Right to Terminate for Force Majeure Sample Clauses

Right to Terminate for Force Majeure. If a suspension of performance by either party as a result of a Force Majeure Event exceeds sixty (60) days, the party whose performance is unaffected by the Force Majeure Event may terminate this Agreement pursuant and subject to the terms of Section 12.2.2 hereof.
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Right to Terminate for Force Majeure. If either Party is prevented by Force Majeure from performing its obligations for a period longer than one hundred eighty (180) days from the date of its giving notice or such other time as may be agreed by the Parties, the other Party shall be entitled to terminate this Agreement by giving seven (7) days’ notice in writing to the affected Party.
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Right to Terminate for Force Majeure. Either party may terminate this Sale Contract immediately upon written notice to the other party if, as the result of the occurrence of an event of Force Majeure, the performance by either party of its obligations under this Sale Contract is delayed so that the Guaranteed Final Acceptance Date of any Production Line is postponed by more than three (3) months. In the event either party so elects to terminate this Contract for Force Majeure, Seller shall be compensated as provided in Section 9.3, PROVIDED, HOWEVER, Buyer shall have the right to adjust (i) the Purchase Price or (ii) the Guaranteed Final Acceptance Date for any Production Line, pursuant to a Change Order within thirty (30) days of receipt of Seller's notice to terminate. If a Change Order is executed by each of the parties during such thirty (30) day notice period, this Sale Contract shall continue in full force and effect.
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Related to Right to Terminate for Force Majeure

  • Reservation of Right to Terminate Relationship Nothing contained in this Agreement shall restrict the right of the Company to terminate the relationship of the Optionee at any time, with or without cause. The termination of the relationship of the Optionee by the Company, regardless of the reason therefor, shall have the results provided for in Sections 3 and 4 of this Agreement.

  • Right to Terminate Employment No provision of this Agreement shall limit in any way whatsoever any right that the Company or a Subsidiary may otherwise have to terminate the employment of the Grantee at any time. Nothing herein shall be deemed to create a contract or a right to employment with respect to the Grantee.

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

  • Right to Terminate Either Party may unilaterally terminate this Annex by providing thirty (30) calendar days written notice to the other Party.

  • Right to Terminate Agreement 21.1 If either Party (the “Breaching Party”) (a) fails to pay any amount when due under the terms of this Agreement or fails to comply with or perform, in any material respect, any of the other terms or conditions of this Agreement; (b) sells or transfers all or substantially all of its assets; (c) enters into any voluntary or involuntary bankruptcy proceeding or receivership; or (d) makes a general assignment for the benefit of its creditors, then the other Party (the “Non-Breaching Party”) shall have the right, without prejudice to any other right or remedy and after giving five (5) Days’ written prior notice to the Breaching Party and a reasonable opportunity for cure (not to exceed thirty (30) Days in the case of a failure to pay amounts when due), to terminate this Agreement, subject to Sections 21.3 and 21.4 of this Agreement. Subject to compliance with Section 22.1 of this Agreement, if applicable, the Non-Breaching Party shall also have the right to pursue any and all rights it may have against the Breaching Party under applicable law, subject to other applicable terms and conditions of this Agreement (including, without limitation, any applicable limitations on liability contained herein).

  • Right to Terminate Registration The Company shall have the right to terminate or withdraw any registration initiated by it under this Section 2.3 prior to the effectiveness of such registration whether or not any Holder has elected to include securities in such registration. The Registration Expenses of such withdrawn registration shall be borne by the Company in accordance with Section 2.5 hereof.

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