Termination of Modification Sample Clauses

The 'Termination of Modification' clause defines the conditions under which any changes or amendments to an agreement can be ended or revoked. Typically, this clause outlines the process for withdrawing or reversing previously agreed-upon modifications, such as requiring written notice from one or both parties or specifying a timeframe within which termination is allowed. Its core function is to provide a clear mechanism for parties to revert to the original terms of the contract if a modification is no longer desired, thereby ensuring flexibility and protecting the interests of both sides in the event that a change proves unworkable or unnecessary.
Termination of Modification. Either party desiring to terminate or modify this Contract must notify the other party in writing at least sixty (60) days but no more than ninety (90) days prior to June 30, 2025 or at least sixty (60) days but no more than ninety (90) days prior to June 30 of any year thereafter. A notice of desire to modify this Contract shall set forth specifically all proposed modifications sought by the party, and all clauses of this Contract for which no modification is sought shall be renewed automatically. Negotiations with respect to proposed modifications may commence at any time after notice of proposed modification has been given.
Termination of Modification. Either party desiring to terminate or modify this Contract must notify the other party according to statutory requirements
Termination of Modification. Except as provided below, this Modification shall terminate and be of no further force and effect as of the earliest date on which (a) no Event of Default with respect to SCE has occurred and is continuing, including any event that would be an Event of Default under Sections 5.1(d) and 5.1 (g) of the Master Agreement but for this Modification and (b) there is no longer any Downgrade Event as to SCE; provided, however, that the provisions of Sections 2(c) and 6 of this Modification and the terms of the Assumption Order shall survive any such termination.
Termination of Modification. Appendices. . . .
Termination of Modification. A. This Supplemental Agreement No. 1 may be terminated: i) by any party under the provisions set forth in Section XIX "Termination" of the Agreement, or ii) by Customer if Sanmina fails to deliver [***] finished radios to Customer, based on current design, within six (6) months from the execution of this Supplemental Agreement No. 1. Delivery based on material availability of supply chain specified by Customer B. In the event of termination of this Supplemental Agreement No. 1 and/or the Agreement for any reason, Sanmina will surrender to Customer all Radio Kits purchased by Customer and consigned to Sanmina, less the amount of Consigned Goods already manufactured into finished Radios and delivered and accepted by Customer. Should there be a shortage of components and Sanmina can only return "Partial" Radio Kits, the parties will mutually agree on how Customer will be compensated for the shortfall in components. If the parties are unable to mutually agree upon how Customer is to be compensated for the shortfall in components, Customer may accept some combination of Approved Components equal in value to the shortfall, or pursue any other remedies it has under the law. C. In the event of termination as provided in Section IV. B., Sanmina, at Customer's option, will return all Consigned Goods by: (1) making them available for pick-up by Customer; or (2) at Sanmina's expense, package and transport the remaining Consigned Goods by common carrier to location(s) designated by Customer within the continental United States. Consigned Goods that are to be transported will be packaged and labeled in accordance with Customer's specific shipping instructions.

Related to Termination of Modification

  • TERMINATION OR MODIFICATION This Agreement may be terminated by either party upon fifteen (15) days written notice. No modification to the Agreement can be made without written approval of City and IC. Any and all sums advanced to IC under Section 2 must be refunded in full upon submission of the written notice to terminate

  • TERMINATION AND MODIFICATION 271 - This Agreement shall continue in full force and effect from the date hereof until 11:59 p.m., June 30, 2002, and from year to year thereafter unless notice of termination or modification is given as provided in Paragraphs 273, 274, and 275 below. 272 - If either party desires to terminate this Agreement, it shall, sixty (60) days prior to the termination date, give written notice of termination. If neither party shall give notice of termination of this Agreement as provided in this paragraph or notice of amendment, as hereinafter provided, or if each party giving a notice of termination withdraws the same prior to termination date, this Agreement shall continue in effect from year to year thereafter subject to notice of termination by either party on sixty (60) days written notice prior to the current year's termination date. 273 - If either party desires to modify or change this Agreement, it shall sixty (60) days prior to the termination date or any subsequent termination date, give written notice of amendment in which event the notice of amendment shall set forth the nature of the amendment or amendments desired. If notice of amendment of this Agreement has been given in accordance with this paragraph, this Agreement may be terminated by either party on ten (10) days written notice of termination but not before the effective termination date of this Agreement. Any amendments that may be agreed upon shall become and be a part of this Agreement without modifying or changing any of the other terms of this Agreement. 274 - Notice of Termination Modification. Notice shall be in writing and shall be sufficient if sent by certified mail addressed to the Union, and if to the Employer, addressed to Director, Employee Relations, or to any such address as the Union or the Employer may make available to each other. 275 - This Agreement shall be effective from and after July 1, 1999, until and including June 30, 2002, with respect to all provisions of this Agreement.

