Right to Immediate Termination Sample Clauses

Right to Immediate Termination. ODFW may terminate this Agreement effective upon delivery of written notice to the License Agent, or at such later date as may be established by the ODFW, under any of the following conditions: a. If ODFW determines that the License Agent has violated any provision of this Agreement. b. If ODFW determines that the License Agent furnished to ODFW any statement, representation, warranty, or certification in connection with this Agreement which is materially false, deceptive, incorrect, or incomplete. c. If ODFW determines that the License Agent has jeopardized the integrity, security, or functionality of the Oregon Fish and Wildlife Licensing System. d. If ODFW determines that the License Agent has made public statements or taken public actions that put ODFW, its policies or programs in a negative light. e. If ODFW determines that License Agent has instituted (or has instituted against it) insolvency, receivership or bankruptcy proceedings, makes an assignment for the benefit of creditors or ceases doing business on a regular basis. f. If ODFW determines that License Agent no longer holds any license or certificate that is required for License Agent to perform its obligations under the Agreement, and License Agent has not obtained such license or certificate within fourteen (14) calendar days after ODFW’s notice. g. If ODFW revokes Agent’s authority to sell Recreational Documents pursuant to ORS 497.022(3).
Sample 1Sample 2
Right to Immediate Termination. RMHMO may terminate this Agreement immediately with notice to Contractor for any of the following causes: (1) Contractor’s license provided to it by the Colorado Department of Public Health and Environment is revoked or suspended; (2) Contractor’s federal certification to participate in the Medicare program under Title XVIII of the Social Security Act is revoked or suspended; or (3) RMHMO reasonably determines that continuation of this Agreement may negatively affect Covered Persons’ care.
Sample 1
Right to Immediate Termination. Notwithstanding anything in this Agreement to the contrary, Institution shall have the right to terminate this Agreement effective immediately upon the occurrence of any of the following events: Failure to Maintain Credentials. TRL’s failure to maintain any license or permit required by law for the conduct of the activities called for under this Agreement. Debarment. TRL’s debarment by the Food and Drug Administration or any state agency. Violations of State or Federal Laws. TRL’s violation of any state or federal laws or regulations applicable to performance of the Services under this Agreement. Failure to Maintain Insurance. TRL’s failure to maintain the insurance required under Article IV, Section 4 of this Agreement. Breach of Confidentiality. TRL’s breach of Article VI of this Agreement. Failure to Obtain Consent. TRL’s breach of Article IV, Section 6 of this Agreement. TRL shall notify Institution promptly upon becoming aware of the occurrence of any of the events mentioned in Article VII, Section 4(b).
Sample 1
Right to Immediate Termination. Notwithstanding anything in this Agreement to the contrary, TRL shall have the right to terminate this Agreement effective immediately upon Institution’s failure to pay invoices in accordance with this Agreement or Institution’s breach of Article VI of this Agreement.
Sample 1
Right to Immediate Termination. RMHP may terminate this Agreement immediately without any prior notice for any of the following causes: (1) Producer’s failure to comply with the terms of this Agreement; (2) for Producers who are individuals, Producer dying, becoming incompetent or otherwise unable to perform Producer’s obligations under this Agreement; (3) Producer’s conviction of a felony (a plea of “no contest” or acceptance of a deferred judgment or any similar arrangement concerning such an offense shall be deemed a conviction); or (4) fraud or intentional misrepresentation of any material facts by Producer, or fraud or abuse in connection with the marketing of Rocky Mountain health care plans.
Sample 1
Right to Immediate Termination. Rocky Mountain may terminate this Agreement immediately without any prior notice for any of the following causes: (1) Producer’s failure to comply with the terms of this Agreement; (2) for Producers who are natural persons, Producer dying, becoming incompetent or otherwise unable to perform Producer’s obligations under this Agreement; (3) Producer’s conviction of a felony (a plea of “no contest” or acceptance of a deferred judgment or any similar arrangement concerning such an offense shall be deemed a conviction); or (4) fraud or intentional misrepresentation of any material facts by Producer, or fraud or abuse in connection with the marketing of Rocky Mountain health care plans.
Sample 1

