Termination Suspension Sample Clauses
The 'Termination; Suspension' clause defines the conditions under which either party may end or temporarily halt the agreement. Typically, this clause outlines specific events or breaches that justify termination or suspension, such as non-payment, insolvency, or failure to perform contractual obligations. Its core function is to provide a clear mechanism for parties to exit or pause the contract if certain issues arise, thereby managing risk and ensuring both parties have recourse in case of significant problems.
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Termination Suspension. We may terminate or reduce Overdraft Tolerance at any time without prior notice. In no event will any termination relieve you of your obligation to repay any negative account balance, overdraft fees, collection costs and attorneys’ fees, if any. We can delay enforcing any of our rights without losing them.
Termination Suspension. (a) Either Party may terminate this Compact in its entirety by giving the other Party thirty (30) days’ written notice.
(b) MCC may, immediately, upon written notice to the Government, suspend or terminate this Compact or MCC Funding, in whole or in part, and any obligation related thereto, if MCC determines that any circumstance identified by MCC as a basis for suspension or termination (whether in writing to the Government or by posting on the MCC Website) has occurred, which circumstances include but are not limited to the following:
(i) the Government fails to comply with its obligations under this Compact, the Program Implementation Agreement or any other agreement or arrangement entered into by the Government in connection with this Compact or the Program;
(ii) an event or series of events has occurred that MCC determines makes it probable that any of the Project Objectives will not be achieved during the Compact Term or that the Government will not be able to perform its obligations under this Compact;
(iii) a use of MCC Funding or continued implementation of the Program violates or would violate applicable law or United States Government policy, whether now or hereafter in effect;
(iv) the Government or any other person or entity receiving MCC Funding or using assets acquired in whole or in part with MCC Funding is engaged in activities that are contrary to the national security interests of the United States;
(v) an act has been committed or an omission or an event has occurred that would render Burkina Faso ineligible to receive United States economic assistance under Part I of the Foreign Assistance Act of 1961, as amended (22 U.S.C. 2151 et seq.), by reason of the application of any provision of the Foreign Assistance Act of 1961 or any other provision of law;
(vi) the Government has engaged in a pattern of actions inconsistent with the criteria used to determine the eligibility of Burkina Faso for assistance under the MCA Act; and
(vii) the Government or another person or entity receiving MCC Funding or using assets acquired in whole or in part with MCC Funding is found to have been convicted of a narcotics offense or to have been engaged in drug trafficking.
(c) All Disbursements will cease upon expiration, suspension, or termination of this Compact; provided, however, MCC Funding may be used, in compliance with this Compact and the Program Implementation Agreement, to pay for (i) reasonable expenditures for goods, works or services that are ...
Termination Suspension. 22.1 This Project Agreement can be terminated at any time by one of the Contracting Parties upon a three-month prior written notice. The Contracting Parties shall decide by mutual agreement on any consequences of the termination.
22.2 If either Contracting Party considers that the aims of this Project Agreement can no longer be achieved or that the other contracting party is not meeting its obligations, it shall have the right to suspend immediately the application of this Project Agreement by giving the other Contracting Party a written notice on the grounds.
Termination Suspension. We may terminate or suspend the Service at any time without prior notice. In no event will any termination relieve you of your other obligations under this Agreement, including your obligations to repay any negative account balance, overdraft fees, collection costs, and attorneys’ fees, if any.
Termination Suspension. Your right to use the Online Backup Feature will terminate on expiration of the Service Period. Symantec may immediately suspend or terminate use of the Online Backup Feature during the Service Period for Your failure to or Symantec’s reasonable belief that You have failed to comply with these terms and conditions (other than a trivial or inconsequential breach) or any other misuse of the Online Backup Feature. Following the expiration or termination of the Service Period: Symantec may permanently delete any Data stored to the online backup space provided with Your Software and Services ; Symantec will not be obligated to maintain such Data, forward such Data to You or a third party, or migrate such Data to another backup service or account; and You will not be able to store the Data to any additional backup space that You may have purchased separately unless and until the Service Period is renewed.
Termination Suspension. We may terminate or suspend Courtesy Pay at any time without prior notice. In no event will any termination relieve you of your obligation to repay any negative account balance, overdraft fees, collection costs and attorneys’ fees, if any. We can delay enforcing any of our rights without losing them.
Termination Suspension. 7.1 Termination shall be in accordance with Section 6 of the Continuing Services Agreement.
