Termination at Any Time Sample Clauses

The 'Termination at Any Time' clause allows either party to end the agreement without needing to provide a specific reason or wait for a breach or default. Typically, this clause requires the terminating party to give advance written notice—such as 30 days—before the termination becomes effective. Its core practical function is to provide flexibility and reduce long-term commitment risk, enabling parties to exit the contract if their circumstances or business needs change.
POPULAR SAMPLE Copied 41 times
Termination at Any Time. (a) The Commonwealth may terminate this Funding Agreement at any time by giving not less than 30 days notice in writing to the Participant, specifying the effective date of termination. (b) If this Funding Agreement is terminated under clause 13.2(a), the Commonwealth is liable only for: (i) all payments due and not yet made to the Participant at the effective date of termination; and (ii) any reasonable substantiated unavoidable loss (excluding loss of profits) incurred by the Participant as a direct consequence of termination of this Funding Agreement. Pharmaceuticals Partnerships Program General Conditions Version 2.0 — Release Date: June 2005
View SourceView Similar (2)
Termination at Any Time. Any affected Party may terminate, in its discretion, its obligations under the Agreement prior to the Combination Date or under any surviving provisions of the Agreement after the Combination Date upon the occurrence of any of the following at any time while any provisions of this Agreement remain in effect:
View Source
Termination at Any Time. (a) The Commonwealth may terminate this Funding Agreement at any time by giving not less than 30 days notice in writing to the Participant, specifying the effective date of termination. (b) If this Funding Agreement is terminated under clause 13.2(a), the Commonwealth is liable only for: (i) all payments due and not yet made to the Participant at the effective date of termination; and (ii) any reasonable substantiated unavoidable loss (excluding loss of profits) incurred by the Participant as a direct consequence of termination of this Funding Agreement.
View Source
Termination at Any Time. Port or Service Provider may terminate this Agreement at any time by giving written notice to the other of the termination, and the effective termination date, at least thirty (30) days before the effective date of termination. If this Agreement is terminated by Port, as provided herein, Service Provider shall be reimbursed for ▇▇▇▇▇▇▇▇ incurred prior to the termination date, in accordance with the cost provisions of this Agreement.
View Source
Termination at Any Time. This Agreement may be terminated at any time by the mutual written consent of the Company and a majority of the Purchasers.
View Source
Termination at Any Time. Upon termination of this Agreement, commissions due and to become due shall be retained by USPA&IRA as follows:
View Source
Termination at Any Time. Notwithstanding anything in this Agreement to the contrary and in addition to any benefit provided under Sections 3.e. or 5.e. above, for purposes of determining Employee's benefit under the Brown Group, Inc. Supplemental Employment Retirement ▇▇▇▇, an additional 10 (ten) years of Credited Service shall be credited to the Employee's actual or deemed Credited Service. This provision shall continue in effect after the Term has expired. 7.
View SourceView Similar (2)
Termination at Any Time. This Agreement may be terminated at any time: (a) by mutual written consent of Corvis, Sub and the Company; (b) by either Corvis or the Company, upon delivery of written notice to the other, if any conditions set forth in Section 8.2(a) or (b) (in the case of a termination by the Company) or Sections 8.2(a) or (c) (in the case of a termination by Corvis) are incapable of being satisfied by the Outside Date; provided, however, that the right to terminate this Agreement under this Section 9.1(b) shall not be available to any party whose breach of any obligation under this Agreement has been the cause of or resulted in such condition being incapable of satisfaction on or before the Outside Date (it being understood that Corvis cannot terminate this Agreement if the required Registration Statements are not effective on or prior to the Outside Date); (c) by either Corvis or the Company, upon delivery of written notice to the other, if any Governmental Entity of competent jurisdiction shall have issued an order, decree or ruling or taken any other action permanently enjoining, restraining or otherwise prohibiting the Merger and such order, decree or ruling or other action shall have become final and nonappealable; (d) by either Corvis or the Company, upon delivery of written notice to the other, if (i) the Company Stockholder Approval and (ii) the Series A Preferred Consent shall not have been obtained within thirty (30) days following the date hereof and remained in full force and effect since the date thereof; or (e) by either Corvis or the Company, upon delivery of written notice to the other, if the Voting Agreement shall not have been executed and delivered to Corvis by the holders of at least sixty-seven percent (67%) of the outstanding shares of Series A Preferred Stock and holders of fifty one percent (51%) of the Company Common Stock (with the Series A Preferred Stock voting on an as-if-converted basis) within thirty (30) days following the date hereof.
View Source

Related to Termination at Any Time

  • Termination at Will This Agreement may be terminated by the OAG for any reason upon five days written notice via certified U.S. mail, hand delivery, or email to the Provider to the physical or email address provided by the Provider in the application.

  • Termination Date For purposes of this Agreement, except as otherwise provided in Section 10(b) and Section 17(a) hereof, the term “Termination Date” means (i) if the Executive’s employment is terminated by the Executive’s death, then the date of death; (ii) if the Executive’s employment is terminated by reason of voluntary early retirement, as agreed in writing by the Company and the Executive, then the date of such early retirement which is set forth in such written agreement; (iii) if the Executive’s employment is terminated by reason of disability pursuant to Section 12 hereof, then the earlier of thirty (30) days after the Notice of Termination is given or one day prior to the end of the Employment Period; (iv) if the Executive’s employment is terminated by the Executive voluntarily (other than for Good Reason), then the date the Notice of Termination is given; and (v) if the Executive’s employment is terminated by the Company (other than by reason of disability pursuant to Section 12 hereof) or by the Executive for Good Reason, then the earlier of thirty (30) days after the Notice of Termination is given or one day prior to the end of the Employment Period. Notwithstanding the foregoing, (A) If termination is by the Company for Cause pursuant to Section 1(d)(iii) of this Agreement and if the Executive has substantially cured the conduct constituting such Cause as described by the Company in its Notice of Termination within such thirty (30) day or shorter period, then the Executive’s employment hereunder shall continue as if the Company had not delivered its Notice of Termination and there shall be no Termination Date arising out of such Notice. (B) If the Company shall give a Notice of Termination for Cause or by reason of disability and the Executive in good faith notifies the Company that a dispute exists concerning such attempted termination within the fifteen (15)-day period following receipt thereof, then the Executive may elect to continue his employment during the pendency of such dispute and the Termination Date shall be determined under this paragraph. If the Executive so elects and it is thereafter determined that Cause or disability (as the case may be) did exist, the Termination Date shall be the earlier of (1) the date on which the dispute is finally determined, either (x) by mutual written agreement of the parties or (y) in accordance with Section 22 hereof, (2) the date of the Executive’s death, or (3) one day prior to the end of the Employment Period. If the Executive so elects and it is thereafter determined that Cause or disability (as the case may be) did not exist, then the employment of the Executive hereunder shall continue after such determination as if the Company had not delivered its Notice of Termination and there shall be no Termination Date arising out of such Notice. (C) If the Executive shall in good faith give a Notice of Termination for Good Reason and the Company in good faith notifies the Executive that a dispute exists concerning such attempted termination within the fifteen (15)-day period following receipt thereof, then the Executive may elect to continue his employment during the pendency of such dispute and the Termination Date shall be determined under this paragraph. If the Executive so elects and it is thereafter determined that Good Reason did exist, the Termination Date shall be the earlier of (1) the date on which the dispute is finally determined, either (x) by mutual written agreement of the parties or (y) in accordance with Section 22 hereof, (2) the date of the Executive’s death or (3) one day prior to the end of the Employment Period. If the Executive so elects and it is thereafter determined that Good Reason did not exist, then the employment of the Executive hereunder shall continue after such determination as if the Executive had not delivered the Notice of Termination asserting Good Reason and there shall be no Termination Date arising out of such Notice. In either case, this Agreement continues, until the Termination Date, if any, as if the Executive had not delivered the Notice of Termination except that, if it is finally determined that Good Reason did exist, the Executive shall in no case be denied the benefits described in Sections 8(b) and 9 hereof (including a Termination Payment) based on events occurring after the Executive delivered his Notice of Termination. (D) Except as provided in Paragraphs (B) and (C) above, if the party receiving the Notice of Termination in good faith notifies the other party that a dispute exists concerning the termination within the fifteen (15)-day period following receipt thereof and it is finally determined pursuant to a legally binding settlement or final and nonappealable judgment or other binding decision that the reason asserted in such Notice of Termination did not exist, then (1) if such Notice was delivered by the Executive, the Executive will be deemed to have voluntarily terminated his employment and (2) if delivered by the Company, the Company will be deemed to have terminated the Executive other than by reason of death, disability or Cause. In the event clause (2) applies, all amounts owed to the Executive under this Agreement shall be paid promptly following the execution of the legally binding settlement or issuance of the final and nonappealable judgment or other binding decision. (E) If the termination is described in Section 2 hereof, then the Termination Date shall be the date of the Executive’s termination of employment from the Company.

  • Termination Period This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall be exercisable for twelve (12) months after Participant ceases to be a Service Provider. Notwithstanding the foregoing sentence, in no event may this Option be exercised after the Term/Expiration Date as provided above and this Option may be subject to earlier termination as provided in Section 13 of the Plan.

  • Commitment Termination Date the earliest to occur of (a) the Revolver Termination Date; (b) the date on which Borrowers terminate the Revolver Commitments pursuant to Section 2.1.4; or (c) the date on which the Revolver Commitments are terminated pursuant to Section 11.2.

  • Early Termination of the Employment Period Notwithstanding Section 1(b) hereof, the Employment Period shall end upon the earliest to occur of (i) a Termination For Cause, (ii) a Termination Without Cause, (iii) a Voluntary Termination, (iv) a Termination Due to Retirement, (v) a Termination Due to Disability, or (vi) a Termination Due to Death.