Termination Prior to End of Term Sample Clauses

Termination Prior to End of Term. This Agreement may be terminated prior to the end of the Initial Term or any Renewal Term only as follows:
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Termination Prior to End of Term a. JPMC may immediately terminate this Schedule Two by giving Visa written notice of termination: (i) if Visa becomes insolvent or makes an assignment for the benefit of its creditors or any proceeding is commenced by or against Visa under any bankruptcy, liquidation or other debtor’s protection law or statute, and such proceeding is not dismissed within sixty (60) days of its institution; (ii) if, within thirty (30) days of JPMC giving Visa written notice of Visa’s breach of this Schedule Two including failure to meet the performance standards set forth in Schedule B, such breach is not cured; (iii) if Visa violates any material governmental law, regulation or rule applicable to Visa but only if such violation has a material adverse effect on JPMC; (iv) without cause upon sixty (60) days prior written notice to Visa or (v) if Visa incurs a material impairment of its ability to perform its obligations under this Schedule Two. In the event JPMC desires to terminate this Schedule Two prior to the end of the Term under section 4(a)(iv), JPMC shall so notify Visa in writing and shall include with that notice a check payable to Visa as ** an amount calculated as follows. ** 12/01/04.01 12 ** Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately with the SEC.
Sample 1Sample 2Sample 3
Termination Prior to End of Term. (a) The Client may terminate this Contract under the following circumstances:
Sample 1Sample 2
Termination Prior to End of Term. After a vote by the TOWN Council to remove CONTRACT OFFICER prior to the end of the Term of this Employment Contract, the TOWN shall pay to CONTRACT OFFICER full compensation for all work satisfactorily performed by CONTRACT OFFICER as of the termination date. CONTRACT OFFICER may terminate this Employment Contract by resigning in accordance with the TOWN Personnel Policies as amended from time to time. Upon such termination by CONTRACT OFFICER, the TOWN shall pay to CONTRACT OFFICER full compensation for all work satisfactorily performed by CONTRACT OFFICER under this Employment Contract as of the termination date.
Sample 1
Termination Prior to End of Term. (a) In the event of a Material Default by either party, the other may terminate this Agreement, upon written notice, and such notice shall be effective, upon delivery of notice in the case of a Material Breach specified in Sections 9(b) and (c) and 10(d) and (e), and upon thirty (30) days’ notice in the case of any other Material Breach. In the case of any other Material Default, the nondefaulting party shall provide a notice to the defaulting party describing the Material Default. The defaulting party shall have ten (10) days from re- ceipt of such notice to cure such Material Default. In the event such Mate- rial Default cannot be cured within ten (10) days or is disputed by the de- faulting party, the parties shall exhaust the procedures set forth in Sec- tion 14. If the Material Default is not resolved pursuant to Section 14, the nondefaulting party may terminate upon thirty (30) days’ written notice. Notwithstanding the foregoing, upon the third occurrence of a curable Ma- terial Default, the nondefaulting party may terminate upon thirty (30) days’ written notice without exhausting the procedures set forth in Section 14.
Sample 1
Termination Prior to End of Term. This Agreement shall automatically terminate on June 29, 2008. In the event that Consultant becomes a full-time employee of any company, corporation, limited liability company or other business entity prior to the end of the term, Consultant or INCARD may terminate this Agreement without cause. Upon transmission of written notice of termination by either Party, any obligation to pay compensation by INCARD or to provide services by Consultant shall cease immediately. Consultant shall be required to transmit written notice to INCARD immediately upon learning he has obtained full time employment with another party via facsimile and first class mail (“Employment Notification”). In the event Consultant fails to provide timely Employment Notification, Consultant shall be required to return all amounts paid by INCARD for any period after Consultant commenced such full time employment along with additional liquidated damages of $2,500 for each week that passes from the start date of employment and the transmission of the Employment Notification.
Sample 1
Termination Prior to End of Term 
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs

Related to Termination Prior to End of Term

  • Commencement of Term The Term commences upon the Commercial Operation Date.

  • Waiver of Termination Right Landlord and Tenant agree that the foregoing provisions of this Paragraph 20 are to govern their respective rights and obligations in the event of any damage or destruction and supersede and are in lieu of the provisions of any applicable law, statute, ordinance, rule, regulation, order or ruling now or hereafter in force which provide remedies for damage or destruction of leased premises (including, without limitation, to the extent the Premises are located in California, the provisions of California Civil Code Section 1932, Subsection 2, and Section 1933, Subsection 4 and any successor statute or laws of a similar nature).

