Notice of Conditional Election to Terminate Sample Clauses

Notice of Conditional Election to Terminate. Extended Relief Event or Extended Permitted Closure 203 20.2.2 Notice of Election to Terminate – Commercially- Unreasonable Insurance Availability 204 20.2.3 Developer Options upon IFA Notice 204 20.2.4 IFA Options upon Developer Notice 205 20.2.5 Unconditional Right to Terminate 206 20.2.6 No Waiver 206 20.2.7 Concurrent Notices 206 20.2.8 Early Termination Date and Amount 206 20.3 Termination for Developer Default 206 20.3.1 Developer Defaults Triggering IFA Termination Rights 206 20.3.2 Compensation to Developer 207 20.3.3 Finality 207 20.4 Termination for IFA Default, Suspension of Work or Delayed Notice to Proceed 207 20.5 Termination by Court Ruling 208 20.6 Termination for Failure of Financial Close 209 20.7 Termination Procedures and Duties 210 20.7.1 Performance of Work Pending Early Termination Date 210 20.7.2 Transition Plan 210 20.7.3 Relinquishment and Possession of Project 211 20.7.4 Continuance or Termination of Key Contracts Prior to Work Completion 211 20.7.5 [reserved] 212 20.7.6 Other Close-Out Activities 212 20.7.7 Compensation; Proration of Costs 214 20.8 Effect of Termination 214 20.8.1 Cessation of Developer’s Interest and Liens and Encumbrances 214 20.8.2 [reserved] 215 20.8.3 Contracts and Agreements 215 20.9 Liability after Termination; Final Release 215
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Notice of Conditional Election to Terminate. Extended Delay Events 142
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Notice of Conditional Election to Terminate. Either Party may deliver to the other Party written notice of its conditional election to terminate this Agreement and the Lease based on Relief Events (other than a Department Default, which is governed by Section 19.4.1) under the following circumstances: 19.2.1.1 One or more of the following have occurred: 1. A Relief Event has occurred during the Construction Period and the resulting Relief Event Delays exceed [270] days in the aggregate; 2. A Relief Event has occurred during the Operating Period and the period of time during which the Department is required to make payments as provided in Section 9.2.4 has expired; or
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Related to Notice of Conditional Election to Terminate

  • Election to Terminate If such condition or default continues for thirty (30) days after delivery of such notice, the non-breaching party may sue to enforce the terms of this Lease or may give notice of its election to terminate this Lease. Twenty (20) days after such termination notice, this Lease shall cease and terminate.

  • Notice to Terminate Notify Seller in writing, pursuant to § 24.1, that this Contract is terminated; or

  • Option to Terminate The Client and Contractor shall: (check one)

  • Termination Notice If either Party, having become entitled to do so, decides to terminate this Agreement pursuant to the preceding Clause 8.2 (a) (i) or 8.2 (a) (ii), it shall issue Termination Notice setting out: (i) in sufficient detail the underlying Force Majeure Event; (ii) the Termination Date which shall be a date occurring not earlier than 60 (sixty) days from the date of Termination Notice; (iii) the estimated Termination Payment including the details of computation thereof and; (iv) any other relevant information.

  • Termination for Cause with Notice to Cure Requirement Contractor may terminate this contract for the Department’s failure to perform any of its duties under this contract after giving the Department written notice of the failure. The written notice must demand performance of the stated failure within a specified period of time of not less than 30 days. If the demanded performance is not completed within the specified period, the termination is effective at the end of the specified period.