Termination of a Party’s Participation Sample Clauses

Termination of a Party’s Participation. The Project Leader is entitled to terminate (‘opzeggen’) a Party’s participation to the Consortium Agreement with immediate effect upon written notice to that Party in the following events, notwithstanding the right to terminate because of default (‘ontbinden’):
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Termination of a Party’s Participation. The Project Committee is entitled to terminate a Party’s participation to the Consortium Agreement with immediate effect upon written notice by the Coordinator or, if the Coordinator is subject to the termination, the Party appointed by the Project Committee, towards that Party, in the following events: Insolvency. If a Party is declared bankrupt or granted suspension of payments, or if an application is filed to that end or its business is liquidated or discontinued;
Termination of a Party’s Participation. The Project Committee is entitled to terminate a Party’s participation to the Consortium Agreement with immediate effect upon written notice by the Coordinator or, if the Coordinator is subject to the termination, the Party appointed by the Project Committee, towards that Party, in the following events: Insolvency. If a Party is declared insolvent or granted suspension of payments, or a insolvency / winding-up petition has been filed in respect of such Party to that end or its business is liquidated, dissolved or discontinued; Decision METC. If the judgement of the competent medical research ethics committee that has assessed the Project is irrevocably revoked;
Termination of a Party’s Participation. A Party may terminate its participation in this JPA by delivering written notice of termination to the Parties more than 180 days prior to the end of the JPA fiscal year in which such notice is to be effective. Termination of a Party’s participation shall not terminate the JPA. Parties terminating their participation shall not be entitled to any refund or reimbursement of funds contributed by the Party or of funds acquired by the ECCoG from any source, except as provided in Art. IV(D)(2) herein. In the event that the terminating Party pledged revenue against a revenue bond or other bond, the obligation to contribute shall not xxxxx as a result of the termination but shall continue until the obligation is fully satisfied.
Termination of a Party’s Participation. The Management Board is entitled to terminate a Party’s participation to the Consortium with immediate effect upon written notice by the Research Leader or, if the Research Leader is subject to the termination, the Party appointed by the Management Board, towards that Party, in the following events:
Termination of a Party’s Participation. A Party may terminate their participation in this JPA by delivering written notice of termination to all other Parties more than 180 days prior to the end of the JPA fiscal year in which such notice is given and shall be effective at the end of the fiscal year in which notice is given. Termination of a Party’s participation shall not terminate the JPA. Parties terminating their participation shall not be entitled to any refund or reimbursement from the tax based funding.

Related to Termination of a Party’s Participation

  • Termination of Participation If the Administrator determines in good faith that the Executive no longer qualifies as a member of a select group of management or highly compensated employees, as determined in accordance with ERISA, the Administrator shall have the right, in its sole discretion, to cease further benefit accruals hereunder.

  • Termination of an Issuing Bank The Borrower may terminate the appointment of any Issuing Bank as an “Issuing Bank” hereunder by providing a written notice thereof to such Issuing Bank, with a copy to the Administrative Agent. Any such termination shall become effective upon the earlier of (i) such Issuing Bank’s acknowledging receipt of such notice and (ii) the fifth Business Day following the date of the delivery thereof; provided that no such termination shall become effective until and unless the LC Exposure attributable to Letters of Credit issued by such Issuing Bank (or its Affiliates) shall have been reduced to zero. At the time any such termination shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the terminated Issuing Bank pursuant to Section 2.12(b). Notwithstanding the effectiveness of any such termination, the terminated Issuing Bank shall remain a party hereto and shall continue to have all the rights of an Issuing Bank under this Agreement with respect to Letters of Credit issued by it prior to such termination, but shall not issue any additional Letters of Credit.

  • PARTICIPATION IN SIMILAR ACTIVITIES This agreement in no way restricts the U.S. Forest Service or from participating in similar activities with other public or private agencies, organizations, and individuals.

  • No Participation in Management Except as expressly permitted hereunder, the Limited Partners shall not take part in the management of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership.

  • Public Participation 79. This Consent Decree shall be lodged with the Court for a period of not less than 30 Days for public notice and comment in accordance with 28 C.F.R. ' 50.

  • Participation in Plans Notwithstanding any other provision of this Agreement, the Executive shall have the right to participate in any and all of the plans or programs made available by the Company (or it subsidiaries, divisions or affiliates) to, or for the benefit of, executives (including the annual stock option and restricted stock grant programs) or employees in general, on a basis consistent with other senior executives.

  • Joint Participation The parties hereto participated jointly in the negotiation and preparation of this Release, and each party has had the opportunity to obtain the advice of legal counsel and to review and comment upon the Release. Accordingly, it is agreed that no rule of construction shall apply against any party or in favor of any party. This Release shall be construed as if the parties jointly prepared this Release, and any uncertainty or ambiguity shall not be interpreted against one party and in favor of the other.

  • Continued Participation If Contractor elects to defend the claim, the City may retain separate counsel to participate in (but not control) the defense and to participate in (but not control) any settlement negotiations.

  • Program Participation By participating in the CRF Program, Grantee agrees to: a. Not increase any Eligible Household’s rent through January 2021; b. Waive all costs, fees and charges incurred by Eligible Households as a result of non- payment or partial payment of rent during the impacted months; c. Not consider non-payment or partial payment by Eligible Households during impacted months when considering renewal of an Eligible Household’s lease, or, share this information with other rental properties, credit bureaus and tenant screening companies; d. Not initiate new Eligible Household evictions for non-payment of rent and must suspend all pending evictions of Eligible Households for nonpayment of rent for the duration of the rental payment assistance; e. Not issue a notice to vacate to Eligible Households for nonpayment of rent until the end of the Eviction Relief Period; and f. Not require Eligible Households to vacate the unit until 30 days after such notice.

  • Joint Participation in Drafting Each party to this Agreement has participated in the negotiation and drafting of this Agreement and the other Transaction Documents. As such, the language used herein and therein shall be deemed to be the language chosen by the parties hereto to express their mutual intent, and no rule of strict construction will be applied against any party to this Agreement.

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