Termination 16 Clause Samples
The TERMINATION 16 clause defines the conditions and procedures under which either party may end the agreement before its natural expiration. Typically, this clause outlines specific events or breaches that justify termination, such as non-performance, insolvency, or mutual agreement, and may require written notice or a cure period before termination becomes effective. Its core practical function is to provide a clear and fair mechanism for ending the contractual relationship, thereby protecting both parties from ongoing obligations in situations where continuing the contract is no longer viable or desirable.
Termination 16. Section 4.1 Early Termination of Agreement; Breach of Agreement 16 Section 4.2 Early Termination Notice 19 Section 4.3 Payment upon Early Termination 19
Termination 16. The School reserves the right to terminate this Agreement if the Student is in breach of the Accommodation Requirements.
Termination 16. 1 This Agreement will become effective upon the date it is fully executed by all parties and shall continue in effect for the full duration of the Study according to the Protocol unless sooner terminated in accordance with the provisions of this Section. CRO may terminate this Agreement immediately upon written notice to Institution and Investigator for any reasons, including without limitation upon any of the following occurrences: (a) Institution or Investigator has failed to cure a breach to this Agreement within thirty (30) days of receipt of written notice, given by SPONSOR or CRO, specifying such breach; or (b) Investigator becomes personally unavailable to conduct the Study and a CRO- approved replacement has not been identified by Institution and Investigator; or (c) two months after shipment of the Investigational Product, Investigator has failed to meet the enrolment target for Subjects set forth in Exhibit A, or has recruited such a low number of Subjects that it can be reasonably assumed by CRO that the agreed number of Subjects will not be reached in accordance with the schedule set forth in Exhibit A; or (d) the authorization/authorisation and approval to perform the Study is withdrawn by the regulatory authority and/or EC governing Institution; or 16.
Termination 16. 1 This Agreement will become effective upon the date it is fully executed by all parties and shall continue in effect for the full duration of the Study according to the Protocol unless sooner terminated in accordance with the provisions of this Section. CRO may terminate this Agreement by notice with a 30 days' notice period beginning on the first day following the service of the notice to Institution and Investigator for any reasons, including without limitation upon any of the following occurrences: (a) Institution or Investigator has failed to cure a breach to this Agreement within thirty (30) days of receipt of written notice, given by SPONSOR or CRO, specifying such breach; or (b) Investigator becomes personally unavailable to conduct the Study and a CRO- approved replacement has not been identified by Institution and Investigator; or (c) two months after shipment of the Investigational Product, Investigator has failed to meet the enrolment target for Subjects set forth in Exhibit A, or has recruited such a low number of Subjects that it can be reasonably assumed by CRO that the agreed number of Subjects will not be reached in accordance with the schedule set forth in Exhibit A; or (d) the authorization/authorisation and approval to perform the Study is withdrawn by the regulatory authority and/or EC governing Institution; or (e) the audit or regulatory inspection identifies a serious breach or lack of compliance with this Agreement on the side of the Institution, Investigator and/or Study 16.
Termination 16. Section 6.1 Termination by Buyer 16 Section 6.2 Termination by Sellers 16
Termination 16. 2 Reentry Without Termination 16.3 Recovery of Rent 16.4 Landlord's Damages 16.5
Termination 16. 해지
16.1. (i) If the Customer is in breach of any of these Terms including without limitation, a provision relating to the payment of money, and fails to cure such breach within [10] business days upon service of notice from Sandvik (or if such breach is in nature incapable of being cured) or (ii) if the Customer becomes subject to one of the following events: it suspends or threatens to suspend payment of its debts or is or becomes unable to pay its debts when they are due, or its financial position deteriorates to such an extent that in Sandvik’s opinion the Customer’s capability to adequately fulfil its obligations under the Contract has been placed in jeopardy, takes any step in connection with having any external manager or controller appointed 16.1. (i) 고객이 금전의 지급과 관련한 조항을 포함하나 이에 국한되지 않는 본 조건을 위반하고, 샌드빅으로부터의 통지 송달 후 영업일 기준 [10]일 이내에 해당 위반을 시정하지 못하는 경우(또는 해당 위반이 성격상 시정이 불가능한 경우), 또는 (ii) 고객이 다음 사건 중 한 경우에 해당될 경우입니다. 즉, 채무의 지급을 중지 또는 중지한다고 위협하거나 만기 시 채무를 지급할 수 없게 되었거나, 샌드빅의 의견에 본 계약에 따른 의무를 적절히 수행할 능력이 위험에 처하는 정도까지 고객의 재정 포지션이 악화되거나, 사외 (including any receiver, administrator, liquidator of any kind) or informs any person that it is, presumed to be, insolvent or if the Customer ceases or threatens to cease to carry on business or any guarantee or security given to Sandvik in relation to the Customer is revoked or unenforceable (“Insolvency Event”) then Sandvik may, at its sole discretion, upon written notice to the Customer: 관리자 또는 통제자(모든 종류의 파산 관재인, 관리인, 청산인 포함)가 지명되는 것과 관련된 일체의 조치를 취하거나, 고객이 지급 불능이거나 지급 불능으로 추정된다고 어떤 사람에게 알리거나, 또는 고객이 사업 유지를 중지 또는 중지하겠다고 위협하거나, 또는 고객과 관련하여 샌드빅에 제공된 일체의 보증 또는 담보가 취소되거나 집행 불가능할 경우(“지급 불능 사건”), 샌드빅은 고유 재량으로 고객에게 서면 통지를 하여 다음과 같이 할 수 있습니다.
