Revocation or Termination Sample Clauses
Revocation or Termination. If the Borrower is comprised of the trustee(s) of a trust, the trust is revoked or otherwise terminated or all or a substantial part of the Borrower's assets are distributed or otherwise disposed of.
Revocation or Termination. (a) Except as set forth in paragraph (b) of this Section 13.02, the Trust may not be revoked and this Agreement may not be terminated.
(b) On the date when the Berkshire Preferred Stock is redeemed in full and the Company has no further obligations with respect to such stock, the Trust shall automatically be revoked and this Agreement shall terminate. At such time, the Trustee shall forthwith transfer and deliver to such individual or entity as the Company shall designate in writing all cash and assets then constituting the Trust. If by the termination date, the Company has not notified the Trustee in writing as to whom the assets and cash are to be transferred and delivered, the Trustee may bring an appropriate action or proceeding for leave to deposit the assets and cash in a court of competent jurisdiction. The Trustee shall be reimbursed by the Company for all costs and expenses of the action or proceeding including, without limitation, reasonable attorneys’ fees and disbursements.
Revocation or Termination. The Borrower is revoked or otherwise terminated or all or a substantial part of the Borrower's assets are distributed or otherwise disposed of.
Revocation or Termination. Restriction or conditioning, including any restriction on admission of new residents.
Revocation or Termination. If the Borrower is comprised of the trustee(s) of a trust, the trust is revoked or otherwise terminated or all or a substantial part of the Borrower’s assets are distributed or otherwise disposed of. Ref #: 1000015857 – American Restaurants Concepts Inc. AFS Loan Agreement
Revocation or Termination. 5.1 The Grantor may revoke this Trust entirely by giving a 30 days written notice to the Trustee, and may regain from the Trustee the Trust Property remaining after making payment or provision for payment of all expenses connected with the administration of this Trust. The Trustee shall execute any and all documents necessary to effectuate the transfer of the Trust Property to the Beneficiary as its interest may appear. Upon such revocation, this Agreement becomes void.
5.2 This Trust may be terminated by a written agreement between the Trustee and Beneficiary. Upon such termination, this Agreement becomes void.
Revocation or Termination. You may cancel the Services at any time, with or without cause. You understand and accept that by canceling the Services:
Revocation or Termination. A. This Franchise may be revoked as provided in the Ordinance after notice, an opportunity to cure, and a hearing as provided in the Ordinance.
B. In addition to Section 4.4 A. of this Franchise, upon failure of Grantee, after written notice, to perform properly and completely each term, condition, or obligation imposed upon it pursuant to this Franchise, the County may terminate this Franchise.
C. At the expiration of the term of this Franchise or upon its revocation or termination, the County shall have the right to require Grantee to remove its telecommunications facilities within ninety (90) days from the County rights of way. Grantee shall be liable for any costs incurred in removing any telecommunications facilities of Grantee and restoring any County rights of way. In removing its plant, structures and equipment, Grantee shall refill, at its own expense, any excavation that is made by it and shall leave all rights of way, public places and private property in as good condition as that prevailing prior to Grantee's removal of its facilities. The indemnification and insurance provisions and the letter of credit shall remain in full force and effect during the period of removal. The indemnification and insurance provisions and the letter of credit shall remain in full force and effect during the period of removal, and Grantee shall not be entitled to, and agrees not to request, compensation of any sort therefor.
D. If Grantee fails to remove its telecommunications facilities to the County’s satisfaction in the time frame required by the County, the County may perform the work and collect the cost thereof from Grantee. The actual cost thereof, including direct and indirect administrative costs, shall be a lien upon all plant and property of Grantee effective upon filing of the lien with the County Auditor.
E. A revocation or termination of this Franchise shall not prejudice any other remedy for breach of contract, damages, non-payment or otherwise which the County has under this Franchise or under law.
Revocation or Termination. The fact that an aircraft or vessel ceases to be section 38 property, ceases to be leased by its owner di- rectly to a United States person, or is leased or subleased for any period of time to a person who is not a United States person, after expiration of the period set forth in section 6511(a) (or section 6511(c) if the period is extended by agreement) for making a claim for credit or refund of the tax imposed by chapter 1 for the first taxable year for which the election applied, will not cause a termination of the election made under this section with respect to the aircraft or vessel. For example, the electing taxpayer is not relieved from any of the consequences of making the election merely because the aircraft or vessel is subleased to a person who is not a United States person for a period in excess of that allowed for short-term subleases under paragraph (c) of this section after expiration of the later of 3 years from the time the return was filed for the first taxable year to which the election applied or 2 years from the time the tax was paid for that year where the period set forth in section 6511(a) has not been extended by agree- ment.