NOTICE OF TERMINATION OF THIS AGREEMENT Clause Samples
NOTICE OF TERMINATION OF THIS AGREEMENT. Without prejudice to the subsisting rights of the Broker or Owner under this agreement, either party may terminate this agreement on giving 60 days' notice in writing at any time to the other. This agreement shall terminate if either party becomes bankrupt or enters into administration or liquidation, whether compulsory or voluntary, or compounds with his/its creditors or takes or suffers any similar action in consequence or debt. Either party may terminate this agreement forthwith by notice in writing to the other if the other party commits a material breach of any term of this agreement.
NOTICE OF TERMINATION OF THIS AGREEMENT. (a) This Agreement shall be for a minimum period of months (unless the Agreement is terminated under clause 12 below) and shall continue until either the vessel is sold or it is terminated under clause 11(b) or 12 below.
(b) Without prejudice to the subsisting rights of the Broker or Owner under this Agreement it may be terminated by either party on giving days notice in writing to the other expiring no earlier than at the end of the minimum period specified in paragraph 11(a) above. If the Owner shall agree a sale outside the Agreement to a Purchaser introduced by the Broker within 12 months following the date of the termination of this Agreement the Broker shall be entitled to his full commission at the agreed rate.
NOTICE OF TERMINATION OF THIS AGREEMENT. (a) This Agreement shall be for a minimum period of six months (unless the Agreement is terminated under clause 12 below) and shall continue until either the vessel is sold or it is terminated under clause 11(b) or 12 below.
(b) Without prejudice to the subsisting rights of the Broker or Owner under this Agreement it may be terminated by either party on giving seven days’ notice in writing to the other expiring no earlier than at the end of the minimum period specified in paragraph 11(a) above. If the Owner shall agree a sale outside the Agreement to a Purchaser introduced by the Broker within twelve months following the date of the termination of this Agreement, the Broker shall be entitled to his full commission at the agreed rate.
(c) If the Owner wishes to remove the vessel from brokerage up to six months from signing this Agreement then a fee of £250 (two hundred and fifty pounds) plus VAT is payable to The Company as payment towards costs of brokerage of the vessel plus any lifting charges incurred if moving the vessel out of the water. All vessels are subject to a mooring fee of £3.50p + VAT per Foot per month if the vessel remains unsold after three months on brokerage.
NOTICE OF TERMINATION OF THIS AGREEMENT. This agreement shall be for a minimum period of 3 months. Without prejudice to the subsisting rights of the Broker or Owner under this agreement, either party may terminate this agreement on giving 28 days' notice in writing to the other expiring no earlier than at the end of the minimum period specified above
NOTICE OF TERMINATION OF THIS AGREEMENT shall not affect the rights obtained and duties incurred prior to the effective date of such termination.
NOTICE OF TERMINATION OF THIS AGREEMENT shall not affect the rights obtained and duties incurred prior to the effective date of such termination. As stated, in case of application of Clause 16.1(B) above, there is no notice requirement.
NOTICE OF TERMINATION OF THIS AGREEMENT. Without prejudice to the subsisting rights of the Broker or Owner under this agreement, either party may terminate this agreement on giving 14 days' notice in writing at any time to the other. If the Owner shall agree a sale outside the agreement to a Purchaser introduced by the Broker and within 12 months following the date of the agreement the Broker shall be entitled to his full commission at the agreed rate.