License Suspension or Revocation Clause Samples

The License Suspension or Revocation clause grants the authority to temporarily suspend or permanently revoke a party's license under specified circumstances, such as violations of agreement terms or legal requirements. In practice, this clause outlines the conditions that may trigger suspension or revocation, the process for notification, and any rights to appeal or remedy the breach. Its core function is to provide a clear mechanism for enforcing compliance and protecting the licensor's interests by allowing them to withdraw licensing rights if the licensee fails to meet agreed standards or obligations.
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License Suspension or Revocation. This Agreement will terminate immediately in the event of any order of suspension, revocation or termination of Broker's license by any regulatory authority.
License Suspension or Revocation. The expiration or cancellation of or refusal to renew by the issuing insurance regulatory authority any license, certificate or other regulatory approval required in order for a party to perform its duties under this Agreement.
License Suspension or Revocation. The expiration or cancellation of or refusal to renew by the Insurance regulatory authorities of any jurisdiction in which a Kiosk is located of any license, certificate or other regulatory approval required in order for Agent to perform its duties under this Agreement;
License Suspension or Revocation. Commissions shall not be Earned by the Independent Contractor for any sale and/or renewal of any Life Insurance Products made while the Independent Contractor’s (or, if applicable, the Independent Contractor’s Down- Line Agent’s) license or certification is suspended or after such license or certification has been terminated.
License Suspension or Revocation. An order of suspension or revocation of Manager’s license by any insurance regulatory authority; or
License Suspension or Revocation a. Temporary or Emergency suspension. 1. The city may temporarily suspend licensee’s services on any portion of the Public Beach that is approved for use in conjunction with a city approved special event, or for city to perform maintenance or repairs, or during periods of prohibitive measures imposed for high impact events pursuant to section 8-
License Suspension or Revocation. The expiration or -------------------------------- cancellation of or refusal to renew by a regulatory authority any license, certificate or other regulatory approval required in order for a party to perform its duties under this Agreement; or

Related to License Suspension or Revocation

  • TERMINATION OR SUSPENSION § 9.1 If the Owner fails to make payments to the Architect in accordance with this Agreement, such failure shall be considered substantial nonperformance and cause for termination or, at the Architect’s option, cause for suspension of performance of services under this Agreement. If the Architect elects to suspend services, the Architect shall give seven days’ written notice to the Owner before suspending services. In the event of a suspension of services, the Architect shall have no liability to the Owner for delay or damage caused the Owner because of such suspension of services. Before resuming services, the Owner shall pay the Architect all sums due prior to suspension and any expenses incurred in the interruption and resumption of the Architect’s services. The Architect’s fees for the remaining services and the time schedules shall be equitably adjusted. § 9.2 If the Owner suspends the Project, the Architect shall be compensated for services performed prior to notice of such suspension. When the Project is resumed, the Architect shall be compensated for expenses incurred in the interruption and resumption of the Architect’s services. The Architect’s fees for the remaining services and the time schedules shall be equitably adjusted. § 9.3 If the Owner suspends the Project for more than 90 cumulative days for reasons other than the fault of the Architect, the Architect may terminate this Agreement by giving not less than seven days’ written notice. § 9.4 Either party may terminate this Agreement upon not less than seven days’ written notice should the other party fail substantially to perform in accordance with the terms of this Agreement through no fault of the party initiating the termination. § 9.5 The Owner may terminate this Agreement upon not less than seven days’ written notice to the Architect for the Owner’s convenience and without cause. § 9.6 If the Owner terminates this Agreement for its convenience pursuant to Section 9.5, or the Architect terminates this Agreement pursuant to Section 9.3, the Owner shall compensate the Architect for services performed prior to termination, Reimbursable Expenses incurred, and costs attributable to termination, including the costs attributable to the Architect’s termination of consultant agreements. § 9.7 In addition to any amounts paid under Section 9.6, if the Owner terminates this Agreement for its convenience pursuant to Section 9.5, or the Architect terminates this Agreement pursuant to Section 9.3, the Owner shall pay to the Architect the following fees: