Termination for Default Notice by a Company Clause Samples

Termination for Default Notice by a Company. (i) Termination for Default Notice in respect of All Services. If any Company provides to RES a Termination for Default Notice in respect of all Services, this Agreement shall, on the corresponding Termination for Default Date, terminate in its entirety in respect of that Company but continue in full force and effect with respect to all Services to all other Companies that were being provided by RES to those Companies prior to the corresponding Termination for Default Date. Signature Page to Procurement and Marketing Agreement
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Termination for Default Notice by a Company. (i) Termination for Default Notice in respect of All Services. If any Company provides to REPG a Termination for Default Notice in respect of all Services, this Agreement shall, on the corresponding Termination for Default Date, terminate in its entirety in respect of that Company but continue in full force and effect with respect to all Services to all other Companies that were being provided by REPG to those Companies prior to the corresponding Termination for Default Date. (ii) Termination for Default Notice in respect of a Particular Service or Particular Services. If any Company provides to REPG a Termination for Default Notice only in respect of a particular Service or particular Services, this Agreement shall, on the corresponding Termination for Default Date, terminate in respect of that Service or those Services to that Company but continue in full force and effect with respect to all other Services to that Company that were being provided by REPG to that Company prior to the corresponding Termination for Default Date and all Services to all other Companies that were being provided by REPG to those Companies prior to the corresponding Termination for Default Date.
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Related to Termination for Default Notice by a Company

  • Termination for Default The Commonwealth may terminate this Agreement by notice where it reasonably believes the Grantee: (a) has breached this Agreement; or (b) has provided false or misleading statements in their application for the Grant; or (c) has become bankrupt or insolvent, entered into a scheme of arrangement with creditors, or come under any form of external administration.

  • Termination for Default; Remedies 8.2.1 Each of the following shall constitute an immediate event of default (“Event of Default”) under this Agreement: (a) Contractor fails or refuses to perform or observe any term, covenant or condition contained in any of the following Sections of this Agreement:

  • Termination by Default If the Bank is in default (as defined in Section 3(x)(1) of the Federal Deposit Insurance Act (12 U.S.C. Section 1813(x)(1)), all obligations under this Agreement shall terminate as of the date of default, but any vested rights of the Executive shall not be affected.

  • SUSPENSION & TERMINATION FOR DEFAULT Enterprise Services may suspend Contractor’s operations under this Contract immediately by written cure notice of any default. Suspension shall continue until the default is remedied to Enterprise Services’ reasonable satisfaction; Provided, however, that, if after thirty (30) calendar days from such a suspension notice, Contractor remains in default, Enterprise Services may terminate Contractor’s rights under this Contract. All of Contractor’s obligations to Enterprise Services and Purchasers survive termination of Contractor’s rights under this Contract, until such obligations have been fulfilled.

  • Right to Terminate Following Event of Default If at any time an Event of Default with respect to a party (the “Defaulting Party”) has occurred and is then continuing, the other party (the “Non-defaulting Party”) may, by not more than 20 days notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all outstanding Transactions. If, however, “Automatic Early Termination” is specified in the Schedule as applying to a party, then an Early Termination Date in respect of all outstanding Transactions will occur immediately upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(1), (3), (5), (6) or, to the extent analogous thereto, (8), and as of the time immediately preceding the institution of the relevant proceeding or the presentation of the relevant petition upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(4) or, to the extent analogous thereto, (8).