WITHDRAWAL OF PARTY. (a) In an event where the 2 nd party or their immediate family i.e. spouse, children and parents due to severe/terminal sickness is unable to continue saving.
(b) In the event of the death of the 2 nd party subject to CLAUSE 6,
(c) The 2 nd party is allowed to withdraw from the savings scheme and upon withdrawal the amount contributed shall be refunded to him /her LESS of one month’s savings, EXCEPT: -
i) Where the 2 nd party can prove that due to sickness, he/she has failed to continue saving, all his /her saved money shall be refunded.
ii) The 2 nd Party is allowed to sell the land to a third party provided the 3 rd party is ready and willing to abide by the rules of the scheme and also have this contract signed. The 2 nd party has the sole responsibility of introducing the third party to the 1 st party and
WITHDRAWAL OF PARTY. A Party desiring to terminate its’ participation in this Agreement shall submit a resolution to that effect from its governing board and directed to the Policy Committee. Notice must be made at least 30 days in advance of termination of participation.
WITHDRAWAL OF PARTY. (A) BY PARTY OTHER THAN COUNTY: Upon the giving of a written notice thereof to all of the parties to this agreement prior to April 1, any of the parties hereto, except the County, may withdraw from this agreement at the end of any calendar year. After April 1 and the giving of such notice, the withdrawing party shall not be required to make further contributions to the Capital Reserve Fund, but shall make all other payments for the remainder of the year and until the effective date of such withdrawal. In the event that the withdrawing party has purchased and installed special equipment in accordance with section 6(B)(2), such equipment may be removed upon withdrawal from this agreement; provided, however, that any and all costs associated with such removal shall be borne and paid by the withdrawing party.
(B) BY COUNTY: Upon the giving of 18 or more months' written notice thereof to all of the other parties to this agreement, the County may withdraw from this agreement at the end of a calendar year. After giving of such notice, and during the final 12 months immediately prior to the effective date of such withdrawal, the County shall not be required to make further contributions to the Capital Reserve Fund, but shall make all other payments required by this agreement until the effective date of such withdrawal. In the event that the County has purchased and installed special equipment in accordance with section 6(B)(2), such equipment may be removed upon withdrawal from this agreement; provided, however, that any and all costs associated with such removal shall be borne and paid by the County. In the event of the withdrawal by Cowlitz County, the CCC shall be dissolved. In the absence of a succeeding agreement among all of the other parties to this agreement at the time of such withdrawal which provides for collective operation of a communications center, all equipment, facilities and property of the CCC shall be divided among such parties in a fashion designed to best allow such parties to fulfill their emergency response duties.
WITHDRAWAL OF PARTY. 10.1 In the event a General Member ceases to be a member as provided for herein the same shall be considered a withdrawing party and shall have no more legal interests in and to this association, including any interest in its dissolution, unless otherwise provided for herein specifically, but in the event the withdrawing party has any separate legal contract with the association the same shall not be affected by withdrawal unless such agreement specifically so provides.
WITHDRAWAL OF PARTY. Any party may withdraw from this Agreement as of the first day of July of any year following six (6) months’ notice to the other parties by resolution of intent to withdraw adopted by the legislative body of the party. A withdrawing party shall be compensated for its total capital asset value contributed less appreciation, by return of capital assets and/or cash payment, over a period not to exceed five (5) years, the method to be determined by the Board of Directors.
WITHDRAWAL OF PARTY. We agree that if a party decides to withdraw from the collaborative process: prompt written notice will be given to the other party and her or his attorney; there will be a thirty-day waiting period before initiating court proceedings; and all temporary agreements will remain in effect during this period. However, if either party satisfies a Court that there is an emergency requiring immediate action which must be dealt with before the thirty-day period expires, then that Court action will not be a breach of this contract. We intend by this provision to prevent surprise and prejudice to the rights of any party. We agree that either party may bring this provision to the attention of the Court in requesting postponement of a hearing.
WITHDRAWAL OF PARTY
