Common use of Termination Due to Discontinuance of Business Clause in Contracts

Termination Due to Discontinuance of Business. In the event that Company shall discontinue operating its business, then this agreement shall terminate as of the day in which Company ceases operations with the same force and effect as if such were originally set as the expiration date of this agreement.

Appears in 12 contracts

Samples: Employment Agreement (Cardinal Airlines Inc), Employment Agreement (Cardinal Airlines Inc), Employment Agreement (Cardinal Airlines Inc)

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Termination Due to Discontinuance of Business. In Anything herein contained to the contrary notwithstanding, in the event that the Company shall discontinue operating its business, then this agreement shall terminate as of the last day of the month in which the Company ceases operations at such location with the same force and effect as if such last day of the month were originally set as the expiration termination date of this agreementhereof.

Appears in 6 contracts

Samples: Employment Agreement (Mediforce Inc), Employment Agreement (Mediforce Inc), Employment Agreement (Mediforce Inc)

Termination Due to Discontinuance of Business. In Anything herein contained to the contrary notwithstanding, in the event that the Company shall discontinue operating its business, then this agreement Agreement shall terminate as of the last day of the month in which the Company ceases operations at such location with the same force and effect as if such last day of the month were originally set as the expiration termination date of this agreementhereof.

Appears in 4 contracts

Samples: Business Consulting Agreement (Open Door Online Inc), Consulting Agreement (Jd American Workwear Inc), Consulting Agreement (Jd American Workwear Inc)

Termination Due to Discontinuance of Business. In All agreements, covenants and claims made within this contract to the contrary notwithstanding, in the event that (Company Name) shall discontinue operating its business, then this agreement Contract shall terminate as of the last day of the month in which (Company Name) ceases operations with the same force and effect as if such were originally set as the expiration date of this agreementoperations.

Appears in 2 contracts

Samples: Employment Contract, Employment Agreement

Termination Due to Discontinuance of Business. In Notwithstanding any other term or condition expressed or implied in this Agreement, in the event that the Company shall will discontinue operating its business, then then, at the Company's sole option, and as permitted by law, this agreement shall Agreement will terminate as of the day in on which the Company ceases operations at such location, or earlier by exercising clause 9.2, with the same force and effect as if such last day of the month were originally set as the expiration termination date of this agreementAgreement.

Appears in 2 contracts

Samples: Service Provider Agreement, Service Provider Agreement

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Termination Due to Discontinuance of Business. In Anything herein contained to the contrary notwithstanding, in the event that the Company shall discontinue operating its business, then this agreement shall terminate as of the last day of the month in which the Company ceases operations at such location with the same force and effect as if such last day of the month were originally set as the expiration termination date of this agreement.hereof

Appears in 1 contract

Samples: Employment Agreement (Mediforce Inc)

Termination Due to Discontinuance of Business. In the event that Company shall discontinue the Corporation discontinues operating its businessbusiness without continuation through a successor entity, then this agreement Agreement shall terminate as of the last day in of the month on which Company the Corporation ceases operations operation with the same force and effect as if such last day of the month were originally set as the expiration termination date of this agreementhereof.

Appears in 1 contract

Samples: Employment Agreement (Littlefield Adams & Co)

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