Reinstatement and Termination Sample Clauses

Reinstatement and Termination. 5.6.1 If and whenever the Premises or any part of them are damaged or destroyed by one or more of the Insured Risks and payment of the insurance money is not wholly or partly refused because of any act or default of the Tenant or anyone at the Premises expressly or by implication with his authority and under his control, the Landlord must use reasonable endeavours to obtain the planning permissions or other permits and consents (“permissions”) that are required under the Planning Acts or otherwise to enable him to rebuild and reinstate the Premises 5.6.2 Subject to the provisions of clause 5.6.3 and, if any permissions are required, after they have been obtained, the Landlord must as soon as reasonably practicable apply all money received in respect of the insurance, except sums in respect of loss of the Rent, in rebuilding or reinstating the Premises 5.6.3 The Landlord need not rebuild or reinstate the Premises if and for so long as rebuilding or reinstatement is prevented because- 5.6.3.1 the Landlord, despite using reasonable endeavours, cannot obtain any necessary permission, 5.6.3.2 any permission is granted subject to a lawful condition with which in all the circumstances it is unreasonable to expect the Landlord to comply, 5.6.3.3 there is some defect or deficiency in the site on which the rebuilding or reinstatement is to take place that means it can only be undertaken at a cost that is unreasonable in all the circumstances, 5.6.3.4 the Landlord is unable to obtain access to the site to rebuild or reinstate, 5.6.3.5 the rebuilding or reinstating is prevented by war, act of God, government action, strike or lock-out, or because of the occurrence of any other circumstances beyond the Landlord’s control 5.6.4 If, at the end of the period of 3 years commencing on the date of the damage or destruction, the Premises are still not fit for the Tenant’s occupation and use, either the Landlord or the Tenant may by notice served at any time within 6 months of the end of that period (“a notice to terminate following failure to reinstate”) implement the provision of clause 5.6.5 5.6.5 On service of a notice to terminate following failure to reinstate, the Term is to cease absolutely – but without prejudice to any rights or remedies that may have accrued –and all money received in respect of the insurance effected by the Landlord pursuant to this Lease is to belong to the Landlord absolutely
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Reinstatement and Termination. The Landlord must if practicable reinstate the Property and replace the Contents or any part damaged or destroyed by any risk against which it is insured, provided that the damage or destruction was not due to any act or omission of the Tenant or anyone under his control and the insurance policy has not been rendered void or invalidated by such an act or omission. If, at the end of 2 months from the date of the damage or destruction, the Property is still not fit for the Tenant's occupation and use, either the Landlord or the Tenant may at any time during the following 2 months serve a notice to terminate this agreement. On service of such a notice, the Term is to end but this shall not affect any rights or remedies that may have already accrued to either party. All money received in respect of the insurance taken out by the Landlord under this agreement is to belong to the Landlord absolutely.
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Reinstatement and Termination. (a) Notwithstanding anything in this Guaranty to the contrary, this Guaranty shall continue to be effective or be reinstated, as the case may be, if at any time any payment of any portion of the Guaranteed Obligations is revoked, terminated, rescinded or reduced or must otherwise be restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower or any other Person or otherwise, as if such payment had not been made and whether or not the Lender is in possession of or has released this Guaranty and regardless of any prior revocation, rescission, termination or reduction. (b) Subject to clause (a) regarding reinstatement, this Guaranty shall terminate and be released on the date the Guaranteed Obligation is Paid In Full, the Obligation under the Credit Agreement has been paid in full, and the Lender’s obligations to extend credit under the Credit Agreement have terminated.
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Reinstatement and Termination. (a) If at any time any payment of the principal of or interest on the Senior Debt or Subordinated Debt is rescinded or must be restored or returned upon the insolvency, bankruptcy or reorganization of Borrower or otherwise, the obligations of Borrower, Senior Lender and Subordinated Lender under this Agreement, with respect to that payment, shall be reinstated as though the payment had been due but not made at that time. (b) Subject to subsection (a) above, this Agreement and all obligations under this Agreement shall terminate upon the earlier of (i) the repayment in full in cash of all Senior Debt and the termination of all of Senior Lender’s commitments to extend credit under the Senior Debt Documents or (ii) the repayment in full of the Subordinated Debt and the termination of the Subordinated Debt Documents (except for any provisions thereof, such as indemnification provisions, which by their terms survive termination).
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Reinstatement and Termination. (a) Notwithstanding anything in this Guaranty to the contrary, this Guaranty shall continue to be effective or be reinstated, as the case may be, if at any time any payment of any portion of the Guaranteed Obligation paid by Guarantor is revoked, terminated, rescinded or reduced or must otherwise be restored or returned upon the insolvency, bankruptcy or reorganization (including without limitation pursuant to any Debtor Relief Laws) of any Borrower or any other Person or otherwise, as if such payment had not been made and whether or not the Lender is in possession of or has released this Guaranty and regardless of any prior revocation, rescission, termination or reduction. (b) Subject to clause (a) regarding reinstatement, this Guaranty shall terminate and be released on the date the Guaranteed Obligation is Paid in Full, other than obligations that survive termination or assignment of the Loan Documents, and the Credit Agreement has terminated in accordance with its terms. (c) Upon termination of the Guaranty pursuant to the provisions of Section 21(b), Lender shall deliver or cause to be delivered to Guarantor, at Guarantor’s expense, releases and satisfactions, or transfers without warranty, of all obligations under this Guaranty and all collateral of Guarantor securing such Guaranteed Obligation, and Guarantor shall deliver to Lender a general release of all of Lender’s liabilities and obligations to Guarantor, including under the Loan Documents (in each case, other than those arising under the obligations that survive the termination or assignment of the Loan Documents) and an acknowledgment that the same have been terminated or assigned as to Guarantor.
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Reinstatement and Termination. (a) Notwithstanding anything in this Guaranty to the contrary, this Guaranty shall continue to be effective or be reinstated, as the case may be, if at any time any payment of any portion of the Obligations paid by Guarantor or the Guaranteed Obligation is revoked, terminated, rescinded or reduced or must otherwise be restored or returned upon the insolvency, bankruptcy or reorganization of a Borrower or any other Person or otherwise, as if such payment had not been made and whether or not the Administrative Agent is in possession of or has released this Guaranty and regardless of any prior revocation, rescission, termination or reduction. (b) Subject to clause (a) regarding reinstatement, this Guaranty shall terminate and be released on the date the Guaranteed Obligation is Paid In Full, the Obligations under the Credit Agreement has been paid in full, and the Administrative Agent’s obligations to extend credit under the Credit Agreement have terminated.
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Reinstatement and Termination. The Landlord must if practicable ensure that the Building or any part damaged or destroyed by any risk against which it is insured [is (or as appropriate) are] reinstated [and replaced], provided that the damage or destruction was not due to any act or omission of the Tenant or anyone under his control and the insurance policy has not been rendered void or invalidated by such an act or omission. [If, at the end of [2 months] from the date of the damage or destruction, the Property is still not fit for the Tenant’s occupation and use, either the Landlord or the Tenant may at any time during the following [2 months] serve a notice to terminate this agreement. On service of such a notice, the Term is to end but this shall not affect any rights or remedies that may have already accrued to either party. [All money received in respect of the insurance taken out by the Landlord under this agreement is to belong to the Landlord absolutely (or as appropriate)].
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Reinstatement and Termination. We must if practicably reinstate the building and replace the contents or any part damaged or destroyed by any risk which it is insured provided that the damage or destruction was not due to any act or omission of you or anyone under your control and the insurance policy has not been rendered void or invalidated by such an act or omission. If at the end of (three) months from the date of the damage or destruction, your home is still not fit for your occupation and use, either YHG or you may at any time during the following (three) months serve a notice to terminate this Agreement. On service of such a notice the term is to end but this will not affect any rights or remedies that may have already accrued to either party. All money received in respect of the insurance taken out by YHG under this Agreement is to belong to YHG absolutely.
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Reinstatement and Termination 
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Related to Reinstatement and Termination

