Termination of Contract definition

Termination of Contract. Means of terminating the Contract by the City or the Successful Bidder and the non-terminating party’s rights and remedies.
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Termination of Contract. Means for terminating the Contract by the Library or the Successful Respondent and the non-terminating party’s rights and remedies.
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Termination of Contract means the ending of the contractual relationship during the term of the contract.
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Examples of Termination of Contract in a sentence

  • If the Contractor shall fail for 15 days after such notice has been given to proceed with the work as therein prescribed, the Bank may proceed as provided in Clause 56 (Termination of Contract by the Bank).

  • If the contractor fails to start the work within seven days after such notice has been given to proceed with the works as therein prescribed, the Employer may proceed as provided in clause 39 (Termination of Contract by Employer).

  • Termination of Contract: Security Printing Press, Hyderabad may at any time terminate the contract by giving two months prior notice in writing to that effect and shall have the liberty to appoint any other agency to carry out your obligation under this contract.

  • Provisions regarding Vendor default are included in the BuyBoard General Terms and Conditions, including Section E.18, Remedies for Default and Termination of Contract.

  • Please see Section entitled Termination of Contract If the award is to be made on the basis of a base bid only, it shall be made to that responsible bidder submitting the lowest base bid.

  • Upon such determination by the city, it may terminate the contractor's right to proceed with the work, in accordance with the provisions governing Termination of Contract in these General Conditions.

  • Scope of Services Reference Sections 1 & 2 of RFP: Description, Overview and Scope Termination of Contract: Reference section 7 of RFP.

  • Adherence to University Requirements Reference standard terms, conditions and all articles of RFP Termination of Contract: Reference section 7 of RFP.

  • Deviations from, or objections or reservations to critical provisions such as those concerning Performance Security, Terms and Mode of Payment; Variation, Delay in the Contractor’s Performance, Liquidated Damages, Termination of Contract, Force Majeure, Resolution of Disputes, Applicable law etc.

  • Specifications, Goals and Deliverables Reference section 13 of RFP: Specifications/Goals and Deliverables Termination of Contract: Reference section 7 of RFP.


More Definitions of Termination of Contract

Termination of Contract means the ending of the contractual relationship during the term of the contract; however, at the Board of Trustees discretion, the terms regarding compensation and benefits shall be paid out or may continue through the effective dates of the contract.CHAPTER 2 GENERAL PROVISIONS‌
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Termination of Contract. If you wish to cease being a resident of the Boarding House, it is expected that you will provide at least four weeks notice. • Any breach which contravenes the Mazenod College Code of Conduct or the Terms of Agreement in this contract will be discussed with yourself, the Head of Boarding and the Principal of the College. Such a process will determine whether this contract is immediately terminated resulting in the cessation of your tenure as a resident.
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Termination of Contract. This Contract will terminate when: (a) no further contributions may be paid under this Contract; and (b) no Participant's account remains uncancelled; and (c) no further annuity or transfer payments are payable from this Contract; or (d) as otherwise agreed upon by the Contractholder and Us. ANNUITY PROVISIONS ANNUITY DATE Annuity Date is the date on which annuity payments are to begin. Prior to the Annuity Date, there is no cash surrender value except as may be provided by the form of Annuity purchased or as may be agreed by Us when the Annuity is purchased. The Participant selects an Annuity Date at the time of application. The Participant may change the Annuity Date at any time, at least seven days prior to the Annuity Date, by written notice to the Company at its Annuity Service Center. If no Annuity Date is selected, the Annuity Date will be the latest Annuity Date, as set by the Company DEFERMENT OF PAYMENTS We may defer making payments from the Fixed Account Options for up to six (6) months. Interest, subject to state requirements, will be credited during the deferral period.
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Related to Termination of Contract

  • 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.

  • Servicer Termination Notice Defined in Section 6.11.

  • ERISA Termination Event means (i) a “Reportable Event” described in Section 4043 of ERISA and the regulations issued thereunder (other than a “Reportable Event” not subject to the provision for 30-day notice to the PBGC under such regulations), or (ii) the withdrawal of a Borrower or any of its ERISA Affiliates from a “single employer” Plan during a plan year in which it was a “substantial employer”, both of such terms as defined in Section 4001(a) of ERISA, or (iii) the filing of a notice of intent to terminate a Plan or the treatment of a Plan amendment as a termination under Section 4041 of ERISA, or (iv) the institution of proceedings to terminate a Plan by the PBGC or (v) any other event or condition which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan or (vi) the partial or complete withdrawal of a Borrower or any ERISA Affiliate of such Borrower from a “multiemployer plan” as defined in Section 4001(a) of ERISA.