TERMINATION FOR NECESSITY Sample Clauses

The Termination for Necessity clause allows a party to end a contract if unforeseen and compelling circumstances arise that make continuing the agreement impossible or impractical. Typically, this clause applies in situations such as natural disasters, government actions, or other emergencies that are beyond the control of either party. Its core function is to provide a fair and structured way to exit the contract when extraordinary events prevent fulfillment, thereby allocating risk and protecting both parties from liability in such situations.
TERMINATION FOR NECESSITY. TIB may, with ten (10) days written notice, terminate this Agreement, in whole or in part, because funds are no longer available for the purpose of meeting TIB’s obligations. If this Agreement is so terminated, TIB shall be liable only for payment required under this Agreement for performance rendered or costs incurred prior to the effective date of termination.
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TERMINATION FOR NECESSITY. The Client may immediately terminate this Contract with written notice to the Service Provider should events beyond the reasonable control of the Client occur that cause it to have to abandon its site(s), such as, but not limited to, terrorism, war, fires, floods, earthquakes, and other natural disasters.
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TERMINATION FOR NECESSITY. Notwithstanding the foregoing, either party shall have the right to terminate this Agreement by providing notice of termination to the other if the terminating party determines, in its sole discretion, that termination of the Agreement is necessary to serve that party’s interests.
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Related to TERMINATION FOR NECESSITY

  • Termination for Non-Appropriation The continuation of this Contract beyond the current fiscal year is subject to and contingent upon sufficient funds being appropriated, budgeted, and otherwise made available by the City. The City may terminate this Contract, and Contractor waives any and all claim(s) for damages, effective immediately upon receipt of written notice (or any date specified therein) if for any reason the City’s funding from State and/or federal sources is not appropriated or is withdrawn, limited, or impaired.

  • Termination for Cause and Convenience As detailed within Clause No. 3 of, Form HUD-5370-C, General Conditions for Non- Construction Contracts, Section I—(Within or without Maintenance Work).

  • Termination for Non-Appropriation of Funds Notwithstanding any other provision of this Contract, the County shall not be obligated for the Contractor’s performance hereunder or by any provision of this Contract during any of the County’s future fiscal years unless and until the County’s Board of Supervisors appropriates funds for this Contract in the County’s Budget for each such future fiscal year. In the event that funds are not appropriated for this Contract, then this Contract shall terminate as of June 30 of the last fiscal year for which funds were appropriated. The County shall notify the Contractor in writing of any such non-allocation of funds at the earliest possible date.