Termination 2 Sample Clauses

Termination 2. 6.1 BY THEULB Save as otherwise provided in this Concession Agreement, in the event that any of the defaults specified below shall have occurred, and the Concessionaire/Agency fails to cure the default within the Cure Period set forth below, or where no Cure Period is specified, then within a Cure Period of 60 (sixty) days, the Concessionaire/Agency shall be deemed to be in default of this Concession Agreement (a “Concessionaire/Agency Default”), unless the default has occurred solely as a result of any breach of this Concession Agreement by the ULB or due to Force Majeure. In case of occurrence of the below mentioned Concessionaire/Agency Default, the ULB/Authority shall be entitled to take action for termination as per this clause or issue suspension notice in accordance with clause GC 2.7. The defaults referred to herein shall include: a) the Performance Security has been encashed and appropriated and the Concessionaire/Agency fails to replenish or provide fresh Performance Security within a Cure Period of 30 (thirty) days; b) failure to achieve completion of setting up of Bio- Mining & Fresh MSW Processing Facilities and within the Stipulated Date of Completion of the Processing Facilities, including any extension of time granted hereof; c) failure to achieve completion of Reclamation and Remediation Works & Fresh MSW Processing Works within the Stipulated Date of Completion including any extension of time granted hereof; d) failure to achieve the completion of the Project as per provision of this Concession Agreement; e) subsequent to the replenishment or furnishing of fresh Performance Security, the Concessionaire/Agency fails to cure, within a Cure Period of 15 (fifteen) days, the Concessionaire/Agency Default for which whole or part of the Performance Security was initially appropriated; f) The Concessionaire/Agency is in material breach of its obligations and / or scope of work as laid down in this Concession Agreement; g) the Concessionaire abandons or manifests intention to abandon the Works and/ or operation & maintenance of the project processing facilities without the prior written consent of the Authority; h) the Concessionaire/Agency is adjudged bankrupt or insolvent; i) if any receiver, liquidator, trustee or administrator or similar official has been appointed for Concessionaire/Agency or winding up, insolvency or dissolution proceedings in respect of Concessionaire/Agency have been initiated; j) the Concessionaire/Agency has been, or is ...
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Termination 2. 6.1 By the Client The Client may terminate this Contract in case of the occurrence of any of the events specified in paragraphs (a) through (f) of this Clause GC 2.6.1. In such an occurrence the Client shall give not less than thirty (30) days’ written notice of termination to the Consultant, and sixty (60) days’ in the case of the event referred to in (e). (a) If the Consultant does not remedy a failure in the performance of their obligations under the Contract, within thirty (30) days after being notified or within any further period as the Client may have subsequently approved in writing. (b) If the Consultant becomes insolvent or bankrupt. (c) If the Consultant, in the judgment of the Client has engaged in corrupt or fraudulent practices in competing for or in executing the Contract. (d) If, as the result of Force Majeure, the Consultant are unable to perform a material portion of the Services for a period of not less than sixty (60) days. (e) If the Client, in its sole discretion and for any reason whatsoever, decides to terminate this Contract. (f) If the Consultant fails to comply with any final decision reached as a result of arbitration proceedings pursuant to Clause GC 8 hereof.
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Termination 2. 9.1 By the procuring entity The procuring entity may terminate this Contract in case of the occurrence of any of the events specified in paragraphs (a) to (h) of this Clause GCC 2.9.1. In such an occurrence the procuring entity shall give a not less than thirty (30) days’ written notice of termination to the consultants, and sixty (60) days’ in case of the event referred to in (g). (a) If the consultant fails to remedy a failure in the performance of its obligations hereunder, as specified in a notice of suspension pursuant to Clause GCC 2.8 hereinabove, within thirty (30) days of receipt of such notice of suspension or within such further period as the procuring entity may have subsequently approved in writing. (b) If the consultant becomes (or, if the consultant consists of more than one entity, if any of its Members becomes) insolvent or bankrupt or enter into any agreements with their creditors for relief of debt or take advantage of any law for the benefit of debtors or go into liquidation or receivership whether compulsory or voluntary. (c) If the consultant fails to comply with any final decision reached as a result of arbitration proceedings pursuant to Clause GCC 8 hereof. (d) If the consultant, in the judgment of the procuring entity, has engaged in corrupt or fraudulent practices in competing for or in executing this Contract. (e) If the consultant submits to the procuring entity a false statement which has a material effect on the rights, obligations or interests of the procuring entity. (f) If, as the result of Force Majeure, the consultant is unable to perform a material portion of the Services for a period of not less than sixty (60) days. (g) If the procuring entity, in its sole discretion and for any reason whatsoever, decides to terminate this Contract. (h) conviction of the consultant of any offence that is viewed by the procuring entity to be serious. 2.9.2 By the Consultant The consultant may terminate this Contract, by not less than thirty (30) days’ written notice to the procuring entity, in case of the occurrence of any of the events specified in paragraphs (a) through (d) of this Clause GCC 2.9.2. (a) If the procuring entity fails to pay any money due to the consultant pursuant to this Contract and not subject to dispute pursuant to Clause GCC 8 hereof within forty-five (45) days after receiving written notice from the consultant that such payment is overdue. (b) If, as the result of Force Majeure, the consultant is unable to perfo...
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Termination 2. Kündigung
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Termination 2 
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Related to Termination 2

