Termination of Charter Sample Clauses

Termination of Charter. SCSB may terminate this Charter for those reasons provided in state law, USBE rule, or for material breach of this Agreement31 subject to the right of appeal as provided in U.C.A. §53G-5-503. In addition, the Governing Board may voluntarily terminate this Agreement.32 In the case of any termination whether it is voluntary, or initiated by SCSB action, and after the settlement of all outstanding obligation from the assets on hand, there is a presumption 28 U.C.A. §53G-5-501(2)(a)(i) 29 U.C.A. §53G-5-501(2)(a)(ii) 30 U.C.A. §53G-5-501(2)(a)(iii) 31 U.C.A. §53G-5-503 32 U.C.A. §53G-5-504(c) that the property of a School shall revert to the SCSB.33 A School may defeat the presumption of SCSB ownership with documentation that the School purchased the property with private funding, and compelling documentation exists that the School or its founders or directors were never reimbursed from public funds.
AutoNDA by SimpleDocs
Termination of Charter. SCSB may terminate this Charter for those reasons provided in state law, USBE rule, or for material breach of this Agreement31 subject to the right of appeal as provided in U.C.A. §53A-1a-510. In addition, the Governing Board may voluntarily terminate this Agreement.32 In the case of any termination whether it is voluntary, or initiated by SCSB action, and after the settlement of all outstanding obligation from the assets on hand, there is a presumption that the property of a School shall revert to the SCSB.33 A School may defeat the presumption of SCSB ownership with documentation that the School purchased the property with private funding, and compelling documentation exists that the School or its founders or directors were never reimbursed from public funds.34
Termination of Charter. 26.1 The SBE may terminate this Charter on any of the following grounds: a. Failure to meet the requirements for student performance; b. Failure to meet generally accepted standards of fiscal management; c. Violation of law; d. Material violation of any of the conditions, standards, or procedures set forth in the Charter; e. Two-thirds of the faculty and instructional support personnel at the Public Charter School request termination or nonrenewal; or f. Other good cause warranting nonrenewal or termination. 26.2 The following procedures will apply to the termination proceedings: a. When sufficient information exists to initiate termination of a Charter, DPI shall give the Nonprofit written notice of its intention to initiate revocation of the Charter. The notice will be sent by certified mail, return receipt requested, and shall state in reasonable detail the grounds for the recommendation. b. If information available to the SBE indicates that the Public Charter School’s current operation poses an immediate threat to the education, health, safety, or welfare of the Public Charter School’s students or employees or the public, the SBE may take appropriate protective action pending a final decision on the termination of the Charter. 26.3 If the Nonprofit objects to a termination or nonrenewal of the Charter, it must, within ten days following the date on which notice of the SBE’s action was mailed, deliver to the State Board of Education a written request for a review by the SBE. If the Nonprofit fails to deliver a timely request for review, the Charter shall terminate on the eleventh day after the date the notice was mailed in the case of a termination, or upon the expiration of the charter in the case of a nonrenewal. If a timely request for a review is made by the Nonprofit, the Chair of the SBE may approve an independent Hearing Officer to consider the appeal. The Hearing Officer may review the matter with or without a formal hearing. If the Hearing Officer elects to conduct a hearing, the hearing shall be held within 30 days of receipt of the written request, unless otherwise agreed to by the parties. At the conclusion of its review, the Hearing Officer shall submit a written recommendation to the SBE. Unless the SBE and the Nonprofit otherwise agree, the SBE shall make a final decision at its next regularly scheduled meeting. 26.4 In the event that the Nonprofit is required to cease operation for any reason, including but not limited to non-renewal, re...
Termination of Charter. Notwithstanding anything contained in the Charter, if and when the Mortgagee becomes entitled to put into force and exercise all the powers possessed by it as mortgagee of the Ship or otherwise pursuant to the Mortgage or at any time thereafter, the Mortgagee shall be entitled (but not bound) to determine the Charter at any time by notice in writing to the Owner and the Charterer which notice shall operate to determine the Charter forthwith if the Ship is then in port and free of cargo or otherwise upon completion of the voyage (including discharge of cargo if any) upon which the Ship was engaged at the time when the said notice to determine was given. Upon determination of the Charter pursuant to this clause 16.1 hereof all liabilities whatsoever of the Owner thereunder shall be absolutely discharged and extinguished.
Termination of Charter. Society may revoke the Affiliation and terminate this Agreement in the event the Region/Affiliate breaches any of the terms of this Agreement or acts contrary to the best interests of Society, in the Society’s sole discretion. Upon receipt of notice of revocation or termination, the Region/Affiliate must: (a) Immediately cease all activities conducted in support of Society pursuant to this Agreement; (b) Immediately cease using Society’s name and logo (and any modified versions thereof), and immediately cease and terminate any representation of affiliation with Society in any correspondence, brochures, newsletters, web pages, or any other documents and information produced or published by the Region/Affiliate in any format through name, statement, nomenclature, logo, graphic design, or other means; and (c) Immediately surrender to the Society all assets being held by the Region/Affiliate, including but not limited to funds, accounts, records, and files.
Termination of Charter. Notwithstanding anything contained in the Charter, if and when the Security Agent becomes entitled to put into force and exercise all the powers possessed by it as mortgagee of the Ship or otherwise pursuant to the Mortgage or at any time thereafter, the Security Agent shall be entitled (but not bound) to terminate the Charter at any time by notice in writing to the Owner and the Charterer which notice shall operate to terminate the Charter forthwith if the Ship is then in port and free of cargo or otherwise upon completion of the voyage (including discharge of cargo if any) upon which the Ship was engaged at the time when the said notice to terminate was given.
Termination of Charter. Either party may terminate the charter granted to the Support Group/Chapter: (a) for any reason upon sixty (60) days written notice to the other party, and (b) upon ten (10) days notice to the other party in the event of the other party’s material breach of this Agreement; provided, a Chapter may request an opportunity to present an objection to a proposed termination to the Us TOO International Incorporated Board of Directors, in which case the proposed termination shall not become effective until ratified by the Us TOO International Incorporated Board of Directors. Notwithstanding anything in this Agreement to the contrary, upon delivery of notice of termination, for any reason and by either party, the Support Group/Chapter shall promptly deliver to Us TOO International Incorporated a current roster of all members of the Chapter, including all contact information, to enable Us TOO International Incorporated to communicate with such members. From and after the date of termination, the Support Group/Chapter shall cease to identify itself as a Support Group/Chapter of Us TOO International Incorporated and may only utilize printed material bearing any xxxx of Us TOO International Incorporated with Us TOO International Incorporated’s specific written permission for post- termination use.
AutoNDA by SimpleDocs
Termination of Charter. Except with approval (which approval shall not be unreasonably withheld or delayed), the Borrower shall not terminate or rescind any Charter Document or withdraw the Ship from service under the Charter or take any similar action.
Termination of Charter. Failure to comply with requirements contained within this Section may result in termination of the Charter.
Termination of Charter. Subject to Utah Code 53G-5-501 and 53G-5-503, the Cache Board may terminate this Charter on any of the following grounds: • Failure of InTech or the InTech Board to meet the requirements stated in this Charter Agreement; • Failure of the InTech Board to meet generally accepted standards of fiscal management; • Violation of law committed by InTech or the InTech Board; • Failure to meet the requirements for student performance under state or federal law; • Other good causes demonstrated. The InTech Board may terminate this Charter after the end of any school year with or without cause, provided that notice is received by the Cache Board at least 60 days prior to the termination.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!