Termination; Delay Sample Clauses

Termination; Delay. (i) The Option and all the Investor Member’s rights under this Section 13.1 will terminate upon the first to occur of the closing of a Qualified IPO, a Sale of the Company or Qualified Spinoff.
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Termination; Delay. IF ANY REPAIRS ARE NOT COMPLETED OR COMPLEATABLE WITHIN 180 DAYS OF DESTRUCTION OR PARTIAL DAMAGE, LESSEE HAS OPTION TO TERMINATE THIS LEASE.
Termination; Delay. No more than ***** during the term of this SOW, Customer may delay the commencement or continuation of any services provided by CSG under this SOW by giving written notice to CSG. Provided that Customer provides no less than *** (**) ***** prior written notice of such delay (email is sufficient), then upon the commencement or restart of such services with no less than *** (**) ***** prior written notice (email is sufficient), CSG will perform such services as set forth in this SOW, without modification, except that CSG may require Customer to enter into a Change Order which will provide a modified Completion Date and pursuant to which Customer will pay mutually agreed upon incremental fees as a result of such delay or continuation, in addition to the fees CSG would have received had there been no such delay and/or continuation (the “Incremental Fees”). Upon a Customer delay in excess of ****** (**) ****, CSG may invoice Customer for Technical Services rendered to the date of delay based upon Technical Service hours expended. Should Customer delay this SOW in excess of twice during the term of this SOW and the parties do not enter into a Change Order as provided herein, CSG may terminate this SOW without penalty and Customer shall be invoiced fees for the hours expended at the then current Technical Services hourly rate. In the event Customer delays commencement or continuation of any services provided by CSG under this SOW for a period of ****** (**) **** or more and provides notice within the timeframes described above, CSG and Customer shall act reasonably and in good faith to mutually agree upon a plan to continue the performance of work within the subsequent month, and if a plan cannot mutually be agreed upon, CSG may terminate this SOW, in which case neither CSG nor Customer (except Customer payment for CSG work performed) shall have any further liability or obligation under this SOW other than CSG invoicing and Customer paying the fees for the hours expended at the then current Technical Services hourly rate.
Termination; Delay. If, for any reason other than the Service Provider’s failure or refusal to comply with its obligations under this Agreement that is not otherwise excused by Force Majeure or LIPA Fault, termination of this Agreement upon a Change in Regulatory Law is delayed beyond the Termination Date under Section 8.5(B)(1) hereof (as extended pursuant to Section 8.5(B)(2) hereof, if applicable) the Service Provider shall be entitled to a delay fee equal to the product of (a) the Management Services Fee amount otherwise payable in accordance with Section 5.1(B) hereof and (b) 1.55. The delay fee payable under this Section 8.5(B)(4) will be in addition to the amounts otherwise payable by LIPA under Sections 8.5(C)(1) and 8.5(C)(3) hereof.

Related to Termination; Delay

  • Termination due to Force Majeure 13.5.1 If the Force Majeure Event or its effects continue to be present beyond the period as specified in Article 4.5.3, either Party shall have the right to cause termination of the Agreement. In such an event, this Agreement shall terminate on the date of such Termination Notice.

  • Termination Due to Force Majeure Event If the period of Force Majeure continues or is in the reasonable judgment of the Parties likely to continue beyond a period of 120 (one hundred and twenty) Days, the Parties may mutually decide to terminate this Agreement or continue this Agreement on mutually agreed revised terms. If the Parties are unable to reach an agreement in this regard, the Affected Party shall after the expiry of the said period of 120 (one hundred and twenty ) Days be entitled to terminate the Agreement in which event, the provisions of Articles 16 and 17 shall, to the extent expressly made applicable, apply.

  • T ermination In the event that either party seeks to terminate this DPA, they may do so by mutual written consent and as long as any service agreement or terms of service, to the extent one exists, has lapsed or has been terminated. The LEA may terminate this DPA and any service agreement or contract with the Provider if the Provider breaches any terms of this DPA.

  • Termination; Default If Contractor is in default of any of its obligations under this Contract and has not commenced cure within ten days after receipt of a written notice of default from County and cured such default within the time specified in the notice, the County shall immediately be entitled to either commence resolution in accordance with this paragraph or to terminate this Contract by giving written notice to take effect immediately. Default shall include failure to carry out any of the requirements of this Contract, including, but not limited to not providing enough properly skilled workers or proper materials, persistently disregarding laws and or ordinances, not proceeding with the work as agreed to herein, or otherwise substantially violating any provision of this Contract. Upon termination of the Contract with Contractor, the County may begin negotiations with a third-party Contractor to provide goods and/or services as specified in this Contract. The right of either party to terminate this Contract hereunder shall not be affected in any way by its waiver of or failure to take action with respect to any previous default.

  • Termination Period This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall be exercisable for twelve (12) months after Participant ceases to be a Service Provider. Notwithstanding the foregoing sentence, in no event may this Option be exercised after the Term/Expiration Date as provided above and this Option may be subject to earlier termination as provided in Section 13 of the Plan.

  • Default Termination a. In the event that the Property has been sold contrary to or any person bids in contravention of the provisions in Clause 4 above, then such sale shall be cancelled and become null and void and of no further effect wherein all monies paid by the Purchaser hitherto including the Deposit shall be forfeited absolutely and immediately.

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Termination for Failure to Pay If Company fails to make any payment due hereunder, Hospital shall have the right to terminate this Agreement upon ten (10) business days written notice, unless Company makes such payments plus any interest due, as set forth in Section 4.7, within said ten (10) day notice period. If payments are not made, Hospital may immediately terminate this Agreement at the end of said ten (10) day period. Company shall be entitled to only one such cure period in a calendar year; for a second failure to make payment on time, Hospital shall have the right to terminate this Agreement immediately upon written notice.

  • Early Contract Termination The State may terminate this contract in whole or in part by giving fifteen (15) days written notice to the Purchaser when it is in the best interests of the State. If this contract is so terminated, the State shall be liable only for the return of that portion of the initial deposit that is not required for payment, and the return of unapplied payments. The State shall not be liable for damages, whether direct or consequential.

  • Termination for fault 19.3.1 The Commonwealth may terminate this Agreement by notice where the Grantee has:

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