TERMINATION AND BREACH OF CONTRACT Sample Clauses

TERMINATION AND BREACH OF CONTRACT. 4.1. This contract will terminate due to breach by the customer or LLB SOLUTIONS of its obligations established in this contract, provided that said breach is not remedied within thirty (30) calendar days, following the date on which the affected party notifies the other the existence of such non-compliance and describe it clearly and in detail. 4.2. This contract will terminate immediately in the event of breach by THE customer of clause 3 of this Contract.
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TERMINATION AND BREACH OF CONTRACT. The subscription period for this contract is 12 months. Until The Famly Agreement is terminated or discontinued by one of the parties, the subscription period will be renewed automatically, and The Famly Agreement will continue. The Customer may terminate The Famly Agreement by giving at least a 1-month notice before the end of a subscription period. Such termination will take effect at the end of the relevant subscription period. Famly can terminate the Famly Agreement by written notification with a three-month’s notice, unless other arrangements have been made between the parties. Such termination will take effect at the end of the relevant subscription period. Famly may terminate The Famly Agreement: (i) in respect of a breach of the payment obligations set out in Section 8, by providing The Customer with 14 days' written notice and the opportunity to remedy the breach in such period; or (ii) in respect of any other material breach of any term of The Famly Agreement, by providing The Customer with 30 days' written notice and (where such breach is capable of remedy) the opportunity to remedy the breach in such period. In each case termination will take effect on the expiry of the relevant notice period.
Sample 1
TERMINATION AND BREACH OF CONTRACT. 11.1 Unless otherwise provided in this Agreement, this Agreement shall become effective from the Initial Closing and shall be terminated with respect to a Party upon such Party ceasing to hold any Shares in the Company. 11.2 Notwithstanding anything contained in this Agreement or the Additional Agreements: 11.2.1 In the event there is a breach by the Purchaser of any of the Material Provisions, then (a) the Seller shall have affirmative vote rights with respect to the matters under Part B of Clause 2.17 and (b) the Seller shall have an unfettered right to transfer, sell, dispose, and/or create Encumbrances on all or any of the Company Shares held by it; 11.2.2 In the event that the Purchaser defaults / fails: (i) to purchase the Additional Company Shares (or any part thereof), (ii) to make the infusion of primary investment or loan of USD 38,000,000 (thirty eight million Dollars) in the Company, (iii) to ensure that the Company repays the Existing Inter-Company Loans, in each case, in accordance with the time periods mentioned in the SPA (including Section 2.1), for any reason whatsoever (including on account of delay or failure in obtaining any approval from any Authority or non-fulfilment of any other condition mentioned in this Agreement and the Additional Agreements), the following consequences shall follow, without prejudice to the other rights and remedies of the Seller provided for under this Agreement and the Additional Agreements: (a) the Seller shall have the right to seek specific performance and in the event that such specific performance is not enforceable or available under any provision of the Applicable Law, the Purchaser shall be liable to pay Damages to the Seller on account of the default / breach committed by the Purchaser; (b) the Seller shall have an unfettered right to transfer, sell, dispose, and / or create Encumbrances on all or any of the Company Shares held by it; (c) the Seller shall have affirmative vote rights with respect to the matters under Part C of Clause 2.17; (d) if any default as stipulated under this Clause 11.2.2 has not been cured by the Purchaser within a period of 18 (eighteen) months of the Initial Closing Date, the Seller shall have the right to appoint majority of the directors on the Board of the Company upon completion of such 18 (eighteen) month period, provided that the Purchaser shall continue to have the right to nominate 1 (one) director or observer on the Board of the Company, as long as the Purchaser ...
Sample 1
TERMINATION AND BREACH OF CONTRACT. 12.1. Unless otherwise provided in this Agreement, this Agreement shall become effective from the date of this Agreement and can be terminated prior to Long Stop Date, in accordance with Clause 3.6 above or prior to Closing Date by mutual agreement between the Parties. 12.2. If an Event of Default occurs on or before the Closing Date, the Angel Investors shall have the right to forthwith terminate this Agreement, by a notice in writing to all Parties and this Agreement shall immediately cease to have effect. 12.3. Any termination of this Agreement shall not affect or prejudice the rights and/or obligations of any Party which have accrued or been incurred prior to such termination and such termination shall be without prejudice to any claim or rights of action, including but not limited to the right to seek damages, previously accrued to any Party hereto against the other Party.
Sample 1
TERMINATION AND BREACH OF CONTRACT. 7.1 If one Party violates the relevant terms of this agreement and fails to correct it within ten (10) working days after receiving written notice from the other Party, the non-breaching Party may terminate the research activities in advance. This clause does not prevent the non-breaching Party from taking other remedial measures in accordance with the law.
Sample 1

Related to TERMINATION AND BREACH OF CONTRACT

  • Breach of Agreement Failure by the party to comply with or perform any agreement or obligation (other than an obligation to make any payment under this Agreement or delivery under Section 2(a)(i) or 2(e) or to give notice of a Termination Event or any agreement or obligation under Section 4(a)(i), 4(a)(iii) or 4(d)) to be complied with or performed by the party in accordance with this Agreement if such failure is not remedied on or before the thirtieth day after notice of such failure is given to the party;

  • NO BREACH OF CONTRACT The Executive hereby represents to the Company that: (i) the execution and delivery of this Agreement by the Executive and the performance by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which the Executive is a party or otherwise bound, except for agreements entered into by and between the Executive and any member of the Group pursuant to applicable law, if any; (ii) that the Executive has no information (including, without limitation, confidential information and trade secrets) relating to any other person or entity which would prevent, or be violated by, the Executive entering into this Agreement or carrying out his duties hereunder; (iii) that the Executive is not bound by any confidentiality, trade secret or similar agreement (other than this) with any other person or entity except for other member(s) of the Group, as the case may be.

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