Application Termination Clause Samples
The Application Termination clause defines the conditions and procedures under which an application or agreement can be ended by one or both parties. Typically, this clause outlines the specific events or breaches that may trigger termination, such as failure to meet obligations, insolvency, or mutual agreement, and may require advance written notice before termination takes effect. Its core practical function is to provide a clear and structured process for ending the relationship, thereby reducing uncertainty and potential disputes if the application or agreement needs to be concluded prematurely.
Application Termination. Except where the law or an agreement with the Town provides otherwise, the Applicant may terminate its application at any time by giving written notice to the Town. The Town shall take all reasonable steps necessary to terminate the accrual of costs to the Applicant and file such notices as are required under the Town’s annexation and development review regulations. The Applicant will be liable for all costs incurred and those costs reasonably incurred by the Town to terminate the application. In the event an application is terminated and the Applicant desires to resubmit the application for approval, this Agreement will be reinstated and made current prior to processing any application.
Application Termination. Except where the law or an agreement with the Town provides otherwise, the Owner/Developer may terminate his application at any time by giving written notice to the Town. The Town shall immediately take all reasonable steps necessary to terminate the accrual of costs to the Owner e.g., notify newspapers to cancel publications, etc. The Owner/Developer will continue to be liable for all costs reasonably incurred by the Town to terminate the application.
Application Termination. Except where the law or an agreement with the City provides otherwise, the Developer may terminate its application at any time by giving written notice to the City. The City shall take all reasonable steps necessary to terminate the accrual of costs to the Developer and file such notices as are required under the City’s annexation and development review regulations. The Developer will be liable for all costs incurred and those costs reasonably incurred by the City to terminate the application.