Termination of Service Contract Clause Samples

Termination of Service Contract. If any of the Service Contracts entered into by and between EDC WGQ and China Telecom Shanghai Branch Office (中国电信股份有限公司上海分公司) in relation to the Projects with Alibaba Group as the end-user (at the date of this Agreement, including a service contract with contract number of SHSXW1300880C00ZS and a supplemental service contract with contract number of SHSXW1500292CGN00) is terminated by notification from China Telecom Shanghai Branch Office: (a) the Obligors’ Agent shall as soon as reasonably practicable notify the Facility Agent upon becoming aware of that event; and (b) The Borrowers shall, within 6 Months upon the receipt of such termination notice from China Telecom Shanghai Branch Office, reduce the Total Commitments and/or prepay the outstanding Loans, provided that the total amount of the Total Commitments so reduced, and/or the Loans so prepaid shall be up to RMB 250,000,000; unless where the Borrowers provide evidence satisfactory to all Lenders evidencing that relevant parties are in discussions with a replacement customer or customers to take up an equivalent value of such Service Contract, the Borrowers may defer the aforesaid reduction and/or prepayment for an additional 3 Months. For avoidance of doubt, if the Borrowers fail to enter into any new Service Contract satisfactory to all Lenders within 9 Months upon the receipt of such termination notice from China Telecom Shanghai Branch Office, the Borrowers shall make reduction and/or prepayment stipulated in paragraph (b) above.

Termination of Service Contract. 11.1. As a consequence of the Client being in breach of this Agreement, ELITE Asia has the right to terminate the provision of Service. In such an event, the Client is liable for all outstanding Fees related to Service already completed prior to the date of cancellation and a cancellation Fees on the basis of a breach of the Service Contract. The standard cancellation Fees of SGD$200.00 or 10% of the total value of the contract, whichever is the greater will be applicable. 11.2. Should ELITE Asia breach the Service Contract, the Client is entitled to terminate the Service relationship with ELITE Asia and cancel any already submitted order(s). In this event, ELITE Asia shall return to the Client all Source Materials previously supplied by the Agency or Client. The Agency or Client will also receive any and all completed work prior to the date of cancellation. In the above eventuality, the Client will only be liable for Fees applicable to work already completed

Termination of Service Contract. This contract shall be terminated in compliance to following provisions:

Termination of Service Contract. 11.1 Without affecting any of its rights or remedies, either party to a Service Contract may terminate it with immediate effect by giving written notice to the other party if: (a) the other party commits a material breach of any term of the Service Contract and (if such breach is remediable) fails to remedy that breach within a period of twenty days after being notified in writing to do so. (b) any of the events set out in paragraph 11.2 of these Applicable Terms occur. 11.2 The following events constitute rights of termination under paragraph 11.1(b) of these Applicable Terms: (a) the other party suspends, or threatens to suspend, payment of its debts or is unable to pay its debts as they fall due or admits inability to pay its debts or (being a company) is deemed unable to pay its debts within the meaning of section 123 of the Insolvency ▇▇▇ ▇▇▇▇ or (being a partnership) has any partner to whom any of the foregoing apply; or (b) the other party commences negotiations with all or any class of its creditors with a view to rescheduling any of its debts, or makes a proposal for or enters into any compromise or arrangement with its creditors other than (being a company) for the sole purpose of a scheme for a solvent amalgamation of that other party with one or more other companies or the solvent reconstruction of that other party; or (c) a petition is filed, a notice is given, a resolution is passed, or an order is made, for or in connection with the winding up of that other party (being a company) other than for the sole purpose of a scheme for a solvent amalgamation of that other party with one or more other companies or the solvent reconstruction of that other party; or (d) an application is made to court, or an order is made, for the appointment of an administrator, or if a notice of intention to appoint an administrator is given or if an administrator is appointed, over the other party (being a company); or (e) the holder of a qualifying floating charge over the assets of that other party (being a company) has become entitled to appoint or has appointed an administrative receiver; or (f) a person becomes entitled to appoint a receiver over the assets of the other party or a receiver is appointed over the assets of the other party; or (g) a creditor or encumbrancer of the other party attaches or takes possession of, or a distress, execution, sequestration or other such process is levied or enforced on or sued against, the whole or any part of the other pa...

Termination of Service Contract. The Company shall provide a minimum of two months notice or pay in lieu to the employees in the event the company loses the service contract with Transit. Upon serving the above notice, the Union agrees that such notice shall have the same force and effect as a lay off notice to all employees. ARTICLE CLASSIFICATIONS WAGES I I I Start hours or months months hours Mechanic Conventional Driver Community Bus Driver Driver Dispatcher Clerk I Clerk Conventional Driver Community Bus Driver Clerk I Clerk Mechanic Conventional Driver Community Bus Driver Driver Dispatcher Clerk I Clerk Lead Hand Rate Mechanic Salmon Arm per hour for all regular hours to a maximum hours/ week P For every hour worked for full time employees as defined in collective agreement. For every hour worked for full time mechanics Employees at the top wage rate at the date of ratification of the collective agreement shall remain at the top rate and the percentage increase shall apply to the top rate.

