Rejection and cancellation Sample Clauses

Rejection and cancellation either exercise or fail to exercise any right which the relevant Owner may have to reject such Additional Ship or cancel or rescind or otherwise terminate the relevant Contract provided always that any such rejection of such Additional Ship or cancellation, rescission or other termination of the relevant Contract by the relevant Owner after such consent is given shall be without responsibility on the part of the Finance Parties who shall be under no liability whatsoever to the extent that such rejection, rescission, cancellation or termination is thereafter adjudged to constitute a repudiation or other breach of such Contract by the relevant Owner;
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Rejection and cancellation either exercise or fail to exercise any right which the Borrower may have to reject the Vessel or cancel or rescind or otherwise terminate the Building Contract Provided always that any such rejection of the Vessel or cancellation, rescission or other termination of the Building Contract by the Borrower after such consent is given shall be without responsibility on the part of the Agent which shall be under no liability whatsoever to the extent that such rejection, rescission, cancellation or termination is thereafter adjudged to constitute a repudiation or other breach of the Building Contract by the Borrower Provided always that if the Agent shall not respond (whether in the positive or the negative) within 30 days of any request for such consent being made the Agent shall be deemed to have consented to such request;
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Rejection and cancellation. Except with approval, the Borrower shall not exercise any right which it may have to permanently reject the Lampung FSRU or the Mooring or cancel or rescind or otherwise terminate the Building Contract, the Mooring EPC Contract or the Mooring Installation Contract.
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Rejection and cancellation. The Assignor will not, without not less than ten (10) days prior written notice to the Collateral Agent, exercise any right which the Assignor may have to issue a final rejection of the Collateral Rig or cancel or rescind or otherwise terminate the Construction Contract, provided, always, that any such rejection, cancellation, rescission or other termination of the Construction Contract by the Assignor shall be without responsibility on the part of the Collateral Agent, which shall be under no liability whatsoever to the extent that such final rejection, cancellation, rescission or termination is thereafter adjudged to constitute a repudiation or other breach of the Construction Contract by the Assignor.
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Rejection and cancellation. Except with approval, Navigator Gas or, as the case may require, the relevant Owner shall not exercise any right which it may have to reject the relevant New Ship or cancel or rescind or otherwise terminate the Building Contract or the Novation Agreement.
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Rejection and cancellation. (4.1) If the Supplier fails to comply with any of the Terms and Conditions or the Goods do not fully comply with the Order, or it is clear to the Company that the Supplier is unable or will be unable to satisfy all or any part of the Order the Company shall be entitled at its sole discretion to reject the Goods and/or cancel the Order in its entirety (notwithstanding that the Title of the Goods will have passed on receipt of the Goods) by giving notice to the Supplier in writing.
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Rejection and cancellation. Except with approval of the Lender, the Borrower shall not exercise or waive any right which it may have to reject the Vessel or cancel or rescind or otherwise terminate any Transaction Document.
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Rejection and cancellation. Purchaser reserves the right to reject goods and to cancel all or any part of this order if Seller fails to deliver all or any part of the goods herein described in accordance with the terms, conditions, and specifications contained herein, or if such goods contain defective material or workmanship. In the event of a reject/defect finding, a disciplined problem report such as 8D and/or CAPA may be required to identify containment actions, root cause analysis, implementation of a solution and verification of the effectiveness of the solution. 24 hour containment may be necessary. Seller will credit or reimburse Purchaser for the purchase price of the rejected goods, as the case may be, or, in the case of defective goods, the Seller will replace such defective goods, in which case such replacement shall be covered by a new purchase order. Rejected goods shall be removed at the expense of Seller, including transportation both ways, promptly after notification of rejection. Seller shall bear all costs of inspection and all risks of loss of rejected goods, as well as any and all consequential and incidental damages. Acceptance of any part of the goods covered by this order shall not obligate Purchaser to accept future shipments nor deprive it of the right to revoke any acceptance theretofore given. If Seller ceases to conduct its operation in the ordinary course of business (including inability to meet its obligations as they mature), or if any proceeding under bankruptcy or insolvency laws is brought by or against Seller or if a receiver for Seller is appointed or applied for, or if an assignment for the benefit of creditors is made by Seller, Purchaser may cancel this order without liability except for deliveries previously made or for goods covered by this order then completed and subsequently delivered in accordance with the terms, conditions, and specifications contained herein.
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Related to Rejection and cancellation

  • Termination and Cancellation 9. 1. Licences will expire after the period shown in Clause 3 (above).

  • Suspension and Cancellation Section 5.01. The following are specified as additional events for suspension of the right of the Recipient to make withdrawals from the Grant Account for the purposes of Section 8.01(k) of the Grant Regulations or cancellation of the Grant pursuant to Section 8.02 of the Grant Regulations:

  • Contract Cancellation By written notice and without a cure period, Buyer may cancel the whole Contract, or any part of this Contract, in the event of the suspension of Seller’s business, insolvency of Seller, institution of bankruptcy, liquidation proceedings by or against Seller, appointment of a trustee or receiver for Seller’s property or business, any assignment, reorganization, or arrangement by Seller for the benefit of creditors, or the debarment or suspension of Seller by any Government agency. Xxxxx’s remedies in the event of a cancellation of the Contract pursuant to this ¶ 18 shall be the same as set forth in ¶ 19, TERMINATION FOR DEFAULT.

  • TERM AND CANCELLATION 22.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is ………… and the duration shall be for a three [3] year period, expiring on , unless:

  • ORDER CANCELLATION Users of this contract are advised that orders (all or part) cancelled or returned after acceptance of requested merchandise will be subject to a restocking fee of ten percent (10%) of the invoice amount (not to exceed $500.00 per order) plus return freight charges. The amount authorized for payment of return freight will, in no instance, be more than original delivery charges documented by carrier. These charges may be applied, at the option of the supplier, to those orders which have been accepted. Orders cancelled prior to shipment or acceptance by ordering entity from the manufacturer will not be assessed charges.

  • Reservation and Cancellation Procedure A. Unless otherwise set forth, Attendees will make their own reservations for sleeping rooms.

  • Prepayment and Cancellation 8.1 Mandatory prepayment - illegality

  • Amendment and Cancellation We may amend or change the terms and conditions of this Agreement at any time. You will be notified of any change in the manner provided by applicable law prior to the effective date of the change. However, if the change is made for security purposes, we can implement such change without prior notice. We may cancel or suspend your Card or this Agreement at any time. You may cancel this Agreement by returning the Card to us. Your termination of this Agreement will not affect any of our rights or your obligations arising under this Agreement prior to termination. In the event that your Card Account is cancelled, closed, or terminated for any reason, you may request the unused balance to be returned to you via a check to the mailing address we have in our records. There may be a fee for this service. Subject to applicable law, the Issuer reserves the right to refuse to return any unused balance amount less than $1.00.

  • No Cancellation No Required Insurance policy may be canceled by either Party during the required insured period under this Agreement, except after thirty days’ prior written notice to the City by certified mail, return receipt requested. Prior to the effective date of any such cancellation Consultant must procure and put into effect equivalent coverage(s).

  • Policy Cancellation Except for ten days notice for non-payment of premium, each insurance policy shall be endorsed to state that; without thirty (30) days prior written notice to the City, the policy shall not be canceled, non-renewed or coverage and/or limits reduced or materially altered, and shall provide that notices required by this paragraph shall be sent by certified mail to the address shown below.

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