Related to Right to Immediate Termination

  • Immediate Termination The LHIN may terminate this Agreement immediately upon giving Notice to the HSP if: (1) the HSP is unable to provide or has discontinued the Services in whole or in part or the HSP ceases to carry on business; (2) the HSP makes an assignment, proposal, compromise, or arrangement for the benefit of creditors, or is petitioned into bankruptcy, or files for the appointment of a receiver; (3) the LHIN is directed, pursuant to the Act, to terminate this Agreement by the Minister or the Director; (4) the Home has been closed in accordance with the Act; or (5) as provided for in section 4.6, the LHIN does not receive the necessary funding from the MOHLTC.

  • Right to Terminate Following Termination Event Sections 6(b)(ii)-(iv) are deleted in their entirety and replaced by the following:

  • Right to Terminate Following Event of Default If at any time an Event of Default with respect to a party (the “Defaulting Party”) has occurred and is then continuing, the other party (the “Non-defaulting Party”) may, by not more than 20 days notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all outstanding Transactions. If, however, “Automatic Early Termination” is specified in the Schedule as applying to a party, then an Early Termination Date in respect of all outstanding Transactions will occur immediately upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(1), (3), (5), (6) or, to the extent analogous thereto, (8), and as of the time immediately preceding the institution of the relevant proceeding or the presentation of the relevant petition upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(4) or, to the extent analogous thereto, (8).

  • Rights After Termination If any Schedule is terminated for any reason, all rights granted to Client hereunder with respect to the Deliverables under that Schedule shall cease, and Client shall; (a) immediately cease all use of the applicable Deliverables and purge any and all software, content, and materials from Client’s computer systems, storage media and files, and all copies thereof, as applicable, and (b) promptly return or destroy, at College Board’s direction, content and materials, and all copies thereof, and all other confidential information of College Board then in Client’s possession or under Client’s control. Upon termination of this Agreement, the College Board shall terminate Client’s access to any systems to which Client has access under this Agreement.

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be effected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity and up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of the ESC Region 8 and TIPS. Does vendor agree? Yes

  • Benefits Upon Termination (a) If this Agreement is terminated for any reason by the Company or by the Executive (in such a case, the date on which the Executive’s employment by the Company terminates is referred to as the “Severance Date”), the Company shall have no further obligation to make or provide to the Executive, and the Executive shall have no further right to receive or obtain from the Company, any payments or benefits or compensation or damages except as follows: (i) The Company shall pay the Executive (or, in the event of his death, the Executive’s estate) his Accrued Obligations; (ii) In the event of an Involuntary Termination, each outstanding option, restricted stock award or other stock-based award granted by the Company to the Executive shall be automatically accelerated so that such award shall be vested in full as of the Severance Date; and (iii) In the event of a Change of Control Termination, the Company shall pay the Executive in one lump sum, subject to tax withholding and other authorized deductions, an amount equal to US$5 million (the “Severance Benefit”), subject to the Executive’s execution of the documents in accordance with clause 12.5(b). (b) Notwithstanding the foregoing provisions of this clause 12.3, if any of the events set forth in clause 12.1(b), which give rise to the Company’s option to terminate this Agreement, shall have occurred prior to the Severance Date or if the Executive shall be in breach of clauses 14, 15 or 16 (whether prior to or after the Severance Date) (x) the Executive shall not be entitled to claim any compensation or damages for or in respect of or by reason of such termination and (y) the Executive shall no longer be entitled to the additional benefits prescribed by clause 12.3(a)(ii). (c) The Executive agrees that the payments contemplated by this clause 12.3 (and any applicable acceleration of vesting of an equity-based award in accordance with the terms of such award in connection with the termination of the Executive’s Appointment) shall constitute the exclusive and sole remedy for the Executive and the Executive covenants not to assert or pursue any other remedies, at law or in equity, with respect to any termination of the Appointment. The Company and the Executive acknowledge and agree that there is no duty of the Executive to mitigate damages under this Agreement. All amounts paid to the Executive pursuant to clause 12.3 shall be paid without regard to whether the Executive has taken or takes actions to mitigate damages.

