Right of Revocation Clause Samples
The Right of Revocation clause grants a party the ability to withdraw or cancel an agreement or offer under specified conditions. Typically, this right is exercised within a defined time frame or upon the occurrence of certain events, such as a material breach or failure to meet agreed-upon standards. By including this clause, the contract provides a clear mechanism for ending obligations, thereby protecting parties from being bound to unfavorable or unworkable arrangements.
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Right of Revocation. Guarantor understands and agrees that Guarantor may revoke its future obligations under this Guaranty at any time by giving Bank written notice that Guarantor will not be liable hereunder for any indebtedness or obligations of Borrower incurred on or after the effective date of such revocation. Such revocation shall be deemed to be effective on the day following the day Bank receives such notice delivered either by: (a) personal delivery to the address and designated department of Bank identified in subparagraph 1(a) above, or (b) United States mail, registered or certified, return receipt requested, postage prepaid, addressed to Bank at the address shown in subparagraph 1
(a) above. Notwithstanding such revocation, Guarantor shall remain liable on its obligations hereunder until payment in full to Bank of (x) all of the Guaranteed Indebtedness that is outstanding on the effective date of such revocation, and any renewals and extensions thereof, and (y) all loans, advances and other extensions of credit made to or for the account of Borrower on or after the effective date of such revocation pursuant to the obligation of Bank under a commitment or agreement made to or with Borrower prior to the effective date of such revocation. The terms and conditions of this Guaranty, including without limitation the consents and waivers set forth in paragraph 7 hereof, shall remain in effect with respect to the Guaranteed Indebtedness described in the preceding sentence in the same manner as if such revocation had not been made by Guarantor.
Right of Revocation. Either party may terminate this Agreement on 120 days’ written notice to the other party. In the event that a party believes that another party has materially breached this agreement, the non- breaching party shall give written notice of the alleged breach to the breaching party. The breaching party shall have thirty days to cure the alleged breach from the date it receives written notice from the non-breaching party. If the breach is not restored within thirty days, the non- breaching party may terminate this Agreement. However, if this Agreement is terminated during an academic term, students enrolled in classes under this Agreement will be allowed to complete their coursework without penalty. A breach of this Agreement includes, but is not limited to, a violation of the policies and rules of the UNIVERSITY or SCHOOL, the making of a misrepresentation or false statement by one of the parties, or the occurrence of a conflict of interest between the parties. DocuSign Envelope ID: DD406A14-3656-48D6-84B1-874E844DC693 DocuSign Envelope ID: 88E7B2DF-EDE0-4A1B-A1A0-A02E833CEAF2 All notices and communications related to this agreement shall be addressed to the respective education administrators listed below: UNIVERSITY SCHOOL DISTRICT ▇▇. ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇. Assoc Vice Pres, Enrollment Partnerships Director of Academics & Accountability University of North Texas Leadership Prep School Frisco ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, #▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ Denton, TX 76203-5017 Frisco, TX 75034 (▇▇▇) ▇▇▇-▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ ▇▇▇▇▇▇.▇▇▇▇@▇▇▇.▇▇▇ ▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ In witness thereof, Leadership Prep School Frisco and University of North Texas have executed this Agreement. By: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇, Ph.▇., ▇▇▇▇▇▇▇ and Vice President of Academic Affairs UNIVERSITY OF NORTH TEXAS By: ▇▇▇▇▇ ▇▇▇▇▇, Superintendent LEADERSHIP PREP SCHOOL FRISCO DocuSign Envelope ID: DD406A14-3656-48D6-84B1-874E844DC693 DocuSign Envelope ID: 88E7B2DF-EDE0-4A1B-A1A0-A02E833CEAF2 The University of North Texas (UNT) and Leadership Prep School Frisco (LPS) will provide ongoing outreach efforts to inform students and parents of the UNT-LPS dual credit opportunities, its benefits and costs through multiple modalities. Both UNT and LPS will maintain and regularly update a website with information about the dual credit program. The websites will contain information about dual credit course offerings, program eligibility, admissions and registration processes, tuition and fees, and frequently asked question...
Right of Revocation. Your signature also acknowledges that, in compliance with the OWBPA mentioned above, you have been fully advised by the Company of your right to revoke and nullify this release and Agreement, which right must be exercised if at all, within seven (7) days of the date of your signature. Any revocation of this agreement must be in writing, addressed to First Tennessee Bank, attention ▇▇▇▇ ▇▇▇▇▇▇, Employee Services Division, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇. The Company must be notified within the foregoing seven day period. This agreement will not become effective or enforceable until the expiration of the seven day period. In the event the company enters a merger or other change-in-control agreement after you sign this release and Agreement, you will not be eligible for change-in-control severance benefits under your current change-in-control agreement.
Right of Revocation. Course participants have the right to revoke this agreement within fourteen days after the conclusion without giving reasons. The allocated revocation period is fourteen days, effective the day after the course participant or an assigned third party signed the contract. In order to exercise the right to revocation, course participants need to inform the GRB via a postal letter addressed to Studienkolleg Düsseldorf, ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, or via E-Mail to the following address ▇▇▇▇@▇▇▇-▇▇▇▇▇▇▇▇▇▇▇.▇▇, of the decision to revoke this agreement. The timely dispatch of the revocation before the expiry of the revocation period shall be deemed sufficient for compliance with the revocation time limit.
Right of Revocation. Either party may terminate this Agreement on 120 days’ written notice to the other party. In the event that a party believes that another party has materially breached this agreement, the non-breaching party shall give written notice of the alleged breach to the breaching party. The breaching party shall have thirty days to cure the alleged breach from the date it receives written notice from the non-breaching party. If the breach is not cured within thirty days, the non-breaching party may terminate this Agreement. However, if this Agreement is terminated during an academic term, students enrolled in classes under this Agreement will be allowed to finish their coursework without penalty. A breach of this Agreement includes, but is not limited to, a violation of the policies and rules of the College, Arlington ISD or AFD, the making of a misrepresentation or false statement by one of the parties, or the occurrence of a conflict of interest between the parties.
Right of Revocation. The right of revocation is not given.
Right of Revocation. In compliance with the Older Workers Benefit Protection Act (P.L. 101433), Employee does hereby acknowledge and agree as follows:
(a) That this Agreement does not purport to waive rights or claims that may arise from acts or events occurring after the date that this Agreement is executed by the parties;
(b) That this Agreement specifically applies to any rights or claims Employee may have against the Company under the federal Age Discrimination in Employment Act of 1967, as amended;
(c) That the consideration provided for in this Agreement is in addition to that to which Employee is already entitled;
(d) That this Agreement shall be revocable by Employee for a seven (7) day period following execution of this Agreement by Employee. Accordingly, this Agreement shall not become effective or enforceable until the expiration of the seven (7) day revocation period (“Effective Date”); and
(e) That Employee, having carefully read this Agreement and knowing the contents hereof, freely and voluntarily consents to all the terms and conditions herein, understands the final and binding effect of this Agreement, has been advised of Employee’s right to and has been given a chance to consult with and review this Agreement with an attorney of Employee’s choice prior to signing this Agreement, and has been given a period of twenty-one (21) days within which to consider whether to sign this Agreement. In the event that Employee chooses to waive this twenty-one (21) day period, Employee acknowledges that Employee was given a reasonable period of time within which to consider this Agreement and that Employee’s waiver was made freely and voluntarily and without duress or any coercion by any other person, including anyone at the Company or the Company Releasees.
Right of Revocation. At any time during the ten (10) day period following the date of purchase of the Software / conclusion of this Agreement, You may, for any reason, return the Software (terminate this Agreement), together with your receipt, for a refund of the money you paid for the Software.
Right of Revocation. Right of Revocation You may revoke your declaration to enter into the contract in writing (e.g., by letter, facsimile, email) within two weeks, without giving reasons for your decision. Your right to revoke commences at the earliest on receipt by you of this advice. Sending the revocation in good time is sufficient to ensure compliance with the deadline. The revocation should be addressed to: Momentive Performance Materials Holdings LLC ▇▇▇ ▇. ▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: General Counsel Consequences of revocation In the event of an effective revocation, each party shall return to the other any performances received (including any profits derived, if applicable). - End of advice on right of revocation -
Right of Revocation. You have the right to revoke this contract within fourteen days without giving any reasons. The revocation period is fourteen days from the day of the conclusion of the contract. sample - only the individual German version is valid To exercise your right of revocation, you have to inform us (Studierendenwerk Wuerzburg, Anstalt des oeffentlichen Rechts, Wohnen, ◌◌◌◌◌, ◌◌◌◌◌, phone +▇▇ ▇▇▇ ▇▇▇▇-▇, fax +▇▇ ▇▇▇ ▇▇▇▇-▇▇▇, email ▇▇▇▇▇▇@▇▇▇▇▇-▇▇▇.▇▇) by a clear statement (for example a letter by post, by fax or email) about your decision to revoke the contract. You can use the attached sample revocation form, but you do not have to use it. To meet the revocation deadline, it is sufficient that you send your letter concerning the exertion of the right of revocation before the expiry of the revocation period.