VOLUNTARY TERMINATION OF AGREEMENT Sample Clauses
The Voluntary Termination of Agreement clause allows one or both parties to end the contract before its scheduled completion by providing notice, without the need for a breach or default. Typically, this clause outlines the required notice period and any conditions or procedures that must be followed, such as written notification or payment of outstanding obligations. Its core function is to provide flexibility, enabling parties to exit the agreement amicably if circumstances change, thereby reducing the risk of disputes and ensuring a clear process for ending the contractual relationship.
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VOLUNTARY TERMINATION OF AGREEMENT. This Agreement shall terminate automatically and without further action in the event the Executive shall resign or otherwise voluntarily terminate his/her employment with the Bank and/or Corporation.
VOLUNTARY TERMINATION OF AGREEMENT. This Agreement may be terminated by the Executive at any time upon ninety (90) days' written notice to either the Bank or the Corporation or upon such shorter period as may be agreed upon between the Executive and the Board of Directors.
VOLUNTARY TERMINATION OF AGREEMENT. This Agreement may be terminated by the Employee at any time upon ninety (90) days' written notice to either the Bank or the Corporation or upon such shorter period as may be agreed upon between the Employee and the Board of Directors.
VOLUNTARY TERMINATION OF AGREEMENT. Chiron shall be entitled to terminate this Agreement at any time after the conclusion of the Collaboration Term. Such termination shall be effective [ ]* after Chiron provides Phytera notice of its intent to terminate. Chiron shall pay costs incurred by Phytera pursuant to this Agreement prior to Phytera's receipt of Chiron's termination notice. Chiron shall also pay costs associated with noncancellable commitments undertaken by Phytera prior to Chiron's receipt of Chiron's termination notice, provided such costs are reasonable and Phytera undertakes best efforts to mitigate such costs.
VOLUNTARY TERMINATION OF AGREEMENT. This Agreement may be terminated at any time for any reason or no reason: (i) by written action executed by all of the Participants with or without the recommendation of the Management Committee, or (ii) upon the recommendation of the Management Committee by a Level B Vote to terminate this Agreement followed by a written action executed by (A) greater than fifty percent (50%) of the Participant Percentages, and (B) not less than three (3) Participants. The foregoing shall remain in effect if there are at least four (4) Participants. If there are three (3) Participants, the vote to terminate this Agreement shall require (1) greater than fifty percent (50%) of the Participant Percentages, and (2) not less than two (2) Participants. If there are two (2) Participants, then the vote to terminate this Agreement shall require greater than fifty percent (50%) of the total Participant Percentages entitled to vote.
VOLUNTARY TERMINATION OF AGREEMENT. Either party may, upon 90 days’ written notice to the other party, terminate this Agreement. Upon the expiration of 90 days’ written notice period, the retainer of the Consultant hereunder will terminate and neither party hereto will have any obligations to the other hereunder except as follows:
(a) the Company will pay to the Consultant all amounts owing to the Consultant hereunder as of the termination date; and
(b) Section 2.2 hereof will survive the termination of this Agreement.
VOLUNTARY TERMINATION OF AGREEMENT. 10.01 Without prejudice to any of the rights and remedies as may be available to the Band upon default as provided for under the provisions of Section 11 hereof, the parties acknowledge and agree that this Agreement may be voluntarily terminated by the parities in the following manner in the specified circumstances:
(a) by the Tenant upon the provision of a minimum of thirty (30) calendar days written notice to the Band. The Band may waive notice in whole or in part; or
(b) at any time by mutual agreement between the parties.
10.02 Upon the effective date of termination as provided for in subsection 10.01, the Tenant shall peaceably surrender and yield up possession of the Premises to the Band.
10.03 No remuneration will be given for rent previously paid by the occupant.
VOLUNTARY TERMINATION OF AGREEMENT. If an OPO wishes to terminate its agreement, the OPO must send CMS written notice of its intention to ter- minate its agreement and the proposed effective date. CMS may approve the proposed date, set a different date no later than 6 months after the proposed effective date, or set a date less than 6 months after the proposed effective