Termination or Cancellation of the Contract Sample Clauses

Termination or Cancellation of the Contract pursuant to this section shall not be deemed to be a breach of contract by DAS.
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Termination or Cancellation of the Contract. 1. The contract will be immediately canceled if at any time the U.S. Department of Labor and/or the State of Illinois cancels, fails to fund, or otherwise terminates, rescinds, or negates the grant through which this agreement is funded. 2. Either party to the contract shall have the right to terminate and end unilaterally all obligations under the contract by notifying the other party in writing of such termination at least thirty (30) days prior to the effective date of termination. If the Provider fails to fulfill its obligations under this contract or misrepresents its assurances, Will County will notify the Provider in writing that Will County will terminate the contract within thirty (30) days of the notification. The Provider shall, however, remain obligated to maintain all records as required by this agreement regardless of cancellation of this contract. 3. Upon termination or receipt of notice to terminate, whichever occurs first, the Provider shall cancel, withdraw or otherwise terminate any out-standing orders or subcontract(s) which relate to the performance of this contract and shall cease to incur costs. Will County shall not be liable to the Provider or the Provider's creditors for expenses incurred after the termination date. Upon termination of this contract for any reason, the Provider shall return to Will County within thirty (30) days after the receipt of written request for return, all property purchased with funds received under this contract and all property furnished to Will County by the State of Illinois or the United States Department of Labor. The Provider shall return such property and property records in the manner prescribed by Will County. Between the date of termination of the contract and the date of return of the property, the Provider shall protect such property from damage, loss, or destruction. The Provider shall preserve all records relating to this contract as provided in Section IV. 4. If termination occurs due to Providers violation or breach of contract terms, the Provider must immediately cease program administration, stop all cash draw-downs, return all WIOA property to Will County, conduct a close-out of grant activities and fiscal functions, and provide all documentation and records related to the program to Will County.
Sample 1
Termination or Cancellation of the Contract pursuant to this section shall not be deemed to be a breach of contract by the University.
Sample 1
Termination or Cancellation of the Contract. (1) This contract may be terminated or cancelled under the following circumstances. However, after the transaction closing date, it cannot be terminated or cancelled for any reason. Specifically, the notice of termination or cancellation, if initiated by the Purchaser, shall be made in writing to the Seller, and if initiated by the Seller, shall be made in writing to the Purchaser. 1. If the Seller significantly breaches this contract and fails to remedy such breach within [10] business days from the date of the Purchaser’s written notice demanding correction of the breach, the Purchaser may immediately terminate this contract by providing written notice to the Seller. 2. If the Purchaser significantly breaches this contract and fails to remedy such breach within [10] business days from the date of the Seller’s written notice demanding correction of the breach, the Seller may immediately terminate this contract by providing written notice to the Purchaser. 3. If the Seller’s statements and warranties are not true or accurate in a material aspect, the Purchaser may immediately terminate this contract by providing written notice to the Seller. 4. If the Purchaser’s statements and warranties are not true or accurate in a material aspect, the Seller may immediately terminate this contract by providing written notice to the Purchaser. 5. If the Purchaser fails to make the payment for the consideration related to this transaction by January 31, 2025, the Seller may immediately terminate this contract by providing written notice to the Purchaser. However, a party with attributable reasons for the non-conclusion of this transaction cannot terminate this contract under this clause. 6. If (i) dissolution or liquidation events, bankruptcy, insolvency proceedings, workout, or similar procedures occur or commence with respect to the Seller and/or the Target Company or (ii) there is or occurs a significant adverse impact, the Purchaser may immediately terminate this contract by providing written notice to the Seller. 7. The parties may mutually agree to terminate this contract..
Sample 1
Termination or Cancellation of the Contract. 2.1 The contract between Buyer and Supplier shall be considered terminated only when Xxxxx has placed an Order in writing which must be confirmed by Supplier to Buyer in writing within two weeks of receipt; otherwise, the buyer is entitled to cancel the Order without incurring any liability of any nature against the Supplier. Only those Orders (including, without limitation, as well as modifications and supplements thereof) duly signed, issued in writing on the Buyer's order forms are binding. Verbal agreements must be confirmed by Xxxxx in writing to be effective. 2.2 The Buyer shall not be bound by any variation or addition made by the Supplier to the order confirmation. 2.3 The purpose of any correspondence is to indicate the full order number, as well as any reference data and the date(s) of any previous correspondence. Concerns should be directed exclusively to the Buyer's representative. 2.4 The Supplier may not cancel the contract except for just cause. Notwithstanding any other provi- sion under these GTC which shall prevail, Buyer is entitled to cancel the contract in whole or in part by giving written notice to Supplier at any time prior to the Delivery Date (as defined below) in which In such event, the Buyer's sole responsibility shall be to pay the Supplier fair and reasonable compen- sation for work in progress at the time of cancellation, but such compensation shall not include lost profits (whether direct or indirect and whether current or advanced) or any consequential or conse- quent. 2.5 Except as otherwise agreed in writing, the agreed price shall include all supplies and services nec- xxxxxx to achieve the agreed objective, even if these supplies and services are not stipulated in the Buyer's application, technical documents, the Order or in other documents. 2.6 Buyer may at any time make written changes to the Order, including changes to drawings, ship- ping methods, quantities, packaging, or time or place of delivery. If such modifications cause an in- crease in the cost of performance of the contract or the time necessary to perform it, the Supplier may file a claim for an equitable adjustment to the price, delivery schedule, or both within a period of 10 days against the receipt of Buyer's change request. Any such claim or adjustment may be ap- proved in writing by Xxxxx without regard to any prior implementation of such modification upon Xxxxx's request.
Sample 1

