Termination Prior to Expiration of the Term Sample Clauses

Termination Prior to Expiration of the Term. This Agreement may also be terminated prior to the end of the initial term or any renewal term hereof.
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Termination Prior to Expiration of the Term. The employment of Executive hereunder may be terminated by Executive or the Company at any time prior to the expiration of the term of this Agreement, subject to this Section 10. Except as provided in Section 11 (with respect to certain terminations following a Change in Control), Executive’s entitlements upon termination will be limited to the payments specified in this Section 10.
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Termination Prior to Expiration of the Term. 5.1 Notwithstanding any other provisions of this Agreement, the Company shall have the right to terminate the employment relationship created by this Agreement at any time prior to the expiration of the Term for any of the following reasons:
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Termination Prior to Expiration of the Term. Either party may terminate the Consultation Period at any time by fifteen (15) days’ written notice to the other party. Notwithstanding the foregoing, the Company may terminate this Agreement immediately if Consultant revokes that certain Separation Agreement by and between the Company and the Consultant dated May 26, 2020 pursuant to Section 7 thereof. In the event of termination under this Section 4, the Consultant shall be entitled to payment for Services performed and expenses paid or incurred prior to the effective date of termination and shall have no further rights under this Agreement. Such payments shall constitute full settlement of any and all claims of the Consultant of every description against the Company under this Agreement.
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Termination Prior to Expiration of the Term. The Consultant may terminate the Consultation Period at any time by ten (10) days’ written notice to the Company. The Company may not terminate the Consultation Period unless Consultant (i) engages in willful misconduct or breaches this Agreement and (ii) fails to cure such misconduct or breach within the period of ten (10) calendar days following Consultant’s receipt of written notice from the Company, which notice describes Consultant’s misconduct or breach in reasonable detail. Notwithstanding the foregoing, the Company may terminate this Agreement immediately if Consultant revokes that certain Separation Agreement by and between the Company and the Consultant dated November 16, 2018 pursuant to Section 7 thereof. In the event of termination under this Section 4, the Consultant shall be entitled to payment for Services performed and expenses paid or incurred prior to the effective date of termination and shall have no further rights under this Agreement. Such payments shall constitute full settlement of any and all claims of the Consultant of every description against the Company under this Agreement.
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Termination Prior to Expiration of the Term. It is mutually covenanted and agreed that if the Lessee shall fail to keep and perform all of the covenants, conditions, and agreements herein made binding upon the Lessee, or if the estate hereby created shall be taken on execution or other process of law, or if the Lessee shall be declared bankrupt or insolvent according to law, or if a receiver or other similar officer shall be appointed to take charge of all or any part of the property of the Lessee, or if any assignment shall be made of the Lessee's property for the benefit of creditors, then and in each such case, Lessee shall be in default of this Lease, and, at the sole option of the Lessor, the Lessee's right of possession shall thereupon cease and terminate and the Lessor shall be entitled to possession of the premises and to reenter the same without further demand of rent or demand of possession 13 of said premises, and may forthwith recover possession of said premises by whatever process of law may be available in the jurisdiction in which the premises may be located, any notice to quit or notice of intention to enter being hereby expressly waived by the Lessee, or the Lessor may retake possession without process of law. In the event of such reentry or retaking, the Lessee shall, nevertheless remain liable and answerable for the full rental to the date of such retaking or reentry, and for damages for the deficiency or loss of rent which the Lessor may thereby sustain in respect of the balance of the term; and in such case, the Lessor shall have the right to let the premises for the benefit of the Lessee, in liquidation and discharge, in whole or in part, as the case may be, of he liability of the Lessee hereunder; and such damages, at the option of the Lessor, may be recovered at the time of retaking or reentry, or in separate actions from time to time as the Lessee's obligation to pay rent would have accrued if the term had continued, or from time to time as said damages shall have been made more easily ascertainable by relettings, or such action, at the option of the Lessor, may be deferred until the expiration of the term, in which latter event, the cause of action shall not be deemed to have accrued until the expiration of said term. The Lessor, however, may refrain from terminating the Lessee's right of possession, and in such case, may enforce against the Lessee the provisions of this Lease for the full term hereof. In the event legal proceedings are instituted against Lessee, by the Less...
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Termination Prior to Expiration of the Term a. The Contractor’s engagement hereunder shall terminate immediately upon the death of Mx. Xxxxx. In the event of such termination, the Contractor shall have the right to any fees paid to it hereunder and payment of any accrued but unpaid expense reimbursement on behalf of Mx. Xxxxx.
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Termination Prior to Expiration of the Term 
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Related to Termination Prior to Expiration of the Term

  • Expiration of the Term This Agreement shall terminate automatically at the expiration of the Period of Employment unless the parties enter into a written agreement extending Employee's employment, except for the continuing obligations of the parties as specified hereunder.

