THE TERMINATION AGREEMENT Sample Clauses

THE TERMINATION AGREEMENT. On 11 December 2015, Beijing Shishang entered into the Termination Agreement with Huamei Technology, the principal terms of which are summarised as follows:
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THE TERMINATION AGREEMENT. 7. In my opinion, entry into the Termination Agreement, and the related agreements, is a sound exercise of the Debtors’ business judgment and reasonable settlement of claims and potential claims with respect to the Employee Leasing Agreements between the Debtors, ACH, and Ford. The agreements have been negotiated by the parties at arm’s length, and reflect a good-faith effort to allow the Debtors to terminate a non-core business expeditiously with minimal disruption and damage to their own operations and those of ACH and Ford—a customer crucial to Visteon’s future viability.
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THE TERMINATION AGREEMENT. The Board announces that on 25 August 2011 (after trading hours), the Company and the Prospective Seller entered into a termination agreement (“Termination Agreement”), pursuant to which the Company and the Prospective Seller agreed to terminate the MOU with immediate effect (“Termination”); and each of them has confirmed that it has no claim against the other arising from and in connection with the MOU or for or by reason of any act matter or thing relating thereto.
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THE TERMINATION AGREEMENT. On 30 January 2024, Century Xxxxxxx Xxxxxx entered into the Termination Agreement with Xxxxxxx Xxxxxxxx, the principal terms of which are summarised as follows: Date
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THE TERMINATION AGREEMENT. Reference is made to the Previous Announcement. The Board announces that on 8 January 2020, the SZ Company, being a wholly-owned subsidiary of the Company, entered into the Termination Agreement with the Previous Landlord, pursuant to which the Previous Agreements are terminated with effect from 8 January 2020 as the Previous Landlord is unable to fulfill certain conditions which are prerequisite to the use of the leased premises under the Previous Lease Agreement. Pursuant to the Termination Agreement, the parties to the Previous Agreements unconditionally agreed to terminate the Previous Agreements.
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THE TERMINATION AGREEMENT. Pursuant to the Lease Agreement, CBA USD Investments agreed to lease to Florens and Florens agreed to lease from CBA USD Investments the Containers. As a condition of the Lease Agreement, COSCO Pacific entered into the Guarantee in favour of CBA USD Investments under which COSCO Pacific guaranteed to CBA USD Investments the due and punctual payment of all outstanding sums owed by Xxxxxxx and all obligations of Florens under, amongst other documents, the Lease Agreement. The Board announces that on 17 March 2016, COSCO Pacific, a non-wholly owned subsidiary of the Company, CBA USD Investments and Florens entered into the Termination Agreement pursuant to which, inter alia, CBA USD Investments agreed to sell to Florens and Florens agreed to purchase from CBA USD Investments the Containers for a price of US$198,910,581 and that each of the leases under the Lease Agreement be terminated. Pursuant to the Termination Agreement, CBA USD Investments has also agreed to unconditionally and irrevocably release COSCO Pacific from all its present, future, actual and contingent liabilities and obligations owing to CBA USD Investments under the Guarantee. The principal terms and conditions of the Termination Agreement are summarised below: Date : 17 March 2016
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THE TERMINATION AGREEMENT. On 2 May 2017, Trendy Plaza entered into the Termination Agreement with Ramada, the principal terms of which are summarised as follows:
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THE TERMINATION AGREEMENT. On January 15, 2010, Xiushuihe Mining and Nanjiang entered into the Termination Agreement, pursuant to which the parties agreed to amend and terminate certain provisions under the New Agreement. The key provisions under the Termination Agreement are as follows: Date : January 15, 2010 Effective date of the Termination Agreement : January 1, 2010 Settlement of construction costs payable by Nanjiang : Nanjiang is responsible for the settlement of all outstanding construction costs incurred up to December 31, 2009 pursuant to all contracts entered into by Nanjiang on behalf of Xiushuihe Mining. Such settlement should be completed before February 5, 2010. Completion date for the transfer of projects under construction : Xiushuihe Mining and Nanjiang should complete the transfer of the titanium concentrates production line (currently under construction) by February 10, 2010 and provide written confirmation of the calculation of the Sum of Profits for the year ended December 31, 2009 and total construction costs incurred as of December 31, 2009 under the New Agreement as at the same date. Amount of construction costs payable to Nanjiang : Within 90 days from the date of the Termination Agreement, Xiushuihe Mining shall pay to Nanjiang approximately RMB85 million as part repayment of the outstanding construction costs under the New Agreement. Settlement of technical support service fee under the New Agreement : Within 90 days from the date of the Termination Agreement, Xiushuihe Mining shall pay to Nanjiang approximately RMB7.7 million as the technical support service fee for the period of July 1, 2008 to December 31, 2009 under the New Agreement. Continuous technical support to be provided by Nanjiang : Upon the effective date of the Termination Agreement, Nanjiang would continue to provide technical support to Xiushuihe Mining in relation to the Nanjiang Project until December 31, 2024. Within 180 days from the date of the Termination Agreement, Xiushuihe Mining shall make a one-off prepayment to Nanjiang at the amount of RMB62 million as technical support fee for the period of 15 years ending on December 31, 2024.
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THE TERMINATION AGREEMENT. The Board announces that on 17 March 2016, the Company, CBA USD Investments and Florens entered into the Termination Agreement pursuant to which, inter alia, CBA USD Investments agreed to sell to Florens and Florens agreed to purchase from CBA USD Investments the Containers for a price of US$198,910,581 and that each of the leases of the Containers created under the Lease Agreement be terminated. Pursuant to the Termination Agreement, CBA USD Investments has also agreed to unconditionally and irrevocably release the Company from all its present, future, actual and contingent liabilities and obligations owing to CBA USD Investments under the Guarantee. The principal terms and conditions of the Termination Agreement are summarised below:
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Related to THE TERMINATION AGREEMENT

