Termination for Convenience by Phoenix Sample Clauses

Termination for Convenience by Phoenix. (a) Upon ninety (90) days’ advance written notice to Developer prior to a specified date of termination (“Termination Date”), Phoenix may terminate this Agreement at its convenience and Developer shall surrender the Project Site to Phoenix, provided that in connection with any such termination implemented under item (i) below and for the consideration set out in Exhibit J, Section 1 (Processing Facility Surrender Cost) that occurs earlier than the Commercial Operations Date, Developer shall, at Phoenix’ option, exercised explicitly in such notice, complete the Processing Facility. Developer shall, upon written notice from Phoenix given at any time after the Commercial Operations Date, provide to Phoenix in writing, within ten Business Days, Developer’s best estimate of the total cost to Phoenix associated with a Phoenix termination for convenience under Exhibit J, Section 1 (Processing Facility Surrender Cost) or Section 2 (Processing Facility Demobilization and Removal Cost) associated with a contingent Termination Date proposed by Phoenix, including all related administrative, breakage, prepayment, and other costs, penalties, fees and charges. At Phoenix’ request in connection with any such written notice, Developer shall also provide Phoenix with Developer’s proposed form of sales agreement relating to a termination for convenience involving Exhibit J, Section 1 (Processing Facility Surrender Cost). Upon Developer’s surrender of the Project Site by the Termination Date, Phoenix shall, at Phoenix’ option, pay to Developer either:
AutoNDA by SimpleDocs
Termination for Convenience by Phoenix 

Related to Termination for Convenience by Phoenix

  • Termination for Convenience TIPS may, by written notice to Vendor, terminate this Agreement for convenience, in whole or in part, at any time by giving thirty (30) days’ written notice to Vendor of such termination, and specifying the effective date thereof.

  • Termination by Owner The Owner may terminate this Agreement in whole or in part, for the failure of the Consultant to:

  • Termination by Mutual Consent This Agreement may be terminated at any time prior to the Closing Date by the mutual written consent of the Company and the Purchasers.

  • Termination by Contractor Contractor may, at its option, terminate this Contract upon the failure of MPS to pay any amount, which may become due hereunder for a period of sixty (60) days following submission of appropriate billing and supporting documentation. Upon said termination, Contractor shall be paid the compensation due for all services rendered through the date of termination including any retainage.

  • Termination by Xxxxxx Xilinx may terminate this Agreement for material breach by Licensee, provided that Xilinx has given written notice to Licensee of such breach and Licensee fails to cure such breach within thirty (30) days thereof; provided, however, in the event of a breach of confidentiality under Section 7 whereby unauthorized disclosure and/or dissemination by electronic or other means is likely to cause undue harm to Xilinx, then Xilinx may, at its discretion, immediately terminate this Agreement and seek other appropriate equitable and legal remedies as deemed necessary to protect its interests hereunder.

  • Termination by Manager Manager shall have the right to terminate this Agreement at any time, with or without cause, upon sixty (60) days written notice to Owner. Manager shall also have the right to terminate this Agreement upon thirty (30) days written notice to Owner for non-payment of fees and expenses due Manager under the terms of this Agreement

  • Termination by Tenant In the event that the destruction to the Premises cannot be restored as required herein under applicable laws and regulations within two hundred seventy (270) days of the damage or casualty, notwithstanding the availability of insurance proceeds, Tenant shall have the right to terminate this Lease by giving the Landlord notice thereof within thirty (30) days of date of the occurrence of such casualty specifying the date of termination which shall not be less than thirty (30) days nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent, reduced by any proportionate reduction in Rent as provided for in Section 18.1 above, shall be paid to the date of such termination.

  • Termination by Lessor Lessor may terminate the lease at any time if any of the following shall happen:

  • Termination by Seller This Agreement may be terminated at any time prior to the Closing by Seller, by written notice to Buyer:

  • Termination by Notice Notwithstanding any provision of this Agreement, it may be terminated at any time without penalty, by the Trustees of the Trust or, with respect to any series or class of the Trust's shares, by the vote of the majority of the outstanding voting securities of such series or class, or by MM-LLC, upon thirty days written notice to the other party.

Time is Money Join Law Insider Premium to draft better contracts faster.