Termination or Withdrawal Sample Clauses
Termination or Withdrawal. At any time and without cause, a Participating Agency may terminate its participation in this MOU by giving sixty (60) days’ prior written notice to the other Participating Agencies.
Termination or Withdrawal. A. A Participating Community may elect to withdraw and terminate its membership in the NMRECC District by providing written notice to the Chairman of the Board of Directors not less than two (2) years prior. Termination of membership shall be effective thirty (30) days following the payment of all obligations incurred and no less than two years from the receipt of notice of termination. No Participating Community shall be entitled to retain or be reimbursed for any costs or liabilities incurred prior to the effective date of termination of membership, including without limitation, any fees, costs, or expenses attributable to this District Agreement. Following receipt of notice of termination, the remaining Participating Communities shall address the impacts caused by termination by either encouraging other parties to join the NMRECC District or by reducing expenses of the District, but until any mitigation actually occurs, the terminated party shall remain liable for its assessment in full until the end of the current fiscal year. The type of activities to be taken in mitigation shall be determined at the sole discretion of the remaining Participating Communities. All parties to this District Agreement agree that the dispatch system is configured and expenditures are committed based upon the understanding that all parties will remain members of the District at least until the end of the current term and that the payments to be made hereunder represent reasonable liquidated damages and not a penalty. In the event that the NMRECC District shall be comprised of less than two communities, the District shall be dissolved pursuant to the applicable law.
B. If any party to this District Agreement defaults on payment of any assessment or otherwise breaches this agreement, such party shall be notified in writing stating therein the nature of the alleged default or breach and directing such party to cure such default or breach within ten (10) days. If such party in default or breach fails to cure said default or breach within ten (10) days, that party shall be subject to termination as a party to this District Agreement upon the vote of a majority of the Board of Directors representing those communities not in default. The party in default or breach shall not be entitled to vote on its own termination or be counted in determining a majority in interest. The terminated party shall remain liable for any defaulted payment and late charges accruing through the end of th...
Termination or Withdrawal. In the event that this Memorandum is terminated or in the event that a Party withdraws from this Memorandum: No Party will, under this Memorandum, incur any financial liability to any other Party; and In the event that a Party (First Party) is in possession of any equipment, materials, documents, intellectual property, data or other information (Items) that are the property of other Party (Second Party), then the First Party must promptly return all Items to the Second Party, or destroy any Items if directed to do so by the Second Party.
Termination or Withdrawal. 15.1 These Membership Terms and Conditions shall continue in effect until such time as the Member’s membership is terminated by the Member (voluntarily) or by the Forum (for non-payment or cause), or where there is a decision by the SG to remove a Member. In the event of any termination of the Member’s membership any fees that are due and owning shall remain payable, and no refund shall be made of any dues paid.
15.2 As the Forum was established with the support of the University to support its charitable aims as an institution of higher education and research, the Member acknowledges that the Forum Secretariat relies on the Annual Membership Fees to support these endeavours and the Forum budget is based on these fees. For the Forum to maintain its sustainability and rely on its budget forecast(s) the Member agrees to provide the Forum written (email to Secretariat is sufficient), advance notice of its intention to voluntarily terminate their agreement to the Membership Terms and Conditions or withdraw as a Member with three (3) months written notice.
Termination or Withdrawal. At any time and without cause, either Party may terminate in whole or in any part, its participation in this Agreement by giving at least 30 days advance written notice to the other Party prior to the termination date.
Termination or Withdrawal. Either Party may terminate in whole, its participation in this Agreement for the following school year by providing written notice to the other Party before March 15 of any year.
Termination or Withdrawal. Subject to Section 3.3.1 above, any Member may voluntarily terminate its participation in the RWC (i) by providing twenty-four (24) months written notice to the Board or (ii) by providing prompt notice in the event the Member’s governing body fails to appropriate sufficient funds for the Member to continue its RWC membership; in either case provided that the terminating Member: (a) relinquishes all Network equipment purchased or partially purchased by the RWC; (b) transfers or relinquishes any unexpended RWC accounts which have been collected for the replacement or expansion of equipment or infrastructure; (c) pays all fees and charges owed to the RWC up to and through the effective date of termination; (d) agrees to pay for all costs to effect the withdrawal of the Member, including costs to reconfigure the Network for the remaining Members, and (e) agrees to such additional or alternative terms and conditions as may be unanimously established by all Parties, including the terminating Member.
Termination or Withdrawal. The Pioneer Council may terminate a member library's Pioneer Consortium membership only if the member library materially breaches its duties and such duties remain breached for sixty (60) days after notification by Pioneer Consortium or if to continue participation would violate laws of the State of Nebraska. Each member library can, at its discretion, withdraw from the Pioneer Consortium. Such withdrawal will be effective upon sixty (60) days written notice to the Pioneer Council President. If a member library is terminated or withdraws from the Pioneer Consortium, the data submitted to the central system at that point must be removed from central system within one hundred and twenty (120) days at that withdrawing member library's expense.
Termination or Withdrawal. The Company shall have the right to terminate or withdraw any registration initiated by it under this Section 5.5 at any time after the time periods set forth in Section 5.5(f)(ii) below in its sole discretion whether or not any Holder has elected to include Registrable Securities in such Piggyback Registration. The registration expenses of such withdrawn registration shall be borne by the Company in accordance with Section 5.5(g).
Termination or Withdrawal. This Agreement shall terminate four years after the effective date of this Agreement, on July 10, 2018. All other provisions of the Agreement, as Xxxx Xxxxxx,