Suspension, Cancellation and Termination Clause Samples

Suspension, Cancellation and Termination. Clause 4 (a)

Suspension, Cancellation and Termination. Clause 4 (a) The Card is and will be, at all times, the property of the Bank and shall be surrendered to the Bank immediately upon request by the Bank or its duly authorised agent. The Bank reserves the right to withdraw or suspend at its absolute discretion, the Card and/or any of the services thereby offered at any time (as it in its absolute discretion deems fit) and in such circumstances if it so deems fit to terminate use of the Card by the Cardholder with written notice to the Cardholder. It is further agreed that the Bank is under no obligation whatsoever to reveal the reason for the termination of use of the Card.

Suspension, Cancellation and Termination. We reserve the right for any reason to discontinue our participation in any Digital Wallet service. Except as otherwise required by applicable law, we may block, restrict, suspend or terminate your use of any Card in a Digital Wallet or your use of any Card through a Digital Wallet at any time without notice and for any reason, including but not limited to if you violate this Agreement, your Cardholder Agreement or applicable law, if we suspect fraudulent activity or as a result of the cancellation or suspension of your Card account. We will not be liable to you or any third party for any block, suspension, cancellation or termination of your use of your Card.

Suspension, Cancellation and Termination. We may terminate this Agreement at any time without notice or suspend or terminate your access to and use of any Card at any time, with or without cause, in our absolute discretion. We reserve the right for any reason to discontinue our participation in any Digital Wallet service. Except as otherwise required by applicable law, we may block, restrict,

Suspension, Cancellation and Termination. 11.1 In the event that Customer (or its Affiliate) fails to perform any obligations or fails to make payment to FlyerTech, then FlyerTech may, at its sole option suspend any services pending payment by the Customer and/or delay or cancel performance of the obligations required of FlyerTech and/or its Affiliates. 11.2 In the event that Customer 11.2.1 fails to provide Flyertech with instructions to commence any contracted services or works under a signed Service Order within 30 days of Customer’s signature of such Service Order, then Flyertech has the option, at its sole discretion, to (i) charge the Customer a fee representing 10 per cent of the fee agreed on that Service Order or levy a charge in the sum of £1,000 which ever charge shall be the greater and, in addition (ii) Flyertech shall have the right to cancel the Service Order without any penalty; 11.2.2 requests the suspension of services or works under a signed Service Order after commencement of the works by FlyerTech, then Flyertech has the option, at its sole discretion, to levy a charge to the Customer on the greater of the following charges: (i) a fee representing 60 percent of the fee agreed on the service Order; or (ii) the proportionate charge based on the value of the work undertaken plus a surcharge of 10 per cent on the value of the agreed fee on the Service Order. 11.2.3 In addition to the charges detailed on clause 11.2.2, FlyerTech may charge the Customer for any goods ordered on behalf of the Customer at the rate detailed on the Services Order, or if no charges had been detailed, then at the cost of the goods plus 20 per cent of the value of the item(s). 11.3 Either FlyerTech or Customer may terminate this agreement if: a) the other party commits a material breach of any term of this agreement and (if such breach is remediable) fails to remedy that breach within a period of fourteen (14) days after being notified in writing to do so; or b) the other party takes or has taken against it (other than in relation to a solvent restructuring) any step or action towards its entering bankruptcy, administration, provisional liquidation or any composition or arrangement with its creditors, applying to court for or obtaining a moratorium under Part A1 of the Insolvency Act 1986, being wound up (whether voluntarily or by order of the court), being struck off the register of companies, having a receiver appointed to any of its assets, or its entering a procedure in any jurisdiction with a similar ...

Suspension, Cancellation and Termination. 5.1 This Agreement and all obligations of the Parties, in accordance with Article 2.2, shall automatically be terminated in the event: (i) the Agreement has not been declared effective within 180 (One Hundred and Eighty) days from the date of this Agreement; or (ii) The Recipient has not submitted a request for First Disbursement within 180 (One Hundred and Eighty) days from the Date of Effectiveness. 5.2 ln addition to the provisions of Article-VI of the General Conditions, the Bank may, by notice to the Recipient, suspend and/or cancel the Loan or any part thereof, if at any time, with respect to the implementation of the Project, including with respect to the procurement or execution of any contract concluded by virtue of this Agreement, the Bank determines that any person or entity has engaged in Sanctionable Practices without the Recipient having taken timely and appropriate action satisfactory to the Bank to remedy the situation or to address such practices when they occur.

Suspension, Cancellation and Termination