Suspension or Termination of the Agreement Sample Clauses

Suspension or Termination of the Agreement. 6.1. The Principal may at any time suspend execution of the Agreement or part of it. In the event that the Agreement was suspended and later continued, the execution period of the Agreement shall be prolonged by a period agreed by the parties. Failing such agreement, a maximum extension equal to the suspended period shall apply. The Contractor undertakes to respect the new period of execution agreed in this way.
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Suspension or Termination of the Agreement. AND OWNER’S RIGHT TO PERFORM CONTRACTOR’S RESPONSIBILITIES 13.1 OWNER’S RIGHT TO PERFORM CONTRACTOR’S OBLIGATIONS and TERMINATION BY THE OWNER FOR CAUSE
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Suspension or Termination of the Agreement. The Agreement may be terminated by either party forthwith in the event that: there is no University programme currently being administered pursuant to this Agreement; or the Validation of the University programme operating under this Agreement is withdrawn by the University in its sole and absolute discretion; The Agreement may be terminated by a party forthwith in the event that: The other party has offered, given, agreed to give or accepted from any person any hospitality, gift, consideration or benefit of any kind, which constitute illegal or corrupt practice in relation to this collaboration, as defined by the UK Xxxxxxx Xxx 0000; An order is made or a resolution is passed for the winding up of the other party or an order is made for the appointment of an administrator to manage the affairs, business and property of the other party or a receiver and/or manager or administrative receiver is validly appointed in respect of all or any of the other party’s assets or undertaking or circumstances arise which entitle the Court or a creditor to appoint a receiver and/or manager or administrative receiver or which entitle the Court to make a winding-up or bankruptcy order or the other party. takes or suffers any similar or analogous action in consequence of debt; The other party misrepresents the relationship between the parties; or A change of control of the other party occurs, where control means the ability to direct the affairs of the institution by virtue of statute, contract or otherwise. The other party ceases to comply with its Due Diligence requirements. On a material breach of this Agreement, the party not in breach may serve a notice on the party in breach requiring the breach to be remedied (if capable of remedy) within a period specified in the notice, not being longer than thirty (30) days. If the breach has not been remedied by the date of the expiry of the notice, the party not in breach may then terminate the Agreement immediately. The Agreement may be terminated by either party giving at least one year's written notice to the other party addressed to the Chief Executive.
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Suspension or Termination of the Agreement. 1. Both Parties may negotiate to suspend or terminate this Agreement.
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Suspension or Termination of the Agreement. Termination or suspension of this Agreement Either party may terminate this Agreement by giving one month’s prior written notice. SCP may, without prejudice to its other rights, suspend or terminate this Agreement with immediate effect by written notice to the Partner where: the Partner, either directly or through its staff, representatives, or through a third party, breaches any of its obligations under this Agreement including without limitation any breach of the Donor Conditions and the other annexes and fails to remedy such breach within 15 days of being notified by SCP; for any reason, the Partner is unable to continue with the implementation of the Project under the terms and conditions of this Agreement including its annexes; direct or indirect publicity concerning the Partner materially adversely prejudices the activities of SCP, the Donor or the Partner; there is misuse or misappropriation of Project funds or assets, or any fraud or safeguarding or other acts in connection with the Project which may bring SCP into disrepute or is materially adverse to the interests of SCP; it is required in order to comply with applicable laws, requirements of regulatory authorities or judgment of any court of competent jurisdiction; or such termination or suspension is in accordance with the Donor Conditions. Alteration, suspension or termination of the Donor Agreement In the event that the Donor Agreement is altered, terminated or suspended by the Donor, SCP may, at its sole discretion, alter, terminate or suspend this Agreement with immediate effect at any time by written notice to the Partner, giving such reason(s) as it is aware for such alteration, termination or suspension. Where this Agreement has been altered, terminated or suspended pursuant to Clause 22.2(a), the Partner shall take such steps as are necessary to alter, suspend or terminate the activities provided for under this Agreement, (including altering, suspending or terminating any sub-contracts) in a timely and orderly manner, as agreed with SCP, and shall minimise any further expenditure in the case of termination or suspension of this Agreement. If this Agreement is terminated under this Clause 22: The Partner shall: stop Project activities and take all reasonable steps to preserve and protect all work produced to date and comply with instructions from SCP in relation to these activities; provide, without delay, an account reconciliation of award-funded expenditure up to the date of terminatio...
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Suspension or Termination of the Agreement 
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Related to Suspension or Termination of the Agreement

  • Amendment, Suspension or Termination of the Plan By accepting this Award, Participant expressly warrants that he or she has received an Award of Restricted Stock Units under the Plan, and has received, read and understood a description of the Plan. Participant understands that the Plan is discretionary in nature and may be amended, suspended or terminated by the Company at any time.

