Termination and Term Sample Clauses

Termination and Term. (a) Upon the occurrence of a material breach or default as to any obligation hereunder by either party and the failure of the breaching party to promptly pursue (within thirty (30) days after receiving written notice thereof from the non-breaching party) a reasonable remedy designed to cure (in the reasonable judgment of the non- breaching party) such material breach or default, this Agreement may be terminated by the non-breaching party by giving written notice of termination to the breaching party, such termination being immediately effective upon the giving of such notice of termination. (b) The initial term of this Agreement shall begin on the date first indicated above and shall (unless terminated earlier pursuant to the terms of Section 11(a) above) expire at the end of the third (3rd) Contract Year or any renewal period. The term of this Agreement shall be automatically renewed for additional periods of one (1) Contract Year each unless either Party gives the other Party a written notice not to renew this Agreement at least three (3) months before the expiration of the original term or any such renewal of this Agreement. If such three (3) months notice has not been given, then both Parties shall agree in writing on mutually acceptable terms for such renewed Contract Year. (c) Upon termination or expiration of this Agreement, neither party shall have any obligation to the other party, or to any employee of the other party, for compensation or for damages of any kind, whether on account of the loss by the other party or such employee of present or prospective sales, investments, compensation, goodwill or otherwise. Each party, for itself and on behalf of each of its employees, hereby waives any rights which may be granted to it or them under the laws and regulations of the Territory or otherwise which are not granted to it or them by this Agreement. Each party hereby indemnifies and holds the other party harmless from and against any and all claims, costs, damages and liabilities whatsoever asserted by any of its employees, agents or representatives under any applicable termination, labor, social security or other similar laws or regulations. (d) Notwithstanding Section 11(c) above or any other provision of this Agreement, termination of this Agreement shall not affect the obligation of NK to pay Aspect all amounts owing or to become owing as a result of Products delivered on or before the date of such termination, as well as interest thereon to the e...
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Termination and Term. 10.1 Upon full and complete performance of all Agreementual Obligations under the Transaction Documents by Pledgor and Party C, Pledgee shall, upon request of Pledgor, release the Pledge of the Pledged Shares hereunder as soon as reasonably practicable and cooperate with Pledgor to deregister the Pledge from the shareholders’ register of Party C and file the deregistration of the Pledge with the relevant registration authority. 10.2 In case the operation term of a Party expires during the term of this Agreement, that Party is obligated to timely apply for the extension of the operation term to the competent authorities, and ensure that the extended business license is obtained prior to the expiration of the operation term. Pledgee may terminate this Agreement unilaterally upon thirty (30) days prior notice. Unless otherwise required by applicable laws, Pledgor and Party C shall not have the right to terminate or dissolve this Agreement in any event. 10.3 The term of this Agreement shall continue until the full performance of the Agreementual Obligations or the full service of the Secured Indebtedness. 10.4 This Article 10.4 and Articles 12, 13 and 14 of this Agreement shall survive the termination of this Agreement.
Termination and Term. Upon full and complete performance of all Agreementual Obligations under the Transaction Documents by Pledgor and Party C, Pledgee shall, upon request of Pledgor, release the Pledge of the Pledged Shares hereunder as soon as reasonably practicable and cooperate with Pledgor to deregister the Pledge from the shareholders’ register of Party C and file the deregistration of the Pledge with the relevant registration authority.
Termination and Term. 4.2.1 This AGREEMENT may be terminated upon unanimous written consent of all current Members.
Termination and Term. 4.1 This software maintenance Contract shall be concluded for an indefinite period. 4.2 seca may suspend maintenance or terminate the Contract without notice if: (a) the Customer is in arrears with the fulfilment of his payment obligations and, despite a reasonable deadline and reminder, does not fulfil his obligations, (b) Interference with the software has been made by the Customer or by third parties or persons, (c) the respective software product is transferred to another computer system (as far as this constitutes a violation of the License Contract provisions). (d) the Customer has repeatedly failed to notify in writing within fourteen days, in the form of an updated inventory overview of the number of seca devices specified in the Purchase Contract, which are connected to the seca integration solution/software of a Customer. 4.3 The Customer may orderly terminate this Software Maintenance Contract with a notice period of 1 month to the end of the month. seca may orderly terminate this Software Maintenance Contract with a notice period of 6 months. In the event of a termination by the Customer, a pro-rata refund of the previously paid invoice amounts shall be made for the remaining months. 4.4 The right to extraordinary, immediate termination for cause remains unaffected for each Party.
Termination and Term. 6.1 The term of this agreement shall start from the 1st January each year and continue for a period of 12 months. 6.2 British Canoeing may terminate this agreement in writing if there is a material breach which cannot be resolved or remedied. Such breaches may be caused by: - i. Failing to maintain the Approved Standards ii. Failing to pay the amount due under this agreement iii. Assignment or transfer of the branding rights to a third party Upon expiry or early termination the operator shall: - a. Cease using the Go Canoeing branding, logo and wording b. Stop acting as an agent of British Canoeing c. Pass any outstanding customer data to British Canoeing as itemised in section 3.10 of this agreement.
