Partial Termination for Default Sample Clauses

Partial Termination for Default. Upon the election of Operator, this Agreement will terminate with respect to a particular portion of the Spectrum if as a direct result of Sprint's breach of its obligations hereunder: (a) Sprint's authority to operate such Sprint Spectrum is terminated by the FCC; (b) Sprint's authority to lease, or Licensee's authority to operate such Spectrum in accordance with the terms of the Primary Lease governing the use of such Spectrum or this Agreement is terminated by the FCC; or (c) the FCC terminates Licensee's authority or Sprint's authority to lease such Spectrum in accordance with the terms and conditions of this Agreement. Upon the termination of this Agreement with respect to any Spectrum pursuant to the immediately preceding sentence, (i) Sprint will refund a portion of the Initial Fee and Market Closing Payments equal to (A) the sum of the Initial Fee and Market Closing Payments which have been paid, multiplied by (B) a fraction the numerator of which is the number of MHz Households for the Spectrum subject to the termination and the denominator of which is the total number of MHz Households for all Proposed Spectrum as of the Effective Date and (ii) the Monthly Fees will be reduced by a percentage determined by dividing (A) the number of MHz Households for the Spectrum subject to the termination, by (B) the number of MHz Households for all Proposed Spectrum as of the Effective Date.
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Partial Termination for Default. 60.4.1 The Authority may, by one (1) Month's prior written notice, require the Partial Termination of any part of the Services on the occurrence in relation to that part of the Services of a Default by the Contractor that, in respect of that part of the Services, gives rise to a right of termination under Clause 60.1.3.1 or 60.1.3.4.
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Related to Partial Termination for Default

  • Termination for Default The County may, by written notice to the Contractor terminate this contract for default in whole or in part (delivery orders, if applicable) if the Contractor fails to:

  • Partial Termination The Authority is entitled to terminate all or part of this Framework Agreement pursuant to this Clause 26, provided always that the parts of this Framework Agreement not terminated can operate effectively to deliver the intended purpose of this Framework Agreement.

  • Default Termination a. In the event that the Property has been sold contrary to or any person bids in contravention of the provisions in Clause 4 above, then such sale shall be cancelled and become null and void and of no further effect wherein all monies paid by the Purchaser hitherto including the Deposit shall be forfeited absolutely and immediately.

  • Final Termination Unless terminated at an earlier date by mutual agreement of the parties hereto, this Agreement shall terminate upon the first to occur of the following: (a) the last Serviced Appointment is terminated, matured or expired under the terms of the applicable Serviced Corporate Trust Contract and all Trust Assets in respect thereof have been fully distributed, (b) the last Serviced Appointment is Transferred to the applicable Purchaser, (c) the applicable Seller has resigned from the last Serviced Appointment if permitted under Section 7.2 below or (d) the applicable Seller is removed from appointment or the applicable Seller’s appointment is terminated with respect to the last Serviced Appointment in accordance with this Agreement, the applicable Serviced Corporate Trust Contract or any other agreement between the parties hereto entered into on or prior to the date hereof. Upon termination of this Agreement in accordance with this Section 7.1, each party’s further rights and obligations hereunder, other than the provisions of Section 8 and Section 9, shall terminate and be of no further force and effect and no party shall have any liability hereunder, except that neither the Sellers nor the Purchasers shall be relieved or released from any liabilities or damages arising out of its breach of any provision of this Agreement prior to termination.

  • Termination by Default If the Bank is in default (as defined in Section 3(x)(1) of the Federal Deposit Insurance Act (12 U.S.C. Section 1813(x)(1)), all obligations under this Agreement shall terminate as of the date of default, but any vested rights of the Executive shall not be affected.

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Voluntary Termination; Termination for Cause If Executive’s employment with the Company terminates voluntarily by Executive or for “Cause” by the Company, then (i) all vesting of the Option will terminate immediately and all payments of compensation by the Company to Executive hereunder will terminate immediately (except as to amounts already earned), and (ii) Executive will only be eligible for severance benefits in accordance with the Company’s established policies as then in effect.

  • Non-Renewal Termination If the Agreement expires as set forth in Section 6(g) [Non-Renewal Termination], then, subject to Section 22 [Compliance with Section 409A], in addition to all salary, annual bonuses, expense reimbursements, benefits and accrued vacation days earned by the Executive pursuant to Section 4 through the date of the Executive’s termination of employment, the Executive shall be entitled to the compensation set forth in Sections 8(d)(i) through (v), provided that within sixty days following the Executive’s termination of employment (i) the Executive has executed and delivered the Release to the Company, and (ii) the Release has become irrevocable:

  • Notice of Termination for Cause Notice of Termination for Cause shall mean a notice to Executive that shall indicate the specific termination provision in Section 7(c) relied upon and shall set forth in reasonable detail the facts and circumstances which provide a basis for Termination for Cause.

  • Notice of Termination Event Upon the occurrence of a Termination Event, the Company shall deliver written notice to the Purchase Contract Agent, the Collateral Agent and the Securities Intermediary within a reasonable amount of time and to the extent permitted by law.

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