Termination Clause definition

Termination Clause. Notwithstanding anything to the contrary contained herein, commencing thirty-six (36) months after Client's Acceptance as noted above, Client may cancel this Product Schedule for any reason at the time frames stated in the chart below by providing USi with ninety (90) days written notice. Client agrees to pay USi a termination fee based on the chart below upon exercising its rights under this Termination Clause. --------------------------------- ------------------------ CALENDAR MONTH OF TERMINATION TERMINATION FEE --------------------------------- ------------------------ 37th to 42nd $1,800,000 --------------------------------- ------------------------ 43rd to 48th $1,260,000 --------------------------------- ------------------------ 49th to 54th $ 720,000 --------------------------------- ------------------------ 55th to 57th $ 360,000 --------------------------------- ------------------------ SERVICE LEVEL AGREEMENT: USi's will provide for [CONFIDENTIAL TREATMENT] Availability for Services (as herein defined) within USi's direct control where "Availability" refers to a Users ability to access the application on the appropriate USi hosted server. Services include network services to the ISP circuit termination point on the Cisco router in the data facility, all network hardware, firewalls or other security services provided in the iMAP Solution. REMEDY: In the event USi is unable to provide:
Termination Clause means a contract clause which allows the cabinet to terminate, at its own discretion, the performance of work and to make settlement of the consultant's claims.
Termination Clause. This Agreement shall continue in full force and effect until terminated by either party or changed by consent of both parties. Either party may terminate this Agreement by giving sixty (60) days notice in writing. If either party desires to modify or change the agreement, it shall, at least sixty (60) days prior to the date when it proposes that such change or modification become effective, give notice in writing of the proposed change or modification. The other party within ten (10) days after receipt of said notice shall either accept or reject the proposal or request a conference to negotiate the proposal. This Agreement is subject to written notice of ratification by the local Union to be given to the local Management not later than the 1st day of June, 2004. After such notice of ratification is received from the local Union by Management, this Agreement will be effective as provided for herein upon approval of the Guide Corporation the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America. Local No. 663 Guide Corporation International Union Anderson, IN United Auto Workers Xxx Xxxxxx Xxxxxxx X. Xxxxxxx Xxxxx Xxxxxxxxx Xxxxx X. Xxxxx Xxxxx Xxxxxxxxx Xxxxxxx X. Xxxxx Xxxx Xxxx Xxxxx Xxxxxx

Examples of Termination Clause in a sentence

  • This Agreement shall then continue until cancelled in accordance with the Termination Clause below.

  • This agreement shall then continue until cancelled in accordance with the Termination Clause below.

  • Contractors that repeatedly fail to extend the established agreed upon pricing may be given termination notice in accordance with Termination Clause (Section 13 of this agreement).

  • If the SCR determines that any failure to perform results from one or more of the causes above, the delivery schedule shall be revised, subject to the rights of Sandia or the Government under the Termination Clause of this contract.

  • Given this information, the landlord may have the following options: Termination Clause – If the landlord inserted an “early termination” provision that allows them to end the occupancy as long as a certain number of days’ notice is delivered to the tenant, then they will be able to break the lease accordingly.


