Termination and Re Sample Clauses

Termination and Re procurement 9. Расторжение и перезаключение контракта 9.1 IOM may terminate this Contract, in whole or in part, at any time with written notice to the Supplier. Any monies paid in advance by IOM shall be refunded on or before the date of termination. 9.2 If IOM terminates this Contract in whole or in part for default on the part of the Supplier, it may acquire elsewhere goods similar to those terminated and the Supplier shall be liable for any excess costs to IOM for the re-procurement of those Goods as well as the removal of any or all of the Supplier’s product or equipment from IOM’s premise or other places of delivery. The Supplier shall not be liable for any excess costs if the failure to perform under this Contract arises from causes beyond its control and without fault or negligence of the Supplier. 9.3 Upon any such termination, the Supplier shall waive any claims for damages including loss of anticipated profits on account thereof. 9.1 МОМ вправе в любое время расторгнуть настоящий Договор полностью или частично, направив Поставщику письменное уведомление. Любые суммы, уплаченные авансом МОМ, должны быть возвращены не позднее даты расторжения настоящего Договора. 9.2 Если МОМ расторгает данный Договор, частично или полностью, по вине Поставщика, она вправе приобрести в каком-либо другом месте товары, аналогичные тем, которые не были получены из-за расторжения Договора, возлагая на Поставщика обязанность возмещения любых дополнительных расходов, понесенных МОМ как в связи с их закупкой, так и удалением части или всей продукции или оборудования Поставщика из помещений МОМ или мест доставки. Поставщик не несет ответственность за дополнительные расходы, если причины, обусловившие невозможность исполнения обязательств, возникли не по вине или халатности Поставщика, а в силу не зависящих от его воли обстоятельств. 9.3 После подобного расторжения Поставщик должен отказаться от требований о возмещении убытков, включая потерю ожидаемой прибыли.
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Termination and Re procurement 21.1 IOM may terminate this Agreement, in whole or in part, at any time with written notice to the Supplier. Any monies paid in advance by IOM shall be refunded on or before the date of termination. 21.2 If IOM terminates this Agreement in whole or in part for default on the part of the Supplier, it may acquire elsewhere goods similar to those terminated and the Supplier shall be liable for any excess costs to IOM for the re‐procurement of those goods as well as the removal of any or all of the Supplier’s product or equipment from IOM’s premises or other places of delivery. The Supplier shall not be liable for any excess costs if the failure to perform under this Agreement arises from causes beyond its control and without fault or negligence of the Supplier. 21.3 Upon any such termination, the Supplier shall waive any claims for damages including loss of anticipated profits on account thereof.
Termination and Re employment a) When an employee without vacation eligibility is terminated, he will be entitled to the statutory requirements as set forth in the applicable legislation. If the employee is subsequently re-employed, he will become entitled to a vacation whenever his Company Service Credit meets the eligibility requirements of the Plan. However, his vacation pay shall be reduced by the amount(s) previously received due to statutory requirements, if the vacation is scheduled within 12 months following the re-employment. b) When an employee who has attained vacation eligibility is terminated, he is entitled to any Current Year Vacation that has not been taken, plus any applicable statutory requirement. If he is later re-employed with Company Service Credit for prior service, no vacation pay be granted until he has accumulated six (6) additional months of Company Service Credit, at which time he will again become entitled to a full Current Year Vacation. These six (6) months may be accumulated during intermittent periods of employment. However, his vacation pay shall be reduced by the amount(s) previously received due to statutory requirements, if the vacation is scheduled within 12 months following re-employment. Such entitlement to a full Current Year Vacation will not become effective until the following calendar year, if it would otherwise result in duplication of Current Year Vacation.
Termination and Re allocation of L/C Participations on Third Business Day prior to the Revolving Initial Termination Date. Notwithstanding anything contained in this Agreement or any other Loan Document to the contrary, if an extension of the Revolving Facility becomes effective pursuant to Section 2.26(c) and the Tranche A Issuing Lender agrees to continue to provide the L/C Commitment or a replacement Tranche A Issuing Lender is appointed as provided for in Section 2.26(f) then, on the third Business Day prior to the Revolving Initial Termination Date, the interests and participations of the Non-Extending Revolving Funding Parties in the Tranche A Letters of Credit outstanding as at the third Business Day prior to the Revolving Initial Termination Date shall automatically terminate and (i) from and after the third Business Day prior to the Revolving Initial Termination Date, the Non-Extending Revolving Funding Parties shall have no liability arising from, relating to, in connection with or otherwise in respect of, such interests and participations or any Tranche A Letters of Credit (other than with respect to amounts required to be paid to the Tranche A Issuing Lender pursuant to Section 3.4(a) where a notice has been delivered by the Tranche A Issuing Lender on or prior to the third Business Day prior to the Revolving Initial Termination Date), and (ii) such interests and participations in outstanding Tranche A Letters of Credit shall thereupon automatically and without further action be re-allocated to the extent necessary such that the interests and participations in such Tranche A Letters of Credit shall be held by the Revolving Extending Funding Parties ratably in proportion to their respective pro rata shares (determined after giving effect to the termination of the interests and participations of the Non-Extending Revolving Funding Parties on the third Business Day prior to the Revolving Initial Termination Date, with all such terminations of interests and participations being treated as reductions in Revolving Commitments solely for the purposes of this calculation).”
Termination and Re employment (a) When an employee without vacation eligibility is terminated, he will be entitled to the statutory requirement as set forth in the applicable legislation. If the employee is subsequently re-employed, he will become entitled to a vacation whenever his Company Service Credit meets the eligibility requirements on the plan. Such vacation shall be reduced by the amount already received in the current year due to statutory requirements.

