Right of Termination definition

Right of Termination. As defined in Article VIII, Section 8.2.A. Run-of-River Flows: As defined in Article II, Section 2.11.A.(1). SAWS: The San Antonio Water System SAWS Component Project: Any Component Project included in the SAWS Projects.
Sample 1

Examples of Right of Termination in a sentence

  • Subject to prior termination of this XXX as provided in Section 6 of this XXX, "Right of Termination," the initial term of this XXX is in full force and effect for a period of one year, beginning September 8, 2020 and ending September 7, 2021.

  • Licensee Right of Termination: Licensee may terminate the Agreement at any time by destroying all copies of The Software.

  • Image Engineering Right of Termination: Image Engineering may terminate this Agreement if Licensee violates any of the terms and conditions of this Agreement and fails to correct such violation within ten (10) days after express written notice thereof from Image Engineering.

  • Right of Termination: If Vendor violates any material term of this Agreement, the Committee shall have the right to terminate this Agreement, immediately close Vendor’s booth(s), and retain one-half (V2) of all prior payments by Vendor.

  • DEFAULT 122 23.1 Authority Default 122 23.2 Initial Notice and Cure Periods 123 23.3 Right of Termination 123 ARTICLE 24.

  • The Repurchase Price shall be paid without interest within the term of the Repurchase Option as described in Section 8.2. 8.5 Right of Termination Unaffected.

  • Naulais (TEC-ST) E-mail: Bruno.Naulais@esa.int ESTEC Tel.: + 31 71 56 54 711 P.O. Box 299, Fax.: + 31 71 56 56 635 2200 AG Noordwijk, NL Article 16 – Termination and Cancellation 16.1 Right of Termination 16.1.1 Each Party will have the right at any time during the Contract Term, without prejudice to its other rights or remedies, to terminate this Contract immediately, and without cause, by one (1) month’s written notice to the other Party.

  • Right of Termination Any purchase order resulting from this agreement can be canceled without cause by the vendor or the Florida State University upon giving thirty (30) days written notice to the other party.

  • Termination of the Framework Agreement, either by the User or the Bank, is performed in accordance with the General Terms, Chapter XX Conditions for Amendments and Supplements to the Framework Agreement and Right of Termination.

  • Right of Termination: This Agreement may be terminated by either party by giving the other party not less than ninety (90) days written notice that it will terminate the Agreement on the date specified; provided, however, that termination of the Agreement shall not be effective unless the terminating party has followed the discussion period provisions set forth above.

Related to Right of Termination

  • Event of Termination has the meaning specified in Section 7.01.

  • Notice of Termination for Good Reason shall have the meaning set forth in Section 1(t).

  • Without Cause Termination or “Terminated Without Cause” means termination of the Executive’s employment by the Company other than due to death, disability, or Termination for Cause.

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

  • Good Reason Termination means a termination of employment or service initiated by the Participant upon or after a Change of Control upon one or more of the following events:

  • Termination or “Terminated” means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor or advisor to the Company or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by the Committee; provided, that such leave is for a period of not more than 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company or a Parent or Subsidiary of the Company as it may deem appropriate, except that in no event may an Award be exercised after the expiration of the term set forth in the applicable Award Agreement. The Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the “Termination Date”).

  • Notice of Termination means a written notice which shall indicate the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Executive's employment under the provision so indicated.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

  • Termination for Cause or "Cause" shall mean personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses), or final cease and desist order, or any material breach of this Agreement, in such case as measured against standards generally prevailing at the relevant time in the savings and community banking industry. For purposes of this Section, no act, or the failure to act, on the Executive's part shall be "willful" unless done, or omitted to be done, in bad faith and without reasonable belief that the action or omission was in the best interest of the Bank or its affiliates. Any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or based upon the written advice of counsel for the Bank shall be conclusively presumed to be done, or omitted to be done, by the Executive in good faith and in the best interests of the Bank. Notwithstanding the foregoing, the Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to him a Notice of Termination which shall include a copy of a resolution duly adopted by the affirmative vote of not less than three-fourths of the members of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to the Executive and an opportunity for him, together with counsel, to be heard before the Board), finding that in the good faith opinion of the Board, the Executive was guilty of conduct justifying Termination for Cause and specifying the particulars thereof in detail. The Executive shall not have the right to receive compensation or other benefits for any period after Termination for Cause.

  • Effective Date of Termination means the date on which a Qualifying Termination occurs which triggers the payment of Severance Benefits hereunder.

  • Servicer Event of Termination One or more of the events described in Section 7.01.

  • Termination With Cause means the termination of the Executive’s employment by act of the Board for any of the following reasons:

  • Termination for Good Reason means a Termination of Employment by Executive for a Good Reason.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Termination Without Cause means termination by the Company other than due to the Executive’s death or disability or Termination With Cause.

  • Incipient Event of Termination means an event that but for notice or lapse of time or both would constitute an Event of Termination.

  • Normal Termination means termination of employment or service with the Company and Affiliates:

  • Termination for Just Cause means termination because of Executive’s personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provision of this Agreement.

  • Involuntary Termination Without Cause means Executive’s dismissal or discharge other than for Cause. The termination of Executive’s employment as a result of Executive’s death or disability will not be deemed to be an Involuntary Termination Without Cause.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Potential Termination Event means an event which but for the lapse of time or the giving of notice, or both, would constitute a Termination Event.

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

  • Voluntary Termination for Good Reason means that the Executive voluntarily terminates his employment after any of the following are undertaken without Executive’s express written consent:

  • Constructive Termination Without Cause means the termination of the Executive’s employment at his initiative after, without the Executive’s prior written consent, one or more of the following events: