Specific termination Clause Samples

The 'Specific termination' clause defines the conditions under which a contract may be ended before its natural expiration due to particular, predefined events or breaches. Typically, this clause outlines specific scenarios—such as failure to meet key obligations, insolvency, or material breach—that grant one or both parties the right to terminate the agreement. By clearly identifying these triggers, the clause provides a structured process for ending the contract, thereby reducing uncertainty and allocating risk in situations where continuing the relationship is no longer viable.
Specific termination. Bord Gáis shall be entitled to terminate its obligation to perform Operational Siteworks the subject matter of an Operational Siteworks Request properly submitted in accordance with the terms of this Agreement pursuant to this Agreement at any time by notice in writing to the other Party (the “Specific Termination Notice”) if;-
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Specific termination. Either Party may terminate this Agreement without any notice if it is discovered that the other Party is an Organized Crime Group Member or falls under Section “Organized Crime Group Members” above, if the other Party commits any act provided for under Section “Unlawful acts” above, or if it is discovered that the other Party has made any false declaration in relation to its representations and covenants under Section “Organized Crime Group Members” above, and the Party considers it inappropriate to continue transactions with the other Party.
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Specific termination. In case the Liquidity Provider does not comply with the requirements of the Operating Terms during a period of 3 (three) entire months during the same calendar year (whether in a row or on a cumulative basis), LuxSE will withdraw the liquidity provider status of the Member in connection with the relevant Financial Instrument(s) for the rest of the current calendar year. For the avoidance of doubt, the application of the above procedure will not impact the Liquidity Provision Activities carried out in connection with the other Financial Instruments and for which the Liquidity Provider has complied with its obligations. Once the Liquidity Provider has lost its liquidity provider status for all Financial Instruments, it will become a normal trading member.
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Specific termination. Licensor shall have the right to terminate this Agreement by written notice to Licensee in the event that Licensee does not timely achieve any of the [***].
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Specific termination. In case the Liquidity Provider does not comply with the requirements of the Operating Terms during a period of 3 (three) entire months during the same calendar year (whether in a row or on a cumulative basis), LuxSE will withdraw the Market Maker status of the Member in connection with the relevant Financial Instrument(s) for the rest of the current calendar year. For the avoidance of doubt, the application of the above procedure will not impact the Liquidity Provision Activities carried out in connection with the other Financial Instruments and for which the Market Maker has complied with its obligations. Once the Liquidity Provider has lost its market maker status for all Financial Instmuments, it will become a normal trading member. 1 Definitions 2 Purpose 3 General Terms and Conditions 1 Obligations of the Liquidity Provider 2 Obligations of LuxSE 3 Alteration and suspension of Liquidity Provision rights and obligations 4 Use of Trademarks 5 Term and Termination 6 Fees and payment 7 Modifications and improvements 8 Confidentiality 9 Personnal data 10 No agency 11 Notification 12 Assignment
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Related to Specific termination

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be effected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity and up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of the ESC Region 8 and TIPS. Does vendor agree? Yes

  • Automatic Termination Unless earlier terminated pursuant to this Section 13, this Agreement shall automatically terminate upon the issuance and sale of all of the Placement Securities through (1) the Sales Agent on the terms and subject to the conditions set forth herein with an aggregate sale price equal to the amount set forth in Section 1 of this Agreement or (2) the Alternative Sales Agents through the Alternative Distribution Agreements on the terms and subject to the conditions set forth therein or any Placement Notice.

  • 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.

  • On Termination In the event this Agreement is terminated for any reason prior to the expiration of its original term or any renewal term, Owner shall indemnify, protect, defend, save and hold Manager and all of the other Indemnified Parties harmless from and against any and all claims, causes of action, demands, suits, proceedings, loss, judgments, damage, awards, liens, fines, costs, attorney's fees and expenses, of every kind and nature whatsoever (collectively, "Losses"), that may be imposed on or incurred by Manager by reason of the willful misconduct, gross negligence and/or unlawful acts (such unlawfulness having been adjudicated by a court of proper jurisdiction) of Owner.

  • Contract Termination debarment. A breach of the contract clauses in 29 CFR 5.5 may be grounds for termination of the contract, and for debarment as a contractor and a subcontractor as provided in 29 CFR 5.12.