Unilateral Termination Right Sample Clauses

Unilateral Termination Right. Regency shall have the unilateral right to terminate this Agreement upon ninety (90) days prior written notice (“Termination Notice”) if Regency is dissatisfied with the service being provided and Services Company fails to adequately address Regency's concerns within thirty (30) days of Regency's written notice to the Customer Service Representative of such concerns. Upon receipt of a Termination Notice, Services Company shall work in good faith with Regency to transition the G&A Services in accordance with Section 4.5. Except as waived or amended by this First Amendment, the Agreement shall remain unmodified and in full force and effect. This First Amendment shall be governed by and construed and interpreted in accordance with the laws of the State of Texas, without giving effect to the conflicts of law provisions or rules (whether of the State of Texas or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Texas. This First Amendment may be executed by facsimile signatures and such signatures shall be deemed binding for all purposes hereof without delivery of an original signature being thereafter required. This First Amendment may be executed in one or more counterparts, each of which, when executed, shall be deemed to be an original and all of which together shall constitute one and the same documents.
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Unilateral Termination Right. In addition to any other termination rights provided in this contract or at law, both parties expressly reserve the right, upon one hundred and fifty (150) days’ prior written notice to other party, to unilaterally terminate this Contract; provided, however, that the terminating party shall pay to other party an amount equal to twenty-five (25) percent of the Base Price, multiplied by the remaining number of tons scheduled for delivery from the effective termination date herein through the earliest applicable date for termination pursuant to the reopening provision under Sxxxxxx 0, Xxxxxxxx Xxxx; or if there is no renegotiation provision capable of effectuation after the date of termination under this Section 20, then through the date of expiration of this Contract; provided further, that the remaining number of tons scheduled for delivery shall be based on the remaining monthly tonnage required to be delivered hereunder Said payment by terminating party to non-terminating party shall constitute non-terminating party’s sole remedy against terminating party for any loss, cost, or damage incurred by non-terminating party as a result of terminating party’s termination under this section. Terminating party shall have no further obligation or liability under the contract or at law except with respect to coal delivered prior to said termination date as otherwise provided in Section 8, Adjustment for Quality, Section 15, Payment, Invoices, and Section 16, Weights.
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Unilateral Termination Right. This Section left intentionally blank.
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Unilateral Termination Right. Commencing no sooner than July 1, 211/, in addition to any other termination rights provided in this contract or at law, TVA expressly reserves the right, upon 60 days’ prior written notice to Contractor, to unilaterally terminate this contract; provided, however, that TVA shall pay to Contractor an amount equal to ten (10) percent of the Base Price, multiplied by the remaining number of tons scheduled for delivery from the effective termination date herein through the earliest applicable date for termination, pursuant to the reopening provisions under Xxxxxxx 0, Xxxxxxxx Xxxx; provided further, that the remaining number of tons scheduled for delivery shall be based on the minimum Nominated Quantity that may be nominated pursuant to Section 2, Quantity. Said payment by TVA to Contractor shall constitute Contractor’s sole remedy against TVA for any loss, cost, or damage incurred by Contractor as a result of TVA’s termination under this section. TVA shall have no further obligation or liability under the contract or at law except with respect to coal delivered prior to said termination date as otherwise provided in Section 8, Adjustment for Quality, Section 15, Payments, Invoices, and Section 16, Weights.
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Unilateral Termination Right. In addition to any other termination rights provided in this contract or at law or in equity, Buyer expressly reserves the right, upon eighteen (18) Months' prior written notice to Seller, to unilaterally terminate this Agreement; provided, however, that Buyer shall pay to Seller an amount equal to $4.00 per Ton, multiplied by the remaining number of Tons scheduled for delivery from the effective termination date herein through the normal expiration of the then current term. Said payment by Buyer to Seller shall constitute Seller's sole remedy against Buyer for any loss, cost, or damage incurred by Seller as a result of Buyer's termination under this Agreement. Buyer shall have no further obligation or liability under this Agreement or at law except with respect to coal delivered prior to said termination date or as otherwise provided.
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Unilateral Termination Right. Notwithstanding anything to the ---------------------------- contrary contained herein, in the event the sum of (i) all gross revenues invoiced in calendar year 2001 for all Exclusive Contracts and Prior Sales, plus (ii) all X-X Xxxxx Revenues invoiced in calendar year 2001 for all Bundled Sales, is less than $5,000,000, Hachette shall thereafter have the right, during the balance of the Initial Term, to terminate this Agreement upon thirty (30) days prior written notice to P2M.
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Unilateral Termination Right. In addition to the rights of the parties to terminate this Agreement set forth in Section 6 above, after January 1, 1998, either party shall have the unilateral right to terminate this Agreement, in its sole discretion and upon no less than thirty (30) days prior notice to the other party, at any time for any other reason or no reason. In the event META exercises such unilateral termination right, META shall pay to RSI the aggregate Royalties and reimbursable expenses to the date of such termination, subject to any claims or set offs META may have (including recoupment of any unearned Advance Royalty).
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Related to Unilateral Termination Right

  • Termination Right The Representative shall have the right to terminate this Agreement at any time prior to any Closing Date, (i) if any domestic or international event or act or occurrence has materially disrupted, or in its opinion will in the immediate future materially disrupt, general securities markets in the United States; or (ii) if trading on any Trading Market shall have been suspended or materially limited, or minimum or maximum prices for trading shall have been fixed, or maximum ranges for prices for securities shall have been required by FINRA or by order of the Commission or any other government authority having jurisdiction, or (iii) if the United States shall have become involved in a new war or an increase in major hostilities, or (iv) if a banking moratorium has been declared by a New York State or federal authority, or (v) if a moratorium on foreign exchange trading has been declared which materially adversely impacts the United States securities markets, or (vi) if the Company shall have sustained a material loss by fire, flood, accident, hurricane, earthquake, theft, sabotage or other calamity or malicious act which, whether or not such loss shall have been insured, will, in the Representative’s opinion, make it inadvisable to proceed with the delivery of the Securities, or (vii) if the Company is in material breach of any of its representations, warranties or covenants hereunder, or (viii) if the Representative shall have become aware after the date hereof of such a material adverse change in the conditions or prospects of the Company, or such adverse material change in general market conditions as in the Representative’s judgment would make it impracticable to proceed with the offering, sale and/or delivery of the Securities or to enforce contracts made by the Underwriters for the sale of the Securities.

