Termination of process Sample Clauses

The 'Termination of process' clause defines the conditions under which a particular process or procedure may be brought to an end before its natural completion. Typically, this clause outlines the specific events, breaches, or mutual agreements that can trigger termination, and may detail the steps required to formally notify the parties involved. Its core practical function is to provide a clear mechanism for ending the process, thereby managing expectations and reducing uncertainty or disputes about how and when the process can be concluded.
Termination of process. A party to a Dispute may terminate the dispute resolution process by giving notice to each other party after it has complied with clauses 22.1 to 22.
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Termination of process. The Participants agree that participation in the Collaborative process is voluntary and that any Participant has the unilateral right to terminate the process, with or without cause, at any time. Termination of the Collaborative process occurs (1) when a Participant gives written notice to other Participant that the process is ended, or (2) when a Participant discharges a Collaborative attorney or a Collaborative attorney withdraws from further representation of a Participant, except as set forth in Section XI below.
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Termination of process. If there are no Initial Offers in cash that satisfy the definition of Liquidity Event in an amount that equals or exceeds the price (on a per Ordinary Share basis) set forth in the highest priced ROFO Liquidity Offer (or, if no ROFO Liquidity Offer was made, none of the Initial Offers are acceptable to the Initiating Shareholder or any Participating Shareholder), then the Process shall be promptly terminated and no Significant Shareholder Group shall be permitted to deliver another Initiating Notice for a period of six months from the date the Process is formally terminated by the Corporation.
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Termination of process. A Party to a Dispute may terminate the dispute resolution process by giving notice to each other Party to the Dispute after it has complied with clauses 24.1 to 24.4. Clauses 24.7 and 24.8 survive termination of the dispute resolution process. In this clause 25: GST exclusive consideration means the consideration payable or to be provided for a Supply, but for the application of this clause 25; Recipient means a Party to whom a Supply is made; Supply means a supply made under or in connection with this Agreement; Supplier means a Party making a Supply; and words or expressions that are defined in the A New Tax System (Goods and Services Tax) ▇▇▇ ▇▇▇▇ (Cth) have the same meaning in this clause 25.
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Related to Termination of process

  • Termination of Proceedings In case the Trustee shall have proceeded to enforce any right under this Indenture by the appointment of a receiver, or otherwise, and such proceedings shall have been discontinued or abandoned for any reason, or shall have been determined adversely, then and in every such case the Issuer, the Company and the Trustee shall be restored to their former positions and rights hereunder, respectively, with respect to the Trust Estate, and all rights, remedies and powers of the Trustee shall continue as if no such proceedings had been taken.

  • Suspension and termination of procedure 1. The disputing Parties may agree to suspend the work of the Panel at any time for a period not exceeding 12 months following the date of such agreement. In any event, if the work of the Panel has been suspended for more than 12 months, the authority of the Panel shall lapse, unless the disputing Parties agree otherwise. If the authority of the Panel lapses and the disputing Parties have not reached an agreement on the settlement of the dispute, nothing in this Article shall prevent a Party from requesting a new proceeding regarding the same matter. 2. At any time prior to the release of the Panel report, the Parties may agree to terminate the procedures before a Panel by jointly notifying the chair of the Panel on this respect.

  • Duration of Processing Subject to any Section of the DPA and/or the Agreement dealing with the duration of the Processing and the consequences of the expiration or termination thereof, Data Processor will Process Personal Data for the duration of the Agreement, unless otherwise agreed upon in writing.