Termination Due to Non-Payment Sample Clauses

The 'Termination Due to Non-Payment' clause allows one party to end the contract if the other party fails to make required payments. Typically, this clause outlines the conditions under which termination can occur, such as specifying a grace period for overdue payments and the process for notifying the defaulting party before termination is enforced. Its core function is to protect the party expecting payment by providing a clear remedy if the other party does not fulfill their financial obligations, thereby reducing the risk of ongoing non-payment.
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Termination Due to Non-Payment. Notwithstanding anything to the contrary herein, if Employer fails to pay BCBSKC in accordance with Article 3, this Addendum and the underlying Group Contract(s) may be terminated by BCBSKC, effective retroactively to the last day of the month in which all amounts owed to BCBSKC for such month were paid by the Employer.
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Termination Due to Non-Payment. If you do not pay for your service before the due date, your service will automatically be suspended.
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Termination Due to Non-Payment. IF THE SERVICE IS TERMINATED DUE TO NON- PAYMENT AS SET OUT IN 3 THEN WE MAY TERMINATE YOUR SUBSCRIPTION IMMEDIATELY AND YOU AGREE THAT WE HAVE NO OBLIGATION TO CONTINUE TO HOLD, EXPORT OR RETURN YOUR CUSTOMER DATA. YOU AGREE THAT WE HAVE NO LIABILITY WHATSOEVER FOR DELETION OF YOUR CUSTOMER DATA PURSUANT TO THESE TERMS
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Termination Due to Non-Payment. Failure to pay the required fees by the due date will result in immediate termination of this Agreement. Licensee will be required to vacate the Premises with their food truck promptly, or it may be towed at Licensee's expense. ● This Agreement constitutes the entire agreement between the parties and supersedes all prior oral or written communications. This License Agreement is entered into and effective as of [Date of Agreement].
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Termination Due to Non-Payment. Notwithstanding the termination rights described in Section 12.2, above, in the event Plan Sponsor fails to timely remit to ProAct the full amount of payment (and any interest accrued thereon) as set forth in Section 5.1 above, and such payment (plus interest, if any) is not received by ProAct within the time limits set forth in Section 5.2 above, ProAct may terminate this Agreement on any date thereafter, effective on the date notice of such termination is received by Plan Sponsor.
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Termination Due to Non-Payment. It is mutually agreed that if the Lessee shall default in any payment of rent when due, or if the Lessee shall be in default in performing any of the terms, covenants or provisions of this lease, the Lessor may forward notice in writing of such default to the Lessee, and failure of the Lessee to cure such default to the satisfaction of the Lessor within ninety (90) days after the date of receipt as defined herein of such notice shall, at the option of the Lessor, work as a forfeiture of the lease and shall give the Lessor the right, at its option, to treat this lease as cancelled and terminated, and the term and estate vested in the Lessee, as well as all other rights of the Lessee hereunder, shall immediately cease and expire as fully and with like effect as if the entire term herein provided for had expired, and the Lessor may enter the Leased Premises, with or without process of law, and take possession together with any and all improvements which may have been erected thereon, the Lessee waiving any demand for possession thereof; and all improvements made upon the premises shall be forfeited and become the property of the Lessor as liquidated damages without compensation therefor to the Lessee.
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Related to Termination Due to Non-Payment

  • Termination Due to Death If the Optionee’s employment terminates by reason of the Optionee’s death, any portion of this Stock Option outstanding on such date, to the extent exercisable on the date of death, may thereafter be exercised by the Optionee’s legal representative or legatee for a period of 12 months from the date of death or until the Expiration Date, if earlier. Any portion of this Stock Option that is not exercisable on the date of death shall terminate immediately and be of no further force or effect.

  • Termination Due to Retirement Upon termination of the Executive based on Retirement, no amounts or benefits shall be due the Executive under this Agreement, and the Executive shall be entitled to all benefits under any retirement plan of the Company and other plans to which the Executive is a party. Termination of the Executive’s employment based on “Retirement” shall mean termination of the Executive’s employment in accordance with a retirement policy established by the Board with the Executive’s consent.

  • Termination Payment The final payment delivered to the Certificateholders on the Termination Date pursuant to the procedures set forth in Section 9.01(b).

  • Termination for Non-Payment We may terminate this Agreement with immediate effect by giving written notice to you if you fail to pay any amount due under this Agreement on the due date for payment and remain in default not less than thirty

  • Termination Payments (a) In the event that the Employment Term is terminated for any reason other than by the Company without Cause or by the Employee with Good Reason: (A) the Company shall pay to the Employee any Base Salary accrued hereunder on or prior to the date of termination but not theretofore paid to the Employee; and (B) the Employee shall be entitled, in accordance with the terms and conditions of the applicable plan, program or arrangement, to all benefits accrued under any benefit plans, programs or arrangements in which the Employee shall be a participant as of the date of termination, including any Bonus earned, declared and payable (but not yet paid) in accordance with Section 3(b) hereof in respect of the then current fiscal year, or if the Bonus in respect of the then current fiscal year has not yet been earned, declared and become payable, in respect of the fiscal year ended immediately prior to the date of termination (the "Accrued Benefits"). Notwithstanding the foregoing, the Bonus amount in respect of fiscal year 2000 under Section 3(b) shall be deemed earned, declared and payable. (b) Subject to paragraph (c) of this Section 11 below, in the event that the Employment Term is terminated by the Company without Cause or by the Employee for Good Reason: (A) the Company shall pay to the Employee any Base Salary accrued hereunder on or prior to the date of termination but not theretofore paid to the Employee; (B) the Company shall pay the Employee a lump sum amount equal to two (2) times the Employee's annual Base Salary at the time of the Employee's termination of employment; (C) the Company shall pay the Employee an amount equal to two (2) times the Bonus paid (or to be paid) to the Employee for the then current fiscal year, or if the Bonus in respect of the then current fiscal year has not yet been earned, declared and become payable, in respect of the fiscal year preceding the fiscal year in which such termination occurs; and