More Definitions of Termination Clause

Termination Clause. Either party may terminate the Sawlog Agreement if:
Termination Clause. If the employer has mentioned certain conditions in the termination clause under which they can let go the employee. Then it might limit the power of the employer to terminate any unproductive employee in any other case. Post Views: 264 Note: Your initial answers are saved automatically when you preview your document.This screen can be used to save additional copies of your answers. Check to hide this tip in the future. TERMS AND CONDITIONS OF EMPLOYMENT Date: From: To: Re: Employment with Dear We are pleased to offer you ("You" or the "Employee") employment in , having its office at
Termination Clause. If you are terminated without cause within the first twelve (12) months of employment, Overland agrees to provide severance in the amount of six (6) months base pay and twelve (12) months medical COBRA coverage. There is no guaranteed offer of severance beyond the first year of employment or if you are terminated for cause. Change of Control: You will be offered an executive Retention Agreement under which you will be entitled to receive severance in a lump-sum amount equal to twelve (12) months base salary plus target bonus and twelve (12) months medical COBRA coverage in the event you are terminated for a reason other than Cause within two (2) years of a Change of Control of the Company. This offer of employment is contingent on the following two conditions:
Termination Clause. The agreement can only be terminated with a 3 months written prior notice or payment in lieu thereof by the client. Nonpayment of dues to the extent of one month will attract discontinuation of cloud services by the Supplier and will be reinstated only upon regularization of payments so pending along with restoration charges.  Effect of termination: In the event of termination or expiry of this Agreement, (A) Purchaser will (i) forthwith cease to access and / or use any of MASTERSOFT’s Application Systems and Services Environment; (ii) return MASTERSOFT any of MASTERSOFT’s confidential and proprietary information and material in its possession; and (iii) purchase Equipment at the then market value or the written down book value in MASTERSOFT’s books whichever is higher; and (B) MASTERSOFT will (i) return to Purchaser all confidential and proprietary information of Purchaser;  In case of termination, on release of all balance dues, on request from Purchaser, MasterSoft will share Purchaser data in Excel format.  In case of discontinuation of Cloud ERP by Purchaser, MasterSoft will maintain the Purchaser data with itself, maximum for three months. Subsequently, MasterSoft will erase the data permanently.  Dispute Resolution - As far as possible, for any dispute, Purchaser & Supplier’s Management will settle such disputes at their own level. In case if this fails, Contract can be discontinued by either party by giving three months advance notice or money equivalent to three month billing of the Purchaser.
Termination Clause. This Agreement shall continue in full force and effect until terminated by either Party or changed by consent of both parties. Either party may terminate this Agreement by giving 60 (sixty) days notice in writing. If either party desires to modify or change the Agreement, it shall, at least sixty (60) days prior to the date when it proposes that such a change or modification becomes effective, give notice in writing of the proposed change or modification. The other party, within ten
Termination Clause. We agree to a no fault conclusion of our mentoring relationship without blame or question if, for any reason, it seems appropriate by either of us.
Termination Clause. Without Cause: Either party may terminate with 30 days’ prior written notice. Total Spend with Vendor: Description Board Approval Total Estimated Spend for the Contract Period August 1, 2023 – July 31, 2026 Approval Requested $2,678,400 Estimated Cost Savings: There are no estimated cost savings. Fiscal Implications: The proposed Agreement will be included in the FY 2024 budget. Reasons for Recommendation: BACS is a reputable provider in the community of medical respite care for unhoused individuals. Many AHS patients are unhoused and require post-acute care. BACS has been a reliable provider since 2018. Impacted Facilities: Coordination with Medical Staff: Vice President, Population Health supports entering into this Agreement. Executive Sponsor: Vice President, Patient Care Services Prior BOT Review/Action: N/A JGPH Highland Fairmont San Xxxxxxx Xxxxxxx Clinic(s) X X X X X X Contractor/Vendor Name: Infor (US), LLC (“Infor”) Description: In May 2007, Alameda Health System (“AHS”) entered a Master Software Customer Agreement with Xxxxxx, an enterprise resource planning (“ERP”) software solution provider. ERP relies on a host of integrated software applications to provide real-time management of business processes (i.e. financials, supply chain, HR, etc.). In 2011, Infor acquired Xxxxxx and has since established itself as a global leader in software products for organizations in industry specific markets like healthcare. Infor builds complete industry ERP suites that integrate easily into existing systems and adapt to new systems. For over a decade, departments across AHS have relied on this centralized platform for collecting, storing, managing, and interpreting data within their departments. Use of this integrated business process management solution has improved organizational efficiency, streamlined processes, and facilitated data-driven decision making within AHS. As an example, our Accounts Payable department depends on the Infor ERP System to efficiently process +100,000 invoices every year. The current agreement (“Current Agreement”) with Infor expires on July 31, 2023. Services provided under the Current Agreement include the following: • Human Resource Package • Payroll Package • Financials Accounts Payable • Financials General LedgerProject Accounting • Grant Management PackageBusiness IntelligencePurchase Order SystemInventory Management The Infor ERP system is critical to AHS’s day-to-day business activities by automating complex, h...