Termination by Authority for convenience Sample Clauses

Termination by Authority for convenience. 15.9 The Authority shall have the right to terminate this Framework Agreement, or to terminate the provision of any part of the Framework Agreement at any time by giving three Months' written notice to the Supplier and all other Framework Providers.
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Termination by Authority for convenience. 14.9 The Authority shall have the right to terminate this Agreement, or to terminate the provision of any part of the Agreement at any time by giving three Months' written notice to the Supplier and all other DPS Providers.
Sample 1Sample 2Sample 3See All (6)
Termination by Authority for convenience. Authority may, at its option, terminate this Contract, in whole or from time to time in part, at any time by giving notice to Design Builder. Upon such termination, Design Builder agrees to waive any claims for damages, including loss of anticipated profits, on account thereof; and, as the sole right and remedy of Design Builder, Authority shall pay Design Builder in accordance with Article 14.3.3 below.
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Termination by Authority for convenience. The Authority also reserves the right to terminate this Agreement at any time for the convenience of the Authority if the Authority shall determine in good faith that it is infeasible or contrary to the interests of the Authority to proceed with the Development. In the event of a termination for convenience under this Section 10.4 the Authority shall be liable to the Developer for reasonable and proper costs resulting from such termination which costs shall be paid to Developer within 30 days of receipt by the Authority of a properly presented claim setting out in detail: (i) the total cost of all third-party costs incurred to date of termination; (ii) the cost (including reasonable profit) of settling and paying claims under subcontracts and material orders for work performed and materials and supplies delivered to the site, or for settling other liabilities of Developer incurred in performance of its obligations hereunder; (iii) the cost of preserving and protecting the work already performed until the Authority or its assignee takes possession thereof or assumes responsibility therefor; (iv) the actual or estimated cost of legal and accounting services reasonably necessary to prepare and present the termination claim to the Authority; and (v) fair compensation to Developer for all tasks performed to date, including reasonable profit, but with a setoff for sums previously paid by the Authority as a Developer predevelopment cost, as an advance of overhead or otherwise paid or reimbursed. In the event that the Authority proceeds with Closing of one or more Phases within two (2) years after a termination for convenience (whether with or without a new third- party developer) fair compensation to Developer shall further be deemed to include an equitable portion of the Developer Fee that Developer would have earned for such Phase(s) as equitably adjusted to account for the proportion of Developer Services performed through the date of termination (with a setoff for sums previously paid by the Authority as a Developer predevelopment cost, as an advance of overhead or otherwise paid or reimbursed), and a further payment shall be made to Developer as applicable to reflect such compensation, only to the extent the Developer’s work product is utilized to accomplish the Closing.
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Termination by Authority for convenience. This Agreement may be terminated by the Authority at any time without cause and upon written notice to Company by the Authority, effective thirty (30) days from the date of such notice, which shall be considered the effective date of termination.
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Related to Termination by Authority for convenience

  • Termination by Agreement both parties may agree to terminate this Agreement;

  • Termination by the Owner for Convenience § 14.4.1 The Owner may, at any time, terminate the Contract for the Owner’s convenience and without cause.

  • Termination by Regulators All obligations under this Agreement shall be terminated, except to the extent determined that continuation of this Agreement is necessary for the continued operation of the Bank: (1) by the Director of the Office of Thrift Supervision (the "Director") or his or her designee, at the time the Federal Deposit Insurance Corporation enters into an agreement to provide assistance to or on behalf of the Bank under the authority contained in Section 13(c) of the FDIA; or (2) by the Director or his or her designee, at the time the Director or his or her designee approves a supervisory merger to resolve problems related to operation of the Bank or when the Bank is determined by the Director to be in an unsafe or unsound condition. Any rights of the parties that have already vested, however, shall not be affected by any such action.

  • Termination by Us We may terminate this Contract with 30 days’ written notice as follows:

  • Termination by Mutual Consent This Agreement may be terminated at any time prior to the Closing Date by the mutual written consent of the Company and the Purchasers.

  • Termination by Parent This Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time by Parent if:

  • Termination for Convenience TIPS may, by written notice to Vendor, terminate this Agreement for convenience, in whole or in part, at any time by giving thirty (30) days’ written notice to Vendor of such termination, and specifying the effective date thereof.

  • Termination by CAISO Subject to Section 5.2, the CAISO may terminate this Agreement by giving written notice of termination in the event that the Participating Generator commits any material default under this Agreement and/or the CAISO Tariff which, if capable of being remedied, is not remedied within thirty (30) days after the CAISO has given, to the Participating Generator, written notice of the default, unless excused by reason of Uncontrollable Forces in accordance with Article X of this Agreement. With respect to any notice of termination given pursuant to this Section, the CAISO must file a timely notice of termination with FERC, if this Agreement was filed with FERC, or must otherwise comply with the requirements of FERC Order No. 2001 and related FERC orders. The filing of the notice of termination by the CAISO with FERC will be considered timely if: (1) the filing of the notice of termination is made after the preconditions for termination have been met, and the CAISO files the notice of termination within sixty (60) days after issuance of the notice of default; or (2) the CAISO files the notice of termination in accordance with the requirements of FERC Order No. 2001. This Agreement shall terminate upon acceptance by FERC of such a notice of termination, if filed with FERC, or thirty (30) days after the date of the CAISO’s notice of default, if terminated in accordance with the requirements of FERC Order No. 2001 and related FERC orders.

  • TERMINATION FOR CONVENIENCE BY CITY 4.04.1 The Director may terminate this Agreement at any time by giving 30 days’ written notice to Contractor, with a copy of the notice to the CPO. The City’s right to terminate this Agreement for convenience is cumulative of all rights and remedies, which exist now or in the future.

  • Termination by ICANN (a) ICANN may, upon notice to Registry Operator, terminate this Agreement if: (i) Registry Operator fails to cure (A) any fundamental and material breach of Registry Operator’s representations and warranties set forth in Article 1 or covenants set forth in Article 2, or (B) any breach of Registry Operator’s payment obligations set forth in Article 6 of this Agreement, each within thirty (30) calendar days after ICANN gives Registry Operator notice of such breach, which notice will include with specificity the details of the alleged breach, (ii) an arbitrator or court of competent jurisdiction has finally determined that Registry Operator is in fundamental and material breach of such covenant(s) or in breach of its payment obligations, and (iii) Registry Operator fails to comply with such determination and cure such breach within ten (10) calendar days or such other time period as may be determined by the arbitrator or court of competent jurisdiction.

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