Early Termination of the Contract Sample Clauses
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Early Termination of the Contract. 1. During the lease term, if either party proposes to terminate the Contract, such party shall notify the other party in writing two months in advance.
2. If Party A must terminate the Contract due to demolition and relocation by government or force majeure or the occurrence of the events as stipulated in Article XII of this Contract, Party A shall notify Party B in writing two months in advance.
Early Termination of the Contract. 20.1 The Registry is entitled to early termination of this Contract in the following circumstances:
20.1.1 by sending 1 (one) month prior notice to the Registrar if the Registry has Suspended the Contract pursuant to clause 18.1.4 of the Contract and the Registrar has not eliminated the breach within 1 (one) month as of the Suspension of the Contract;
20.1.2 immediately in case of grave breach by the Registrar. For the purposes of this clause grave breach shall mean breach of clause 15.2 of this Contract;
20.1.2.1 pursuant to section 7 of Annex 3 of the Contract;
20.1.2.2 pursuant to Articles 7.3.3; 7.3.4 and .7.3.5 of the Domain Regulation;
20.1.2.3 this Contract can also be terminated by mutual agreement of the Parties and in accordance with Georgian legislation.
Early Termination of the Contract. The Contracting parties are, in addition to legal grounds, entitled to withdraw from this Contract in accordance with the provisions of Section 2001 of the Civil Code even in the case of:
a. delay of the Contractor with the execution of the Work more than ..
Early Termination of the Contract. 5.1 Failure by either Party to comply with any of the clauses of the Contract shall entitle the other Party to terminate the Contract automatically without the need for legal action, 30 (thirty) days after it has sent a demand to comply by registered letter with acknowledgement of receipt that has remained without effect; the injured Party may also petition the courts for compensation for loss or damage suffered.
5.2 If the Contract is terminated early for any reason whatsoever and regardless of the Party terminating it, the Parties expressly agree that termination shall only take effect on the date of payment by the Member of the Contributions for the Products placed on the market up to the termination date of the Contract.
Early Termination of the Contract. Under any of the following circumstances, all financing debts of Party B under the asset pool shall be deemed due in advance, and Party A has the right to terminate the Asset Pool Financing business with Party B immediately on the date on which it discovers such circumstance.
(1) Party B breaches any obligation hereunder or Party B expressly states or indicates by its conduct that it will not perform its obligations hereunder.
(2) Party B provides false information or conceals important facts about its business and financial condition, and obtains funds or credit lines from Party A or other banks by pledging notes receivable or accounts receivable that are not backed by genuine trade transactions, or other assets of right that are illegally acquired.
(3) Party B is, or may be, subject to administrative or criminal sanctions or is under investigation by the competent authority due to illegal business operations.
(4) Party B is liquidated, canceled, declared bankrupt, or dissolved.
(5) Party B refuses to accept supervision and inspection by Party A on the use of credit funds and related business and financial activities.
(6) Party B falls under any other circumstance which may subject Party A to credit risk.
Early Termination of the Contract. Without prejudice to what is stated in the FOURTH Clause regarding its duration, this contract may be terminated by mutual agreement of the parties with the effects they determine, provided such termination is formulated in writing. Likewise, it may be terminated at any time by the Licensor at its discretion without the need for judicial intervention and without prejudice to the Licensee’s liability for contractual breach, provided there are justified reasons as explained below: - The total or partial breach by NOMADAR of any of the essential conditions or obligations of this contract not corrected within ten (10) days from the written and reliable notification to do so. - Those established in the articles of this contract or those collected in the law and specifically in the Civil Code and the Commercial Code. The Parties will be entirely responsible for the damages of all kinds caused to the other Party as a result of the breach or defective fulfillment of any or all of the obligations and guarantees assumed in this Contract. In the event that either Party declares the Contract terminated early in accordance with this Clause, NOMADAR will cease to have the right to use the HPT Know How from the termination date. The Parties state that in the event of early termination of the Contract, NOMADAR will not have the right to recover any part of the paid remuneration. The Licensee will be responsible and will keep the Licensor fully indemnified against any claim made by any third party derived from the exploitation and use of the HPT Know How.