  • Agreement Termination In the event Contractor is unable to fulfill its responsibilities under this Agreement for any reason whatsoever, including circumstances beyond its control, County may terminate this Agreement in whole or in part in the same manner as for breach hereof.

  • Contract Termination Provision This contract may be terminated at any time by City for any cause without penalty or liability except as may otherwise be specified herein. Upon receipt of written notice by City, Engineer shall immediately discontinue all services and Engineer shall immediately terminate placing orders or entering into contracts for supplies, assistance, facilities or materials in connection with this contract and shall proceed to cancel promptly all existing contracts insofar as they are related to this contract. As soon as practicable after receipt of notice of termination, Engineer shall submit a statement showing in detail the services performed but not paid for under this contract to the date of termination. City shall then pay Engineer promptly the accrued and unpaid services to the date of termination, to the extent the services are approved by City. This contract may be terminated by Engineer with mutual consent of City at any time for any cause without penalty or liability except as may otherwise be specified herein. Engineer shall submit written notice to terminate contract and shall submit to City all plans and documents relative to the design of Project. City shall then ascertain cost to complete the balance of the work under this contract. If the cost to complete the balance of the work is greater than the unpaid contract amount, City shall retain all unpaid balances and, in addition, Engineer shall pay directly to City the difference in the unpaid balance and the cost to complete the work. In no case shall City pay Engineer any additional monies other than those previously paid under the contract.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • Employment Agreement On the terms and conditions set forth in this Agreement, the Company agrees to employ the Executive and the Executive agrees to be employed by the Company for the Employment Period set forth in Section 2 hereof and in the position and with the duties set forth in Section 3 hereof. Terms used herein with initial capitalization are defined in Section 10.12 below.

  • Termination of Agreement for Cause 5.1.1. If A/E breaches any of the covenants or conditions of this AGREEMENT, COUNTY shall have the right to terminate this AGREEMENT upon ten (10) days written notice prior to the effective day of termination.

  • Employment Agreements Each of the persons listed on Schedule 9.12 shall have been afforded the opportunity to enter into an employment agreement substantially in the form of Annex VIII hereto.

  • 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.

  • Cooperation Agreement At the Closing, PCC and Buyer shall, and PCC shall cause PCC Parent to, execute and deliver the Cooperation Agreement pursuant to which Buyer, PCC Parent and PCC shall provide each other certain information and other assistance in connection with the collection, administration and/or satisfaction of certain of the Retained Liabilities.

  • Continuing Agreement This Credit Agreement shall be a continuing agreement and shall remain in full force and effect until all Credit Party Obligations (other than those obligations that expressly survive the termination of this Credit Agreement) have been paid in full and all Commitments and Letters of Credit have been terminated. Upon termination, the Credit Parties shall have no further obligations (other than those obligations that expressly survive the termination of this Credit Agreement) under the Credit Documents and the Administrative Agent shall, at the request and expense of the Borrower, deliver all the Collateral in its possession to the Borrower and release all Liens on the Collateral; provided that should any payment, in whole or in part, of the Credit Party Obligations be rescinded or otherwise required to be restored or returned by the Administrative Agent or any Lender, whether as a result of any proceedings in bankruptcy or reorganization or otherwise, then the Credit Documents shall automatically be reinstated and all Liens of the Administrative Agent shall reattach to the Collateral and all amounts required to be restored or returned and all costs and expenses incurred by the Administrative Agent or any Lender in connection therewith shall be deemed included as part of the Credit Party Obligations.

  • Complete Disposal Upon Termination of Service Agreement Upon Termination of the Service Agreement Provider shall dispose or delete all Student Data obtained under the Service Agreement. Prior to disposition of the data, Provider shall notify LEA in writing of its option to transfer data to a separate account, pursuant to Article II, section 3, above. In no event shall Provider dispose of data pursuant to this provision unless and until Provider has received affirmative written confirmation from LEA that data will not be transferred to a separate account.

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