Termination due to suspension Sample Clauses

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Termination due to suspension. If the General Contractor elects to suspend performance of all or a material part of the Work and the duration of such suspension exceeds sixty (60) days, the Contractor may terminate this Agreement, provided it gives the General Contractor written notice of its intent to terminate not less than thirty (30) days prior to the end of such sixty (60) day period and General Contractor fails to order a resumption of suspended Work before the sixty (60) day period expires. In such event, the Contractor shall be compensated for all Work satisfactorily performed through the date of termination, plus its reasonable costs associated with suspension of the Work and a fee equal to ten percent (10%) of such suspension costs. In the event of such termination, the General Contractor may elect to assume any or all of the obligations, commitments and unsettled claims that the Contractor has previously undertaken or incurred in good faith in connection with performance of the Contractor's obligations hereunder. The Contractor shall to the extent reasonably possible, as a condition to receiving the termination payments referred to in this Section, execute and deliver such papers and take all such steps, including the legal assignment of its contractual rights, as the General Contractor may require for the purpose of fully vesting in the General Contractor the rights and benefits of the Contractor under such obligations, commitments or claims.
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Termination due to suspension. If a suspension by the General Contractor of all or a material portion of the Work exceeds sixty (60) days the Contractor may terminate this Agreement in the manner set forth in Section 13.3 hereof.
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Termination due to suspension. Boabee may terminate the Services if any of the causes of suspension set out in Sect. 8 is not cured within 10 (ten) days after Boabee’s initial notice thereof.
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Termination due to suspension. 36 15.5. TERMINATION DUE TO EVENT OF FORCE MAJEURE............................................................36
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Related to Termination due to suspension

  • Termination and Suspension Customer is entitled to suspend the performance of its obligations in whole or in part or terminate the Agreement with immediate effect, without prejudice to its right to claim damages and without any compensation to or indemnification of Supplier (i) in case Supplier has been declared bankrupt, is in a state of liquidation, has ceased or suspended whole or a substantial part of its business, is subject of a court order or preventative legal scheme of settlement, (ii) in case of non- compliance with the Compliance Requirements or the provisions of safety, health, environment and security or (iii) in case of not approved changes pursuant to article 10. After such termination Customer may return received Goods and/or Services in whole or partly against repayment and retransfer of ownership therein to Supplier.

  • Termination due to Force Majeure 13.5.1 If the Force Majeure Event or its effects continue to be present beyond the period as specified in Article 4.5.3, either Party shall have the right to cause termination of the Agreement. In such an event, this Agreement shall terminate on the date of such Termination Notice.

  • 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.

  • TERM, TERMINATION & SUSPENSION The Company may terminate this Agreement with You at any time for any reason, with or without cause. The Company specifically reserves the right to terminate this Agreement if You violate any of the terms outlined herein, including, but not limited to, violating the intellectual property rights of the Company or a third party, failing to comply with applicable laws or other legal obligations, and/or publishing or distributing illegal material. If You have registered for an account with Us, You may also terminate this Agreement at any time by contacting Us and requesting termination. At the termination of this Agreement, any provisions that would be expected to survive termination by their nature shall remain in full force and effect.

  • Termination; Suspension (a) Either Party may terminate this Compact without cause in its entirety by giving the other Party thirty (30) days’ prior written notice. MCC may also terminate this Compact or MCC Funding without cause in part by giving the Government thirty (30) days’ prior written notice. (b) MCC may, immediately, upon written notice to the Government, suspend or terminate this Compact or MCC Funding, in whole or in part, and any obligation related thereto, if MCC determines that any circumstance identified by MCC, as a basis for suspension or termination (as notified to the Government in writing) has occurred, which circumstances include but are not limited to the following: (i) the Government fails to comply with its obligations under this Compact or any other agreement or arrangement entered into by the Government in connection with this Compact or the Program; (ii) an event or series of events has occurred that makes it probable that the Program Objectives or any of the Project Objectives will not be achieved during the Compact Term or that the Government will not be able to perform its obligations under this Compact; (iii) a use of MCC Funding or continued implementation of this Compact or the Program violates applicable law or United States Government policy, whether now or hereafter in effect; (iv) the Government or any other person or entity receiving MCC Funding or using Program Assets is engaged in activities that are contrary to the national security interests of the United States; (v) an act has been committed or an omission or an event has occurred that would render Benin ineligible to receive United States economic assistance under Part I of the Foreign Assistance Act of 1961, as amended (22 U.S.C. 2151 et seq.), by reason of the application of any provision of such act or any other provision of law; (vi) the Government has engaged in a pattern of actions inconsistent with the criteria used to determine the eligibility of Benin for assistance under the MCA Act; and (vii) the Government or another person or entity receiving MCC Funding or using Program Assets is found to have been convicted of a narcotics offense or to have been engaged in drug trafficking.