Termination with Immediate Effect Sample Clauses

Termination with Immediate Effect. 5.6 If the Secretary of State has cause to serve a notice on the Company under section 165 of the Education Xxx 0000 and a determination (from which all rights of appeal have been exhausted) has been made that the Academy shall be struck off the Register of Independent Schools, he may terminate this Agreement by notice in writing to the Company such termination to take effect on the date of the notice. Request to consider termination if the Academy is financially unsustainable
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Termination with Immediate Effect. 5.7H If on or after August2014 or at any time after signing this Agreement and before the Academy opens, the total number of prospective pupils having accepted offers of places to attend at the Academy in September 2014 is fewer than 75 in Year 7 and 35 in Year 8, the Secretary of State may by written notice to the Company:-
Termination with Immediate Effect. If the Secretary of State has cause to serve a notice on the Academy Trust under section 165 of the Education Act 2002 and a determination (from which all rights of appeal have been exhausted) has been made that the Academy shall be struck off the Register of Independent Schools, he may terminate this Agreement by notice in writing to the Academy Trust such termination to take effect on the date of the notice. The Secretary of State may at any time by notice in writing terminate this Agreement, such termination to take effect on the date of the notice, on the occurrence, or where in his reasonable opinion there is a serious risk of occurrence, of any of the following events:- the Academy Trust calls a meeting of its creditors (whether formal or informal) or enters into any composition or arrangement (whether formal or informal) with its creditors; or the Academy Trust proposes a voluntary arrangement within Section 1 of the Insolvency Act 1986; or the Academy Trust is unable to pay its debts within the meaning of Section 123 of the Insolvency Act 1986 provided that, for the purposes of this clause, Section 123 (1)(a) of the Insolvency Act 1986 shall have effect as if the amount of £10,000 was substituted for £750. The Academy Trust shall not be deemed unable to pay its debts for the purposes of this clause if any such demand as is mentioned in the said Section is being contested in good faith by the Academy Trust; or the Academy Trust has a receiver and manager (with the exception of Receivers and Managers or Interim Managers appointed by the Charity Commission under the Charities Act 2011 or any subsequent re-enactment of that Act), administrator or administrative receiver appointed over all or any part of its undertakings, assets or income; or any distraint, execution or other process is levied or enforced on any of the Academy Trust’s property and is not paid out, withdrawn or discharged within fifteen Business Days; or the Academy Trust has passed a resolution for its winding up; or an order is made for the winding up or administration of the Academy Trust. The Academy Trust shall notify the Secretary of State as soon as possible after receiving any petition which may result in an order for the winding up or administration of the Academy Trust and shall provide an explanation to the Secretary of State of the circumstances giving rise to the service of such a petition.
Termination with Immediate Effect. 14.4.1 Your employment may be terminated by Your Employer at any time with immediate effect if you:
Termination with Immediate Effect. Either party may terminate this Agreement effective upon written notice if either of the following events occurs.
Termination with Immediate Effect. 24.1.1 The Supplier shall have the right to terminate this Agreement at any time by notice with immediate effect without having to pay any damages to the Purchaser and without any Court intervention in the following cases:
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Termination with Immediate Effect. 13.1. The Company may terminate the Agreement with immediate effect and without payment in lieu of notice if the Executive:-
Termination with Immediate Effect. Nordic Energy Research may terminate the Contract in writing with immediate effect, and prior to the completion of the Project Period, if the Project Owner is in material breach of his obligations pursuant to the Contract, including but not limited to, the following situations: • The Project Owner is unwilling or unable to complete the Project. • There are substantial deviations from the Progress Plan and/or Project Description and/or from other circumstances and matters regulated by the Contract. • The Project Owner is engaged in activities, which are not compatible with current applicable legislation and/or the general aims and objectives of Nordic Energy Research. • The Project Owner has entered a petition for bankruptcy, or a petition for bankruptcy or debt settlement negotiations have been raised by others against the Project Owner, or there is other compelling reason to believe that the Project Owner is insolvent. Nordic Energy Research may also terminate the Contract in writing with immediate effect if key prerequisites underlying the contractual relationship are no longer viable, including, but not limited to: • The event that Nordic Energy Research receives less funding from Nordic governments/Nordic Council of Ministers. • The event that there are changes in public regulation or other unforeseen circumstances having material and substantial impact on the implementation of the Project or Nordic Energy Research’s ability to contribute to it. If Nordic Energy Research terminates the Contract with immediate effect due to material breach on the part of the Project Owner, the Project Owner shall, if requested by Nordic Energy Research, reimburse any funds received. Any remaining Pledges will become null and void. The Project Owner may terminate the Contract in writing with immediate effect if Nordic Energy Research is in material breach of its obligations pursuant to the Contract.
Termination with Immediate Effect. 12.1 The Party has the right to terminate this Licence Agreement with immediate effect:
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