Termination and Reduction. The Company shall have the right, upon at least three Business Days’ notice to the Administrative Agent, to terminate in whole or reduce each Lender’s Pro Rata Share of the unused Commitments. Each partial reduction of the Commitments shall be in the aggregate amount of at least $10,000,000 or a larger whole multiple of $1,000,000.
Termination and Reduction. The Borrower shall have the right, upon at least two Business Days' notice to the Agent, to terminate in whole or reduce each Lender's Pro Rata Share of the unused Commitments, provided that the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount that is less than the aggregate principal amount of the Uncommitted Advances then outstanding. Each partial reduction of the Commitments shall be in the aggregate amount of at least $10,000,000 or a larger whole multiple of $1,000,000.
Termination and Reduction. The Administering Institution may terminate this Agreement if: the NHMRC ceases to provide Funding for the Project or the NHMRC Funding Agreement is terminated for any reason, in which case the Administering Institution will notify the Participating Institutions and the Parties will meet to discuss available options regarding the Project and this Agreement; or a Participating Institution breaches a material term of this Agreement and such breach is not remedied within 30 days of written notice of the breach by the Administering Institution to the Participating Institution. This Agreement may be terminated: at any time by the Parties mutual written agreement; or if the Project is wholly terminated. If the Administering Institution receives notice that a Participating Institution wishes to withdraw its involvement in the Project the Administering Institution will seek, in accordance with the NHMRC Funding Agreement, the remaining Parties consent to terminate this Agreement, or continue the Project with the remaining Participating Institutions. Where the Parties elect to proceed with the Project they will do all things necessary to amend this Agreement to reflect the new arrangements. If the NHMRC reduces the scope of the NHMRC Funding Agreement, the Project or the Funding, the Administering Institution will notify the Participating Institutions in writing and the Parties agree that this Agreement will be similarly reduced. Upon termination or reduction, the Parties will stop or reduce performance of the Project, take all reasonable steps to minimise loss resulting from the termination or reduction, continue to perform any Project obligations which are not affected by the reduction, and each Participating Institution will reasonably assist the Administering Institution to comply with a request from the NHMRC for the Funding to be repaid if that request arises from the Participating Institution’s conduct. The Parties will also return all Confidential Information and property belonging to the other Parties within 14 days of the termination date. No Party will be liable to the other upon termination of this Agreement for any compensation for loss of prospective opportunities or benefits that would have been conferred on another Party but for the termination or reduction in scope of this Agreement.
Termination and Reduction. 16.1 In the event of acts of God, fire, storm, flood, earthquake, explosion, accident, acts of a public enemy or terrorism, war, rebellion, insurrection, sabotage, epidemic, quarantine restrictions, industrial dispute, transportation embargo or failure or delay in transportation that render the performance of the Services impracticable or impossible either Party may, upon providing a minimum of three (3) calendar months written notice to the other, terminate the SRA Agreement.
Termination and Reduction. If the Court declines to grant either preliminary or final approval to this Settlement Agreement or any material part hereof (as set forth in Sections II(G)(3) or (G)(7) above, respectively), or if the Court approves this Settlement Agreement in a materially modified form, or if after the Court’s approval, such approval is materially modified or set aside on appeal, or if the Court does not enter the Final Order and Judgment, or if the Court enters the Final Order and Judgment and appellate review is sought and on such review such Final Order and Judgment is not affirmed (collectively “Triggering Events”), then Xxxxx and EUCPs shall each, in their respective sole discretion, have the option to rescind this Settlement Agreement in its entirety by providing written notice of their election to do so (“Termination Notice”) to each other within thirty calendar days of such Triggering Event. For purposes of this Section II(G)(10), a material modification includes but is not limited to any modification to the settlement payments or the scope of the Released Claims pursuant to Section I(B) and Section II(C). If rescinded or terminated, this Settlement Agreement shall become null and void, and, with the exception of any Settlement Funds used for notice purposes pursuant to Section II(E)(2), in the event the settlement is not preliminarily or finally approved by the Court, all other funds in the Escrow Account shall be returned to Tyson and the Parties’ position shall be returned to the status quo ante. In no way shall EUCPs have the right to rescind or terminate this Settlement Agreement if the Court fails or refuses to grant any requested attorneys’ fees, any costs, or any awards to EUCPs.
