TERMINATION AND REDELIVERY Sample Clauses
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TERMINATION AND REDELIVERY. 13.1 SSP may at any time redeliver all or any Custodial Investments to you without terminating this Appendix.
13.2 You or SSP may terminate this Agreement by written notice to the other and require re-delivery of the Custodial Investments but without prejudice to any pre existing rights or obligations of the parties including, for the avoidance of doubt, completion of any matter to effect and settle a Transaction and payment of any amount due to us on that Transaction.
13.3 Within a reasonable period after notice of such a termination, we shall deliver to you in person, or by registered post to your address as notified to SSP, or by transfer to your bankers or agents, or otherwise as you may direct, the balance of all Custodial Investments held by SSP.
13.4 Our obligations under sub-clause 13.3 in any other event when you request a transfer of the Custodial Investments to be made subject to:-
13.4.1 compliance with applicable law or regulatory requirements,
13.4.2 reasonable notice having been given to and received by SSP and,
13.4.3 the rules and requirements of any relevant investment exchange, clearing system, sub custodian or other person referred to in Clause 4 of this Appendix provided that SSP may make such arrangements as it deems appropriate and where applicable, at your expense in order that prompt delivery is made.
13.5 If you are indebted in any way to SSP in respect of Custodial Investments (for example, without limitation, in respect of unpaid fees or any payment made to you by SSP on Account of interest, dividends or other income not yet collected by SSP) SSP may decline to redeliver such Custodial Investments until such debt has been discharged.
13.6 You further acknowledge that your indebtedness and liability to SSP shall be continuing until such time as SSP is satisfied that it has received full and final settlement of payment due on the Investments in respect of those amounts paid to you. You shall fully indemnify SSP in the event of non-payment or part payment only.
13.7 You shall bear all costs and risks of delivery to you for your order, whether upon termination or otherwise.
TERMINATION AND REDELIVERY. A. Upon expiration or termination of the Charter Period, Charterer shall, at its expense redeliver the Vessel ("Redelivery") (unless lost or declared a constructive total loss) to Owner at any port identified by Owner provided such port is at or within one hundred (100) nautical miles of the Port of Palm Beach, Florida, or such other port mutually agreed upon. The Vessel will be redelivered in the same good order and condition in which it had been at the time of delivery under this Charter, reasonable wear and tear excepted. Acceptance of the Vessel by Owner shall be conclusive evidence of Charterer's compliance with any and all of Charterer's obligations under this Charter with respect to the Vessel's class and condition at the time of Redelivery.
B. No further Charter Hire shall accrue after the expiration of the Charter Period. Interest on unpaid Charter Hire then due shall accrue at the rate of fifteen percent (15%) per annum.
TERMINATION AND REDELIVERY. A. In the event Charterer does not exercise its purchase option pursuant to Article 19, upon termination of the Charter, the Charterer shall, at its expense, redeliver the Vessel ("Redelivery") (unless lost or declared a constructive total loss) to the Owner at any port identified by Owner provided such port is at or within one hundred (100) nautical miles of the Port of Palm Beach, Florida, or such other port mutually agreed upon.
B. Charter Hire shall continue until completion of the off-hire survey and of all repairs, removals and restorations required to place the Vessel in the same good order and condition in which it was at the time of commencement, reasonable wear and tear excepted, and all other work required of the Charterer herein. For purposes of this Article, the same good order and condition upon commencement is agreed as that set forth in the drydock survey of the Vessel to be performed after completion of the initial alterations. All machinery, appliances, and appurtenances are to be placed in good working order.
C. At the port of Redelivery, the Vessel shall be placed on drydock selected by Charterer with the cost and expense thereof to be paid by the Charterer and a joint off-hire survey shall be carried out by representatives of the Owner and the Charterer to determine the condition of the Vessel. The cost of drydocking for the purpose of conducting the off-hire survey shall be split equally between the parties. The Charterer shall, at its expense, and on its time, make all such repairs and do all such work as is found to be necessary to comply with this Article 13. All drydocking charges incurred after completion of the off-hire survey during the period required to perform repairs and otherwise to comply with Article 13 shall be for Charterer's account. During same period, Owner shall have the right to carry out repairs for its own account, provided that Owner's work does not increase Charterer's expense.
D. The Vessel and its appurtenances shall be painted and Coast Guard, if any, and Classification Society inspections are to be conducted at the time of the off-hire survey, it being the intention of the parties that all certificates issued by said agencies are to be renewed, free of all outstanding recommendations, whether or not due.
E. Acceptance of the Vessel by the Owner shall be conclusive evidence of Charterer's compliance with any and all of the Charterer's obligations under this Charter with respect to Vessel's class and conditi...
TERMINATION AND REDELIVERY. Upon termination of this Equipment Lease Agreement for any reason, Valley shall (at Valley's own cost and expense) return the Equipment to the location specified by Village in the same condition as Valley received the Equipment upon commencement of the Lease Term, reasonable wear and tear and normal depreciation excepted.
TERMINATION AND REDELIVERY. 19.1 China Telecom may terminate this Agreement at any time by giving not less than 180 days’ written notice, such termination shall take effect from the expiration of each lease period or any Additional Term.
19.2 Without prejudice to any other rights or remedies they may have (either under this Agreement or at law), China Telecom Group or China Telecom may terminate this Agreement at any time if the other party commits any continuing or material breach of any of the provisions of this Agreement (save for any breach which is caused by the party seeking to rely on it) and, in the case of such a breach which is capable of remedy, fails to remedy the same within 90 days after receipt of a written notice giving full particulars of the breach and requiring it to be remedied.
19.3 For the purpose of clause 19.2, a breach shall be considered capable of remedy if the party in breach can comply with the provision in question in all respects other than as to the time of performance (provided that time of performance is not of the essence).
19.4 The right to terminate this Agreement given by this clause 19 shall not prejudice any other right or remedy of any party in respect of the breach concerned (if any) or any other breach.
19.5 Upon the termination of this Agreement for any reason, subject as otherwise provided in this Agreement and to any rights or obligations which have accrued prior to termination, no party shall have any further obligation to the others under this Agreement.
19.6 Notwithstanding clause 19.1, this Agreement may be terminated at any time upon the written agreement of the parties.
19.7 Subject to clause 13, China Telecom shall return the Network to China Telecom Group within 90 days following the termination of this Agreement in accordance with the following principles:
(a) the Network shall be returned free and clear of any Security Interests (other than China Telecom Group Liens);
(b) all maintenance to the Network shall have been completed; and
(c) all damage to the Network shall have been repaired and certified in accordance with the requirements of the relevant Equipment manufacturer.
