Termination 18 Clause Samples
The 'Termination 18' clause defines the conditions and procedures under which a contract may be ended by either party. Typically, this clause outlines specific events or breaches that can trigger termination, such as failure to perform obligations, insolvency, or mutual agreement, and may require written notice before termination becomes effective. Its core practical function is to provide a clear and structured process for ending the contractual relationship, thereby reducing uncertainty and protecting the interests of both parties in the event that continuation of the contract is no longer viable.
Termination 18. 1. A party may terminate the Agreement by written notice to the other party if the other party (the defaulting party) commits a breach of the Agreement: (a) that is not remediable; or (b) that is remediable and the defaulting party fails to remedy the breach within fourteen (14) days of receiving written notice from the other party requiring the defaulting party to remedy the breach. 18.
Termination 18. Section 4.1 Early Termination of Agreement; Breach of Agreement 18 Section 4.2 Early Termination Notice 19 Section 4.3 Payment upon Early Termination 19
Termination 18. 1 This Deposit Agreement may be terminated: (a) by either the Client and the Holders, acting jointly, or Computershare by notice in writing to the other party and to all Holders if, in respect of Computershare, the Client, and in respect of the Client and the Holders, Computershare: (i) shall be in material breach of any term of this Deposit Agreement and shall not have remedied such breach (if capable of being remedied) within 30 days of receiving notice of such breach and a request for such remedy; (ii) goes into insolvency or liquidation (not being a members' voluntary winding up) or administration or a receiver is appointed over any part of its undertaking or assets provided that any arrangement, appointment or order in relation to such insolvency or liquidation, administration or receivership is not stayed, revoked, withdrawn or rescinded (as the case may be), within the period of 30 days, immediately following the first day of such insolvency or liquidation; or (iii) shall cease to have the appropriate authorizations, which permit it lawfully to perform its obligations envisaged by this Deposit Agreement at any time. (b) by Computershare (i) at any time in which it ceases to act as transfer agent for the Company Securities or (ii) if the Client undertakes a corporate action relating to or affecting the share capital of the Client and relating to the Deposited Securities and provides notice of the corporate action to Computershare in accordance with Section 4.4(a) of this Deposit Agreement and Computershare, acting reasonably, considers that (x) such corporate action will, or is likely to, materially adversely affect its legal, tax or regulatory position or (y) one or more of the conditions set by Computershare pursuant to Section 4.4(b) hereof has not been met. 18.2 In addition, Computershare may terminate this Deposit Agreement: (a) by giving 60 days' prior notice to that effect to the Company and Holders; or (b) at any time upon written notice to the Company if there shall be no Depositary Receipts outstanding. 18.3 Any termination of this Deposit Agreement shall be without prejudice to any other rights or remedies a party may be entitled to under this Deposit Agreement or at law and shall not affect any accrued rights or liabilities of any of the Parties nor the coming into or continuance in force of any provision which is expressly or by implication intended to come into or continue in force on or after such termination. Upon any resignation by C...
Termination 18. 1. This Agreement may be terminated after 90 days from the date first written above by either party giving 30 days written notice of intent to terminate.
18.2. The Corporation may terminate this Agreement on 30 days written notice if the Consultant is in breach of any of its covenants or agreements set out in Article 3 herein unless the breach is corrected within the 30 day notice period.
18.3. The Consultant may terminate this Agreement on 30 days written notice if the Corporation is in breach of any of its covenants or agreements set out herein unless the breach is corrected within the 30 day notice period.
Termination 18. 1. The Issuer may terminate the Agreement at any time and with immediate effect, provided that the Liquidity Account is closed in accordance with the provisions of Article 13. 18.
Termination 18. 1
a. This Agreement may be terminated by eFlow with immediate effect:
b. if a petition is presented for a bankruptcy order in respect of you or you are otherwise unable to pay your debts as they fall due; or, as appropriate, an encumbrancer lawfully takes possession (and does not relinquish possession within thirty (30) days); or a receiver is validly appointed in respect of your assets; or a petition is presented for the appointment of an examiner; or an examinership order is made in respect of you; or a petition is presented for your winding-up or bankruptcy; or an order for your winding–up or bankruptcy is made; or an effective resolution is made or passed for your winding-up; or
c. if you are in material breach of any of the terms of this Agreement, if such breach is incapable of remedy or, if capable of remedy, such default continues unremedied for thirty
Termination 18. Section 6.1.
Termination 18