Termination for Inaction Clause Samples

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Termination for Inaction. The Master Developer and any Participating Landowner shall be required to proceed with submittal of applications for Development Approvals in a timely manner. If no application for a Development Approval is applied for during any five (5) year period within the term of this Amended Agreement, then this Amended Agreement shall be terminated for inaction.
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Termination for Inaction. Innovate may immediately terminate the Services, and the applicable portion of the associated Sales Order, if Customer fails to provide Innovate with information deemed reasonably necessary by Innovate for advancement or completion of the Services within 90 days of Innovate’s initial inquiry. Prior to termination in accordance with this section, Innovate will provide Customer with five Business Days to respond to a final notice containing a request for that information which Innovate requires to advance or complete the Services. Upon termination in accordance with this section, Innovate may invoice Customer the full cost of the Fees for the Services as quoted in the applicable Sales Order and amended by any fully-executed Change Request. Innovate and Customer agree that this amount reflects the reasonable value of Innovate’s time, costs, and other financial considerations, and is a remedy and not a penalty.
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Termination for Inaction. In the event Licensor intends to terminate this Agreement pursuant to Section 5.1.3 or the Agreement may be terminated due to Licensee’s failure to meet a Performance Milestone or to Commercialize a Licensed Product, respectively, Licensor shall provide notice to Licensee of its intent to terminate and Licensee shall have sixty (60) days to present a corrective action plan acceptable to Licensor, in its sole discretion, and, if not acceptable to Licensor, Licensor shall be permitted to terminate this Agreement effective upon written notice to Licensee following receipt of the corrective action plan.
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Termination for Inaction. The provisions of Section G.3.(a) of the Development Agreement are hereby amended and restated as follows:
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Termination for Inaction. By approval of the Second Amendment, the County waives any existing grounds for termination of the Development Agreement. The Developer shall be required to proceed with submittal of applications in a timely manner. If no development permit application is applied for during the five (5) year period following the date of approval of the Second Amendment, then this Agreement shall be terminated by the County for inaction and all rights and obligations granted herein shall be null and void. Any development commenced under the terms of this Agreement shall be completed by the expiration of the five-year period after approval of the Second Amendment; however, in the event that construction is commenced, continuous and on-going at the time this Agreement expires, the Developer shall have the right to complete the construction so long as it remains continuous and on-going until a permanent certificate of occupancy is completed. In the event there is a pause in the construction of any one Building for twelve (12) months or longer, the right to develop shall be deemed expired and all permits previously issued shall be revoked. The foregoing shall not require all Buildings to be constructed in a single phase.
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Termination for Inaction. Innovate may immediately terminate Services provided under these Product Terms and the applicable portion of the associated Sales Order, if Customer fails to provide Innovate with information deemed reasonably necessary by Innovate for advancement or completion of the Services within 90 days of Innovate’s initial inquiry. Prior to termination in accordance with this section, Innovate will provide Customer with five Business Days to respond to a final notice containing a request for that information Innovate requires to advance or complete the Services. Upon termination in accordance with this section,
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Related to Termination for Inaction

  • Termination for Insolvency The Procuring Entity may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring Entity

  • Termination for Insufficient Funding The State may immediately terminate this Contract if it does not obtain funding from the Minnesota Legislature, or other funding source; or if funding cannot be continued at a level sufficient to allow for the payment of the services addressed within this Contract. Termination must be by written notice to the Contractor. The State is not obligated to pay for any services that are provided after notice and effective date of termination. However, the Contractor will be entitled to payment, determined on a pro rata basis, for services satisfactorily performed to the extent that dedicated funds are available. The State will not be assessed any penalty if the Contract is terminated because of the decision of the Minnesota Legislature, or other funding source, not to appropriate funds. The State must provide the Contractor notice of the lack of funding. This notice will be provided within a reasonable time of the State’s receiving notice.

  • Termination for fault 19.3.1 The Commonwealth may terminate this Agreement by notice where the Grantee has: (a) failed to comply with an obligation under this Agreement and the Commonwealth believes that the non‐compliance is incapable of remedy or where clause 19.2.2(b) applies; (b) provided false or misleading statements in relation to the Grant; or (c) become bankrupt or insolvent, entered into a scheme of arrangement with creditors, or come under any form of external administration. 19.3.2 The Grantee agrees, on receipt of the notice of termination, to: (a) stop the performance of the Grantee’s obligations; (b) take all available steps to minimise loss resulting from the termination; and (c) report on, and return any part of the Grant to the Commonwealth, or otherwise deal with the Grant, as directed by the Commonwealth.

  • Termination for Just Cause In the event that the EMPLOYERS terminate the employment of the EMPLOYEE during the TERM because of the EMPLOYEE'S personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure or refusal to perform the duties and responsibilities assigned in this AGREEMENT, willful violation of any law, rule, regulation or final cease-and-desist order (other than traffic violations or similar offenses), conviction of a felony or for fraud or embezzlement, or material breach of any provision of this AGREEMENT (hereinafter collectively referred to as "JUST CAUSE"), the EMPLOYEE shall not receive, and shall have no right to receive, any compensation or other benefits for any period after such termination.