TERM AND TERMINATION OF THE CONTRACT Sample Clauses

TERM AND TERMINATION OF THE CONTRACT. The term of this Contract shall be for the period of the License and any Lease granted thereunder, unless the Contract is terminated earlier in accordance with its terms, and shall be deemed to have been terminated, if for any reason, the Contractor ceases to hold such License or Lease.
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TERM AND TERMINATION OF THE CONTRACT. 28.1 The duration of this Contract shall commence from the Effective Date and shall continue for the period of the License and any Lease granted thereunder, unless the Contract is terminated earlier in accordance with its terms, and shall be deemed to have been terminated, if for any reason, the Contractor ceases to hold such License or Lease (the “Term”). 28.2 Subject to the provision of Articles 5, 14 and 28.6 and without prejudice to the provisions of Article 28.7 or any other provisions of this Contract, the Contractor shall have the right to terminate this Contract: (a) with respect to any part of the Contract Area other than a Development Area then producing, or that prior thereto had produced Petroleum, upon giving ninety (90) days written notice of its intention to do so; and (b) with respect to any Development Area in which Petroleum is being produced, or that prior thereto had produced Petroleum, or from where the production becomes uneconomical to produce, upon giving at least one hundred and eighty (180) days written notice of its intention to do so. 28.3 This Contract may, subject to the provisions herein below and Article 30, be terminated by the Government upon giving 90 (ninety) days written notice with reasons to the other Parties of its intention to do so in the following circumstance, namely the Contractor or a Member comprising the Contractor (“Defaulting Party”): (a) has knowingly submitted any false statement to the Government in any manner which was a material consideration in the execution of this Contract; or (b) has intentionally and knowingly extracted or authorized the extraction of hydrocarbon not authorized to be extracted by the Contract or without the permission of the Government; or (c) is adjudged bankrupt by a competent court or enters into or scheme of composition with its creditors or takes advantage of any law for the benefit of debtors; or (d) has passed a resolution to apply to a competent court for liquidation of the Member unless the liquidation is for the purpose of amalgamation or reconstruction of which the Government has been given notice and the Government is satisfied that the Member’s performance under this Contract would not be adversely affected thereby and has given its approval thereto; or (e) has assigned any interest in the Contract or part thereof without the prior written consent of the Government as provided in Article 26; or (f) has failed to comply with any final determination or award made by a s...
TERM AND TERMINATION OF THE CONTRACT. ‌ 4.1 Subject to certain specific provisions allowed by the Membership Plans, this Contract, may be terminated at the Member’s request or for any of the grounds mentioned in Article 5. 4.2 Membership with refundable membership bond
TERM AND TERMINATION OF THE CONTRACT. (1) This Contract shall be valid for as long as the Framework Agreement, remains in force, depending on whichever remains in force for longer. The Controller may, at its discretion, terminate this Framework Agreement with the Processor at any time without notice, if the Processor is in serious breach of this Contract, e.g. but not limited to, if the Processor fails to carry out instructions in accordance with § 2 (3), or if the Processor refuses to allow inspections by the Controller, whether in whole or in part, in breach of the Contract.
TERM AND TERMINATION OF THE CONTRACT. 18.1. This Balancing Group Contract will take effect on however 10 WDs after the conclusion of the contract, at the earliest, and shall be valid for an indefinite period of time. It may be terminated by the BRP with a period of 3 months to the end of a calendar month. The right of extraordinary termination as defined in Chapter 20 hereof shall remain unaffected. 18.2. Former balancing group contracts concluded between the BRP and the TSO shall become null and void upon effectiveness of this Contract. 18.3. If the balancing groups mentioned herein do not generate turnover regarding energy for longer than 3 months, either contractual party may terminate the Balancing Group Contract with a notice period of one month to the end of a calendar month, after a prior announcement. The BRP may object to the termination by stating reasons.
TERM AND TERMINATION OF THE CONTRACT. This Contract will be effective upon the latest signatory date below and shall remain in effect for one (1) year or until terminated in writing, by an authorized representative of either Party, with or without cause. This Contract shall hereafter automatically renew annually for one year only if the Epidemiology Center grant remains in effect, the projects set forth herein are still active/ongoing, and the Data will continue to be used for the original project purpose. Otherwise, this Contract must be modified or a new contract must be negotiated.