  • Default and Termination (a) In the event that either Party (the “Non-defaulting Party”) determines that the other Party (the “Defaulting Party”) is in breach of any term or condition of this Agreement, unless the breach is a Substantial Breach, the Non- defaulting Party shall give the Defaulting Party fourteen (14) days from the day of written notification of the breach for the Defaulting Party to remedy the breach or if the breach cannot reasonably be cured within such period, provided the Defaulting Party proceeds to diligently remedy the default, such additional period of time as is reasonably required to remedy the breach, as determined by the Non-defaulting Party, acting reasonably. (b) In the event that: (i) the Non-defaulting Party determines that the Defaulting Party is in breach pursuant to Section 3.3(a); (ii) the breach was not a Substantial Breach at the time such breach occurred; and (iii) the Defaulting Party disputes the determination of the breach made by the Non-defaulting Party, the provisions of Schedule H shall apply with respect to the dispute. (c) In the event of a Substantial Breach, the Non-defaulting Party shall, without limiting any other rights it may have in law or equity, have the right to terminate this Agreement without cost, penalty, or process of law with a minimum of forty-eight (48) hours prior written notice to the Defaulting Party. (d) If the Service Provider materially defaults in the observation or performance of any term or condition of this Agreement, and fails to remedy such default within the period provided for herein, AHS shall be entitled, but not obligated, to take such steps as may be available or desirable to remedy such default, and all costs of AHS in that regard shall be paid by the Service Provider to AHS on demand. (e) The rights and remedies of the Parties as set forth in this Agreement are cumulative and shall in no way be deemed to limit any of the other provisions of this Agreement or otherwise to deny the Parties any other remedy at law or in equity which the Parties may have under any law in effect at the date hereof or which may hereinafter be enacted or become effective, it being the intent hereof that such rights and remedies of the Parties shall supplement or be in addition to or in aid of the other provisions of this Agreement and of any right or remedy at law or in equity which the Parties may possess.

  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of this Agreement. 2.2. This Agreement will terminate without any further notice in the event products offered under this Agreement have not been used during a period of two (2) years. 2.3. This Agreement may be terminated at any time by either party with 30 days written notice. 2.4. This Agreement may be terminated by SAS with immediate effect if the CMP Code is used for private purposes or if SAS has reasonable cause to believe that such or similar misuse has occurred or if the Buyer is put into bankruptcy, enters into liquidation or is otherwise deemed to be insolvent.

  • Amendment and Termination No amendment, modification, termination or cancellation of this Agreement shall be effective unless it is in writing signed by both the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver.

  • Suspension and Termination Schedule 6 shall have effect.

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