Suspension and Termination for Convenience Sample Clauses

Suspension and Termination for Convenience. The Buyer shall have the right, to require the suspension of the further performance of the contract at any time. If such suspension exceeds a continuous period of six months, the Buyer shall reimburse the Seller for such costs the Seller has actually incurred and that are resulting from the suspension exceeding the six months’ period; the Seller shall not be entitled to be compensated for loss of profit. The Seller shall not be entitled to a reimbursement of costs, if the suspension does not exceed six months or, if the suspension exceeds six months, for costs resulting from the first six months of suspension. In the event of force majeure, a strike, or lockout, the Buyer shall be entitled to defer receipt of the goods without being in acceptance default. For the reimbursement of any additional costs of the Seller resulting therefrom, if any, the provisions in the preceding paragraph shall apply analogously. The Buyer shall have the right to terminate this contract as a whole or partially, at any time at its discretion (Termination for Convenience). In the event the Buyer exercises the right to terminate the contract for convenience the Seller shall be entitled to a compensation of all deliveries made / services provided to the Buyer up to the date the termination becomes effective, but not other compensation or reimbursement.
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Suspension and Termination for Convenience. A. If the SUBRECIPIENT should materially fail to comply with any term of the award, suspension or termination may occur in accordance with 2 CFR 200.212 Suspension and Debarment. In the event that funds should fail to be or cease to be provided to the County then the County may terminate this agreement immediately.
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Suspension and Termination for Convenience. WPLCO may suspend or terminate the Work at any time at its option, in whole or in part, for its convenience without penalty to WPLCO, by giving written notice to the Contractor. During any suspension of the Work, WPLCO shall not pay any compensation nor be liable for any other costs whatsoever to Contractor with respect to the Work suspended unless expressly agreed upon by both parties. WPLCO may, at any time, authorize Contractor to resume any part of the suspended Work by notice to Contractor, and Contractor shall then promptly comply. Any partial termination shall not alter or affect the terms of the Purchase Order with respect to, or result in a change to the price of, Work not terminated. In the event the Purchase Order is terminated, WPLCO shall pay Contractor only for Work performed and obligations incurred prior to the termination and for costs that Contractor directly incurs in terminating the Purchase Order, provided WPLCO has authorized in advance those payments. In no event shall WPLCO be liable for any costs, claims, damages or liabilities whatsoever of Contractor or its subcontractors including, without limitation, for consequential, punitive, exemplary or indirect damages, loss of anticipated profit or reimbursement for Work suspended or unperformed. Upon termination, Contractor shall: (1) immediately discontinue all terminated Work; (2) if so directed by WPLCO, transfer title and deliver to WPLCO all (a) completed Work, (b) work in process, and (c) materials produced or acquired in connection with such Work, which Work conforms to the requirements of the Purchase Order, does not exceed the Work authorized by WPLCO, and cannot otherwise reasonably be used by Contractor; and (3) take all action necessary to protect Work in Contractor's or its subcontractors’ or suppliers’ possession in which WPLCO has or may acquire an interest. In no event will WPLCO be liable for lost profits or consequential, indirect, or special damages of any nature.
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Suspension and Termination for Convenience. Upon seven (7) days written notice delivered to the Architect the Cherokee Nation Entertainment may suspend or terminate this Architect’s Agreement in whole or in part at any time for its convenience. Such suspension or termination shall be effective by written notice to Architect stating the extent and effective time of such suspension or termination. Architect shall continue to perform any part of this Architect’s Agreement not so suspended or terminated. Architect shall be paid for the Services completed up to the effective date of termination and no more but will continue to be paid for any part not so suspended or terminated.
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Suspension and Termination for Convenience. Cherokee Nation Entertainment may suspend or terminate the Work in whole or in part at any time for its convenience. Such suspension or termination shall be effective by written notice to Contractor stating the extent and effective time of such suspension or termination. Contractor shall continue to perform any part of the Work not so suspended or terminated, if the Work is terminated under this Section. Contractor shall be paid for the Work completed up to the effective date of termination and no more. Cherokee Nation Entertainment and Contractor shall execute a Change Order regarding adjustments to the price of the subcontracts, scope of Work, and any other matters affected by such suspension or termination. Upon material breach of Cherokee Nation Entertainment obligations hereunder, Contractor may suspend performance if Contractor provides fourteen (14) day’s written notice to both Owner’s Representative and Cherokee Nation Entertainment.
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Suspension and Termination for Convenience. Owner may suspend or terminate the Work in whole or in part at any time for its convenience. Such suspension or termination shall be effective by written notice to Contractor stating the extent and effective time of such suspension or termination. Contractor shall continue to perform any part of the Work not so suspended or terminated, if the Work is terminated under this Section. Contractor shall be paid for the Work completed up to the effective date of termination and no more. Owner and Contractor shall execute a Change Order regarding adjustments to the Contract Price, scope of Work, and any other matters affected by such suspension or termination. Upon material breach of Owner obligations hereunder, Contractor may suspend performance if Contractor provides fourteen (14) day’s written notice to Owner.
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Related to Suspension and Termination for Convenience

