Termination Process. Upon termination for any ground stated in this Section 9, the Owner and the Servicer shall comply with the termination process and procedures set forth in Section 10 herein.
Termination Process. Termination shall be effected by (i) delivery of written notice to the Vendor from the City specifying whether termination is for default or convenience, (ii) providing detail as to the extent to which services under this Agreement are to be terminated, and (iii) specifying the date upon which such termination becomes effective. After receipt of the written termination notice, and except as otherwise directed in writing by the City, the Vendor shall promptly stop work under this Agreement on the date and to the extent specified in the termination notice, terminate all subcontracts that relate to the performance of the services terminated by the termination notice, and complete performance of any services which have not been terminated. In the event the Agreement is canceled for default under the Agreement, the City may withhold funds owed to the Vendor in an amount sufficient to compensate for damages suffered from the default resulting in termination of the Agreement.
Termination Process. Either party may initiate a process to terminate this agreement as follows:
Termination Process. To terminate your contract you must follow the procedure set out below: If you do not wish us to continue to supply your electricity after your initial agreed term you must notify us at least 30 days before the contract end date by either emailing xxxxxxxx.xxxxxxxxxxx@xxxxxxxx.xx.xx; Or you may write to Contract Terminations, MA Energy Ltd, Unit 45 Skylines Business Village, London E14 9TS to confirm that you wish to end the contract. You must include your Account Number in your notice. If you do not end your Contract in this period, you will automatically roll over onto another fixed price plan offered to you in our Renewal letter. This new contract will not be for more than 12 months;
Termination Process. The following process shall apply with respect to any purported termination of Executive’s employment by Bank or by Executive during the Protected Period.
(i) Any such purported termination of Executive’s employment shall be communicated by the terminating party to the other party by written Notice of Termination.
(ii) Within fifteen (15) days following communication of a Notice of Termination by Bank or Executive, Bank shall deliver to Executive a written statement of all payments and benefits (“Benefit Statement”) pertaining to Executive to be made pursuant to this Agreement and otherwise to Executive by Bank. Bank and Executive shall endeavor in good faith to address and resolve as soon as possible any questions, issues or disagreements relating to said Benefit Statement within fifteen (15) days following delivery to Executive of said Benefit Statement.
(iii) Thereafter, Executive shall have a period of fifteen (15) days either to invoke the dispute resolution provisions of Section 13 hereof by notice to Bank or to provide Bank with a waiver in writing of his right to do so. Any failure by Executive to do either of the foregoing shall for all purposes of this Agreement be deemed to constitute a written waiver of Executive’s right to invoke the dispute resolution provisions of Section 13 hereof, but shall not otherwise affect or impair Executive’s rights or claims under this Agreement. Within five (5) business days thereafter, Bank shall either request from the Tax Advisor described in Section 4(e) below a determination of tax deductibility pursuant to said Section 4(e) with respect to all payments and benefits reflected on the Benefits Statement or deliver to Executive a waiver in writing of its right to do so. Any failure by Bank to do either of the foregoing shall for all purposes of this Agreement be deemed to constitute a written waiver of Bank’s right to invoke application of the provisions of Section 4(e).
Termination Process. Either party may terminate this Agreement during the Employment Term; provided, however, that if such termination is by the Company for Cause or by Executive for Good Reason, the terminating party shall give the non-terminating party a written notice providing reasonable notice and detail of the alleged Cause or Good Reason, as the case may be, and, if such Cause or Good Reason is curable, the non-terminating party shall have twenty-one (21) days following such notice to cure such Cause or Good Reason; provided further however, if the termination is by the Executive without Good Reason, the Executive shall give the Company ninety (90) days prior notice of his termination or such shorter period as agreed to by the Company in its sole discretion (the “Executive Notice Period”). Notwithstanding the foregoing, the Company shall not be required to give Executive the right to cure any act of Cause as set forth in Sections 6(c)(i)(1), (2), (3) or (6). If the Company terminates Executive’s employment with Cause, it shall have no liability to Executive other than to pay him the Accrued Obligations.
Termination Process. Prior to its expiration under Section 16.1 or Section 16.2, the MSA may only be terminated as provided in this Article 16. During the term of the MSA, the Parties may terminate the MSA in accordance with the following process:
16.3.1. Unless otherwise provided in Section 16.3.2, upon an “Event of Default” by either Party as defined in this Article 16, the non-defaulting Party, with or without the participation of the defaulting Party, shall submit a written notice of an Event of Default (“Notice of Default”) to the Executive Council for immediate resolution. For purposes of this provision, a Notice of Default may be in the form of electronic mail or facsimile. The Executive Council shall cure the Event of Default within ten (10) days after receiving the Notice of Default (“Executive Cure Period”). If (i) the Event of Default is not cured within the Executive Cure Period, or (ii) the members of the Executive Council have not mutually agreed, in writing, to a plan to cure such Event of Default, then the non-defaulting Party may terminate the MSA at the date specified in the Notice of Default. This termination process also applies to a termination under Section 16.7. For avoidance of doubt, this Article 16.3 shall apply to Section 16.8; provided that, unless there is mutual agreement of the Executive Council, ALU may only exercise partial termination under Section 16.4.1, 16.4.2 or 16.4.3 and only with respect to the SOW, Purchase Order or Service that caused the Event of Default.
16.3.2. The process described in Section 16.3.1 does not apply to an Event of Default in the event either Party terminates this MSA for an insolvency event under Section 16.6.
16.3.3. In the event of a termination during the Term of the MSA, the Parties shall comply with the terms and conditions contained in Schedule P (Termination/Expiration Assistance).
Termination Process. Upon termination of this Agreement for any reason above, all Loan Documentation and relevant servicing records will be made available to Lender in Firstmark’s standard format. Lender will reimburse Firstmark for all expenses associated with removing such information from Firstmark’s systems and making such information available to Lender.
Termination Process. (1) In the event that there is no agreement within six (6) months or such further time as all Parties agree following the delivery of a termination notice under s. 12.1(1):
(a) between all Parties to continue with this Agreement on the same or amended terms under s. 12.1(2); or
(b) between all or any two of the Parties and any new parties to new or alternative arrangements under s. 12.1(3), the Parties shall notify the principals of the Parties of the pending termination so as to provide them with a final opportunity to consider whether there is any basis to continue with this Agreement or to develop alternative arrangements.
Termination Process. 13.1 If the Tenant defaults in payment of any of the Annual Fees or in the observance and performance of any of the terms of this Lease, including but not limited to Park bylaws and general camping rules (Schedule “B”), the Park may, in its sole discretion, terminate this Lease and re-enter and take possession of and use the Designated Site, either immediately or upon such notice as the Park, in its sole discretion, deems appropriate. The Annual Fees may be prorated to the date upon which the Tenant relinquishes vacant possession of the Designated Site to the Park or may be retained in full by the Park, at the Park’s sole discretion. The Tenant shall remove all personal property as and when required by the Park, including trailer and equipment, and the Tenant shall be solely responsible for the costs of same, including the initial removal and subsequent storage if applicable. The Park shall be entitled to retain any of the Tenant’s personal property if not removed as and when required, as security for any amounts that remain outstanding, including fees under this Lease and additional costs to which the Tenant is responsible, such as removal and storage fees. The Tenant shall be found to have abandoned any property not collected within 60 days of being notified to remove and/or pick up same, such that the Park shall be entitled to dispose of same without further notice to the Tenant.
13.2 Notice under this section will be delivered to the Tenant at the campground if possible, or at the mailing address first listed above. It is the sole responsibility of the Tenant to ensure all contact information on file is current.