Related to Termination or Cancellation of the Contract

  • Termination of the Contract 1. The Contractor may terminate the contract if the Partner 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 Partner by registered letter has remained without effect for one month. 2. The Partner shall immediately notify the Contractor, supplying all relevant information, of any event likely to prejudice the performance of this contract.

  • Cancellation of the Contract You are responsible for paying the full Contract Rate for the entire Contract Period, unless the Contract is canceled in accordance with one of the provisions below. Depending on when and how the Contract is canceled, you may owe the University a Cancellation Fee. The “Cancellation Fee” charged by the University constitutes an amount that will compensate the University for the costs it will incur and/or losses it will suffer as a result of your cancellation, which costs and losses are difficult to quantify. As provided in Section III.e. above, your Deposit may be used to partially defray the Cancellation Fee.

  • Cancellation or Termination The Provider is the responsible party for honoring cancellation requests. You may cancel this Service Agreement at any time and is non-cancelable by us (send your written request to us at xxxxxxxxxxxxx@0-00.xxx), except for: 1. Fraud or material misrepresentation concerning any covered item or any other facts related to this Service Agreement.

  • Termination or Reduction of the Commitments (a) The Borrower shall have the right, upon at least three Business Days’ notice to the Administrative Agent, to terminate in whole or reduce ratably in part the Available Commitments, provided that (i) each partial reduction shall be in the aggregate amount of $10,000,000 or an integral multiple of $5,000,000 in excess thereof and (ii) no such termination or reduction shall be made that would reduce the aggregate Commitments to an amount less than the Outstanding Credits on the date of such termination or reduction. Subject to the foregoing, any reduction of the Commitments to an amount below $500,000,000 shall also result in a reduction of the LC Commitment Amount to the extent of such deficit (and if such reduction would cause the LC Commitment Amount to be less than the aggregate Fronting Commitments, with automatic reductions in the amount of each Fronting Commitment ratably in proportion to the amount of such reduction of the LC Commitment Amount unless, in the case of any LC Issuing Bank, such LC Issuing Bank consents otherwise). Each such notice of termination or reduction shall be irrevocable; provided, however, that a notice of termination delivered pursuant to this Section 2.08 may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the effective date specified in the notice of termination) if such condition is not satisfied. (b) The Borrower may terminate the unused amount of the Commitment of any Lender that is a Defaulting Lender upon not less than three Business Days’ prior notice to the Administrative Agent (which shall promptly notify the Lenders thereof), and in such event the provisions of Section 2.21(a)(ii) will apply to all amounts thereafter paid by the Borrower for the account of such Defaulting Lender under this Agreement (whether on account of principal, interest, fees, indemnity or other amounts); provided that (i) no Event of Default shall have occurred and be continuing, and (ii) such termination shall not be deemed to be a waiver or release of any claim the Borrower, the Administrative Agent, any LC Issuing Bank or any Lender may have against such Defaulting Lender. (c) The Commitment of each Lender shall automatically terminate on the Termination Date applicable to such Lender as provided in Section 2.06. (d) Once terminated, a Commitment or any portion thereof may not be reinstated.

