Process for Termination Sample Clauses
The Process for Termination clause outlines the specific steps and requirements that must be followed when ending an agreement before its natural expiration. Typically, this clause details how notice must be given, the required notice period, and any formalities such as written communication or delivery methods. By clearly defining the procedure for termination, this clause ensures both parties understand their obligations and rights, reducing the risk of disputes and providing a structured, predictable way to end the contractual relationship if necessary.
Process for Termination. If either party desires to terminate the Agreement prior to the End Date, that party shall provide at least eighteen (18) months’ advance written notice of termination prior to termination. If neither party gives such notice, then the contract shall continue in effect until such notice is given, or until a new contract has been negotiated. If a notice of termination is given, the parties shall work together to develop a transition plan, which shall be established no later than one hundred eighty (180) days prior to the effective date of the termination and shall provide for an orderly transition of police service responsibilities from the Sheriff’s Department to the City.
Process for Termination. (a) If a party terminates this MPA under clause 21.1 or 21.2, then that party will provide the other party, as soon as practicable, with written notice of:
(i) the termination;
(ii) the reasons for the termination; and
(iii) the day the termination takes effect.
Process for Termination. If a Party materially breaches its obligations under this Agreement, then the Non-Breaching Party may give written notice to the Breaching Party identifying such alleged material breach in sufficient detail to put the Breaching Party on notice of such material breach, and the Breaching Party will cure such material breach within [***] after delivery of such notice (the “Cure Period”). Any termination of this Agreement pursuant to this Section 12.4.2 (Process for Termination) will become effective at the end of the Cure Period, unless the Breaching Party has cured any such material breach prior to the expiration of such Cure Period or, if such material breach is not susceptible to cure within the Cure Period, then the Cure Period will be extended so long as (a) the Breaching Party has provided to the Non-Breaching Party a written plan that is reasonably calculated to effect a cure of such material breach within the original Cure Period; (b) such plan is accepted by the Non-Breaching Party (such acceptance not to be unreasonably withheld, conditioned, or delayed); and (c) the Breaching Party commits to and diligently carries out such plan as provided to the Non-Breaching Party; provided that in no event will the Cure Period be extended to more than a total of [***]. The right of either Party to terminate this Agreement as provided in this Section 12.4.2 (Process for Termination) will not be affected in any way by such Party’s waiver of or failure to take action with respect to any previous breach under this Agreement.
Process for Termination. (a) If a party terminates this MSA under clause 20.1 or 20.2, then that party will provide the other party, as soon as practicable, with written notice of:
(i) the termination;
(ii) the reasons for the termination; and
(iii) the day the termination takes effect.
Process for Termination. In the event of termination by either CTI or Spectrum pursuant to Section 10.1, written notice thereof shall be given to the other party and the transactions contemplated by this Agreement shall be terminated, without further action by any party hereto. If the transactions contemplated by this Agreement are terminated as provided herein:
(i) Spectrum shall return to CTI all documents and other material received from CTI relating to the Product and the Conveyed Assets and to the transactions contemplated hereby, whether obtained before or after the Agreement Date; and
(ii) all confidential information received by Spectrum with respect to CTI, the Product or the Conveyed Assets shall remain subject to all contractual confidentiality and non-disclosure obligations in effect between Spectrum and CTI on the date hereof, which contractual obligations shall remain in full force and effect notwithstanding the termination of this Agreement.
Process for Termination. If the material breach is so cured within the remainder of the cure period, whether without or after the procedure set forth in Section 12.3(b), then this Agreement will remain in full force and effect. If the material breach is not cured within the remainder of the cure period or settled pursuant to Section 12.3(b), then, within thirty (30) days after the end of such cure period, the Non-Breaching Party shall send written notice to the Breaching Party advising of the termination of this Agreement in the applicable country in accordance with this Section 12.3(c).
Process for Termination. Either party may terminate the agreement for any reason as of the end of any calendar year, by giving written notice of intent to terminate no later than October 1st in any year. The parties acknowledge that an extension of this agreement into 2022 and beyond may include a price increase, and if so, the County shall notify the Fire District 90 days prior to the implementation of such price increase.
Process for Termination. This document terminates where:
(a) either:
(i) the Development Approval does not have effect or ceases to have effect under the Planning Act;
(ii) the Development has been completed and the responsibilities under this document have been performed and fulfilled; or
(iii) the parties agree:
(A) that the performance and fulfilment of this document has been frustrated by an event outside of the control of the parties; and
(B) to terminate this document;
(b) a party gives a Notice to each other party stating that an event specified in clause 12.1(a) has occurred and that the party giving the Notice proposes to terminate this document; and
(c) at a date which is 15 Business Days after the giving of the Notice specified in clause 12.1(b), the party giving the Notice gives a further Notice to each other party which states that this document is terminated.
Process for Termination. In the event any of the required conditions are not satisfied, the Agreement may be terminated, by either party delivering thirty (30) days written notice to the other. The termination notice shall specify the date on which the Agreement shall terminate.
Process for Termination. If the material breach is so cured within the remainder of the cure period, whether without or after the procedure set forth in Section 12.3(b) (Process for Disputes), then this Agreement will remain in full force and effect. If (i) the material breach is not cured within the remainder of the cure period or settled pursuant to Section 12.3(b) (Process for Disputes) and (ii) OPKO is the Non-Breaching Party, then, within [***] days after the end of such cure period, the Non-Breaching Party will send written notice to the Breaching Party advising of the termination of this Agreement with respect to all or a portion of the Territory, as the case may be, in accordance with this Section 12.3(c) (Process for Termination), or if CAMP4 is the Non-Breaching Party, advising OPKO of its election provided in this Section 12.3(c) (Process for Termination), and such termination (or such other election, if applicable) will be effective upon the Breaching Party’s receipt of such written notice. Notwithstanding any provision to the contrary set forth in this Agreement, if an uncured material breach by CAMP4 relates to one or more countries (but not all countries) and one or more Licensed Products (but not all Licensed Products), then except as provided in the subsequent provisos of this Section 12.3(c) (Process for Termination), OPKO will not have the right to terminate this Agreement in its entirety, but will only have the right to terminate this Agreement with respect to the countries to which such material breach relates. Any region or country (as applicable) with respect to which this Agreement is terminated will be referred to herein as a “Terminated Region” (and if this Agreement is terminated in its entirety, then all countries will be Terminated Regions) and any Licensed Product with respect to which this Agreement is terminated will be referred to herein as a “Terminated Product” (and if this Agreement is terminated in its entirety, then all Licensed Products will be Terminated Products).