1Termination by Mutual Agreement Sample Clauses
The 'Termination by Mutual Agreement' clause allows both parties to end their contractual relationship if they both consent to do so. In practice, this means that either party can propose to terminate the agreement, but the contract will only end if the other party agrees in writing or through another specified method. This clause provides flexibility, enabling parties to exit the contract amicably without having to prove a breach or wait for the contract's natural expiration, thus ensuring that both sides retain control over the continuation of their business relationship.
1Termination by Mutual Agreement. By mutual written agreement of the parties at any time, which may specify a Separation Date.
1Termination by Mutual Agreement. This Agreement may be terminated at any time by mutual consent of the Parties, provided that such consent to terminate is in writing and is signed by each of the Parties.