REVOCATION OF THE AGREEMENT Sample Clauses

The Revocation of the Agreement clause defines the conditions and procedures under which one or both parties may cancel or withdraw from the contract. Typically, this clause outlines the specific events, notice requirements, and any penalties or consequences associated with revoking the agreement, such as breach of terms, mutual consent, or failure to perform obligations. Its core practical function is to provide a clear and structured process for ending the contractual relationship, thereby reducing uncertainty and potential disputes if the agreement needs to be terminated before its natural conclusion.
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REVOCATION OF THE AGREEMENT. I understand I may revoke this Agreement within seven (7) days after I execute it by delivering a written notice of revocation to the appropriate recipient reflected in Section 19 here in prior to the expiration of such seven (7) day revocation period. I understand that if I revoke this Agreement, the Agreement shall be of no force or effect and I will not be entitled to receive the consideration. If, after the seven (7) day revocation period, I have not revoked the Agreement, I understand the Agreement will be effective and enforceable, provided that I have satisfied all other conditions stated in this Agreement.
REVOCATION OF THE AGREEMENT. 6.1 The Vendors mutually agree to revoke this Agreement and return all transferred shares in any of the following events: (a) in the event that due diligence review of the affairs of Dawa/Windsor discloses: (i) any material discrepancy in any representations made to the Purchaser about the status of Dawa/Windsor, and (ii) the board of Dawa/Windsor refuses at Closing to sequentially resign and appoint the new representatives to the Board of the Company; and (b) within a period of 2 years of closing, in the event that either Vendor desires to sell 10% or more to a third party, the other side will have first right of refusal under the same terms, if the first right of refusal is not exercised, then the sale to third party will require unanimous consent from the board of directors; otherwise, the transaction will be revoked; (c) within a period of 2 years of closing, if either Dawa or Windsor fails to reach its approved budget with a revenue and net income deviance of over 30%, Xin Net Corp. has the option to revoke the transaction; (d) force majeure - the transaction will be revoked.
REVOCATION OF THE AGREEMENT. 9.1 The Vendors and the Company agree to revoke this Agreement and return all and any part of the Purchase Price, including the Deposit, to the Purchaser in either or both of the following events: (a) in the event that the Purchaser's due diligence review of the affairs of the Company discloses: (i) any material discrepancy in any representations made to the Purchaser about the status of the Company, (ii) the Company is experiencing financial difficulties, (iii) there are lawsuits and/or other legal proceedings against the Company, or (iv) the board of the Company refuses at Closing to sequentially resign and appoint the Purchaser's representatives to the Board of the Company; and (b) the Company loses its ELSA certification prior to Closin▇.
REVOCATION OF THE AGREEMENT. Employee understands Employee may revoke this Agreement within seven (7) days following the date Employee executes it by delivering a written notice of revocation to ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ prior to the expiration of such seven (7) day revocation period. Employee further understands that this Agreement shall not become effective or enforceable until that revocation period expires without revocation. If, after the seven (7) day revocation period, Employee has not revoked the Agreement, Employee understands the Agreement will be effective and enforceable on the eighth (8th) day after this Agreement is signed (“Effective Date”).
REVOCATION OF THE AGREEMENT. AUTHORISATION
REVOCATION OF THE AGREEMENT. This agreement may be revoked in canceled by written notice delivered to Beauty With A Mission within 30 days of the signing of this agreement. If notice of revocation of this agreement is not received within 30 days of it signing, the right to cancel the agreement is forever waived.
REVOCATION OF THE AGREEMENT. Employee understands Employee may revoke this Agreement within seven (7) days following the date Employee executes it by delivering a written notice of revocation to ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ prior to the expiration of such seven (7) day revocation period. Employee further understands that this Agreement shall not become effective or enforceable until that revocation period expires without revocation. If, after the seven (7) day revocation period, Employee has not revoked the Agreement, Employee understands the Agreement will be effective and enforceable on the eighth (8th) day after this Agreement is signed (“Effective Date”). EXECUTED on the 18th day of June, 2020 By /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ THE STATE OF TEXAS § § COUNTY OF BEXAR § BEFORE ME, the undersigned authority, on this day personally appeared ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ known by me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed. SUBSCRIBED AND SWORN TO before me on June 18, 2020. (SEAL) /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ My Commission Expires: 9-19-21 ACCEPTED on the 18th day of June, 2020. By /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ SVP HR and Administration Valero This Supplemental Release of Claims is executed on this day of August, 2020 in consideration of and in conjunction with that certain Separation Agreement and Release (“Separation Agreement”) by and between ▇▇▇▇▇ ▇▇▇▇▇▇▇ (“Employee”) and Valero Energy Corporation (“Valero” or the “Company”). Employee, for good and valuable consideration and intending to be legally bound, agrees as follows: This release of claims is executed after the Retirement Date (as defined in the Separation Agreement). Except as otherwise provided herein, Employee hereby releases and discharges Valero and each of its past, present, and future parent, subsidiary, or otherwise affiliated companies (including, but not limited to Valero Services, Inc.) successors, and assigns, and all of its and their past, present, and future officers, directors, agents, administrators, trustees, insurers, successors, employees, fiduciaries, and employee benefit plans (collectively the “Valero Releases”) from any and all claims, rights, demands, actions, obligations and causes of action of any and every kind, nature, and character, whether known or unknown, that Employee may now have or have ever had up to and including the Retirement Date (as defined in the Separatio...