  • Termination of the Agreement In the event of failure by the participant to perform any of the obligations arising from the agreement, and regardless of the consequences provided for under the applicable law, the institution is legally entitled to terminate or cancel the agreement without any further legal formality where no action is taken by the participant within one month of receiving notification by registered letter. If the participant terminates the agreement before its agreement ends or if he/she fails to follow the agreement in accordance with the rules, he/she shall have to refund the amount of the grant already paid, except if agreed differently with the sending organisation. In case of termination by the participant due to "force majeure", i.e. an unforeseeable exceptional situation or event beyond the participant's control and not attributable to error or negligence on his/her part, the participant shall be entitled to receive at least the amount of the grant corresponding to the actual duration of the mobility period. Any remaining funds shall have to be refunded, except if agreed differently with the sending organisation.

  • Suspension or Termination of Sales Consistent with standard market settlement practices, the Company or the Agent may, upon notice to the other party hereto in writing or by telephone (confirmed immediately by verifiable email), suspend any sale of Shares, and the period set forth in an Issuance Notice shall immediately terminate; provided, however, that (A) such suspension and termination shall not affect or impair either party’s obligations with respect to any Shares placed or sold hereunder prior to the receipt of such notice; (B) if the Company suspends or terminates any sale of Shares after the Agent confirms such sale to the Company, the Company shall still be obligated to comply with Section 3(b)(v) with respect to such Shares; and (C) if the Company defaults in its obligation to deliver Shares on a Settlement Date, the Company agrees that it will hold the Agent harmless against any loss, claim, damage or expense (including, without limitation, penalties, interest and reasonable legal fees and expenses), as incurred, arising out of or in connection with such default by the Company. The parties hereto acknowledge and agree that, in performing its obligations under this Agreement, the Agent may borrow Common Shares from stock lenders in the event that the Company has not delivered Shares to settle sales as required by subsection (v) above, and may use the Shares to settle or close out such borrowings. The Company agrees that no such notice shall be effective against the Agent unless it is made to the persons identified in writing by the Agent pursuant to Section 3(b)(i).

  • Suspension or Termination of Offering The Dealer Manager agrees, and will require that each of the Participating Dealers agree, to suspend or terminate the offering and sale of the Primary Shares upon request of the Company at any time and to resume offering and sale of the Primary Shares upon subsequent request of the Company.

  • Duration of the Agreement This Agreement shall come into effect on the day and year stated in Box 4 and shall continue until the date stated in Box 17. Thereafter it shall continue until terminated by either party giving to the other notice in writing, in which event the Agreement shall terminate upon the expiration of a period of two months from the date upon which such notice was given.

  • Duration and Termination of the Agreement This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective 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) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:

  • Modification or Termination The Loan Documents may only be modified or terminated by a written instrument or instruments intended for that purpose and executed by the party against which enforcement of the modification or termination is asserted. Any alleged modification or termination which is not so documented shall not be effective as to any party.

  • Term and Termination of the Agreement 15.1. Term and duration of the Agreement The Standard Transmission Agreement shall enter into force on the Start Date of this Standard Transmission Agreement and shall be effective for an undetermined term.

  • Amendment or Termination of Agreement This Agreement may be changed or terminated only upon the mutual written consent of the Company and Executive. The written consent of the Company to a change or termination of this Agreement must be signed by an executive officer of the Company after such change or termination has been approved by the Board.

  • Ratification of the Agreement As amended by this Amendment, the Agreement is in all respects ratified and confirmed, and the Agreement, as so amended by this Amendment, shall be read, taken and construed as one and the same instrument.

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