Termination of Contribution Sample Clauses

The 'Termination of Contribution' clause defines the conditions under which a party's obligation to provide resources, funds, or services under an agreement may be ended. Typically, this clause outlines specific events or breaches that trigger the right to terminate contributions, such as failure to meet milestones, insolvency, or mutual agreement. By clearly specifying when and how contributions can be stopped, this clause helps manage risk and provides certainty to all parties regarding their ongoing commitments.
Termination of Contribution. The provisions of this Agreement --------------------------- relating to the Contribution may be terminated and the Contribution may be abandoned at any time notwithstanding approval thereof by the stockholders of TeleCorp and the stockholders of Tritel: (a) by mutual written consent duly authorized by the Boards of the Holding Company (or, before the Effective Time, TeleCorp) and AT&T; (b) by either the Holding Company (or, before the Effective Time, TeleCorp) or AT&T if the Closing shall have occurred but the Contribution shall not have occurred on or before the Outside Date; provided, however, that the -------- ------- right to terminate the Contribution under this Section 8.3(b) shall not be -------------- available to any party whose willful failure to fulfill any material 127 obligation under this Agreement has been the cause of, or resulted in, the failure of the Contribution to occur before such date; (c) by either the Holding Company (or, before the Effective Time, TeleCorp) or AT&T, upon written notice to the other party, if a Governmental Authority of competent jurisdiction shall have issued an injunction, order or decree enjoining or otherwise prohibiting the consummation of the Contribution, and such injunction, order or decree shall have become final and non-appealable; provided, however, that the party seeking to terminate this Agreement pursuant -------- ------- to this Section 8.3(c) has used reasonable best efforts to remove such -------------- injunction, order or decree; or (d) by TeleCorp or the Holding Company pursuant to Section ------- 1.14(d)(ii).
View SourceView Similar (3)
Termination of Contribution. 127 8.4 Obligations in Event of Termination of Contribution............................................................ 128 ARTICLE IX NO SURVIVAL
View SourceView Similar (3)
Termination of Contribution. Notwithstanding any other provision of this Agreement to the contrary, from and after the Amendment Date, no Receivables, Interchange, or other property shall be contributed by Sears to SRFG pursuant to the Contribution Agreement. On the Amendment Date, each of Sears and SRFG shall mark its books and records (including its computer files) ▇▇ indicate such cessation." V. Amendment to Section 3.01(a). ---------------------------- Section 3.01 (a) of the Purchase Agreement is amended and restated to read in its entirety as follows: (a) Organization, etc. SRFG has been duly formed and is validly existing and in good standing under the laws of the jurisdiction of its formation, and has full power and authority to execute and deliver this Agreement and to perform the terms and provisions hereof."
View SourceView Similar (2)
Termination of Contribution. Notwithstanding any other provision of this Agreement to the contrary, from and after the Amendment Date, no Receivables, Interchange, or other property shall be contributed by Sears to SRFG pursuant to this Agreement. On the Amendment Date, each of Sears and SRFG shall mark its books and records (including its computer files) ▇▇ indicate such cessation." IX. Amendment to Section 6.01(b). ---------------------------- Section 6.01 (b) of the Warehouse Agreement is amended and restated to read in its entirety as follows:
View Source

Related to Termination of Contribution

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • Termination of Contract The Department may terminate the Contract for refusal by the Contractor to comply with this section by not allowing access to all public records, as defined in Chapter 119, F. S., made or received by the Contractor in conjunction with the Contract.

  • Termination of Participation If the Administrator determines in good faith that the Executive no longer qualifies as a member of a select group of management or highly compensated employees, as determined in accordance with ERISA, the Administrator shall have the right, in its sole discretion, to cease further benefit accruals hereunder.

  • Payment of Contributions The College and eligible academic staff members of the plan shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

  • Termination of Contract for Cause 5.1.1 If A-E breaches any of the covenants or conditions of this CONTRACT, COUNTY shall have the right to terminate this CONTRACT upon ten (10) days written notice prior to the effective day of termination. 5.1.2 A-E shall have the opportunity to cure the alleged breach prior to termination. 5.1.3 In the event the alleged breach is not cured by A-E prior to termination, all work performed by A-E pursuant to this CONTRACT, which work has been reduced to plans or other documents, shall be made available to COUNTY.