Termination of Addendum Sample Clauses
The 'Termination of Addendum' clause defines the conditions and procedures under which an addendum to a contract can be ended before its natural expiration. Typically, this clause outlines who may initiate termination, the required notice period, and any obligations that must be fulfilled upon termination, such as final payments or return of materials. Its core function is to provide a clear and agreed-upon process for ending the addendum, thereby reducing uncertainty and potential disputes between the parties.
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Termination of Addendum. Either party may terminate this Addendum (i) for any reason by giving the other party at least one-hundred and eighty days' prior written notice in the case of notice of termination by State Street to the Customer or thirty days' notice in the case of notice from the Customer to State Street of termination; or (ii) immediately for failure of the other party to comply with any material term and condition of the Addendum by giving the other party written notice of termination. In the event the Customer shall cease doing business, shall become subject to proceedings under the bankruptcy laws (other than a petition for reorganization or similar proceeding) or shall be adjudicated bankrupt, this Addendum and the rights granted hereunder shall, at the option of State Street, immediately terminate with notice to the Customer. This Addendum shall in any event terminate as to any Customer within 90 days after the termination of the Custodian Agreement applicable to such Customer.
Termination of Addendum. If Business Associate should fail to perform any of its obligations hereunder, or materially breach any of the terms of Addendum, County may terminate Addendum immediately upon provision of notice stating the reason for such termination to Business Associate. County, within its sole discretion, may elect to give Business Associate an opportunity to cure such breach.
Termination of Addendum. This Addendum will terminate on the earliest date that one of the following events occurs: 1) the date Your Financing Contract is scheduled to terminate; 2) upon payment in full of the Financing Contract; 3) expiration of any redemption period following the repossession or surrender of the Collateral; 4) in the event of a Constructive Total Loss or theft of the Collateral; or 5) the date the Financing Contract is prepaid or the Financing Contract is refinanced.
Termination of Addendum. This Addendum shall terminate upon execution of a new Addendum A or by termination of the Agreement and any extensions.
Termination of Addendum. This addendum shall be effective from the date signed by both parties until terminated. Either party has the right to terminate this Addendum with thirty (30) days’ notice to the other Party or will be terminated if the Dealer Agreement is terminated for any reason. If this Amendment is terminated for any reason all Vehicle Service Contracts must be paid to DLP within thirty (30) days after the termination is effective.
Termination of Addendum. (i) Company and Business Associate specifically acknowledge and agree that a breach of any term of this Section E shall be considered a breach of a material term of the Addendum and Company may terminate the Addendum in accordance with the Addendum’s termination provision.
Termination of Addendum. Any Addendum may be terminated as follows, unless such Addendum provides otherwise:
5.3.1. By TAT, upon thirty (30) days written notice, with or without cause.
5.3.2. By TAT, upon ten (10) days written notice, if BRC is in material breach of its obligations under such Addendum and such breach, if capable of remedy, has not been remedied to the reasonable satisfaction of TAT at the expiry of 60 days following receipt by BRC of a notice in writing from TAT notifying BRC of such breach and reasonably indicating the steps required to be taken to remedy the failure;
5.3.3. By BRC, upon ten (10) days written notice, if TAT is in material breach of its obligations under such Addendum and such breach, if capable of remedy, has not been remedied to the reasonable satisfaction of BRC at the expiry of 60 days following receipt by TAT of a notice in writing from BRC notifying TAT of such breach and reasonably indicating the steps required to be taken to remedy the failure.
5.3.4. By BRC, upon sixty (60) days' written notice, if BRC ceases to have available the personnel or resources required to perform the Services under such Addendum, provided that this section 5.3.4 will not apply with respect to personnel or resources designated by BRC as being dedicated to the performance of the Services.
Termination of Addendum. Either party may terminate this Addendum upon thirty (30) calendar days written notice to the other; provided however that HVCU may terminate this Addendum immediately without notice upon its determination that you are in violation of the Rules or applicable laws or if you initiate any bankruptcy proceeding or are otherwise declared insolvent. Any termination of this Addendum shall not affect any of HVCU’s rights or your obligations with respect to any Entries initiated by you prior to such termination, or the payment obligations of you with respect to services performed by HVCU prior to termination, or any other obligations that survive termination of this Addendum. Your obligation with respect to any Entry shall survive termination of this Addendum until any applicable statute of limitation has elapsed.
Termination of Addendum by CMS CMS may terminate this addendum in accordance with 42 C.F.R. 423.509. (Refer to Article X for consequences of non-renewal on the Capitated Financial Alignment Contract.)
Termination of Addendum. This ADDENDUM of the AGREEMENT may be terminated with or without terminating the AGREEMENT itself, by you, your recruiting agent, Independent Marketing Organization, or us at any time. Notification by you or us of termination of the AGREEMENT will also immediately terminate the Company’s obligations under this ADDENDUM. Agent’s Name (please print) Agent Number Date By: Agent’s Signature (1)
(1) If partnership, a general agent must sign. If corporation, an authorized executive officer must sign.