  • TERM, TERMINATION, AND MODIFICATION OF RIGHTS 12.1 This Agreement is effective beginning with the Effective Date and shall extend to the expiration of the last to expire of the Patent Rights unless sooner terminated as provided in this Article 12. Upon termination of this Agreement pursuant to this Article 12 as to a Licensed Product prior to expiration of Company’s royalty obligations with respect to such Licensed Product, Company’s rights under Article 3 of this Agreement shall cease, effective immediately, with respect to such Licensed Product. After Company’s royalty obligations as to a Licensed Product have expired in a country, Company shall have a perpetual, full and unrestricted right to make, use, offer for sale, sell and import such Licensed Product in such country under the Patent Rights, Gene-Therapy Know-How and Know-How. Following expiration of this Agreement in its entirety, Company’s rights under Article 3 of this Agreement shall convert to a fully paid-up, non-royalty bearing, perpetual, unrestricted right to use the Patent Rights, Gene-Therapy Know-How and Know-How. 12.2 In the event that Company is in default in the performance of any material obligations under this Agreement, and if the default has not been remedied within [**] days after the date of notice in writing of such default, CHOP may terminate this Agreement by written notice. 12.3 In the event that Company becomes insolvent, files a petition in bankruptcy, has such a petition filed against it, determines to file a petition in bankruptcy, or receives notice of a third party’s intention to file an involuntary petition in bankruptcy, Company shall immediately notify CHOP in writing. 12.4 Company shall have a unilateral right to terminate this Agreement and/or any licenses in any country without cause by giving CHOP ninety (90) days prior written notice to that effect. 12.5 CHOP reserves the right of 35 U.S.C. §203 to terminate or modify this Agreement solely to the extent that such action is legally necessary to meet requirements of the applicable federal statutes or regulations and such requirements are not reasonably satisfied by Company. Within [**] days of receipt of written notice of CHOP’s belief or notification from the government that it is legally necessary to modify or terminate this Agreement, Company shall, if Company disagrees with such assessment, notify CHOP of such disagreement and the basis for Company’s position and this Agreement shall not be terminated or modified unless and until such disagreement is resolved in accordance with Paragraph 13.12 or by the exercise of the march-in-rights by the government. 12.6 Within [**] days of termination or expiration of this Agreement, a final report and all accrued payments shall be submitted by Company. If this Agreement is terminated under this Article 12, sublicenses may be converted to direct licenses with CHOP pursuant to Paragraph 4.4.

  • Term, Termination and Modification This Agreement is effective for the time period indicated on Appendix A, unless sooner terminated as provided below in this Paragraph. This Agreement may be terminated by mutual agreement of the parties at any time or by the Registrant on behalf of any one or more of the Funds upon thirty (30) days’ written notice to the Adviser. In addition, this Agreement shall terminate with respect to a Fund upon termination of the Advisory Agreement with respect to such Fund.

  • TERM, MODIFICATION AND TERMINATION OF AGREEMENT This Agreement with respect to the Fund shall continue in effect until the expiration date set forth on Schedule A (the “Expiration Date”). With regard to the Operating Expense Limits, the Trust’s Board of Trustees and the Adviser may terminate or modify this Agreement prior to the Expiration Date only by mutual written consent. This Agreement shall terminate automatically upon the termination of the Advisory Agreement; provided, however, that the obligation of the Trust to reimburse the Adviser with respect to a Fund shall survive the termination of this Agreement unless the Trust and the Adviser agree otherwise.