Term Termination Remedies Sample Clauses

Term Termination Remedies. A. The Contract shall automatically terminate after final acceptance of the Services and final payment by Tri-State; provided that if Tri-State decides not to proceed with the repair the Contract shall automatically terminate (i) after return of Tri-State Equipment to Tri-State or (ii) sale/disposal for scrap of the Tri-State Equipment and final payment, if instructed by Tri-State pursuant to Section 2(A). Notwithstanding the above, this Section 4 and Sections 2, 6 – 9, 12, 16, and 18 and 21-24 of these Terms shall survive any such termination.
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Term Termination Remedies. A. The Contract shall automatically terminate after final acceptance of the Services and final payment by Elk Ridge; provided that if Elk Ridge decides not to proceed with the repair the Contract shall automatically terminate (i) after return of Elk Ridge Equipment to Elk Ridge or (ii) sale/disposal for scrap of the Elk Ridge Equipment and final payment, if instructed by Elk Ridge pursuant to Section 2(A). Notwithstanding the above, this Section 4 and Sections 2, 6 – 9, 12, 16, and 18 and 21-24 of these Terms shall survive any such termination.
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Term Termination Remedies. This Agreement shall be in effect for a period commencing on the date of the Agreement and ending on December 31, 2007, unless extended by agreement of the parties. Either Vesta or the Receivership Estates may seek court approval to terminate this Agreement with respect to its ongoing obligations hereunder based upon a default by Xxxxxx in the performance of any of Xxxxxx’ obligations hereunder if the terminating party provides at least 5 business days prior written notice to Xxxxxx and the other party to this Agreement of such terminating party's intent to terminate (in which such notice the terminating party shall specify all alleged defaults by Xxxxxx that are the basis for the termination) and Xxxxxx fails to cure such defaults within such 5 business-day period. Xxxxxx may seek Bankruptcy Court approval on an expedited basis (and the parties hereby consent to expedited consideration by the Bankruptcy Court) to terminate this Agreement as to either Vesta or the Receivership Estates, or both of them, based upon a default by Vesta or the Receivership Estates, or both of them, as the case may be, in the performance of any of its, or their, obligations hereunder if Xxxxxx provides at least 5 business days prior written notice of its intent to terminate (in which such notice Xxxxxx shall specify all alleged defaults that are the basis for the termination) and the defaulting party fails to cure such defaults within such 5 business-day period. In no event shall any party be authorized to recover from the other, on account of such other party's breach of any of the provisions of this Agreement, any punitive, special, exemplary or consequential damages. At the hearing on a termination request, the Bankruptcy Court shall be authorized to impose such terms and conditions on the termination and transition from this Agreement as the Bankruptcy Court deems necessary to protect the interests of Xxxxxx, Xxxxx and the Receivership Estates.
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Term Termination Remedies. The term of this Agreement (“Term”) shall commence on the date of this Agreement and end upon the earlier of: (i) notice from DataMi that it is terminating this Agreement, (ii) any breach of this Agreement by Developer, or (iii) the earlier of three (3) months or any shorter period set forth on the signature page or related order form. Upon termination, Developer immediately shall return to DataMi all DataMi Property and discontinue access to and use of the SDK. Sections 2, 3, 6, 7, 8, 9 and 10 shall survive termination. For any violation of this Agreement, DataMi shall have all rights and remedies under this Agreement and under applicable laws.
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Term Termination Remedies. 23 9.1 General 24 9.2 Termination for Bankruptcy; Insolvency 24 9.3 Termination for Default After Notice 24 9.4 Termination by Inspire for Change in Control of Novasep 24 9.5 Termination by Inspire for Convenience 24 9.6 No Suspension of Obligations 24 9.7 Effect of Termination 25 ARTICLE X MISCELLANEOUS 25 10.1 Notices 25 10.2 Independent Contractors 26 10.3 Entire Understanding 26 10.4 Force Majeure Event 26 10.5 Assignment 27 10.6 Dispute Resolution 27 10.7 Use of Affiliates 28 10.8 Subcontractors 28 10.9 Amendment 28 10.10 Severability 28 10.11 Waiver 28 10.12 Survival 28 10.13 Drafting Ambiguities 29 10.14 Headings; Schedules and Exhibits; Counterparts 29 10.15 Governing Law 29 10.16 Remedies 29 10.17 Injunctive Relief 29 10.18 Further Assurances 30 10.19 Counterparts 30 Note: Certain portions of this document have been marked “[c.i.]” to indicate that confidential treatment has been requested for this confidential information. The confidential portions have been omitted and filed separately with the Securities and Exchange Commission.
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Term Termination Remedies 
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Related to Term Termination Remedies

