RIGHT TO EARLY TERMINATION. 14.1 Each PARTY hereto shall have the right, without prejudice to any other rights provided by law, to terminate the AGREEMENT by giving written notice to the other PARTY if any of the following events occur:
RIGHT TO EARLY TERMINATION. The City shall have the option to terminate the Lease, with a sixty (60) day advance written notice to the District. The District shall have the option to terminate the Lease, with a sixty (60) day advance written notice to the City prior to the end of the fiscal year (June 30) to take effect no earlier than the start of the following fiscal year, e.g. notice to terminate given May, 2024 to be effective July 1, 2024. Upon the termination of the Lease, District and City shall have no further rights, obligations or claims with respect to each other arising from the Lease, except for those obligations of under this Lease which expressly survive and continue after the termination or expiration of the Lease.
RIGHT TO EARLY TERMINATION. Yes. OPTION TO EXTEND: 3 options to extend of 6 months each.
RIGHT TO EARLY TERMINATION. The term of the present agreement shall be mandatory for THE PROMISOR and voluntary for THE PROSPECTOR that may accordingly terminate it at any time upon 60 calendar days’ prior written notice to THE PROMISOR giving notice of the intended termination date. Nevertheless, in the event that THE PROSPECTOR terminates the present agreement prior to the two-year term, THE PROSPECTOR shall be liable for paying to THE PROMISOR, 5% (five percent) of the revenues generated by the commercialization of the mineral obtained from the works of exploitation object of this instrument. In order to calculate the revenues obtained by THE PROSPECTOR, the Parties shall take the amount of the Net Smelter Return (NSR) as reference. Likewise, during the term of the present agreement, THE PROMISOR will have access to the accounting and sales records of THE PROSPECTOR, with prior written application. The Parties shall be entitled to terminate this agreement in any moment, if any Party fails to comply with the obligations under the present, without remedying such default within a term equal or less than 60 (sixty) calendar days after receiving the notification from the affected Party.
RIGHT TO EARLY TERMINATION. The Buyer may (at its sole and absolute discretion) give notice (an "Early Termination Notice") (which shall be oral telephonic notice, if practicable, and otherwise written notice) to the Seller no later than 17:00 hours, London time, on any Notice Date (as defined below) of an early termination of this Transaction in whole or in part only (an "Early Termination"). The Buyer shall state in such notice (i) the date on which any such Early Termination is to be effected (the "Early Termination Valuation Date"), which shall be at least seven (7) Scheduled Trading Days after the Notice Date, but shall be no later than the seventh Scheduled Trading Day preceding the Settlement Date, and (ii) whether this Transaction is to be terminated in whole or in part only and, in the case of a partial termination, that portion of the Transaction which is subject to such partial termination. The Buyer will execute and deliver a written confirmation confirming the substance of any telephonic notice within one Exchange Business Day of that notice. Failure to provide that written confirmation will not affect the validity of the telephonic notice. --------------------------------------- ---------------------------------------- Upon the giving of an Early Termination Notice, the Calculation Agent shall provide the parties on the Early Termination Valuation Date with a quotation for the Early Termination (an "Early Termination Quotation") of this Transaction or of that part of this Transaction which is subject to the Early Termination Notice. On the third Currency Business Day following the Early Termination Valuation Date (the "Early Termination Settlement Date") the Buyer will pay to the other party an amount equal to the Early Termination Quotation and in consideration of such payment, the Seller shall delivery to the Buyer the relevant Number of Shares. --------------------------------------- ----------------------------------------
RIGHT TO EARLY TERMINATION. Lessee shall have the option to terminate the Lease effective anytime after the end of the sixtieth (60th) month of the Lease term. Lessee shall give no less than six (6) months written notice ("Termination Notice") to Lessor in order to exercise its right to terminate the Lease. In exchange for invoking its right to terminate, Lessee shall pay, due upon the Termination Effective Date, the amount of the unamortized cost of both (a) the Tenant Improvements in excess of $75,000 provided by Lessor as outlined in this First Addendum and (b) the brokerage commissions paid by Lessor to Lessor's broker and Lessee's broker. The combined amounts of (a) and (b) shall be deemed the "Termination Payment". Amortization of the Termination Payment will be based on a seven (7) year period and shall be computed at an annual compound interest rate of ten percent (10%). The Calculation of the Termination Payment has been set forth in the attached EXHIBIT E using the Estimated TI Amount of $170,000.00 pursuant to Paragraph 57. The Termination Payment is subject to the cost of any changes that the Lessee is permitted to make pursuant to Paragraph 58 of this Addendum. Should Lessee's changes cause the Termination Payment to increase according to Paragraph 58, then a written Amendment to EXHIBIT E will be prepared and incorporated into the Lease as EXHIBIT E-2 memorializing the change and amending the Termination Payment accordingly. "
RIGHT TO EARLY TERMINATION. Notwithstanding the foregoing, NYCP shall have the right to terminate this Agreement on the first six-month anniversary of the Effective Date in the event that it determines in its sole and non-reviewable discretion that it is dissatisfied with CAI's performance; provided, however, that in such event NYCP shall give CAI thirty (30) days' prior written notice of its intent to terminate this AGREEMENT.
RIGHT TO EARLY TERMINATION. (A) In addition to any other remedy of Buyer under law or provided under this Agreement, Buyer shall have the right at its election to terminate this Agreement upon twenty (20) days written notice to Seller, if Seller, for any reason, other than (i) Force Majeure, (ii) Buyer's failure to take, or (iii) a failure by Buyer to pay any Undisputed Amounts, fails, over a period of at least sixty (60) days, to deliver an average of ninety percent (90%) of the agreed quantity and provided further that such failure occurred not more than one hundred forty (140) days immediately preceding the giving of such notice of termination. Seller shall have twenty (20) days after receipt of such cancellation notice to cure any failure in which case Buyer's cancellation is null and void and this Agreement shall remain in full force and effect.
RIGHT TO EARLY TERMINATION. The Lender may terminate the Loan Agreement pursuant to Section 605 of the German Civil Code: – if, owing to an unforeseen circumstance, he/she requires use of the loaned object, – if the Borrower uses the object in a manner contrary to the terms agreed herein, specifically allowing the object of the present Agreement to be used by a Third Party without permission or placing the object at considerable risk by neglecting the diligence incumbent on him/her.
RIGHT TO EARLY TERMINATION. It is the current intention of the Company to install a PENCILVAC Vacuum line at the Welland Facility. The Company plans to:
