Term Termination Default Sample Clauses

Term Termination Default a. This Agreement shall remain in effect for so long as the Pathway Easement remains in effect, or unless otherwise agreed in writing by the parties hereto, or unless sooner terminated as provided herein. b. It shall constitute a default hereunder if Developer fails to perform any obligation required to be performed by it hereunder, and such failure continues for a period of thirty (30) calendar days after written notice thereof from the City, specifying in reasonable detail the nature of such non-performance. No default will be deemed to exist if the cure is commenced within the cure period and diligently pursued to completion within sixty (60) calendar days after the written notice is issued.
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Term Termination Default. (a) GEO shall supply the Calcium Stearate Products for an initial period of five (5) years from the date hereof (the "Calcium Stearate Period"). ----------------------- Thereafter, this Agreement shall be renewed automatically with respect to the Calcium Stearate Products for successive one year periods unless either party provides the other party with written notice of its intent to cease purchasing or supplying (as applicable) Calcium Stearate Products hereunder no less than six (6) months prior to the end of the Calcium Stearate Period or any renewal period. (b) GEO shall supply the Other Paper Industry Products for a period of one (1) year from the date hereof (the "Other Paper Products Period"). --------------------------- Thereafter, this Agreement shall be renewed automatically with respect to the Other Paper Industry Products for successive one year periods unless either party shall give the other party written notice of its intent to cease purchasing or supplying (as applicable) Other Paper Products hereunder no less than six (6) months prior to the end of the Other Paper Products Period or any renewal period. (c) This Agreement, and any rights granted hereunder, may be terminated (i) in whole or in part by the mutual written consent of the parties hereto, or (ii) with respect to either the Calcium Stearate Products or the Other Paper Industry Products, by either party by written notice to the other party upon any material breach or default of any provision or obligation of this Agreement relating to such Products and failure to cure such breach or default within sixty (60) days after written notice thereof. (d) Any termination of this Agreement pursuant to the preceding paragraph shall be without prejudice to any other remedies which either party may have against the other arising out of any breach or default and shall not affect any rights or obligations of either party arising under this Agreement prior to such termination. In the event of termination by Nalco, Nalco shall pay GEO for all Products ordered, processed, packaged and available for shipment prior to the effective date of termination and shall reimburse GEO for all unused raw materials for Products not usable by GEO. All such Products and unused raw materials shall be shipped to the Nalco customer or to such other location designated by Nalco. Upon termination of the obligations of the parties to purchase or supply (as applicable) any category of Products under this Agreement, GEO ag...
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Term Termination Default a. This Agreement shall remain in effect for so long as the Easement remains in effect, or unless otherwise agreed in writing by the parties hereto, or unless sooner terminated as provided herein. b. It shall constitute a default hereunder if Developer fails to perform any obligation required to be performed by it hereunder, and such failure continues for a period of thirty (30) calendar days after written notice thereof from the City, specifying in reasonable detail the nature of such non-performance; provided that, if Developer has commenced the cure of such default and is diligently pursuing the same as reasonably determined by the City after its review of the Developer’s efforts, Developer shall be afforded such additional reasonable period of time as may be necessary for Developer to complete the cure of such default. No default will be deemed to exist if the cure is commenced within the cure period and diligently pursued to completion within thirty (30) calendar days after the written notice is issued or such longer period as is provided for in this Section 5(b) or that City and Developer may otherwise agree is reasonable in the circumstances.
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Term Termination Default 
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Related to Term Termination Default

  • Termination; Default We may reduce the Credit Limit or terminate your ability to receive further credit under this Agreement at any time without notice. You may terminate your ability to receive further credit under this Agreement by giving us notice of termination and returning to us all Cards and Credit Devices. Termination by you will be effective on the date we receive written notice from you along with the Cards and Credit Devices (unless they are lost or stolen, in which case you agree to sign an affidavit to that effect and stating that no credit received after the date of loss or theft was authorized by you).

  • Termination Upon Default Either Party may terminate this Agreement in whole or in part in the event of a default by the other Party; provided however, that the non-defaulting Party notifies the defaulting party in writing of the alleged default and that the defaulting Party does not cure the alleged default within sixty (60) calendar days of receipt of written notice thereof. Default is defined to include: (a) A Party's insolvency or the initiation of bankruptcy or receivership proceedings by or against the Party; or (b) A Party's refusal or failure in any material respect properly to perform its obligations under this Agreement, or the violation any of the material terms or conditions of this Agreement.

  • H2 Termination on Default H2.1 The Authority may terminate the Contract by written notice in accordance with clause A5.2 (Notices) to the Contractor with immediate effect if the Contractor commits a Default and if:

  • Termination on Default The Authority may terminate this Framework Agreement by serving written notice on the Supplier with effect from the date specified in such notice where the Supplier commits a Material Default and if: 26.8.1 the Supplier has not remedied the Material Default to the satisfaction of the Authority within twenty (20) Working Days, or such other period as may be specified by the Authority, after issue of a written notice specifying the Material Default and requesting it to be remedied; or 26.8.2 the Material Default is not, in the reasonable opinion of the Authority, capable of remedy.

  • Reservation Default Failure by the Borrower to have reserve for issuance upon conversion of the Note the amount of Common stock as set forth in the Subscription Agreement.