  • Termination Remedies In the event of any such material default under or material breach of the terms of this Lease by the Relevant Asset Owner, the Related Refinery Owner may, at the Related Refinery Owner’s option, at any time thereafter that such default or breach remains uncured, without further notice or demand:

  • Termination for Default; Remedies 8.2.1 Each of the following shall constitute an immediate event of default (“Event of Default”) under this Agreement:

  • Default Remedies Termination A. [Sec. 400]

  • Termination and Remedies From and during the continuance of an Event of Default, the non-defaulting Party shall be entitled to all remedies available at law or in equity, and may terminate this Agreement by notice to the other Party designating the date of termination and delivered to the defaulting Party no less than one (1) Business Day before such termination date. The notice required by this Section 11.3 may be provided in the notice of default (and does not have to be a separate notice) so long as it complies with all other terms of this Section 11.3. As a precondition to Xxxxxx's exercise of this termination right, Seller must also provide copies of such notice to the notice addresses of then-current President and General Counsel of PacifiCorp set forth in Section 22. Such copies shall be sent by registered overnight delivery service or by certified or registered mail, return receipt requested. In addition, a Party's termination notice shall state prominently therein in type font no smaller than 14-point all-capital letters that "THIS IS A TERMINATION NOTICE UNDER A SOLAR PPA. YOU MUST CURE A DEFAULT, OR THE PPA WILL BE TERMINATED," and shall state therein any amount purported to be owed and wiring instructions. Neither Party will have any right to terminate this Agreement if the default that gave rise to the termination right is cured within the 15 Business Days of receipt of such notice. Further, from and after the date upon which Seller fails to remedy a default within the time periods provided in Section 11.1, and until PacifiCorp has recovered all damages incurred on account of such default by Seller, without exercising its termination right, PacifiCorp may offset its damages against any payment due Seller. Except in circumstances in which a remedy provided for in this Agreement is described as a Party's sole or exclusive remedy, upon termination, the non-defaulting Party may pursue any and all legal or equitable remedies provided by law, equity or this Agreement (including Section 24.6). The rights contemplated by this Section 11 are cumulative such that the exercise of one or more rights shall not constitute a waiver of any other rights. In the event of a termination hereof:

  • Acceleration; Remedies Upon the occurrence and during the continuance of an Event of Default, then, and in any such event, (a) if such event is a Bankruptcy Event, automatically the Commitments shall immediately terminate and the Loans (with accrued interest thereon), and all other amounts under the Credit Documents (including, without limitation, the maximum amount of all contingent liabilities under Letters of Credit) shall immediately become due and payable, and (b) if such event is any other Event of Default, any or all of the following actions may be taken: (i) with the written consent of the Required Lenders, the Administrative Agent may, or upon the written request of the Required Lenders, the Administrative Agent shall, declare the Commitments to be terminated forthwith, whereupon the Commitments shall immediately terminate; (ii) the Administrative Agent may, or upon the written request of the Required Lenders, the Administrative Agent shall, declare the Loans (with accrued interest thereon) and all other amounts owing under this Agreement and the Notes to be due and payable forthwith and direct the Borrower to pay to the Administrative Agent cash collateral as security for the LOC Obligations for subsequent drawings under then outstanding Letters of Credit an amount equal to the maximum amount of which may be drawn under Letters of Credit then outstanding, whereupon the same shall immediately become due and payable; and/or (iii) with the written consent of the Required Lenders, the Administrative Agent may, or upon the written request of the Required Lenders, the Administrative Agent shall, exercise such other rights and remedies as provided under the Credit Documents and under applicable law.

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Events of Termination Subject to Section 6.4 below, this Agreement will terminate as to a Fund:

  • Termination Effect of Termination 29 7.1 Termination................................................................. 29 7.2

  • Term; Termination of Agreement This Agreement shall continue in force for a period of one year from the date hereof, subject to an unlimited number of successive one-year renewals upon mutual consent of the parties. It is the duty of the Independent Directors to evaluate the performance of the Advisor annually before renewing the Agreement, and each such renewal shall be for a term of no more than one year.

  • Term; Termination; Rights on Termination The term of this Agreement shall begin on the date hereof and continue for three (3) years, and, unless terminated sooner as herein provided, shall continue thereafter on a year-to-year basis on the same terms and conditions contained herein in effect as of the time of renewal (such initial three year period and any extensions thereof being referred to herein as the "Term"). This Agreement and Employee's employment may be terminated in any one of the following ways:

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