Right of cancellation and termination Sample Clauses

Right of cancellation and termination. The principal cardholder is entitled to cancel the credit agreement in writing within fourteen (14) days of receipt (postmark). The credit agreement shall expire automatically upon cancellation or termination of the credit card agreement. If, however, the terminated principal card is replaced by another principal card from the Issuer with an installment facility or if the principal cardholder terminates the principal card in a bundle without explicitly terminating the credit agreement for the bundle, the credit agreement shall automatically apply to the new card or shall be transferred to the other products in the bundle, in the absence of written instructions to the contrary from the principal cardholder. The Issuer may termi- nate the credit agreement in the event of default by the principal cardholder only if the principal cardholder has failed to pay the mini- mum amount indicated on the monthly statements (see section 3) in four (4)
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Right of cancellation and termination. Any party hereto shall have the right to cancel this contract at any time during its existence upon giving ninety (90) days advance notice of its intention to cancel. Upon the termination of the ninety (90) day period, this contract shall then be canceled, terminated, become null and void and of no further force and effect.
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Right of cancellation and termination. The principal cardholder is entitled to cancel the credit agree- ment in writing within fourteen (14) days of receipt (postmark). The credit agreement shall expire automati- cally upon cancellation or termination of the credit card agreement. If, however, the terminated principal card is replaced by another principal card from the Issuer with an installment facility or if the principal card- holder terminates the principal card in a bundle without explicitly terminating the credit agreement for the bundle, the credit agreement shall automatically apply to the new card or shall be transferred to the other products in the bundle, in the absence of written instructions to the con- trary from the principal cardholder. The Issuer may terminate the credit agreement in the event of default by the principal cardholder only if the principal cardholder has failed to pay the minimum amount indicated on the monthly statements (see section 3) in two (2) consecutive months. Both the principal cardholder as well as the Issuer may also terminate the credit agreement separately at any time with immediate effect (i.e. with no effect on the credit card agreement). All outstanding invoice amounts become due and payable immediately upon termination of the credit agreement. Version 01/2016 * Your personal spending limit may exceed the maximum product limit. In this case, your personal spending limit is the maximum credit limit. ** You will find your account number on the top left of your monthly card statement or in cardservice. *** The actual credit limit granted may differ from the requested limit.
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Right of cancellation and termination. The principal cardholder is entitled to cancel the credit agreement in writing within fourteen (14) days of receipt (postmark). The credit agreement shall expire automatically upon cancellation or termination of the credit card agreement. If, however, the terminated principal card is replaced by another principal card from the Issuer with an installment facility or if the principal cardholder terminates the principal card in a bundle without explicitly terminating the credit agreement for the bundle, the credit agreement shall automatically apply to the new card or shall be transferred to the other products in the bundle, in the absence of written instructions to the contrary from the principal cardholder. The Issuer may terminate the credit agreement in the event of default by the principal cardholder only if the principal cardholder has failed to pay the minimum amount indicated on the monthly statements (see section 3) in four (4) consecutive months. Both the principal cardholder as well as the Issuer may also termi- nate the credit agreement separately at any time with immediate effect (i.e. with no effect on the credit card agreement). All outstand- ing invoice amounts become due and payable immediately upon termination of the credit agreement. Version 01/2021
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Related to Right of cancellation and termination

  • Cancellation and Termination a) The exhibitor shall have the right to cancel this license agreement or downsize by notice in writing to be delivered to MPE. All deposits/payments received by MPE up to the date of notice of cancellation or downsize are non-refundable and non-transferable and the balance of the full cost of the space is due immediately. In the event that the Exhibitor (i) fails to make payments in accordance with the payment schedule setout herein or (ii) fails to appear at the show; MPE reserves the right to cancel this license agreement without notice and all rights of the Exhibitor hereunder shall cease and terminate. MPE will retain any and all deposits/payment(s) made by the Exhibitor as liquidated damages (and not as a penalty) for breach of this license agreement and all payments will be due per the terms of the contract. In the event of either of the above circumstances, MPE has the right to (i) re-rent said space and (ii) bring action against the Exhibitor for payment of the full cost of the space originally licensed from MPE.

  • Termination and Cancellation 9. 1. Licences will expire after the period shown in Clause 3 (above).

  • Dissolution and Termination (a) The Company shall not be dissolved by the admission of Substitute Members or Additional Members. The Company shall dissolve, and its affairs shall be wound up, upon:

  • Liquidation and Termination On dissolution of the Company, the Majority Members may appoint one or more Members as liquidator. The liquidators shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of liquidation shall be borne as a Company expense. Until final distribution, the liquidators shall continue to operate the Company properties with all of the power and authority of the Members. The steps to be accomplished by the liquidators are as follows:

  • Expiration and Termination This Agreement is for one academic year (August 1, 2018 through July 31, 2019) and will automatically renew for the following academic year unless terminated as indicated below by either party.

  • Effect of Cancellation If the Student cancels the housing agreement during a semester, the Student may remain in residence until the end of the semester the cancellation was given to UCF DHRL. The Student’s cancellation fees will be determined based on the date the Student’s written or electronically reproducible notice of cancellation is received by UCF DHRL; rent for the semester the cancellation is submitted to UCF DHRL will be based upon the date the Student vacates the residence facility. Notwithstanding anything in this agreement, the Student is always responsible for the greater of the pro rata rent for the semester of cancellation or the cancellation fee for that semester. Residents who cancel this agreement will not be given any preference as a current or prior resident.

  • Right of Cancellation and repayment in relation to a single Lender

  • Resignation and Termination An Authenticating Agent may resign by notifying the Indenture Trustee and the Owner Trustee. The Indenture Trustee may terminate the agency of an Authenticating Agent by notifying the Authenticating Agent and the Owner Trustee.

  • Duration and Termination This Agreement shall become effective on July 21, 2015 and shall continue in effect until February 28, 2017, and thereafter, only if such continuance is approved at least annually by a vote of the Board, including the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person, at a meeting called for the purpose of voting such approval. In addition, the question of continuance of this Agreement may be presented to the shareholders of the Portfolio; in such event, such continuance shall be effected only if approved by the affirmative vote of the holders of a majority of the outstanding voting securities of the Portfolio. This Agreement may at any time be terminated without payment of any penalty either by vote of the Board or by vote of the holders of a majority of the outstanding voting securities of the Portfolio, on not more than (60) sixty days’ written notice to the Manager. This Agreement shall automatically terminate in the event of its assignment. This Agreement may be terminated by the Manager after ninety (90) days’ written notice to the Fund. Any notice under this Agreement shall be given in writing, addressed and delivered, or mailed post-paid, to the other party at any office of such party. As used in this Section, the terms “assignment,” “interested persons,” “voting securities,” and a “majority of the outstanding voting securities” shall have the respective meanings set forth in Section 2(a)(4), Section 2(a)(19), Section 2(a)(42) of the 1940 Act and Rule 18f-2 thereunder.

  • Modification and Termination No agreement to modify, amend, extend, supersede, terminate, or discharge this Settlement Agreement, or any portion thereof, is valid or enforceable unless it is in writing and signed by all Parties to this Settlement Agreement.

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