Related to Termination and Re

  • Termination and Renewal This Agreement shall be in full force and effect until December 31, 2021, and shall continue in effect from year to year thereafter unless either party gives notice, in writing, at least sixty (60) days prior to any expiration or modification date of its desire to terminate or modify such Agreement; provided that, in the event the Union serves written notice in accordance with this Section, any strike or stoppage of work after any expiration or modification date shall not be deemed in violation of any provision of this Agreement, any other provision to the contrary notwithstanding.

  • Termination and Resignation Your services as a Director may be terminated for any or no reason by the determination of the Board. You may also terminate your services as a Director for any or no reason by delivering your written notice of resignation to the Company (“Resignation”), and such Resignation shall be effective upon the time specified therein or, if no time is specified, upon receipt of the notice of resignation by the Company. Upon the effective date of the termination or Resignation, your right to compensation hereunder will terminate subject to the Company's obligations to pay you any compensation that you have already earned and to reimburse you for approved expenses already incurred in connection with your performance of your Duties as of the effective date of such termination or Resignation.

  • Termination and Termination Benefits Notwithstanding the provisions of Section 3, the Executive's employment under this Agreement shall terminate under the following circumstances set forth in this Section 6.

  • Termination and Termination Pay Subject to Section 12 of this Agreement, Executive’s employment under this Agreement may be terminated in the following circumstances:

  • Termination and Resignation of Agent (a) The Agent may be terminated at any time upon ten (10) days prior written notice from the Senior Noteholder. In the event that the Agent is terminated pursuant to this Section 30, all of its rights and obligations under this Agreement shall be terminated, other than any rights or obligations that accrued prior to the date of such termination. (b) The Agent may resign at any time on ten (10) days’ prior notice, so long as a successor Agent, reasonably satisfactory to the Note Holders (it being agreed that a Servicer, the Trustee or a Certificate Administrator in a Securitization is satisfactory to the Note Holders), has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. JPM, as Initial Agent, may transfer its rights and obligations to a Servicer, the Trustee or the Certificate Administrator, as successor Agent, at any time without the consent of any Note Holder. Notwithstanding the foregoing, Note Holders hereby agree that, simultaneously with the closing of the Lead Securitization, the Master Servicer shall be deemed to have been automatically appointed as the successor Agent under this Agreement in place of JPM without any further notice or other action. The termination or resignation of such Master Servicer, as Master Servicer under the Lead Securitization Servicing Agreement, shall be deemed a termination or resignation of such Master Servicer as Agent under this Agreement.

