Termination of this Contract i. This Contract can be terminated by the Account Holder in accordance to Clause 6(ii) above and by Finductive in accordance with 6(iii) above;
ii. In the event of gross negligence by one of the Parties, this Contract may be terminated with immediate effect by simple written notification from the prevailing Party. Gross Negligence by the Account Holder is understood to mean, but not limited to: • communication of false information • engaging in illegal activity • money laundering or financing of terrorism, or suspicion thereto • threats to agents of Finductive • defaulted payment • failure to comply with an obligation of this Contract • the nomination of a special mediator and insolvency administrator to initiate rehabilitation or liquidation proceedings Gross negligence by Finductive is understood to mean: • communication of false information • failure to comply with an obligation of this Contract • the nomination of a special mediator and insolvency administrator to initiate rehabilitation or liquidation proceedings.
iii. Finductive shall also, have the right to terminate this Contract with immediate effect where the Payment Account is inactive for a period of six (6) months or more, or where the account does not contain funds for a continuous period of three (3) months at any point in time, throughout the duration of this Contract.
iv. In the event of a modification to applicable regulations and their interpretation by the relevant regulatory authority that may affect the ability of Finductive to provide Payment Services, this Contract will automatically be terminated. The Account Holder may no longer send Payment Orders after the effective termination date. Payment Transactions initiated before the termination date might be affected by the termination request if the regulatory authority prohibits Finductive from processing any Payment Transactions.
v. Finductive shall also have the right to terminate this Contract with immediate effect where the Account Xxxxxx’s change of circumstances results in Finductive’s inability to process any Payment Transactions.
vi. The termination of this Contract will result in the permanent closure of the Payment Account. The closure of a Payment Account will not give rise to any compensation, regardless of any possible damage caused by said closure. The Account Xxxxxx is not authorised, unless explicitly authorised by Finductive, to open another Payment Account at Finductive. Any Payment Account opened in violation of thi...
Termination of this Contract. (a) EnergyAustralia may terminate this Contract:
(i) immediately where you have breached a material term of this Contract and have not rectified that breach within 14 days from receipt of a written notice from EnergyAustralia;
(ii) immediately where you no longer satisfy any one or more of the eligibility criteria under clause 2; or
(iii) upon EnergyAustralia providing you with 30 days written notice of its intention to terminate this Contract.
(b) You may terminate this Contract by providing at least 30 days' prior written notice to EnergyAustralia, subject to clause 8.2(b).
Termination of this Contract. Either party may terminate this contract by a 30-day written notice to the other party. Upon termination, the Purchaser’s liability shall be limited to the services provided by the Provider up to the date of termination. If the Purchaser terminates the contract for reasons other than non-performance by the Provider, the Purchaser may compensate the Provider for an amount determined by mutual agreement of both parties. This contract or any part thereof may be terminated immediately by either party for just cause, including, but not limited to, health and safety issues, fraud, criminal activity, violations of license or certification standards.
Termination of this Contract. The Department may terminate this Contract at any time at its sole discretion by delivering one-hundred eighty (180) Calendar Days written notice to the Contractor.
Termination of this Contract. 7.1 This contract may be terminated:
a) in writing by you to us, with ten business days’ notice – ten business days after you notify us, or
b) by agreement between you and us - on the mutually agreed date for termination, or
c) if you enter a contract with another electricity retailer for sale and supply of electricity at your premises – on the date that your new retailer becomes the financially responsible market participant for the premises, or
d) if a different customer commences buying electricity at the premises, on the date that the new customer enters a contract with us.
e) if an insolvency event occurs - immediately.
Termination of this Contract. 5.1 This contract may be terminated:
a) in writing by you to us, with ten business days’ notice – ten business days after you notify us, or
b) by mutual agreement between you and us - on the mutually agreed date for termination, or
c) if you enter a contract with another electricity retailer for sale and supply of electricity at your premises – on the date that your new contract commences, or
d) if a different customer starts to buy electricity at the premises, on the date that they enter a contract with us.
