TERMINATION AND EXIT MANAGEMENT Sample Clauses

TERMINATION AND EXIT MANAGEMENT. CUSTOMER TERMINATION RIGHTS Termination in Relation to Guarantee Where the Supplier has procured a Call Off Guarantee pursuant to Clause 4 (Call Off Guarantee), the Customer may terminate this Call Off Contract by issuing a Termination Notice to the Supplier where: the Call Off Guarantor withdraws the Call Off Guarantee for any reason whatsoever; the Call Off Guarantor is in breach or anticipatory breach of the Call Off Guarantee; an Insolvency Event occurs in respect of the Call Off Guarantor; the Call Off Guarantee becomes invalid or unenforceable for any reason whatsoever and in each case the Call Off Guarantee (as applicable) is not replaced by an alternative guarantee agreement acceptable to the Customer.
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TERMINATION AND EXIT MANAGEMENT. CUSTOMER TERMINATION RIGHTS
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TERMINATION AND EXIT MANAGEMENT. 32. AUTHORITY TERMINATION RIGHTS
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TERMINATION AND EXIT MANAGEMENT. CUSTOMER TERMINATION RIGHTS Termination in Relation to Guarantee NOT USED Termination on Material Default The Customer may terminate this Call Off Contract for material Default by issuing a Termination Notice to the Supplier where: the Supplier commits a Critical Service Level Failure; the representation and warranty given by the Supplier pursuant to Clause 3.2.5 (Representations and Warranties) is materially untrue or misleading, and the Supplier fails to provide details of proposed mitigating factors which in the reasonable opinion of the Customer are acceptable; as a result of any Defaults, the Customer incurs Losses in any Contract Year which exceed 80% of the value of the Supplier’s aggregate annual liability limit for that Contract Year as set out in Clauses 37.(a) and 37.(b) (Liability); the Customer expressly reserves the right to terminate this Call Off Contract for material Default, including pursuant to any of the following Clauses: 6.2.3 (Implementation Plan), 8.3.2 (Services), 15.1 (Critical Service Level Failure), 17.4 (Disruption), 22.5 (Records, Audit Access and Open Book Data), 25. (Promoting Tax Compliance), 35.3.9 (Confidentiality), 51.6.2 (Prevention of Fraud and Bribery), Paragraph 1.2.4 of the Annex to Part A and Paragraph 1.2.4 of the Annex to Part B of Call Off Schedule 11 (Staff Transfer); the Supplier commits any material Default of this Call Off Contract which is not, in the reasonable opinion of the Customer, capable of remedy; and/or the Supplier commits a Default, including a material Default, which in the opinion of the Customer is remediable but has not remedied such Default to the satisfaction of the Customer in accordance with the Rectification Plan Process. For the purpose of Clause 42.2.1, a material Default may be a single material Default or a number of Defaults or repeated Defaults (whether of the same or different obligations and regardless of whether such Defaults are remedied) which taken together constitute a material Default.
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TERMINATION AND EXIT MANAGEMENT. CUSTOMER TERMINATION RIGHTS Grounds for termination The Customer may terminate this Call Off Contract by issuing a Termination Notice to the Supplier for: convenience at any time in accordance with clause 41.3; or breach of any of the conditions referred to in clause 41.5; or repeated breaches of contractual obligations by the Supplier, whether of the same or different obligations and regardless of whether such breaches are remedied; or a material Default, whether or not the material Default is remediable; or the Supplier commits a Default, which in the opinion of the Customer is either not remediable or is remediable but the Supplier has not remedied such Default to the satisfaction of the Authority within twenty (20) Working Days, or such other period as may be specified by the Customer to the Supplier specifying the remediable Default and requesting it to be remedied in accordance with any instructions of the Customer; or any of the statutory provisions contained in Regulation 73(1)(a) – (c); or
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TERMINATION AND EXIT MANAGEMENT. 79.Termination for Cause by the Director The Director may terminate this Agreement by serving a Termination Notice on the Provider if one or more of the circumstances set out in Clause 79.1 exist. Where the Director is terminating this Agreement for a material Default of this Agreement or one of the specific provisions in Clause 79.1 it may rely on a single material Default or on a number of Defaults or repeated Defaults that taken together constitute a material Default. Subject to Clause , where a material Default is capable of remedy the Parties shall follow the Remedial Plan Process. If the Remedial Plan Process fails, then termination shall occur on the last day of the period specified by the Director in the Director's Termination Notice served in accordance with the Remedial Plan Process. The Parties shall not follow the Remedial Plan Process where the Provider has already failed to resolve the relevant Default in accordance with a Correction Plan pursuant to Clauses 12 (Correction Plan) or 29 (Notification and Remedial Measures).
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TERMINATION AND EXIT MANAGEMENT. Without prejudice to any other rights and remedies of the Company Entities under this Agreement or otherwise at law, Company may, without penalty, terminate in whole or in part this Agreement and/or any or all Call Offs forthwith by written notice to Supplier and any Company Entity may, without penalty, terminate in whole or in part its Call Offs forthwith by written notice to Supplier if: Supplier breaches any of the terms of this Agreement or any Call Off and (if such breach is remediable) fails to correct such breach within a period of seven (7) days (or such longer period as a Company Entity may approve in writing); Supplier shall become insolvent, be declared bankrupt or go into liquidation, or shall pass a resolution for winding up (other than for the purposes of amalgamation, merger or reconstruction) or if a Court shall make an order to that effect, or shall have a receiving order made against it; an application is made to court, or an order is made, for the appointment of an administrator or if a notice of intention to appoint an administrator is given or if an administrator is appointed over Supplier; or a person becomes entitled to appoint a receiver or an administrative receiver over the assets of Supplier or a receiver or administrative receiver is appointed over the assets of Supplier. Company may terminate, in whole or in part, this Agreement and/or any or all Call Offs for any reason whatsoever on written notice. Each Company Entity may terminate, in whole or in part, its Call Offs for any reason whatsoever on written notice. In the event that a Company Entity serves notice of termination pursuant to this Section 15.2, the Company Entities shall not compensate Supplier for loss of (prospective) profit or production and Supplier shall be entitled to remuneration only in respect of the Services performed or Goods delivered in accordance with this Agreement up to the date of termination and the Company Entities will not be liable for, and shall not compensate Supplier for any loss and/or damages. If a Company Entity serves notice of termination, Supplier shall carry out such Company Entity’s instructions regarding termination. Supplier shall (i) assist the Company Entities to transition the Services or if practicable delivery of Goods with as little disruption to the Company Entities as is possible in the circumstances from Supplier to a replacement service provider or to a Company Entity; (ii) promptly deliver to the Company Entity all Compan...
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TERMINATION AND EXIT MANAGEMENT. Termination on Supplier’s Insolvency Without prejudice to any other rights or remedies of the Authority under this Framework Agreement, the Authority shall have the right forthwith to terminate this Framework Agreement and/or any Contract by written notice to the Supplier (or its trustee in bankruptcy or receiver or (if a company) liquidator or administrator) if the Supplier shall have a receiver appointed over all or a substantial part of its assets or (if an individual) be declared bankrupt or (if a company) shall go into liquidation or have an administrator appointed to manage its affairs. Termination for Convenience
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TERMINATION AND EXIT MANAGEMENT 
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Related to TERMINATION AND EXIT MANAGEMENT

  • TERMINATION AND CONSEQUENCES OF TERMINATION 14.1 On termination of any Service Schedule for whatever reason the Client will cease to have the Services provided thereunder.

  • TERMINATION AND RENEWAL 22.01 The Collective Agreement shall continue in effect until March 31, 2016, and shall remain in effect from year to year thereafter unless either party gives the other party written notice of termination or desire to amend the Agreement in accordance with Article 22.02 below.

  • Term, Termination and Renewal The initial term of this Agreement shall be defined in the Scope of Service or Payment Schedule above. If the services provided are for an annual rate and extend for multiple years, PROFESSIONAL will prorate the first year of the agreement to match the fiscal year for the CLIENT, followed by consecutive, 12-month periods. This Agreement shall automatically renew for successive terms which consist of a twelve (12) month period, subject to earlier termination as set forth in this Agreement or upon written notification by either party thirty (30) days prior to the end of a term. If, for any reason, this Agreement is terminated prior to the end of a term, any waived or discounted fees or specified promotional items provided by PROFESSIONAL shall be invoiced by PROFESSIONAL and paid by CLIENT.

  • Termination and Post-Termination Continuation of Services If either Party provides Notice of Termination pursuant to Section 6.3 and, by 11:59 p.m. Central Time on the stated date of termination, neither Party has requested negotiation of a new Interconnection agreement, then (a) this Agreement will terminate at 11:59 p.m. Central Time on the termination date identified in the Notice of Termination, and (b) the services and functions being provided by CenturyLink under this Agreement at the time of termination, including Interconnection arrangements and the exchange of Local Traffic, may be terminated by CenturyLink unless the Parties jointly agree to other continuing arrangements.

  • Right of Termination and Re-Entry In the event of any breach of the payment of rent or any other allowed charge, or other breach of this Lease, Landlord shall have full rights to terminate this Lease in accordance with state law and re-enter and re-claim possession of the leased premises, in addition to such other remedies available to Landlord arising from said breach.

  • CONSEQUENCES OF TERMINATION AND EXPIRY 28.1 Notwithstanding the service of a notice to terminate this Framework Agreement, the Supplier shall continue to fulfil its obligations under this Framework Agreement until the date of expiry or termination of this Framework Agreement or such other date as required under this Clause 28 (Consequences of Termination and Expiry).

  • Termination and Expiration 17.1 This Agreement shall become effective upon the Effective Date.

  • Termination and Amendment 53 8.1. TERMINATION.............................................................................53 8.2.

  • EFFECTIVE DATE, TERMINATION, AND RENEWAL 17.1 This Agreement shall become effective on the first day of May, AD., 2019, and shall continue in full force and effect until the thirtieth (30th) day of April, AD., 2022 and thereafter from year to year unless terminated upon written notice of either party within one hundred and twenty (120) days prior to any anniversary of the terminal date.

  • TERMINATION OF EFT SERVICES You may terminate this Agreement or any EFT service under this Agreement at any time by notifying us in writing and stopping your use of your card and any access code. You must return all cards to the Credit Union. You also agree to notify any participating merchants that authority to make xxxx payment transfers has been revoked. We may also terminate this Agreement at any time by notifying you orally or in writing. If we terminate this Agreement, we may notify any participating merchants making preauthorized debits or credits to any of your accounts that this Agreement has been terminated and that we will not accept any further preauthorized transaction instructions. We may also program our computer not to accept your card or access code for any EFT service. Whether you or the Credit Union terminates this Agreement, the termination shall not affect your obligations under this Agreement for any electronic transactions made prior to termination.

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