TERM OF THE AGREEMENT AND TERMINATION Sample Clauses

TERM OF THE AGREEMENT AND TERMINATION. 5.1 Subject to Clause 5.2, the Agreement shall become effective on the date of this Agreement and shall remain in effect for an indefinite term. 5.2 The Parties may terminate this Agreement at any time by giving at least three (3) months prior written notice. 5.3 Either Party may terminate this Agreement if the other Party is in breach of a material provision of this Agreement, and the other Party has not taken any corrective action(s) to remedy such a breach within one (1) month as from the receipt of the written notification by the requesting Party, specifying the breach and requiring its remedy. 5.4 On termination of this Agreement for any reason:  GSD will stop providing the Additional Reporting Services;  For a period of twelve (12) months after termination, the transferred information will be accessible to the Storage Customer during that period. After that period, the Storage Customer may request to delete all data related to the Storage Customer from GIE’s IT system; 5.5 Any termination shall be without prejudice to any rights of the terminating Party to claim damages, interests or costs from the defaulting Party subject to the limitations in Clause 7. 5.6 Termination shall not affect rights or obligations accrued at the time of termination. Any provision of this Agreement which by nature is intended to survive termination shall remain binding until such rights or obligations have been satisfied or released.
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TERM OF THE AGREEMENT AND TERMINATION. 17.1. The Agreement shall enter into force as soon as the Client has performed all the necessary actions required for acceptance of the Forex Company’s public offer mentioned in the Agreement, and remains valid until the parties have fully performed the obligations assumed hereunder. 17.2. The Agreement may be terminated by agreement of the parties. 17.3. The Forex Company may repudiate the Agreement unilaterally in the event of: its decision to terminate its activity at OTC Forex market; alteration of legislation preventing the parties from further performance of the Agreement; the Client’s default on his/her obligations set forth by the Agreement; the Client’s breach of representations and warranties given in clause 16.1. hereof; the Client’s failure to provide documents (information) required for identification of participants of financial transaction for the purposes of anti-money laundering and anti-terrorist financing laws and laws on non-proliferation of weapons of mass destruction, as well as when the Forex Company reasonably suspects that the Client participates in money laundering, terrorist financing or financing of proliferation of weapons of mass destruction; the Client’s failure to provide a personal data form required for his/her data updating according to the Terms and Conditions of Transactions within 3 months from the date of respective request; absence of transactions with the Client’s account during the last calendar month; 17.4. Subject to compliance with all his/her obligations hereunder, the Client may repudiate this Agreement: when the Client does not agree with amendments to the Agreement, including concerning types and (or) size of the Forex Company’s remuneration; when the Client does not agree with amendments to the Terms and Conditions of Transactions; for other reasons consistent with the Agreement, subject to a prior notice (application) sent to the Forex Company not later than 15 (fifteen) working days before the date of expected termination of the Agreement. In the event of repudiation of the Agreement, the Client shall close all the positions and comply with other obligations set forth by the Agreement. The Agreement shall be deemed terminated only after the Client has complied with all his/her obligations hereunder. 17.5. In the event of repudiation of the Contract by the Forex Company or the Client in the cases provided by clauses 17.3 or 17.4 of this section, from the moment of receipt by the other party of respective n...
TERM OF THE AGREEMENT AND TERMINATION. 6.1. The Agreement has the term agreed in the purchasing agreement or in the individual contract. 6.2. The Agreement may be terminated in writing by either party at three months’ notice to the end of a quarter. 6.3. The right of either party to terminate the Agreement for good cause remains unaffected by this clause. The following shall in particular constitute good cause: 6.3.1. the completion of orders is clearly jeopardized by the contractor’s inadequate performance; or 6.3.2. facts become known which give cause to suspect fictitious self- employment on the part of the contractor (in compliance with §5 of act No. 435/2004 on empoyment ); or 6.3.3. in a procedure of determination the contractor’s status pursuant to social insurance law (in compliance with §5 of act No. 435/2004 on empoyment ) the existence of a dependent employment will be asserted.
