Termination and Assignment of this Agreement shall be as follows Sample Clauses

Termination and Assignment of this Agreement shall be as follows. (a) Lender may terminate this Agreement by providing notice substantially in the form of Attachment I ("Termination Notice") to Company and Bank that all of Company's obligations to Lender are paid in full. Lender may assign this Agreement. Bank may terminate this Agreement upon 60 days prior written notice to Company and Lender. Company may terminate this Agreement upon not less than 15 days prior written notice to Lender and Bank.
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Termination and Assignment of this Agreement shall be as follows. (a) Agent may terminate this Agreement by providing notice to Company and Bank that the Transaction Lien has been terminated in accordance with the Financing Arrangements. Agent may also terminate or it may assign this Agreement upon 30 day’s prior written notice to Company and Bank, provided, however that any such assignment shall only be to an affiliate or wholly-owned subsidiary of Agent. Bank may terminate this Agreement upon 30 days’ prior written notice to Company and Agent. Company may not terminate this Agreement except with the written consent of Agent and upon prior written notice to Bank.
Termination and Assignment of this Agreement shall be as follows. (a) Administrative Agent may terminate this Agreement by providing notice substantially in the form of Attachment I (“Termination Notice”) to Company, SPV and Bank that all of Company’s obligations which are secured by Checks and the Account are paid in full. Administrative Agent may also terminate or it may assign this Agreement upon 30 days’ prior written notice to Company, SPV and Bank. Bank may terminate this Agreement upon 30 days’ prior written notice to Company, SPV and Administrative Agent. Company may not terminate this Agreement except with the written consent of Administrative Agent and upon prior written notice to Bank.

Related to Termination and Assignment of this Agreement shall be as follows

  • Termination of the Agreement In the event of failure by the participant to perform any of the obligations arising from the agreement, and regardless of the consequences provided for under the applicable law, the institution is legally entitled to terminate or cancel the agreement without any further legal formality where no action is taken by the participant within one month of receiving notification by registered letter. If the participant terminates the agreement before its agreement ends or if he/she fails to follow the agreement in accordance with the rules, he/she shall have to refund the amount of the grant already paid, except if agreed differently with the sending organisation. In case of termination by the participant due to "force majeure", i.e. an unforeseeable exceptional situation or event beyond the participant's control and not attributable to error or negligence on his/her part, the participant shall be entitled to receive at least the amount of the grant corresponding to the actual duration of the mobility period. Any remaining funds shall have to be refunded, except if agreed differently with the sending organisation.

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