The CVL IM’s right to terminate Sample Clauses

The CVL IM’s right to terminate. The CVL IM may serve a Termination Notice on the Train Operator:
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The CVL IM’s right to terminate. The CVL IM may serve a Termination Notice on the Train Operator: where the Train Operator fails to comply with any material restriction in a Suspension Notice; where the Train Operator fails to comply with its obligations under paragraph 2.5.3; where the Train Operator Event of Default specified in paragraph 1.1(a) has occurred and is continuing; or where the Train Operator Event of Default specified in a Suspension Notice served by the CVL IM is not capable of being remedied and 3 months have elapsed from the service of that Suspension Notice.
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Related to The CVL IM’s right to terminate

  • Right to Terminate Either Party may unilaterally terminate this Annex by providing thirty (30) calendar days written notice to the other Party.

  • City’s Right to Terminate for Default Contractor’s failure to satisfactorily perform any obligation required by this Contract constitutes a default. Examples of default include a determination by City that Contractor has: (1) failed to deliver goods and/or perform the services of the required quality or within the time specified; (2) failed to perform any of the obligations of this Contract; and (3) failed to make sufficient progress in performance which may jeopardize full performance.

  • City’s Right to Terminate for Convenience City may, at its sole option and for its convenience, terminate all or any portion of this Contract by giving thirty (30) days’ written notice of such termination to Contractor. The termination of the Contract shall be effective upon receipt of the notice by Contractor. After termination of all or any portion of the Contract, Contractor shall: (1) immediately discontinue all affected performance (unless the notice directs otherwise); and (2) complete any and all additional work necessary for the orderly filing of documents and closing of Contractor's affected performance under the Contract. After filing of documents and completion of performance, Contractor shall deliver to City all data, drawings, specifications, reports, estimates, summaries, and such other information and materials created or received by Contractor in performing this Contract, whether completed or in process. By accepting payment for completion, filing, and delivering documents as called for in this section, Contractor discharges City of all of City’s payment obligations and liabilities under this Contract with regard to the affected performance.

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