5.2 If this contract is terminated, you agree that exit fees are payable as directed by us in your customer.
Termination of this Contract. 5.1 Unless and until the Contract is terminated pursuant to this clause 5, the Student undertakes to remain in occupation of the premises throughout the Period of Residence and make all payments under the Contract when they fall due.
5.2 The University may terminate this Contract at any time with immediate effect by serving notice on the Student if:
a) any sums under this Contract remain outstanding 30 days or more after the due date for payment
b) the Student has materially or persistently breached the conditions of this Contract by, for example (without limitation), engaging in behaviour constituting a serious nuisance or annoyance to the community (including other students, other residents, staff or other authorised users of the University) or of neighbouring property;
c) in the reasonable opinion of the University, the Student’s health or behaviour constitutes a serious risk to the health and safety and/or wellbeing of the Student and/or other students and/or staff, and/or presents a serious risk to other people’s property
d) the Student ceases to be a registered student of the University, takes an interruption/deferment of studies, or is excluded, suspended or withdrawn from the University
e) the Accommodation (or access to it) is damaged to the extent that it is not fit for habitation; or
5.3 The Student may terminate this Contract at any time by serving written notice on the University if the Student has complied with all his obligations under the Contract up to the date of termination and:
a) the University is in material breach of its obligations under this Contract (examples of material breaches by the University include (without limitation) persistent failure by the University to provide essential Services such as power or water, or failure within a reasonable time to repair serious damage to the Accommodation coupled with failure to offer alternative Accommodation where the damage renders the Accommodation uninhabitable); and/or
b) the Student finds a replacement University student who is not already living in University managed accommodation, who is reasonably acceptable to the University, who agrees to take over occupation of the Accommodation and assume all obligations of the Student under the Contract for the remainder of the Period of Residence and who enters into an agreement with the University to that effect; and/or
c) the Student seeks release from the Contract on grounds of extenuating circumstances and these grounds are agreed by Acc...
Termination of this Contract. We can terminate this contract on 30 days’ notice or immediately on renewal, if you have purchased another care package or insurance product from us. The termination of the contract will not affect the provision of any service which you have already paid for or our guarantee of the work done.
Termination of this Contract or cancellation of an insurance benefit
a) death occurring while this contract was in force;
b) death due to a total disability occurring while this contract was in force;
c) death or dismemberment due to an accident occurring while this contract was in force;
d) total disability or illness occurring while this contract was in force. The Insurer must continue paying disability insurance benefits in the event that the participant’s total disability, for which she is receiving such benefits under this contract, extends beyond the termination of this contract.
Termination of this Contract. Subject to any restrictions under the terms of the Plan, including, for Plans subject to Title I of ERISA, if applicable, the spousal consent rules set forth in Section 3.06, you may elect, by written notice, to terminate this Contract. In addition, termination of the Contract is subject to restrictions on distributions set forth in Section 2.10 of this Contract. We will determine the Cash Value as of the Transaction Date we receive your written election. The payment of such Cash Value to you may be deferred by us in accordance with the provisions of Section 4.07. Subject to the terms of the Plan, and the restrictions on distributions set forth in Section 2.10, we reserve the right to pay the Annuity Account Value under this Contract and terminate this Contract. This right may be exercised only if both (i) you made no Contributions during the last three completed Contract Years, and the Annuity Account Value is less than $500, or (ii) a partial withdrawal is made that would result in your Annuity Account Value falling below $500. We also reserve the right to terminate this Contract if no Contributions have been made within 120 days of the Contract Date shown on page 3 of this Contract. Upon payment pursuant to this Section or the fourth paragraph of Section 2.07, the amount in the Divisions and the Annuity Account Value shall be zero. We will be released from any and all liability for payments with respect to the Contributions from which the Annuity Account Value arose. If this Contract is terminated, surrendered or exchanged prior to your Retirement Date, any applicable tax charges we have paid may be deducted. If we have previously deducted charges for applicable taxes from Contributions pursuant to Section 2.01, we will not again deduct charges for the same taxes on terminations, unless a change in applicable law has occurred with respect to your Contract.
