Rescission or Termination Clause Samples

Rescission or Termination. This Agreement and the Authority may be terminated by a Supermajority Vote of the Members except during the outstanding term of any Authority indebtedness. Nothing in this Agreement shall prevent the Members from withdrawing as provided in this Agreement, or from entering into other joint exercise of power agreements.
View SourceView Similar (5)
Rescission or Termination. A Member Agency may withdraw from this Agreement pursuant to section 9.04. The Authority shall wind up its affairs and dissolve upon withdrawal by the second-to-last Member Agency to do so. The Authority may wind up its affairs and dissolve and the Authority terminated by unanimous written consent of the Member Agencies. Any such dissolution shall be consistent with this section 9. This Agreement shall terminate with dissolution of the Authority except as respects insurance and indemnities which the Board may identify to survive that dissolution.
View SourceView Similar (3)
Rescission or Termination. This Agreement may be rescinded and the Agency terminated by written consent of all Members; provided, however, there are no outstanding bonds or other debts or lease obligations of the Agency.
View SourceView Similar (2)
Rescission or Termination. This Agreement may be rescinded and the Authority terminated by unanimous written consent of the Board; provided that no such termination or rescission shall occur so long as the Authority has any outstanding obligations including, but not limited to, outstanding revenue bonds, or so long as the Development Lease is in effect.
View SourceView Similar (2)
Rescission or Termination. This Agreement and the Regional Authority may be terminated by two-thirds written consent of the Members except during the outstanding term of any Regional Authority indebtedness. Nothing in this Agreement shall prevent the Members from withdrawing as provided in this Agreement, or from entering into other joint exercise of power agreements.
View Source
Rescission or Termination. The Company shall be entitled to terminate the Order upon the occurrence of any of the events or under the circumstances described in this section: a) Rescission without cause The Company shall be entitled to rescind the Order, either totally or partially, , without the need to ground such decision and this shall not entitle the Supplier to claim damages or any kind of compensation in respect thereof. The rescission shall be effective thirty
View Source
Rescission or Termination. This Agreement may be rescinded and the Agency terminated by unanimous written consent of the Parties. Nothing in this Agreement shall prevent the Parties from entering into other joint exercise of power agreements regarding Regional Water Control problems.
View Source
Rescission or Termination. 49. If the Court does not approve this Settlement Agreement or any material part hereof, or if it is set aside on appeal, then this Settlement Agreement will be deemed terminated. A modification or reversal on appeal of any award from the Settlement Fund granted by the Court to pay service awards or attorneys’ fees, or to pay or reimburse expenses, shall not be deemed to disapprove or modify all or a part of the terms of this Settlement Agreement and shall not be grounds for termination. 50. If the number of persons within the Class definition who request exclusion from the Class exceeds 5,000, then Google shall have the option to rescind this Settlement Agreement in its entirety (except as hereafter provided in this Section) by written notice to the District Court and to counsel for the Plaintiffs filed and served within ten business days of the date that the Class Administrator informs Google the total number of requests for exclusion that have been received. 51. If the Settlement Agreement is terminated or rescinded as provided for in this Section, then the balance of the Settlement Fund shall be returned to Google, but only after payment from the Settlement Fund of all expenses incurred with Court approval. No Court-approved expenses paid from the Settlement Fund shall be returned to Google. 52. If the Settlement Agreement is terminated or rescinded as provided for in this Section, then the Parties shall be restored to their respective positions in the Action as of the Execution Date. In that event, the Action shall proceed as if this Settlement Agreement had never been executed and this Settlement Agreement, and representations made in conjunction with this Settlement Agreement, may not be used in the Action or otherwise for any purpose. Google and Plaintiffs expressly reserve all rights if the Settlement Agreement does not become effective or if it is terminated or rescinded pursuant to this Section. 53. Other than via termination or rescission as described in this Section, in no event shall any portion of the Settlement Fund revert to Google.
View Source

Related to Rescission or Termination

  • Modification or Termination The Loan Documents may only be modified or terminated by a written instrument or instruments intended for that purpose and executed by the party against which enforcement of the modification or termination is asserted. Any alleged modification or termination which is not so documented shall not be effective as to any party.

  • Suspension or Termination In accordance with 24 CFR 85.43, the Grantee may suspend or terminate this Agreement if the Recipient materially fails to comply with any terms of this Agreement, which include (but are not limited to), the following: 1. Failure to comply with any of the rules, regulations or provisions referred to herein, or such statutes, regulations, executive orders, and HUD guidelines, policies or directives as may become applicable at any time; 2. Failure, for any reason, of the Recipient to fulfill in a timely and proper manner its obligations under this Agreement; 3. Ineffective or improper use of funds provided under this Agreement; or 4. Submission by the Recipient to the Grantee reports that are incorrect or incomplete in any material respect. In accordance with 24 CFR 85.44, this Agreement may also be terminated for convenience by either the Grantee or the Recipient, in whole or in part, by setting forth the reasons for such termination, the effective date, and, in the case of partial termination, the portion to be terminated. However, if in the case of a partial termination, the Grantee determines that the remaining portion of the award will not accomplish the purpose for which the award was made, the Grantee may terminate the award in its entirety.

