Termination of the Concession Sample Clauses

Termination of the Concession. 1. The termination of the concession granted to the Concessionaire before the term referred to in Article 8 of this Subconcession Contract does not imply the termination of the Subconcession granted under this Subconcession Contract.
AutoNDA by SimpleDocs
Termination of the Concession. If during the term of this Agreement the Concession Agreement is terminated for whatever reason, the proceeds derived from the termination of said agreement ("Termination Proceeds") payable to the Company by CTBC in accordance with the Concession Agreement and the applicable laws shall be immediately distributed by the Company to its Shareholders as cash dividends.
Termination of the Concession. CLAUSE 26.1. - The Concession Agreement shall be considered terminated in the event of the following:
Termination of the Concession. CLAUSE 26.1. The Concession Agreement shall be considered terminated in the event of the following: I Expiration of the concession period for the service granted hereby, in the event it has not been extended under the terms of this Agreement; II Expropriation, in accordance with Art. 113 of Law No. 9,472 of 1997; III Forfeiture, under the terms set forth in Article 114 of Law No. 9,472 of 1997 and in this Agreement; IV Amicable or judicial rescission, under the terms of Art. 115 of Law No. 9,472 of 1997; and
Termination of the Concession. 13.1. The Concession will be considered extinct, observing the specific legal norms, when it occurs:
Termination of the Concession. CLAUSE THIRTY-ONE - The Concession shall be terminated due to:
Termination of the Concession. 1. [**]†
AutoNDA by SimpleDocs

Related to Termination of the Concession

  • Termination of the Contract 11.1. The Coordinator may terminate the contract if the Co-beneficiary has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Co-beneficiary by registered letter has remained without effect for one month.

  • Termination of the Company Upon the voluntary termination of the Company upon the consent of the Members, the sale or other transfer of all or substantially all of the Company's assets or any other termination of the Company in accordance with the provisions of this Agreement, the Company shall wind up its affairs and shall then be liquidated as provided in Article 13.

  • Termination of the Lease In terminating the Lease, the following procedures shall be followed by the Authority and Tenant:

  • Termination and Reduction of the Commitments (a) Unless previously terminated, the Commitments shall terminate on the Maturity Date.

  • Termination of the Partnership The Partnership shall terminate when all assets of the Partnership, after payment or due provision for all debts, liabilities and obligations of the Partnership, shall have been distributed to the Partners in the manner provided for in this Article VIII, and the Certificate shall have been canceled in the manner required by the Act.

  • Termination of the Right to Use Upon termination of this Addendum for any reason, any right to use the System and access to the Data Access Services shall terminate and the Fund shall immediately cease use of the System and the Data Access Services. Immediately upon termination of this Addendum for any reason, the Fund shall return to State Street all copies of documentation and other Proprietary Information in its possession; provided, however, that in the event that either party terminates this Addendum or the Custodian Agreement for any reason other than the Fund’s breach, State Street shall provide the Data Access Services for a period of time and at a price to be agreed upon in writing by the parties.

  • 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, SpinCo and each member of the SpinCo Group, on the one hand, and Parent and each member of the Parent Group, on the other hand, hereby terminate any and all agreements, arrangements, commitments or understandings, whether or not in writing, between or among SpinCo and/or any member of the SpinCo Group, on the one hand, and Parent and/or any member of the Parent Group, on the other hand, effective as of the Effective Time. No such terminated agreement, arrangement, commitment or understanding (including any provision thereof which 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.

  • 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.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!