Termination of the Participation Agreement Sample Clauses

Termination of the Participation Agreement. 1. A Registered Participant may at any time request the Allocation Platform to terminate the Participation Agreement to which the Registered Participant is a Party. The termination shall take effect after thirty (30) Working Days upon receipt of the termination request by the Allocation Platform and if all outstanding payment obligations are settled. 2. A Registered Participant may terminate the Participation Agreement to which the Registered Participant is a Party for good cause when the Allocation Platform has committed a major breach of an obligation connected with these Allocation Rules or the Participation Agreement in the following cases: (a) where the Allocation Platform repeatedly fails to pay any amount properly due and owing to the Registered Participant with a significant financial impact; (b) where there is a significant breach of the confidentiality obligations in accordance with Article 75. The Registered Participant shall send a notice to the Allocation Platform stating the reason for termination and giving the Allocation Platform twenty (20) Working Days to remedy the breach. Unless the Allocation Platform remedies the breach within the abovementioned deadline, the termination shall take effect immediately upon expiration of such deadline. A holder of Long Term Transmission Rights whose Participation Agreement is terminated under this paragraph is under no obligation to pay remaining instalments for the Long Term Transmission Rights’ and is entitled to a refund to the extent that any instalment includes an amount in respect of use after the date of termination, to be calculated pro-rata from the date termination takes effect. 3. If any of the termination events in paragraph 4 occurs in relation to a Registered Participant, the Allocation Platform may by notice to the Registered Participant terminate the Participation Agreement, including the Registered Participant’s rights connected with these Allocation Rules. A termination under this paragraph takes effect from the time of the notice or any later time specified in it. The Registered Participant may not at a later stage enter into the Participation Agreement with the Allocation Platform until the circumstances of termination continue to exist or it is not sufficiently guaranteed that the breach may not occure again. 4. The termination events referred to in paragraph 3 shall be the following: (a) if the rights of the Registered Participant are suspended for longer than thirty (30) Working D...
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Termination of the Participation Agreement. A Registered Participant may at any time request the Allocation Platform to terminate the Participation Agreement to which the Registered Participant is a Party. The termination shall take effect after thirty (30) Working Days upon receipt of the termination request by the Allocation Platform and if all outstanding payment obligations are settled.
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Termination of the Participation Agreement. This Participation Agreement may be terminated only in accordance with the Trust Agreement.
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Termination of the Participation Agreement. 1. The Participation Agreement may be terminated by either of the Contracting Parties with a one- month notice period commencing on the first day of the calendar month following the month in which a written termination notice was delivered to the other Contracting Party. The Contracting Party may thus also terminate the Participation Agreement only in the part concerning any of the Commodities to which the Trading Participant’s authorization to conclude Exchange Trades applies. 2. Either of the Contracting Parties (“Withdrawing Party”) may withdraw from the Participation Agreement if the other Contracting Party (“Breaching Party”) (i) repeatedly breaches any of the obligations resulting from the Participation Agreement or the Exchange Rules and Regulations, or
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Termination of the Participation Agreement. 8.1 This Participation Agreement, and the Employer’s participation in the Scheme, will terminate if: (a) the Employer gives NOW: Pensions a minimum of three months’ written notice (or a shorter period, if NOW: Pensions agrees);
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Termination of the Participation Agreement. Notwithstanding anything to the contrary in Section 7.1 or Section 7.8 of the Participation Agreement, all of the rights and obligations of each Party under the Participation Agreement, other than (a) the rights and obligations of the Clean Line Parties under Sections 11.1, 11.3, 11.4 and Article IX of the Participation Agreement and (b) the provisions set forth in Sections 11.8, 11.9, 13.17, 13.18 and 13.20 of the Participation Agreement that expressly survive any termination of the Participation Agreement pursuant to Section 7.8 of the Participation Agreement (such provisions, the “Surviving Provisions”), are hereby terminated as of the date hereof (the “Effective Date”). For purposes of the Participation Agreement, the Parties hereby agree that the Effective Date shall be deemed to be the Termination Date of the Participation Agreement. From and after the Effective Date, the Participation Agreement will be of no further force or effect with respect to the Parties thereto, and the rights and obligations of the Parties thereunder shall terminate, in each case, except with respect to the Surviving Provisions. DCDOCS01/678261 Clean Line Termination and Release Agreement
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Termination of the Participation Agreement. 5.1 Participant may terminate the Participation Agreement by giving one month’s written notice. Healthy Habits will send a confirmation to the participant within seven days after receipt of the participant’s written cancellation. Should the participant not have received this confirmation in time, the participant should immediately contact Healthy Habits, failing which Healthy Habits will assume that the written cancellation has not taken place or has not taken place in time. 5.2 In case of long-term illness, injury and/or pregnancy of the participant, the participant agreement can be temporarily terminated after consultation and submission of a written doctor’s statement. 5.3 Healthy Habits has the right to terminate the participant agreement with immediate effect, if: The participant, in the opinion of Healthy Habits, is guilty of inadmissible behavior or if the participant systematically violates the rules of Healthy Habits.
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Termination of the Participation Agreement. Upon Closing and subject to the other provisions of this Agreement, the Participation Agreement shall terminate effective as of Closing except as follows:
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Related to Termination of the Participation Agreement

  • 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 Participation If the Administrator determines in good faith that the Executive no longer qualifies as a member of a select group of management or highly compensated employees, as determined in accordance with ERISA, the Administrator shall have the right, in its sole discretion, to cease further benefit accruals hereunder.

  • 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.

  • Termination of Contract The Department may terminate the Contract for refusal by the Contractor to comply with this section by not allowing access to all public records, as defined in Chapter 119, F. S., made or received by the Contractor in conjunction with the Contract.

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