Termination of Agreements definition

Termination of Agreements means the Termination of Agreements, dated as of the date hereof, by and among KES S&T, KES Air Technologies, LLC, a Georgia limited liability company and the Purchaser.
Sample 1

Examples of Termination of Agreements in a sentence

  • Pending resolution of any dispute under this Agreement, the Parties agree to fulfill their responsibilities in accordance with this Agreement, unless the Party is a CP and voluntarily suspends its participation in the P3N in accordance with Section 8 (Suspension and Termination of Agreements), or is suspended in accordance with this Agreement.

  • Nothing in this Section prevents the Parties from exercising their right to terminate this Agreement in accordance with Section 8 (Suspension and Termination of Agreements).

  • In addition to terms where survival is otherwise specified, the following Sections of this Agreement shall survive termination of this Agreement: Section 8 (Suspension and Termination of Agreements); Section B.

  • Termination of Agreements with Grubb & Ellis Healthcare REIT II On November 7, 2011, Grubb & Ellis Healthcare REIT II (“Healthcare REIT II”), a separate legal entity with an independent board of directors sponsored by us, terminated its advisory and dealer-manager relationships (collectively the “REIT agreements”) with various subsidiaries of Grubb & Ellis.

  • Section 1.1 Definitions 2 Section 1.2 References; Interpretation 20 Section 1.3 Effective Time 20 Section 1.4 Other Matters 20 Section 2.1 General 20 Section 2.2 The Separation 21 Section 2.3 Settlement of Intergroup Indebtedness 22 Section 2.4 Bank Accounts; Cash Balances 22 Section 2.5 Limitation of Liability; Termination of Agreements.

  • The termination of the Management Agreements by Oaklawn, Meadowbrook, Big Sky and Lost Canyons, as owner, and DPMG as manager, shall be evidenced by the due execution by the signatories to the Termination of Agreements attached hereto as Exhibit 11.

  • In addition to terms where survival is otherwise specified, the following Sections of this Agreement shall survive termination of this Agreement: Section 8 (Suspension and Termination of Agreements); Section 1.

  • President of Russia Press Release, Termination of Agreements on the Presence of Russia’s Black Sea Fleet in Ukraine (Apr.

  • Cash Balances 21 Section 2.5 Limitation of Liability; Termination of Agreements.

  • In this regard, if the Fund does not enter into the Memorandum of Agreement on the Termination of Agreements Relating to the Investment and the Benefit Arrangement of the Operation of Samui Airport, the Fund will not be able to demand any deposit or penalty from BA.

Related to Termination of Agreements

  • Termination of irradiation means the stopping of irradiation in a fashion which will not permit continuance of irradiation without the resetting of operating conditions at the control panel.

  • Termination of Services means Participant’s Termination of Consultancy, Termination of Directorship or Termination of Employment, as applicable.

  • Period of Agreement means 5 years from the date of Final acceptance of the Project.

  • Assignment of Agreements means, with respect to each Individual Property, a first priority Assignment of Management Agreement and Agreements Affecting Real Estate or Amended and Restated Assignment of Management Agreement and Agreements Affecting Real Estate, as applicable, in form and substance satisfactory to Lender, dated as of the Closing Date, from each applicable Borrower, as assignor, to Lender, as assignee, as the same may thereafter from time to time be supplemented, amended, modified or extended by one or more written agreements supplemental thereto.

  • 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.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Term of Agreement for the purposes of this Agreement shall have the meaning ascribed thereto in Article 2.2 of this Agreement;

  • Termination With Cause and “Cause” shall have the same meaning specified in any effective severance or employment agreement existing on the date hereof or hereafter entered into between the Executive and the Bank. If the Executive is not a party to a severance or employment agreement containing a definition of termination with cause, Termination with Cause means the Bank terminates the Executive’s employment for any of the following reasons –

  • Breach of Agreement provisions of Section 5(a)(ii) will apply to Party A and will not apply to Party B.

  • Termination or “Terminated” means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor or advisor to the Company or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by the Committee; provided, that such leave is for a period of not more than 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company or a Parent or Subsidiary of the Company as it may deem appropriate, except that in no event may an Award be exercised after the expiration of the term set forth in the applicable Award Agreement. The Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the “Termination Date”).

  • Date of Agreement as used herein shall be the date when by execution and delivery (as defined in paragraph 20.2) of this document or a subsequent counteroffer thereto, Xxxxx and Seller have reached agreement in writing whereby Seller agrees to sell, and Xxxxx agrees to purchase, the Property upon terms accepted by both Parties.

  • Termination of parental rights means the permanent elimination of all parental rights and duties, including residual parental rights and duties, by court order.

  • Articles of Agreement means the Articles of Agreement of the Bank.

  • Service Agreements means the agreements in the agreed form to be entered into between the Company and each of the Founders;

  • Termination Other Than For Cause means termination by the Company of Employee's employment by the Company for reasons other than those which constitute Termination for Cause.

  • Termination of Consultancy means: (a) that the Consultant is no longer acting as a consultant to the Company or an Affiliate; or (b) when an entity which is retaining a Participant as a Consultant ceases to be an Affiliate unless the Participant otherwise is, or thereupon becomes, a Consultant to the Company or another Affiliate at the time the entity ceases to be an Affiliate. In the event that a Consultant becomes an Eligible Employee or a Non-Employee Director upon the termination of such Consultant’s consultancy, unless otherwise determined by the Committee, in its sole discretion, no Termination of Consultancy shall be deemed to occur until such time as such Consultant is no longer a Consultant, an Eligible Employee or a Non-Employee Director. Notwithstanding the foregoing, the Committee may otherwise define Termination of Consultancy in the Award Agreement or, if no rights of a Participant are reduced, may otherwise define Termination of Consultancy thereafter, provided that any such change to the definition of the term “Termination of Consultancy” does not subject the applicable Award to Section 409A of the Code.

  • Special Representations has the meaning set forth in Section 8.1.

  • Noncompetition Agreements as defined in Section 2.4(a)(iv).

  • Employment Agreements has the meaning set forth in Section 7.5.

  • Letter of Agreement means a written document that informally resolves a

  • Medicaid Notification of Termination Requirements Any Contractor accessing payments for services under the Global Commitment to Health Waiver and Medicaid programs who terminates their practice will follow the Department of Vermont Health Access, Managed Care Organization enrollee notification requirements.

  • 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.

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

  • Non-Competition Agreements has the meaning set out in Section 7.1.1.7;

  • Termination Letter has the meaning specified in Section 2.17(b).

  • Eligible Termination means the involuntary termination of Participant’s employment without Cause, provided that at the time of such termination Participant is a Senior Officer and has completed at least ten (10) years of service as a Senior Officer.