Termination or Renewal Sample Clauses

Termination or Renewal. Either party desiring to terminate the Agreement or to change its terms, shall notify the other in writing not more than ninety (90) days nor less than sixty (60) days prior to March 31, 2025. If such notice is not given, this Agreement shall be renewed for the period from April 1, 2025 through March 31, 2026, and from year to year thereafter until terminated at the end ofa yearly period by notice in writing by either party, delivered to the other party not more than ninety
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Termination or Renewal. In the event Resident desires to renew the term of this Lease for an additional like term. Resident shall deliver to Management written notice of the desire to renew this Lease sixty (60) days before the expiration of the initial term of this Lease. Within five (5) days of receipt by Management of such notice, Management shall give written notice to Resident either that Management consents to the renewal of this Lease for an additional like term or that Management does not consent to such renewal. In the event that Resident shall end his/her occupancy of the Premises on the expiration date of this Lease or desires to become a month-to-month Resident, the Resident must give Management written notice of such intent at least 60 days prior to the expiration date of this lease. If neither party gives the other party any written notice as provided hereunder, and Resident does not vacate the Premises on or before termination date of this Lease, then upon the termination of this Lease, Resident shall thereafter be deemed as occupying the Premises in a month-to-month residency in which case either party may terminate this Lease by giving the other party thirty (30) days written notice prior to such termination. In the event that Resident does not comply with the notice requirements hereunder, all or a portion of Resident’s security deposit shall become the unconditional property of Management, if not prohibited by law. In addition, Management may exercise any other rights or remedies accorded it under the terms of the Lease or by law upon such termination.
Termination or Renewal. This Agreement shall be deemed to have into effect on May and shall in force for from that date. Following completion of the term provided for in Paragraph this Agreement shall be automatically renewed from year to year unless notice by registered mail is given by either party to the other for amendment or termination within the period of three (3) months, but in no event less than one month, before the termination date of this Agreement or any anniversary thereof and so on from time time.
Termination or Renewal. The TENANT must give written notice of intent to vacate at least 60 days prior to the end of the lease agreement. This agreement may only be terminated at the end of a calendar month. Failure to give notice of INTENT TO VACATE in accordance with these terms will require the payment of a full additional month’s rent regardless of actual vacancy date. To renew the term of this agreement a written REQUEST TO RENEW must be given to LANDLORD no less than sixty (60) days prior to the expiration of this agreement. If TENANT fails to give the required 60 day notice to renew or vacate, LANDLORD may serve notice that the lease shall terminate according to its term. If neither party gives the other any written notice as provided hereunder and TENANT does not vacate the premises on or before the termination date of this agreement, TENANT shall thereafter be deemed as occupying the premises in a month-to-month tenancy in which case either party may terminate this agreement by giving the other party fifteen (15) days written notice prior to the end of a calendar month. TENANT(S) shall not be released from the terms of this agreement on the grounds of voluntary or involuntary employment transfers, loss of employment, marriage, divorce, loss of co- tenant(s), and medical reasons, except as provided by law.
Termination or Renewal. This Agreement shall be deemed to have come 29.01 into effect on May 12, 1998 and shall remain in force fo-r a period of two (2) years from tha-t date. Following completion of the term provided for in 29.02 Paragraph 29.01 this Agreement shall be automatically renewed from year to year unless notice by registered mail is given by either party to the other for amendment or termination within the period of three (3) months, but in no event less than one (1) month, before the termination date of this Agreement or any anniversary thereof and so on from time to time.
Termination or Renewal. This Agreement shall be deemed to have come into effect on and remain in a period of two (2) years completion of the term provided for in Paragraph this Agreement shall be automatically renewed from year to year unless notice by registered is given by either party to the other for amendment or within the period of three (3) months, but in no event less than one (1) month, before the termination date of this Agreement or any anniversary thereof and so on from time to time.
Termination or Renewal. 26 Art. 36 (a) This Agreement shall become effective 27 November 1, 2017, and, except as otherwise provided 28 herein, shall remain in full force and effect until 29 October 31, 2020, and from year to year thereafter, 1 unless either party shall, at least sixty (60) days or 2 not more than ninety (90) days prior thereto, notify 3 the other party in writing of a desire to modify or 4 terminate this Agreement. In the event, such notice 5 is given, the parties shall complete arrangements to 6 meet not later than fifteen (15) days after receipt of 7 such notice. Should an understanding not be reached 8 within thirty (30) days from the date such notice was 9 filed, the procedure outlined in Section 8 of the Labor-
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Termination or Renewal. The TENANT must give written notice of intent to vacate at least 60 days prior to the end of the lease agreement. This agreement may only be terminated at the end of the calendar month. Failure to give notice of INTENT TO VACATE in accordance with these terms will require the payment of a full additional month’s rent regardless of actual vacancy date. To renew the term of this agreement a written REQUEST TO RENEW must be given to LANDLORD no less than sixty (60) days prior to the expiration of this agreement. If TENANT fails to give the required 60 day notice to renew or vacate, LANDLORD may serve notice that the lease shall terminate according to its term. If neither party gives the other any written notice as provided hereunder and the TENANT does not vacate the premises on or before the termination date of this agreement, TENANT shall thereafter be deemed as occupying the premises in a month-to-month tenancy in which case either party may terminate this agreement by giving the other party fifteen (15) days written notice prior to the end of a calendar month.

