TERMINATION OF THE RELATIONSHIP Clause Samples

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TERMINATION OF THE RELATIONSHIP. Both the Customer and the Bank may terminate the relationship between the Customer and the Bank. If the relationship is terminated by the Bank it shall, upon request, inform the Customer of the reason for such termination. After notice of termination has been given, the existing individual agreements between the Customer and the Bank shall be settled as soon as possible but subject to the applicable time periods. During such settlement the present General Conditions shall remain in full force.
TERMINATION OF THE RELATIONSHIP. Either party can at any time cease to make further disclosures of its confidential information, and either party can refuse to accept further disclosures of confidential information from the other party. However, such actions shall not relieve either party of its obligations with regard to any prior disclosures of confidential information.
TERMINATION OF THE RELATIONSHIP. ‌ 12.1. You may, at any time, terminate these Conditions and any Product Terms (unless such terms specify otherwise) by notifying us of your wish to do in writing. Such termination will not be effective until everything you owe us has been paid. 12.2. If you have entered into Product Terms in respect of a fixed term deposit account with us at such time that you serve notice under 12.1, your notice will, unless agreed otherwise, be deemed to be an instruction to terminate upon the maturity of the relevant deposit. 12.3. We can terminate this Agreement and any Product Terms (unless such terms specify otherwise) by giving you at least 60 days’ written notice. On expiry of the 60 days’ notice, or such other period as we may specify, all accounts you have with us will be closed. Any services which we provide will end as soon as your accounts are closed. 12.4. We may terminate these Conditions (and, subject to their terms, any Product Terms) immediately and/or close any or all of your accounts if we reasonably believe that: 12.4.1. you do not meet our eligibility requirements for one or more accounts; 12.4.2. you have given us any false information at any time; 12.4.3. you or someone else is using one of your accounts illegally or for criminal activity; 12.4.4. you are bankrupt; 12.4.5. your conduct (or that of persons acting on your behalf) means that it is inappropriate for us to maintain your accounts and/or a relationship with you; 12.4.6. by maintaining your accounts and/or our relationship with you, we might break or breach Applicable Law or regulation, code, contractual obligation or other duty which applies to us; 12.4.7. by maintaining your accounts and/or our relationship with you we may damage our reputation; or 12.4.8. you have been in serious or persistent breach of these Conditions or any other agreement between us. 12.5. All our costs linked either directly or indirectly to the recovery of any debt owed by you to us will be at your expense. 12.6. If the settlement of the accounts produces a balance in your favour, it is your responsibility to inform us where such balance is to be remitted. In the absence of any clear instructions, we will hold such balance in a non-interest bearing suspense account.
TERMINATION OF THE RELATIONSHIP. The recognition of a broker under these Terms of Business is at our sole and absolute discretion. If we want to withdraw recognition we will give ninety (90) days’ written notice. 3.5.1 We will withdraw recognition of a broker without notice if the broker: a) Commits an act of bankruptcy, or becomes insolvent, or compounds with its creditors, or if a resolution is passed or proceedings start for its liquidation, or if a receiver, administrator or manager is appointed in respect of all or part of its assets or undertaking. b) Breaches these Terms of Business and either the breach cannot be remedied or, if it can be, it is not done within thirty (30) days of the broker receiving written notification from us specifying the breach. c) Ceases to be authorised by the FCA or ceases to comply with its Rules, including the Handbook or ceases to hold adequate Professional Indemnity insurance or is deemed not to have sufficient resources and competence to adequately service a Credit Insurance contract. d) Ceases to be registered under the applicable General Data Protection Regulation or ceases to hold and process data in accordance with that Regulation. e) Fails to bring to our immediate attention any non-disclosure of material information by a client or a prospective client that has come to their attention. f) Is administering and operating accounts in a manner that is causing, or likely to cause, prejudice to the client or to us. 3.5.2 We reserve the right to cease both to do business with and to pay commission to any broker in respect of any contract or account which, in our opinion, the broker is failing to service or administer satisfactorily. 3.5.3 In the event a client commits an act of bankruptcy, or becomes insolvent, or compounds with their creditors, or if a resolution is passed or proceedings start for their liquidation, or if a receiver, administrator or manager is appointed in respect of all or part of his assets or undertaking then we will deem the agreement between the broker and the client as terminated. 3.5.4 In the event of a termination, for whatever event, we are entitled to a rebate in respect of commission paid in advance for the year, which we may without prejudice to any other rights, set off against any future earnings due to the broker.
TERMINATION OF THE RELATIONSHIP. If you wish you terminate this Agreement and your Relationship, you must first terminate all Accounts opened under it. This Agreement and your Relationship will automatically terminate if no Accounts are active under it for a period of thirteen (13) months. Sponsor may, in its sole discretion and at any time, terminate this Agreement and your Relationship upon thirty (30) days prior written notice to you. If this Agreement and your Relationship are closed in error, Sponsor may reopen your Relationship for up to twelve (12) months and will provide notice of that reopening to you.
TERMINATION OF THE RELATIONSHIP. Subject to the terms and conditions herein, the Relationship between the Company and Sands Brothers is hereby terminated as of the date herein (the "Separation Date").
TERMINATION OF THE RELATIONSHIP. The recognition of a broker under this Terms of Business Agreement is at our sole and absolute discretion. If we want to withdraw recognition we will give 90 days’ written notice. 3.4.1 We will withdraw recognition of a broker without notice if the broker: a) Commits an act of bankruptcy, or becomes insolvent, or compounds with his creditors, or if a resolution is passed or proceedings start for his liquidation, or if a receiver, administrator or manager is appointed in respect of all or part of his assets or undertaking. b) Breaches these Terms of Business and either the breach cannot be remedied or, if it can be, it is not done within 30 days of the broker receiving written notification from us specifying the breach. c) Ceases to be authorised by the Central Bank of Ireland or other regulatory body, or ceases to hold adequate Professional Indemnity insurance, or is deemed not to have sufficient resources and competence to adequately service a Credit Insurance contract. d) Ceases to be registered under the General Data Protection Regulation or ceases to hold and process data in accordance with that Regulation. e) Fails to bring to our immediate attention any non-disclosure of material information by a client or a prospective client that has come to their attention. f) Is administering and operating accounts in a manner that is causing, or likely to cause, prejudice to the client or us. 3.4.2 We reserve the right to cease both to do business with and to pay commission to any broker in respect of any contract or account which, in our opinion, the broker is failing to service or administer satisfactorily. 3.4.3 In the event a client commits an act of bankruptcy, or becomes insolvent, or compounds with their creditors, or if a resolution is passed or proceedings start for their liquidation, or if a receiver, administrator or manager is appointed in respect of all or part of his assets or undertaking then we will deem the agreement between you and the client as terminated. 3.4.4 In the event of a termination, for whatever event, we are entitled to a rebate in respect of commission paid in advance for the year, which we may without prejudice to any other rights, set off against any future earnings due to you.

