Termination of the. Servicer in respect of a sale of Guarantor Purchased Loans
(a) Notwithstanding the terms of the Servicing Agreement (including Section 17.3 of the Servicing Agreement) or any other servicing agreement entered into with any Replacement Servicer, the servicing of any Related Loans shall not be terminated by the Guarantor or any purchaser in connection with any sale of Guarantor Purchased Loans forming part of such Related Loans unless the purchaser of such Guarantor Purchased Loans meets the requirements of a Replacement Servicer under Section 3.3 and enters into an agreement to service the Seller Retained Loans forming part of such Related Loans in accordance with the requirements of Section 3.3 or, where such purchaser will not be the servicer of such Loans, such purchaser enters into a servicing agreement to provide for the servicing of the Related Loans, including the Seller Retained Loans forming part of such Related Loans, in accordance with the requirements of Section 3.3 with a servicer that meets the requirements of a Replacement Servicer under Section 3.3.
(b) The person servicing Related Loans pursuant to any agreement entered into pursuant to Section 3.4(a) will be deemed to be a Replacement Servicer for purposes of this Agreement.
Termination of the employment relationship pursuant to this Agreement shall not terminate those obligations imposed by this Agreement which are continuing obligations, including, without limitation, Employee's obligations under Articles IV and V.
Termination of the. Agreement In addition to the conditions of outlined under this document, the Direct Access Agreement may be terminated as follows: 1. By mutual agreement of the Parties; or 2. By one of the Parties, with immediate effect, when the other Party is in material breach of the Agreement and does not or is not capable of remedying such breach within sixty (60) days of receipt of a written notice to such effect; or 3. By one of the Parties, with immediate effect, if the other Party becomes bankrupt or insolvent or if that other Party enters into any composition or arrangement with its creditors and that other Party is not able to ensure performance of its obligations under the Agreement by a guarantee from a first-class bank, payable on first written demand; or 4. Immediately in the event a final order by the relevant governmental authority revoking or denying renewal of the license(s) or permission to operate respective Party’s business that is required under this Agreement. In the event of termination of this Agreement, the following will apply: (a) Each Party shall pay to the other any undisputed outstanding invoices and other payments due to them in connection with this Agreement, and (b) Each Party shall use its best endeavors to cease the provision of IR Services as soon as reasonably practicable, (c) All rights and obligations of the Parties in connection with this Agreement will immediately cease to have effect, except that termination will not affect: • any of their respective accrued rights and obligations at the date of termination; and • any rights and obligations that expressly or by implication are intended to come into or continue in force including Articles 3 (Definitions and Interpretation), 10 (Confidentiality), 13 (Liability), 17 (Termination), 18 (Intellectual Property Rights), 20.4 (Severability) 20.8 (Entire Agreement), 20.12 (Survival) and 21 (Governing Law). Intellectual Property Rights Nothing in the Direct Access Agreement shall be deemed or construed as a transfer of title or ownership nor as the granting of any license, right to use and/or as giving rise to any encumbrance of any kind with regard to either Party’s Intellectual Property Rights.
Termination of the. Contract by the Buyer under this Clause will not limit, restrict or extinguish any rights which the Buyer may have against the Seller whether arising as a result of the termination or otherwise.
Termination of the. TRUST Section 10.01 Termination of the Trusts Created by Indenture.......................................58 Section 10.02 Optional Purchase of All Receivables.................................................59 ARTICLE XI MISCELLANEOUS Section 11.01 Compliance Certificates and Opinions, etc............................................59 Section 11.02 Form of Documents Delivered to Indenture Trustee.....................................61 Section 11.03 Acts of Noteholders..................................................................62 Section 11.04 Notices, etc., to Indenture Trustee, Issuer and Rating Agencies......................62 Section 11.05 Notices to Noteholders; Waiver.......................................................63 Section 11.06 Alternate Payment and Notice Provisions..............................................63 Section 11.07 Conflict with Trust Indenture Act....................................................63 Section 11.08 Effect of Headings and Table of Contents.............................................64 Section 11.09 Successors and Assigns...............................................................64 Section 11.10 Severability.........................................................................64 Section 11.11
Termination of the. Contract shall not affect any rights, remedies, obligations and liabilities of either of us as at the date of termination, including the right to claim in respect of any breach of the Contract which existed at or before the date of termination.
Termination of the. Contract shall not affect the parties' rights and remedies that have accrued as at termination, including the right to claim damages in respect of any breach of the Contract which existed at or before the date of termination.
Termination of the. Contract The Contract is concluded for an indefinite period. The Contract comes into effect on the date of its signature by both Contracting Parties. The Contract can be terminated by agreement of both Contracting Parties. Either Party is also entitled to terminate the Contract without giving any reason. The notice period is one month for the first year of the representation, two months for the second year and three months for the third year and beyond. The notice period begins on the first day of the month following the month in which the notice was delivered to the other Contracting Party.
Termination of the. Contract due to Non-Compliance with Requirements Related to Health, Safety and the Environment
Termination of the. Agreement for whatever reason shall not affect the accrued rights of either LB or the Customer arising under or out of this Agreement and all provisions which are expressed to survive the Agreement shall remain in full force and effect.