Related to Termination or Renewal

  • Termination or Release (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Secured Obligations (other than (x) obligations under Secured Hedge Agreements not yet due and payable, (y) Cash Management Obligations not yet due and payable and (z) contingent indemnification obligations not yet accrued and payable) when all the outstanding Secured Obligations have been indefeasibly paid in full. (b) A Grantor shall automatically be released from its obligations hereunder and the Security Interest in the Collateral of such Grantor shall be automatically released upon the consummation of any transaction permitted by the Indenture as a result of which such Grantor ceases to be a Subsidiary or is designated as an Unrestricted Subsidiary of Holdings III; provided that Holders of more than 50% in principal amount of the total outstanding Notes shall have consented to such transaction (to the extent required by the Indenture) and the terms of such consent did not provide otherwise. (c) Upon any sale or other transfer by any Grantor of any Collateral that is permitted under the Indenture, or upon the effectiveness of any written consent to the release of the security interest granted hereby in any Collateral pursuant to Section 11.02 of the Indenture, the security interest of such Grantor in such Collateral shall be automatically released. (d) A Grantor (other than Holdings V and the Issuer) shall automatically be released from its obligations hereunder and the Security Interest in the Collateral of such Grantor shall be automatically released if such Grantor ceases to be a Material Domestic Subsidiary. (e) If the security interest on any Collateral is released pursuant to Section 2.04 of the Intercreditor Agreement and such release results in the release of the security interest on such Collateral under this Agreement or any Collateral Document relating to the Notes, the security interest on such Collateral granted hereunder or under any such Collateral Document relating to the Notes shall be automatically released. (f) In connection with any termination or release pursuant to paragraph (a), (b), (c) or (e) of this Section 6.13, the Notes Collateral Agent shall execute and deliver to any Grantor, at such Grantor’s expense, all documents that such Grantor shall reasonably request to evidence such termination or release. Any execution and delivery of documents pursuant to this Section 6.13 shall be without recourse to or warranty by the Notes Collateral Agent. (g) In the event that any of the Collateral shall be transferred by any Grantor in connection with the Foreign Reorganization, the security interest granted hereunder on such Collateral shall automatically be discharged and released and all rights to such Collateral shall revert to the applicable Grantor without any further action by the Notes Collateral Agent or any other Person. Without prejudice to the foregoing, upon the request of the applicable Grantor, the Notes Collateral Agent, at the expense of such Grantor, shall promptly execute and deliver to such Grantor, all releases, termination statements, stock certificates, any certificated securities or any other documents necessary or desirable for the release of the security interest on such Collateral. (h) Notwithstanding anything to the contrary set forth herein or in any other Notes Document, so long as no Default or Event of Default shall have occurred and be continuing, in the event that the Foreign Reorganization is not consummated and to the extent that any Permitted Intercompany Transfer has occurred (or will occur concurrently with such release described in the Indenture), any security interests granted hereunder by Holdings IV on any Collateral shall automatically be discharged and released without any further action by the Notes Collateral Agent or any other Person. Subject to the terms of the Intercreditor Agreement, in connection with the foregoing, upon the request of the Issuer, the Notes Collateral Agent, at the expense of Issuer, shall promptly execute and deliver to Holdings IV, Holdings V or SigmaTel, as applicable, all releases, termination statements, stock certificates, any certificated securities or any other documents necessary or desirable for the release of the security interest on such Collateral.