Termination of Service Contract. In the event of breach of terms of this Service Contract, the non-breaching party shall have the right to terminate and cancel this agreement upon thirty (30) days notice served upon the breaching party, which notice shall describe with particularity the event or circumstances of breach. Likewise, either party shall have the right to terminate this Service Contract even absent perceived breach, upon sixty (60) day written notice to the other party. In the event that circumstances adversely affecting the health and safety of students, or in the event of fraud, either party shall have the right to immediate cancellation and termination of this agreement upon the provision of written notice to the other party, which notice shall describe with particularity the circumstances adversely affecting the health and safety of students or with constitute fraud. Notice under this provision of the Service Contract is deemed serviced or provided when hand-delivered to the other party, or three (3) days following deposit of same for transmittal by First Class United States Postal Service mails, at the address first listed for each party hereinabove. ▇▇▇▇▇▇▇▇▇ shall be considered for all legal purposes as an independent contractor, and not an employee of BW. Aside from the aforementioned obligations to provide for the school psychology requirements of each individual evaluation, and to honor each request for evaluation or consultation by the Director of Special Education or the Director's designee, ▇▇▇▇▇▇▇▇▇ shall be solely responsible for the manner in which school psychology services. ▇▇▇▇▇▇▇▇▇ shall be solely responsible for compliance with all state and Federal regulations governing the payment of taxes on the consideration provide herein, and for the payment of any wages to subordinate employees or agents of KEckhardt.

Termination of Service Contract. 9.1. The contract may be terminated by: - 9.1.1. Either party not less than 90 days’ notice in writing to the other, stating that the agreement is to terminate at the end of the Primary Period or the next Contract Anniversary if outside the Primary Period. 9.2. Should you wish to cancel your services prior to your contract anniversary or renewal date you will be liable for the full contract period without deduction or retention. The Company may terminate the Contract at any time by giving notice in writing to the Customer if the Customer: 9.2.1. commits a material breach of Contract and such breach is not remediable; 9.2.2. commits a material breach of the Contract which is not remedied within 14 days of receiving written notice of such breach; or 9.2.3. has failed to pay any amount due under the Contract on the due date and such amount remains unpaid within 30 days after the Company has given notification that the payment is overdue. 9.2.4. stops carrying on all or a significant part of its business, or indicates in any way that it intends to do so; 9.2.5. is unable to pay its debts either within the meaning of section 123 of the Insolvency ▇▇▇ ▇▇▇▇ or if the Company reasonably believes that to be the case; 9.2.6. is unable to pay its debts either within the meaning of section 123 of the Insolvency ▇▇▇ ▇▇▇▇ or if the Company reasonably believes that to be the case; or 9.3. becomes the subject of any insolvency process under the Insolvency ▇▇▇ ▇▇▇▇; Termination or expiry of the Contract shall not affect any accrued rights and liabilities of the Company at any time up to the date of termination.

Termination of Service Contract. The Service Contract shall be for a term commencing on the date of the Service Contract up to 31 October 2021 (both days inclusive). The Service Contract may be early terminated by mutual agreement of both parties. In the event of (i) any breach of the Service Contract by HK Zhixin or any default or misconduct on the part of HK Zhixin; (ii) a change in shareholding of HK Zhixin such that ▇▇. ▇▇▇▇ ▇▇ ▇▇▇▇ and ▇▇. ▇▇▇ ▇▇▇ ▇▇▇, individually or together, do not hold 100% interests of HK Zhixin; (iii) the management of HK Zhixin is not composed of ▇▇. ▇▇▇ ▇▇▇ ▇▇▇, ▇▇. ▇▇▇▇ ▇▇ ▇▇▇▇ and ▇▇. ▇▇▇ ▇▇▇ ▇▇; or (iv) any order made, or petition presented, or resolution passed for the winding up of, or appointment of a provisional liquidator to, HK Zhixin, or any receiver, manager or the like has been appointed in respect of any of the assets or undertakings of HK Zhixin, HK Zhixin will be deemed to have breached the Service Contract and the Company shall be entitled to terminate the Service Contract at any time, and such termination shall not affect the Company’s rights or claims against HK Zhixin. The Directors believe that it is commercially beneficial for the Company to engage the Services of HK Zhixin for the purpose of enhancing the relations between the Company and its investors, which may improve the Company’s communications with investors, potential investors and media and increase the market presence of the Group.

Termination of Service Contract. In the event of breach of terms of the Service Contract, the non-breaching party shall have the right to terminate and cancel this agreement upon thirty (30) days' notice served upon the breaching party, which notice shall describe with particularity the event or circumstances of breach. likewise, either party shall have the right to terminate this Service Contract even absent perceived breach, upon sixty {60) day written notice to the other party. In the event that circumstances adversely affecting the health and safety of students, or in the event of fraud, either party shalf have the right to terminate cancellation and termination of this agreement upon the provision of written notice to the other party, which notice shall describe with particularity the circumstances adversely affecting the health and safety of students or with constitute fraud. Notice under this provision of the Service Contract is deemed serviced or provided when hand-delivered to the other party, or three (3) days following deposit of same for transmittal by First Class United States Postal Service, at the address first listed for each party hereinabove.