Termination due to Event of Default. (a) Termination due to Parties Event of Default
Termination due to Event of Default. 29.1. Termination for Operator’s Event of Default
Termination due to Event of Default. 8.1.1 Either Party shall have a right to terminate this Agreement by giving to the other party, 30 (thirty) days written notice of termination (“Termination Notice”). Such termination shall be effective after the expiry of the date (30 days) of such notice (“Termination Date”).
Termination due to Event of Default. (a) Termination for lessee Event of Default
Termination due to Event of Default. In case of Termination due to Event of Default by either Party, the defaulting Party shall be served with a Termination Notice of 30 days by the other Party for rectification of the default. If the defaulting Party fails to rectify the default, within the 30 days, the Agreement shall stand terminated on the 31st day without any further notice, subject to otherwise provided herein above in case of default in payment of Lease Rental amount
Termination due to Event of Default. 21.6.1 Should an Event of Default not be cured within the timeframe permitted pursuant to Clause 21.5, the non-defaulting Party may terminate this Agreement by serving a Termination Notice on the defaulting Party specifying a date, which shall be between 30 and 45 days after the notice thereof to the defaulting Party, upon which this Agreement shall terminate.
Termination due to Event of Default. In addition to the termination provisions set forth above, if either party to this Agreement shall fail to fulfill in a timely and proper manner, or otherwise violate, any of the covenants, agreements or stipulations material to this Agreement, the other party shall thereupon have the right to terminate this Agreement by giving written notice to the defaulting party of its intent to terminate specifying the grounds for termination. The defaulting party shall have five (5) days after receipt of the notice to cure default. If it is not cured, then this Agreement shall terminate. In the event of default by the Artist, all finished and unfinished drawings, sketches, photographs and other work products prepared or submitted or prepared for submission by the Artist under this Agreement shall at the TOWN’s option become its property, and the right, but not the obligation, to fabricate or execute the Mural shall pass to the TOWN. The Artist shall not be relieved of liability to the TOWN for damages sustained by the TOWN by virtue of any breach of this Agreement by the Artist,. In the event that the Agreement is terminated due to uncured default by the Artist, LKN Kiwanis shall restore the Site to its original form at its sole expense not later than 30 days from the end of period to cure.
Termination due to Event of Default. 14.2.1. In the event that BSCDCL believes that the Concessionaire is in material breach of its obligations under the RFP or the Contract, BSCDCL shall give notice to the Concessionaire and shall give up to 30 days’ time to it for curing such breach. In case the breach continues till / after the expiry of such cure period, BSCDCL will have the option to terminate the Agreement. Further, BSCDCL may afford a reasonable opportunity to the Concessionaire to explain the circumstances leading to such a breach and may increase the time limit for curing such breach before terminating the Agreement. Any notice served pursuant to this Clause shall give reasonable details of the breach.
Termination due to Event of Default. TERMINATION FOR CONCESSIONAIRE EVENT OF DEFAULT
Termination due to Event of Default. If Customer terminates this Agreement as the result of an Event of Default of Administrator, there shall be no Hiring Fee for any Authorized Hires who are hired by Customer, its Affiliates, or designees of Customer or designees of its Affiliates. If Administrator terminates this Agreement as the result of an Event of Default of Customer, the Hiring Fee for each Authorized Hire who is hired by Customer, Customer Affiliates, and designees of Customer and its Affiliates shall be twenty-five percent (25%) of such employee’s actual direct salary during the twelve (12) month period ending on the last day of such employee’s employment with Administrator.
