Termination due to delay Sample Clauses

Termination due to delay. 15.2.1 Notwithstanding anything to the contrary contained in this Agreement, in the event that COD does not occur, for any reason whatsoever, within a period of 180 (one hundred and eighty) days from the Scheduled Completion Date, unless the delay is on account of reasons solely attributable to the Authority or due to Force Majeure, the Concessioning Authority may terminate the Concession Agreement.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Termination due to delay. This Agreement may be terminated by either the Company or Parent if the Closing is not consummated by the Termination Date (provided that the right to terminate this Agreement under this Section 7.2 will not be available to any party whose failure to fulfill any obligation under this Agreement has been the cause of or resulted in the failure of the Closing to occur on or before such date).
Sample 1Sample 2
Termination due to delay. 13.2.1 Notwithstanding anything to the contrary contained in this Agreement, but subject to Clause 26.6.1, in the event that COD does not occur, for any reason whatsoever, within the period set forth in Clause 13.1, all rights, privileges, claims and entitlements of the Concessionaire under or arising out of this Agreement shall be deemed to have been waived by, and to have ceased with the concurrence of the Concessionaire, and the Concession Agreement shall be deemed to have been terminated by mutual agreement of the Parties.
Sample 1Sample 2
Termination due to delay. Buyer is entitled to terminate a Delivery Contract or Purchase Order (at Buyer’s discretion), in whole or in part, with immediate effect for any Supplier’s Delay exceeding thirty (30) calendar days. Supplier is entitled to compensation if, and only to the extent, the result of the Deliverables has a corresponding value to Buyer. Termination for convenience Notwithstanding any agreed agreement period or notice period, Buyer is always entitled to terminate specific Delivery Contract(s), in whole or in part, with twenty (20) business days’ prior notice. Buyer shall then accordingly pay for any work performed up to the date the termination is effective to the extent the Deliverables have a corresponding value to Buyer. Termination due to Supplier’s failure to remedy non-conformities in the Deliverables Buyer is entitled to terminate a Delivery Contract, in whole or in part, where Supplier, following an Acceptance Test or following Buyer´s own control of non-compliance in the Deliverables during the Control Period, has failed to cure such non-compliance regarding certain Deliverables. Buyer shall then pay for any work performed up to the date the termination becomes effective to the extent the Deliverables have a corresponding value to Buyer. Termination due to change of control Xxxxx is entitled to terminate this Master Agreement with immediate effect if the majority voting power or decision making power of Supplier is transferred to a third party outside the current Supplier group. Termination due to insolvency Either Party is entitled to terminate this Master Agreement with immediate effect, if the other Party is declared bankrupt, has filed a voluntary petition for bankruptcy, or has a voluntary petition of bankruptcy filed against it, or has otherwise become insolvent.
Sample 1
Termination due to delay. 15.2.1 Notwithstanding anything to the contrary contained in this Agreement, in the event that Construction Compliance Certificate is not issued, for any reason whatsoever, within a period of 180 (one hundred and eighty) days for items as per Clause 3.2 of Schedule 3 of this agreement and 24 (twenty four) months for items as per Clause 3.3 of Schedule 3 of this agreement, as the case may be, from the Scheduled Completion Date, unless the delay is on account of reasons solely attributable to the Authority or due to Force Majeure, the Authority may terminate the Concession Agreement.
Sample 1
Termination due to delay. If delay in delivery caused by FCS or circumstances relating to FCS, continues for more than three (3) months, Customer may give FCS written notice of immediate termination of the Statement of Work. In such case Customer shall be entitled to a refund of any payments made for undelivered Professional Services as its sole and exclusive remedy. Customer shall not be entitled to any additional damages or other compensation as a result of Customer’s termination of the Statement of Work due to such extended delay.
Sample 1

Related to Termination due to delay

  • Termination Due to Death In the event that the Executive’s employment is terminated due to his death, his estate or his beneficiaries, as the case may be, shall be entitled to the following benefits:

  • Termination Due to Death or Disability Executive’s employment shall terminate automatically upon Executive’s death. The Company may terminate Executive’s employment immediately upon the occurrence of a Disability, such termination to be effective upon Executive’s receipt of written notice of such termination. Upon Executive’s death or in the event that Executive’s employment is terminated due to Executive’s Disability, Executive or Executive’s estate or Executive’s beneficiaries, as the case may be, shall be entitled to:

  • Termination Due to Disability If the Optionee’s employment terminates by reason of the Optionee’s disability (as determined by the Administrator), any portion of this Stock Option outstanding on such date shall become fully exercisable and may thereafter be exercised by the Optionee for a period of 12 months from the date of termination or until the Expiration Date, if earlier.

  • 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 Death, Disability or Retirement In the event the Optionee’s employment with the Company and all Subsidiaries is terminated by reason of death, Disability or Retirement, this Option will remain exercisable, to the extent exercisable as of the date of such termination, for a period of one year after such termination (but in no event after the Time of Termination).

  • Termination Due to Retirement Subject to Section 7 below, in the event of Termination due to Retirement, then (regardless of any subsequent death of the Employee) the Option will continue to vest pursuant to Section 3, and the last date on which the Option may be exercised is the day prior to the Expiration Date.

  • 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.

  • Termination Due To Lack Of Funding Appropriation If, in the judgment of the Director of Accounts and Reports, Department of Administration, sufficient funds are not appropriated to continue the function performed in this agreement and for the payment of the charges hereunder, State may terminate this agreement at the end of its current fiscal year. State agrees to give written notice of termination to contractor at least 30 days prior to the end of its current fiscal year, and shall give such notice for a greater period prior to the end of such fiscal year as may be provided in this contract, except that such notice shall not be required prior to 90 days before the end of such fiscal year. Contractor shall have the right, at the end of such fiscal year, to take possession of any equipment provided State under the contract. State will pay to the contractor all regular contractual payments incurred through the end of such fiscal year, plus contractual charges incidental to the return of any such equipment. Upon termination of the agreement by State, title to any such equipment shall revert to contractor at the end of the State's current fiscal year. The termination of the contract pursuant to this paragraph shall not cause any penalty to be charged to the agency or the contractor.

  • Termination of Employment Due to Death The Officer’s employment with the Bank shall terminate, automatically and without any further action on the part of any party to this Agreement, on the date of the Officer’s death. In such event, the Bank shall pay and deliver to his estate and surviving dependents and beneficiaries, as applicable, the Standard Termination Entitlements.

  • Termination of Employment Due to Death or Disability If the Executive’s employment is terminated at any time due to his or her death or Disability, this Agreement shall terminate without further obligation by the Company to the Executive, other than the obligation to pay the Accrued Obligations to the Executive or his or her legal representatives.

Time is Money Join Law Insider Premium to draft better contracts faster.