Termination of Consignment Sample Clauses

Termination of Consignment. WH may terminate this contract at any time. If either party terminates the agreement, WH will relinquish the goods to the Consignor with no commission.
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Termination of Consignment. (a) The term "
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Termination of Consignment. Consignor or designXchange may terminate this contract at any time. If either party terminates the agreement, designXchange will relinquish the goods to the Consignor with no commission.
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Termination of Consignment. Customer or Consignee may terminate this contract at any time. If either party terminates the agreement, Consignee will make the Goods available to Customer for pick-up within 3 days at: 000 X Xxxxxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxxx 00000
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Termination of Consignment. Either party may at any time terminate this Agreement with respect to all or any of the Consigned Products by 30 days' notice to the other. If the Consigned Products are part of a Set or Agreement which includes Loaned Products, then this Agreement will terminate with respect to those Consigned Products if or when the associated loan of those Loaned Products terminates for such Set.
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Termination of Consignment. In the event of a breach of or default by either of ARI or Sub in respect of any of their respective covenants, representations or warranties contained in this Agreement or in any of the other agreements, instruments, certificates of documents contemplated hereby or a breach of or default by Xxxxxxxx under that certain Personal Guaranty, dated as of January 29, 1998, MCM may, in its sole discretion, either (i) terminate the provisions of the Article II regarding Consigned Inventory, in which event ARI and Sub agree that they shall promptly return (at their sole cost and expense) all Consigned Inventory to MCM and shall cooperate with MCM to effect the orderly termination of the consignment relationship created hereunder, or (ii) accelerate and declare the remaining unpaid balance of the Consignment Fee immediately due and payable, in which event Sub shall pay to MCM in full the remaining unpaid balance of the Consignment Fee in immediately available federal funds and, upon receipt thereof by MCM, title to all remaining Consigned Inventory shall be transferred from MCM to Sub and the provisions of this Article II shall terminate.
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Termination of Consignment. (a) The term "Consignment Termination Event," wherever used herein, means any of the following events or conditions (whatever the reason for such Consignment Termination Event and whether it shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to or in compliance with any governmental rule or government action): (i) the occurrence of an Event of Default; (ii) the sale or other disposition by Consignee hereunder of all Parts included in the Consigned Inventory; (iii) the third anniversary of the Effective Date; (iv) the expiration of the Force Majeure Waiting Period. (b) Upon the occurrence of any Consignment Termination Event described in (a)(i) above, Consignor shall have the right at any time after the occurrence thereof upon written notice to Consignee to terminate the Consignment Period. Upon the occurrence of any Consignment Termination Event described in clauses (a)(ii) or (a)(iii) above, the Consignment Period shall automatically terminate. Upon the occurrence of the Consignment Termination Event described in clause (a)(iv) above, the party whose performance is not affected by the force majeure shall have the right at any time upon written notice to the other party to terminate the Consignment Period. The date on which the Consignment Period shall be terminated hereunder shall be referred to herein as the "Consignment Termination Date." On the Consignment Termination Date, the Consignment Period shall end and the provisions of Section 2.3(k) hereof shall apply. Notwithstanding anything to the contrary set forth in this Agreement, on or within 30 days after the Consignment Termination Date, all amounts which are then owed to Consignee under any provision of this Agreement shall be paid to Consignee by wire transfer of immediately available funds and the Consignment Period shall end until such payment shall have been received. (c) The term "Event of Default," wherever used in this Section 9.1, means any of the following events or conditions (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to or in compliance with any governmental rule or governmental action): 22 <PAGE> (i) Consignee shall fail to make any payment not in dispute (any and all undisputed portions shall be timely paid) when due under this Agreement and such payment shall remain overdue for a period of three Business Days; (ii) Consignee shal...
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Termination of Consignment. Customer or Consignee may terminate this contract at any time. If either party terminates the agreement, Consignee will return the Goods to Customer as soon as practicable at: [ ] Customer's place of business at _________________________. [ ] Consignee's place of business at _________________________. [ ] Other: _____________________________________________.
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Related to Termination of Consignment

  • Termination of Contracts Neither the Company nor any of its Subsidiaries has sent or received any communication regarding termination of, or intent not to renew, any material contract or agreement referred to or described in the Registration Statement, the Pricing Disclosure Package and the Final Prospectus or filed as an exhibit to the Registration Statement, and no such termination or non-renewal has been threatened by the Company or any of its Subsidiaries or by any other party to any such contract or agreement.

  • Termination of Contract The Department may terminate the Contract for refusal by the Contractor to comply with this section by not allowing access to all public records, as defined in Chapter 119, F. S., made or received by the Contractor in conjunction with the Contract.

  • Termination of Conversion Rights In the event of a liquidation, dissolution or winding up of the Corporation or a Deemed Liquidation Event, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any such amounts distributable on such event to the holders of Preferred Stock.

  • Company Obligations upon Termination Upon termination of Executive’s employment pursuant to any of the circumstances listed in this Section 3, Executive (or Executive’s estate) shall be entitled to receive the sum of: (i) the portion of Executive’s Annual Base Salary earned through the Date of Termination, but not yet paid to Executive; (ii) any expense reimbursements owed to Executive pursuant to Section 2(e); and (iii) any amount accrued and arising from Executive’s participation in, or benefits accrued under any employee benefit plans, programs or arrangements, which amounts shall be payable in accordance with the terms and conditions of such employee benefit plans, programs or arrangements (collectively, the “Company Arrangements”). Except as otherwise expressly required by law (e.g., COBRA) or as specifically provided herein, all of Executive’s rights to salary, severance, benefits, bonuses and other compensatory amounts hereunder (if any) shall cease upon the termination of Executive’s employment hereunder. In the event that Executive’s employment is terminated by the Company for any reason, Executive’s sole and exclusive remedy shall be to receive the payments and benefits described in this Section 3(c) or Section 4, as applicable.

