Termination and Closure Sample Clauses
The 'Termination and closure' clause defines the conditions and procedures under which an agreement or contract can be ended by either party. It typically outlines the required notice periods, acceptable reasons for termination, and any obligations that must be fulfilled before or after the contract ends, such as final payments or the return of confidential information. This clause ensures both parties understand how and when the contractual relationship can be formally concluded, thereby reducing uncertainty and potential disputes regarding the end of the agreement.
Termination and Closure. Upon notice by one party hereunder to the other of the termination of this Coinbase PBA or the termination of a service provided hereunder or closure of an Account pursuant to 18.1, Client shall withdraw affected Client Assets (“Affected Assets”) within thirty (30) days following such notice to the extent not prohibited under applicable law, including applicable AML and Sanctions Laws and Regulations, or by a facially valid subpoena, court order, or binding order of a government authority. Client agrees that failure to do so within that thirty (30) day period may result in Client Assets being transferred to Client’s linked bank account or Digital Asset wallet on file. Client is liable to pay fees until all Client Assets are removed. However, the relevant Coinbase Entities will provide no services other than continuing to maintain Affected Assets following termination or closure. Notwithstanding anything provided herein to the contrary, the relevant Coinbase Entities may retain sufficient Client Assets to close out or complete any transaction that was in process prior to such termination or to satisfy any remaining obligations or indebtedness. Client is responsible for all fees, debits, costs, commissions, and losses arising from any actions a Coinbase Entity must take to liquidate or close transactions.
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.
Termination and Closure. This Memorandum will terminate six months after the End Date unless terminated earlier in accordance with the provisions below. The Partner will return any unspent funds remaining at the End Date within 30 days of receiving a Sales Invoice from DFID, unless otherwise agreed by DFID in writing. At any time when returning funds, the Partner must quote the relevant Sales Invoice reference number. If DFID is concerned that the provisions of this Memorandum have not been fulfilled by the Partner, or if any activities occur which will significantly impair the implementation or development value of the activities to which this Memorandum relates, DFID will discuss its concerns with the Partner in an attempt to resolve any issues. Following such negotiation, this Memorandum may be amended or terminated in accordance with the relevant provisions in this Memorandum. This Memorandum 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 Memorandum 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 Memorandum or other contractual requirements, DFID may terminate this Memorandum 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 Memorandum if any of the following occur: The Partner directly or through its Downstream Partner(s) either repeatedly fails to comply with, or is in material breach of, any of the provisions of this Memorandum or any other DFID arrangement or contract whether currently or previously in place; The Partner, or any Downstream Partner, at any time during this Memorandum 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 Memorandum or any part, share or interest therein; There is a change in identity or character of the Partner (such assessment to be m...
Termination and Closure of the joint signatory account
Termination and Closure. Clients may decide to terminate services at any time.
Termination and Closure. Termination of this Easement shall be subject to the terms of Articles 4 (Term; Renewal) and 6 (Termination) of the Water Supply Agreement, and Joliet shall have the right to terminate this Easement at any time. Disposition of the Joliet New Water Supply Infrastructure on the Easement Area upon termination shall be in accordance with Article 7 (Disposition of Joliet New Water Supply Infrastructure) of the Water Supply Agreement.