other Party is HP-OMS, then Hewlett-Packard Israel Ltd or in the event the other Party is Customer, then Tecnomatix Technologies Ltd) (i) has a receiver appointed or an assignee for the benefit of creditors; (ii) is or becomes insolvent or is unable to pay debts as they become due; (iii) ceases to trade for a period of sixty (60) days (either in whole or as to any part or division involved in the performance of this Agreement) or (iv) ceases to operate in the normal course of business for a period of sixty (60) days (each of (i)-(iv) above an "INSOLVENCY EVENT"), unless the Insolvency Event is removed or is no longer in effect within forty-five (45) days of receipt of the notice of termination, in which case the initial Insolvency Event shall not be grounds for termination.
MUTUAL RIGHT OF TERMINATION. You will at all times have the right to terminate our services upon written notice to that effect. We will at all times have the right to terminate our services, upon written notice, in the event that: (1) you fail to cooperate with us in any way which we may reasonably request; (2) you fail or refuse to timely pay our invoices as submitted; (3) we determine that an actual or potential conflict of interest has arisen that makes continued representation infeasible; or (4) we determine in our reasonable discretion that it would be professionally untenable to continue our services for you for any reason.
MUTUAL RIGHT OF TERMINATION. Either party hereto shall have the right to terminate this License Agreement with respect to said Department in any or all of the Sears retail stores designated in Location Approval Rider at any time hereafter by giving to the other party at least sixty (60) days prior written notice of such termination.
MUTUAL RIGHT OF TERMINATION. 18 14.2 Termination of License by Sears With Notice .... 18 14.3 Termination of License by Sears Without Further Notice ............................... 18 14.4 Survivability .................................. 19 XV.
MUTUAL RIGHT OF TERMINATION. In the event that, based on the written estimate of Landlord’s Architect, the damage or destruction to the Leased Premises is so extensive that it cannot be repaired or restored within a period of eighteen (18) months, measured from the date of Landlord’s receipt of insurance proceeds from the insurer of the Building, each of Landlord and Tenant shall have the unilateral right to terminate this Lease upon written notice to the other given within fifteen (15) Business Days after Tenant’s receipt of Landlord’s Architect’s written estimate. This Lease will then terminate one day after either party gives the other written notice of its desire to terminate the Lease. In the event of such termination, the Rent will be adjusted and paid to the date of the damage or destruction, and Tenant will immediately vacate and surrender the Leased Premises (including the Building) upon such termination; provided that Tenant shall not be released from responsibility for any of its obligations under this Lease for the period before such termination, or for any of its obligations under this Lease which expressly survive such termination. If neither party exercises such termination option, Paragraph VIII.C below shall govern.
MUTUAL RIGHT OF TERMINATION. 11.1 The Parties may terminate this Agreement by mutual written consent at any time.
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MUTUAL RIGHT OF TERMINATION. 39 14.2 Termination by Sears upon Default by Licensee........................ 39 14.3 Termination After Opportunity to Cure................................ 39 14.4 Termination on Store Closing or Casualty............................. 40 14.5
MUTUAL RIGHT OF TERMINATION. Neither party shall terminate a Designated Sears Store location without cause during the Tax Season. Terminations without cause of Designated Sears Store locations outside of the Tax Season shall be addressed as part of the annual October 1 mutually agreed listing of Designated Sears Store locations.
MUTUAL RIGHT OF TERMINATION. Either Party may terminate the Agreement at any time upon written notice to the other Party in the event of the occurrence of one or more of the following events: (i) if a petition under any foreign, state, or United States bankruptcy act, receivership statute, or the like, as they now exist, or as they may be amended, is filed by the other Party; or (ii) if such a petition is filed by a third Party, or an application for a receiver of the other Party is made by a third Party, and such petition or application is not resolved favorably to such Party within thirty (30) days; or (iii) the other Party materially breached any of its representations, warranties, obligations or agreements hereunder, and such breach, if capable of being cured, is not cured within ten (10) days following receipt of written notice of such breach from the non-breaching Party.
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