Statutory Termination Sample Clauses

Statutory Termination. In compliance with O.C.G.A. § 36-60-13, this Agreement shall be deemed terminated as provided in I(D) of this Agreement. Further, this Agreement shall terminate immediately and absolutely at such time as appropriated or otherwise unobligated funds are no longer available to satisfy the obligation of City.
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Statutory Termination. This Agreement shall terminate immediately and absolutely at such time as appropriated or otherwise unobligated funds are no longer available to satisfy the obligation of the City.
Statutory Termination. The Office of Insurance Regulation, pursuant to Florida Statute §641.234, may order Plan to cancel this Agreement if it determines that the fees to be paid by Plan are so unreasonably high as compared with similar contracts entered into by Plan or as compared with similar contracts entered by other HMO's in similar circumstances, such that this Agreement is detrimental to the Members, stockholders, investors or creditors of Plan.
Statutory Termination a) Notwithstanding any other provisions of this Lease to the contrary, if the Governmental Program is terminated or changed in response to changes in state law in such a manner as to cause this Lease and the operation of the Leased Property to be inconsistent with the changed Governmental Program, then this Lease shall be terminated by 250 days written notice to Lessee, provided however that Lessor agrees that it will not terminate or change the Governmental Program unless required to do so by applicable State law. Any termination pursuant to this section will be deemed automatically rescinded and of no force or effect if within said 250 day period (i) the State law requiring the Governmental Program to be terminated or changed is repealed or modified in such a manner as to permit the Governmental Program to continue in a form that does not cause this Lease and the operation of the Leased Property to be inconsistent therewith, or (ii) Lessee conforms its operation of the Leased Property to the changed Governmental Program. b) Notwithstanding any other provisions of this Lease to the contrary, if the State law that provides the statutory authority under which Lessor is operating the Governmental Program is repealed or modified in a manner that would prevent Lessor from operating the Governmental Program (“Repealing or Modifying Law”), then Lessor and Lessee shall cease the operation of the Leased Property 250 days after written notice described above (“Termination Date”), if such written notice is given by Lessor and not rescinded. Either Lessor’s or Lessee’s failure to cease operation of the Leased Property on the Termination Date shall be an immediate Default under this Lease without the requirement of notice of such failure and without any cure period; provided, however, if the Repealing or Modifying Law is repealed or modified in such a manner as to reinstate Lessor’s statutory authority to operate the Governmental Program before the Termination Date, then Lessor and Lessee shall no longer be required to cease operation of the Governmental Program. c) The parties agree to cooperate in good faith, to the extent permitted by applicable law, to attempt to support the continuation of the Governmental Program and this Lease.
Statutory Termination. Notwithstanding any other provisions of this Lease to the contrary, if the Governmental Program is terminated or changed in response to changes in state law in such a manner as to (a) cause this Lease and the operation of the Cowxxx Xxnter to be inconsistent with the changed Governmental Program or (b) to remove the statutory authority for the Landlord to operate the Governmental Program, then this Lease will immediately and automatically terminate upon 30 days written notice to Tenant (the “Termination Date”).
Statutory Termination. In compliance with O.C.G.A. § 36-60-13, if the Term of this Contract continues beyond the calendar year in which this Contract is executed, the parties agree that this Contract shall terminate absolutely and without further obligation on the part of the Owner on December 31 each calendar year of the Term, and further, that this Contract shall automatically renew on January 1 of each subsequent calendar year absent the Owner’s provision of written notice of non-renewal to Construction Manager at least five (5) calendar days prior to the end of the then current calendar year. Title to any supplies, materials, equipment, or other personal property shall remain in Construction Manager until fully paid for by Owner. Further, this Contract shall terminate immediately and absolutely at such time as appropriated or otherwise unobligated funds are no longer available to satisfy the obligation of the Owner.
Statutory Termination. The applicable state’s Department of Insurance may order Solstice to cancel this Agreement.
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Statutory Termination. The Department of Insurance, pursuant to Florida Statute 1.234, may order the HMO to cancel this Agreement if it determines that the fees to be paid by the HMO are so unreasonably high as compared with similar contracts entered into by the HMO or as compared with similar contracts entered into by other health maintenance organizations in similar circumstances, such that this Agreement is detrimental to the subscribers, stockholders, investors or creditors of the HMO.
Statutory Termination. Employee shall be subject to all applicable provisions of the Indiana Code and/or local ordinances regarding termination and shall have all rights enumerated therein. Employee acknowledges that his position as Town Marshal is at the pleasure of the Town Council and this Agreement cannot supercede that power as granted by State law. However, the parties acknowledge that any removal as Town Marshal shall not affect Employee’s position generally as an officer of the highest rank within the Yorktown Police Department for the duration of this Agreement, subject to the provisions herein.
Statutory Termination. Under Section 403.612(d), Texas Government Code, the Office or the District is authorized to terminate this Agreement if the Company fails to comply with the Jobs Requirement specified in Section 6.2 or the Wage Requirement specified in Section 6.4.
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