Possible Termination Clause Samples

The Possible Termination clause defines the conditions under which a contract may be ended before its originally agreed-upon completion date. Typically, this clause outlines specific events, breaches, or notice requirements that would allow one or both parties to terminate the agreement, such as failure to perform obligations, insolvency, or mutual consent. Its core practical function is to provide a clear framework for ending the contractual relationship in certain situations, thereby managing risk and ensuring both parties understand their rights and obligations if early termination becomes necessary.
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Possible Termination. 4.2.11.1 If no appropriate causes or satisfactory explanation for the demonstrated unsatisfactory behaviour can be identified termination of employment may result.
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Possible Termination. If the Service Provider fails to remedy deficient service ICE identifies through inspection, ICE may terminate this Agreement without regard to the provisions of Articles VII and X.
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Possible Termination. An employee who is absent for three (3) consecutive working days for unexcused absence (by way of example, but not limited to, incarceration) or without notifying the company, will be dropped from the payroll as a voluntary quit, subject to showing just cause through the grievance and arbitration procedure. Any combination of absences, late arrivals, or early dismissals totaling three (3) occurrences within the first ninety (90) days of employment is considered cause for termination. Therefore, the first occurrence will result in verbal warning, the second occurrence will result in a written warning and the third occurrence will result in termination.
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Possible Termination. Certain proven offenses may constitute immediate termination (F.S. Statutes and SDIRC Board Rules).
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Possible Termination. By Skylands, if its Board of Directors so determines at any time during the ten-day period commencing two days after the Determination Date, if both of the following conditions are satisfied: (1) the Average Closing Price shall be less than the product of .75 and the Starting Price; and (2) (i) the number obtained by dividing the Average Closing Price on such Determination Date by the Starting Price shall be less than (ii) the Index Ratio. Subject, however, to the following: If Skylands elects to exercise its termination right pursuant to the immediately preceding sentence, it shall give prompt written notice to Bancorp; provided that such notice of election to terminate may be withdrawn at any time within the aforementioned ten-day period and provided further that during such ten-day period the parties may mutually agree on an adjustment to the Skylands Exchange Ratio, whereupon such election to terminate shall be without force and effect. For purposes of this Section 7.01(G), the following terms shall have the meanings indicated:
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Related to Possible Termination

  • Other Termination This Agreement may be terminated and the transactions contemplated hereby may be abandoned at any time prior to the Disaffiliation Date by either Party if: (a) prior to the Disaffiliation Date, there has been a material breach of any representation, warranty, covenant or agreement on the part of a Party set forth in this Agreement; provided, however, that, if such breach is curable by the breaching Party through the exercise of its commercially reasonable efforts and for so long as the breaching Party continues to exercise such commercially reasonable efforts (but in no event longer than thirty (30) days after the non-breaching Party’s written notification to the breaching Party of the occurrence of such breach), the non-breaching Party may not terminate this Agreement; or, (b) if all the conditions set forth in this Agreement have not been satisfied or waived on or before the Disaffiliation Date, unless such satisfaction has been frustrated or made impossible by any act or failure to act of non-breaching Party.

  • Agreement Termination In the event Contractor is unable to fulfill its responsibilities under this Agreement for any reason whatsoever, including circumstances beyond its control, County may terminate this Agreement in whole or in part in the same manner as for breach hereof.

  • 1Termination This Agreement may be terminated by any Purchaser, as to such Purchaser’s obligations hereunder only and without any effect whatsoever on the obligations between the Company and the other Purchasers, by written notice to the other parties, if the Closing has not been consummated on or before the fifth (5th) Trading Day following the date hereof; provided, however, that no such termination will affect the right of any party to ▇▇▇ for any breach by any other party (or parties).