TERM AND TERMINATION OF THE CONTRACT. 1. The Contract has been concluded for a undefinite period of time with a binding effect as of 01.01.2015 2. Each Party may terminate the Contract until 30 June of each year by way of a written notification served to the other Party. In case of termination, the Contract shall be terminated on 31 December of a given year; however the Chamber shall be obliged to perform the reporting obligation until 15 March of the year following the year in which the Contract has been terminated. 3. The Chamber may terminate the Contract without notice, should the Introducer commit a gross violation of the provisions hereof and, in particular, fail to provide the Chamber with the data required thereby and necessary to perform the obligations hereunder despite receiving at least two requests, or shall be in default in the payment of the remuneration of the Chamber despite receiving a payment notice. In such case, the Contract shall be terminated upon serving the Introducer the notification on termination hereof on this basis. Termination hereof shall not release the Introducer from performing any and all obligations that have arisen prior to the termination hereof and from the obligation to reimburse the costs of any actions taken by the Chamber for the Introducer during the settlement year in question, including but not limited to actions ordered of the day of termination hereof, during the remaining part of the settlement year. 4. The Introducer may terminate the Contract without notice, should the Chamber commit a gross violation of the provisions hereof. In such case, the Contract shall be terminated upon receiving the notification of termination on this basis by the Chamber. Such termination shall not be effective prior to ineffective expiry of the period specified by the Introducer to remedy the violations. The period may not be shorter than 14 days of the date of serving the Chamber with a written request to remedy the violations. 5. In case of termination hereof, the Chamber shall inform the Marshal of the Voivodeship, in time and form agreed with the Marshal, about the withdrawal of the Introducer from the Agreement.
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TERM AND TERMINATION OF THE CONTRACT. 20.1 This Contract comes into effect from the Commencement Date and will remain in force until the Expiry Date. 20.2 Without affecting any other right or remedy available to it, either party may terminate this Contract with immediate effect by giving Notice to the other party if: 20.2.1 the other party commits a material breach of any term of this Contract and (if such breach is remediable) fails to remedy that breach within a period of 10 Working Days, or such other period as may reasonably be specified in the Notice, after the date of the Notice; 20.2.2 the other party repeatedly breaches any of the terms of this Contract in such a manner as to reasonably justify the opinion that its conduct is inconsistent with it having the intention or ability to give effect to the terms of this Contract; 20.2.3 where NRW reasonably believes that the Customer through action or omission by it or its Personnel, contractors or sub-contractors has not paid for any Product; 20.2.4 where Condition 19.1.1 applies, the Customer fails to complete the remedial action required by the specified deadline; 20.2.5 the other party experiences an Insolvency Event; 20.2.6 the other party suspends or ceases, or threatens to suspend or cease, carrying on all or a substantial part of its business; 20.2.7 the other party's financial position deteriorates so far as to reasonably justify the opinion that its ability to give effect to the terms of this Contract is in jeopardy. 20.3 Without affecting any other right or remedy available to it, NRW may terminate this Contract: 20.3.1 with immediate effect by giving written notice to the Customer if: (i) he Customer commits a breach of Conditions 18 (Insurances), 22 (Assignment and Sub-contracting), or 28 (Modern slavery and anti- bribery); or (ii) there is a change of control of the Customer and NRW has reasonable grounds for concern about the new controller’s financial standing or ability to undertake the activities set out in this Contract. 20.3.2 for convenience by giving not less than two months' written notice to the Customer. 20.4 Without limiting its other rights or remedies, NRW may suspend this Contract and any other timber sales contract between the Customer and NRW if any of the circumstances in Conditions 20.2 or 20.3.1 apply to the Customer, or NRW reasonably believes that any of those circumstances are about to apply to the Customer.
TERM AND TERMINATION OF THE CONTRACT. A - Term
TERM AND TERMINATION OF THE CONTRACT. 7.1. This Contract will become effective since signing and shall remain in force within one calendar year. The Contract is deemed extended for each further calendar year under the same conditions unless either of the Parties requires termination of the Contract at least 30 (Thirty) days prior to expiration of the term. This Contract may be terminated in cases prescribed by laws of the Russian Federation and/or third Contract. 7.2. The Contract may be extra judicially terminated at the initiative of the Operator by unilateral refusal to fulfill its obligations under the Contract, subject to notification of the Provider to that effect at least 7 (Seven) calendar days prior to the proposed date of termination, other than in cases described in clauses 2.2.6., 4.3., 4.4., 4.7., 4.8., 4.9., 4.10, 4.12, 4.13, 4.15. of this Contract. At that, the Parties shall make mutual settlements. 7.3. The Contract may be extra judicially terminated by the Provider by unilateral refusal to fulfill its obligations under the Contract, subject to notification of the Operator to that effect at least 14 (Fourteen) calendar days prior to the proposed date of termination. At that, the Parties shall make mutual settlements. 7.4. Termination of the Contract for any reason will not release the Parties from the obligation to fully repay their debts, if any, over the entire period prior to termination of this Contract.
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