16.1.1. Immediately withdraw any purchase or credit facilities which may have been extended to the Customer and require immediate payment of all moneys owed to Sandvik by the Customer, whether or not they were due for payment in the future; 16.
1.1. 고객에게 연장된 구매 또는 거래 신용을 철회하고, 향후 지급 만기인지의 여부를 불문하고 고객이 샌드빅에게 지불해🅓 할 모든 금액을 즉시 지급하도록 요구합니다.
16.1.2. Immediately suspend performance or terminate without penalty the Contract (including any license granted pursuant to Clause 10.3) in force between Sandvik and the Customer; 16.
1.2. 샌드빅과 고객 간에 발효 중인 계약(제 10.3 조에 따라 부여된 일체의 라이선스 포함)을 위약금 없이 즉시 실행 중지 또는 해지합니다.
Termination 16. 1 The Company may terminate the Executive's employment immediately by summary notice in writing without compensation (notwithstanding that the Company may have allowed any time to elapse or on a former occasion may have waived its rights under this clause) if he: 16.
1.1 commits, repeats or continues any material breach of any part of this Agreement or his obligations under it; 16.
1.2 in the performance of his duties under this Agreement commits any act of gross misconduct (including but not limited to an act of theft, embezzlement or misappropriation of Company funds) or gross negligence; 16.
1.3 engages in chronic substance abuse; 16.
1.4 is prosecuted for any serious criminal offence involving dishonesty, moral turpitude or violence, unless the offence is (a) dismissed on summary proceedings or (b) does not in the reasonable opinion of the Board affect his position under this Agreement; 16.
1.5 becomes prohibited by law from being a director of a company or if the Executive resigns from the Board without the consent or concurrence of the Board; or 16.
1.6 becomes incapacitated from performing all or any of his duties under this Agreement by illness or injury (physical or mental) for a period exceeding (in total) 26 weeks (or such longer period as the Company may agree) in any period of 12 months provided that at the Termination Date the Executive's entitlement to Company sick pay under clause 11.2 has been exhausted. 16.2 Without prejudice to clause 4.1 after notice of termination has been given by the Executive pursuant to clause 3.2 or if the Executive seeks to or indicates an intention to resign as a director of the Company or any Group Company or terminate his employment without notice, provided that the Executive continues to be paid and enjoys his full contractual benefits until his employment terminates in accordance with the terms of this Agreement, the Board may in its absolute discretion without breaking the terms of this Agreement or giving rise to any claim against the Company or any Group Company for all or part of the notice period required under clause 3.2:- (i) exclude the Executive from the premises of the Company and/or any Group Company; (ii) require him to carry out specified duties (consistent with the Executive's status, role and experience) for the Company or to carry out no duties; (iii) announce to employees, suppliers and customers and if appropriate to the relevant stock exchanges on which the Company's shares are listed that...
Termination 16. 4.1 Automatic Termination 16 4.2 Termination at Option of Offeror or Company 16 4.3 Effect of Termination 17 5.1 Joint Analyst and Media Presentation - Road Shows 17 5.2 Other Communications 17 7.1 Variation; Amendment 18 7.2 Fees and Expenses 18 7.3 Entire Agreement; No Third Party Beneficiaries. 18 7.4 Severability 19 7.5 Specific Performance 19 7.6 Governing law and Jurisdiction 19 This Tender Offer Agreement (this “Agreement”) is entered into as of October 24, 2013, by and between PROS HOLDINGS, Inc., a corporation organized and existing under the laws of Delaware, represented by ▇▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇, duly empowered for the purpose hereof (“Offeror”) and Cameleon Software, a société anonyme organized and existing under the laws of France, represented by ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, duly empowered for the purpose hereof (“Company”). Offeror and Company are each sometimes referred to individually as a “Party” and collectively as the “Parties”.
Termination 16. 1 Either party may terminate this Agreement upon written notice to the other party, in the event the other party shall commence, or there shall be commenced against the other party, any case, proceeding or other action (which shall not have been dismissed within 60 days of commencement) seeking to have an order for relief entered with respect to such party or to adjudicate such party as a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, liquidation, dissolution or composition under any Law relating to bankruptcy, insolvency, reorganization or relief of debtors or seeking appointment of a receiver, trustee, custodian or other similar fiduciary with respect to any part of such party's business or property or the other party makes a general assignment for the benefit of its creditors.
