Termination with Immediate Effect. If the Secretary of State has cause to serve a notice on the Company under section 165 of the Education Xxx 0000 and a determination (from which all rights of appeal have been exhausted) has been made that the Academy shall be struck off the Register of Independent Schools, he may terminate this Agreement by notice in writing to the Company such termination to take effect on the date of the notice.
Termination with Immediate Effect. If on or after 31 July 2014 or at any time after signing this Agreement and before the Academy opens, the total number of prospective pupils having accepted offers of places to attend at the Academy in September 2014 is fewer than 75 the Secretary of State may by written notice to the Company:
Termination with Immediate Effect. If the Secretary of State has cause to serve a notice on the Academy Trust under section 165 of the Education Act 2002 and a determination (from which all rights of appeal have been exhausted) has been made that the Academy shall be struck off the Register of Independent Schools, he may terminate this Agreement by notice in writing to the Academy Trust such termination to take effect on the date of the notice. The Secretary of State may at any time by notice in writing terminate this Agreement, such termination to take effect on the date of the notice, on the occurrence, or where in his reasonable opinion there is a serious risk of occurrence, of any of the following events:- the Academy Trust calls a meeting of its creditors (whether formal or informal) or enters into any composition or arrangement (whether formal or informal) with its creditors; or the Academy Trust proposes a voluntary arrangement within Section 1 of the Insolvency Act 1986; or the Academy Trust is unable to pay its debts within the meaning of Section 123 of the Insolvency Act 1986 provided that, for the purposes of this clause, Section 123 (1)(a) of the Insolvency Act 1986 shall have effect as if the amount of £10,000 was substituted for £750. The Academy Trust shall not be deemed unable to pay its debts for the purposes of this clause if any such demand as is mentioned in the said Section is being contested in good faith by the Academy Trust; or the Academy Trust has a receiver and manager (with the exception of Receivers and Managers or Interim Managers appointed by the Charity Commission under the Charities Act 2011 or any subsequent re-enactment of that Act), administrator or administrative receiver appointed over all or any part of its undertakings, assets or income; or any distraint, execution or other process is levied or enforced on any of the Academy Trust’s property and is not paid out, withdrawn or discharged within fifteen Business Days; or the Academy Trust has passed a resolution for its winding up; or an order is made for the winding up or administration of the Academy Trust. The Academy Trust shall notify the Secretary of State as soon as possible after receiving any petition which may result in an order for the winding up or administration of the Academy Trust and shall provide an explanation to the Secretary of State of the circumstances giving rise to the service of such a petition.
Termination with Immediate Effect. Either Party may at any time terminate this Agreement as of right prior to the end of its term, effective upon Notice to the other Party, if any of the following events occur:
Termination with Immediate Effect. If the Company has not obtained full planning permission (including where relevant listed building consent), in respect of the site on which it is proposed that the Academy will be situated, by date 31/07/2013, the Secretary of State may terminate this Agreement by notice in writing to the Company such termination to take effect on the date of the notice.
Termination with Immediate Effect. 14.4.1 Your employment may be terminated by Your Employer at any time with immediate effect if you:
(a) in the opinion of Your Employer:
(i) are negligent in carrying out your duties;
(ii) fail or refuse to obey any reasonable and lawful instruction regarding the performance of your duties;
(iii) commit an act of serious misconduct;
(iv) seriously or persistently breach a term of this Agreement;
(v) fail to comply with any obligation imposed on you by any applicable laws;
(b) are declared bankrupt or fail to immediately notify Your Employer if you are declared bankrupt;
(c) fail to immediately notify Your Employer if you are charged with or found guilty of any criminal offence which, in the opinion of Your Employer may bring Your Employer into disrepute or may affect your ability to carry out your employment duties properly;
(d) are precluded from taking part in the management of Your Employer for any reason; or
(e) are precluded from working in Australia for any reason.
14.4.2 If your employment is terminated with immediate effect, then Your Employer must pay you your Total Fixed Remuneration up to the date of termination only.
