Notice of Intended Termination definition

Notice of Intended Termination means a notice which shall clearly state the specific termination provision in this Agreement relied upon and shall set forth in reasonable and specific detail the facts and circumstances claimed to provide a basis for termination of the Consulting Period. No Notice of Intended Termination shall be valid unless it is signed by a the entire board of directors of the Company (the "Board").
Notice of Intended Termination means the communication issued in accordance with this Agreement by one Party to the other Party before issuing a Termination Notice; "O&M" means the operation and maintenance of the Facility and includes all matters connected with or incidental to such operation and maintenance, in accordance with the provisions of this Agreement;
Notice of Intended Termination means a notice which shall clearly state the specific termination provision in this Agreement relied upon and shall set forth in reasonable and specific detail the facts and circumstances claimed to provide a basis for termination. For 20 days after receipt by Consultant of the Notice of Intended Termination, Consultant shall have the opportunity to meet and confer with the appropriate and authorized representative of the Company with respect to any complaint or alleged breach, violation or default hereunder, and shall have the opportunity to cure any such breach, violation, default or any other event which would be considered "Cause" hereunder for a period of 15 days following such meeting.

Examples of Notice of Intended Termination in a sentence

  • Any termination pursuant to this section shall be communicated by written Notice of Intended Termination.

  • If CONTRACTOR terminates this Agreement, CONTRACTOR shall send a copy of the Notice of Intended Termination to the State Department of Health Services.

  • Provided that before issuing such Termination Notice, the Party intending to issue the Termination Notice shall by a Notice of Intended Termination notify the other Party of such intention to issue the Termination Notice and grant 15 (fifteen) days’ time to make a representation, and may after the expiry of such 15 (fifteen) days period, whether or not it is in receipt of such representation, in its sole discretion, issue the Termination Notice.

  • Termination under this subparagraph (e) shall be effective upon the delivery by Employee to the Company of a Notice of Intended Termination (the “Notice”) at least fifteen (15) business days prior to termination by Employee.

  • For purposes of this Agreement, a "Notice of Intended Termination" shall mean a notice which shall clearly state the specific termination provision in this Agreement relied upon and shall set forth in reasonable and specific detail the facts and circumstances claimed to provide a basis for termination of the Consulting Period.

  • Before a termination for Cause, City shall transmit to Operator a Notice of Intended Termination for Cause, identifying with sufficient detail each material breach.

  • For purposes of this Agreement, a "Notice of Intended Termination" shall mean a notice which shall clearly state the specific termination provision in this Agreement relied upon and shall set forth in reasonable and specific detail the facts and circumstances claimed to provide a basis for termination.

  • For 20 days after receipt by Consultant of the Notice of Intended Termination, Consultant shall have the opportunity to meet and confer with the appropriate and authorized representative of the Company with respect to any complaint or alleged breach, violation or default hereunder, and shall have the opportunity to cure any such breach, violation, default or any other event which would be considered "Cause" hereunder for a period of 15 days following such meeting.

  • Termination under this subparagraph (e) shall be effective upon the delivery by Employee to the Company of a Notice of Intended Termination (the "Notice") at least fifteen (15) business days prior to termination by Employee.

  • Thirty days' written notice (the "Notice of Intended Termination") shall be given to the Consultant with the opportunity to cure within 30 days.


More Definitions of Notice of Intended Termination

Notice of Intended Termination means the communication issued in accordance with this Agreement by one Party to the other Party before issuing a Termination Notice;
Notice of Intended Termination has the meaning given to that term in clause 18.2(a).

Related to Notice of Intended Termination

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Notice of Intent means a notice that an environmental impact statement will be prepared and considered. The notice shall briefly:

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Notice of Intention means a notice to commence mining operations, including revisions to the notice.

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

  • Termination for Cause means termination because of: (1) Executive's personal dishonesty, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule, regulation (other than traffic violations or similar offenses), final cease and desist order or material breach of any provision of this Agreement which results in a material loss to the Institution or the Holding Company, or (2) Executive's conviction of a crime or act involving moral turpitude or a final judgement rendered against Executive based upon actions of Executive which involve moral turpitude. For the purposes of this Section, no act, or the failure to act, on Executive's part shall be "willful" unless done, or omitted to be done, not in good faith and without reasonable belief that the action or omission was in the best interests of the Institution or its affiliates. Notwithstanding the foregoing, Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to him a Notice of Termination which shall include a copy of a resolution duly adopted by the affirmative vote of not less than three-fourths of the members of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to Executive and an opportunity for him, together with counsel, to be heard before the Board), finding that in the good faith opinion of the Board, Executive was guilty of conduct justifying Termination for Cause and specifying the particulars thereof in detail. The Executive shall not have the right to receive compensation or other benefits for any period after Termination for Cause. During the period beginning on the date of the Notice of Termination for Cause pursuant to Section 8 hereof through the Date of Termination, stock options and related limited rights granted to Executive under any stock option plan shall not be exercisable nor shall any unvested awards granted to Executive under any stock benefit plan of the Institution, the Holding Company or any subsidiary or affiliate thereof, vest. At the Date of Termination, such stock options and related limited rights and any such unvested awards shall become null and void and shall not be exercisable by or delivered to Executive at any time subsequent to such Termination for Cause.

  • Termination for Convenience means the termination of the Trade Contract Agreement or the Trade Contractor Work by the Authority without cause and for the convenience of the Authority as decided in its sole discretion.

  • Optional Termination The termination of the trust created hereunder in connection with the purchase of the Mortgage Loans pursuant to Section 9.01(a) hereof.

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Nonrenewal Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Notice of Termination for Good Reason shall have the meaning set forth in Section 1(t).

  • Normal Termination means termination of employment or service with the Company and Affiliates: (i) by the Optionee; (ii) upon retirement; (iii) on account of death or Disability; or (iv) by the Company, a Subsidiary or Affiliate without Cause.

  • Potential Termination Event means an event which, with the passage of time or the giving of notice, or both, would constitute a Termination Event.

  • Termination Warning Notice means a notice sent by the Secretary of State to the Academy Trust, stating his intention to terminate this Agreement.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Renewal Notice As defined in Section 1.4(a).

  • Termination for Just Cause means termination because of Executive’s personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provision of this Agreement.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Termination for Good Reason means a Termination of Employment by Executive for a Good Reason.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Exercise Termination Event (i) the Effective Time (as defined in the Merger Agreement) of the Merger; (ii) termination of the Merger Agreement in accordance with the provisions thereof if such termination occurs prior to the occurrence of an Initial Triggering Event, except a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional); or (iii) the passage of 12 months after termination of the Merger Agreement if such termination follows the occurrence of an Initial Triggering Event or is a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional) (provided that if an Initial Triggering Event continues or occurs beyond such termination and prior to the passage of such 12-month period, the Exercise Termination Event shall be 12 months from the expiration of the Last Triggering Event but in no event more than 18 months after such termination). The "Last Triggering Event" shall mean the last Initial Triggering Event to expire. The term "Holder" shall mean the holder or holders of the Option.

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.

  • Company Termination Event has the meaning set forth in Section 10 hereof.

  • Without Cause Termination or “Terminated Without Cause” means termination of the Executive’s employment by the Company other than due to death, disability, or Termination for Cause.