  • Termination Upon Expiration Date The Trust shall automatically terminate on December 31, 20__ (the "Expiration Date") or earlier pursuant to Section 9.02.

  • Extension of the Termination Date (a) Not earlier than 60 days prior to, nor later than 30 days prior to each of the first and second anniversaries of the date of this Agreement, the Borrower may request by notice made to the Administrative Agent (which shall promptly notify the Lenders thereof) a one-year extension of the Termination Date. Each Lender shall notify the Administrative Agent by the date specified by the Administrative Agent (which date shall be a Business Day and shall not be less than 15 days prior to, nor more than 30 days prior to, the Extension Effective Date) that either (A) such Lender declines to consent to extending the Termination Date or (B) such Lender consents to extending the Termination Date. Any Lender not responding within the above time period shall be deemed not to have consented to extending the Termination Date. The Administrative Agent shall, after receiving the notifications from all of the Lenders or the expiration of such period, whichever is earlier, notify the Borrower and the Lenders of the results thereof. The Borrower may request no more than two extensions pursuant to this Section.

  • Termination of the Lease If for any reason the term of the Master Lease shall terminate prior to the Sublease Expiration Date, this Sublease shall automatically be terminated and Sublandlord shall not be liable to Subtenant by reason thereof unless said termination shall have been caused by the default of Sublandlord under the Master Lease, and said Sublandlord default was not as a result of a Subtenant default hereunder.

  • Termination/Expiration Upon termination or expiration of this Lease, Tenant shall, at Tenant's cost, remove any equipment, improvements or storage facilities utilized in connection with any Hazardous Materials and shall clean up, detoxify, repair and otherwise restore the Premises to a condition free of Hazardous Materials, to the extent such condition is caused by Tenant or any assignee or subtenant of Tenant or their respective agents, contractors, employees, licensees or invitees.

  • Extension of the Term The Term may be extended at the option of NAI for up to two successive periods of five years each; provided, however, that prior to each such extension the following conditions must have been satisfied: (A) NAI must have delivered a notice of its election to exercise the option at least one hundred eighty days prior to the end of the Term, and prior to the commencement of any such extension BNPPLC and NAI must have agreed in writing upon, and received the written consent and approval of BNPPLC’s Parent and all Participants (other than Participants being replaced at the request of NAI as provided in Paragraph 6) to, (1) a corresponding extension of the date specified in clause (1) of the definition of Designated Sale Date in the Common Definitions and Provisions Agreement and of the term of the Ground Lease, and (2) an adjustment to the Rent that NAI will be required to pay during the extension, it being expected that the Rent for the extension may be different than the Rent required for the original Term or any prior extension, and it being understood that the Rent for any extension must in all events be satisfactory to both BNPPLC and NAI, each in its sole and absolute discretion; (B) at the time of NAI’s exercise of its option to extend, no Event of Default has occurred and is continuing, and no Event of Default will result from the extension; (C) immediately prior to any such extension, this Lease must then remain in effect; and (D) if this Lease has been assigned by NAI, then NAI must have executed a guaranty (or confirmed an existing guaranty, if applicable), guaranteeing NAI’s assignee’s obligations under the Operative Documents throughout such extended Term. With respect to the condition that BNPPLC and NAI must have agreed upon the Rent required for any extension of the Term, neither NAI nor BNPPLC is willing to submit itself to a risk of liability or loss of rights hereunder for being judged unreasonable. Similarly, neither BNPPLC’s Parent nor any Participant is expected to submit itself to a risk of liability or loss of rights for being judged to have unreasonably withheld consent or approval to any extension of the Term. Accordingly, NAI, BNPPLC, BNPPLC’s Parent and Participants will each have sole and absolute discretion in making its determination, and both NAI and BNPPLC hereby disclaim any obligation express or implied to be reasonable in negotiating the Rent for any such extension. Subject to the changes to the Rent and satisfaction of the other conditions listed in this subparagraph, if NAI exercises its option to extend the Term as provided in this subparagraph, this Lease will continue in full force and effect, and the leasehold estate hereby granted to NAI will continue without interruption and without any loss of priority over other interests in or claims against the Property that may be created or arise after the Effective Date and before the extension.

  • Termination and Expiration 17.1 This Agreement shall become effective upon the Effective Date.

  • Dissolution Upon Expiration Date Unless earlier dissolved, the Trust shall automatically dissolve on July 30, 2040 (the “Expiration Date”), and the Trust Property shall be liquidated in accordance with Section 9.4.

  • Definition of the Term Business Day". For purposes of this Agreement, "Business Day" means any day on which the New York Stock Exchange, Inc. is open for trading.

  • Continued Employment Following Expiration of Term Nothing in this Agreement shall mandate or prohibit a continuation of Executive’s employment following the expiration of the term of this Agreement, upon such terms and conditions as the Bank and Executive may mutually agree.

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