  • Agreement Termination In the event Contractor is unable to fulfill its responsibilities under this Agreement for any reason whatsoever, including circumstances beyond its control, County may terminate this Agreement in whole or in part in the same manner as for breach hereof.

  • Termination for Cause; Voluntary Termination If at any time during the Term the Executive’s employment with the Company is terminated pursuant to Section 4.6 or 4.7, the Executive shall be entitled to only the following:

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Expiration/Termination The term of this Agreement will commence on the Effective Date and expire at the end of the period specified in the “Term” Section of the Business Terms Exhibit, unless sooner terminated pursuant to the provisions of this Section 9 or extended by mutual written agreement of the parties (the “Term”). The Company may terminate this Agreement at any time with or without cause upon not less than ten (10) days’ prior written notice to Consultant. Consultant may terminate this Agreement at any time with or without cause upon not less than sixty (60) days’ prior written notice to the Company. Any expiration or termination of this Agreement shall be without prejudice to any obligation of either party that has accrued prior to the effective date of expiration or termination. Upon expiration or termination of this Agreement, neither Consultant nor the Company will have any further obligations under this Agreement, except that (a) Consultant will terminate all Consulting Services in progress in an orderly manner as soon as practicable and in accordance with a schedule agreed to by the Company, unless the Company specifies in the notice of termination that Consulting Services in progress should be completed; (b) Consultant will deliver to the Company all Work Product made through expiration or termination; (c) the Company will pay Consultant any monies due and owing Consultant, up to the time of termination or expiration, for Consulting Services properly performed and all authorized expenses actually incurred; (d) Consultant will immediately return to the Company all Company Materials and other Confidential Information and copies thereof provided to Consultant under this Agreement; and (e) the terms, conditions and obligations under Sections 3 (last sentence), 4, 5, 6, 7, 8, 9, and 10 and the EU Data Privacy Exhibit will survive expiration or termination of this Agreement.

  • Voluntary Termination; Termination for Cause If Executive’s employment with the Company terminates voluntarily by Executive or for “Cause” by the Company, then (i) all vesting of the Option will terminate immediately and all payments of compensation by the Company to Executive hereunder will terminate immediately (except as to amounts already earned), and (ii) Executive will only be eligible for severance benefits in accordance with the Company’s established policies as then in effect.

  • Termination for Cause If Vendor fails to materially perform pursuant to the terms of this Agreement, TIPS shall provide written notice to Vendor specifying the default. If Vendor does not cure such default within thirty (30) days, TIPS may terminate this Agreement, in whole or in part, for cause. If TIPS terminates this Agreement for cause, and it is later determined that the termination for cause was wrongful, the termination shall automatically be converted to and treated as a termination for convenience.

  • Automatic Termination This Agreement shall automatically and immediately terminate in the event of its “assignment” (as defined in the 1940 Act).

  • 1Termination This Agreement may be terminated by any Purchaser, as to such Purchaser’s obligations hereunder only and without any effect whatsoever on the obligations between the Company and the other Purchasers, by written notice to the other parties, if the Closing has not been consummated on or before the fifth (5th) Trading Day following the date hereof; provided, however, that no such termination will affect the right of any party to xxx for any breach by any other party (or parties).

  • Termination for Cause or Voluntary Termination If the Executive’s employment terminates pursuant to Section 6(c) [For Cause] or Section 6(f) [Voluntary Termination], the Executive shall be entitled to receive only the salary, annual bonuses, expense reimbursements, benefits and accrued vacation days earned by the Executive pursuant to Section 4 through the date of the Executive’s termination of employment. Annual bonuses are not earned until the date any such bonus is paid in accordance with the terms of the applicable bonus plan. As such, the Executive shall not be entitled to any bonus not paid prior to the date of the Executive’s termination of employment, and the Executive shall not be entitled to any prorated bonus payment for the year in which the Executive’s employment terminates. Any stock options granted to the Executive by the Company shall continue to vest only through the date on which the Executive’s employment terminates, and unless otherwise provided by their terms, any restricted stock, performance share awards or other equity awards that were granted to the Executive by the Company that remain unvested as of the date on which the Executive’s employment terminates shall automatically be forfeited and the Executive shall have no further rights with respect to such awards. The Company shall have no further obligations to the Executive as a result of termination of employment described in this Section 8(b) except as set forth in Section 12.

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