  • Termination of Consulting Agreement As of the Effective Date, the Consulting Agreement is hereby terminated and is of no further force or effect.

  • Merger or Consolidation of, or Assumption of the Obligations of, Seller Any Person: (a) into which the Seller may be merged or consolidated, (b) that may result from any merger or consolidation to which the Seller shall be a party or (c) that may succeed to the properties and assets of the Seller substantially as a whole, which Person (in any of the foregoing cases) executes an agreement of assumption to perform every obligation of the Seller under this Agreement (or is deemed by law to have assumed such obligations), shall be the successor to the Seller hereunder without the execution or filing of any document or any further act by any of the parties to this Agreement; provided, however, that: (i) immediately after giving effect to such transaction, no representation or warranty made pursuant to Section 3.1 shall have been breached and no Servicer Default, and no event that, after notice or lapse of time, or both, would become a Servicer Default shall have occurred and be continuing, (ii) the Seller shall have delivered to the Trustee and the Indenture Trustee an Officer’s Certificate and an Opinion of Counsel each stating that such consolidation, merger or succession and such agreement of assumption comply with this Section and that all conditions precedent, if any, provided for in this Agreement relating to such transaction have been complied with, (iii) the Rating Agency Condition shall have been satisfied with respect to such transaction and (iv) the Seller shall have delivered to the Trustee and the Indenture Trustee an Opinion of Counsel either: (A) stating that, in the opinion of such counsel, all financing statements, continuation statements and amendments thereto have been executed and filed that are necessary fully to preserve and protect the interest of the Trustee and Indenture Trustee, respectively, in the Receivables and reciting the details of such filings, or (B) stating that, in the opinion of such counsel, no such action shall be necessary to preserve and protect such interests. Notwithstanding anything herein to the contrary, the execution of the foregoing agreement of assumption and compliance with clauses (i), (ii), (iii) and (iv) shall be conditions to the consummation of the transactions referred to in clauses (a), (b) or (c).

  • Termination of Voting Rights All of the rights of a Beneficiary with respect to the Beneficiary Votes exercisable in respect of the Exchangeable Shares held by such Beneficiary, including the right to instruct Trustee as to the voting of or to vote personally such Beneficiary Votes, shall be deemed to be surrendered by the Beneficiary to Parent, and such Beneficiary Votes and the Voting Rights represented thereby shall cease immediately upon the delivery by such holder to Trustee of the certificates representing such Exchangeable Shares in connection with the exercise by the Beneficiary of the Exchange Right or the occurrence of the automatic exchange of Exchangeable Shares for Parent Common Shares, as specified in Article 5 (unless, in either case, Parent shall not have delivered the requisite Parent Common Shares issuable in exchange for the Exchangeable Shares to Trustee for delivery to the Beneficiaries), or upon the redemption of Exchangeable Shares pursuant to Article 6 or 7 of the Exchangeable Share Provisions, or upon the effective date of the liquidation, dissolution or winding-up of ExchangeCo pursuant to Article 5 of the Exchangeable Share Provisions, or upon the purchase of Exchangeable Shares from the holder thereof by ExchangeCo pursuant to the exercise by ExchangeCo of the Retraction Call Right, the Redemption Call Right or the Liquidation Call Right.

  • Merger or Consolidation of, or Assumption of the Obligations of, Servicer Any Person (i) into which the Servicer shall be merged or consolidated, (ii) resulting from any merger, conversion or consolidation to which the Servicer shall be a party or (iii) that shall succeed by purchase and assumption to all or substantially all of the business of the Servicer, which Person in any of the foregoing cases is an Eligible Servicer and executes an agreement of assumption to perform every obligation of the Servicer under this Agreement, shall be the successor to the Servicer under this Agreement without the execution or filing of any other document or any further act on the part of any of the parties to this Agreement; provided, however, that (x) the Servicer shall have delivered to the Depositor, the Owner Trustee and the Indenture Trustee an Officer’s Certificate and an Opinion of Counsel each stating that such merger, conversion, consolidation or succession and such agreement of assumption comply with this Section 7.3 and (y) the Servicer shall have delivered to the Depositor, the Owner Trustee and the Indenture Trustee an Opinion of Counsel either (A) stating that, in the opinion of such counsel, all financing statements and continuation statements and amendments thereto have been authorized and filed that are necessary to fully preserve and protect the interest of the Trust and the Indenture Trustee, respectively, in the Receivables, and reciting the details of such filings or referring to prior Opinions of Counsel in which such details are given, or (B) stating that, in the opinion of such counsel, no such action shall be necessary to fully preserve and protect such interest. The Servicer shall provide prior written notice of any merger, conversion, consolidation or succession pursuant to this Section 7.3 to the Rating Agencies. Notwithstanding anything to the contrary contained herein, the execution of the foregoing agreement of assumption and compliance with clauses (x) and (y) above shall be conditions to the consummation of the transactions referred to in clauses (i), (ii) and (iii) above.

  • Obligations Upon Termination Upon termination of this Agreement, either party shall, at the request of the other party, return any document, material, database, equipment, or software containing the Confidential Information to the other party. If, for any reason, such document, material, database, equipment, or software cannot be returned, either party shall destroy all the Confidential Information belonging to the other party and delete such Confidential Information from any memory devices. No party shall be permitted to continue using the Confidential Information in any way after the termination of this Agreement.

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