Termination of Availability Clause Samples
The 'Termination of Availability' clause defines the conditions under which a party may end or suspend the provision of a service, product, or resource. Typically, this clause outlines specific triggers such as breach of contract, non-payment, or force majeure events that justify discontinuing availability. For example, a software provider may reserve the right to terminate user access if terms are violated or if the service is discontinued. The core function of this clause is to provide a clear framework for ending obligations, thereby managing risk and setting expectations for both parties in the event that continued availability is no longer feasible or desirable.
Termination of Availability. If the Closing Date does not occur on or before July 31, 1999, the Credit Facilities shall no longer be available and, subject to the obligations of the Borrowers under Section 13.05 (which shall continue), this Agreement shall terminate.
Termination of Availability. Treasury may, upon submitting to the Participating Municipalities written notification, terminate any or all of the Participating Municipalities’ Allocation of any portion of the Allocated Funds that Treasury has not disbursed to the Participating Municipalities by 2-years from the date of this Allocation Agreement.
Termination of Availability. Treasury may, upon submitting to the Participating State written notification, terminate the Participating State’s Allocation of any portion of the Allocated Funds that Treasury has not disbursed to the Participating State by 2-years from the date of this Allocation Agreement.
Termination of Availability. The Lender may, in its sole and absolute discretion, declare a termination of the Availability Period by giving written notice of such termination to the Borrower. Such notice shall be effective five (5) days after the delivery of such notice. Such termination shall not affect any then outstanding Advances or any Draw Requests which have been approved by the Lender.
Termination of Availability. 25 2.04 REVOLVING NATURE OF OPERATING FACILITY AND ACQUISITION FACILITY........25 2.05 NON-REVOLVING NATURE OF TERM FACILITY..................................25 2.06
Termination of Availability. The State shall have no obligation to make any disbursements to the Borrower under this Loan Agreement after the Project Completion Deadline, except for Costs of the Project incurred by the Borrower prior to the Project Completion Deadline.
Termination of Availability. Borrower hereby acknowledges and agrees that --------------------------- Borrower has no availability to request any advances under the Exim Agreement, as such Exim Agreement has been terminated on or before the date hereof, except for those obligations that specifically survive the repayment thereof. Further, Bank and Borrower each acknowledge and agree that the A/R Purchase Agreement has been cancelled and terminated and is of no further force or effect.
Termination of Availability. 18 Section 7.1 Termination of Availability . . . . . . . . 18 ARTICLE VIII. MISCELLANEOUS. . . . . . . . . . . . . . . . . 18 Section 8.1 Notices . . . . . . . . . . . . . . . . . . 18 Section 8.2 Entire Agreement. . . . . . . . . . . . . . 19 Section 8.3 Amendments. . . . . . . . . . . . . . . . . 19 Section 8.4 Assignment. . . . . . . . . . . . . . . . . 19 Section 8.5 Successors. . . . . . . . . . . . . . . . . 20 Section 8.6 Cumulative Rights . . . . . . . . . . . . . 20 Section 8.7 No Election . . . . . . . . . . . . . . . . 20