  • Additional Termination Rights In addition to any right to terminate this Agreement under the provisions of this Section 16, either party shall have the further right to terminate this Agreement, upon delivery of written notice to the Agent, upon the occurrence of any of the following:

  • Buyer’s Termination Right If, prior to Closing and the delivery of possession of the Property to Buyer in accordance with this Contract, (a) any condemnation proceeding shall be pending against a substantial portion of the Hotel or (b) there is any substantial casualty loss or damage to the Hotel, Buyer shall have the option to terminate this Contract, provided Buyer delivers written notice to Seller of its election within twenty (20) days after the date Seller has delivered Buyer written notice of any such loss, damage or condemnation as provided above, and in such event, the Xxxxxxx Money Deposit, and any interest thereon, shall be delivered to Buyer and thereafter, except as expressly set forth herein, no party shall have any further obligation or liability to the other under this Contract. In the context of condemnation, “substantial” shall mean condemnation of such portion of a Hotel (or access thereto) as could, in Buyer’s reasonable judgment, render use of the remainder impractical or unfeasible for the uses herein contemplated, and, in the context of casualty loss or damage, “substantial” shall mean a loss or damage in excess of One Hundred Thousand and No/100 Dollars ($100,000.00) in value.

  • Term; Termination; Rights on Termination The term of this Agreement shall begin on the date hereof and continue for three (3) years, and, unless terminated sooner as herein provided, shall continue thereafter on a year-to-year basis on the same terms and conditions contained herein in effect as of the time of renewal (such initial three year period and any extensions thereof being referred to herein as the "Term"). This Agreement and Employee's employment may be terminated in any one of the following ways:

  • Early Termination Right Tenant shall have the right, subject to the provisions of this Section 39, to terminate this Lease (“Termination Right”) with respect to the entire Premises only as of July 31, 2021 (“Early Termination Date”), so long as Tenant delivers to Landlord (i) a written notice (“Termination Notice”), of its election to exercise its Termination Right no less than 12 months in advance of the Early Termination Date, and (ii) concurrent with Tenant’s delivery of the Termination Notice to Landlord, an early termination payment equal to the sum of (1) the unamortized amount of the Tenant Improvement Allowance actually disbursed by Landlord as of the Early Termination Date with amortization calculated on a straight line basis from the Commencement Date through the Base Term, (2) all of the unamortized leasing commissions paid by Landlord in connection with this Lease as of the Early Termination Date, with amortization calculated on a straight line basis from the Commencement Date through the Base Term, (3) the unamortized amount as of the Early Termination Date of the Additional Tenant Improvement Allowance actually disbursed by Landlord to Tenant, if any, with amortization calculated on a straight line basis from the Commencement Date through the Base Term, (4) the unamortized amount of the Base Rent that would have been payable during the Abatement Period had such amounts not been abated, with amortization calculated on a straight line basis from the Commencement Date through the Base Term, and (5) an amount equal to 4 months of Base Rent that would have been payable for the 4 months immediately following the Early Termination Date (collectively, the “Early Termination Payment”). If Tenant timely and properly exercises the Termination Right, Tenant shall vacate the Premises and deliver possession thereof to Landlord in the condition required by the terms of this Lease on or before the Early Termination Date and Tenant shall have no further obligations under this Lease except for those accruing prior to the Early Termination Date and those which, pursuant to the terms of this Lease, survive the expiration or early termination of this Lease. If Tenant does not deliver to Landlord the Termination Notice and the Early Termination Payment within the time period provided in this paragraph, Tenant shall be deemed to have waived its Termination Right and the provisions of this Section 39 shall have no further force or effect.

  • Termination; Rights on Termination Employee's employment may be ---------------------------------- terminated in any one of the followings ways, prior to the expiration of the Term:

  • Termination Rights This Agreement may be terminated at any time prior to the Closing:

  • Voluntary Termination; Termination for Cause If Executive's employment with the Company terminates voluntarily by Executive or for Cause by the Company, then all vesting of the Option and all other options granted to Executive will terminate immediately and all payments of compensation by the Company to Executive hereunder and all obligations with respect thereto (including, without limitations, with respect to base salary, bonuses, employee benefits, relocation and temporary living reimbursements and other expense reimbursements) will terminate immediately (except as to amounts already earned).

  • Other Termination Rights This Agreement may be terminated at any time prior to the Closing by the applicable party if and to the extent permitted in Part V of Appendix B.

  • Waiver of Termination Right Landlord and Tenant agree that the foregoing provisions of this Paragraph 20 are to govern their respective rights and obligations in the event of any damage or destruction and supersede and are in lieu of the provisions of any applicable law, statute, ordinance, rule, regulation, order or ruling now or hereafter in force which provide remedies for damage or destruction of leased premises (including, without limitation, to the extent the Premises are located in California, the provisions of California Civil Code Section 1932, Subsection 2, and Section 1933, Subsection 4 and any successor statute or laws of a similar nature).

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