Termination by the beneficiary Sample Clauses

Termination by the beneficiary. In duly justified cases, the beneficiary may withdraw his request for a grant and terminate the agreement at any time by giving 60 days' written notice stating the reasons, without being required to furnish any indemnity on this account. If no reasons are given or if the Commission does not accept the reasons, the beneficiary shall be deemed to have terminated this agreement improperly, with the consequences set out in the third subparagraph of paragraph 4.
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Termination by the beneficiary. 1. The beneficiary may terminate his participation to the framework partnership agreement, at any time, by giving calendar 60 days' written notice. Where he avails himself of that right, he must undertake to complete the implementation of any specific grant agreement which have entered into force before the date when termination of the framework partnership agreement takes effect, without prejudice to Article II.31 of the specific grant agreement. The request shall be addressed to Fusion for Energy by the beneficiary. A written amendment shall be concluded to make any modification necessary to adapt the framework partnership agreement to the new implementing conditions resulting from that termination.
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Termination by the beneficiary. Pursuant to the stipulations of Article 3.5 (Modification of these General Conditions), 6.7 (Modification of Services), 10.6 (Modification of prices), the Beneficiary may terminate the Agreement, subject to compliance with the express terms defined in said Articles and with a minimum notice of fifteen (15) days.
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Termination by the beneficiary. 4.2.2.1 In the event that the Beneficiary terminates this Contract prior to the expiry of the term of the commitment, subject to the provisions of clause 4.4 (Transfer or Selling Land on which project is to be undertaken) and clause 7 (”force majeure”) the Welsh Ministers, in accordance with the Regulations may take recovery action for payments made to the Beneficiary under the Contract with interest.
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Termination by the beneficiary. In duly justified cases, the beneficiary may terminate the agreement at any time by giving 60 days’ written notice stating the reasons, without being required to furnish any indemnity on this account. If no reasons are given or if the CPVO does not accept the reasons, the beneficiary shall be deemed to have terminated this agreement improperly, with the consequences set out in the third subparagraph of paragraph 4.
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Related to Termination by the beneficiary

  • TERMINATION BY THE PARTIES This Agreement may be terminated upon sixty (60) days’ written notice (a) by the Independent Directors of the Company or the Advisor, without Cause and without penalty, (b) by the Advisor for Good Reason, or (c) by the Advisor upon a Change of Control. The provisions of Sections 19 through 31 of this Agreement shall survive termination of this Agreement.

  • Termination by the Bank for Cause After the occurrence of any of the conditions specified in Section 7.1, the Bank shall have the right to terminate the Term for Cause on written notice to Executive, effective immediately.

  • Termination by the Company This Agreement may be terminated and the Mergers may be abandoned at any time prior to the First Effective Time by action of the Board of Directors of the Company if: (a) the Board of Directors of Parent shall have made a Parent Change in Recommendation; provided, however, that the Company will not have the right to terminate this Agreement pursuant to this Section 7.03(a) if the Parent Requisite Vote has been obtained; or (b) there has been a breach of any representation, warranty, covenant or agreement made by Parent or the Merger Subs in this Agreement, or any such representation and warranty shall have become untrue after the date of this Agreement, such that Sections 6.03(a) or 6.03(b) would not be satisfied and such breach or failure to be true is not curable or, if curable, is not cured following written notice to Parent from the Company of such breach or failure by the earlier of (x) the 30th day following such written notice and (y) the Termination Date; provided that the Company shall not have the right to terminate this Agreement pursuant to this Section 7.03 if the Company is then in breach of any of its representations, warranties, covenants or agreements under this Agreement in a manner such that the conditions set forth in Sections 6.02(a) or 6.02(b) would not be satisfied (unless capable of being cured within 30 days). (c) at any time prior to the Company Requisite Vote being obtained, (i) if the Board of Directors of the Company authorizes the Company, to the extent permitted by and subject to complying with the terms of Section 5.02, to enter into an Alternative Company Acquisition Agreement with respect to a Company Superior Proposal that did not result from a material breach of this Agreement, (ii) concurrently with the termination of this Agreement, the Company, subject to complying with the terms of Section 5.02, enters into an Alternative Company Acquisition Agreement providing for a Company Superior Proposal that did not result from a material breach of this Agreement and (iii) prior to or concurrently with such termination, the Company pays to Parent in immediately available funds any fees required to be paid pursuant to Section 7.05(b).

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