Cancellation or non Clause Samples

The 'Cancellation or non' clause defines the terms under which a contract or agreement may be cancelled or not renewed by either party. Typically, this clause outlines the procedures for providing notice of cancellation, any required advance warning periods, and the consequences or obligations that arise from such cancellation, such as payment of outstanding fees or return of property. Its core function is to provide a clear process for ending the contractual relationship, thereby reducing uncertainty and potential disputes if one party wishes to discontinue the agreement.
Cancellation or non renewal or a change in the conditions applicable to, any Governmental Authorization, or
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Cancellation or non payment by the Hirer
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Cancellation or non. Renewal (1) This Policy may be cancelled by the Corporation at any time by written notice to the Insurer. Upon cancellation by the Corporation, the Insurer shall retain the customary short rate portion of the premium, unless this Policy is converted to Run‐Off pursuant to Section IX.D. wherein the entire premium for this Policy shall be deemed earned. (2) This Policy may only be cancelled by the Insurer if the Corporation does not pay the premium when due. (3) If the Insurer elects not to renew this Policy, the Insurer shall provide the Corporation with no less than sixty (60) days advance notice thereof.
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Cancellation or non. Renewal A. This Policy may be cancelled by the Company at any time by prior written notice to the Insurer stating the effective time of such cancellation. Upon cancellation, the Insurer shall be entitled to retain the pro rata proportion of the premium calculated from the effective date of such cancellation, unless Section X.A, above, applies, in which case the entire premium for this Policy shall be deemed fully earned. B. This Policy may be cancelled by the Insurer only for nonpayment of premium. Such cancellation shall be effective on the date specified in the written notice of cancellation given by the Insurer to the Parent Company, provided such date is at least ten (10) days after the date such notice is given. If the Parent Company pays in full the premium due prior to such effective date, the Insurer’s notice of cancellation shall be ineffective. C. If the Insurer elects not to renew this Policy, the Insurer shall provide the Parent Company with no less than sixty (60) days advance written notice thereof. A. The Insureds represent and acknowledge that statements made and information in the Application are accurate and complete, are the basis of this Policy and are incorporated in and constitute part of this Policy. The Application shall be construed as a separate Application for each Insured. B. With respect to any statements or other information provided in the Application, the knowledge possessed by any one Insured Person shall not be imputed to any other Insured Person. C. If any statement in the Application was (i) not accurate and complete and (ii) either was made with the intent to deceive or materially affected the acceptance of the risk or hazard assumed by the Insurer under this Policy, then the Insurer shall not be liable to make any payment for Loss in connection with that portion of any Claim based upon, arising out of or in consequence of the facts that were not accurately and completely disclosed in the Application, to the extent such Loss is incurred by: 1) an Insured Person who knew, prior to the Policy Period, the facts that were not accurately and completely disclosed in the Application if prior to the Policy Period a reasonable person would have believed such facts were likely to give rise to a Claim; or 2) any Company, if its chief executive officer, chief financial officer or functional equivalent official knew, prior to the Policy Period, the facts that were not accurately and completely disclosed in the Application if prior t...
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Related to Cancellation or non

  • Notice of Cancellation or Non-Renewal Policies shall be written so as to include the requirements for notice of cancellation or non-renewal in accordance with the New York State Insurance Law. Within five (5) business days of receipt of any notice of cancellation or non-renewal of insurance, the Contractor shall provide OGS with a copy of any such notice received from an insurer together with proof of replacement coverage that complies with the insurance requirements of this Contract.

  • Cancellation or Termination The Provider is the responsible party for honoring cancellation requests. You may cancel this Service Agreement at any time and is non-cancelable by us (send your written request to us at ▇▇▇▇▇▇▇▇▇▇▇▇▇@▇-▇▇.▇▇▇), except for: 1. Fraud or material misrepresentation concerning any covered item or any other facts related to this Service Agreement.

  • Cancellation of Agreement In the event that prior to the Closing Date (a) trading in securities on the New York Stock Exchange generally, or in securities of the Bank in particular, shall have been suspended, or minimum prices established by the New York Stock Exchange, or any new restrictions on transactions in securities shall have been established by the New York Stock Exchange or by the Commission or by any other United States Federal or State agency or by any action of the United States Congress or by executive order to such a degree as, in your judgment as the Representatives, to affect materially and adversely the marketing of the Securities or (b) existing financial, political or economic conditions in Europe, the United States or elsewhere shall have undergone any change which, in your judgment as the Representatives, would materially and adversely affect the market for the Securities, this Agreement and all obligations of the Underwriters hereunder may be canceled at, or at any time prior to, the Closing Date by you, as the Representatives, without liability on the part of any Underwriter to the Bank or of the Bank to any Underwriter, subject to Section 11(e). Notice of such cancellation shall be given to the Bank in writing, or by cable or telephone confirmed in writing.

  • Cancellation or reduction for convenience 20.1 The Commonwealth may cancel or reduce the scope of this Agreement by notice, due to: (a) a change in government policy; or (b) a Change in the Control of the Grantee which the Commonwealth reasonably believes will negatively affect the Grantee’s ability to comply with this Agreement. 20.2 On receipt of a notice of reduction or cancellation under this clause, the Grantee agrees to: (a) stop or reduce the performance of the Grantee's obligations as specified in the notice; and (b) take all available steps to minimise loss resulting from that reduction or cancellation; and (c) continue performing any part of the Activity or the Agreement not affected by the notice if requested to do so by the Commonwealth; (d) report on, and return any part of the Grant to the Commonwealth, or otherwise deal with the Grant, as directed by the Commonwealth. 20.3 In the event of reduction or cancellation under this clause, the Commonwealth will be liable only to: (a) pay any part of the Grant due and owing to the Grantee under this Agreement at the date of the notice; and (b) reimburse any reasonable and substantiated expenses the Grantee unavoidably incurs that relate directly and entirely to the reduction in scope or cancellation of the Agreement. 20.4 In the event of reduction, the amount of the Grant will be reduced in proportion to the reduction in the scope of the Agreement. 20.5 The Commonwealth’s liability to pay any amount under this clause is: (a) subject to the Grantee's compliance with this Agreement; and (b) limited to an amount that when added to all other amounts already paid under the Agreement will not exceed the total amount of the Grant. 20.6 The Grantee will not be entitled to compensation for loss of prospective profits or benefits that would have been conferred on the Grantee but for the cancellation or reduction in scope of the Agreement under clause 20.1. 20.7 The Commonwealth will act reasonably in exercising its rights under this clause.

  • CANCELLATION OR AMENDMENT State Street shall use reasonable efforts to act on all authorized requests to cancel or amend payment orders received in compliance with the Security Procedure provided that such requests are received in a timely manner affording State Street reasonable opportunity to act. However, State Street assumes no liability if the request for amendment or cancellation cannot be satisfied.