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Termination 7 Sample Clauses

Termination 7. 01. If the Employee willfully breaches or habitually neglects his duties under this Agreement, the Employer may, at its option, elect to terminate this Agreement by causing a notice to be mailed to the Employee at his last known address stating the cause or causes of the termination and giving the Employee a period of fifteen days to cure the default resulting from such cause or causes. If at the end of the aforesaid fifteen day period the Employee has not cured the default resulting from such cause or causes, the Employer may terminate this Agreement immediately by mailing written notice to such effect to the Employee at his last known address and thereupon this Agreement shall immediately terminate, become null and void and be of no further force or effect. The remedy set forth in this Section 7.01 shall be without prejudice to any other remedy to which the Employer may be entitled at law, in equity, or under this Agreement.
Termination 7. 1 The Company may terminate this Agreement at any time upon the occurrence of any of the following events of default (each an “Event of Default”): (a) the Consultant’s commission of an act of fraud, theft or embezzlement or other similar willful misconduct; (b) the neglect or breach by the Consultant of his material obligations or agreements under this Agreement; or (c) the Consultant’s refusal to follow lawful directives of the President of the Company, provided that notice of the Event of Default has been delivered to the Consultant and provided the Consultant has failed to remedy the default within seven days of the date of delivery of notice of the Event of Default, if the default is of such a nature that it is capable of remedy.
Termination 7. 1 This Agreement shall terminate upon the earlier of (a) the thirtieth (30th) day after one party gives the other notice of a material breach by the other of any term of this Agreement, unless the breach is cured before that day, or (b) the thirtieth (30th) day after AVT gives Content Developer notice of its intention to terminate the Agreement. In the event of a material breach of this Agreement by Content Developer, AVT shall have the right to suspend payment of royalties from the time AVT notifies Content Developer of a breach until the time such breach is cured by Content Developer.
Termination 7. .01. If the Consultant willfully and materially breaches or habitually neglects his duties under this Agreement, Genisys may, at its option, elect to terminate this Agreement by causing a notice to be mailed to the Consultant at his last known address stating the cause or causes of the termination and giving the Consultant a period of thirty days to cure the default resulting from such cause or causes. If at the end of the aforesaid thirty day period the Consultant has not cured the default resulting from such cause or causes, Genisys may terminate this Agreement immediately by mailing written notice to such effect to the Consultant at his last known address and thereupon this Agreement shall immediately terminate, become null and void and be of no further force or effect. The remedy set forth in this Section 7.01 shall be without prejudice to any other remedy to which Genisys may be entitled at law, in equity, or under this Agreement.
Termination 7. 1 This Agreement shall terminate: (a) at the option of any party upon six month's advance written notice to the other parties; (b) at the option of the Company to the extent that shares of Portfolios are not reasonably available to meet the requirements of its Contracts or are not appropriate funding vehicles for the Contracts, as determined by the Company reasonably and in good faith. Prompt notice of the election to terminate for such cause and an explanation of such cause shall be furnished by the Company; (c) as provided in Article V; (d) at the option of the Fund or the Adviser upon institution of formal proceedings against the Company (or its parent) by the NASD, the SEC, the insurance commission of any state or any other regulatory body having jurisdiction over that party, which would have a material adverse effect on the Company's ability to perform its obligations under this Agreement; (e) at the option of the Company upon institution of formal proceedings against the Fund or the Adviser (or its parent) by the NASD, the SEC, or any state securities or insurance department or any other regulatory body having jurisdiction over that party, which would have a material adverse effect on the Adviser's or the Fund's ability to perform its obligations under this Agreement; (f) at the option of the Company or the Fund upon receipt of any necessary regulatory approvals or the vote of the Contract owners having an interest in the Account (or any subaccount) to substitute the shares of another investment company for the corresponding Portfolio shares of the Fund in accordance with the terms of the Contracts for which those Portfolio shares have been selected to serve as the underlying investment media. The Company will give 45 days prior written notice to the Fund of the date of any proposed vote or other action taken to replace the Fund's shares; (g) at the option of the Company or the Fund upon a determination by a majority of the Board, or a majority of the disinterested Board members, that an irreconcilable material conflict exists among the interests of (i) all Contract owners of variable insurance products of all separate accounts or (ii) the interests of the Participating Insurance Companies investing in the Fund as delineated in Article VII of this Agreement; (h) at the option of the Company if the Fund ceases to qualify as a Regulated Investment Company under Subchapter M of the Code, or under any successor or similar provision, or if the Company rea...
Termination 7. 1 Notwithstanding the commitment of the Authorities and the SDNPA to co-operate for the purpose of delivering the Planning Services within the South Downs National Park area after 1st April 2011, should it become necessary for a party hereto to terminate this Agreement that party, prior to terminating their interest in the agreement, shall take reasonable steps to consult with the other parties in order to avoid termination where reasonably practicable.
Termination 7. Notwithstanding SubParagraph 7.1.1 of this Annex B, this Annex B may be terminated on the following terms The number of these clauses can be extended as far as necessary. Paragraph 8. Aircraft Maintenance Services 8.1 “Notwithstanding the second sentence of SubArticle 5.1. of the Main Agreement insofar as it refers to Services of Section 8 of Annex A. In the absence of Technical instructions from the Carrier, the Handling Company shall promptly seek Technical Instructions from the Carrier but shall take no action pending receipt of such Technical Instructions. The Handling Company will not be held responsible for any flight delay resulting from lack of Technical Instructions from the Carrier”.
Termination 7. Add "satisfactory and unassisted." All existing conditions ---------------------------- shall be grandfathered, i.e., tariff shall apply only to services established after effective date of tariff.