Procedure of Termination Sample Clauses

Procedure of Termination. Termination of this Agreement by any party shall be by delivery of a written notice to the other parties (a “Notice of Termination”). A Notice of Termination shall state the termination provision in this Agreement that such terminating party is claiming provides a basis for termination of this Agreement. Termination of this Agreement pursuant to the provisions of Section 8.1 shall be effective upon and as of the date of delivery of a Notice of Termination as determined pursuant to Section 9.8.
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Procedure of Termination. Any termination by the Buyer or the Seller pursuant to Clause 9.1 shall be notified by a written notice to the other Party, which shall indicate the termination provision in this Agreement claimed to provide a basis for termination of this Agreement (the “Termination Notice”). Termination of this Agreement duly effected pursuant to the terms and subject to the conditions of Clause 9.1 shall be effective upon and as of the date of delivery of a Termination Notice, without prejudice to the right of the other Party to object to such termination pursuant to applicable law.
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Procedure of Termination. 1. Depending upon the seriousness of the violation, a Franchisee may be immediately terminated for violating the terms of the Agreement and / or any other relevant documents produced by the Company.
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Procedure of Termination. 13.1. Each Party shall have the right to unilaterally terminate this Agreement by sending written notification to the other Party within 45 (forty five) calendar days before the intended date of termination of this Agreement. This term is calculated from the date of receipt of written notification of termination of this Agreement by one of the Parties.
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Procedure of Termination. In the event of termination of this Agreement and abandonment of the transactions contemplated hereby pursuant to Section 8.1 hereof, written notice thereof shall forthwith be given to the all other parties.
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Procedure of Termination. In the event of termination of this Agreement by Purchaser or Seller, or both, pursuant to Section 4.3, written notice thereof shall forthwith be given by the terminating Party to the other Party, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser or Seller.
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Procedure of Termination. 57 ARTICLE X INDEMNIFICATION........................................57 10.1 UBOC's Indemnification.....................................57 10.2 Purchaser's Indemnification................................58
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Procedure of Termination. In the event of termination of this Agreement pursuant to Section 9.1 hereof, written notice of termination shall be given pursuant to the notice provisions herein, and the transactions contemplated by this Agreement shall be terminated without further action by any Party. If the transactions contemplated by this Agreement are terminated as provided herein, no Party hereto shall have any liability to any other Party hereto or their respective Affiliates, or their respective directors, officers or employees, except:
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Related to Procedure of Termination

  • Notice of Termination; Effect of Termination Any proper termination of this Agreement under Section 7.1 will be effective immediately upon the delivery of written notice of the terminating party to the other parties hereto. In the event of the termination of this Agreement as provided in Section 7.1, this Agreement shall be of no further force or effect, except (i) as set forth in this Section 7.2, Section 7.3 and Article 8, each of which shall survive the termination of this Agreement, and (ii) nothing herein shall relieve any party from liability for any willful breach of this Agreement. No termination of this Agreement shall affect the obligations of the parties contained in the Confidentiality Agreement, all of which obligations shall survive termination of this Agreement in accordance with their terms.

  • Notice of Termination of Employment 2601 Employment may be terminated voluntarily by a nurse or for just cause by the Employer subject to the following periods of written notice, exclusive of any vacation due:

  • Methods of Termination This Agreement may be terminated and the transactions contemplated hereby may be abandoned at any time before the Closing:

  • Effect of Termination of Employment The provisions of this Section 6 shall apply in the event of termination of Executive’s employment, pursuant to Section 5, or otherwise.

  • Meaning of Termination of Employment For all purposes of this Agreement, Executive shall be considered to have terminated employment with the Company when Executive incurs a “separation from service” with the Company within the meaning of Section 409A(a)(2)(A)(i) of the Internal Revenue Code; provided, however, that whether such a separation from service has occurred shall be determined based upon a reasonably anticipated permanent reduction in the level of bona fide services to be performed to no more than 25% of the average level of bona fide services provided in the immediately preceding 36 months.

  • Method of Termination This Agreement and the transactions contemplated by it may be terminated at any time prior to the Closing Date:

  • Effective Date of Termination Executive’s employment will terminate on the 30th day after Executive gives written notice to the Company stating that Executive is resigning his employment with the Company for any reason other than Good Reason, unless the Company waives in writing all or part of this notice period (in which case the termination of employment is effective as of the date of the waiver).

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