Common use of TERMINATION BY THE PARTIES Clause in Contracts

TERMINATION BY THE PARTIES. The Attorney General reserves the right to modify or cancel any Claims/Accounts assigned to Vendor under this Retention Agreement and/or terminate this Retention Agreement at any time, in his sole discretion, and without cause or duty of explanation, upon written notice to Vendor. The Attorney General may suspend or terminate this Retention Agreement for convenience or any other reason including, but not limited to: (1) default, as defined below, by Vendor; (2) the lack of need for the services as specified under this Agreement; or (3) if the Attorney General deems termination to be in the best interest of the State of Ohio. Default by Vendor is defines as the failure by Vendor to specifically perform in accordance with the specifications, terms, and conditions of this Agreement. Vendor must notify the Director of External Collections in writing of all pending payment plans immediately upon suspension or termination. Upon receipt of notice of suspension or termination, Vendor shall cease all Work on the suspended or terminated Claims/Accounts assigned it under this Retention Agreement. Vendor will suspend or terminate all subcontracts relating to the suspended or terminated activities, take all necessary or appropriate steps to limit disbursements and minimize costs, and, if requested by the Attorney General, furnish a report, as of the date of receipt of notice of suspension or termination, describing the status of all Work, including, without limitation, results, conclusions resulting therefrom, and any other matters the Attorney General requires. Vendor may terminate this Retention Agreement upon thirty (30) days a d v a n c e written notice to the Director of External Collections.

TERMINATION BY THE PARTIES. The Attorney General reserves the right to modify or cancel any Claims/Claims or Accounts assigned to Vendor Collections Special Counsel under this Retention Agreement and/or terminate this Retention Agreement at any time, in his sole discretion, and without cause or duty of explanation, upon written notice to VendorCollections Special Counsel. The Attorney General may suspend or terminate this Retention Agreement for convenience or any other reason including, but not limited to: (1) default, as defined below, by VendorCollections Special Counsel; (2) the lack of need for the services as specified under this Retention Agreement; or (3) if the Attorney General deems termination to be in the best interest of the State of Ohio. Default by Vendor Collections Special Counsel is defines defined as the failure by Vendor Collections Special Counsel to specifically perform in accordance with the specifications, terms, and conditions of this Retention Agreement. Vendor Collections Special Counsel must notify the Director of External Collections in writing of all pending payment plans litigation matters immediately upon suspension or termination. Upon receipt of notice of suspension or termination, Vendor Collections Special Counsel shall cease all Work on the suspended or terminated Claimsactivities assigned him/Accounts assigned it her under this Retention Agreement. Vendor will Agreement and suspend or terminate all subcontracts relating to the suspended or terminated activities. Additionally, Collections Special Counsel will take all necessary or appropriate steps to limit disbursements and minimize costs, and, if requested by the Attorney General, furnish a report, as of the date of receipt of notice of suspension or termination, describing the status of all Work, including, without limitation, results, conclusions resulting therefrom, and any other matters the Attorney General requires. Vendor If there is pending litigation upon suspension or termination by the Attorney General, the suspension or termination shall be effective as to the pending litigation when Collections Special Counsel obtains leave of court to terminate his/her representation in the pending litigation. Collections Special Counsel is required to act immediately to obtain leave of court to withdrawal as counsel from any pending litigation. Collections Special Counsel may terminate this Retention Agreement upon thirty (30) days a d v a n c e advance written notice to the Director of External Collections.

TERMINATION BY THE PARTIES. The Attorney General reserves the right to modify or cancel any Claims/Accounts assigned to Vendor under this Retention Agreement and/or terminate this Retention Agreement at any time, in his sole discretion, and without cause or duty of explanation, upon written notice to Vendor. The Attorney General may suspend or terminate this Retention Agreement for convenience or any other reason including, but not limited to: (1) default, as defined below, by Vendor; (2) the lack of need for the services as specified under this Retention Agreement; or (3) if the Attorney General deems termination to be in the best interest of the State of Ohio. Default by Vendor is defines defining as the failure by Vendor to specifically perform in accordance with the specifications, terms, and conditions of this Retention Agreement. Vendor must notify the Director of External Collections in writing of all pending payment plans immediately upon suspension or termination. Upon receipt of notice of suspension or termination, Vendor shall cease all Work on the suspended or terminated Claims/Accounts assigned it under this Retention Agreement. Vendor will suspend or terminate all subcontracts relating to the suspended or terminated activities, take all necessary or appropriate steps to limit disbursements and minimize costs, and, if requested by the Attorney General, furnish a report, as of the date of receipt of notice of suspension or termination, describing the status of all Work, including, without limitation, results, conclusions resulting therefrom, and any other matters the Attorney General requires. Vendor may terminate this Retention Agreement upon thirty (30) days a d v a n c e advance written notice to the Director of External Collections.

TERMINATION BY THE PARTIES. The Attorney General reserves the right to modify or cancel any Claims/Claims or Accounts assigned to Vendor Special Counsel under this Retention Agreement and/or terminate this Retention Agreement at any time, in his sole discretion, and without cause or duty of explanation, upon written notice to VendorSpecial Counsel. The Attorney General may suspend or terminate this Retention Agreement for convenience or any other reason including, but not limited to: (1) default, as defined below, by VendorSpecial Counsel; (2) the lack of need for the services as specified under this Retention Agreement; or (3) if the Attorney General deems termination to be in the best interest of the State of Ohio. Default by Vendor Special Counsel is defines defined as the failure by Vendor Special Counsel to specifically perform in accordance with the specifications, terms, and conditions of this Retention Agreement. Vendor Special Counsel must notify the Director of External Collections in writing of all pending payment plans litigation matters immediately upon suspension or termination. Upon receipt of notice of suspension or termination, Vendor Special Counsel shall cease all Work on the suspended or terminated Claimsactivities assigned him/Accounts assigned it her under this Retention Agreement. Vendor will Agreement and suspend or terminate all subcontracts relating to the suspended or terminated activities. Additionally, Special Counsel will take all necessary or appropriate steps to limit disbursements and minimize costs, and, if requested by the Attorney General, furnish a report, as of the date of receipt of notice of suspension or termination, describing the status of all Work, including, without limitation, results, conclusions resulting therefrom, and any other matters the Attorney General requires. Vendor If there is pending litigation upon suspension or termination by the Attorney General, the suspension or termination shall be effective as to the pending litigation when Special Counsel obtains leave of court to terminate his/her representation in the pending litigation. Special Counsel is required to act immediately to obtain leave of court to withdrawal as counsel from any pending litigation. Special Counsel may terminate this Retention Agreement upon thirty (30) days a d v a n c e advance written notice to the Director of External Collections.