Termination and Consequences Thereof Sample Clauses

Termination and Consequences Thereof. 8.1 Regular Term This Agreement enters into force upon signing of all par- ties and shall last until (date to be agreed between the NSA and Organiser). The Organiser and the NSA remain fully liable for the fulfilment of their duties (especially the financial duties) as set out in this Agreement also after the termination date.
Sample 1Sample 2Sample 3See All (9)
AutoNDA by SimpleDocs
Termination and Consequences Thereof. 245.1 Regular Term This Agreement enters into force upon signing of all parties and shall last until thirty (30) days after the last day of the Event. The Organiser and the NSA re- main fully liable for the fulfilment of their duties (especially the financial duties) as set out in this Agreement also after the termination date.
Sample 1
Termination and Consequences Thereof. 2451 Regular Term
Sample 1
Termination and Consequences Thereof i. The agreement will stand terminated by BARC in the event the Subscriber: a. files for bankruptcy or protection from its creditors or has a petition filed against it which has been admitted by a Court; or b. breaches any provision of this Agreement and/or the Code of Conduct, policies and/or violates Applicable Laws and/or breaches Subscriber’s representations and warranties made anywhere in this Agreement, or at any time fails, neglects or refuses to fulfill any of its obligations hereunder; or c. fails to provide the advertising revenue details; or d. Commits an act, which, brings BARC into public disrepute, contempt, scandal or ridicule; or e. Fails to or refuses to adhere to the decisions of the Disciplinary Committee; or f. Fails to make timely payment of the License Fee under the SOW and fails to cure such breach within 15 (fifteen) days of being notified by BARC of such breach in writing. ii. BARC shall be entitled to terminate this Agreement without assigning any specific reason, pursuant to a written notice of 90 (ninety) days to the Subscriber. iii. In the event of the breaches as set out in this Agreement: a. BARC shall have the right to disallow the Subscriber’s access to the Licensed Data and Licensed Software and lock the Login and Remote Login. b. BARC shall delete/uninstall the Licensed Software from all the terminals of Subscriber. c. The License Fee paid till the date of termination shall be evaluated and Subscriber shall be required to pay the due amounts, if any, payable to BARC, within 30 days along with applicable interest at set out in the SOW, except where termination is due to reasons attributable to BARC. However, in the event that the License Fee paid to BARC is in excess of the amount of License Fee actually payable, BARC shall within 30 days refund such excess amount to Subscriber. d. If Subscriber wishes to continue to use the Licensed Software then it shall be liable to pay the annual License Fee for the usage and maintenance of the Licensed Software. However, such license to use the Licensed Software shall not entitle Subscriber to access the Licensed Data generated by BARC. The License Fee for License Software shall be mutually agreed between the Parties, which shall be payable in advance. e. Subscriber shall be required to pay all the amounts due to BARC immediately, alongwith applicable interest. f. In the event of termination of this Agreement due to the decision of the Disciplinary Committee, then in addition to the o...
Sample 1
Termination and Consequences Thereof 
Sample 1Sample 2Sample 3See All (60)

Related to Termination and Consequences Thereof

  • Limitation of Vendor Indemnification and Similar Clauses This is a requirement of the TIPS Contract and is non-negotiable TIPS, a department of Region 8 Education Service Center, a political subdivision, and local government entity of the State of Texas, is prohibited from indemnifying third-parties (pursuant to the Article 3, Section 52 of the Texas Constitution) except as otherwise specifically provided for by law or as ordered by a court of competent jurisdiction. Article 3, Section 52 of the Texas Constitution states that "no debt shall be created by or on behalf of the State … " and the Texas Attorney General has opined that a contractually imposed obligation of indemnity creates a "debt" in the constitutional sense. Tex. Att'y Gen. Op. No. MW-475 (1982). Thus, contract clauses which require TIPS to indemnify Vendor, pay liquidated damages, pay attorney's fees, waive Vendor's liability, or waive any applicable statute of limitations must be deleted or qualified with ''to the extent permitted by the Constitution and Laws of the State of Texas." Does Vendor agree? Yes, I Agree TIPS, a department of Region 8 Education Service Center, a political subdivision, and local government entity of the State of Texas, does not agree to binding arbitration as a remedy to dispute and no such provision shall be permitted in this Agreement with TIPS. Vendor agrees that any claim arising out of or related to this Agreement, except those specifically and expressly waived or negotiated within this Agreement, may be subject to non-binding mediation at the request of either party to be conducted by a mutually agreed upon mediator as prerequisite to the filing of any lawsuit arising out of or related to this Agreement. Mediation shall be held in either Camp or Titus County, Texas. Agreements reached in mediation will be subject to the approval by the Region 8 ESC's Board of Directors, authorized signature of the Parties if approved by the Board of Directors, and, once approved by the Board of Directors and properly signed, shall thereafter be enforceable as provided by the laws of the State of Texas. Does Vendor agree? Yes, Vendor agrees Does Vendor agree? Yes, Vendor agrees Vendor agrees that nothing in this Agreement shall be construed as a waiver of sovereign or government immunity; nor constitute or be construed as a waiver of any of the privileges, rights, defenses, remedies, or immunities available to Region 8 Education Service Center or its TIPS Department. The failure to enforce, or any delay in the enforcement, of any privileges, rights, defenses, remedies, or immunities available to Region 8 Education Service Center or its TIPS Department under this Agreement or under applicable law shall not constitute a waiver of such privileges, rights, defenses, remedies, or immunities or be considered as a basis for estoppel. Does Vendor agree? Yes, Vendor agrees Vendor agrees that TIPS and TIPS Members shall not be liable for interest or late-payment fees on past-due balances at a rate higher than permitted by the laws or regulations of the jurisdiction of the TIPS Member. Funding-Out Clause: Vendor agrees to abide by the applicable laws and regulations, including but not limited to Texas Local Government Code § 271.903, or any other statutory or regulatory limitation of the jurisdiction of any TIPS Member, which requires that contracts approved by TIPS or a TIPS Member are subject to the budgeting and appropriation of currently available funds by the entity or its governing body.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!