Termination Without Penalty Sample Clauses

Termination Without Penalty. In the event that Customer receives Service Credits hereunder of 15% or more in any two consecutive months or in any three months in any rolling twelve month period, then Customer may terminate and discontinue the Centre Hosted Services prior to the end of the Service Term without penalty by notifying Centre Technologies within fifteen (15) days following the end of the applicable calendar month.
AutoNDA by SimpleDocs
Termination Without Penalty. Xxxxxx acknowledges and agrees that payments under this Contract are subject to termination or cancellation without penalty to the Finance Commission or any of the Agencies, either in whole or in part, subject to the availability of state funds. Each Agency is a state agency whose authority, revenues and expenditures are subject to actions of the Finance Commission. If any of the Agencies becomes subject to a legislative change, revocation of statutory authority, lack of appropriated funds, or unavailability of funds collected by each Agency, or otherwise becomes subject to a condition that would render Agency’s or Aquila’s delivery or performance under the Contract impossible or unnecessary, the Contract will be terminated or cancelled and be deemed null and void. In the event of a termination or cancellation under this paragraph, Agency will not be liable to Contactor for any payments, damages or any other amounts which were otherwise due or which may be caused by or associated with such termination or cancellation, and Agency will not be required to give prior notice.
Termination Without Penalty. (1) Either Town may terminate the Agreement at the end of the term then in effect upon affirmative vote of the said Town’s governing body. The Select Board voting to terminate shall notify the other Town’s Select Board and the Joint Board of Directors established by this Agreement in writing at least one
Termination Without Penalty. Funding under this Agreement will terminate without penalty at the end of the fiscal year in the event funds are not appropriated for the next fiscal year. If funds are not appropriated for a portion of the fiscal year, funding of this Agreement will terminate without penalty, at the end of term for which funds are appropriated. If funds are not appropriated, Operator will be notified of related City Council action.
Termination Without Penalty. This Agreement may be terminated as to a particular Trust Series at any time on sixty (60) days' written notice, without the payment of any penalty, by the Board of Trustees of the Trust, by the vote of a majority of the outstanding voting securities of such Trust Series, or by the Adviser. 5.
Termination Without Penalty 

Related to Termination Without Penalty

  • Termination Without Just Cause In the case of a termination of Executive’s employment hereunder Without Just Cause in accordance with Section 1.6.6, Executive shall be entitled to the following in lieu of any other compensation or benefits (under Section 1.4 of this Agreement or otherwise) from Employer:

  • Termination Without Notice The Employer may terminate an Employee’s employment without notice if the Employee engages in serious misconduct.

  • Termination Without Good Reason Executive shall have the right to terminate the Period of Employment and Executive’s employment hereunder at any time without Good Reason (as defined below) upon thirty (30) days prior written notice of such termination to the Company. Any such termination by the Executive without Good Reason shall be treated for all purposes of this Agreement as a termination by the Company for Cause and the provisions of Section 7(a) shall apply.

  • Termination Without Good Cause If Executive's employment is terminated by the Company without Good Cause, the following provisions shall apply:

  • Termination Without Cause The Company may terminate the Executive’s employment hereunder at any time without Cause. Any termination by the Company of the Executive’s employment under this Agreement which does not constitute a termination for Cause under Section 3(c) and does not result from the death or disability of the Executive under Section 3(a) or (b) shall be deemed a termination without Cause.

  • Termination Without Cause by the Company The Company may terminate the employment of the Employee hereunder at any time during the Employment Period without “Cause” (such termination being hereinafter called a “Termination Without Cause”) by giving the Employee notice of such termination.

  • Cause or Voluntary Termination without Good Reason If Executive’s employment shall be terminated for Cause during the Employment Period, or if Executive voluntarily terminates employment during the Employment Period without Good Reason, this Agreement shall terminate without further obligations to Executive, other than for payment of Accrued Obligations (excluding the pro-rata bonus described in clause 2 of Section 8(a)(i)(A)) and the timely payment or provision of Other Benefits.

  • Termination Without Default TFC may, at its sole option and discretion, terminate this Contract at any time, for any reason whatsoever, in whole or in part, by giving written notice (the “Notice of Termination”) to Contractor at least thirty (30) days prior to the effective date of termination or reduction in the scope of work. In the event of termination by TFC under this subsection, Contractor shall be governed by the terms and conditions, and shall perform the acts outlined in the following Section 2.3(c) below.

Time is Money Join Law Insider Premium to draft better contracts faster.