Common use of Other Grounds for Termination Clause in Contracts

Other Grounds for Termination. Either party may terminate this Agreement immediately upon written notice to the other party following the occurrence of any of the following: (i) the other party being declared bankrupt, entering into an agreement with creditors, obtaining a suspension of payment, being put under court controlled management or being the subject of a similar measure; (ii) the relevant federal or state authority withdrawing its authorization of either party necessary to perform services under this Agreement; or (iii) the other party committing any material breach of this Agreement and failing to remedy such breach (if capable of remedy) within 90 days of being given written notice of the material breach, unless the parties agree to extend the period to remedy the breach.

Other Grounds for Termination. (a) Either party may terminate this Agreement immediately upon written notice to the other party following the occurrence of any of the following:: Fund Services Agreement May 2013 (i) the other party being declared bankrupt, entering into an agreement a composition with creditors, obtaining a suspension of payment, being put under court controlled management or being the subject of a similar measure; (ii) the relevant federal or state authority withdrawing its authorization of either party necessary to perform services under this Agreementparty; or (iii) the other party committing any material breach of this Agreement and failing to remedy such breach (if capable of remedy) within 90 days of being given written notice of the material breach, unless the parties agree to extend the period to remedy the breach.

Other Grounds for Termination. Either party may terminate this Agreement immediately upon written notice to the other party following the occurrence of any of the following: (i) the other party being declared bankrupt, entering into an agreement with creditors, obtaining a suspension of payment, being put under court controlled management or being the subject of a similar measure; (ii) the relevant federal or state authority withdrawing its authorization of either party necessary to perform services under this Agreement; or (iii) the other party committing any material breach of this Agreement and failing to remedy such breach (if capable of remedy) within 90 ninety (90) days of being given written notice of the material breach, unless the parties agree to extend the period to remedy the breach.