Immediate Termination of Agreement Sample Clauses

The Immediate Termination of Agreement clause allows one or both parties to end the contract without advance notice under specific circumstances, such as a material breach or insolvency. Typically, this clause outlines the triggering events that justify immediate termination and may specify the process for notifying the other party. Its core function is to provide a swift exit mechanism when continuing the agreement would be impractical or harmful, thereby protecting parties from ongoing risk or loss.
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Immediate Termination of Agreement. Nova Scotia may terminate the Agreement upon giving ninety (90) days prior written notice to WCI, Inc. of any of the following events ("Termination Event") and such Termination Event is not cured by WCI, Inc. within such ninety (90) day period: (1) WCI, Inc. has presented false or misleading information or made false representations; (2) WCI, Inc. is adjudged bankrupt, makes a general assignment for the benefit of its creditors or a receiver is appointed on account of WCI, Inc.'s insolvency; (3) WCI, Inc. materially breaches any provision in Article 5 (Confidentiality and FOIPOP) of the Agreement; (4) WCI, Inc. materially breaches the Conflict of Interest paragraph in Article 2 (Nature of Relationship Between Nova Scotia and WCI, Inc.) of the Agreement; (5) WCI, Inc., prior to or after executing the Agreement, makes a material misrepresentation or omission or provides materially inaccurate information to Nova Scotia; or (6) WCI, Inc.’s acts or omissions constitute a substantial failure of performance; and the above rights of termination are in addition to all other rights of termination available at law, or events of termination by operation of law. In terminating the Agreement under the terms set forth in this Section 7.1, Nova Scotia must comply with the requirements of the termination and withdrawal procedures set forth in Exhibit C attached to this Agreement. If the Contingencies (as that term is defined in Exhibit C) are not yet satisfied and until the Contingencies are satisfied, the ninety (90) day period set forth in this Section 7.1 shall be a period of fourteen
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Immediate Termination of Agreement. County may terminate this Agreement 23 immediately, if Contractor’s Legal Entity Agreement with County terminates. Immediate 24 termination hereunder shall be effected by delivery to Contractor of a written “Notice of 1 Immediate Termination” which shall be effective upon receipt of such “Notice of Immediate 2 Termination.”
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Immediate Termination of Agreement. AliWood may terminate this Agreement immediately by giving written notice to the Customer if the Customer: a) goes into liquidation; b) has an administrator or a receiver to its property or assets appointed; c) is made bankrupt; d) materially breaches its obligations under this Agreement where such breach is either not capable of remedy or, if capable of remedy, the Customer fails to remedy such breach within 14 days after receipt of written notice of such breach by AliWood; or e) engages in any conduct (which includes any conduct by employees of the Customer) which in the opinion of AliWood is or might be damaging to the reputation of AliWood or any of the Products and orServices.
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Immediate Termination of Agreement. Partswise may terminate this Agreement immediately by giving written notice to the Customer if the Customer: a) goes into liquidation; b) has an administrator or a receiver to its property or assets appointed; c) is made bankrupt; d) breaches its obligations under this Agreement where such breach is either not capable of remedy or, if capable of remedy, the Customer fails to remedy such breach within 14 days after receipt of written notice of such breach by Partswise; or e) engages in any conduct (which includes any conduct by employees of the Customer) which in the opinion of Partswise is or might be damaging to the reputation of Partswise or any of the Products and or Services.
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Immediate Termination of Agreement. Upon the occurrence of any of the following events, the Resident/Fellow will be immediately terminated from the Residency/Fellowship Program and this Agreement shall be terminated: 1) If the Resident/Fellow’s license to practice medicine in the State of Kansas is revoked or not kept current. 2) If the Resident/Fellow’s DEA license is revoked or not kept current. 3) If the Resident/Fellow who is a foreign citizen is denied Certificate of Eligibility for Exchange Visitors (J-1 Visa) status. 4) If the Resident/Fellow is excluded from participation in any federal healthcare program. 5) Such other cause that, at the discretion of the Program Director, makes it advisable, in accordance with the Institutional Policy and Procedure for GME Manual in effect during the term of this Agreement, and any renewal thereof. The listing of the mandatory reasons for termination included in this subparagraph does not exclude or eliminate the permissive examples for termination listed in the Institutional Policy and Procedure for GME Manual in effect during the term of this Agreement and any renewal thereof. Resident/Fellow has the right to appeal immediate termination pursuant to the Grievance Procedure.
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Immediate Termination of Agreement. ‌ The City may immediately terminate the Agreement upon giving notice to the Consultant where: (a) the Consultant is adjudged bankrupt, makes a general assignment for the benefit of its creditors or a receiver is appointed on account of the Consultant’s insolvency; (b) the Consultant breaches any provision in Article 6 - Confidentiality and FOIP; (c) the Consultant breaches the Conflict of Interest provision in Article 3 - Nature of Relationship Between The City and Consultant; (d) the Consultant, prior to or after executing the Agreement, makes a material misrepresentation or omission or provides materially inaccurate information to The City; (e) the Consultant undergoes a change in control which adversely affects the Consultant’s ability to satisfy some or all of its obligations under the Agreement; (f) the Consultant assigns the whole or any part of the Agreement without first obtaining the written approval of The City; or (g) the Consultant’s acts or omissions constitute a substantial failure of performance. The above rights of termination are in addition to all other rights of termination available at law, or events of termination by operation of law.
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Immediate Termination of Agreement. Either party may terminate this Agreement without notice if the other party commits a serious breach of this Agreement, including serious misconduct by ODBA or Athlead or an employee, contractor or volunteer of either party.
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Immediate Termination of Agreement. Nova Scotia may immediately terminate the Agreement upon giving fourteen
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Immediate Termination of Agreement. Parks ▇▇▇▇▇▇▇▇ ▇▇▇ terminate the Agreement immediately by written notice to the Service Provider if: 22.1.1 the Service Provider, or any of Service Provider's Members and Agents, engage in any conduct that ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ determines, in its absolute discretion, causes or may cause imminent and serious risk to the health or safety of a person in or about the Site(s) associated with the Park Services, or to the reputation of ▇▇▇▇▇ ▇▇▇▇▇▇▇▇;
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Related to Immediate Termination of Agreement