  • Suspension and Termination Schedule 6 shall have effect.

  • Termination for Convenience TIPS may, by written notice to Vendor, terminate this Agreement for convenience, in whole or in part, at any time by giving thirty (30) days’ written notice to Vendor of such termination, and specifying the effective date thereof.

  • Suspension and termination of procedure 1. The disputing Parties may agree to suspend the work of the Panel at any time for a period not exceeding 12 months following the date of such agreement. In any event, if the work of the Panel has been suspended for more than 12 months, the authority of the Panel shall lapse, unless the disputing Parties agree otherwise. If the authority of the Panel lapses and the disputing Parties have not reached an agreement on the settlement of the dispute, nothing in this Article shall prevent a Party from requesting a new proceeding regarding the same matter. 2. At any time prior to the release of the Panel report, the Parties may agree to terminate the procedures before a Panel by jointly notifying the chair of the Panel on this respect.

  • Amendment, Suspension and Termination To the extent permitted by the Plan, this Agreement may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Administrator or the Board, provided that, except as may otherwise be provided by the Plan, no amendment, modification, suspension or termination of this Agreement shall adversely affect the RSUs in any material way without the prior written consent of Participant.

  • Term Suspension and Termination 9.1. Term of this MSA. This MSA comes into force on the date you first accept it by whatever means and continues until all Subscriptions expire or have been terminated.

  • Amendments, Suspension and Termination To the extent permitted by the Plan, this Agreement may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Board or the Committee. Except as provided in the preceding sentence, this Agreement cannot be modified, altered or amended, except by an agreement, in writing, signed by both the Partnership and the Participant.

  • Termination for Convenience of City The City shall have the right at any time by written notice to Contractor to terminate and cancel this contract, without cause, for the convenience of the City, and Contractor shall immediately stop work. In such event City shall not be liable to Contractor except for payment for actual work performed prior to such notice in an amount proportionate to the completed contract price and for the actual costs of preparations made by Contractor for the performance of the cancelled portions of the contract, including a reasonable allowance of profit applicable to the actual work performed and such preparations. Anticipatory profits and consequential damages shall not be recoverable by Contractor.