TERM OF THE AGREEMENT AND TERMINATION. 11.1 The Agreement takes effect from the Contract Date and is valid until further notice subject to one (1) month's notice of termination by either Party. The Parties may separately agree that the Partner will not be obliged to use the Platform during the notice period. 11.2 Notwithstanding the provisions of clause 11.1 above, foodora is entitled to terminate the Agreement with immediate effect if: a) the Partner is in breach of its obligations under the Agreement, for example by having recurring deficiencies in ordering, quality, delivery or service, and has not remedied this within five (5) days of foodora notifying the partner of the breach; b) the Partner is declared bankrupt, enters into a composition/ voluntary arrangement, goes into liquidation or is otherwise found to be insolvent or no longer holds permits necessary for its business, or c) the Partner has transferred its business or relevant point(s) of sale. 11.3 Notice of termination must be given in writing 11.4 Termination of the Agreement does not release either Party from its obligation to pay debts incurred during the term of the Agreement. 11.5 The start-up fee and any other charges and costs paid by the 11.6 Following termination of the Agreement, the Partner must without undue delay return any Technical Equipment (including but not limited to surf tablet/Wi-Fi printer) to foodora, cease using the Photographs and return all copies and images of the Photographs to foodora or destroy all copies and images of the Photographs as expressly instructed by foodora. If any Technical Equipment has not been returned within seven (7) days from termination of the Agreement, foodora is entitled to charge the Partner EUR 200. The sum will be invoiced separately and may be set off against any remaining payment(s). Any charges made does not release the Partner from its obligation to return the Technical Equipment.
TERM OF THE AGREEMENT AND TERMINATION. 3.1. The Employee’s employment shall be effective as of Commencement Date of Employment until the termination of this Agreement according to the terms and conditions set forth herein (the “Term”). 3.2. This Agreement may be terminated by either party at any time by giving the other party hereto prior written notice of such termination. If the termination is by Employee, the notice period shall be of 60 days. If the termination is by Company the notice as specified in Exhibit A (the “Notice Period”). Upon termination for any reason by the Company other than for Cause, Employee shall be entitled to payment of Salary and ancillary social benefits for the entire Notice Period. Notwithstanding anything contained herein to the contrary, the Company at its sole discretion shall have the right to terminate the employment relationship with immediate effect or prior to the end of the Notice Period set forth above and pay Employee in lieu of advance notice or the remainder thereof. 3.3. In the event that a Termination Notice is delivered by either party hereto, the following shall apply: 3.3.1. During the Notice Period, Employee shall be obligated to continue to discharge and perform all of his/her duties and obligations with Company and to take all steps, satisfactory to the Company, to ensure the orderly transition to any persons designated by Company of all matters handled by Employee during the course of his/her employment with Company. 3.3.2. Notwithstanding the above, Company shall be entitled to waive Employee’s services with Company during the Notice Period or any part thereof and/or terminate the employer-employee relationship prior to the completion of the Notice Period; in such events Company shall pay Employee the Salary and provide Employee with, or, in the event of termination of the employer-employee relationship prior to the completion of the Notice Period, pay Employee the value of, the social and fringe benefits, to which he/she would otherwise be entitled for the duration of the Notice Period, or any part thereof. 3.3.3. For the avoidance of any doubt, it is clarified that, in the event Company waives any and/or all of Employee’s services with Company during the Notice Period as aforesaid, Employee shall, immediately, upon receipt of notice of such waiver, return to Company any and all equipment provided to him/her for purposes of the performance of his/her duties under this Agreement. 3.4. The provisions of Sections 3.3.1 and 3.3.2 above notwithst...
