Contract Termination. If at any time during the term hereof, ▇▇▇▇▇ reasonably concludes that the solvency or financial condition of OWNERS is threatened it may, in its sole discretion, cancel this contract, such cancellation to take effect immediately upon receipt by OWNERS of email or other written notification thereof. If, subsequent to cancelation, OWNERS provide to ▇▇▇▇▇ evidence concerning their ability to meet their current and future financial obligations, ▇▇▇▇▇ may, in its sole discretion, elect to reinstate this contract (with or without modifications thereto) effective upon receipt by OWNERS of email or other written notification thereof.
Appears in 33 contracts
Sources: Towage Agreement, Towage Agreement, Towage Agreement
Contract Termination. If at any time during the term hereof, ▇▇▇▇▇ reasonably concludes that the solvency or financial condition of OWNERS is threatened it may, in its sole discretion, cancel this contract, such cancellation to take effect immediately upon receipt by OWNERS of email or other written notification thereof. If, subsequent to cancelation, OWNERS provide to ▇▇▇▇▇ evidence concerning their ability to meet their current and future financial obligations, ▇▇▇▇▇ may, in its sole discretion, elect to reinstate this contract (with or without modifications thereto) effective upon receipt by OWNERS of email or other written notification thereof.
Appears in 28 contracts
Sources: Towage Agreement, Towage Agreement, Towage Agreement
Contract Termination. If at any time during the term hereof, ▇▇▇▇▇ reasonably concludes that the solvency or financial condition of OWNERS is threatened it may, in its sole discretion, cancel this contractContract, such cancellation to take effect immediately upon receipt by OWNERS of email or other written notification thereof. If, subsequent to cancelation, OWNERS provide to ▇▇▇▇▇ evidence concerning their ability to meet their current and future financial obligations, ▇▇▇▇▇ may, in its sole discretion, elect to reinstate this contract (with or without modifications thereto) the Contract effective upon receipt by OWNERS of email or other written notification thereof.
Appears in 6 contracts
Sources: Exclusive Towage Agreement, Exclusive Towage Agreement, Towage Agreement
Contract Termination. If at any time during the term hereof, ▇▇▇▇▇ reasonably concludes that the solvency or financial condition of OWNERS is threatened it may, in its sole discretion, cancel this contractSchedule, such cancellation to take effect immediately upon receipt by OWNERS of email or other written notification thereof. If, subsequent to cancelation, OWNERS provide to ▇▇▇▇▇ evidence concerning their ability to meet their current and future financial obligations, ▇▇▇▇▇ may, in its sole discretion, elect to reinstate this contract (with or without modifications thereto) the Schedule effective upon receipt by OWNERS of email or other written notification thereof.
Appears in 5 contracts
Sources: Towage Agreement, Towage Agreement, Towage Agreement
Contract Termination. If at any time during the term hereof, ▇▇▇▇▇▇▇▇▇▇ reasonably concludes that the solvency or financial condition of OWNERS Owner is threatened it may, in its sole discretion, cancel this contractContract, such cancellation to take effect immediately upon receipt by OWNERS Owner of email or other written notification thereof. If, subsequent to cancelation, OWNERS provide Owner provides to ▇▇▇▇▇▇▇▇▇▇ evidence concerning their its ability to meet their current and future financial obligations, ▇▇▇▇▇▇▇▇▇▇ may, in its sole discretion, elect to reinstate this contract (with or without modifications thereto) Contract effective upon receipt by OWNERS Owner of email or other written notification thereof.
Appears in 4 contracts
Sources: Towage Agreement, Towing Contract, Towing Contract
Contract Termination. If at any time during the term hereof, ▇▇▇▇▇ reasonably concludes that the solvency or financial condition of OWNERS is threatened it may, in its sole discretion, cancel this contract, such cancellation to take effect immediately upon receipt by OWNERS of email or other written notification thereof. If, subsequent to cancelation, OWNERS provide to ▇▇▇▇▇ evidence concerning their ability to meet their current and future financial obligations, ▇▇▇▇▇ may, in its sole discretion, elect to reinstate this contract (with or without modifications thereto) effective upon receipt by OWNERS of email or other written notification thereof. If any provision of this Schedule is found void or unenforceable, the remaining terms and conditions shall remain in full force and in effect.
Appears in 3 contracts
Sources: Towage Agreement, Towage Agreement, Towage Agreement
Contract Termination. If at any time during the term hereof, ▇▇▇▇▇▇▇▇▇▇ reasonably concludes that the solvency or financial condition of OWNERS Owner is threatened it may, in its sole discretion, cancel this contractContract, such cancellation to take effect immediately upon receipt by OWNERS Owner of email or other written notification thereof. If, subsequent to cancelation, OWNERS Owner provide to ▇▇▇▇▇▇▇▇▇▇ evidence concerning their ability to meet their current and future financial obligations, ▇▇▇▇▇▇▇▇▇▇ may, in its sole discretion, elect to reinstate this contract (with or without modifications thereto) Contract effective upon receipt by OWNERS Owner of email or other written notification thereof.
Appears in 1 contract
Sources: Towage Agreement