TERMINATION OF THE SECTION 75 AGREEMENT Sample Clauses

TERMINATION OF THE SECTION 75 AGREEMENT. 9.1 The options for terminating the Section 75 Agreement are set out within the Section 75 Agreement.
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TERMINATION OF THE SECTION 75 AGREEMENT. 3.4.1 The legal position is set out within the s75 Agreement, as are the mechanisms for termination of the s75 Agreement. This Financial Framework considers the scale of risks that both Partners will accept, before considering the need to reduce the scale of the Integrated Commissioning Fund, terminate the s75 Agreement and/or this Financial Framework. This is in the context of existing financial pressures and a financial position statement.
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Related to TERMINATION OF THE SECTION 75 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 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.

  • Term and Termination of the Agreement 15.1. Term and duration of the Agreement The Standard Transmission Agreement shall enter into force on the Start Date of this Standard Transmission Agreement and shall be effective for an undetermined term.

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