Common use of Termination Upon Death or Incapacity Clause in Contracts

Termination Upon Death or Incapacity. Subject to certain exceptions identified in Section X, MBUSA may terminate this Agreement in the event of the death of an Owner or upon the incapacity of any Owner who is also the Retailer Operator, upon written notice to Retailer and such Owner's legal representative. Termination upon either of these events shall be effective ninety (90) days from the date of such notice.

Appears in 3 contracts

Samples: Retailer Agreement (United Auto Group Inc), Retailer Agreement (Uag Connecticut I LLC), Retailer Agreement (HBL LLC)

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Termination Upon Death or Incapacity. Subject to certain exceptions identified in Section X, MBUSA may terminate this Agreement in the event of the death of an Owner or upon the incapacity of any Owner who is also the Retailer Dealer Operator, upon written notice to Retailer Dealer and such Owner's legal representative. Termination upon either of these events shall be effective ninety (90) days from the date of such notice.

Appears in 2 contracts

Samples: Dealer Agreement (HBL LLC), Dealer Agreement (United Auto Group Inc)

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