Unilateral right of termination Sample Clauses

Unilateral right of termination. The Train Operator may at any time serve a notice on Network Rail to terminate this contract (a "unilateral termination notice"). In such circumstances, the Train Operator shall send a copy of the unilateral termination notice to XXX.
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Unilateral right of termination. CRL may at any time serve a notice on RRL to terminate this contract (a “unilateral termination notice”). In such circumstances, CRL shall send a copy of the unilateral termination notice to XXX.
Sample 1

Related to Unilateral right of termination

  • Term; Termination; Rights on Termination The term of this Agreement shall begin on the date hereof and continue for three (3) years, and, unless terminated sooner as herein provided, shall continue thereafter on a year-to-year basis on the same terms and conditions contained herein in effect as of the time of renewal (such initial three year period and any extensions thereof being referred to herein as the "Term"). This Agreement and Employee's employment may be terminated in any one of the following ways:

  • Termination for Cause If Vendor fails to materially perform pursuant to the terms of this Agreement, TIPS shall provide written notice to Vendor specifying the default. If Vendor does not cure such default within thirty (30) days, TIPS may terminate this Agreement, in whole or in part, for cause. If TIPS terminates this Agreement for cause, and it is later determined that the termination for cause was wrongful, the termination shall automatically be converted to and treated as a termination for convenience.

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