Termination and Term. The Parties may by mutual agreement terminate this Agreement. The Agreement shall remain in effect until the earlier of thirty years from the Effective Date, or the date upon which building permits have been issued for full build‐out of the contemplated square footage of improvements to be built within the Project q. No Third‐Party Beneficiaries. There are no third‐party beneficiaries of this Agreement, and nothing in this Agreement creates or may be interpreted as creating a property interest in the Project Site or on Tejon Ranch held by Climate Resolve.
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Termination and Term. 15.1. This Agreement is in effect for one (1) year from the Effective Date of this contract and will automatically renew for one (1) year increments. 15.2. Reseller agrees that we may modify this agreement from time to time. 15.3. Reseller agrees to be bound by any changes we may reasonably make to this agreement when such changes become effective. 15.4. Should Reseller elect to cancel Reseller’s Agreement with Safenames, Reseller will not receive a refund for any fees Reseller may have paid to Safenames. 15.5. Upon Termination you, the Reseller have a 90 day period to move all existing client and or Sub Reseller Accounts and domains away from Safenames and all services. 15.6. After the expiry of 90 days all remaining clients and or Sub Reseller accounts and other accounts below you will revert to Safenames. 15.7. Upon Receipt of written notification of dissatisfaction of your Services from your client or Sub Reseller Safenames may assume control of your client and or Sub Reseller Account. 15.8. Written notification can be issued: 15.8.1. By Facsimile 15.8.2. By Post 15.8.3. By Email 15.9. You will be notified of our receipt of your client dissatisfaction of service document and any subsequent action taken 15.10. Copies of the written notification can be provided upon request. 15.11. You (the Reseller) or Safenames may terminate this agreement immediately, on written notice if: 15.11.1. commits a material breach of this agreement and, if remediable, having received from the other party written notice stating the intention to terminate the agreement if not remedied, fails to remedy the breach within 14 days; or 15.11.2. is subject to a resolution for winding up or a petition for bankruptcy or liquidation or proposes or enters any arrangement or composition with assignment with or for creditors or a receiver or liquidator or trustee in bankruptcy is appointed over it or any of its assets or any similar circumstances. 15.12. We may also terminate this agreement (as regards some or all of the Services) and/or suspend some or all of the Services (including our declining to co-operate generally with you) immediately on written notice: 15.12.1. in the event of Exceptional Circumstances;
Termination and Term. The term of this Agreement shall begin upon the Effective Date and continue to be in force for one calendar year period; provided, however, that the first ninety days of such one-year period shall be a trial period during which Client may terminate this Agreement upon five days prior written notice. If Client has not terminated the agreement within the initial 90 day trial period the agreement will remain in force through one year from the Effective Date. Thereafter it will be automatically renewed for 1 year in each successive year thereafter. Either party may terminate this agreement for any reason by providing to the other party a written notice of termination 30 days prior to the requested termination date. Provider shall be paid for all Services performed, and all expenses accrued, on receipt by Provider of any notice of termination. Either party may also terminate this Agreement for material breach by the other and failure to cure such breach within thirty days. 8 LEGAL COMPLIANCE: Provider may suspend or terminate the Services immediately upon receipt of any notice which alleges that Client has used the Services for any purpose that violates any local, state, federal or law of other nations, including but not limited to the posting of information that may violate third party rights, that may defame a third party, that may be obscene or pornographic, that may harass or assault others, that may violate hacking or other criminal regulations of its agents, officers, directors, contractors or employees. In such event, Provider may disclose the Client’s identity and contact information, if requested by a government or law enforcement body or as a result of a subpoena or other legal action, and Provider shall not be liable for damages or results thereof and Client agrees not to bring any action or claim against Provider for such disclosure. Notwithstanding the foregoing, if any of the foregoing events occurs, Provider shall notify the Client of the occurrence of such events, and provide any and all information in its possession related thereto to Client, to enable the Client to defend itself with respect to such allegations. 9 MUTUAL INDEMNIFICATION: Client has the right of termination if services are suspended as a result of any actions hereunder. Each party shall, at its own expense, defend, indemnify, and hold the other party and its officers, directors, agents, employees, and consultants harmless for damages, liabilities, claims, losses, costs, demands...
Termination and Term. 14.1 This MOU may be terminated by either Participant upon ninety (90) days written notice to each Participant and notice to the responsible Minister for the Province of Alberta. Termination does not release a Participant from any obligations which accrued while the MOU was in force. 14.2 This MOU will commence on the 1st day of July, 2022, and will expire on the 30th day of June, 2027.
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