Means of Termination Sample Clauses

The Means of Termination clause defines the specific methods or procedures by which a contract or agreement can be brought to an end. Typically, this clause outlines the acceptable grounds for termination, such as mutual agreement, breach of contract, expiration of a fixed term, or the occurrence of certain events. For example, it may specify that either party can terminate the agreement with written notice or that termination is automatic upon completion of a project. Its core practical function is to provide clear guidance on how and when the contractual relationship may be concluded, thereby reducing uncertainty and potential disputes between the parties.
Means of Termination. Subject to the terms and conditions hereof, Executive's employment shall terminate: (a) At the discretion of either party at any time for any reason; (b) At the election of the Company for Cause, as such term is defined herein; or (c) Upon the death or permanent disability of Executive.
Means of Termination. This Agreement may be terminated at any time prior to the Closing in the following ways: (i) by the mutual consent in writing of the Company and SEI; (ii) by SEI if there has been a material violation or breach by the Company of any of the agreements, representations or warranties contained in this Agreement which has not been waived by SEI in writing, or if any of the conditions set forth in Sections 8 and 10 hereof have not been satisfied within six (6) months of the date hereof or have not been waived by SEI in writing; (iii) by the Company if there has been a material violation or breach by SEI of any of the agreements, representations or warranties contained in this Agreement which has not been waived by the Company in writing, or if any of the conditions set forth in Sections 8 and 9 hereof have not been satisfied within six (6) months of the date hereof or have not been waived by the Company in writing; or
Means of Termination. This Agreement may be terminated by either party upon seven (7) days written notice should the other party fail to perform in accordance with the terms of this Agreement; provided, however, the Associate shall not terminate this Agreement for non-payment if the University initiates the payment process by preparing, executing and submitting a voucher for all reasonably undisputed amounts due to the Associate within ten (10) days of receipt of the Associate's written notice to terminate. This Agreement may be terminated by the University without cause upon fifteen (15) days written notices to the Associate. This Agreement may be terminated at any time upon the mutual consent of the University and the Associate.
Means of Termination. This Agreement shall terminate and the Department shall be dissolved as follows: 1. Upon mutual agreement of the County Boards, in which event the termination shall be effective at any time established by mutual agreement; or 2. Upon provision by one county of a written notice to the other county at least one year prior to commencement of the fiscal year at which the termination takes effect pursuant to Section 251.15(3); or 3. Upon the breach of this agreement by one county, including but not limited to non-payment, and the breaching county’s failure to correct such breach within 30 days’ notice.
Means of Termination. .1 This Agreement may be terminated by either party upon 7 days written notice should the other party fail to perform in accordance with the terms of this Agreement; provided, however, the A/E shall not terminate this Agreement for non-payment if the Owner initiates the payment process by preparing, executing, and submitting a voucher for all reasonably undisputed amounts due to the A/E within 10 days of receipt of the A/E’s written notice to terminate.‌‌ .2 This Agreement may be terminated by the Owner without cause upon 15 days written notice to the A/E. .3 This Agreement may be terminated at any time upon the mutual written consent of the Owner and the A/E.
Means of Termination. This Agreement may be terminated as follows: (i) either party may terminate this Agreementfor cause” by giving the other party thirty (30) days prior written notice if the notified party has breached any material provision of this Agreement and does not cure such breach within fifteen (15) days following its receipt of written notice from the non-breaching party describing such breach in reasonable detail; or (ii) either party may terminate this Agreement “without cause,” irrespective of breach and without right of cure, upon sixty (60) days prior notice.
Means of Termination. This Agreement may be terminated at any time prior to the Closing in the following ways: (a) by the mutual consent in writing of the Company and the Buyer; (b) by Buyer if any of the conditions set forth in Section 8.2 hereof have not been satisfied within thirty (30) days of the date hereof or have not been waived by Buyer in writing; or (c) by the Company if any of the conditions set forth in Sections 8.1 hereof have not been satisfied within six (6) months of the date hereof or have not been waived by the Seller in writing.
Means of Termination. This Agreement may be terminated at any time prior to the Closing in the following ways: (i) by the mutual consent in writing of the Shareholders and SEI; (ii) by SEI if (A) there has been a material violation or breach by the Shareholders of any of the agreements, representations or warranties contained in this Agreement which has not been waived by SEI in writing, (B) any of the conditions set forth in Sections 8 and 10 hereof have not been satisfied within six (6) months of the date hereof or have not been waived by SEI in writing, or (C) the Transfer will not qualify for accounting by SEI as a "pooling of interests" under generally accepted accounting principles and under the applicable rules and regulations of the SEC; or (iii) by the Shareholders if there has been a material violation or breach by SEI of any of the agreements, representations or warranties contained in this Agreement which has not been waived by the Shareholders in writing, or if any of the conditions set forth in Sections 8 and 9 hereof have not been satisfied within six (6) months of the date hereof or have not been waived by the Shareholders in writing.
Means of Termination. Subject to the terms and conditions hereof, Executive’s employment shall terminate: (a) At the discretion of either party at any time for any reason; (b) At the election of the Company for Cause, as such term is defined herein; or (c) Upon the death or permanent disability of Executive. As used in this agreement, the term “permanently disabled” shall mean the inability of the Executive, due to a physical or mental disability, for a period of 90 days, whether or not consecutive, during a 360-day period, to perform the essential functions of the job, including the services contemplated under this Agreement, with or without reasonable accommodations. A determination of permanent disability shall be made by a physician satisfactory to both the Executive and the Company, provided that, if the Executive and the Company do not agree on a physician, the Executive and the Company shall each select a physician and these two together shall select a third physician, whose determination as to permanent disability shall be binding on all parties.
Means of Termination. This Agreement may be terminated at any time prior to the Closing, or after the Closing but before the release from escrow of any portion the Purchase Price pursuant to Section 2 of this Agreement, in the following ways: (i) by the mutual consent in writing of the Members and PFC; (ii) by PFC if (A) there has been a material violation or breach by the Members of any of the agreements, representations or warranties contained in this Agreement which has not been waived by PFC in writing, (B) any of the conditions set forth in Sections 8 and 10 hereof have not been satisfied within six (6) months of the date hereof or have not been waived by PFC in writing, or (C) breach by any Member of the terms and conditions of any employment or non-compete agreements between Company, PFC and Member. (iii) by the Members if (A) there has been a material violation or breach by PFC of any of the agreements, representations or warranties contained in this Agreement which has not been waived by the Members in writing, (B) if any of the conditions set forth in Sections 8 and 9 hereof have not been satisfied within six (6) months of the date hereof or have not been waived by the Members in writing, (C) foreclosure of any lien Member might hold on Shares of Company.