Grounds for Termination of Agreement Sample Clauses

Grounds for Termination of Agreement. The failure of Tenant or Tenant's guests or invitees to comply with any terms of this Agreement is grounds for eviction. Notice of immediate eviction will be delivered immediately after the TRU LLC Agent has evidence circumstantial or otherwise as determined by TRU LLC Agent that the tenant has violated the agreement in such a way that the Tenant has endangered the safety of other tenant(s), is responsible for illegal activity taking place on the premises or grounds of the building or is responsible for excessive destruction or neglect of TRU LLC Agent’s property. When the agreement is violated as stated above, the TRU LLC agent will give the Tenant written notice to cease all activity that violates the agreement and vacate the property within 5 days . If the TRU LLC Agent chooses to show any leniency and make a concession in case(s) of violation, this will not in any way nullify the validity of this clause in the case of any other violations of the agreement by the Tenant.
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Grounds for Termination of Agreement. Occupant’s failure to comply with any term of this Agreement shall be grounds for termination of the Agreement, with appropriate notice to Occupant and procedures as required by law.
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Grounds for Termination of Agreement a. Lessee’s failure to comply with any term of this Agreement shall be grounds for termination of the Agreement, with appropriate notice to lessee and procedures as required by law.
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Grounds for Termination of Agreement. This Agreement (including all MOAs) may be terminated at any time prior to the First Closing Date:
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Grounds for Termination of Agreement. The failure of Tenants to comply with any terms of this Agreement is grounds for eviction. Notice of immediate eviction will be delivered immediately after the TRU LLC Agent has evidence circumstantial or otherwise as determined by TRU LLC Agent that the tenants has violated the agreement in such a way that the Tenants has endangered the safety of other tenant(s), is responsible for illegal activity taking place on the premises or grounds of the building or is responsible for excessive destruction or neglect of TRU LLC Agent’s property. When the agreement is violated as stated above, the TRU LLC agent will give the Tenants written notice to cease all activity that violates the agreement and vacate the property within 5 days. If the TRU LLC Agent chooses to show any leniency and make a concession in case(s) of violation, this will not in any way nullify the validity of this clause in the case of any other violations of the agreement by the Tenants.
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Grounds for Termination of Agreement 
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Related to Grounds for Termination of Agreement

  • Grounds for Termination This Agreement may be terminated at any time prior to the Closing:

  • Basis for Termination This Agreement may be terminated and the transactions contemplated hereby abandoned at any time prior to the Closing Date:

  • Term; Termination of Agreement This Agreement shall continue in force for a period of one year from the date hereof, subject to an unlimited number of successive one-year renewals upon mutual consent of the parties. It is the duty of the Independent Directors to evaluate the performance of the Advisor annually before renewing the Agreement, and each such renewal shall be for a term of no more than one year.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • Bases for Termination (a) Executive's employment hereunder may be terminated at any time by mutual agreement of the parties.

  • 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.

  • Effect of Termination of Agreement Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer and Provider under this Agreement shall be terminated (other than the indemnity obligations set forth in Section 13). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

  • Reasons for Termination Executive’s employment hereunder may or will be terminated during the Employment Period under the following circumstances:

  • Procedure for Termination The party designated in Section 4.03 of the Trust Agreement shall advise the Securities Administrator in writing of its election to cause a Terminating Purchase, no later than the Distribution Date in the month preceding the Distribution Date on which the Terminating Purchase will occur. Notice of the Distribution Date on which any such termination shall occur (or the Distribution Date on which final payment or other Liquidation of the last Mortgage Loan remaining in the Trust or the disposition of the last REO Property remaining in the Trust will be distributed to Certificateholders, as reflected in the Remittance Report for such month (the “Final Distribution Date”) shall be given promptly by the Securities Administrator by letter to Certificateholders mailed (a) in the event such notice is given in connection with a Terminating Purchase, not earlier than the 15th day of the month preceding such final distribution and not later than the 5th day of the month of such final distribution or (b) otherwise during the month of such final distribution on or before the Servicing Remittance Date in such month, in each case specifying (i) the Final Distribution Date and that final payment of the Certificates will be made upon presentation and surrender of Certificates at the office of the Securities Administrator therein designated on that date, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such Final Distribution Date is not applicable, payments being made only upon presentation and surrender of the Certificates at the office of the Securities Administrator. The Securities Administrator shall give such notice to the Certificate Registrar at the time such notice is given to Certificateholders. In the event such notice is given in connection with a Terminating Purchase, the purchaser shall deliver to the Securities Administrator for deposit in the Certificate Account on the Business Day immediately preceding the Final Distribution Date an amount in next day funds equal to the Termination Price, as the case may be. Upon presentation and surrender of the Certificates on a Distribution Date by Certificateholders, the Securities Administrator shall distribute to Certificateholders (A) the amount otherwise distributable on such Distribution Date, if not in connection with Terminating Purchase, or (B) if in connection with a Terminating Purchase, an amount determined as follows: with respect to each Certificate with an outstanding Certificate Balance, the outstanding Certificate Balance thereof, plus interest thereon through the Accounting Date preceding the Distribution Date fixed for termination and any previously unpaid interest, net of unrealized losses, Realized Interest Shortfall and Shortfall with respect thereto; and in addition, with respect to each Residual Certificate, the Percentage Interest evidenced thereby multiplied by the difference between the Termination Price and the aggregate amount to be distributed as provided in the first clause of this sentence and the next succeeding sentence. Upon the deposit of the Termination Price in the Certificate Account, the Securities Administrator, on behalf of the Trustee, and any Custodian acting as its agent, shall promptly release to the purchaser the Trustee Mortgage Loan Files for the remaining Mortgage Loans, and the Securities Administrator, on behalf of the Trustee, shall execute all assignments, endorsements and other instruments without recourse necessary to effectuate such transfer. The Trust shall terminate immediately following the deposit of funds in the Termination Account as provided below. In the event that all of the Certificateholders shall not surrender their Certificates within six months after the Final Distribution Date specified in the above-mentioned written notice, the Securities Administrator shall give a second written notice to the remaining Certificateholders to surrender their Certificates and receive the final distribution with respect thereto, net of the cost of such second notice. If within one year after the second notice all the Certificates shall not have been surrendered for cancellation, the Securities Administrator may take appropriate steps, or may appoint an agent to take appropriate steps, to contact the remaining Certificateholders concerning surrender of their Certificates, and the cost thereof shall be paid out of the amounts otherwise payable on such Certificates. Any funds payable to Certificateholders that are not distributed on the Final Distribution Date shall be deposited in a Termination Account, which shall be an Eligible Account, to be held for the benefit of Certificateholders not presenting and surrendering their Certificates in the aforesaid manner, and shall be disposed of in accordance with this Section. The Securities Administrator shall establish the Termination Accounts, which shall be Eligible Accounts, on or about the Closing Date.

  • Survival After Termination of Agreement Notwithstanding anything to the contrary contained in this Agreement, the covenants in Sections 7(a) and (b) shall survive the termination of this Agreement and the Executive's employment with the Company.

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