Common use of Partner Separation Clause in Contracts

Partner Separation. As stated in the Recitals, WIOA Section 121(c) mandates the execution of this MOU between the WIB and partners. However, any single partner may request to terminate its participation as a party to this MOU. In such an event, the WIB will provide written notice within sixty (60) days of the request to all remaining partners. The WIB will amend this MOU per Article VIII if the termination request is granted. The termination of one or more partner’s participation as a party will not result in a termination of this MOU unless the number or contribution of the terminating partner(s) is so substantial that it necessitates the negotiation of a new MOU.

Partner Separation. As stated in the Recitals, WIOA Section 121(c) mandates the execution of this MOU between the WIB LWDB and partners. However, any single partner may request to terminate its participation as a party to this MOU. In such an event, the WIB LWDB will provide written notice within sixty (60) days of the request to all remaining partners. The WIB LWDB will amend this MOU per Article VIII if the termination request is granted. The termination of one or more partner’s participation as a party will not result in a termination of this MOU unless the number or contribution of the terminating partner(s) is so substantial that it necessitates the negotiation of a new MOU.

Partner Separation. As stated in the Recitals, WIOA Section 121(c) mandates the execution of this MOU between the WIB LWDB and partners. However, any single partner may request to terminate its participation as a party to this MOUMOU upon thirty (30) days written notice to the LWDB. In such an event, the WIB LWDB will provide written notice within sixty (60) days of the request to all remaining partners. The WIB partners and will amend this MOU per Article VIII if the termination request is grantedMOU. The termination of one or more partner’s participation as a party will not result in a termination of this MOU unless the number or contribution of the terminating partner(s) is so substantial (50%) that it necessitates the negotiation of a new MOU.

Partner Separation. As stated in the Recitals, WIOA Section 121(c) mandates the execution of this MOU between the WIB LWDB and partners. However, any single partner may request to terminate its participation as a party to this MOUMOU upon thirty (30) days written notice to the LWDB. In such an event, the WIB LWDB will provide written notice within sixty (60) days of the request to all remaining partners. The WIB partners and will amend this MOU per Article VIII if the termination request is grantedVIII. The termination of one or more partner’s participation as a party will not result in a termination of this MOU unless the number or contribution of the terminating partner(s) is so substantial that it necessitates the negotiation of a new MOU.