Examples of Termination Right in a sentence
Termination Right of the SecurityholdersIn the case that in the definition of "Securities" contained in the section "Product Terms" of the relevant Final Terms the product feature "Securityholder’s Extraordinary Termination Right" is specified to be not applicable, Securityholders do not have a termination right and the Securities may, hence, not be terminated by the Securityholders during their term.
If Tenant (i) exercises its Right of First Refusal pursuant to Section 39(a), or (ii) does not deliver to Landlord the Termination Notice and the Early Termination Payment within the time period provided in this paragraph, Tenant shall be deemed to have waived its Termination Right and the provisions of this Section 42 shall have no further force or effect.
In the event that the Purchaser exercises the Termination Right, the Vendor shall, within thirty days from the date of receipt of the termination notice, refund the Consideration (without interest) actually paid by the Purchaserto the Vendor and the Acquisition Agreement shall be terminated on the date on which the Consideration (without interest) actually paid by the Purchaser to the Vendor is refunded in full.
Associated Termination Right: The Contractor acknowledges and agrees that any breach of this Clause 8.4 (Vendor Declaration and Associated Termination Right) will be deemed a material breach of contract entitling the Buyer to terminate the Contract at any time and with immediate effect, without any obligation to pay any outstanding fees or make any other payment.
The Executive acknowledges and agrees that the payment and rights provided underSection 3 are fair and reasonable, and are the Executive’s sole and exclusive remedy, in lieu of all other remedies at law or in equity, for termination of the Executive’s employment by the Company upon exercise of its Termination Right pursuant to this Agreement or upon a Termination for Good Reason.