  • Termination and Renewal This Agreement shall be in full force and effect until December 31, 2021, and shall continue in effect from year to year thereafter unless either party gives notice, in writing, at least sixty (60) days prior to any expiration or modification date of its desire to terminate or modify such Agreement; provided that, in the event the Union serves written notice in accordance with this Section, any strike or stoppage of work after any expiration or modification date shall not be deemed in violation of any provision of this Agreement, any other provision to the contrary notwithstanding.

  • Expiration or Termination A. Owner shall have the right, upon thirty (30) days prior written notice to Operator, to terminate this Agreement in its entirety, upon or after the happening of one or more of the following events, if said event or events shall then be continuing: (i) If Operator shall make a general assignment for the benefit of creditors; or (ii) If Operator shall file a voluntary petition in bankruptcy or a petition seeking their reorganization or the readjustment of their indebtedness under the Federal Bankruptcy laws or under similar State laws; or (iii) If an involuntary petition in bankruptcy shall be filed against Operator and Operator is thereafter adjudicated a bankruptcy thereunder; or (iv) If Operator shall consent to the appointment of a receiver, trustee, or liquidator of all or substantially all of the property of Operator; or (v) If Operator shall fail to pay the SASO Fee or other money payments required by this Agreement and such failure shall not be remedied within thirty (30) days following receipt by Operator of written demand from Owner; or (vii) If Operator shall default in fulfilling any of the terms, covenants or conditions to be fulfilled by them hereunder and shall fail to commence with due diligence the remedying of said default within thirty (30) days following receipt by Operator of written demand from Owner to do so. B. Operator shall have the right, after thirty (30) days written notice to Owner, to terminate or suspend this Agreement upon the happening of one or more of the following events, if said event or events shall then be continuing: (i) The issuance by any court of competent jurisdiction of an injunction, order or decree preventing or restraining the use of the Airport for normal airport purposes or the use of any part thereof which may be used by Operator and which is necessary for Operator's operations of the Airport, which remains in force for a period of at least ninety (90) consecutive days. (ii) If Owner shall default in fulfilling any of the terms, covenants or conditions to be fulfilled by it under this Agreement and shall fail to cure said default within thirty (30) days following receipt of written demand from Operator to do so; or (iii) If all or a mutual part of the Airport or Airport facilities shall be destroyed by fire, explosion, earthquake, other casualty, or acts of God or the public enemy; (iv) If the United States Government or any of its agencies shall occupy the Airport or any substantial part thereof to such an extent as to interfere materially with Operator’s operations, for a period of thirty

  • Modification or Renegotiation This agreement may be modified only by written agreement signed by the parties hereto. The parties agree to renegotiate the agreement if federal and/or state revisions of any applicable laws or regulations make changes in this agreement necessary.

  • Effect of Termination or Reduction Any termination or reduction of the Commitments of a Class shall be permanent. Each reduction of the Commitments of a Class shall be made ratably among the Lenders of such Class in accordance with their respective Commitments.

  • Renewal, Extension or Rearrangement All provisions of this Agreement and of any other Financing Documents relating to the Notes or other Lender Indebtedness shall apply with equal force and effect to each and all promissory notes hereafter executed which in whole or in part represent a renewal, extension for any period, increase or rearrangement of any part of the Lender Indebtedness originally represented by the Notes, or of any part of such other Lender Indebtedness.

