Contract Termination for Failure to Enter into Edison Contract Sample Clauses

Contract Termination for Failure to Enter into Edison Contract. Notwithstanding anything to the contrary contained in the Contract, as amended hereby, if the Edison Contract is not approved by Purchaser and fully-executed on or before June 30, 2016, then the Contract shall be deemed automatically terminated, in which event, provided that Purchaser is not in default under the Contract, the Deposit, and all interest thereon, shall be promptly returned to Purchaser (and Seller shall deliver written notice to Escrow Agent authorizing Escrow Agent to return the Deposit no later than two (2) Business Days following such automatic termination).
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Related to Contract Termination for Failure to Enter into Edison Contract

  • Contract Termination; Debarment A breach of the contract clauses in paragraph 1 through 10 of this section may be grounds for termination of the contract, and for debarment as a contractor and a subcontractor as provided in 29 CFR 5.12.

  • Termination of Contract The Department may terminate the Contract for refusal by the Contractor to comply with this section by not allowing access to all public records, as defined in Chapter 119, F. S., made or received by the Contractor in conjunction with the Contract.

  • Contract Termination debarment. A breach of the contract clauses in 29 CFR 5.5 may be grounds for termination of the contract, and for debarment as a contractor and a subcontractor as provided in 29 CFR 5.12.

  • VIOLATION OF CONTRACT TERMS/BREACH OF CONTRACT Violation of contract terms or breach of contract by Engineer shall be grounds for termination of this Contract, and any increased costs arising from Engineer’s default, breach of contract, or violation of contract terms shall be paid by Engineer.

  • NO EXPECTATION OF CONTINUED EMPLOYMENT BEYOND TERM OF CONTRACT Neither this contract nor any Board Policy, rule or evaluation procedure shall confer upon the Employee continued employment beyond the term provided in this contract.