Termination by Agent Sample Clauses

The 'Termination by Agent' clause grants the agent the explicit right to end the contractual relationship under specified circumstances. Typically, this clause outlines the conditions or notice requirements the agent must fulfill to exercise this right, such as providing written notice or citing particular breaches by the other party. Its core practical function is to provide the agent with a clear and structured mechanism to exit the agreement, thereby protecting the agent from being bound to unfavorable or untenable arrangements.
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Termination by Agent. Notwithstanding anything to the contrary contained herein, Agent shall hereafter have the right to terminate this Agreement at a time chosen by Agent in its sole discretion. In the event Agent chooses to terminate this Agreement, Agent must first issue written notice of such termination to Owner at least thirty (30) days prior to the date upon which Agent designates as the date this Agreement shall terminate. In the event Agent issues the aforesaid notice to Owner, this Agreement shall terminate on the date which is designated by Agent in the aforesaid notice to Owner.
Termination by Agent. This Agreement may be terminated at any time during the Offering Period by Agent by written notice to the Company, if the Company shall have failed or been unable to comply with any of the terms, conditions, or provisions of the Transaction Agreements to be performed, complied with, or fulfilled by the Company within the respective times, if any, herein provided for, unless compliance therewith or performance or satisfaction thereof shall have been expressly waived by Agent in writing.
Termination by Agent. Agent may (and upon the direction of the Requisite Lenders, shall) terminate the Commitments without notice at any time that an Event of Default exists; provided, however, that the Commitments shall automatically terminate as provided in Section 8.1.
Termination by Agent. This Agreement may be terminated by Agent, without cause, upon ninety (90) days’ written notice to Owner. This Agreement may be terminated by Agent for cause if Owner commits any material default in the performance of any of its obligations under this Agreement, including, without limitation, its obligation to pay to Agent any fees due and payable under Section 3.01 above, and such default shall continue for a period of thirty (30) days after notice thereof by Agent to Owner.
Termination by Agent. Lenders’ Agent shall release its security interest in the Intellectual Property Collateral at such time as the non-contingent Obligations have been fully and finally discharged, the outstanding Notes have been paid in full, and the Lenders’ obligation to provide additional credit under the Loan Agreement has been terminated, and in such event at the reasonable request of Grantor Lenders and Lenders’ Agent each shall, at Grantor’s expense, make such filings with the State of Delaware and the United States Patent and Trademark Office as may be deemed by Grantor to be necessary or appropriate to evidence such release and terminate any financing statement nor notice relating to the liens and security interests created hereby. In the event that, for any reason, any portion of such payments to the Lenders is set aside or restored, whether voluntarily or involuntarily, after the making thereof, then the obligation intended to be satisfied thereby shall be revived and continued in full force and effect as if said payment or payments had not been made.
Termination by Agent. [Agent] shall have the right, by giving ten (10) days notice as hereinafter specified to terminate this Agreement in its sole discretion at any time after the date of this Agreement.
Termination by Agent. Agent may (and upon the direction of the Required Lenders, shall) terminate the Commitments upon at least 120 days prior written notice to Borrower
Termination by Agent. If, during the term of this Services Agreement, Agent receives notice of the occurrence of any of the events listed below, Agent may terminate this Services Agreement: (i) at any time after the Effective Date, the adoption or enactment of any applicable law or governmental rule, requirement, guideline, order or regulation, or any change therein or change in the interpretation or administration thereof, by any judicial or governmental authority which shall make it illegal or impossible for Agent to provide the services described herein; provided, however, that (a) Agent shall use its reasonable efforts to eliminate such illegality or impossibility to the extent reasonably possible, and shall have the right to terminate only those portions of this Services Agreement which it has become illegal or impossible for Agent to perform, and (b) Agent shall provide to Winthrop an opinion of Agent's counsel (which counsel shall be reasonably satisfactory to Winthrop) confirming such illegality or impossibility; (ii) the material breach by Winthrop of any one or more of the representations made in Section 5.1, but only where such material breach has a material adverse effect on the business, condition (financial or otherwise) or results of operations of Agent; or (iii) with respect to any one or more of the Partnerships, the amendment of the partnership agreement of a Partnership upon the request or direction of Winthrop which has a material adverse effect on Agent's rights, compensation or obligations under this Services Agreement as to such Partnership. In any event, Agent shall have the right to terminate this Services Agreement on June 30, 2002, and each anniversary thereafter, upon six (6) months prior written notice to Winthrop. In the event this Services Agreement is terminated by Agent pursuant to Section 6.4 (i) or (iii) above (in whole or part) at any time prior to June 30, 2002, Winthrop shall refund the consideration paid by Agent under Section 3.1 (i), (ii), and (iii) less the amount of Asset Management Fees, Accrued Asset Management Fees, Operation Distributions, Refinancing Distributions, and Sale Distributions Agent has collected after deducting Agent's reasonable direct costs and unreimbursed expenses which it has incurred in the performance of its services hereunder; said refund will be paid within five (5) business days after receipt from Agent of all Partnership information required to be returned to Winthrop pursuant to the terms of this Services A...
Termination by Agent. Agent may (and upon the direction of the Required Lenders, shall) terminate the Revolver Commitments without notice at any time that an Event of Default exists; provided that the Revolver Commitments shall automatically terminate as provided in Section 12.2 hereof.
Termination by Agent. The Agent may terminate its obligations hereunder, without any liability on the Agent's part, by written notice to the Corporation, in the event that after the date hereof and at or prior to the Closing Time on any Closing Date: (a) any order to cease or suspend trading in any securities of the Corporation, or prohibiting or restricting the distribution of any of the Securities is made, or proceedings are announced, commenced or threatened for the making of any such order, by any securities commission or similar regulatory authority, the Exchange or by any other competent authority, and has not been rescinded, revoked or withdrawn; (b) any inquiry, action, suit, investigation or proceeding (whether formal or informal) in relation to the Corporation or any of its directors or senior officers is announced, commenced or threatened by any Governmental Authority, the Exchange, or there is any change of law, or the interpretation or administration thereof; or any order to cease trading (including communicating with persons in order to obtain expressions of interest) in the securities of the Corporation is made by a Governmental Authority and that order is still in effect, which in the reasonable opinion of the applicable Agent operates to prevent or restrict the trading in the Common Shares or the distribution of the Debentures or which in the reasonable opinion of the applicable Agent, acting in good faith, could be expected to have a Material Adverse Effect on the market price of value of the Debentures or the Common Shares; (c) there should develop, occur or come into effect or existence any event, action, state, condition or occurrence of national or international consequence, acts of hostilities or escalation thereof or other calamity or crisis or any change or development involving a prospective change in national or international political, financial or economic conditions or any action, law, regulation or inquiry which, in the reasonable opinion of the applicable Agent, materially adversely affects or involves, or may materially adversely affect or involve, the financial markets in Canada, or the business, operations or affairs of the Corporation; (d) there occurs any material change in the business, financial condition, assets, liabilities (contingent or otherwise), results of operations or prospect of the Corporation or there exists or is discovered by the Agent any material fact which is, or may be, of such a nature as to render the public information...