Termination and Rescission. 8.4.1 This Agreement shall be terminated upon the occurrence of any of the following events:
Termination and Rescission. 14.1 Any agreement between the Principal and the Contractor may be terminated without notice for good cause. Grounds for good cause shall, in particular but without limitation, include: (i) a serious breach of duty by the Contractor which is not remedied within a reasonable period of time set forth by the Principal after the written complaint is received; (ii) a considerable deterioration of a party's financial situation which threatens to impact such party' s ability to perform its obligations and / or to discharge of its tax and / or social liabilities; or (iii) the purchase or use of the goods or the services is or will be either entirely or partly impermissible due to legal or official regulations.
Termination and Rescission. Rental agreements with no pre-determined rental period can be terminated by either party with one working days' written notice. Rental agreements with a pre-determined rental period/price run for the agreed period, unless otherwise agreed in writing. BAS can rescind an agreement if the rental equipment is not treated properly, the customer is found to be insolvent, BAS does not consider the customer’s creditworthiness to be sufficient and/or the customer has defaulted on one or more due payment commitments. On rescission, the customer commits to return all equipment that has been rented or not paid for, or assist BAS in collecting machines and equipment. In such cases, BAS may additionally claim compensation for any loss that BAS suffers as a result of the rescission. If BAS fails to perform maintenance and repairs in a satisfactory manner when, according to an overall assessment, this may be considered a material breach of the rental agreement, the customer can rescind the agreement for those units involved. If BAS fails to supply one or more ordered units at the agreed time, the parties shall attempt to agree a new delivery time in writing. If there is failure to reach an agreement, the customer is entitled to cancel the delayed units after (i) 3 working days from the original time of delivery for rental objects with continuing rental periods or pre-agreed rental periods of less than 3 months; (ii) 5 working days from the time of delivery for rental objects with pre-agreed rental periods of more than 3 months. Other than the right of cancellation, it is agreed that the customer is unable to use other remedies in case of delayed delivery, including compensation.
Termination and Rescission. If the Court declines to grant either preliminary or final approval to this Settlement Agreement or any material part hereof (as set forth in Sections II(G)(3) or (G)(7) above, respectively), or if the Court approves this Settlement Agreement in a materially modified form, or if after the Court’s approval, such approval is materially modified or set aside on appeal, or if the Court does not enter the Final Order and Judgment, or if the Court enters the Final Order and Judgment and appellate review is sought and on such review such Final Order and Judgment is not affirmed (collectively “Triggering Events”), then Settling Defendant and Plaintiffs shall each, in their respective sole and absolute discretion, have the option to rescind this Settlement Agreement in its entirety by providing written notice of their election to do so (“Termination Notice”) to each other within thirty (30) calendar days of such Triggering Event. For purposes of this Section II(G)(10), a material modification includes but is not limited to any modification to the Settlement Amount or the scope of the Released Claims pursuant to Section I(B) and Section II(C). In no way shall Plaintiffs have the right to rescind, cancel or terminate this Settlement Agreement if the Court fails or refuses to grant any requested attorneys’ fees, any costs, or any service awards to Class Representatives.
Termination and Rescission. 1. Each party shall only be authorised to rescind an agreement due to an attributable failure in the performance of the agreement if the other party, in all cases after a written notice of default that is as detailed as possible and that grants a reasonable term to remedy the breach that has been issued, is culpably failing to fulfil essential obligations under the agreement.
Termination and Rescission. The doctoral student and any supervisor may terminate the Supervision Agreement for good cause, for instance in cases where the doctoral student has not met the agreed interim objectives despite having been granted a grace period twice, or if the personal bond of trust has been broken. Notice must be served in writing, specifying the reasons for the termination. The written notice must be given to the doctoral student or each supervisor. The parties shall endeavour to reach mutual written rescission. The parties involved are no longer tied to the obligations under the Supervision Agreement once the agreement has been rescinded or terminated; other duties in accordance with the respectively applicable doctoral degree regulations remain hereby unaffected. If the doctoral student has already been accepted or admitted to the University of Passau in accordance with the applicable doctoral degree regulations, the chairperson of the relevant faculty’s Board of Examiners for Doctoral Awards must be informed of the rescission or termination. A new Supervision Agreement may be concluded between the doctoral student and the remaining supervisor and/or other supervisor.
Termination and Rescission. As a result of entering into the Amended Note in favor of JR, JR and Company (i) agree to cancel and terminate the Proposal Letter, Security Agreement, and Mortgage Agreement, which agreements are hereby null and void and of no further force and effect, and (ii) acknowledge that the 250,000 shares of Company common stock were not, and will not be, issued pursuant to the Subscription Agreement and agree to rescind such issuance and terminate the terms of the Subscription Agreement including the issuance of the shares thereunder, which agreement is hereby null and void and of no further force and effect.
Termination and Rescission. 14.1 This Agreement shall expire under any of the following circumstances:
Termination and Rescission. 29. (a) Within fourteen (14) business days after the end of the period to request exclusion from the Settlement Class, Co-Lead Counsel will cause copies of timely requests for exclusion from the Settlement Class to be provided to counsel for Xxxx Capital.
Termination and Rescission. 1. In case the office space shall be partially destroyed or damaged due to any cause stated above or those beyond the control of the LESSOR, either party may cancel this Contract in order to effect the repairs or construction without incurring any liability therefor. This Contract shall likewise be rescinded in the event that the office space should be totally destroyed or damaged due to any cause beyond the control of the LESSEE. In any of these cases, the LESSEE shall pay the rental due as of the date on which the partial or total destruction should have occurred.
