Termination of the Consortium Sample Clauses

Termination of the Consortium. The Consortium shall terminate upon the occurrence of any one of the following events:
Sample 1
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Termination of the Consortium. 8.4 The General Body meeting may be called by any Party by addressing prior notice to all other Parties at least 15 working days before the meeting. The notice shall include the Agenda of the meeting, specifying the items to be decided at the meeting. Each Party may add further items by notifying the other Parties.
Sample 1
Termination of the Consortium. 18.1 That the Consortium shall continue to function and undertake development in time bound manner as per the Policy and Regulations, Master Plan and approved layout plan and maintain all the neighbourhood level facilities i.e open spaces, roads and services etc till the area is handed over to the Urban Local Body (ULB) responsible for the maintenance of the Sector. The Consortium also to ensure time bound transfer of the built-up space /land to constituent landowners/DE’s as mutually agreed in the Implementation Plan.
Sample 1
Termination of the Consortium. Upon termination, the Receiving Consortium Member shall stop making use of the Confidential Information. The obligations of the Consortium Members under this Agreement shall survive indefinitely or to the extent permitted by the applicable mandatory law.
Sample 1

Related to Termination of the Consortium

  • 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.

  • DURATION AND TERMINATION OF THIS AGREEMENT This Agreement shall remain in force until March 1, 1998, and continue in force from year to year thereafter, but only so long as such continuance is specifically approved at least annually (a) by the vote of a majority of the Trustees who are not parties to this Agreement or interested persons of any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval, and (b) by the Trustees of the Trust, or by the vote of a majority of the outstanding voting securities of the Fund. The aforesaid requirement that continuance of this Agreement be "specifically approved at least annually" shall be construed in a manner consistent with the 1940 Act and the rules and regulations thereunder and any applicable SEC exemptive order therefrom. This Agreement may be terminated with respect to the Fund at any time, without the payment of any penalty, by the vote of a majority of the outstanding voting securities of the Fund or by the Trust's Board of Trustees on 60 days' written notice to you, or by you on 60 days' written notice to the Trust. This Agreement shall terminate automatically in the event of its assignment. This Agreement may be terminated with respect to the Fund at any time without the payment of any penalty by the Board of Trustees or by vote of a majority of the outstanding voting securities of the Fund in the event that it shall have been established by a court of competent jurisdiction that you or any of your officers or directors has taken any action which results in a breach of your covenants set forth herein.

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