Termination of Existing Arrangements Sample Clauses

The 'Termination of Existing Arrangements' clause serves to formally end any prior agreements or contracts between the parties that relate to the subject matter of the new agreement. In practice, this clause ensures that once the new contract is executed, any previous arrangements—such as earlier service agreements, supply contracts, or memoranda of understanding—are rendered null and void, preventing overlap or conflict between old and new terms. Its core function is to provide clarity and avoid disputes by ensuring that only the terms of the current agreement govern the parties' relationship moving forward.
Termination of Existing Arrangements. Any Participant or Purchaser may, at any time and without penalty or liability, terminate any existing contract or other arrangement with Vendor in order to purchase under this Agreement notwithstanding any provision to the contrary in any such existing contract or arrangement.
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Termination of Existing Arrangements. On the signing of this agreement by representatives of the parties, the parties agree that all previous agreements, arrangements, understandings, customs and practices whether written, verbal or implied which are not specifically written into this agreement are rescinded and replaced by this agreement and have no further application to the site. Any agreement to maintain these will be documented in proceeding sub-clauses: ❑ Short term shift transfer at company directive Where an employee normally employed on a shift attracting shift allowance is required by the Company to change shift for a temporary period in order to effect any business directive, then that employee will retain their normal shift allowance. For the purposes of this clause only, the term “temporary” is defined as a time frame less than four (4) weeks.
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Termination of Existing Arrangements. Employee agrees that (a) any employment or consulting agreements or other such arrangements, as such agreements or arrangements were applicable to Employee prior to the Effective Date (except such employment or consulting agreements or other arrangements which are listed on Exhibit A hereto) and (b) any Company programs with respect to retention or performance incentive payments or severance or similar benefits, as such payments or benefits were applicable to Employee prior to the Effective Date ((a) and (b) being collectively referred to as the "Prior Arrangements"), are hereby terminated.
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Termination of Existing Arrangements. The Seller must ensure that all distribution, licensing and/or royalty arrangements between the Company and any other member of the Seller Group are terminated (without further liability of the Company) at Completion with effect from the Effective Date.
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Termination of Existing Arrangements. Each of NII Telecom and NII Parent (for itself and for each member of the Retained NII Group), hereby irrevocably agrees that, with effect from the Effective Date: (a) all Existing Arrangements shall be terminated; (b) any and all rights and obligations of (i) the Retained NII Group and (ii) any Group Member under, pursuant to or in connection with the Existing Arrangements which are subsisting or outstanding at the Effective Date shall be waived and released, including any and all rights and obligations which may have accrued prior to the Effective Date and each party expressly waives any and all claims it may have in respect thereof; (c) any and all debts or liabilities (including any interest thereon and whether actual, contingent or prospective) of (i) the NII Retained Group, and (ii) any Group member under, pursuant to or in connection with the Existing Arrangements which are subsisting or outstanding at Effective Date shall be waived, released and discharged; and (d) NII Telecom and NII Parent shall, or shall procure that the relevant member of the NII Retained Group shall, continue to provide the Continuing Arrangements on the terms set out in Section 4.13 below.
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Termination of Existing Arrangements. 3.1 The parties acknowledge that the following agreements (“the Terminated Agreements”) were terminated with effect from the date of the Original Agreement: 3.1.1 the Original Investment Adviser’s Agreement; and 3.1.2 the Administration Agreements; 3.2 Termination of the Terminated Agreements was without prejudice to any claim by the Company against the Investment Adviser and the Original Administrator who remain jointly and severally liable to the Company for any breach of the Terminated Agreements committed by either of them prior to the date of the Original Agreement or such other rights that the Company shall have accrued prior to the date of this Agreement under the Terminated Agreements against the Investment Adviser and the Original Administrator who agreed that they shall be jointly and severally liable to the Company in respect thereof. 3.3 Termination of the Terminated Agreements was without prejudice to any claim by the Investment Adviser or the Original Administrator against the Company for any breach of the Terminated Agreements committed by the Company prior to the date of the Original Agreement or such other rights of the Investment Adviser or the Original Administrator against the Company accrued under the Terminated Agreements prior to the date of the Original Agreement.
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Termination of Existing Arrangements. 3.1 The parties acknowledge that the following agreements (“the Terminated Agreements”) were terminated with effect from the Effective Date: 3.1.1 the Ordinary Share Management Agreement; 3.1.2 the S Share Management Agreement; 3.1.3 the Ordinary Share Administration Agreement; 3.1.4 the S Share Administration Agreement; and 3.1.5 an annual expenses deed dated 12 September 2007 between the Company (1) the Investment Adviser (2) Foresight Group LLP (in respect of whom the annual expenses deed was terminated in March 2009) (3) and the Original Administrator (4). 3.2 Termination of the Terminated Agreements was without prejudice to any claim by the Company against the Investment Adviser and the Original Administrator who shall be jointly and severally liable to the Company for any breach of the Terminated Agreements committed by either of them prior to the Effective Date or such other rights that the Company shall have accrued prior to the Effective Date under the Terminated Agreements against the Investment Adviser and the Original Administrator who agreed that they shall be jointly and severally liable to the Company in respect thereof. 3.3 Termination of the Terminated Agreements was without prejudice to any claim by the Investment Adviser or the Original Administrator against the Company for any breach of the Terminated Agreements committed by the Company prior to the Effective Date or such other rights of the Investment Adviser or the Original Administrator against the Company accrued under the Terminated Agreements prior to the Effective Date.
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Termination of Existing Arrangements 
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Related to Termination of Existing Arrangements

  • Termination of Existing Agreements Any previous employment agreement between Executive on the one hand and Employer or any of Employer’s Affiliates (as hereinafter defined) on the other hand is hereby terminated.

  • Termination of Existing Credit Agreement Receipt by the Administrative Agent of evidence that the Existing Credit Agreement concurrently with the Closing Date is being terminated and all Liens securing obligations under the Existing Credit Agreement concurrently with the Closing Date are being released.

  • Termination of Existing Tax Sharing Agreements Any and all existing Tax sharing agreements (whether written or not) binding upon the Target Company or any of its Subsidiaries shall be terminated as of the Closing Date. After such date neither the Target Company nor any of its Subsidiaries or Representatives shall have any further rights or liabilities thereunder.

  • Ratification of Existing Agreements All existing Dual Enrollment agreements between the TRUSTEES and the Private School are hereby modified to conform to the terms of this agreement and the appendices of this document.

  • Termination of Sub-Contracts The Authority may require the Supplier to terminate: a Sub-Contract where: the acts or omissions of the relevant Sub-Contractor have caused or materially contributed to the Authority's right of termination pursuant to any of the termination events in Clause 32 (Authority Termination Rights) except Clause 32.6 (Termination Without Cause); and/or the relevant Sub-Contractor or its Affiliates embarrassed the Authority or otherwise brought the Authority into disrepute by engaging in any act or omission which is reasonably likely to diminish the trust that the public places in the Authority, regardless of whether or not such act or omission is related to the Sub-Contractor’s obligations in relation to the Goods and/or Services or otherwise; and/or a Key Sub-Contract where there is a Change of Control of the relevant Key Sub-contractor, unless: the Authority has given its prior written consent to the particular Change of Control, which subsequently takes place as proposed; or the Authority has not served its notice of objection within six (6) months of the later of the date the Change of Control took place or the date on which the Authority was given notice of the Change of Control. Where the Authority requires the Supplier to terminate a Sub-Contract or a Key Sub-Contract pursuant to Clause 24.3.1 above, the Supplier shall remain responsible for fulfilling all its obligations under this Framework Agreement including the provision of the Goods and/or Services.