Termination of Operating Agreement. Upon a dissolution of the Company or if either Provider is no longer a Member of the Company, this Agreement will terminate. This Agreement may be terminated by the Company in accordance with Section 6.2.2(b) of the Operating Agreement.
Termination of Operating Agreement. 1.1. The Operating Agreement is terminated effective December 31, 2003 or such earlier date as MAI may direct by notice in writing given to NADI, provided that section 5.9 (Confidentiality) of the Operating Agreement will survive such termination and continue to be binding.
Termination of Operating Agreement. Each Member, effective at the Effective Time, hereby waives any and all rights, privileges and obligations under the Operating Agreement, and thereupon the Operating Agreement shall be terminated and of no further force or effect.
Termination of Operating Agreement. CUSA shall have executed and delivered to Refinery Buyer the Termination of Operating Agreement in the form of Exhibit P attached to this Agreement.
Termination of Operating Agreement. The Partners, by execution hereunder, terminate the Operating Agreement ab initio, including, without limitation, all conditions, provisions and terms contained therein, and the same shall hereafter be null and void and of no further force and effect.
Termination of Operating Agreement. That certain Operating Agreement and First Amendment to Operating Agreement, dated January 1, 1992, entered into by and between Tannehill Oil and the Partnexx xxxxx be cancelled, in writing, by the parties thereto at the Closing.
Termination of Operating Agreement. Effective as of May 1, 1994 (the "Effective Date") the Operating Agreement shall be terminated and the parties shall have no further rights or obligations thereunder.
Termination of Operating Agreement. Each party hereto acknowledges and agrees that pursuant to Section 6.1(b)(ii) of the Operating Agreement, the Operating Agreement shall terminate on the Closing Date and OldCo shall have no further rights thereunder on and after the Closing Date.
Termination of Operating Agreement. Immediately prior to and effective as of the Closing, Charter Inc., Crescent Operating and Magellan shall have terminated the Operating Agreement, and Charter Inc. and Magellan shall have relinquished all of their respective rights under the Operating Agreement as of the Closing Date.
Termination of Operating Agreement. MLP shall be automatically terminated as the Partnership's property manager and leasing agent upon any sale of the Property or upon any sale of MLP's interest in the Partnership, including but not limited to a sale to ERS. After MLP has been terminated, MLP will provide written confirmation to ERS and a third-party buyer that MLP has been terminated.
