Grounds for Termination to be specified Clause Samples

Grounds for Termination to be specified. A notice of termination given under Clauses 20.1 or 20.2 must set out the grounds for the termination.
Grounds for Termination to be specified. A notice of termination given under Clauses 21.1 or 21.2 must set out the grounds for the termination. 21.4 Obligations and other rights upon termination or expiration (a) Neither termination of this Agreement by a Party pursuant to this Clause 21 nor expiration of this Agreement prejudices: (i) a Party’s right to make a Claim or recover damages or avail itself of other remedies under this Agreement or at Law; or (ii) either Party’s rights to recover monies due to it under this Agreement. (b) Upon termination of this Agreement QR Network and the Operator shall be released from all further obligations or liabilities under this Agreement except in respect of any antecedent breach of this Agreement on their respective parts. Any liability in respect of such antecedent breach shall be limited in the manner provided in this Agreement.
Grounds for Termination to be specified. A notice of termination given under Clauses 21.1 or 21.2 must set out the grounds for the termination. 21.4 Obligations and other rights upon termination or expiration (a) Neither termination of this Agreement by a Party pursuant to this Clause 21 nor expiration of this Agreement prejudices: (i) a Party’s right to make a Claim or recover damages or avail itself of other remedies under this Agreement or at Law; or (ii) either Party’s rights to recover monies due to it under this Agreement. (b) Upon termination of this Agreement Aurizon Network and the Operator shall be released from all further obligations or liabilities under this Agreement except in respect of any antecedent breach of this Agreement on their respective parts. Any liability in respect of such antecedent breach shall be limited in the manner provided in this Agreement.

Related to Grounds for Termination to be specified

  • Grounds for Termination This Agreement may be terminated at any time prior to the Closing Date: (a) by mutual written agreement of Albertson’s and Buyer; (b) by either Albertson’s or Buyer if the Closing shall not have been consummated on or before September 22, 2006 (the “Termination Date”); provided that the right to terminate this Agreement pursuant to this Section 12.01(b) shall not be available to the party seeking to terminate if any action of such party or the failure of such party to perform any of its obligations under this Agreement required to be performed at or prior to the Closing has been the cause of, or resulted in, the failure of the Closing to occur on or before the Termination Date and such action or failure to perform constitutes a breach of this Agreement; provided, further, that the right to terminate this Agreement pursuant to this Section 12.01(b) shall not be available to Albertson’s if neither Albertson’s nor SUPERVALU shall have exercised its termination right under Section 8.1(c) of the Merger Agreement; (c) by either Albertson’s or Buyer if there shall be any Law, regulation or nonappealable final order, decree or judgment of any court or governmental body having competent jurisdiction that would make the consummation of the transactions contemplated hereby illegal or otherwise prohibited; (d) by Albertson’s if there shall have been a material breach of any representation, warranty, covenant or agreement on the part of Buyer contained in this Agreement such that the condition set forth in Section 10.03(a) would not be satisfied and which shall not have been cured prior to the earlier of (i) 20 Business Days following notice of such breach and (ii) the Termination Date; (e) by Buyer if there shall have been a material breach of any representation, warranty, covenant or agreement on the part of any Seller contained in this Agreement such that the condition set forth in Section 10.02(a) would not be satisfied and which shall not have been cured prior to the earlier of (i) 20 Business Days following notice of such breach and (ii) the Termination Date; or (f) by Albertson’s or Buyer if the Merger Agreement is terminated. The party desiring to terminate this Agreement pursuant to clauses 12.01(b), (c), (d), (e) or (f) shall give notice of such termination to the other party.