Upon termination of Contract Sample Clauses

Upon termination of Contract. Party A shall be entitled to retain any outstanding service fee hereunder payable to Party B (of an amount not exceeding RMB100,000) for the sole purpose of resolving any complaints and disputes relating to the cases handled by Party B hereunder, and Party B agrees that Party A may at its own discretion resolve such complaints and disputes in accordance with its internal handling procedures and compensation standards. Any balance of such outstanding service fee after twelve (12) calendar months from the date of termination of Contract will be paid by Party A (without interest) to Party B within fifteen (15) business days.
Sample 1
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Upon termination of Contract. Notwithstanding the foregoing, the Agreement provides certain circumstances in which Purchaser shall have the unilateral right to terminate the Agreement on or before ___________, 199__ (the "APPROVAL DATE"), by delivery of written notice to Seller and Escrowee (the "TERMINATION NOTICE"). Upon Escrowee's receipt of the Termination Notice (provided Escrowee receives such Termination Notice on or before ______________, Escrowee shall immediately and simultaneously (x) deliver a copy of the Termination Notice to Seller, in the manner provided in SECTION 5 below, and (y) disburse the full amount of the Xxxxxxx Money, together with any and all interest earned thereon, to Purchaser.
Sample 1
Upon termination of Contract. Notwithstanding the foregoing, the Agreement provides certain circumstances in which Purchaser shall have the unilateral right to terminate the Agreement, (i) pursuant to Section 6 thereof, on or before two (2) days after the last day of the Inspection Period (as defined in the Agreement) (the "Approval Date"), and (ii) pursuant to certain other specified instances expressly set forth in the Agreement, in each instance by delivery of written notice to Seller and Escrowee (the "Termination Notice"). Furthermore, under the terms of the Agreement, the Approval Date may be unilaterally extended by Purchaser under certain circumstances, pursuant to Section 6 hereof; however, Purchaser's election to so extend the Approval Date (the "Extended Approval Date") shall be evidenced by delivery, on or before the above-specified Approval Date, of written notice to Seller and Escrowee (the "Extension Notice"). Upon Escrowee's receipt of the Termination Notice (provided Escrowee receives such Termination Notice on or before the Approval Date or the Extended Approval Date, whichever is applicable, or if Purchaser specifies that the Termination Notice is being delivered pursuant to Section 7(e), 10(c) or 16(b) of the Agreement, whichever is applicable), Escrowee shall immediately and simultaneously (x) deliver a copy of the Termination Notice to Seller, in the manner provided in Paragraph 5 below, and (y) disburse the full amount of the Earnest Money to Purchasxx xxx shall disburse all interest earned thereon equally between the parties.
Sample 1

Related to Upon termination of Contract

  • Upon Termination Except as otherwise stated in Section 6, in the event Executive leaves the employ of the Company for any reason prior to the date the Annual Bonus is paid, Executive is not eligible to earn such Annual Bonus, prorated or otherwise.

  • Payment Upon Termination Termination of this Agreement shall not affect the right of the Adviser to receive payment on any unpaid balance of the compensation described in Section 2 earned prior to such termination.

  • Procedure Upon Termination In the event of termination by Buyer or Seller, as applicable, pursuant to Section 6.1 hereof, written notice thereof shall forthwith be given to the other party and the transactions contemplated by this Agreement shall be terminated without further action by Buyer or Seller. If the transactions contemplated by this Agreement are so terminated:

  • Benefits Upon Termination If the Executive’s employment by the Company is terminated during the Period of Employment for any reason by the Company or by the Executive, or upon or following the expiration of the Period of Employment (in any case, the date that the Executive’s employment by the Company terminates is referred to as the “Severance Date”), the Company shall have no further obligation to make or provide to the Executive, and the Executive shall have no further right to receive or obtain from the Company, any payments or benefits except as follows:

  • Payments Upon Termination (a) In the event the Employee’s employment is terminated pursuant to Section 4.1, Section 4.2, Section 4.4 or Section 4.6, the Company shall pay to the Employee the compensation and benefits otherwise payable to him or her under Sections 3.1 and 3.4 through the last day of his or her actual employment by the Company.

  • Procedure Upon Termination of Trust (a) Notice of any termination pursuant to the provisions of Section 10.1, specifying the Distribution Date upon which the final distribution shall be made, shall be given promptly by the Trustee by first class mail to the Paying Agent, the Rating Agencies, the Class R-I, Class R-II and REMIC III Certificateholders mailed no later than ten days prior to the date of such termination. Such notice shall specify (A) the Distribution Date upon which final distribution on the Class R-I, Class R-II and REMIC III Certificates will be made, and upon presentation and surrender of the Class R-I, Class R-II and REMIC III Certificates at the office or agency of the Certificate Registrar therein specified, and (B) that the Record Date otherwise applicable to such Distribution Date is not applicable, distribution being made only upon presentation and surrender of the Class R-I, Class R-II and REMIC III Certificates at the office or agency of the Certificate Registrar therein specified. The Trustee shall give such notice to the Depositor and the Certificate Registrar at the time such notice is given to Holders of the Class R-I, Class R-II and REMIC III Certificates. Upon any such termination, the duties of the Certificate Registrar with respect to the Class R-I, Class R-II and REMIC III Certificates shall terminate and the Trustee shall terminate, or request the Master Servicer and the Paying Agent to terminate, the Certificate Account and the Distribution Account and any other account or fund maintained with respect to the Certificates, subject to the Paying Agent's obligation hereunder to hold all amounts payable to the Class R-I, Class R-II and REMIC III Certificateholders in trust without interest pending such payment.

  • Actions Upon Termination Upon the termination of this Agreement, Issuer shall remove all references to any ODB Name, Branding and Content from the Issuer Site or Issuer Content and terminate all links on the Issuer Site to any ODB Site. ODB shall remove all references to Issuer Name, Branding and Content and terminate all links on the ODB Site to any Issuer Site. Each Party shall promptly return all Confidential Information, documents, manuals and other materials stored in any form or media (including but not limited to electronic copies) belonging to the other Party, except as may be otherwise provided in this Agreement or required by Law.

  • Events Upon Termination Upon the expiration or termination of this Agreement for any reason, both parties shall immediately remove all links to the other party's Content and website(s) and cease all use of the other party's Marks and any and all use of any kind whatsoever of the other party's Content.

  • Rights Upon Termination Except as expressly provided in Section 6, upon the termination of the Executive’s Employment pursuant to this Section 5, the Executive shall only be entitled to the compensation, benefits and reimbursements described in Sections 2, 3 and 4 for the period preceding the effective date of the termination. The payments under this Agreement shall fully discharge all responsibilities of the Company to the Executive.

  • Certain Benefits Upon Termination Executive’s employment shall be terminated upon the earlier of (i) the voluntary resignation of Executive with or without Good Reason; (ii) Executive’s death or permanent disability; or (iii) upon the termination of Executive’s employment by LTC for any reason at any time. In the event of such termination, the below provisions of this Section 6 shall apply, and in the event of a Change in Control, whether or not Executive’s employment is terminated thereby, Section 6(b) shall apply.

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