  • Withdrawals upon Termination 27.4.1 Notwithstanding anything to the contrary contained in this Agreement, all amounts standing to the credit of the Escrow Account shall, upon Termination, be appropriated in the following order: (a) all taxes due and payable by the Concessionaire for and in respect of the Project; (b) 55% (fifty five per cent) of Debt Due excluding Subordinated Debt; (c) outstanding Annual Concession Fee; (d) all payments and Damages certified by the Authority as due and payable to it by the Concessionaire; (e) incurred or accrued O&M Expenses; (f) retention and payments relating to the liability for defects and deficiencies set forth in Article 35; (g) outstanding Debt Service including the balance of Debt Due; (h) outstanding Subordinated Debt; (i) any other payments required to be made under this Agreement; and (j) balance, if any, in accordance with the instructions of the Concessionaire: Provided that no appropriations shall be made under Sub-clause (j) of this Clause 27.4.1 until a Vesting Certificate has been issued by the Authority under the provisions of Clause 34.4. 27.4.2 The provisions of this Article 27 and the instructions contained in the Escrow Agreement shall remain in full force and effect until the obligations set forth in Clause 27.4.1 have been discharged.

  • Termination; Survival Following Termination (i) Either party may terminate this Agreement prior to the end of the Agency Period, by giving written notice as required by this Agreement, upon ten (10) Trading Days’ notice to the other party; provided that, (A) if the Company terminates this Agreement after the Agent confirms to the Company any sale of Shares, the Company shall remain obligated to comply with Section 3(b)(v) with respect to such Shares and (B) Section 2, Section 6, Section 7 and Section 8 shall survive termination of this Agreement. If termination shall occur prior to the Settlement Date for any sale of Shares, such sale shall nevertheless settle in accordance with the terms of this Agreement. (ii) In addition to the survival provision of Section 7(b)(i), the respective indemnities, agreements, representations, warranties and other statements of the Company, of its officers and of the Agent set forth in or made pursuant to this Agreement will remain in full force and effect, regardless of any investigation made by or on behalf of the Agent or the Company or any of its or their partners, officers or directors or any controlling person, as the case may be, and, anything herein to the contrary notwithstanding, will survive delivery of and payment for the Shares sold hereunder and any termination of this Agreement.

  • Non-assignability; Termination (a) The rights and obligations of the parties under this Agreement and under any Transaction shall not be assigned by either party without the prior written consent of the other party, and any such assignment without the prior written consent of the other party shall be null and void. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns. This Agreement may be terminated by either party upon giving written notice to the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions then outstanding.

  • Effect of Bankruptcy, Death, Incompetence or Termination of a Limited Partner The occurrence of an Event of Bankruptcy as to a Limited Partner, the death of a Limited Partner or a final adjudication that a Limited Partner is incompetent (which term shall include, but not be limited to, insanity) shall not cause the termination or dissolution of the Partnership, and the business of the Partnership shall continue if an order for relief in a bankruptcy proceeding is entered against a Limited Partner, the trustee or receiver of his estate or, if he dies, his executor, administrator or trustee, or, if he is finally adjudicated incompetent, his committee, guardian or conservator, shall have the rights of such Limited Partner for the purpose of settling or managing his estate property and such power as the bankrupt, deceased or incompetent Limited Partner possessed to assign all or any part of his Partnership Interest and to join with the assignee in satisfying conditions precedent to the admission of the assignee as a Substitute Limited Partner.

Most Referenced Clauses

Most Referenced Definitions