  • Optional Termination or Reduction of the Commitments The Borrower shall have the right, upon at least three Business Days' notice to the Agent, to terminate in whole or reduce in part the unused Commitments of the Lenders, provided that each partial reduction shall be in the amount of $1,000,000 or an integral multiple of $1,000,000 in excess thereof.

  • Termination/Cancellation/Rejection The State specifically reserves the right upon written notice to immediately terminate the contract or any portion thereof at no additional cost to the State, providing, in the opinion of its Commissioner of Buildings and General Services, the products supplied by Contractor are not satisfactory or are not consistent with the terms of this Contract. The State also specifically reserves the right upon written notice, and at no additional cost to the State, to immediately terminate the contract for convenience and/or to immediately reject or cancel any order for convenience at any time prior to shipping notification.

  • Termination of the Company Upon the voluntary termination of the Company upon the consent of the Members, the sale or other transfer of all or substantially all of the Company's assets or any other termination of the Company in accordance with the provisions of this Agreement, the Company shall wind up its affairs and shall then be liquidated as provided in Article 13.

  • Termination and Cancellation 9. 1. Licences will expire after the period shown in Clause 3 (above). 9. 2. Licensee reserves the right to terminate the Licence in the event that payment is not received in full or if there has been a breach of this agreement by you. Appendix 1 — Acknowledgements: Reprinted by permission from [the Licensor]: [Journal Publisher (e.g. Nature/Springer/Palgrave)] [JOURNAL NAME] [REFERENCE CITATION (Article name, Author(s) Name), [COPYRIGHT] (year of publication) For Advance Online Publication papers: Reprinted by permission from [the Licensor]: [Journal Publisher (e.g. Nature/Springer/Palgrave)] [JOURNAL NAME] [REFERENCE CITATION (Article name, Author(s) Name), [COPYRIGHT] (year of publication), advance online publication, day month year (doi: 10.1038/sj.[JOURNAL ACRONYM].)

  • Notice of Cancellation or Change There shall be no cancellation, change, potential exhaustion of aggregate limits or non-renewal of insurance coverage(s) without thirty (30) days written prior written notice to the State.

  • TERMINATION/CANCELLATION Cancellation of orders once placed with or accepted by Seller can be made only with Seller’s consent. Should Buyer, due to good cause, desire to affect the cancellation of an accepted order, Seller will accept such cancellation on the following basis: (a) For all made-to-order Goods: Buyer shall pay the purchase price in full for all items completed and ready for delivery; Buyer shall pay a percentage of the purchase price on such items as shall not be completed, equivalent to the percentage of completion; and Buyer shall pay in full the cost of all raw materials, consumable materials, manufacturing dies, tools, patterns and fixtures acquired exclusively for the order, and will take ownership and possession of all such items and will be responsible for labor or other documenting expenses incurred in connection therewith. (b) For all made-to-stock Goods: Buyer shall pay (i) all costs and expenses of placing the cancelled Goods in a saleable condition (restocking charge), (ii) any outgoing and incoming freight charges incurred by Seller in connection with the delivery and return of such Goods, if applicable, and (iii) all reasonable and necessary expenses incurred by Seller directly incident to the order up to the date of cancellation. Invoices covering said costs shall be due and payable immediately upon Seller’s acceptance of cancellation. A stop work order will be deemed a cancellation and the provisions of this paragraph shall apply. If Buyer purchases Goods pursuant to an order for use in a contract with the U.S. Government and the U.S. Government terminates Buyer’s prime contract or a portion thereof for convenience, Buyer shall have the right to terminate only that portion of its contract with Seller which has been terminated by the U.S. Government in its prime contract. In such case, Buyer shall be responsible for those costs set forth above.

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