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • Termination of Agreement for Cause 5.1.1. If A/E breaches any of the covenants or conditions of this AGREEMENT, COUNTY shall have the right to terminate this AGREEMENT upon ten (10) days written notice prior to the effective day of termination. 5.1.2. A/E shall have the opportunity to cure the alleged breach prior to termination. 5.1.3. In the event the alleged breach is not cured by A/E prior to termination, all work performed by A/E pursuant to this AGREEMENT, which work has been reduced to plans or other documents, shall be made available to COUNTY.

  • Term; Termination of Agreement This Agreement shall continue in force for a period of one year from the date hereof, subject to an unlimited number of successive one-year renewals upon mutual consent of the parties. It is the duty of the Independent Directors to evaluate the performance of the Advisor annually before renewing the Agreement, and each such renewal shall be for a term of no more than one year.

  • Early Termination of Agreement This agreement may be terminated at any time upon a thirty (30) day written notice from either party, and without fault or claim for damages by either party.

  • Termination of Agreements (a) Except as set forth in Section 2.7(b), in furtherance of the releases and other provisions of Section 4.1, each of UTC, Carrier and Otis and each member of their respective Groups hereby terminate any and all agreements, arrangements, commitments or understandings, whether or not in writing, between or among a Party and/or any member of such Party’s Group, on the one hand, and another Party and/or any member of such other Party’s Group, on the other hand, effective as of the applicable Effective Time. No such terminated agreement, arrangement, commitment or understanding (including any provision thereof that purports to survive termination) shall be of any further force or effect after the Effective Time. Each Party shall, at the reasonable request of the other Party, take, or cause to be taken, such other actions as may be necessary to effect the foregoing. (b) The provisions of Section 2.7(a) shall not apply to any of the following agreements, arrangements, commitments or understandings (or to any of the provisions thereof): (i) this Agreement and the Ancillary Agreements (and each other agreement or instrument expressly contemplated by this Agreement or any Ancillary Agreement to be entered into by any of the Parties or any of the members of their respective Groups or to be continued from and after the Effective Time); (ii) any agreements, arrangements, commitments or understandings listed or described on Schedule 2.7(b)(ii); (iii) any agreements, arrangements, commitments or understandings to which any Third Party is a party thereto (including any Shared Contracts); (iv) any intercompany accounts payable or accounts receivable accrued as of the Effective Time that are reflected in the books and records of the Parties or otherwise documented in writing in accordance with past practices, which shall be settled in the manner contemplated by Section 2.7(c); (v) any agreements, arrangements, commitments or understandings to which any non-wholly owned Subsidiary of UTC, Carrier or ▇▇▇▇, as the case may be, is a party (it being understood that directors’ qualifying shares or similar interests will be disregarded for purposes of determining whether a Subsidiary is wholly owned); and (vi) any agreements for the sale, lease, construction or receipt of goods, property or services purchased, obtained or used in the ordinary course of business by a member of any Group from a member of another Group prior to the Effective Time. (c) All of the intercompany accounts receivable and accounts payable between any member of a Party’s Group, on the one hand, and any member of another Party’s Group, on the other hand, outstanding as of the Effective Time shall, as promptly as practicable after the Effective Time, be repaid, settled or otherwise eliminated in a manner as determined by UTC in its sole and absolute discretion (acting in good faith).