Abandonment or Termination Sample Clauses

Abandonment or Termination. Agreement may be terminated by either Party upon ten (10) days written notice. In the event the Project is terminated or abandoned before completion of the Services, all Services of Consultant shall immediately terminate. In the event of termination or abandonment, Consultant shall be compensated for the Services in proportion to the amount of work actually completed as of the termination date or date of abandonment. Notwithstanding the foregoing, in the event of telephone notification to stop work, no further work shall be performed on any portion of the Project pending receipt of the written notification. The continuation of work after telephone notification to stop work, shall be at Consultant’s sole cost and expense, without the right to seek any form of reimbursement.
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Abandonment or Termination. Notwithstanding Section 4.11, if the Exercise Period for each Right is accelerated and the proposed transaction which resulted in the acceleration is abandoned or terminated on or before the last day (the "Deposit Date") on which the Company is required to make the deposit pursuant to Section 4.11 of cash or TCI Series A Shares to effect the purchase of shares of MusicCo Series A Common Stock and Distributed Entity Stock surrendered in connection with such accelerated Exercise Period, or the Company otherwise determines in good faith on or before the Deposit Date that such proposed transaction will not be consummated, then the Company shall so notify the Rights Agent by delivering to the Rights Agent an officer's certificate to such effect signed by its Chairman of the Board, President or a Vice President promptly following the termination or abandonment of such proposed transaction or such determination by the Company, but in no event later than the fifth Business Day following the Deposit Date. Upon delivery of such officer's certificate, the Company shall be relieved of its obligation to make the deposit otherwise required by Section 4.11 or, if such deposit has theretofore been made, shall be entitled to the return thereof. Promptly following receipt of such officer's certificate, the Rights Agent shall mail to each Holder the certificates evidencing the shares of MusicCo Series A Common Stock, the shares of Distributed Entity Stock and the Rights surrendered by such Holder to the Rights Agent in connection with such accelerated Exercise Period and, if the Company has made a deposit of cash or TCI Series A Shares with the Rights Agent in connection with such accelerated Exercise Period, the Rights Agent shall deliver the cash or TCI Series A Shares so deposited to the Company.
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Abandonment or Termination. If the Contractor has abandoned the Project or the City has terminated the contract for cause and the Surety, after notice demanding completion is sent, fails to commence the completion of the work in a timely manner and compliance with this Agreement, then the City at its option may provide for completion of the work in either of the following manners:
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Abandonment or Termination. This Agreement may be abandoned or terminated at any time before the Effective Time (including, without limitation, before or after approval of this Agreement by the shareholders of any of the parties to this Agreement) by the mutual consent of the parties hereto in a written instrument, if the Board of Directors of each so determines by a vote of a majority of all of its members.
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Related to Abandonment or Termination

  • Amendment or Termination (a) This Trust Agreement may be amended by a written instrument executed by Trustee and Company. Notwithstanding the foregoing, no such amendment shall conflict with the terms of the Plan or shall make the Trust revocable after it has become irrevocable in accordance with Section 1(b) hereof.

  • Expiration or Termination A. Owner shall have the right, upon thirty (30) days prior written notice to Operator, to terminate this Agreement in its entirety, upon or after the happening of one or more of the following events, if said event or events shall then be continuing:

  • Dissolution or Termination Any particular Series shall be dissolved upon the occurrence of the applicable dissolution events set forth in Article VIII, Section 1 hereof. Upon dissolution of a particular Series, the Trustees shall wind up the affairs of such Series in accordance with Article VIII Section 1 hereof and thereafter, rescind the establishment and designation thereof. The Board of Trustees shall terminate any particular Class and rescind the establishment and designation thereof: (i) upon approval by a majority of votes cast at a meeting of the Shareholders of such Class, provided a quorum of Shareholders of such Class are present, or by action of the Shareholders of such Class by written consent without a meeting pursuant to Article V, Section 3; or (ii) at the discretion of the Board of Trustees either (A) at any time there are no Shares outstanding of such Class, or (B) upon prior written notice to the Shareholders of such Class; provided, however, that upon the rescission of the establishment and designation of any particular Series, every Class of such Series shall thereby be terminated and its establishment and designation rescinded. Each resolution of the Board of Trustees pursuant to this Section 6(i) shall be incorporated herein by reference upon adoption.

  • BREACH; TERMINATION In the event of breach of any terms or conditions of this Agreement, if the breach has not been remedied within 30 days following receipt of written notice thereof from the other Party (provided that, if the breaching Party has commenced and is diligently pursuing efforts to cure such breach, then such 30-day period shall be extended until the earlier of (i) 30 additional days or (ii) end of diligent efforts to cure the breach). In the event of any proceedings by or against either Party in bankruptcy, insolvency or for appointment of any receiver or trustee or any general assignment for the benefit of creditors, the other Party may terminate this Agreement. If the Customer increases the capability or the capacity of the Facility to exceed 4.999 MW, this Agreement shall immediately terminate. The Company shall not be liable to the Customer for damages resulting from a termination pursuant to this paragraph. If the Customer's generating equipment produces zero (0) kilowatt-hours during any period of twelve (12) consecutive Billing Periods after the Commercial Operation Date, the Company may terminate this Agreement.

  • Cancellation or Termination The Provider is the responsible party for honoring cancellation requests. Such requests must be received in writing. You may cancel this Service Agreement at any time (send your written request to us at xxxxxxxxxxxxx@0-00.xxx) and is non-cancelable by us, except for:

  • Amendment or Termination of Agreement This Agreement may be changed or terminated only upon the mutual written consent of the Company and Executive. The written consent of the Company to a change or termination of this Agreement must be signed by an executive officer of the Company after such change or termination has been approved by the Board.

  • Consequences of Expiration or Termination All of the following effects of expiration or termination, as applicable, are in addition to the other rights and remedies that may be available to the Parties at law or in equity.

  • ABANDONMENT OR DEFAULT If Provider abandons work or defaults on the Contract, the GLO may terminate the Contract without notice. Provider will not be considered in any re-solicitation of the services described herein and may not be considered in future solicitations for similar services, unless the specification or scope of work changes significantly. The GLO will determine the period of suspension based on the seriousness of the abandonment or default.

  • Termination or Abandonment Notwithstanding anything contained in this Agreement to the contrary, this Agreement may be terminated and abandoned at any time prior to the Effective Time, whether before or after any approval of the matters presented in connection with the Merger by the stockholders of the Company:

  • Modification or Termination The Loan Documents may only be modified or terminated by a written instrument or instruments intended for that purpose and executed by the party against which enforcement of the modification or termination is asserted. Any alleged modification or termination which is not so documented shall not be effective as to any party.

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