Termination of the JVA Sample Clauses

Termination of the JVA. If the units have not all been disposed of within 15 years of the date of the JVA CCBC will be required to either acquire a long leasehold interest (not less than 99 years) in the remaining part of the Property on market terms or dispose of it on the market.
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Termination of the JVA. 3.1. GGA and ARO hereby terminate the JVA effective as of the date hereof and all there former rights thereunder merge in this deed.
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Termination of the JVA. Pursuant to Section 20.1 of the JVA, the JVA shall terminate upon the Closing provided however that, pursuant to Section 20.2 of the JVA, the parties thereto shall continue to be bound, as applicable, by the provisions of its Sections 8.2.13, 15, 17.1, 17.4, 20, 21, 22 and 23.
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Termination of the JVA. The Members agree that irreparable damage would occur if any Member should bring an action for judicial dissolution of the Company. Accordingly each Member hereby waives and renounces such Member’s right to seek a court decree of dissolution or to seek the appointment by a court of a liquidator for the Company.
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Related to Termination of the JVA

  • Termination of the Agreement In the event of failure by the participant to perform any of the obligations arising from the agreement, and regardless of the consequences provided for under the applicable law, the institution is legally entitled to terminate or cancel the agreement without any further legal formality where no action is taken by the participant within one month of receiving notification by registered letter. If the participant terminates the agreement before its agreement ends or if he/she fails to follow the agreement in accordance with the rules, he/she shall have to refund the amount of the grant already paid, except if agreed differently with the sending organisation. In case of termination by the participant due to "force majeure", i.e. an unforeseeable exceptional situation or event beyond the participant's control and not attributable to error or negligence on his/her part, the participant shall be entitled to receive at least the amount of the grant corresponding to the actual duration of the mobility period. Any remaining funds shall have to be refunded, except if agreed differently with the sending organisation.

  • 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.

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