Termination - 1 Sample Clauses

Termination - 1. This Convention shall remain in force until terminated by one of the Contracting States. Either Contracting State may terminate the Convention, through diplomatic channels, by giving notice of termination at least six months before the end of any calendar year beginning after the expiry of five years from the date of entry into force of the Convention. In such event, the Convention shall cease to have effect :
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Termination - 1. Either of the parties hereto may terminate this Agreement by giving to the other party a notice in writing specifying the date of such termination, which shall be not less than ninety (90) days after the date of giving of such notice. In the event such notice is given by the Fund, it shall be accompanied by a copy of a resolution of the Board of Directors of the Fund, certified by the Secretary or any Assistant Secretary, electing to terminate this Agreement and designating a successor custodian or custodians, each of which shall be a bank or trust company having not less than $2,000,000 aggregate capital, surplus and undivided profits. In the event such notice is given by the Custodian, the Fund shall, on or before the termination date, deliver to the Custodian a copy of a resolution of the Board of Directors of the Fund, certified by the Secretary or any Assistant Secretary, designating a successor custodian or custodians. In the absence of such designation by the Fund, the Custodian may designate a successor custodian which shall be a bank or trust company having not less than $2,000,000 aggregate capital, surplus and undivided profits. Upon the date set forth in such notice this Agreement shall terminate, and the Custodian shall upon receipt of a notice of acceptance by the successor custodian on that date deliver directly to the successor custodian all Securities and money then owned by the Fund and held by it as Custodian, after deducting all fees, expenses and other amounts for the payment or reimbursement of which it shall then be entitled. 2. If a successor custodian is not designated by the Fund or the Custodian in accordance with the preceding paragraph, the Fund shall upon the date specified in the notice of termination of this Agreement and upon the delivery by the Custodian of all Securities (other than Securities held in the Book-Entry System which cannot be delivered to the Fund) and money then owned by the Fund be deemed to be its own custodian and the Custodian shall thereby be relieved of all duties and responsibilities pursuant to this Agreement, other than the duty with respect to Securities held in the Book Entry System which cannot be delivered to the Fund to hold such Securities hereunder in accordance with this Agreement.
Termination - 1. This Agreement shall remain in force indefinitely but either of the Contracting States may terminate the Agreement through the diplomatic channel, by giving to the other Contracting State written notice of termination not later than 30th June of any calendar year starting five years after the year in which the Agreement entered into force :
Termination - 1. This Agreement shall remain in force until terminated by either Contracting Party.
Termination - 1. Each of the Parties may terminate the Framework agreement for justifiable reasons at the end of the first, second or third year, on condition that they send their letter of termination to the other Party, giving their reasons, by registered mail at least 90 calendar days before the end of that year. However, the effective date of termination of said Framework agreement cannot be anterior to the end of any Individual Contract. In that case, the Party confronted with the cancellation of the Framework agreement by the other Party may not claim damages for that cancellation. 2. If, during the lifetime of the Framework agreement, the Contracting party is the subject of proceedings for dissolution, bankruptcy, liquidation, judicial reorganization, payment moratorium or protest or if the Partner becomes insolvent or transfers all or a substantial part of his assets, APETRA shall have the right to terminate the Framework agreement unilaterally without prejudice to its entitlement to damages, with immediate effect and without any prior notice or payment of any Fee.
Termination - 1. This Agreement may be terminated by decision of the General Assembly upon a two-­‐thirds majority. 2. The date of termination will be twelve months after the date of the above decision and in the intervening period the Council shall be responsible for distribution of IALA’s assets in accordance with the General Regulations.
Termination - 1. This Agreement shall remain in force indefinitely but either of the Contracting States may terminate the Agreement through the diplomatic channel, by giving to the other Contracting State written notice of termination not later than 30 June of any calendar year starting five years after the year in which the Agreement entered into force. 2. In such event the Agreement shall cease to apply: (a) with regard to taxes withheld at source, in respect of amounts paid or credited after the end of the calendar year in which such notice is given; and (b) with regard to other taxes, in respect of taxable years beginning after the end of the calendar year in which such notice is given. PROTOCOL At the signing of the Agreement between the Government of the State of Qatar and the Government of the Republic of South Africa for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income, the undersigned have agreed upon the following provision which shall form an integral part of the Agreement: With reference to Article 22: It is understood that as branches in South Africa of companies which have their place of effective management outside South Africa are exempt from the secondary tax on companies, nothing contained in this Article shall prevent South Africa from imposing on the profits attributable to a permanent establishment in South Africa of a company, which is a resident of the State of Qatar, a tax at a rate which does not exceed the rate of normal tax on companies by more than five percentage points.
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Termination - 1. If the agreement should be prematurely terminated by customer, user shall have a right to compensation for the arising and demonstrable loss of occupation, unless facts and circumstances have led to the termination that may be deemed the responsibility of user. Furthermore, user shall in such event be under the obligation to pay the invoices for activities performed up to that moment. The provisional results of the activities performed up to that moment shall be made available to customer under reserve. 2. If the agreement should be prematurely terminated by user, user shall in consultation with customer see to transfer of the activities still to be performed to third parties, unless there are facts and circumstances that have led to the termination that are to be deemed the responsibility of customer. 3. If the transfer of the activities should bring extra costs to user, they shall be charged to customer.
Termination - 1. At any time during the term of this Agreement, after having used all reasonable diligence in its endeavour to conduct its activities under this Agreement, if in the Company's opinion the Enterprise is not workable, the Company shall consult with the Department and may thereafter submit a written notice to terminate this Agreement and to be relieved of its obligations hereunder. At the time of the submission of such notice, the Company shall make available to the Department, to the extent requested by the Department, all relevant data and information related to the Company's activities under this Agreement which have not theretofore been delivered to the Department. Such data and information shall include but not be limited to documents, maps, plans, work sheets and other technical data and information. Upon confirmation of termination by the Department or within a period of six months from the date of the giving of such written notice by the Company, whichever shall first occur, this Agreement shall automatically terminate and the Company shall be relieved of its obligations under this Agreement except as hereinafter specifically provided in this Article. 2. Upon termination of this Agreement pursuant to this Article 22 or termination of this Agreement by reason of the expiration of the term of this Agreement, all Contract Properties, movable and immovable, of the Company within the Project Areas and Mining shall be offered for sale to the Government at cost or market value, whichever is the lower, but in no event lower than the depreciated book value. The Government shall have an option, valid for thirty days from the date of such offer, to buy, within ninety days after acceptance by the Government of such offer, all such property at the agreed value payable in United States Dollars and through a bank to be agreed upon by both Parties. If the Government does not accept such offer within the said thirty day period, the Company may sell, remove or otherwise dispose of any or all of such property during a period of twelve months after the expiration of such offer. The Government will use its best efforts to facilitate the disposition by the Company of any of such Contract Properties that the Company desires to dispose of. Any of such Contract Properties not so sold, removed or otherwise disposed of shall become the property of the Government without any compensation to the Company. 3. It is agreed, however, that any Contract Properties, movable and immovable...
Termination - 1. Either party may terminate this Agreement for cause at any time, upon written notice to the other, if the other knowingly and willfully (a) materially fails to comply with the laws or regulations of any state or governmental agency or body having jurisdiction over the sale of insurance or securities, (b) misappropriates any money or property belonging to the other, (c) subjects the other to any material actual or potential liability due to misfeasance, malfeasance, or nonfeasance, (d) commits any fraud upon the other, (e) has an assignment for the benefit of creditors, (f) incurs bankruptcy, or (g) commits a material breach of this Agreement.
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