7.2 Suspension in accordance with Section 43 of the Continuing Services Agreement.
Termination Suspension. If Designer/Builder fails to perform Designer/Builder’s material duties as required by this Contract, or if Designer/Builder fails to fulfill in a timely and professional manner Designer/Builder’s material obligations under this Contract, or if Designer/Builder shall violate any of the material terms or provisions of this Contract, and any such failure is not excused by the terms of this Contract, the District shall have the right to terminate this Contract, in whole or in part, unless either: Such failures and violations are caused by the District; or Such failures and violations are cured by Designer/Builder to the District’s reasonable satisfaction within fourteen (14) days after Designer/Builder’s receipt of written notice thereof from the District; provided, that if a cure cannot be effected within such fourteen (14) days and Designer/Builder has commenced a cure within such period of time and continues diligent pursuit of such cure, the Designer/Builder shall have a reasonable period to complete such cure to the District’s reasonable satisfaction. In the event of a termination pursuant to this subdivision, Designer/Builder may invoice District for all Work performed until the notice of termination, but District shall have the right to withhold payment and deduct any amounts equal to the District’s costs because of Designer/Builder’s actions, errors, or omissions that caused the District to terminate the Contract. District shall have the right in its sole discretion to terminate the Contract, in whole or in part, for its own convenience. In the event of a termination for convenience, Designer/Builder may invoice District and District shall pay for all undisputed invoice(s) for recoverable costs for Work performed up to the effective date of termination, custom fabricated materials, reasonable demobilization costs, and rental costs for equipment that Designer/Builder cannot mitigate with diligent efforts. In the event that District terminates this Contract as provided in this subsection and there are no known potential claims related to Designer/Builder’s Work, District shall, within fourteen (14) days after the date of termination, release the Performance and Payment Bonds, although the Surety on Performance and Payment Bonds shall remain liable as indicated herein for all Designer/Builder’s Work performed until the date of termination. Except as indicated in this Article, termination shall have no effect upon any of the rights and obligations of the ...
Termination Suspension. A. This Agreement may be terminated as to future commitments for sale of Loans by either party at any time, but such termination shall not in any respect change or modify the obligation of Seller with respect to Loans already subject to a commitment. The effective time of termination shall be the earlier of the time written notice is actually received by the other party or 5 days after written notice is posted in the United States Postal Service by the canceling party. Termination of this Agreement shall not in any way affect either Seller’s or Plaza’s obligations, representations, warranties or indemnifications with respect to Loans already purchased by Plaza; provided, however, that Plaza may immediately terminate its obligations hereunder without notice and immediately return to Seller any Loans subject to a commitment and Seller shall accept such Loans if Plaza reasonably determines that there has been any deception, fraud, concealment or material misrepresentation by Seller in performing any of its duties, obligations, responsibilities or actions undertaken in connection with this Agreement or in connection with any Loan sold to Plaza pursuant to this Agreement. All representations, warranties, indemnity obligations, solicitation covenants, and other remedies available to Plaza under this Agreement, at law or in equity, will survive termination of this Agreement.
B. In addition to the termination rights set forth in Paragraph A above, in the event that Plaza believes in good faith that Seller has breached an obligation (including a Repurchase Obligation under Section 7.0), representation, warranty or covenant under this Agreement, or will be unable to fulfill any of its obligations under this Agreement or the Guide (including a Repurchase Obligation under Section 7.0), Plaza may, in its sole and absolute discretion, suspend this Agreement as to future commitments for the sale of Loans by Seller. Such suspension shall be effective immediately upon Seller’s receiving written notice or e-mail notification of same from Plaza and shall last until Plaza, in its sole and absolute discretion, determines to reactivate or terminate this Agreement.
Termination Suspension. (a) Either Party may terminate this Compact without cause in whole by giving the other Party thirty (30) days written notice. MCC may also terminate this Compact without cause in part by giving the Government thirty (30) days written notice.
(b) MCC may, immediately, upon written notice to the Government, suspend or terminate this Compact or MCC Funding, in whole or in part, and any obligation related thereto, if MCC determines that any circumstance identified by MCC in writing to the Government as a basis for suspension or termination has occurred, which circumstances include, but are not limited, to the following:
(i) the Government fails to comply with its obligations under this Compact, the PIA, or any other agreement or arrangement entered into by the Government in connection with this Compact or the Program;
(ii) an event or series of events has occurred that MCC determines makes it probable that the Program Objective or any of the Project Objectives will not be achieved during the Compact Term or that the Government will not be able to perform its obligations under this Compact;
(iii) a use of MCC Funding or continued implementation of this Compact or the Program violates applicable law or United States Government policy, whether now or hereafter in effect;
(iv) the Government or any other person or entity receiving MCC Funding or using assets acquired in whole or in part with MCC Funding is engaged in activities that are contrary to the national security interests of the United States;
(v) an act has been committed or an omission or an event has occurred that would render the Philippines ineligible to receive United States economic assistance under Part I of the Foreign Assistance Act of 1961, as amended (22 U.S.C. 2151 et seq.), by reason of the application of any provision of the Foreign Assistance Act of 1961 or any other provision of law;
(vi) the Philippines is classified as a Tier 3 country in the United States Department of State’s annual Trafficking in Persons Report;
(vii) the Government has engaged in a pattern of actions inconsistent with the criteria used to determine the eligibility of the Philippines for assistance under the MCA Act; or
(viii) the Government or another person or entity receiving MCC Funding or using assets acquired in whole or in part with MCC Funding is found to have been convicted of a narcotics offense or to have been engaged in drug trafficking.
(c) All Disbursements will cease upon expiration, suspension, or term...