Common use of Termination Agreement Clause in Contracts

Termination Agreement. (1) If the Franchise Agreement shall be terminated due to the expiration, both parties shall sign a Termination Agreement through negotiation completed 180 days prior to the expiration date. (2) If the Franchise Agreement shall be terminated due to the cancellation of Franchise, both parties shall sign a Termination Agreement 180 days prior to the termination date.

Appears in 5 contracts

Sources: Franchise Agreement (Sino Gas International Holdings, Inc.), Franchise Agreement (Sino Gas International Holdings, Inc.), Franchise Agreement (Sino Gas International Holdings, Inc.)

Termination Agreement. (1) If the Franchise Agreement shall be terminated due to the expiration, both parties shall sign a Termination Agreement through negotiation completed 180 days prior to the expiration date. (2) If the Franchise Agreement shall be terminated due to the cancellation of Franchise, both parties shall sign a Termination Agreement 180 7 days prior to the termination date.

Appears in 1 contract

Sources: Franchise Agreement (Sino Gas International Holdings, Inc.)

Termination Agreement. (1) If the Franchise Agreement shall be terminated due to the expiration, both parties shall sign a Termination Agreement through negotiation completed 180 days prior to the expiration date. (2) If the Franchise Agreement shall be terminated due to the cancellation of Franchise, both parties shall sign a Termination Agreement 180 days prior to the termination date.

Appears in 1 contract

Sources: Franchise Agreement (Sino Gas International Holdings, Inc.)