Revocation or surrender Clause Samples
The 'Revocation or surrender' clause defines the conditions under which a party may voluntarily give up or have withdrawn a right, license, or authorization previously granted under an agreement. In practice, this clause outlines the procedures for formally notifying the other party of the intent to revoke or surrender, and may specify any required notice periods or documentation. Its core function is to provide a clear mechanism for ending certain rights or permissions, thereby preventing disputes and ensuring both parties understand how such changes can occur.
Revocation or surrender. The Authorities understand that:
Revocation or surrender. (1) The Authorities understand that:
(a) Revocation or surrender of the ANAC AMO Approval will automatically render the TCCA Supplement and its privileges invalid. As a consequence of this revocation or surrender, all privileges of their TCCA Supplement approval will be permanently removed and will not be re-instated; and
(b) ANAC will immediately notify TCCA of any activities related to the aforementioned certificate action.
Revocation or surrender. (1) The AMO must submit notification by email to their PMI indicating their intent to cancel or surrender their ANAC supplement approval.
(2) Revocation or surrender of the AMO’s approval will automatically render the ANAC Supplement approval and privileges invalid.