Withdrawal from Business Sample Clauses

Withdrawal from Business. The Company shall terminate this ------------------------ Agreement upon 60 days written notice to the Executive of a bona fide decision by the Company to wind up its business and liquidate its assets (other than in connection with a merger, consolidation, or other event specified in Section 7), and all rights and obligations of both parties are hereto (except those under Section 6.d. hereof) shall cease upon such termination. In this event, the Executive shall be paid the unpaid portion, if any, of his then prevailing salary prorated to the date of termination.
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Withdrawal from Business upon written notice to Licensee, in the event that Licensee withdraws from or discontinues its conduct of the Business;
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Withdrawal from Business. 9.1 Each of the Shareholders irrevocably offers to sell, by the following, to its Co-Shareholders who irrevocably accept to buy pursuant hereto, all and not less than all of the Shares (in this Article, the "Offered Shares") at the price determined in Section 9.2 and pursuant to the terms and conditions (in the present Article, the "Offer") in the event that one of the events described in this Article occurs, this irrevocable offer to sell being conditional upon the occurrence of said event. Under Section 9, a Shareholder shall be deemed to have withdrawn from the business of the Corporation in the following cases ("Case of Withdrawal"):
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Withdrawal from Business. 8.1 A shareholder/co-owner's withdrawal from business will automatically trigger the irrevocable offer mentioned herein at Article 7.1, starting from the date of such withdrawal or from the date when Oasis and/or Omega become aware of such withdrawal;
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Related to Withdrawal from Business

  • Withdrawal from Agreement A. Any Fund may elect to withdraw from this Agreement effective at the end of any monthly period by giving at least 90 days’ prior written notice to each of the parties to this Agreement. Upon the written demand of all other Funds which are parties to this Agreement a Fund shall withdraw, and in the event of its failure to do so shall be deemed to have withdrawn, from this Agreement; such demand shall specify the date of withdrawal which shall be at the end of any monthly period at least 90 days from the time of service of such demand.

  • Withdrawal of Assets If an arrangement with an Eligible Securities Depository no longer meets the requirements of Rule 17f-7, the Custodian shall direct the Domestic Subcustodian to withdraw the Fund’s Foreign Assets from such depository as soon as reasonably practicable.

  • Permitted Withdrawals and Transfers from the Master Servicer Collection Account (a) The Master Servicer will, from time to time on demand of a Servicer or the Securities Administrator, make or cause to be made such withdrawals or transfers from the Master Servicer Collection Account as the Master Servicer has designated for such transfer or withdrawal pursuant to this Agreement and the related Servicing Agreement. The Master Servicer may clear and terminate the Master Servicer Collection Account pursuant to Section 10.01 and remove amounts from time to time deposited in error.

  • Permitted Withdrawals From Escrow Account Withdrawals from the Escrow Account or Accounts may be made by the Servicer only:

  • Death After Separation from Service But Before Benefit Distributions Commence If the Executive is entitled to benefit distributions under this Agreement, but dies prior to the commencement of said benefit distributions, the Bank shall distribute to the Beneficiary the same benefits that the Executive was entitled to prior to death except that the benefit distributions shall commence within thirty (30) days following receipt by the Bank of the Executive’s death certificate.

  • Permitted Withdrawals From Custodial Account The Servicer shall, from time to time, withdraw funds from the Custodial Account for the following purposes:

  • Partial Withdrawals At any time any Holder shall be entitled to request a withdrawal of such portion of the Interest held by such Holder as such Holder shall request.

  • Plan Withdrawals The Borrower or any member of the Controlled Group as employer under a Multiemployer Plan shall have made a complete or partial withdrawal from such Multiemployer Plan and the plan sponsor of such Multiemployer Plan shall have notified such withdrawing employer that such employer has incurred a withdrawal liability in an annual amount exceeding $1,000,000;

  • Permitted Withdrawals from the Collection Account The Servicer may, from time to time, withdraw funds from the Collection Account for the following purposes:

  • No Withdrawal No Person shall be entitled to withdraw any part of such Person’s Capital Contribution or Capital Account or to receive any Distribution from the Company, except as expressly provided in this Agreement.

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