Agreement Termination Terms Sample Clauses

Agreement Termination Terms. 4.1 The Client can cancel the Agreement (Deposit) prematurely. Deposit Termination Clause – for 3-month GEL deposits: If the deposit is closed prematurely, the Deposit Holder shall pay the fee specified in Paragraph 2.17 hereof. Furthermore, in the event of premature closure, the interest rate indicated in Paragraph 2.5 hereof shall be revised to equal annual 0.5%. The revised interest will accrue on the deposit for the actual period during which the deposit remains open (from the date of signature of the Agreement (from the opening of the deposit) to the date of closing/cancellation). If the Deposit Holder has already drawn the interest, the amount of interest issued in advance will be deducted from the deposit amount. Deposit Termination Clause – for GEL deposits with a maturity of more than 3 months: If the deposit is closed prematurely, the Deposit Holder shall pay the fee specified in Paragraph 2.17 hereof. Furthermore, if the deposit is cancelled within 3 (three) months from the date of opening, the interest rate indicated in Paragraph 2.5 hereof shall be revised to equal annual 0.5%. Otherwise, premature closure will result in 4% reduction of the interest rate applicable to the term during which the deposit has been actually open (i.e. 4% reduction of the interest rate affective at the Bank on the same type of deposits that have a term identical or close to the actual term during which the deposit in question has been open), but not lower than annual 0.5%. The interest will accrue on the deposit for the actual period during which the deposit remains open (from the date of signature of the Agreement (from the opening of the deposit) to the date of closing/cancellation). If the Deposit Holder has already drawn the interest, the amount of interest issued in advance will be deducted from the deposit amount.
Sample 1Sample 2
AutoNDA by SimpleDocs
Agreement Termination Terms. The grounds for early termination of insurance may be the following: Full fulfillment of the obligations assumed by the insurer or full exhaustion of the relevant liability / reimbursement limit; Non-fulfillment of obligations by the parties; Prior written agreement of the parties; Other cases provided by this agreement and the legislation of Georgia In case of early termination of the contract, the premium paid by the insurer is not refundable by the insurer; Upon termination / cancellation of the insurance, the obligations of the insurer towards the Insured/policyholder are terminated.
Sample 1
Agreement Termination Terms. Termination of the agreement/ insurance can be made in following events:
Sample 1
Agreement Termination Terms. 5.1. The Agreement enters into force on the date of its signature and is valid until full obligations are fulfilled between the parties.
Sample 1

Related to Agreement Termination Terms

  • Agreement Termination In the event Contractor is unable to fulfill its responsibilities under this Agreement for any reason whatsoever, including circumstances beyond its control, County may terminate this Agreement in whole or in part in the same manner as for breach hereof.

  • TERM OF AGREEMENT/TERMINATION The term of this Agreement shall commence on the date hereof and such term and this Agreement shall terminate upon the earlier to occur of (i) the Effective Time, and (ii) the date on which the Merger Agreement is terminated in accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDED, HOWEVER, such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

  • Amendment; Termination (a) This Addendum (including the Schedules hereto) may not be amended without the prior written consent of the Majority Japan Local Currency Banks hereunder and subject to the provisions of Section 8.01 of the Credit Agreement.

  • Duration/Termination 1. This License Agreement is concluded for an indefinite period, subject to termination in accordance with the provisions of article 6.2 and 6.3. Except based on these provisions, parties are not allowed to terminate the License Agreement.

  • Agreement Term and Termination This agreement will remain in effect until the expiration or termination of Customer’s Subscription, whichever is earliest. Customer may terminate this agreement at any time by contacting its Reseller. The expiration or termination of this agreement will only terminate Customer’s right to place new orders for additional Products under this agreement.

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be eff ected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity an d up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of t he ESC Region 8 and TIPS. Does vendor agree? Yes

  • On Termination (a) An employee who voluntarily terminates his employment will be provided his final pay on the next regular payday.

  • Agreement Terms The terms of the Agreement conform to University policy. The period of performance for the project is approximately two (2) years. The amount of funding support will not exceed $62,500. Since research projects are often amended, this agreement includes provisions for changes in time and scope. University procedures for approval of these changes will be followed and additional conflict of interest review will be done as appropriate.

  • Contract Termination debarment. A breach of the contract clauses in 29 CFR 5.5 may be grounds for termination of the contract, and for debarment as a contractor and a subcontractor as provided in 29 CFR 5.12.

  • Severance Termination (a) Subject to 56.7 above, indeterminate employees on 4 June 2014 shall be entitled to a severance payment equal to one (1) week's pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's pay multiplied by the number of days of continuous employment divided by three hundred sixty-five (365), to a maximum of thirty (30) weeks.

Time is Money Join Law Insider Premium to draft better contracts faster.