  • Termination and Abandonment This Agreement may be terminated and the Merger and the other Transactions may be abandoned at any time prior to the Effective Time, notwithstanding any requisite approval and adoption of this Agreement and the transactions contemplated hereby by the stockholders of the Company: (a) By mutual written consent duly authorized by the Boards of Directors of Parent, Merger Sub and the Company prior to Merger Sub's Election Date; or (b) By Parent or the Company if (i) the Minimum Condition has not been satisfied during a ten (10) business day extension of the Offer following the Initial Expiration Date, but all other conditions have been satisfied or (ii) any court of competent jurisdiction in the United States or other governmental authority shall have issued an order, decree, ruling or taken any other action restraining, enjoining or otherwise prohibiting the acceptance for payment of, or payment for, shares of Company Common Stock pursuant to the Offer or the Merger and such order, decree, ruling or other action shall have become final and nonappealable; or (c) By Parent, if due to an occurrence or circumstance that results in a failure to satisfy any condition set forth in Annex A, Merger Sub shall have (A) failed to commence the Offer within 10 days following the date of this Agreement or (B) terminated the Offer without having accepted any Shares for payment thereunder, unless any such failure listed above shall have been caused by or resulted from the failure of Parent or Merger Sub to perform in any material respect any material covenant or agreement of either of them contained in this Agreement or the material breach by Parent or Merger Sub of any material representation or warranty of either of them contained in this Agreement; or (d) By the Company, upon approval of the Board, if (i) Merger Sub shall have (A) failed to commence the Offer within 10 days following the date of this Agreement or (B) terminated the Offer without having accepted any Shares for payment thereunder, unless such failure to pay for Shares shall have been caused by or resulted from the failure of the Company to satisfy the conditions set forth in paragraphs (f) or (g) of Annex A, (ii) prior to the purchase of Shares pursuant to the Offer, the Board shall have withdrawn or modified in a manner adverse to Merger Sub or Parent its approval or recommendation of the Offer, this Agreement or the Merger in order to approve a Superior Proposal; provided, however, that such termination under this clause (ii) shall not be effective until the Company has made payment to Parent of the Termination Fee (as hereinafter defined) required to be paid pursuant to Section 8.2(a) and has deposited with a mutually acceptable escrow agent $2 million for reimbursement to Parent and Merger Sub of Expenses (as hereinafter defined) or (iii) Parent or Merger Sub shall have breached in any material respect any of their respective representations, warranties, covenants or other agreements contained in this Agreement, which failure to perform is incapable of being cured or has not been cured within 20 days after the giving of written notice to Parent or Merger Sub, as applicable, except, in any case, such failures which are not reasonably likely to affect adversely Parent's or Merger Sub's ability to complete the Offer or the Merger. The party desiring to terminate this Agreement pursuant to this Section 8.1 (other than pursuant to Section 8.1(a)) shall give notice of such termination to the other party.

  • Termination and Effect of Termination This Agreement shall terminate upon the date on which no Holder holds any Registrable Securities, except for the provisions of Sections 3.9 and 3.10, which shall survive any such termination. No termination under this Agreement shall relieve any Person of liability for breach or Registration Expenses incurred prior to termination. In the event this Agreement is terminated, each Person entitled to indemnification rights pursuant to Section 3.9 hereof shall retain such indemnification rights with respect to any matter that (i) may be an indemnified liability thereunder and (ii) occurred prior to such termination.

  • Expiration and Termination This Agreement is for one academic year (August 1, 2018 through July 31, 2019) and will automatically renew for the following academic year unless terminated as indicated below by either party. a. Any party may terminate this Agreement by written notice to the other at any time if that other party: (i.) commits a breach of this Agreement and, has not yet remedied the breach within 14 days of being notified of the facts and circumstances giving rise to the breach; or

  • Resignation and Termination An Authenticating Agent may resign by notifying the Indenture Trustee and the Owner Trustee. The Indenture Trustee may terminate the agency of an Authenticating Agent by notifying the Authenticating Agent and the Owner Trustee.

  • TERMINATION AND BREACH This License Agreement shall be terminated: a) in the event of any affirmative act of insolvency by MARKETING; or b) upon the appointment of any receiver or trustee to take possession of the properties of MARKETING. REALTY shall have the right to terminate this License Agreement either a) upon a material default by MARKETING under the Master Lease which is not cured within the cure periods specified therein; or b) upon a material default by MARKETING with respect to its obligations under the Reorganization and Distribution Agreement between the parties of even date which is not Rcured within the cure periods specified therein. In the event of any other breach or threatened breach of this License Agreement, notice shall be given and the parties shall promptly consult in good faith to cure such breach, with the party at fault being given an adequate period of time to remedy the matter. If such breach is not cured within sixty (60) days of the notice, the matter may be submitted to arbitration in accordance with paragraph 16 below, which may include a determination whether a material breach has occurred and/or been cured. In the event the arbitrator determines that a material breach has occurred, the arbitrator shall not be authorized to terminate this License Agreement (except in the case of a material breach by MARKETING which creates a substantial likelihood of loss of rights in the Licensed Marks) but shall be authorized to issue any other order or award any other relief deemed appropriate, including, without limitation, injunctive relief. In the event of a material breach by MARKETING which creates a substantial likelihood of loss of rights in the Licensed Marks, the arbitrator shall be authorized to issue any order awarding any relief deemed appropriate, including, without limitation, injunctive relief, and further providing that in the event MARKETING fails to comply with the relief ordered within a specified period of time, the license shall be terminated.

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