Owner Termination. If Owner terminates this Agreement for any reason and the Property is leased to a tenant on the date this Agreement terminates, Owner must pay Broker all amounts then due under this Agreement and a fee equal to the management fees that would accrue over the remainder of the term of the lease, then in effect, excluding any potential breach by a tenant. If more than one property is made part of and subject to this Agreement, this provision applies to, and will be in effect only with regard to, those properties then leased, and this Agreement will terminate as to any property not then leased.
Owner Termination. Owner may terminate this Agreement upon written notice to Shipper the occurrence of any one or more of the following:
Owner Termination. Notwithstanding any other provisions of this Agreement, Owner may, at its option, upon written notice to City, terminate this Agreement and/ or relocate the E-Commerce Distribution Facility to any other city or county in California or elsewhere and reallocate Owner’s Sales Activities accordingly and in conformance with applicable Sales Tax Law. Owner shall provide at least three (3) months of written notice to the City prior to termination.
Owner Termination. The Owner may terminate this Contract under Clause 7.0 b, and the Manager may charge the Owner a termination fee, plus costs, as follows:
Owner Termination. Should Owner seek to terminate this Agreement for any reason other than Contractor’s breach after Contractor has initiated design process, substantially commenced its work, or purchased project specific materials Owner shall then be in material default hereunder and Contractor shall be entitled to retain the deposit (which shall be applied against Contractor’s damages) and may recover from Owner all other damages allowable under law such as: labor costs, design and permitting costs, and materials purchased. Owner will also be charged a restocking fee of 25% for any materials ordered by Contractor prior to termination.
Owner Termination. Owner may not terminate the Option or Early Repurchase Option for any reason after the Effective Date and prior to the termination of the Option Term or Early Repurchase Option, respectively. City may, in its sole discretion, elect to terminate the Option or Early Repurchase Option any time during the Option Term or Early Repurchase Option, respectively, by delivering written notice of such election to Owner. If City does not exercise the Option or Early Repurchase Option within the Option Term or Early Repurchase Term, the Option or Early Repurchase Option, respectively, shall terminate automatically terminate.
Owner Termination. Owner may terminate this Agreement at any time after the fifth year of the Term by giving Utilities thirty (30) days prior written notice of Owner’s intention to terminate, subject to Utilities’ right to recover from Owner any loss in revenues resulting from such cessation in solar power generation; Replacement Power Costs; and/or pursue other remedies available at law or in equity. Utilities may also invoice Owner directly for an early termination fees, and payment of such fees shall be due within ten (10) days of the invoice date. Owner agrees damages would be difficult to quantify upon a default and agrees that an early termination fee is not a penalty.
Owner Termination. If the termination is due to any default or action by Owner, or as a result of court order or public authority, Contractor is not liable to Subcontractor for any sum greater than that which Contractor receives from Owner with respect to Subcontractor's performance, less any costs incurred by Contractor in obtaining that amount from Owner.
Owner Termination. You may, for any reason and at any time, cancel our Services for all, or a portion of, your Property by providing notification via email to xxxxxxx@xxxxxxxxxxxxxxxxxxxx.xxx and your termination will be effective 15 days following our receipt of your notice. The terms of this Agreement shall continue to apply to any Bookings (defined in Section 6.2 below) confirmed prior to such notification and shall remain effective until all such Bookings are completed.
Owner Termination. Owners may terminate this Agreement by providing written notice to Manager in the event that: (i ) Manager fails to perform any material obligation under this Agreement in accordance with the requirements of this Agreement; provided, that Manager shall not have cured such failure within thirty (30) days after a Manager Representative or an officer of Manager first obtaining actual knowledge of such failure or Manager receiving written notice from an Owner demanding such cure; (ii) Manager enters into a contract or other agreement on behalf of any Owner that by its terms expressly creates a lien on any Project in violation of the Loan Documents; (iii) Manager breaches its obligation to perform any of the Asset Management Services (through action or inaction) in accordance with the standards set forth in Section 2.4(a), and such breach causes a material violation of applicable laws, regulations, codes, permits or licenses or in any event has a material adverse effect on one or more of the Projects; or (iv) any representation or warranty of Manager shall prove to have been incorrect in any material respect when made and shall remain uncured or uncorrected for a period of fifteen (15) days after a Manager Representative or an officer of Manager first obtained actual knowledge of such material inaccuracy or Manager first received a notice from an Owner specifying such material inaccuracy and requiring it to be remedied; provided, however, that a failure by Manager to perform any obligation under this Agreement (other than a payment obligation) shall not be a default hereunder to the extent that and for so long as such failure is a result of an event of Force Majeure. In addition, Owners may terminate this Agreement for convenience by delivering written notice to Manager, which termination will be effective upon the earlier to occur of (a) thirty (30) days following such written notice to Manager, provided that, if Owners have entered into a replacement asset management agreement with a Successor Asset Manager within such thirty (30) day period, Owners may, by delivering written notice to Manager prior to the expiration of such thirty (30) day period, extend such thirty (30) day period by up to an additional thirty (30) days (but only to the extent necessary to facilitate a transition in accordance with Section 5.4(b)) and (b) the commencement date of services under a replacement asset management agreement entered into by Owners with a Successor Asset Manager.
