Marriott Termination Right Clause Samples
The Marriott Termination Right clause grants Marriott the contractual ability to end an agreement under specified circumstances. Typically, this right may be triggered by events such as a breach of contract, failure to meet performance standards, or other predefined conditions. By including this clause, Marriott ensures it has a clear and enforceable mechanism to exit the agreement if necessary, thereby managing risk and maintaining operational flexibility.
POPULAR SAMPLE Copied 2 times
Marriott Termination Right. Marriott may, at its sole option, terminate this Agreement at any time prior to the Closing by written notice to Sunrise in the event of any Material Adverse Change, as determined by Marriott in its sole discretion.