NOTICE OF IMMEDIATE TERMINATION Clause Samples

The NOTICE OF IMMEDIATE TERMINATION clause allows one party to end the agreement instantly upon providing notice to the other party, without waiting for a standard notice period. Typically, this clause is invoked in situations involving serious breaches, insolvency, or other critical events that justify immediate action. Its core function is to provide a clear and enforceable mechanism for swiftly ending contractual obligations when urgent circumstances arise, thereby protecting the interests of the non-breaching or affected party.
NOTICE OF IMMEDIATE TERMINATION. If this Agreement is terminated by COST CUTTERS pursuant to Article 9.5 above, COST CUTTERS will give the FRANCHISEE written notice that this Agreement is terminated, and in that event, unless applicable law provides to the contrary, the effective date of termination of this Agreement will be the day such written notice is given.
NOTICE OF IMMEDIATE TERMINATION. If this Agreement is terminated by CITY LOOKS pursuant to Article 9.5 above, CITY LOOKS will give the FRANCHISEE written notice that this Agreement is terminated, and in that event, unless applicable law provides to the contrary, the effective date of termination of this Agreement will be the day such written notice is given.
NOTICE OF IMMEDIATE TERMINATION. The City will seek immediate evictions and the Tenant will not be afforded a grievance procedure hearing for: (1) Any criminal activity that threatens the health, safety or right to peaceful enjoyment of the premises of other resident or employees of the PHA; (2) Any violent or drug-related criminal activity on or off the premises; or (3) Any criminal activity that resulted in felony confiction of a household member. (24CFR §966.51). The Department of Housing and Urban Development (HUD) has determined that Arizona State Landlord/Tenant Law provides the necessary pre-eviction hearing and other elements of due process. Therefore, criminal activit y evictions are excluded from this grievance process. (24CFR §966.51; Glendale ACOP, Section 27.1.C.)
NOTICE OF IMMEDIATE TERMINATION. Notwithstanding anything contained in this Addendum or the Agreement to the contrary, the Agreement and this Addendum may be terminated immediately if IA is sanctioned by or excluded from participation in any governmental services or health care programs.

Related to NOTICE OF IMMEDIATE TERMINATION

  • Immediate Termination The Funder may terminate this Agreement immediately upon giving Notice to the HSP if: (1) the HSP is unable to provide or has discontinued the Services in whole or in part or the HSP ceases to carry on business; (2) the HSP makes an assignment, proposal, compromise, or arrangement for the benefit of creditors, or is petitioned into bankruptcy, or files for the appointment of a receiver; (3) the Funder is directed, pursuant to the Act, to terminate this Agreement by the Minister or the Director; (4) the Home has been closed in accordance with the Act; or (5) as provided for in section 4.5, the Funder does not receive the necessary funding from the Ministry.

  • Notice of Voluntary Termination Promptly upon the filing thereof, copies of any Form 5310, or any successor or equivalent form to Form 5310, filed with the PBGC in connection with the termination of any Plan.

  • 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.

  • Notice of Termination Events Neither any Purchaser Agent nor the Administrator shall be deemed to have knowledge or notice of the occurrence of any Termination Event or Unmatured Termination Event unless the Administrator and the Purchaser Agents have received notice from any Purchaser, the Servicer or the Seller stating that a Termination Event or an Unmatured Termination Event has occurred hereunder and describing such Termination Event or Unmatured Termination Event. In the event that the Administrator receives such a notice, it shall promptly give notice thereof to each Purchaser Agent whereupon each such Purchaser Agent shall promptly give notice thereof to its related Purchasers. In the event that a Purchaser Agent receives such a notice (other than from the Administrator), it shall promptly give notice thereof to the Administrator. The Administrator shall take such action concerning a Termination Event or an Unmatured Termination Event as may be directed by the Majority Purchaser Agents (unless such action otherwise requires the consent of all Purchasers, the LC Bank and/or the Required LC Participants), but until the Administrator receives such directions, the Administrator may (but shall not be obligated to) take such action, or refrain from taking such action, as the Administrator deems advisable and in the best interests of the Purchasers and the Purchaser Agents.

  • 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.