Termination in the Event of Default. Except as set forth in Section 17.1(d), without limiting any other provision of this Agreement, if an Event of Default with respect to the Company or the Operator (such defaulting Party, the “Defaulting Party”) has occurred and is continuing, the Non-Defaulting Party shall have the right, immediately and at any time(s) thereafter, to terminate this Agreement upon written notice to the Defaulting Party.
Termination in the Event of Default. Either party may terminate this Agreement immediately, in the event the other party: (i) is judged bankrupt or insolvent; (ii) makes a general assignment for the benefit of its creditors; (iii) a trustee or receiver is appointed for such party or for any of its property; or (iv) any petition by or on behalf of such party is filed under any bankruptcy or similar laws.
Termination in the Event of Default. Should Contractor fail to perform any of its obligations hereunder, within the time and in the manner provided or otherwise violate any of the terms of this Contract, City may immediately terminate this Contract by giving written notice of such termination, stating the reasons for such termination. Contractor shall be compensated as provided in Section 12 of these General Conditions; provided, however, there shall be deducted from such amount the amount of damage, including attorney's fees, expert witness fees and costs, if any, sustained by City by virtue of Contractor's breach of this Contract. Additionally, in the event of such termination, the City may proceed with the work in any reasonable manner it chooses.
Termination in the Event of Default. The Agreement terminates automatically in the event (i) Licensee becomes insolvent; (ii) Licensee makes an assignment for the benefit of creditors; (iii) Licensee files or has filed against it a petition in bankruptcy or seeking reorganization; (iv) Licensee has a receiver appointed; or (v) Licensee institutes any proceedings for liquidation or winding up or has such proceedings instituted against it. In addition, Licensor may terminate the Agreement and all related rights that Licensee may have immediately and without notice if Licensor has reasonable grounds to suspect that Licensee is using the Licensed Software for any purpose which contravenes any applicable law.
Termination in the Event of Default. Upon the occurrence of an Event of Default, and in the absence of a timely cure pursuant to Section 11.3, the non-defaulting party may terminate this Agreement, effective immediately upon written notice to the defaulting party.
Termination in the Event of Default. Subject to Articles 23.3 and 22.6, EPE or Generator may each terminate this Agreement upon the default by the other Party upon: (a) providing written notice of termination to the other Party; and (b) to the extent required, filing a notice of termination with FERC, which must be accepted for filing by FERC.
Termination in the Event of Default. Landlord may, at Landlord's election, terminate this Lease in the event of default by giving Tenant notice of termination. On the giving of the notice, all Tenants' rights in the Leased Premises shall terminate. Promptly after notice of termination, Tenant shall surrender and vacate the Leased Premises and all Improvements not required to be removed, and Landlord may re-enter and take possession of the Leased Premises and all remaining improvements. Termination under this paragraph shall not relieve Tenant from the payment of any sum then due to Landlord or from any claim for damages previously accrued or accruing against Tenant, or any other relief available to Landlord.
Termination in the Event of Default. In the Event of Default by either party (the “defaulting party”), the other party (the “non-defaulting party”) may terminate the SLA by providing written notice of such termination to the defaulting party. Such written notice shall describe (a) the Event of Default, and (b) in the case of a breach that could have been cured in accordance with Section 13, the defaulting party’s failure to cure such breach within the stipulated cure period. The non-defaulting party’s right to terminate the SLA pursuant to this Section 19.3 is in addition to any other rights and remedies provided to the non-defaulting party by law or under these General Terms and Conditions.
Termination in the Event of Default. In addition to each party's ability to terminate this Agreement in accordance with Section 2 of this Agreement and with CAS' ability to terminate in accordance with Section 3.4(a) of this Agreement, either party may terminate this Agreement upon the occurrence of any Event of Default, in accordance with the terms of Section 13.2.
Termination in the Event of Default. Should Consultant fail to perform any of its obligations hereunder, within the time and in the manner provided or otherwise violate any of the terms of this Agreement, the City may immediately terminate this Agreement by giving written notice of such termination, stating the reasons for such termination. Consultant shall be compensated as provided immediately above, provided, however, there shall be deducted from such amount the amount of damages if any, sustained by the City by virtue of Consultant's breach of this Agreement.