TERM OF THE AGREEMENT AND TERMINATION. 10 year term, renewable annually for a fee of £*, fully offset against costs incurred for supply of goods. Either party may terminate the agreement at the end of the 10 year term, by providing 12 months notice in writing and the terminating party will pay the other party a payment of 4 times annual product turnover or 10 times net profit, whichever is the greater. Standard general Terms will be constructed to include the following information: · The Parties · Purpose · Definitions · Interpretation · Dermal and Trial Warranties · License and License Fee · Registration of the Product · Supplies · Forecasting and Orders · Specifications, Regulatory Matters and Trademark · Shipment Delivery and Acceptance · Prices and Payment · Pharmacovigilance · Indemnification · Dermal Patents, (granted and pending) with attached Schedule · Confidentiality · Force Majeure · Duration · Termination and Rights upon Termination · Notices · Assignment · Modification and Waiver · Severability · Entire Agreement · Applicable Law and agreed Venue Attached Schedules: · The Product · Purchase Order Details and Format · Batch Sizes ·
TERM OF THE AGREEMENT AND TERMINATION. 13.1 The Agreement is a binding commitment as of the date executed but the obligations of the parties to perform hereunder shall commence on the Power Substantial Completion Date. The term shall continue until the date that is 10 years after the Power Substantial Completion Date subject to the following: (i) The provision of the Operation Service will terminate 10 years from the Power Substantial Completion Date if not renewed in writing signed by both Parties for successive periods of one year; and (ii) The provision of the S&M Service will terminate 10 years from the Power Substantial Completion Date if not renewed in writing signed by both Parties for successive periods of one year. 13.2 The provision of the Operation Service or the S&M Service may be terminated as follows: (a) Client may terminate the provision of the Operation Service or the S&M Service upon 14 days’ notice in any of the following cases: i. the insolvency, bankruptcy or commencement of voluntary/involuntary liquidation proceedings in respect of S&M Contractor; failure on the part of the S&M Contractor to obtain or maintain any required insurance coverage; ii. a material breach by the S&M Contractor in the performance of the Service under this Agreement that is not cured within 30 days of written notice of such material breach; and/or iii. failure to produce at least 41,000,000 kwh of electricity in any 12 month period after the expiration of the Performance Guarantee. (b) S&M Contractor may terminate the provision of the Operation Service or the S&M Service upon 14 days’ notice in any of the following cases: i. non-payment by the Client of at least two consecutive instalments of the applicable monthly fee by the established deadline; and/or ii. the insolvency, bankruptcy or commencement of voluntary/involuntary liquidation proceedings in respect of Client. 13.3 In the event of a termination of the Operation Service pursuant to Section 13.2, S&M Contractor agrees to train at its own expense Client’s personnel (who shall have appropriate technical qualifications for a Plant of this nature) in the operation and management of the Plant and in performing first interventions and service and maintenance activities in the event of failure or malfunction. Such training shall last up to three months.
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TERM OF THE AGREEMENT AND TERMINATION. 5.1. Term of the Agreement
TERM OF THE AGREEMENT AND TERMINATION. 6.1 This Agreement shall last for the “Contract Length” specified in the Specific Terms & Conditions and will be automatically renewed for successive one (1)- year periods unless either party should notify the other of its termination in writing at least sixty (60) days prior to the expiry date of the Contract Length or of any of the yearly extensions thereto. 6.2 In addition to the provisions in the Specific Terms and Conditions, each Party shall have the right to terminate the Agreement immediately upon the occurrence of any of the following events by the other Party: a. winding up, or b. the making of a proposal to a Party and its creditors for a composition in satisfaction of its debts or a scheme of arrangement of its affairs, or c. the application to the court for the appointment of a liquidator, provisional liquidator or judicial manager; or the appointment of a receiver or judicial manager; and or d. the making of a proposal to its creditors for a composition in satisfaction of its debts or a scheme of arrangement of its affairs; or the appointment of a receiver in respect of its property. 6.3 Upon any expiry or termination of this Agreement, without prejudice to any other rights or remedies which the Parties may have under this Agreement: a. all rights licensed or granted to the Client under this Agreement shall immediately cease; b. the Client shall pay to the Service Provider any outstanding Fees that have accrued prior to the date of expiry or termination; and c. Clauses [6 to 9] and Clauses [10, 11 and 13] shall survive the termination of this Agreement.
TERM OF THE AGREEMENT AND TERMINATION. 6.1. This Agreement shall become effective from the date of its signing by the Parties and shall be valid for an indefinite term. 6.2. The Parties may terminate this Agreement unilaterally by notice to the other party made in writing not less than ten (10) days prior to its termination subject to the fulfillment of all obligations and mutual settlements under this Agreement. 6.3. The termination of the General Agreement or closing of the Customer’s account in the Bank shall be the basis for cancellation/termination of this Agreement.
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