Mutual Termination definition

Mutual Termination. By written agreement signed by Company and TRW, the parties may terminate this Agreement at any time.
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Mutual Termination has the meaning set forth in Section 9.1(a)(ii).
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Mutual Termination means a termination or cessation of employment, which meets all of the following requirements, namely:
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Examples of Mutual Termination in a sentence

  • Notwithstanding anything in this Agreement to the contrary, this Agreement shall not become effective unless and until the Mutual Termination Agreement set forth in Exhibit B is executed.

  • Pursuant to the Mutual Termination Agreement set forth in Exhibit B attached hereto, the Original Agreement shall be terminated as of the Effective Date.

  • Parent, Merger Sub and Company have caused this Mutual Termination Agreement and Release to be duly executed as of the date first above written by their respective officers duly authorized.

  • The Authority shall continue to exist, and this Agreement shall be effective, until the Agreement is terminated in accordance with Section 8.3 (Mutual Termination) of this Agreement, subject to the rights of the Parties to withdraw from the Authority.

  • Mutual Termination of Rental Agreement This is an agreement to end a landlord-tenant relationship.

  • On the Closing Date, Landlord and Tenant shall execute in recordable form a Mutual Termination of Lease relating to the Lease in substantially the form of Exhibit A attached hereto, and shall cause the same to be recorded as soon as practicable in the office of the county recorder in the appropriate county where the Facility is located (the "County").

  • Parent and the Company have caused this Mutual Termination Agreement and Amendment to Agreement and Plan of Reorganization to be duly executed as of the date first above written by their respective officers duly authorized.

  • This Agreement and the Mutual Termination Agreement and Release between the parties hereto of even date herewith constitute the entire agreement between the parties hereto respecting the subject matter hereof and supersedes all prior agreements, negotiations, understandings, representations and statements respecting the subject matter hereof, whether written or oral.

  • The Parties acknowledge, understand, and agree that this Agreement shall be terminable at the City/Assignee’s option should Project BEE/Assignor fail to comply with any of the terms and conditions of the Mutual Termination Agreement.

  • For the avoidance of doubt, any breach of the provisions of this Agreement by a service provider to a Party shall constitute a breach by such Party as if it had performed the outsourced services itself, and be subject to all provisions of this Agreement applicable to such breach, including the notice and cure provisions set forth in Sections 13.1 (EFS Event of Default), 13.2 (Bank Event of Default) and 14.2(a) (Mutual Termination Rights).


More Definitions of Mutual Termination

Mutual Termination. Termination For Unsatisfaction of Conditions................ 37 10.2 Termination Due to Financing or Due Diligence................................... 37 10.3
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Related to Mutual Termination

  • Normal Termination means termination of employment or service with the Company and Affiliates: (i) by the Optionee; (ii) upon retirement; (iii) on account of death or Disability; or (iv) by the Company, a Subsidiary or Affiliate without Cause.

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Optional Termination The termination of the trust created hereunder in connection with the purchase of the Mortgage Loans pursuant to Section 9.01(a) hereof.

  • Extended Termination Date has the meaning specified in Section 2.16(c).