Right to Terminate Immediately Clause Samples
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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:
8.3.1. breach by the other Party of Clause 15.6;
8.3.2. an event of Force Majeure has been continuing during more than sixty (60) days;
8.3.3. the other Party had passed a resolution for winding-up (other than in order to amalgamate or reconstruct);
8.3.4. breach by the Service Provider any of the confidentiality undertakings contained in Section X;
8.3.5. the other Party is unable to pay its debts and has presented a petition for voluntary bankruptcy;
8.3.6. the other Party had a bankruptcy order issued against it;
8.3.7. the other Party has a provisional receiver or administrative receiver appointed over the whole or a substantial part of its undertaking or assets;
8.3.8. liquidation, insolvency or legal protection proceedings have been initiated with respect to the other Party or the other Party is declared insolvent;
8.3.9. the making by the other Party of a proposal for a voluntary arrangement with creditors; or
8.3.10. the occurrence of any event analogous to the events enumerated under Clauses 8.3.5 - 8.3.9 under the law of any jurisdiction to which the other Party’s assets and undertaking are subject.
Right to Terminate Immediately. 8.4.1. 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:
(a) breach by the other Party of Clause 15.7;
Right to Terminate Immediately. 12.3.1 Notwithstanding anything to the contrary contained in this Agreement, a Party may terminate this Agreement 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:
(a) breach by a Party of Clause 19.2;
(b) an event of Force Majeure has been continuing during more than sixty (60) days;
(c) a Party had passed a resolution for winding-up (other than in order to amalgamate or reconstruct);
(d) breach by the Contractor any of the confidentiality undertakings contained in Section XV. Confidentiality;
(e) a Party is unable to pay its debts and has presented a petition for voluntary bankruptcy;
(f) a Party had a bankruptcy order issued against it;
(g) liquidation, insolvency or legal protection proceedings have been initiated with respect to a Party or a Party is declared insolvent;
(h) the occurrence of any event analogous to the events enumerated under Clauses 12.3.1 (e) – (g) under the law of any jurisdiction to which a Party’s assets and undertaking are subject.
Right to Terminate Immediately. 9.3.1. 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:
(a) breach by the other Party of Clause 17.2;
(b) an event of Force Majeure has been continuing during more than sixty (60) days;
(c) the other Party had passed a resolution for winding-up (other than in order to amalgamate or reconstruct);
(d) breach by the Contractor any of the confidentiality undertakings contained in Section XIII. Confidentiality;
(e) the other Party is unable to pay its debts and has presented a petition for voluntary bankruptcy;
(f) the other Party had a bankruptcy order issued against it;
(g) liquidation, insolvency or legal protection proceedings have been initiated with respect to the other Party or the other Party is declared insolvent;
(h) the occurrence of any event analogous to the events enumerated under Clauses 9.3.1 (e)-(g) under
Right to Terminate Immediately. Notwithstanding anything to the contrary contained in this Agreement and/or the Assignment Order, the Company and the Contractor may terminate this Agreement and/or the Assignment Orderimmediately 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:
(a) breach by the other Party of Clause20.1;
(b) an event of Force Majeure has been continuing during more than60 (sixty)days;
(c) the other Party had passed a resolution for winding-up (other than in order to amalgamate or reconstruct);
(d) the other Party is unable to pay its debts and has presented a petition for voluntary bankruptcy;
(e) the other Party had a bankruptcy order issued against it;
(f) liquidation, insolvency or legal protection proceedings have been initiated with respect tothe other Party or the other Party is declared insolvent;
(g) the occurrence of any event analogous to the events enumerated underabove paragraphs(d) - (f) under the law of any jurisdiction to which the other undertaking are subject.
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:
(a) breach by the other Party of Clause 16.3;
(b) an event of Force Majeure has been continuing during more than sixty (60) days;
(c) the other Party had passed a resolution for winding-up (other than in order to amalgamate or reconstruct);
(d) breach by the Contractor any of the confidentiality undertakings contained in Section XII;
(e) the other Party is unable to pay its debts and has presented a petition for voluntary bankruptcy;
(f) the other Party had a bankruptcy order issued against it;
Right to Terminate Immediately. 11.3.1. Notwithstanding anything to the contrary contained in this Agreement, a Party may terminate (withdraw) 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:
(a) breach by the other Party of Clause 20.2 of this Agreement;
(b) an event of Force Majeure has been continuing during more than sixty (60) days;
(c) the other Party has passed a resolution for winding-up;
(d) liquidation, insolvency or legal protection proceedings have been initiated with respect to the other Party or the other Party is declared insolvent;
(e) the occurrence of any event analogous to the events enumerated under Clauses 11.3.1 (d) under the law of any jurisdiction to which the other Party’s assets and undertaking are subject.
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 ▇▇▇▇▇▇▇▇▇.▇▇ 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.
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:
(a) breach by a Party of Clause 19.2;
(b) an event of Force Majeure has been continuing during more than sixty (60) days;
(c) a Party had passed a resolution for winding-up (other than in order to amalgamate or reconstruct);
(d) a Party is unable to pay its debts and has presented a petition for voluntary bankruptcy;
(e) a Party had a bankruptcy order issued against it;
(f) liquidation, insolvency or legal protection proceedings have been initiated with respect to a Party or a Party is declared insolvent;
(g) the occurrence of any event analogous to the events enumerated under Clauses 12.6.1 (d) - (f) under the law of any jurisdiction to which a Party’s assets and undertaking are subject;
(h) the provision of all of the Services under the Agreement have been suspended by the Principal for more than six (6) consecutive months.
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 ▇▇▇▇▇▇▇▇▇▇.▇▇ 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.