Termination with Immediate Effect. SIPA or PROVIDER shall have the right to terminate this Contract, in whole or in part, at any time and with immediate effect, in any of the following events: If either party becomes insolvent or is declared bankrupt; or any involuntary proceeding in bankruptcy is filed against it and not dismissed within ninety (90) days, or either party files for reorganization under the bankruptcy code. If either party resorts to fraudulent practices in connection with the Contract, including, but not limited to: Deceit concerning the nature, quality, or quantity of Electronic Information, Products, and Services required to be rendered under this Contract; or The giving or offering of gifts or remuneration for the purposes of bribery to any person on either party’s Board of Directors, in the employ of either party or any EGE, or acting on behalf of any of them, irrespective of whether such bribes or remuneration are made on the initiative of either party. In the event of such termination, either party’s remedies shall be the same as in the case of discharge for breach of Contract by either party.
Termination with Immediate Effect. Either party may terminate this Agreement effective upon written notice if either of the following events occurs.
(a) The other party commits a breach of this Agreement and the breach is not remedied within 30 days after the receipt of notice identifying the breach and requiring its remedy; or
(b) The other party (I) becomes unable to pay its debts as they become due, (II) suspends payment of its debts, (III) enters into or becomes subject to corporate rehabilitation or bankruptcy proceedings or liquidation or dissolution, (IV) makes an assignment for the benefit of its creditors or (V) seeks relief under any similar laws for debtor’s relief.
(c) If the License Agreement terminates for whatsoever reason.
Termination with Immediate Effect. In the event of any of the following events, the Supplier may terminate this Contract immediately upon sending a notice to the Dealer setting forth the reasons for termination: · The Dealer fails to obtain within the agreed period or is deprived of any governmental license or business authorization required for the performance of this Contract ; · The Dealer becomes insolvent or bankrupt; · The Dealer fails to repay its debts within seven days following the due date determined by a court or arbitration tribunal; · The Dealer’s assets or business is taken over by any receivers; · The Dealer fails to perform its payment obligation hereunder; · The Dealer encounters any difficulties in personnel, organizational structure or finance which makes it impossible to perform any substantial provision of this Contract; · The Dealer files a serious false claim for compensation, and/or false claims for compensation, and/or delete or modifies any true operational information, repair information or any other information and data; · The Dealer uses any non-Original Parts which may give rise to potential risk in the safety of motor vehicle; · The Dealer violates any provisions related to the price set forth in Article 13; · In selling any Contractual Vehicle to an end user, the Dealer fails to execute the Shanghai Volkswagen Car Sales Contract with such user in accordance with Article 14; · The layout and maintenance of the image and facilities of the Dealer’s business premises fails to (i) be accepted by the Supplier due to the reason that it fails to meet the standard set forth in the Supplier’s Operating Management Guideline; or (ii) meet such standard during the operational period, and in each case, the Dealer fails to make any rectification during the period required by the Supplier; · Upon the execution of this Contract by both Parties, the Dealer is unable to commence its business operation in connection with the Contractual Products during the period required by the Supplier, to the extent that the Dealer is a new member of the Network Organization; · The Dealer is liable to or fails to effectively solve any serious customer complain or event seriously affecting the brand image of Shanghai Volkswagen occurs during the term of this Contract; · The Dealer is unable to proceed with its sales business and/or aftermarket Service for three months due to reasons attributable to the Dealer and/or any administrative penalty requiring the Dealer to suspend business for recti...
Termination with Immediate Effect a) If the contractor fails to meet its obligations from the agreement or from other agreements flowing from the same, or in other circumstances such as the bankruptcy of the contractor or a moratorium, or in the case of cessation, the withdrawal of any licences, attachment of (some) company property or items intended for implementation of the agreement, liquidation or acquisition, or if the contractor’s business finds itself in any other similar circumstances, it will by operation of law be in default.
b) In the above cases, the client will be entitled to unilaterally terminate the agreement, either in full or in part, without notice of default being required and without judicial intervention. In addition to terminating the agreement, the client will be entitled to compensation at any time.
c) Notwithstanding all other rights, the client can terminate the agreement, either in full or in part, if any benefit is offered or granted to a person who is part of the client’s company or one of its subordinates or representatives by the contractor or one of its subordinates or representatives.
d) The agreement must be terminated in writing with a letter, fax or e-mail to the contractor, unless otherwise agreed in writing in relation to the agreement.