  • TERMINATION OR MODIFICATION This Agreement may be terminated by either party upon fifteen (15) days written notice. No modification to the Agreement can be made without written approval of City and IC. Any and all sums advanced to IC under Section 2 must be refunded in full upon submission of the written notice to terminate

  • Notice of Voluntary Termination or Reduction The Borrower shall notify the Administrative Agent of any election to terminate or reduce the Commitments under paragraph (b) of this Section at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any notice, the Administrative Agent shall advise the applicable Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; provided that a notice of termination of the Commitments of a Class delivered by the Borrower 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 specified effective date) if such condition is not satisfied.

  • Termination or Abandonment Notwithstanding anything in this Agreement to the contrary, this Agreement may be terminated and abandoned at any time prior to the Effective Time, whether before or after any approval of the Merger by the stockholders of the Company: (a) by the mutual written consent of the Company and Parent; (b) by either Parent or the Company if the Merger shall not have been consummated on or prior to June 30, 2012 (the “End Date”), provided, however, that if all of the conditions to Closing, other than the condition set forth in Section 6.1(c), shall have been satisfied or shall be capable of being satisfied at such time, the End Date may be extended by Parent or the Company from time to time by written notice to the other party up to a date not beyond December 31, 2012, the latest of any of which dates shall thereafter be deemed to be the End Date; and provided, further, that the right to terminate this Agreement pursuant to this Section 7.1(b) shall not be available to a party if the failure of the Closing to occur by such date shall be due to the material breach by such party of any representation, warranty, covenant or other agreement of such party set forth in this Agreement; (c) by either the Company or Parent if an injunction shall have been entered permanently restraining, enjoining or otherwise prohibiting the consummation of the Merger and such injunction shall have become final and non-appealable; provided that the party seeking to terminate this Agreement pursuant to this Section 7.1(c) shall have used its reasonable best efforts to remove such injunction to the extent such party is required to use its reasonable best efforts pursuant to this Agreement; (d) by either the Company or Parent if the Stockholders’ Meeting (including any adjournments or postponements thereof) shall have concluded and the Company Stockholder Approval shall not have been obtained; (e) by the Company, if Parent shall have breached or failed to perform any of its representations, warranties, covenants or other agreements contained in this Agreement, which breach or failure to perform (i) would result in a failure of a condition set forth in Section 6.1 or Section 6.2 and (ii) by its nature, cannot be cured prior to the End Date or, if by its nature such breach or failure is capable of being cured by the End Date, Parent does not diligently attempt or ceases to diligently attempt to cure such breach or failure after receiving written notice from the Company describing such breach or failure in reasonable detail (provided that the Company is not then in material breach of any representation, warranty, covenant or other agreement contained herein); (f) by Parent, if the Company shall have breached or failed to perform any of its representations, warranties, covenants or other agreements contained in this Agreement, which breach or failure to perform (i) would result in a failure of a condition set forth in Section 6.1 or Section 6.2(f) and (ii) by its nature, cannot be cured prior to the End Date or, if by its nature such breach or failure is capable of being cured by the End Date, the Company does not diligently attempt or ceases to diligently attempt to cure such breach or failure after receiving written notice from Parent describing such breach or failure in reasonable detail (provided that Parent is not then in material breach of any representation, warranty, covenant or other agreement contained herein); (g) by Parent, (i) prior to the Company Stockholder Approval, in the event of a Change of Recommendation or if the Board of Directors of the Company shall have approved or recommended to its shareholders an Acquisition Transaction, or (ii) the Company shall have willfully and materially breached any of its obligations under Section 5.4; and (h) by the Company, prior to obtaining the Company Stockholder Approval and if the Company has complied with its obligations under Section 5.4, in order to enter into a definitive agreement with respect to a Superior Offer; provided that any such purported termination by the Company pursuant to this Section 7.1(h) shall be void and of no force or effect unless the Company pays to Parent the expense reimbursement in accordance with Section 7.3(a) and the Breakup Fee in accordance with Section 7.3(c).

  • Voluntary Termination or Reduction The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each reduction of the Commitments pursuant to this Section 2.06(b) shall be in an amount that is $5,000,000 or a larger multiple of $1,000,000 in excess thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.08, the total Revolving Credit Exposures would exceed the total Commitments.

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