Common use of Termination; Assignment Clause in Contracts

Termination; Assignment. This Agreement will continue in effect unless terminated as provided herein. A party may terminate this Agreement without cause by giving the other party thirty (30) days’ written notice of its intention to terminate. A violation by you of applicable state and federal laws and rules and regulations of authorized regulatory agencies will terminate this Agreement effective upon notice received by you from us. This Agreement shall not be assignable by either party without the advance written consent of the other party, and your assignment without such consent shall result in the termination of this Agreement upon notice received by you from us. Failure of any party to terminate the Agreement for any of the causes set forth in this Agreement will not constitute a waiver of that party’s right to terminate this Agreement at a later time for any of these causes.

Appears in 5 contracts

Samples: Selected Dealer Agreement (Ubs Money Series), Selected Dealer Agreement (Ubs Money Series), Selected Dealer Agreement (Ubs Money Series)

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Termination; Assignment. This Agreement will continue in effect unless terminated as provided herein. A party may terminate this Agreement without cause by giving the other party thirty (30) days' written notice of its intention to terminate. A Your expulsion from the NASD will automatically terminate this Agreement without notice. Your suspension from the NASD or a violation by you of applicable state and federal laws and rules and regulations of authorized regulatory agencies will terminate this Agreement effective upon notice received by you from us. This Agreement shall not be assignable by either party without the advance written consent of the other party, and your assignment without such consent shall result in the termination of this Agreement upon notice received by you from us. Failure of any party to terminate the Agreement for any of the causes set forth in this Agreement will not constitute a waiver of that party’s 's right to terminate this Agreement at a later time for any of these causes.

Appears in 4 contracts

Samples: Selected Dealer Agreement (Ubs Master Series Inc), Selected Dealer Agreement (Brinson Master Series Inc), Selected Dealer Agreement (Painewebber Pace Select Advisors Trust)

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