Termination and Reduction. Termination due to circumstances outside the control of the Parties
Termination and Reduction. 16.1 The Commonwealth using its best endeavours to give at least 60 days notice, may at any time by written notice, terminate this Deed, or reduce the scope of the OSHC. If this Deed is so terminated or reduced in scope, the Commonwealth shall be liable only for any reasonable costs incurred by the Insurer and directly attributable to the termination or reduction.
Termination and Reduction. The Company shall have the right, upon at least three Business Days’ notice to the Administrative Agent, to terminate in whole or reduce each Lender’s Pro Rata Share of the Unused Revolving Credit Commitments. Each partial reduction of the Revolving Credit Commitments shall be in the aggregate amount of at least $10,000,000 or a larger whole multiple of $1,000,000. If, after giving effect to any reduction of the Unused Revolving Credit Commitments, the aggregate Swing Line Commitments exceeds the aggregate amount of the Revolving Credit Commitments at such time, the aggregate Swing Line Commitments shall be automatically reduced ratably by the amount of such excess. The Company shall have the right, upon at least three Business Days’ notice to the Administrative Agent and each Swing Lender, to terminate in whole or permanently reduce in part the Swing Line Commitments of the Swing Line Lenders ratably; provided that each partial reduction shall be in the aggregate amount of $10,000,000.
Termination and Reduction. Program participants may terminate their participation in the Program (“Voluntary Termination”), or reduce the number of their respective whole kW Subscription Quantities, at any time after the Program Opening Date, and FPL may terminate any customer’s participation in the Program if such customer’s FPL Account becomes delinquent (“Involuntary Termination”), provided that, in the event of either Voluntary Termination or Involuntary Termination, (i) the customer’s monthly FPL Account xxxx for the month in which such termination occurs will include the full amount of the Monthly Subscription Charge and the full amount of the Monthly Subscription Credit, and (ii) the customer will be prohibited from re-enrolling in the Program for a period of 12 months after any such termination, subject to then-available Program capacity.
Termination and Reduction. In the event of acts of God, fire, storm, flood, earthquake, explosion, accident, acts of a public enemy or terrorism, war, rebellion, insurrection, sabotage, epidemic, quarantine restrictions, industrial dispute, transportation embargo or failure or delay in transportation that render the performance of the Services impracticable or impossible either Party may, upon providing a minimum of three (3) calendar months written notice to the other, terminate the SRA Agreement. In addition to clause 16.1, ACIAR may at any time by written notice, terminate the SRA Agreement, or reduce it in scope. If the SRA Agreement is terminated under clause 16.1 or 16.2, ACIAR shall be liable only for: payments under the payment provisions of the SRA Agreement for Services rendered before the effective date of termination; and subject to clauses 16.3, 16.4 and 16.5 any reasonable costs incurred by the Commissioned Agent and directly attributable to the termination or partial termination of the SRA Agreement. Upon receipt of a notice of termination the Commissioned Agent shall: stop work as specified in the notice; take all available steps to minimise loss resulting from that termination and protect the Material; and continue work on any part of the Services not affected by the notice. In the event of a reduction in scope, ACIAR's liability to provide funds under the SRA Agreement shall, in the absence of agreement to the contrary, xxxxx proportionately to the reduction in the Services. ACIAR shall not be liable to pay compensation in an amount that would, in addition to any amounts paid or due, or becoming due, to the Commissioned Agent under the SRA Agreement, together exceed the funds set out in the SRA Agreement. The Commissioned Agent shall not be entitled to compensation for loss of prospective profits. If the Commissioned Agent fails to fulfil or is in breach of any of its material obligations under the SRA Agreement and does not rectify the omission or breach after receiving fourteen (14) days’ notice in writing from ACIAR to do so, ACIAR may terminate the SRA Agreement by giving written notice to the Commissioned Agent of the termination which is effective immediately.
