Termination and Dissolution. 8.1 Party B represents and warrants that it has terminated its employment with his former employer, if applicable, when signing this Contract.
8.2 This Contract may only be amended upon written agreement of both Parties.
8.3 On the Expiration Date, this Contract shall be automatically renewed for an additional term of 3 years, unless either Party notifies the other Party of its decision not to renew this Contract.
8.4 This Contract may be terminated, dissolved or renewed by either Party pursuant to the Labor Law of the People’s Republic of China and other applicable government rules and regulations.
8.5 If Party A terminates the Contract in violation of the provisions herein, then Party A shall be liable for any losses incurred by Party B pursuant to the provisions of Labor Law of the People’s Republic of China.
8.6 Upon dissolution or termination of this Contract by the Parties for any reason, Party B shall immediately cease all activities conducted in the name of Party A, complete outstanding business as per Party A’s requests, settle all accounts, carry out any work-related transitions, and return all Party A’s properties, including but not limited to:
(a) all documents and files with respect to Party A, Party A’s management, operation and products and the copies thereof, which are maintained, used or controlled by Party B;
(b) name lists and information relating to Party A’s suppliers, clients and other business contacts;
(c) software, disks, hardware and CDs containing Party A’s data and information; and
(d) instruments, uniforms, apparatuses, equipment and other office appliances, etc., which have been provided to Party B by Party A for work purposes.
8.7 Upon dissolution or termination of this Contract, any indemnification liabilities borne by Party A shall be paid to Party B upon completion of the work-related transitions and other obligations under Article 8.6.
8.8 Upon dissolution or termination of this Contract, Party A shall issue labor contract termination certificate evidencing such termination. In addition, Party A shall also arrange transfers of Party B’s social insurance and welfare documentation in accordance with applicable laws and procedures.
Termination and Dissolution of the contract
1) Within one month before the contract expires, Party B will notify Party A if it intends to extend the lease. In this situation, two parties will discuss matters over the extension. Under the same terms Party B has the priority to lease the premises.
2) When the lease term expires, Party B will return the premises and attached facilities to Party A with in days. Any belongings left in it without Party A’s previous understanding will be deemed to be abandoned by Party B. In this situation, Party A has the right to dispose of it and Party A will raise no objection. This contract will be effective after being signed by both parties. Any party has no right to terminate this contract without another party’s agreement. Anything not covered in this contract will be discussed separately by both parties.
Termination and Dissolution. 12.1 XXXXX is authorized to dissolve the Agreement with immediate effect without judicial intervention and without requiring a notice of default, and XXXXX and the Acquirer shall be entitled to deactivate the 2PAYNOW® app without compensation to the Merchant if:
a. Merchant does not, or does not promptly or properly comply to its obligations imposed on him under the Agreement, including, but not limited to, compliance with imposed (additional) preventive measures to prevent fraud and/or ensure integrity of the payment system, also including, but not limited to, the Regulations;
b. Merchant has filed for bankruptcy;
c. A moratorium of payment has been granted to the Merchant;
d. a debt restructuring arrangement has been declared concerning the Merchant;
Termination and Dissolution. As soon as practicable after the Closing Date, WMVT shall make all filings and take all other necessary steps to effect the complete dissolution of the Acquired Fund, and after the dissolution of all the Acquired Funds, to effect its complete dissolution and to terminate its registration under the 1940 Act.
Termination and Dissolution of the tenancy agreement
Termination and Dissolution. Section 7.01.
Termination and Dissolution. 28.1 The client is entitled at all times to terminate the contract prematurely by means of a written notice to the supplier, provided this is accompanied by reasons. Immediately after receipt of the written notice, the supplier will cease activities in the implementation of the agreement. The client and the supplier will then consult with each other regarding the consequences of such termination.
28.2 The supplier is legally in default and the client is entitled to declare the agreement fully or partially dissolved without any notice of default or legal intervention being required, notwithstanding its right to compensation, in the following cases:
a. if the supplier fails to meet one or more of its contractual obligations or fails to meet them promptly after being served notice of default;
b. if the supplier petitions for bankruptcy or applies for a moratorium on payments, or is placed in receivership under a statutory provision;
c. if the supplier is declared bankrupt or is granted a moratorium on payments or the client can reasonably expect that supplier will be in that situation on short notice.
d. if one or more items of property of the supplier are placed under administration;
e. if the supplier transfers all or part of its business or control over it, winds up its business or halts operations entirely or in part, or business operations are otherwise ceased;
f. if a prejudgement or executory seizure is placed on all or some of the goods of the supplier.
28.3 Notwithstanding the provisions of the previous paragraph, the client is entitled to claim compensation in addition to the dissolution of the agreement.
28.4 If the client exercises the right referred to in the previous paragraphs, the supplier will be notified in writing of the dissolution of the agreement and the reasons for it.
28.5 In the case of (partial) dissolution, notwithstanding its rights to compensation for damage and costs the client is entitled at its discretion:
a. to return the goods already delivered but no longer (to be) used to the supplier at the latter’s expense and to claim a refund of payments already made for these goods or to set them off against amounts due. The supplier will be obliged to refund immediately to the client the payments already made in respect of the agreement after deducting the value of the goods retained by the client;
b. to refuse the goods still offered for delivery without incurring any (creditor’s) default as a consequence;
c. to complete the implemen...
Termination and Dissolution. This agreement shall terminate or expire as follows:
6.1 This agreement may be terminated by either party upon the provision of one hundred and eighty (180) calendar days’ notice. A final reconciliation of costs, payment, and a current report of completed activities shall be completed by the City within such period following the notice by either party.
6.2 Unless earlier terminated by either party, this agreement shall expire on the date when the Seattle Park District is dissolved in accordance with provisions of chapter 35.61 RCW, as the same exists or is hereafter amended. Upon dissolution of the Seattle Park District, it is the intent of the parties that all assets be turned over to the City.
Termination and Dissolution. 11.1 This Agreement shall terminate on such date as shall be agreed by all Local London Members.
11.2 In the event of termination a final account will be drawn up detailing the costs and liabilities arising from such termination. Such costs and liabilities shall include any staffing costs, redundancies and the cost of terminating any formal arrangements entered into.
11.3 Any net costs after deduction of any income or Annual Contributions remaining will be shared equally between the Local London Members.
11.4 In the event of one or more of the Local London Members wishing to withdraw from this Agreement, but where the LLPP effectively continues then the withdrawing Local London Member[s] will contribute equally between themselves the net cost of their withdrawal. This will include any resultant redundancy costs, any costs of terminating formal agreements and costs that fall on the remaining Local London Members not able to be defrayed by other action. Any Local London Member wishing to withdraw shall be required to give 12 months’ notice in writing of the withdrawal. Such notice period may only be reduced with the written agreement of all non-withdrawing Local London Members.
Termination and Dissolution. 43 Section 9.1 Termination...........................................................................43 Section 9.2 Winding-up............................................................................43