Early Termination of the Contract. The Client is able to terminate the Agreement at any time; the Architect can only terminate the Agreement with good reason. Notice of termination must be given in writing. In case of termination, § 6 of the contract shall apply accordingly. If Architect or Client terminate the contract with good reason, this must be done in compliance with the following: If the good reason consists in the breach of an obligation under the contract, termination shall only be permissible after the unsuccessful expiry of a period of time set for remedy or after an unsuccessful warning. The warning is dispensable if the debtor seriously and finally refuses performance or if the debtor does not effect performance by a date or within a period of time specified in the contract, although the timely performance is essential for the creditor according to a notification of the creditor to the debtor prior to conclusion of the contract or due to other circumstances accompanying the conclusion of the contract. The determination of a time limit for remedy and a warning notice are also unnecessary if there are special circumstances which, after weighing the interests of both parties, justify immediate termination. The person entitled may only give notice of termination within a reasonable period after becoming aware of the reason for termination. The Architect shall then only be entitled to payment for services rendered up to that point in time, insofar as they are ready for acceptance. The right to claim damages is not excluded by the termination. If the Client terminates the contract without good reason, the Architect is entitled to the contractually agreed fee despite termination; however, he must permit the offsetting of costs he will save as a result of the Agreement being terminated, or any amounts earned through alternative use of his working capacity, or that he intentionally fails to earn. The parties remain able to prove higher or lower cost savings, or any other amounts earned, or any amounts that are intentionally not earned.
Early Termination of the Contract. Domaine du Mont ▇▇▇▇▇▇▇ reserves the full right to terminate, unilaterally and without notice or compensation, any contract whose purpose proves to be incompatible with the use of the premises, would offend public decency, or could disturb public peace and order. Domaine du Mont ▇▇▇▇▇▇▇ reserves the full right to terminate the contract, unilaterally and without further notice or compensation after a formal notice has gone unheeded, should the Customer fail to pay all or part of the advance payments stipulated in Article 7 above, without prejudice to Domaine du Mont Verrier’s right to seek the recovery, by all legal means, of the sums already due or falling due, as well as compensation for damages. Domaine du Mont ▇▇▇▇▇▇▇ is exempt from all liability in the case of partial or total non- performance of the contract due to an unpredictable event, the action of a third party, or a force majeure event such as total or partial strikes, lockouts, floods, fires, health-related issues, terrorist attacks or other disasters.
Early Termination of the Contract. (cancellation and with- drawal)
16.1 If the contractual partner is entitled to withdraw from the contract, it shall declare within a reasonable period of time after Astrofein's request whether it withdraws from the con- tract or insists on the delivery or service.
16.2 Insofar as the contract is not a long-term contract with the character of a contract for work and services, the right of termination of the contractual partner as customer pursu- ant to Section 648 of the German Civil Code (BGB) shall be excluded.
16.3 The possibility of termination for cause shall not be af- fected by the above provisions.
Early Termination of the Contract. In the event of full or partial non-performance, or inadequate performance or violation of any of its Contractual obligations by either of the Parties, the Contract may be legally terminated after a formal notice by registered letter with an acknowledgement of receipt is sent to the recipient Party and that Party has not responded satisfactorily within (30) days following receipt of the formal notice. The termination will take effect at the end of the thirty (30) days. Furthermore, TIGNES DEVELOPPEMENT may legally terminate this Contract with immediate effect without prejudice to any damages that TIGNES DEVELOPPEMENT may claim from the OWNER in compensation in the event of a serious breach by the OWNER, in particular in the event of dangerous behaviour towards customers, behaviour that is unlawful and/or contrary to public policy and public morality,infringement of a third party’s property rights, non-possession of required qualifications, lack of insurance, breach of applicable regulations in particular with regards to safety. No compensation may be claimed from the Party that terminates the Contract in accordance with this Article.