Right to Terminate Immediately Sample Clauses

Right to Terminate Immediately. Notwithstanding anything to the contrary contained in this Agreement, a Party may terminate this Agreement immediately upon giving the other Party a written notice of termination explaining, in reasonable detail, the reason for termination upon occurrence of any of the following:
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Right to Terminate Immediately. 12.6.1 Notwithstanding anything to the contrary contained in this Agreement, the Principal and the Contractor may terminate this Agreement or the particular Assignment Order immediately upon giving the Parties a written notice of termination explaining, in reasonable detail, the reason for termination upon occurrence of any of the following:
Sample 1
Right to Terminate Immediately. The Principal may terminate this Agreement immediately upon giving the other Party a written notice of termination explaining, in reasonable detail, the reason for termination, if the Principal does not sign the Contract No 2016-EU-TMC-0116-M with the European Xxxxxxxxxx.Xx such a case,the Principal shall pay the Contractor the feesin respect of the servicesprovided under this Agreementup to the date of the notification of the termination of this Agreementand the Principal is not obliged to pay contractual or any other penalty or damagesto the Contractor.
Sample 1
Right to Terminate Immediately. The Principal may terminate this Agreement immediately upon giving the other Party a written notice of termination explaining, in reasonable detail, the reason for termination, ifCEF Co-financing for further financing of the Study are not available to the Xxxxxxxxx.Xx such a case, the Principal shall pay the Contractor the fees in respect of the Study provided under this Agreement up to the date of the notification of the termination of this Agreement and the Principal is not obliged to pay contractual or any otherpenalty or damages to the Contractor.
Sample 1
Right to Terminate Immediately. Notwithstanding anything to the contrary contained in this Agreement, the Principal and the AsBo may terminate this Agreement or the particular Assignment Order immediately upon giving the Parties a written notice of termination explaining, in reasonable detail, the reason for termination upon occurrence of any of the following: breach by a Party of Clause 21.2; an event of Force Majeure has been continuing during more than sixty (60) days; a Party had passed a resolution for winding-up (other than in order to amalgamate or reconstruct); a Party is unable to pay its debts and has presented a petition for voluntary bankruptcy;
Sample 1
Right to Terminate Immediately. Notwithstanding anything to the contrary contained in this Agreement, the Principal and the AsBo may terminate this Agreement or the particular Assignment Order immediately upon giving the Parties a written notice of termination explaining, in reasonable detail, the reason for termination upon occurrence of any of the following: breach by a Party of Clause 21.2; an event of Force Majeure has been continuing during more than sixty (60) days; a Party had passed a resolution for winding-up (other than in order to amalgamate or reconstruct); a Party is unable to pay its debts and has presented a petition for voluntary bankruptcy;
Sample 1

Related to Right to Terminate Immediately

  • Right to Terminate Sale In the event that the property as stated in the Proclamation of Sale is not the property as described under the security documents executed by the Assignor/Borrower or otherwise different from such property as assigned to the Assignee/Bank by the Assignor/Borrower, the Assignee/Bank shall be entitled to terminate the sale and the bidding deposit paid shall be refunded to the Successful Purchaser(s). The Successful Purchaser(s) shall have no claims whatsoever against the Assignee/Bank, their Solicitors or the Auctioneer or any compensation in respect thereof.

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

  • OPTION TO TERMINATE AGREEMENT In the event that any payment otherwise due from the Applicant to the District under Article IV, Article V, or Article VI of this Agreement with respect to a Tax Year is subject to reduction in accordance with the provisions of Section 7.1, then the Applicant shall have the option to terminate this Agreement. The Applicant may exercise such option to terminate this Agreement by notifying the District of its election in writing not later than the July 31 of the year following the Tax Year with respect to which a reduction under Section 7.1 is applicable. Any termination of this Agreement under the foregoing provisions of this Section 7.2 shall be effective immediately prior to the second Tax Year next following the Tax Year in which the reduction giving rise to the option occurred.

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