TERMINATION OF MOA. Either party may terminate this MOA at any time with or without cause by giving thirty (30) days’ written notice to the other party of the intent to terminate.
TERMINATION OF MOA. The MOA shall terminate, if not earlier terminated in accordance with its terms, and be of no further effect as of the Closing Date and the parties shall have no obligations with respect thereto.
TERMINATION OF MOA. This MOA may be terminated as follows:
TERMINATION OF MOA. GTA may terminate this MOA at any time should it determine, in its sole and absolute discretion, that there has been an event of default or that ISP is unlikely to complete the Project in a timely fashion or if ISP fails to comply or is likely to fail to comply with any one or more of ISP’s obligations under this MOA. If GTA terminates this MOA, ISP agrees to interpose no objection of any kind related to the achievement of universal broadband access under the BEAD Program. Upon termination, GTA may take such other actions it deems necessary to ensure proper deployment of broadband services for the purpose of broadband deployment to these locations. Event of Default. ISP shall be deemed to be in default under the terms of this MOA should any of the following occur as determined by GTA in its sole and absolute discretion: ISP undergoes a merger or transfer of its assets, and the new entity fails to or is unwilling to comply with the requirements of this MOA; A receiver is appointed for ISP; A voluntary or involuntary petition under Title 11 of the U.S. Code is filed in the United States Bankruptcy Court naming ISP as a party; ISP fails to properly or timely complete the Project; ISP, or any one or more of its subcontractors or any person or entity supplying labor, materials, work or equipment to ISP fails to timely and diligently prosecute the work of the Project; ISP fails to timely and fully pay all of its construction contractors on the Project; ISP, or any one or more of its subcontractors or any person or entity supplying labor, materials, work or equipment to ISP fails to cooperate with GTA regarding inspections; ISP fails to timely and properly comply with the reporting requirements established in this MOA; ISP violates any local, state or federal regulation, law or statute in connection with the prosecution of the Project; ISP otherwise commits a breach of this MOA and fails to cure said breach within five (5) business days following written notification of said breach from GTA; ISP fails to properly or timely make any one or more required reportings; ISP violates the terms of any permit or approval required for the prosecution of the work on the Project; ISP, or any one or more of its subcontractors or any person or entity supplying labor, materials, work or equipment to ISP, takes any action or commits any inaction that jeopardizes or causes the Project to not be properly or timely completed; and ISP fails to notify GTA of any event, action, inacti...