Related to TERMINATION OF THE RELATIONSHIP

  • Termination of Relationship If Optionee terminates Continuous Status as an Employee or Consultant for any reason, Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultant, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

  • Nature of the Relationship Nothing in this Agreement shall be construed to create a partnership, joint venture, employment, or agency relationship. The Company is agreeing only to provide Client with access to the Program, which provides education and information. The information contained in the Program, including any interactions with the instructors, is not intended as, and shall not be understood or construed as, professional advice.

  • Termination of Service Relationship If the Optionee’s Service Relationship terminates, the period within which to exercise the Stock Option may be subject to earlier termination as set forth below.

  • Termination of Business Relationship If the Optionee's Business Relationship with the Company and all Related Corporations is terminated, other than by reason of death, disability or dissolution as defined in Section 5, no further installments of this option shall become exercisable, and this option shall terminate (and may no longer be exercised) after the passage of 90 days from the date the Business Relationship ceases, but in no event later than the scheduled expiration date. In such a case, the Optionee's only rights hereunder shall be those which are properly exercised before the termination of this option.

  • INDEPENDENT RELATIONSHIP This Agreement is not intended to constitute, create, give effect to or otherwise recognize a joint venture, partnership, or formal business organization, or agency agreement of any kind, and the rights and obligations of the Parties shall be only those expressly set forth herein.