Termination Right definition

Termination Right have the respective meanings given in the PRA Contractual Stay Rules.
Termination Right means a right to terminate a contract, a right to accelerate, close out, set-off or net obligations or any similar provision that suspends, modifies or extinguishes an obligation of a party to the contract or a provision that prevents an obligation under the contract from arising that would otherwise arise;
Termination Right means any right of Tenant to cancel or terminate the Lease or to claim a partial or total eviction arising (whether under the Lease or under applicable law) from Landlord’s breach or default under the Lease.

Examples of Termination Right in a sentence

  • We shall not be obliged to compensate any loss suffered by you as the result of termination under this Termination Right.

  • Notwithstanding anything to the contrary in the Lease or this Agreement, before exercising any Termination Right or Offset Right, Tenant shall provide Mortgagee with notice of the breach or default by Landlord giving rise to same (the “Default Notice”) and, thereafter, the opportunity to cure such breach or default as provided for below.

  • Without limiting any other rights or remedies, Nexthink shall have a separate Termination Right in the event that Customer has failed to pay timely; provided that Nexthink has provided notice of the payment obligation through an invoice or other means, and with respect to the first payment failure only, has provided Customer with a cure period of thirty (30) days.

  • If Buyer exercises its Termination Right, Buyer must notify Seller and Escrow Holder of this election within ten (10) business days after Buyer receives written notice from Seller of the damage or destruction.

  • Failure of Licensee to initial below shall in no way affect or hinder Port's Termination Right.


More Definitions of Termination Right

Termination Right means the right of the Company, in its sole, absolute and unfettered discretion, to terminate Executive’s employment under this Agreement for any reason or no reason whatsoever. For the avoidance of doubt, any Termination for Cause effected by the Company shall not constitute the exercise of its Termination Right.
Termination Right means the right of the Company, in its sole, absolute and unfettered discretion, to terminate the Executive’s employment under this Agreement for any reason or no reason whatsoever. For the avoidance of doubt, any Termination for Cause effected by the Company shall not constitute the exercise of its Termination Right.
Termination Right means the following rights and provisions:
Termination Right means the right of the Company, in its sole, absolute and unfettered discretion, to terminate the Executive’s employment under this Agreement or not to renew this Agreement beyond the Initial Term or at the end of any Renewal Term for any reason or no reason whatsoever. For the avoidance of doubt, any Termination for Cause effected by the Company shall not constitute the exercise of its Termination Right.
Termination Right means any right of Tenant to cancel or terminate the Lease or to claim a partial or total eviction arising (whether under the Lease or under applicable law) from Former Landlord’s breach or default under the Lease.
Termination Right means the right of AES to terminate the Contract with immediate effect where a Customer is in material breach of the Terms and Conditions;
Termination Right means a right to terminate a contract on an event of default as defined in or for the purposes of the contract, and includes any related right to