  • Expiration or Termination A. Owner shall have the right, upon thirty (30) days prior written notice to Operator, to terminate this Agreement in its entirety, upon or after the happening of one or more of the following events, if said event or events shall then be continuing: (i) If Operator shall make a general assignment for the benefit of creditors; or (ii) If Operator shall file a voluntary petition in bankruptcy or a petition seeking their reorganization or the readjustment of their indebtedness under the Federal Bankruptcy laws or under similar State laws; or (iii) If an involuntary petition in bankruptcy shall be filed against Operator and Operator is thereafter adjudicated a bankruptcy thereunder; or (iv) If Operator shall consent to the appointment of a receiver, trustee, or liquidator of all or substantially all of the property of Operator; or (v) If Operator shall fail to pay the SASO Fee or other money payments required by this Agreement and such failure shall not be remedied within thirty (30) days following receipt by Operator of written demand from Owner; or (vii) If Operator shall default in fulfilling any of the terms, covenants or conditions to be fulfilled by them hereunder and shall fail to commence with due diligence the remedying of said default within thirty (30) days following receipt by Operator of written demand from Owner to do so. B. Operator shall have the right, after thirty (30) days written notice to Owner, to terminate or suspend this Agreement upon the happening of one or more of the following events, if said event or events shall then be continuing: (i) The issuance by any court of competent jurisdiction of an injunction, order or decree preventing or restraining the use of the Airport for normal airport purposes or the use of any part thereof which may be used by Operator and which is necessary for Operator's operations of the Airport, which remains in force for a period of at least ninety (90) consecutive days. (ii) If Owner shall default in fulfilling any of the terms, covenants or conditions to be fulfilled by it under this Agreement and shall fail to cure said default within thirty (30) days following receipt of written demand from Operator to do so; or (iii) If all or a mutual part of the Airport or Airport facilities shall be destroyed by fire, explosion, earthquake, other casualty, or acts of God or the public enemy; (iv) If the United States Government or any of its agencies shall occupy the Airport or any substantial part thereof to such an extent as to interfere materially with Operator’s operations, for a period of thirty

  • Cancellation or Termination The Provider is the responsible party for honoring cancellation requests. You may cancel this Service Agreement at any time and is non-cancelable by us (send your written request to us at ▇▇▇▇▇▇▇▇▇▇▇▇▇@▇-▇▇.▇▇▇), except for: 1. Fraud or material misrepresentation concerning any covered item or any other facts related to this Service Agreement.

  • Contract Renegotiation, Suspension, or Termination Due to Change in Funding If the funds DSHS relied upon to establish this Contract or Program Agreement are withdrawn, reduced or limited, or if additional or modified conditions are placed on such funding, after the effective date of this contract but prior to the normal completion of this Contract or Program Agreement: a. At DSHS’s discretion, the Contract or Program Agreement may be renegotiated under the revised funding conditions. b. At DSHS’s discretion, DSHS may give notice to Contractor to suspend performance when DSHS determines that there is reasonable likelihood that the funding insufficiency may be resolved in a timeframe that would allow Contractor’s performance to be resumed prior to the normal completion date of this contract. (1) During the period of suspension of performance, each party will inform the other of any conditions that may reasonably affect the potential for resumption of performance. (2) When DSHS determines that the funding insufficiency is resolved, it will give Contractor written notice to resume performance. Upon the receipt of this notice, Contractor will provide written notice to DSHS informing DSHS whether it can resume performance and, if so, the date of resumption. For purposes of this subsubsection, “written notice” may include email. (3) If the Contractor’s proposed resumption date is not acceptable to DSHS and an acceptable date cannot be negotiated, DSHS may terminate the contract by giving written notice to Contractor. The parties agree that the Contract will be terminated retroactive to the date of the notice of suspension. DSHS shall be liable only for payment in accordance with the terms of this Contract for services rendered prior to the retroactive date of termination. c. DSHS may immediately terminate this Contract by providing written notice to the Contractor. The termination shall be effective on the date specified in the termination notice. DSHS shall be liable only for payment in accordance with the terms of this Contract for services rendered prior to the effective date of termination. No penalty shall accrue to DSHS in the event the termination option in this section is exercised.