  • Duration and Termination of Agreement This Agreement shall become effective with respect to each Portfolio on the later of (i) its execution and (ii) the date of the meeting of the Board of Trustees of the Trust, at which meeting this Agreement is approved as described below. The Agreement will continue in effect for a period more than two years from the date of its execution only so long as such continuance is specifically approved at least annually either by the Trustees of the Trust or by a majority of the outstanding voting securities of each of the Portfolios, provided that in either event such continuance shall also be approved by the vote of a majority of the Trustees of the Trust who are not interested persons (as defined in the Investment Company Act) of any party to this Agreement cast in person at a meeting called for the purpose of voting on such approval. Any required shareholder approval of the Agreement or of any continuance of the Agreement shall be effective with respect to any Portfolio if a majority of the outstanding voting securities of the series (as defined in Rule 18f-2(h) under the Investment Company Act) of shares of that Portfolio votes to approve the Agreement or its continuance, notwithstanding that the Agreement or its continuance may not have been approved by a majority of the outstanding voting securities of (a) any other Portfolio affected by the Agreement or (b) all the portfolios of the Trust. If any required shareholder approval of this Agreement or any continuance of the Agreement is not obtained, the Subadviser will continue to act as investment subadviser with respect to such Portfolio pending the required approval of the Agreement or its continuance or of a new contract with the Subadviser or a different adviser or subadviser or other definitive action; provided, that the compensation received by the Subadviser in respect of such Portfolio during such period is in compliance with Rule 15a-4 under the Investment Company Act. This Agreement may be terminated at any time, without the payment of any penalty, by the Trustees of the Trust, by the vote of a majority of the outstanding voting securities of the Trust, or with respect to any Portfolio by the vote of a majority of the outstanding voting securities of such Portfolio, on sixty days' written notice to the Adviser and the Subadviser, or by the Adviser or Subadviser on sixty days' written notice to the Trust and the other party. This Agreement will automatically terminate, without the payment of any penalty, in the event of its assignment (as defined in the Investment Company Act) or in the event the Advisory Agreement between the Adviser and the Trust terminates for any reason.

  • Suspension for Convenience The School District shall have the right, at any time during the term of this Contract, to suspend all or any part of the Services, for the convenience of the School District, for the period of time that the School District, in its sole discretion, determines to be in the best interest of the School District, upon thirty (30) days’ prior written notice to the Architectural Designer (except that in the event of a public emergency, as determined by the School District, no such period of notice shall be required.). 13.2.1 If a suspension of the Services pursuant to this Paragraph 13.2 is for greater than thirty (30) days, the Architectural Designer shall have the right to submit a claim to the School District for the payment of costs for all Services performed and Reimbursable Expenses incurred in accordance with the provisions of this Contract prior to the effective date of the suspension. 13.2.2 The Architectural Designer shall be entitled to a one-day extension of the time of performance provided in this Contract for each day that it is suspended pursuant to this Paragraph 13.2. 13.2.3 The School District shall have the right, during the period of any suspension pursuant to this Paragraph 13.2, to terminate this Contract as provided in this Section 14, in Section 6, and elsewhere in this Contract.

  • Duration and Termination of the Agreement This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective with respect to any Portfolio now existing or hereafter created unless it has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) if required under the 1940 Act, by an affirmative vote of a majority of the outstanding voting shares of that Portfolio. This Agreement shall remain in full force and effect continuously thereafter without the payment of any penalty as follows: (a) By vote of a majority of the (i) Independent Trustees, or (ii) outstanding voting shares of the applicable Portfolios, the Trust may at any time terminate this Agreement with respect to any or all Portfolios by providing not more than 60 days’ written notice delivered or mailed by registered mail, postage prepaid, to the Manager and the Subadviser. (b) This Agreement will terminate automatically with respect to a Portfolio unless, within two years after its initial effectiveness with respect to such Portfolio and at least annually thereafter, the continuance of the Agreement is specifically approved by (i) the Board of Trustees or the shareholders of such Portfolio by the affirmative vote of a majority of the outstanding shares of such Portfolio, and (ii) a majority of the Independent Trustees, by vote cast in person at a meeting called for the purpose of voting on such approval. If the continuance of this Agreement is submitted to the shareholders of any Portfolio for their approval and such shareholders fail to approve such continuance as provided herein, the Subadviser may continue to serve hereunder in a manner consistent with the 1940 Act and the rules and regulations thereunder. (c) The Manager may at any time terminate this Agreement with respect to any or all Portfolios by not less than 60 days’ written notice delivered or mailed by registered mail, postage prepaid, to the Subadviser, and the Subadviser may at any time terminate this Agreement with respect to any or all Portfolios by not less than 90 days’ written notice delivered or mailed by registered mail, postage prepaid, to the Manager. (d) This Agreement automatically and immediately will terminate in the event of its assignment. Upon termination of this Agreement with respect to any Portfolio, the duties of the Manager delegated to the Subadviser under this Agreement with respect to such Portfolio automatically shall revert to the Manager.

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