Development Agreement Termination Sample Clauses

The Development Agreement Termination clause defines the conditions and procedures under which a development agreement between parties can be ended before its natural completion. Typically, this clause outlines specific events or breaches—such as failure to meet milestones, insolvency, or mutual consent—that may trigger termination, and it may also detail the notice requirements and any obligations that survive termination, such as confidentiality or payment for work completed. Its core practical function is to provide a clear and fair mechanism for ending the agreement, thereby protecting both parties from ongoing obligations when the project cannot or should not continue.
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Development Agreement Termination. Contributor shall have caused termination of that certain Development Agreement dated September 15, 2015 (“Development Agreement”), by and between UR-FC Contributed Assets, LLC, a Delaware limited liability company (“Owner”) and First Capital Partners, LLC, a Nevada limited liability company (“Developer”). Contributor and Acquiror agree that the Development Agreement is not a part of the Project to be contributed by Contributor, and acquired/assumed by Acquiror.
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Development Agreement Termination. In the event that the Development Agreement is terminated for any reason other than the satisfaction and discharge by all parties thereto of their respective obligations, this Lease will terminate simultaneously with such termination of the Development Agreement.
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Development Agreement Termination. In addition to any other circumstances in which the Minister may terminate this Lease, the Minister may terminate this Lease if the Development Agreement is terminated pursuant to Section 10.5 thereof.
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Related to Development Agreement Termination

  • 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.

  • Effective Date of Agreement; Termination (a) This Agreement shall become effective when the parties hereto have executed and delivered this Agreement. (b) The Representative may terminate this Agreement at any time at or prior to the Time of Purchase, by notice to the Company, if (1) since the time of execution of this Agreement or the earlier respective dates as of which information is given in the Registration Statement, the Disclosure Package and the Prospectus, there shall have been any Material Adverse Effect, in the sole judgment of the Representative, so material and adverse as to make it impractical or inadvisable to proceed with the completion of the Offering of Securities contemplated by this Agreement or to enforce contracts for the sale of such Securities, or (2) since the time of execution of this Agreement, there shall have occurred: (A) a suspension or material limitation in trading in securities generally on the NYSE, the NYSE American or Nasdaq, or the establishment by the Commission or FINRA of minimum or maximum prices on any of such stock exchanges, (B) a suspension or material limitation in trading in the Company’s securities on Nasdaq, (C) a general moratorium on commercial banking activities declared by either federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in the United States, (D) an outbreak or escalation of hostilities or acts of terrorism involving the United States or a declaration by the United States of a national emergency or war or any other calamity or crisis or any change in financial, political or economic conditions in the United States or elsewhere if the effect of any such event specified in this clause (D), in the sole judgment of the Representative, makes it impracticable or inadvisable to proceed with the completion of the Offering of Securities contemplated by this Agreement or to enforce contracts for the sale of such Securities, or (E) the Company is in material breach of any of its representations, warranties or covenants hereunder. (c) In the event of any termination under Section 6(b) hereof, neither party will have any liability to the other party hereto, except as set forth in Section 4 hereof, and provided further that the provisions of Sections 2, 8, 11, 12 and 13 hereof shall remain in effect.

  • Amendment; Termination Notwithstanding any provision of this Agreement to the contrary, we will not amend this Arbitration Provision in a manner that adversely affects your rights or responsibilities in a material manner unless we give you a right to reject the amendment and/or the Arbitration Provision in its entirety.

  • 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.

  • License Termination Without prejudice to any other rights, PremiumSoft may terminate this ▇▇▇▇ if you fail to comply with the terms and conditions of this EULA. In such event, you must destroy all copies of the software and all of its component parts.