Termination of Master Services Agreement Sample Clauses

Termination of Master Services Agreement i. This agreement shall come into action from the moment of its acceptance and signing by all parties below and shall be considered as an active Master Services Agreement ii. Either party may terminate this Agreement or any SOW (unless otherwise set forth in such SOW) for convenience upon twenty (20) days written notice to the other party. In the event this Agreement is terminated, then all SOWS shall be terminated as well. iii. Termination or expiration of this Agreement shall not relieve either party of its obligations under Clauses 1 and Clauses 14.
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Termination of Master Services Agreement. Notwithstanding anything to the contrary set forth herein, in the event the Master Services Agreement is terminated (other than pursuant to a Standard Termination) and the Tranche A Shares have not become fully vested, the Holder shall be entitled to a Cash Value Payout equal to the Cash Value of this Warrant, if any, as of the date of such termination which shall be paid in cash or wire of immediately available funds to Holder within five (5) days following the determination of the Cash Value in accordance with
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Termination of Master Services Agreement. ‌ Either Party may terminate this Master Services Agreement immediately on written notice where the other Party is the subject of an Insolvency Event.
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Termination of Master Services Agreement. In consideration of the mutual covenants and agreements herein contained, the parties covenant and agree that the Master Services Agreement shall be deemed terminated effective January 1, 2007 (the “Termination Date”), excluding the surviving provisions specified in this paragraph which shall remain in full force and effect. From and after the Termination Date, each party shall be shall continue to be bound by and subject to Sections 5, 6, 9.2, and 18 of the Master Services Agreement, which Sections the Parties expressly acknowledge and agree shall survive termination of the Master Services Agreement and are expressly excluded from the general mutual releases set forth above. Notwithstanding anything to the contrary stated herein, SEI expressly consents, covenants and agrees, as a limited exception and without waiver of any of SEI’s other rights under Section 5 of the Master Services Agreement or otherwise, that Xformity may, without violating the Master Services Agreement or this Agreement, extend an offer of employment and/or employ the services of Xxxx Xxxxx.
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Termination of Master Services Agreement. (a) Either party may terminate the Master Services Agreement immediately by written notice upon the occurrence of one of the following events: (1) if the other party is in breach of this Master Services Agreement and that other party has failed to remedy that breach within thirty (30) days of a written notice to it from the first- mentioned party, specifying the breach and requiring it to be remedied; (2) an Insolvency Event occurs in respect of the other party. (b) The Master Services Agreement may be terminated by the mutual written agreement of the parties. (c) KMO may terminate the Master Services Agreement for any reason, upon providing Client with 30 days’ prior written notice of such termination. In this case, the Master Services Agreement terminates at the expiration of the period of notice.
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Termination of Master Services Agreement. The Parties hereby agree that, as of the effective date of the Agreement, the Master Services Agreement between the parties dated August 1, 2010 (the “Master Services Agreement”) is hereby terminated and of no further force or effect, and the Parties shall have no further rights or obligations thereunder, except for the provisions thereof, if any, that expressly survive such termination.” Table of Contents
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Related to Termination of Master Services Agreement

  • Termination of Management Agreement Evidence of the termination of any and all management agreements affecting the Property, effective as of the Closing Date, and duly executed by Seller and the property manager.

  • Master Services Agreement This Agreement is a master agreement governing the relationship between the Parties solely with regard to State Street’s provision of Services to each BTC Recipient under the applicable Service Modules.

  • Services Agreement “Services Agreement” shall mean any present or future agreements, either written or oral, between Covered Entity and Business Associate under which Business Associate provides services to Covered Entity which involve the use or disclosure of Protected Health Information. The Services Agreement is amended by and incorporates the terms of this BA Agreement.

  • Transitional Services Agreement Seller shall have executed and delivered the Transitional Services Agreement.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • Transition Services Agreement Seller shall have executed and delivered the Transition Services Agreement.

  • Termination of Master Lease If the Sublessor terminates their tenancy in the Premises under the Master Lease, the Sublessee agrees that if the Master Lease is terminated for any reason, this Agreement will terminate as of the same date.

  • TERMINATION OF EFT SERVICES You may terminate this Agreement or any EFT service under this Agreement at any time by notifying us in writing and stopping your use of your card and any access code. You must return all cards to the Credit Union. You also agree to notify any participating merchants that authority to make xxxx payment transfers has been revoked. We may also terminate this Agreement at any time by notifying you orally or in writing. If we terminate this Agreement, we may notify any participating merchants making preauthorized debits or credits to any of your accounts that this Agreement has been terminated and that we will not accept any further preauthorized transaction instructions. We may also program our computer not to accept your card or access code for any EFT service. Whether you or the Credit Union terminates this Agreement, the termination shall not affect your obligations under this Agreement for any electronic transactions made prior to termination.

  • Termination of License Agreement This Agreement will terminate automatically in the event that the License Agreement is terminated, provided that prior to such termination of this Agreement becoming effective, the Parties shall cooperate to wind down the activities being conducted hereunder as set forth in Section 15.5(b).

  • Termination of Agreements (a) Except as set forth in Section 2.7(b), in furtherance of the releases and other provisions of Section 4.1, each of UTC, Carrier and Otis and each member of their respective Groups hereby terminate any and all agreements, arrangements, commitments or understandings, whether or not in writing, between or among a Party and/or any member of such Party’s Group, on the one hand, and another Party and/or any member of such other Party’s Group, on the other hand, effective as of the applicable Effective Time. No such terminated agreement, arrangement, commitment or understanding (including any provision thereof that purports to survive termination) shall be of any further force or effect after the Effective Time. Each Party shall, at the reasonable request of the other Party, take, or cause to be taken, such other actions as may be necessary to effect the foregoing. (b) The provisions of Section 2.7(a) shall not apply to any of the following agreements, arrangements, commitments or understandings (or to any of the provisions thereof): (i) this Agreement and the Ancillary Agreements (and each other agreement or instrument expressly contemplated by this Agreement or any Ancillary Agreement to be entered into by any of the Parties or any of the members of their respective Groups or to be continued from and after the Effective Time); (ii) any agreements, arrangements, commitments or understandings listed or described on Schedule 2.7(b)(ii); (iii) any agreements, arrangements, commitments or understandings to which any Third Party is a party thereto (including any Shared Contracts); (iv) any intercompany accounts payable or accounts receivable accrued as of the Effective Time that are reflected in the books and records of the Parties or otherwise documented in writing in accordance with past practices, which shall be settled in the manner contemplated by Section 2.7(c); (v) any agreements, arrangements, commitments or understandings to which any non-wholly owned Subsidiary of UTC, Carrier or Xxxx, as the case may be, is a party (it being understood that directors’ qualifying shares or similar interests will be disregarded for purposes of determining whether a Subsidiary is wholly owned); and (vi) any agreements for the sale, lease, construction or receipt of goods, property or services purchased, obtained or used in the ordinary course of business by a member of any Group from a member of another Group prior to the Effective Time. (c) All of the intercompany accounts receivable and accounts payable between any member of a Party’s Group, on the one hand, and any member of another Party’s Group, on the other hand, outstanding as of the Effective Time shall, as promptly as practicable after the Effective Time, be repaid, settled or otherwise eliminated in a manner as determined by UTC in its sole and absolute discretion (acting in good faith).

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