Withdrawal of a Contractor Sample Clauses

Withdrawal of a Contractor. Procedures of withdrawal Any Contractor may request to terminate its participation in the EC Contract and this Consortium Agreement, by giving three (3) months prior written notice of termination to the other Contractors, by registered mail with acknowledgement of receipt, indicating the reasons for termination. The Governing Board may object to such termination by unanimous vote minus the vote of the withdrawing Contractor, indicating the reasons for objection, within a period of forty-five (45) days from receipt of notification. If the Governing Board agrees, the Coordinator shall inform the Commission of its withdrawal by registered mail with acknowledgement of receipt in accordance with the provisions of the EC Contract. The Commission shall have six (6) weeks from receipt to issue an objection. If the Governing Board disagrees, the Coordinator shall submit to the Commission a request for assistance, in accordance with the provisions of the EC Contract.
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Withdrawal of a Contractor. 26 6.2.2. Exclusion of a Contractor 28 ARTICLE 7. CONSORTIUM RESOURCES 28 7.1. Financial means 28
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Withdrawal of a Contractor. Withdrawal Any Contractor may request to voluntarily terminate its participation in the Contract and in the Consortium Agreement, by giving three (3) calendar months written notice of withdrawal to the other Contractors, by means of recorded-delivery letter with advice of receipt, indicating the reasons for withdrawal. The General Assembly may not object to such withdrawal by unanimous vote; the withdrawing Contractor shall abstain from voting. The General Assembly shall indicate the reasons for objection, within a period of forty-five days from receipt of notification. and will authorize the Coordinator to submit on behalf of the Consortium the request to the Commission . Termination of the participation of the withdrawing Contractor shall take effect on the date of Commission’s approval of such withdrawal. If the General Assembly agrees with the withdrawal, the Coordinator shall inform the Commission by means of registered mail with acknowledgement of receipt in accordance with the relevant provisions of the Contract. Where the General Assembly disagrees, the Coordinator shall submit a request for assistance to the Commission, in accordance with the relevant article of the Contract.
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Withdrawal of a Contractor 
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Related to Withdrawal of a Contractor

  • Withdrawal of Services 50.1 Notwithstanding anything contained in this Agreement, except as otherwise required by Applicable Law, Verizon may terminate its offering and/or provision of any Service under this Agreement upon thirty (30) days prior written notice to PNG.

  • Withdrawal of Grievance A grievance may be withdrawn at any level without establishing a precedent.

  • Withdrawal of a Member For purposes of this Agreement, a “Withdrawn Member” is a member who is bankrupt, has resigned, or has retired (a “Withdrawal Event”). Upon a Withdrawal Event, the Withdrawn Member or any successor in interest to the Withdrawn Member shall become an Assignee of the Withdrawn Member’s Membership Interest in the Company.

  • Withdrawal of Bid Any bidder who makes a bid but withdraws same before the fall of the hammer, shall have their deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

  • WITHDRAWAL OF BIDS Bids may be withdrawn by bidders prior to the time set for official opening. After time has been called, no bid may be withdrawn for a period of thirty-five days after the time and date of opening except as provided in O.C.G.A Section 13-10-22 (appreciable error in calculation of bid). Negligence or error on the part of any bidder in preparing his bid confers no right of withdrawal or modification of his bid after time has been called except as provided by Georgia law.

  • Withdrawal of General Partner (a) The General Partner may not Withdraw (other than as a result of an Involuntary Withdrawal) without the Consent of the Special Limited Partner. Withdrawal shall be conditioned upon the agreement of the Special Limited Partner to be admitted as a successor General Partner, or if the Special Limited Partner declines to be admitted as a successor General Partner then on the agreement of one or more Persons who satisfy the requirements of Section 13.5 of this Agreement to be admitted as successor General Partner(s).

  • Withdrawal of Members A member may withdraw from this LLC by giving written notice to all other members at least days before the date the withdrawal is to be effective.

  • Withdrawal of Partners (a) Any Partner may Withdraw voluntarily from the Partnership subject to the prior written consent of the General Partner, including if such Withdrawal would (i) cause the Partnership to be in default under any of its contractual obligations or (ii) in the reasonable judgment of the General Partner, have a material adverse effect on the Partnership or its business. Without limiting the foregoing sentence, the General Partner generally intends to permit voluntary Withdrawals on the last day of any calendar month (or on such other date as shall be determined by the General Partner in its sole discretion), on not less than 15 days’ prior written notice by such Partner to the General Partner (or on such shorter notice period as may be mutually agreed upon between such Partner and the General Partner); provided, that a Partner may Withdraw from the Partnership with respect to such Partner’s GP-Related Partner Interest without Withdrawing from the Partnership with respect to such Partner’s Capital Commitment Partner Interest, and a Partner may Withdraw from the Partnership with respect to such Partner’s Capital Commitment Partner Interest without Withdrawing from the Partnership with respect to such Partner’s GP-Related Partner Interest.

  • Withdrawal of Deposits If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Date, the Trustee shall promptly give the Escrow Agent notice that the Trustee’s obligation to purchase Equipment Notes under the NPA has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the “Final Withdrawal Notice”).

  • Withdrawal from Agreement A. Any Fund may elect to withdraw from this Agreement effective at the end of any monthly period by giving at least 90 days’ prior written notice to each of the parties to this Agreement. Upon the written demand of all other Funds which are parties to this Agreement a Fund shall withdraw, and in the event of its failure to do so shall be deemed to have withdrawn, from this Agreement; such demand shall specify the date of withdrawal which shall be at the end of any monthly period at least 90 days from the time of service of such demand.

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