  • Damage Near End of Term If at any time during the last six (6) months of the term of this Lease there is damage for which the cost to repair exceeds one month's Base Rent, whether or not an Insured Loss, Lessor may, at Lessor's option, terminate this Lease effective sixty (60) days following the date of occurrence of such damage by giving written notice to Lessee of Lessor's election to do so within thirty (30) days after the date of occurrence of such damage. Provided, however, if Lessee at that time has an exercisable option to extend this Lease or to purchase the Premises, then Lessee may preserve this Lease by (a) exercising such option, and (b) providing Lessor with any shortage in insurance proceeds (or adequate assurance thereof) needed to make the repairs on or before the earlier of (i) the date which is ten (10) days after Lessee's receipt of Lessor's written notice purporting to terminate this Lease, or (ii) the day prior to the date upon which such option expires. If Lessee duly exercises such option during such period and provides Lessor with funds (or adequate assurance thereof) to cover any shortage in insurance proceeds, Lessor shall, at Lessor's expense repair such damage as soon as reasonably possible and this Lease shall continue in full force and effect. If Lessee fails to exercise such option and provide such funds or assurance during such period, then this Lease shall terminate as of the date set forth in the first sentence of this Paragraph 9.5.

  • Extension of Termination Date (a) No later than one year prior to the Termination Date then in effect, provided that no Event of Default shall have occurred and be continuing, the Borrowers may request an extension of such Termination Date by submitting to the Administrative Agent an Extension Request containing the information in respect of such extension specified in Exhibit I, which the Administrative Agent shall promptly furnish to each Bank. If, within 30 days of their receipt of an Extension Request, the Majority Banks shall approve in writing the extension of the Termination Date requested in such Extension Request, the Termination Date shall automatically and without any further action by any Person be extended for the period specified in such Extension Request; provided that (i) each extension pursuant to this subsection 2.16 shall be for a maximum of one year and (ii) the Commitment of any Bank which does not consent in writing to such extension within 30 days of its receipt of such Extension Request (an “Objecting Bank”) shall, unless earlier terminated in accordance with this Agreement, expire on the Termination Date in effect on the date of such Extension Request (such Termination Date, if any, referred to as the “Commitment Expiration Date” with respect to such Objecting Bank). If, within 30 days of their receipt of an Extension Request, the Majority Banks shall not approve in writing the extension of the Termination Date requested in an Extension Request, the Termination Date shall not be extended pursuant to such Extension Request. The Administrative Agent shall promptly notify (y) the Banks and the Borrowers of any extension of the Termination Date pursuant to this subsection 2.16 and (z) the Borrowers and any other Bank of any Bank which becomes an Objecting Bank. No Bank has an obligation to extend its Commitment pursuant to this Section 2.16 except in its sole discretion.

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • End of Term 16.1 At the end of the Term, Tenant shall promptly quit and surrender the Premises broom-clean and in good order and repair, ordinary wear and tear and damage from casualty which Tenant is not required by other provisions of this Lease to repair excepted. If Tenant is not then in default, Tenant shall have the right to remove from the Premises any Removable Trade Fixtures (as defined in Section 14.1 (b)), unattached equipment, and movable furniture placed in the Premises by Tenant. Whether or not Tenant is in default, Tenant shall remove such Alterations, equipment, and furniture as Landlord has required under Article 14. Tenant shall fully and properly repair any damage occasioned by the removal of any Removable Trade Fixtures, equipment, furniture and Alterations. All trade fixtures, equipment, furniture, inventory, effects and Alterations left on the Premises after the end of the Term shall be deemed conclusively to have been abandoned and may be appropriated, sold, stored, destroyed, or otherwise disposed of by Landlord without written notice to Tenant or any other person and without obligation to account for them. Alternatively, Landlord, at its option, shall have the right to declare the Term to be continuing until all such property is removed and the Premises surrendered to Landlord in the condition required by this Lease, and Monthly Rent (at the rate specified in Section 27.11) and Additional Rent shall continue to accrue and shall be payable upon demand. Tenant shall pay Landlord for all expenses incurred in connection with the removal of such property, including but not limited to the cost of repairing any damage to the Building or Premises caused by the removal of such property. Tenant's obligation to observe and perform this covenant shall survive the expiration or other termination of this Lease.

  • Waiver of Termination Rights The Employee waives any and all rights to compensation or damages as a result of a Termination, insofar as those rights result or may result from: (a) the loss or diminution in value of such rights or entitlements under the Program; or (b) the Employee ceasing to have rights, or ceasing to be entitled to any Awards under the Program as a result of such Termination.

  • Term of Agreement; Termination The term of this Agreement shall commence on the date hereof and such term and this Agreement shall terminate upon the earlier to occur of (i) the Effective Time, and (ii) the date on which the Merger Agreement is terminated in accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDED, HOWEVER, such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

  • Notice; Effective Date of Termination (a) Termination of Executive’s employment pursuant to this Agreement shall be effective on the earliest of:

Time is Money Join Law Insider Premium to draft better contracts faster.