Termination - 1. Either of the parties hereto may terminate this Agreement by giving to the other party a notice in writing specifying the date of such termination, which shall be not less than ninety (90) days after the date of giving of such notice. In the event such notice is given by the Fund, it shall be accompanied by a copy of a resolution of the Board of Directors of the Fund, certified by the Secretary or any Assistant Secretary, electing to terminate this Agreement and designating a successor custodian or custodians, each of which shall be a bank or trust company having not less than $2,000,000 aggregate capital, surplus and undivided profits. In the event such notice is given by the Custodian, the Fund shall, on or before the termination date, deliver to the Custodian a copy of a resolution of the Board of Directors of the Fund, certified by the Secretary or any Assistant Secretary, designating a successor custodian or custodians. In the absence of such designation by the Fund, the Custodian may designate a successor custodian which shall be a bank or trust company having not less than $2,000,000 aggregate capital, surplus and undivided profits. Upon the date set forth in such notice this Agreement shall terminate, and the Custodian shall upon receipt of a notice of acceptance by the successor custodian on that date deliver directly to the successor custodian all Securities and money then owned by the Fund and held by it as Custodian, after deducting all fees, expenses and other amounts for the payment or reimbursement of which it shall then be entitled.
Termination - 1. This Convention shall remain in force until terminated by one of the Contracting States. Either Contracting State may terminate the Convention, through diplomatic channels, by giving notice of termination at least six months before the end of any calendar year beginning after the expiry of five years from the date of entry into force of the Convention. In such event, the Convention shall cease to have effect :
Termination - 1. The Convention shall remain in force indefinitely, but either of the Contracting States may, on or before the thirtieth day of June in any calendar year beginning after the expiration of a period of five years from the date of its entry into force, give to the other Contracting State through diplomatic channels, written notice of termination. In such event, the Convention shall cease to have effect :
(a) in Spain, in respect of taxes chargeable for any taxable year beginning on or after the first day of January of the calendar year next following that in which the notice of termination is given;
(b) in India, in respect of income arising in any taxable year beginning on or after the first day of April of the calendar year next following that in which the notice of termination is given and in respect of capital which is held on the last day of any taxable year beginning on or after the first day of April next following the calendar year in which the notice of termination is given. In witness whereof the undersigned, being duly authorised thereto, have signed the present Convention. Done in duplicate at New Delhi this 8th day of February, one thousand nine hundred and ninety three in the Hindi, Spanish and English languages, all the texts being equally authentic. In case of divergence between any of the texts, the English text shall be the operative one. At the moment of signing the Convention between the Government of the Republic of India and the Government of the Kingdom of Spain for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income and on capital, the undersigned have agreed upon the following provisions which shall be an integral part of the Convention :
1. In respect of clause (d) of paragraph 1 of Article 3 (General Definitions), it is understood that the term “tax” shall not include any amount which is payable in respect of any default or omission in relation to the taxes to which this Convention applies or which represents a penalty imposed relating to those taxes.
2. In respect of clause (g) of paragraph 2 of Article 5 (Permanent Establishment), it is understood that this clause refers to a warehouse where space is rented to other persons.
3. In respect of clauses (b) and (c) of paragraph 1 of Article 7 (Business Profits), it is understood that in the case of any doubt as to whether the goods or merchandise sold are of the similar kind as those sold through the permanent establishment or whether t...
Termination - 1. This Agreement shall remain in force indefinitely but either of the Contracting States may terminate the Agreement through the diplomatic channel, by giving to the other Contracting State written notice of termination not later than 30th June of any calendar year starting five years after the year in which the Agreement entered into force :
Termination - 1. 1. Termination
Termination - 1. At any time during the term of this Agreement, after having used all reasonable diligence in its endeavour to conduct its activities under this Agreement, if in the Company's opinion the Enterprise is not workable, the Company shall consult with the Department and may thereafter submit a written notice to terminate this Agreement and to be relieved of its obligations hereunder. At the time of the submission of such notice, the Company shall make available to the Department, to the extent requested by the Department, all relevant data and information related to the Company's activities under this Agreement which have not theretofore been delivered to the Department. Such data and information shall include but not be limited to documents, maps, plans, work sheets and other technical data and information. Upon confirmation of termination by the Department or within a period of six months from the date of the giving of such written notice by the Company, whichever shall first occur, this Agreement shall automatically terminate and the Company shall be relieved of its obligations under this Agreement except as hereinafter specifically provided in this Article.
Termination - 1. Each of the Parties may terminate the Framework agreement for justifiable reasons at the end of the first, second or third year, on condition that they send their letter of termination to the other Party, giving their reasons, by registered mail at least 90 calendar days before the end of that year. However, the effective date of termination of said Framework agreement cannot be anterior to the end of any Individual Contract. In that case, the Party confronted with the cancellation of the Framework agreement by the other Party may not claim damages for that cancellation.
2. If, during the lifetime of the Framework agreement, the Contracting party is the subject of proceedings for dissolution, bankruptcy, liquidation, judicial reorganization, payment moratorium or protest or if the Partner becomes insolvent or transfers all or a substantial part of his assets, APETRA shall have the right to terminate the Framework agreement unilaterally without prejudice to its entitlement to damages, with immediate effect and without any prior notice or payment of any Fee.
3. If the Contracting party is prevented from fulfilling all or some of his obligations by force majeure as described in Art. 13 of the present Framework agreement and the situation of force majeure has already persisted for 1 (one) month, APETRA may unilaterally cancel the Framework agreement by registered letter without being liable to the Partner for damages.
4. APETRA is obliged to abide by the specific national, international or European legislation relating to its activities, in addition to the general Belgian legislation relating to compulsory stocking. If such legislation were to change after the Shortlist comes into effect, APETRA will inform the Contracting parties thereof without delay by registered letter. If APETRA comes to the conclusion that the new laws will make fulfillment of the Framework agreement impossible or onerous, APETRA may mention in that registered letter or in a subsequent one that it will terminate the Framework agreement when that change comes into force. 5. If the new laws make fulfillment of the Framework agreement impossible for the Contracting parties, the latter may inform APETRA by registered letter that they are going to terminate the Framework agreement, with a detailed indication of the reason why fulfillment would become impossible, in which case the Framework agreement will end 90 calendar days after the dispatch of that registered letter. However, the effective...
Termination - 1. Either party may terminate this Agreement for cause at any time, upon written notice to the other, if the other knowingly and willfully (a) materially fails to comply with the laws or regulations of any state or governmental agency or body having jurisdiction over the sale of insurance or securities, (b) misappropriates any money or property belonging to the other, (c) subjects the other to any material actual or potential liability due to misfeasance, malfeasance, or nonfeasance, (d) commits any fraud upon the other, (e) has an assignment for the benefit of creditors, (f) incurs bankruptcy, or (g) commits a material breach of this Agreement.
Termination - 1. If the agreement should be prematurely terminated by customer, user shall have a right to compensation for the arising and demonstrable loss of occupation, unless facts and circumstances have led to the termination that may be deemed the responsibility of user. Furthermore, user shall in such event be under the obligation to pay the invoices for activities performed up to that moment. The provisional results of the activities performed up to that moment shall be made available to customer under reserve. 2. If the agreement should be prematurely terminated by user, user shall in consultation with customer see to transfer of the activities still to be performed to third parties, unless there are facts and circumstances that have led to the termination that are to be deemed the responsibility of customer.
Termination - 1. The employer may terminate an employee's appointment by giving the required notice in line with the relevant provisions of the labour Act 2003, Act 651. An employee may also terminate his appointment with the Company by giving the required notice.
