Termination Events definition
Termination Events means each of the events specified in Clause 10.3 of this Contract.
Termination Events has the meaning set forth in Section 10 hereto.
Termination Events. The following events shall each be considered a “Termination Event” and, upon the occurrence of any of them, shall have the effect of immediately terminating the Company’s obligations under this Agreement, including its obligation to make any further payments hereunder but excluding the payment of base salary which is accrued at the date of termination:
(i) Executive’s death;
(ii) Executive’s Disability for such period of time and under circumstances which would constitute a Permanent Disability (as defined in Section 16);
(iii) The termination of Executive’s employment by the Company for Cause (as defined in Section 16); or
(iv) The termination of Executive’s employment by Executive for any reason other than Good Reason (as defined in Section 16).
Examples of Termination Events in a sentence
There are no additional Reference Pool Servicer Termination Events for the 2025-B Reference Pool.
The Reference Pool Servicer Termination Events applicable to the 2025-B Reference Pool are as stated in Section 7.3(a) of the Servicing Agreement.
More Definitions of Termination Events
Termination Events has the meaning set forth in Section 6 hereof.
Termination Events is defined in Section 10.
Termination Events has the meaning assigned to such term in Section 16(c).
Termination Events means each of the events specified in Clause 13.4.
Termination Events. The Share Exchange agreement entered into on the basis of this LOI will have provisions for termination, and the rescission of any actions undertaken in order to fulfill the obligations of this LOI or a subsequent agreement, upon the occurrence of any one of the following events: · By mutual consent and such consent will not be unreasonably withheld; or · By either party if either party is not satisfied with the results of due diligence undertaken in good faith.
Termination Events. Any of the RP’s actions are not in compliance with UNDP’s Social and Environmental Standards. The RP is in material breach of any of the provisions, obligations and responsibilities under this Agreement, that would either (i) reasonably be expected to materially adversely affect the RP’s ability to achieve the Result(s) and complete the Deliverable(s); or (ii) be a material violation of any local laws applicable to the RP, or the financial regulations and rules applicable to the RP under this Agreement. The IA finds, through its application of the Validation Methodology, that the RP has failed to achieve any of the ‘minimum progress thresholds’ as described in Annex H that may jeopardize the overall success and achievement of the Result(s). Upon the occurrence of any force majeure event which is outside the reasonable control of either Party and is not attributable to any act or failure to take preventive action by that Party, including force majeure or any other disaster natural or man-made, acts of terrorism or similar cause beyond the reasonable control of the Party affected thereby, and political developments which prevent the Parties' access to data or any event which prevents a Party from performing its obligations under this Agreement for a period in excess of three (3) months from the due date of meeting their respective obligation(s). Termination of the IAA by UNDP or the IA, and the Parties are unable to agree on the options for the continuation of this Agreement, including the contracting of another IA.
Termination Events. For this purposes, "retirement" means Employee's retirement determined under the Retirement Plan for Employees of Southern States and "disability" means the inability to work due to illness or injury as determined under the Southern States Long Term Disability Plan.