Termination and closure Sample Clauses

Termination and closure. 81. To allow for final payments, this Arrangement will terminate six months after the Project End Date unless terminated earlier in accordance with the provisions in this Arrangement.
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Termination and closure. To allow for final payments, this Arrangement will terminate six months after the Project End Date unless terminated earlier in accordance with the provisions in this Arrangement. If DFID is concerned that the provisions of this Arrangement have not been fulfilled by the Partner, or if any activities occur which will significantly impair the implementation or development value of the project, DFID will discuss its concerns with the Partner in an attempt to resolve any issues. Following such negotiation, this Arrangement may be amended or terminated in accordance with the relevant provisions in this Arrangement. This Arrangement can be terminated at any time by three months’ written notice by either Participant. All unspent funds other than those irrevocably committed in good faith before receipt of a written notice of termination, in line with this Arrangement and approved between the Participants as being required to finalise activities, will be returned to DFID within 30 days of the date of receipt of a written notice of termination. At any time when returning funds, the Partner must quote the relevant Sales Invoice reference number. Notwithstanding any provisions in this Arrangement or other contractual requirements, DFID may terminate this Arrangement with immediate effect, in preference to the standard notice period, and at its discretion may recover all or part of the funds paid under this Arrangement if any of the following occur: The Partner directly or through its Downstream Partners either repeatedly fails to comply with, or is in material breach of, any of the provisions of this Arrangement or any other DFID arrangement or contract whether currently or previously in place; The Partner, or any Downstream Partner, at any time during this Arrangement goes into liquidation, administration or other similar process, is dissolved or enters into any arrangements with its creditors; The Partner or any Downstream Partner, without the prior consent of DFID in writing, assigns or transfers, or purports to assign or transfer, or causes to be assigned or transferred, any interest in this Arrangement or any part, share or interest therein; There is a change in identity or character of the Partner (such assessment to be made at DFID’s sole discretion) or that of any Downstream Partner including, but not limited to, through the take-over, merger, change of ownership or control; In the event that the project ceases to be pursued for any reason other than by way o...
Termination and closure of the joint signatory account The joint signatory account may be terminated at any time by letter sent to the Bank by any of the joint account holders. Termination will take effect on the first business day following receipt of such letter by the Bank. The Bank will inform all other joint account holders of the termination. Each joint account holder may, without the consent of the other joint account holders, withdraw from the account, which will then automatically be transformed into an account held in the name(s) of the other joint account holder(s). The withdrawing joint account holder may only obtain their share of the credit balance on the joint signatory account with the agreement of all other joint account holders. On the other hand, the joint signatory account shall be closed only upon a written request signed jointly by all joint accoun t holders also giving their joint instructions as to the transfer of any assets held on the account. In any case, funds may only be withdrawn with the joint signature of all joint account holders. Moreover, a joint account holder who has terminated the joint signatory account remains jointly and severally liable with the other joint account holders for the debit balance on the account as at the first business day following the date of receipt of the termination letter by the Bank, as well as undertakings arising out of transactions in progress at that date.
Termination and closure. Clients may decide to terminate services at any time. After a period of stability the care coordinator and client will collaboratively make a transition plan based on the assessment. Transition options are: maintenance mode, general case management, and referral case management. Services may be suspended or terminated for disruptive behavior according to PHNTX Disruptive Behavior policy.
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