Agreed Termination definition
Examples of Agreed Termination in a sentence
This Agreed Termination and Surrender is contingent on the following special conditions, which must be performed by the date of termination.
In the case of a Complaint received during the claims period following a Voluntary Relinquishment of Accreditation or an Agreed Termination of Accreditation, the Complaint shall be treated in the same manner as a Complaint described in Section 2 of this Article.
The following provisions shall apply on termination of this Agreement: A Mutually Agreed Termination.
The Agreed Termination Damages do not include damages for leasing commissions, damage to the Premises, personal property removal and disposition costs, and other amounts not included within the cap for lease rejection damages under Section 502(b)(6) of the Bankruptcy Code and nothing herein shall be deemed a waiver of Landlord’s rights to recover such amounts from Tenant.
Definition 4: Retention Treatment with Mutually Agreed Termination or Involuntary Termination, not for Cause, prior to Required End Date: In the event your employment is terminated by you in mutual agreement with Tyson Foods or involuntarily, not for Cause, prior to the Required End Date, you will be issued Restricted Stock Awards, with graded vesting over two years, in an amount equal to the Modified Reference Point Compensation.
The Security Deposit, including, without limitation, the Letter of Credit Security Deposit, secures the performance of all of the obligations of Tenant under the Lease, including, without limitation, the Additional Payment, the Agreed Termination Damages, the Reduced Damages Amount (as defined above), costs incurred in connection with Tenant’s failure to comply with Paragraph 3 above, and any amounts or property transfers that are the subject of a Disgorgement Demand.
Tenant hereby acknowledges and agrees that Tenant shall not be entitled to any rebate or return of any portion of the Agreed Termination Damages for any reason.
Within ten (10) days following the Agreed Termination Date SOI will pay to Clarion a termination fee, equal to $33,333 multiplied by the number of months (pro-rated for partial months) between the Agreed Termination Date and the Scheduled Termination Date.
The Tax Abatement Agreement authorized by City Council Resolution No. 02- 616 is terminated by mutual agreement of the parties, effective as of the date upon which both the CITY and OWNER sign this Agreed Termination of Tax Abatement Agreement, and after passage of a City Council resolution authorizing the termination.
Landlord and Tenant agree that Agreed Termination Damages are a reasonable estimate of the damages to be suffered by Landlord for loss of rent due to the premature termination of the Lease, and that the Agreed Termination Damages do not constitute a penalty.