Adjustments and Termination Sample Clauses

Adjustments and Termination. The Contractor will periodically evaluate the Tenant’s program eligibility and ability to pay rent. The Contractor from time to time will make adjustments to the Tenant Rent and Rental Assistance Payments not to exceed the Contract Rent. The Owner/Landlord and the Tenant shall be given written notice by the Contractor of any adjustments or termination. Adjustments may include termination of assistance if the Tenant is determined to no longer be program eligible or if the Tenant’s income is deemed to be adequate to pay the Contract Rent. Termination of this agreement shall not constitute a breach of the lease between the Owner/Landlord and the Tenant. If the Tenant moves from the Contract Unit in violation of the lease, the Owner/Landlord is entitled to keep the Rental Assistance Payment only for the month in which the Tenant moves. Nothing in this agreement prevents the Owner/Landlord from enforcing the Lease with the Tenant. If the Owner/Landlord evicts the Tenant, the Owner/Landlord is entitled to receive the Rental Assistance Payment only for the months that the unit is occupied by the Tenant and the Tenant remains program eligible. The Owner/Landlord is required to give the Contractor a copy of any notice to the Tenant to vacate the unit, or any complaint used under State or local law to commence an eviction action. The Contractor can terminate this agreement if the Owner/Landlord fails to maintain the Contract Unit in a decent, safe and sanitary condition or materially violates the lease and fails to cure the breach within five (5) days of the written notice or for non-compliance with this agreement or for other good cause. The Contractor assumes no obligation for the Tenant Rent or payment of any claim by the Owner/Landlord against the Tenant. The termination of this agreement alone shall not be construed as good cause to terminate the Tenant’s lease. The Owner/Landlord may only terminate the Tenant’s lease in accordance with the lease terms and applicable law. Non-discrimination. Landlord will not, in the provision of services or in any other manner, discriminate against any person on the basis of race, color, national origin, religion, gender, disability, or familial status. The obligation of Landlord to comply with Fair Housing Requirements inures to the benefit of the United States of America, HUD, State of North Carolina, and the Contractor, any of which will be entitled to affect any of the remedies available by law to redress any breach or to ...
View SourceView Similar (13)
Adjustments and Termination. The Municipality shall not alter the scope of an IIP without the prior written consent of the Secretariat. The Municipality shall inform Saskatchewan promptly in writing of any reduction in approved IIP(s) costs or of any additional federal, provincial or municipal assistance to be received with respect to an approved IIP(s), and Saskatchewan shall have the right to adjust the amount of the Funds applicable to that IIP to take into account the amount of any such additional assistance that is to be received. In the event that the Municipality decides to terminate a project included in an IIP, the Municipality shall advise Saskatchewan, in writing, within 30 days of the termination.
View SourceView Similar (2)
Adjustments and Termination. Options granted under this Article III shall be subject to adjustment as provided in Sections 2.3 and 6.2, but only to the extent that (a) such adjustment in the case of a Change in Control Event is effected pursuant to the terms of a reorganization agreement approved by shareholders of the Company, and (b) such adjustment is consistent with the adjustments to Options held by persons other than executive officers or directors of the Company. To the extent that any Option granted under this Article III is not exercised prior to (x) a dissolution of the Company, or a merger or other corporate reorganization that the Company does not survive, and (y) no provision is (or consistent with the provisions of the preceding sentence can be) made for the assumption, conversion, substitution or exchange of the Option, the Option shall terminate upon the occurrence of such event.
View Source
Adjustments and Termination 
View SourceView Similar (2)

Related to Adjustments and Termination

  • Amendments and Termination This Agreement may be amended or terminated only by a written agreement signed by the Company and the Executive.

  • Modification and Termination No agreement to modify, amend, extend, supersede, terminate, or discharge this Settlement Agreement, or any portion thereof, is valid or enforceable unless it is in writing and signed by all Parties to this Settlement Agreement.

  • Terms and Termination A. The initial term (the “Initial Term”) of this Agreement shall commence as of the Effective Date and, unless terminated earlier as provided below, automatically shall expire and terminate on the fifth anniversary of the Effective Date (as may be renewed and extended as hereinafter provided, the “Expiration Date”). Notwithstanding the foregoing, the term of this Agreement automatically shall be renewed and extended for consecutive five year periods after the initial Expiration Date (each of which periods (a) shall commence as of the day immediately succeeding the then scheduled Expiration Date, and (b) hereinafter shall be referred to herein as a “Renewal Term”), unless either party hereto elects not to renew and extend the term of this Agreement by delivering notice of such election to the other on or before the ninetieth (90th) day preceding the then scheduled expiration of the Initial Term or applicable Renewal Term, as the case may be. B. Notwithstanding Subparagraph A hereof, Licensor may terminate this Agreement at its sole discretion with or without cause upon thirty (30) days prior written notice, and Licensee may terminate this Agreement at its sole discretion with or without cause upon thirty (30) days prior written notice. C. Notwithstanding Subparagraphs A and B above, if Licensee makes any assignment of assets or business for the benefit of creditors, if a trustee or receiver is appointed to administer or conduct Licensee's business or affairs, if Licensee is adjudged in any legal proceeding to be either a voluntary or involuntary bankrupt, if Licensee fails to comply with any provision of this Agreement, or if Licensee changes its name in whole or in part, Licensor may terminate this Agreement immediately without notice. D. Upon the termination or expiration of this Agreement, the License granted hereunder shall immediately and automatically terminate, and Licensee agrees to immediately discontinue any and all use of the Trade Name and to deliver up to Licensor, or its duly authorized representatives, all signage, marketing materials, letterhead, business cards, flags, checks, documents promotional items, press releases, Internet usage and any and all other papers or materials upon which the Trade Name appears, and furthermore will at no time adopt or use, without Licensor's prior written consent, any word, phrase, colors, symbol, logos, marks or other designations which are similar to or likely to be confusing with the Trade Name.