Related to REVOCATION OF THE AGREEMENT

  • Ratification of the Agreement As amended by this Amendment, the Agreement is in all respects ratified and confirmed, and the Agreement, as so amended by this Amendment, shall be read, taken and construed as one and the same instrument.

  • Termination of the Agreement In the event of failure by the participant to perform any of the obligations arising from the agreement, and regardless of the consequences provided for under the applicable law, the institution is legally entitled to terminate or cancel the agreement without any further legal formality where no action is taken by the participant within one month of receiving notification by registered letter. If the participant terminates the agreement before its agreement ends or if he/she fails to follow the agreement in accordance with the rules, he/she shall have to refund the amount of the grant already paid, except if agreed differently with the sending organisation. In case of termination by the participant due to "force majeure", i.e. an unforeseeable exceptional situation or event beyond the participant's control and not attributable to error or negligence on his/her part, the participant shall be entitled to receive at least the amount of the grant corresponding to the actual duration of the mobility period. Any remaining funds shall have to be refunded, except if agreed differently with the sending organisation.

  • Execution of the Agreement The Company, the party executing this Agreement on behalf of the Company, and the Consultant, have the requisite corporate power and authority to enter into and carry out the terms and conditions of this Agreement, as well as all transactions contemplated hereunder. All corporate proceedings have been taken and all corporate authorizations and approvals have been secured which are necessary to authorize the execution, delivery and performance by the Company and the Consultant of this Agreement. This Agreement has been duly and validly executed and delivered by the Company and the Consultant and constitutes a valid and binding obligation, enforceable in accordance with the respective terms herein. Upon delivery of this Agreement, this Agreement, and the other agreements and exhibits referred to herein, will constitute the valid and binding obligations of Company, and will be enforceable in accordance with their respective terms. Delivery may take place via facsimile transmission.

  • Modification of the Agreement Notwithstanding any of the provisions of this Agreement, the parties may agree to amend this Agreement. No alteration or variation of the terms of this Agreement shall be valid unless made in writing and signed by the parties hereto. No oral understanding or agreement not incorporated herein shall be binding on any of the parties hereto.

  • Duration of the Agreement This Agreement shall come into effect on the day and year stated in Box 4 and shall continue until the date stated in Box 17. Thereafter it shall continue until terminated by either party giving to the other notice in writing, in which event the Agreement shall terminate upon the expiration of a period of two months from the date upon which such notice was given.