Termination Events definition
Termination Events means each of the events specified in Clause 10.3 of this Contract.
Termination Events has the meaning set forth in Section 10 hereto.
Termination Events. The following events shall each be considered a “Termination Event” and, upon the occurrence of any of them, shall have the effect of immediately terminating the Company’s obligations under this Agreement, including its obligation to make any further payments hereunder but excluding the payment of base salary which is accrued at the date of termination:
(i) Executive’s death;
(ii) Executive’s Disability for such period of time and under circumstances which would constitute a Permanent Disability (as defined in Section 16);
(iii) The termination of Executive’s employment by the Company for Cause (as defined in Section 16); or
(iv) The termination of Executive’s employment by Executive for any reason other than Good Reason (as defined in Section 16).
Examples of Termination Events in a sentence
It is understood that (i) the financial terms that may not be disclosed except in compliance with this Section 12.13(a) include all fees and other pricing terms, and all Events of Default, Collateral Manager Termination Events, and priority of payment provisions and (ii) copies of the Transaction Documents (other than the fee letters) may be disclosed by the Fund in connection with its reporting obligations under the Exchange Act.
It is understood that the financial terms that may not be disclosed except in compliance with this Section 12.13(a) include, without limitation, all fees and other pricing terms, and all Events of Default, Collateral Manager Termination Events, and priority of payment provisions.
More Definitions of Termination Events
Termination Events has the meaning set forth in Section 6 hereof.
Termination Events has the meaning assigned to such term in Section 16(c).
Termination Events is defined in Section 10.
Termination Events means each of the events specified in Clause 13.4.
Termination Events. The Share Exchange agreement entered into on the basis of this LOI will have provisions for termination, and the rescission of any actions undertaken in order to fulfill the obligations of this LOI or a subsequent agreement, upon the occurrence of any one of the following events: · By mutual consent and such consent will not be unreasonably withheld; or · By either party if either party is not satisfied with the results of due diligence undertaken in good faith.
Termination Events has the meaning set forth in Section 13.02 hereof.
Termination Events. Any of the RP’s actions are not in compliance with UNDP’s Social and Environmental Standards. The RP is in material breach of any of the provisions, obligations and responsibilities under this Agreement, that would either (i) reasonably be expected to materially adversely affect the RP’s ability to achieve the Result(s) and complete the Deliverable(s); or (ii) be a material violation of any local laws applicable to the RP, or the financial regulations and rules applicable to the RP under this Agreement. The IA finds, through its application of the Validation Methodology, that the RP has failed to achieve any of the ‘minimum progress thresholds’ as described in Annex H that may jeopardize the overall success and achievement of the Result(s). Upon the occurrence of any force majeure event which is outside the reasonable control of either Party and is not attributable to any act or failure to take preventive action by that Party, including force majeure or any other disaster natural or man-made, acts of terrorism or similar cause beyond the reasonable control of the Party affected thereby, and political developments which prevent the Parties' access to data or any event which prevents a Party from performing its obligations under this Agreement for a period in excess of three (3) months from the due date of meeting their respective obligation(s). Termination of the IAA by UNDP or the IA, and the Parties are unable to agree on the options for the continuation of this Agreement, including the contracting of another IA.