TERMINATING THE APPOINTMENT Clause Samples
The 'Terminating the Appointment' clause defines the conditions and procedures under which a party may end a professional or contractual relationship before its natural conclusion. Typically, this clause outlines the required notice period, acceptable grounds for termination (such as breach of contract or insolvency), and any obligations that must be fulfilled upon termination, such as final payments or return of property. Its core function is to provide a clear and fair process for ending the appointment, thereby reducing uncertainty and potential disputes between the parties.
TERMINATING THE APPOINTMENT. The Client agrees that the appointment by the Client of the Agent pursuant to Section A (the “Appointment”) is binding upon the Client and the Client’s heirs, executors, administrators, successors and assigns. BMO InvestorLine will continue to deal with the Agent until the Appointment is terminated in the manner described below: