Termination by Operator Clause Samples

Termination by Operator. Operator shall be permitted ----------------------- to terminate this Agreement if any of the following events occur: (i) a payment default by Owner that is not cured within sixty (60) days, provided Owner has received written notice of such default; (ii) a voluntary Winding-Up of Owner commenced by Owner; (iii) an involuntary Winding-Up of Owner instituted against Owner, that is not stayed, dismissed or terminated within ninety (90) days after commencement; (iv) a material default by Owner of any other obligation under this Agreement, provided Owner shall have up to sixty (60) days after receipt of written notice by Operator to cure such other default or make substantial progress (in the reasonable opinion of Operator) towards cure if the default is capable of being cured; (v) at Operator's convenience without cause upon six (6) months' prior written notice; (vi) the Project becomes subject to regulation as a public utility by any Government Agency (other than the Federal Energy Regulatory Commission); or (vii) upon thirty (30) days prior written notice if an event of Force Majeure occurs or changed condition described in Section 5.5 occurs and the Secured Party does not approve an adjustment agreed upon by Owner and Operator. Except as otherwise provided in this Section 6.3, Operator shall provide Owner with written notice of its intent to terminate this Agreement no later than three (3) months prior to the date of termination.

Termination by Operator. 1. Operator may terminate this Agreement and all of its obligations under this Agreement at any time if one of the following events occurs, provided that only the entire Agreement may be terminated: a. The refusal of any governmental agency having jurisdiction over the flight operations at the Airport, to grant or permit all carriers operating from the Airport the right to regularly operate into and from the Airport, for a period exceeding ninety (90) days because of the condition, maintenance, or inadequacy of the Airport, or b. The breach by the COMMISSION of, or its failure to perform, any of the covenants or agreements contained in this Agreement, and the failure of the COMMISSION to remedy or to commence the corrective action of the breach for a period of thirty (30) days after receipt from the Operator of a written notice of the breach.

Termination by Operator. (a) The Operator may terminate this Agreement upon 20 Business Days' written notice to the Principal if the Principal fails: (i) to make a payment to the Operator in accordance with this Agreement within 20 Business Days of such payment being due, subject to clause 20.7(b); or (ii) to provide the Operator with access to the IT Platform software in accordance with clause 7.11(b) and the Principal has not remedied such breach within 5 Business Days of being given written notice by the Operator to do so. (b) The Operator must not terminate this Agreement where the Principal's failure to make a payment is the subject of an unresolved Dispute under clause 23.

Termination by Operator. This Agreement may be terminated by Operator at any time following the occurrence of any of the following events: (i) a material breach of this Agreement by WMC which has not been cured within 90 days after Operator has delivered written notice to WMC of such breach; (ii) a Change of Control of Operator's System; (iii) a termination of the Trademark Sublicense Agreement; (iv) dissolution, liquidation or winding-up of WMC unless an Affiliate of WMC or of AirTouch Communications, Inc. (or any successor thereto whether by merger, spin-off or otherwise) assumes WMC's obligations hereunder; (v) the suspension, revocation, or surrender of the FCC License for the Phoenix Service Area that is currently held by U S West New Vector Group (unless such FCC License is promptly thereafter awarded to WMC or a permitted assignee of WMC hereunder) or the sale or other disposition of such FCC License to a Person other than WMC or a permitted assignee of WMC hereunder; (vi) the entry by a court having jurisdiction of (A) a decree or order for relief in respect of WMC in an involuntary case or proceeding under any applicable federal or state bankruptcy, insolvency, reorganization or other similar law or (B) a decree or order adjudicating WMC bankrupt or insolvent or approv- ing as properly filed a petition seeking reorganization, arrangement, adjustment or composition of or in respect of WMC under any applicable federal or state law, or appointing a custodian, receiver, liquidator, assignee, trustee or other similar official of WMC or of any substantial part of its property; or (vii) the commencement by WMC of a voluntary case or proceeding under any applicable federal or state bankruptcy, insolvency, reorganization or other similar law or of any case or proceeding to be adjudicated a bankrupt or insolvent, or the consent by it to the entry of a decree or order for relief in respect of WMC in any involuntary case or proceeding under applicable federal or state bankruptcy, insolvency, reorganization or other similar law or to the commencement of any bankruptcy or insolvency case or proceeding against it, or the filing by it of a petition or answer or consent seeking reorganization or relief under any applicable federal or state law or the consent by it to the filing of such petition or to the appointment of or taking possession by a custodian, receiver, liquidator, assignee, trustee or other similar official of WMC or any substantial part of its property, or the making by it o...

Termination by Operator. Subject to the terms of any Project Agreements, Operator may terminate this Agreement for cause upon 15 days prior written notice to Owner in the event of: (i) Owner's Bankruptcy; or (ii) Owner's failure to perform in a timely manner any of its material obligations under this Agreement and such failure is not cured within 30 days of Owner's receipt of a notice from Operator demanding cure (or, if not curable within 30 days, within such period of time as is reasonably necessary, but in no event more than 90 days, provided that Owner diligently commences and continues to pursue such cure).

Termination by Operator. OPERATOR shall have the right, at any time, to terminate without cause this Agreement and all rights and obligations hereunder upon thirty (30) day prior written notice. GRANTEE shall not seek nor be entitled to restitution for damages, if any, created by such a termination.

Termination by Operator. 21 Section 6.4 Facility Condition at End of Term; Transmission Line... 21

Termination by Operator. This Agreement may be terminated by Operator effective immediately upon notice to ECRC if Operator has ceased to require an arrangement for the Member Oil Handling Facilities within ECRC's GAR.

Termination by Operator. Operator shall have the right to terminate this Agreement upon 30 days’ Notice to Owner in the event there is an Owner Event of Default as defined in Section 10.2 unless the Owner Event of Default is cured within that 30-day notice period.