Terminate Agreement. This license may be terminated by the Student only subject to the following conditions:
Terminate Agreement. Owner may not terminate this Agreement because of any Operator Payment Default without first giving Operator written notice of its intention to terminate the Agreement ("Termination Notice"), to be effective on a date to be specified by Owner that is at least thirty (30) days after the date of the Termination Notice. If, by the date specified in the Termination Notice, Operator fails to pay the amount required to cure the Operator Payment Default (including interest at the Default Rate that accrues during the continuance of the Operator Payment Default), Owner’s termination of this Agreement shall become effective on the date specified in the Termination Notice. Upon such termination, the Parties shall be relieved of all further duties and obligations under this Agreement, other than (i) the payment of any accrued and unpaid obligations owed by either Party as of the date of termination (including the amount owed by Operator with respect to the Operator Payment Default and interest payable with respect thereto); (ii) the removal of the Improvements by Operator pursuant to Section 8.11; and (iii) any other obligations and liabilities that are expressly stated in this Agreement to survive such termination. Owner’s right to terminate this Agreement pursuant to this Section 18.1.2 is subject to and conditioned upon Owner giving any Operator Mortgagee written notice and opportunity to cure the Operator Payment Default as provided in Section 13.2.
Terminate Agreement. In the event any action or proceeding of the type referred to in Section 11.02 above (except for actions referred to in the Memorandum) shall be instituted or, to the knowledge of the Placement Agent, threatened against the Placement Agent at any time prior to the effective date hereunder, or in the event there shall be filed by or against the Placement Agent in any court pursuant to any federal, state, local or municipal statute, a petition in bankruptcy or insolvency or for reorganization or for the appointment of a receiver or trustee of its assets or if the Placement Agent makes an assignment for the benefit of creditors, the Company shall have the right on three (3) days’ written notice to the Placement Agent to terminate this Agreement without any liability to the Placement Agent of any kind.
Terminate Agreement. Terminate this Agreement and any of the other Loan Documents as to any future liability or obligation of Bank, but without affecting the Obligations.
Terminate Agreement. 11.1 Hợp đồng này sẽ chấm dứt trong một hoặc các trường hợp sau đây: This Agreement shall terminate in one or more of the following cases: Thời hạn thuê kết thúc mà không được gia hạn theo Điều 4 của Hợp đồng này; The lease term ends, which may not be extended under Article 4 of this Agreement; Một trong Hai Bên bị phá sản, giải thể; Either party is bankrupt or dissolved; NHÀ XƯỞNG bị tiêu hủy hoặc hư hỏng đến mức hoàn toàn không thể sử dụng được; FACTORY was destroyed or damaged to the extent absolutely can not be used; Trường hợp bất khả kháng ngăn cản Hai Bên thực hiện Hợp đồng trong thời gian .... tháng liên t In case of force majeure prevents the contract two Parties in …….. consecutive months; Hai Bên thỏa thuận chấm dứt Hợp đồng trước thời hạn; The two parties agreed to terminate the contract ahead of time; Các trường hợp khác theo quy định của Hợp đồng và pháp luật. Other cases prescribed by law and contract.
Terminate Agreement. In the event any action or proceeding of the type referred to in Section 11.02 above (except for actions referred to in the Memorandum) shall be instituted or, to the knowledge of the Placement Agent, threatened against the Placement Agent at any time prior to the effective date hereunder, or in the event there shall be filed by or against the Placement Agent in any court pursuant to any federal, state, local or municipal statute, a petition in bankruptcy or insolvency or for reorganization or for the appointment of a receiver or trustee of its assets or if the Placement Agent makes an assignment for the benefit of creditors, the Company shall have the right on three (3) days' written notice to the Placement Agent to terminate this Agreement without any liability to the Placement Agent of any kind.
Terminate Agreement. After giving Seller an opportunity to cure any breach and Seller failing which after five (5) days, cancel this Agreement by written notice to Seller given on or before the Closing Date, in which event Escrow Agent shall be irrevocably obligated to return the Deposit together with all interest earned on it to Purchaser and the Seller shall reimburse Purchaser for all out-of-pocket expenses incurred by Purchaser related to the purchase of the Property; upon such return and reimbursement, both parties shall be released from all further obligations under this Agreement except for those specified to survive termination of this Agreement, unless the default was caused by the willful act or omission of, or the misrepresentation or breach of warranty or covenant by, Seller, in which event Seller shall continue to be liable for damages caused by such default. The five (5) day cure period shall not apply to Seller’s obligation to close on the Closing Date; or
Terminate Agreement. Landlord may terminate Tenant’s right to possession by any lawful means, in which case this Agreement shall terminate and Tenant shall immediately surrender possession of the Premises to Landlord. In such event Landlord shall be entitled to recover from Tenant all damages incurred by Landlord by reason of Tenant’s default including (without limitation) the following: (a) The worth at the time of award of any unpaid Rent which had been earned at the time of such termination; plus (b) the worth at the time of award of the amount by which the unpaid Rent which would have been earned after termination until the time of award exceeds the amount of such Rent loss that could have been reasonably avoided; plus (c) the worth at the time of award of the amount by which the unpaid Rent for the balance of the Term after the time of award exceeds the amount of such Rent loss that can be reasonably avoided; plus (d) any other amount and court costs necessary to compensate Landlord for all the detriment proximately caused by Tenant’s default or which in the ordinary course of things would be likely to result therefrom (including, without limiting the generality of the foregoing, the reasonable amount of any commissions, finder’s fee, advertising costs, remodeling costs and attorneys’ fees in connection with obtaining a replacement tenant amortized over the term of the new (replacement) lease); plus (e) at Landlord’s election, such other amounts in addition to or in lieu of the foregoing as may be permitted from time-to-time by applicable law. As used in subparagraphs (a) and (b) of this Section 21.2.2, the “worth at the time of award” shall be computed by allowing interest at the Agreed Rate, and, as used in subparagraph (c) of this Section 21.2.2, the “worth at the time of award” is to be computed by discounting such amount at the discount rate of the U.S. Federal Reserve Bank of San Francisco at the time of award, plus one percent (1%). Agreed Rate, as used herein, means the prime commercial rate of interest charged from time-to-time by Xxxxx Fargo Bank, National Association (or, if the same does not exist, such other comparable bank selected by Landlord), plus two percent (2%) per annum, but not to exceed the maximum rate of interest allowable under law.
Terminate Agreement. The Consignor has the right to not renew the Agreement and the Agreement shall expire in accordance with Section 10 below.
Terminate Agreement. Seller may terminate this Agreement by delivering written notice of Seller’s election to terminate this Agreement to Purchaser and the Closing Agent. Upon such termination, the Closing Agent shall promptly pay the Xxxxxxx Money Deposit to Seller as liquidated damages for the Purchaser Event of Default.
