Termination Prior to Expiration of the Term Sample Clauses

The 'Termination Prior to Expiration of the Term' clause allows one or both parties to end the agreement before the originally agreed-upon end date. This clause typically outlines specific conditions or events—such as breach of contract, insolvency, or mutual agreement—that justify early termination, and may require advance written notice. Its core function is to provide flexibility and protection for the parties by enabling them to exit the contract if certain circumstances arise, thereby managing risk and preventing unwanted obligations from continuing unnecessarily.
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Termination Prior to Expiration of the Term. Notwithstanding the provisions of Section 2(a) hereof, this Agreement may also be terminated forthwith by either party prior to the end of the initial term or any renewal term hereof.
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Termination Prior to Expiration of the Term. This Agreement may also be terminated prior to the end of the initial term or any renewal term hereof.
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Termination Prior to Expiration of the Term a. The Contractor’s engagement hereunder shall terminate immediately upon the death of M▇. ▇▇▇▇▇. In the event of such termination, the Contractor shall have the right to any fees paid to it hereunder and payment of any accrued but unpaid expense reimbursement on behalf of M▇. ▇▇▇▇▇. b. The Company may terminate the Contractor’s engagement hereunder, with immediate effect, for willful misconduct or gross negligence by M▇. ▇▇▇▇▇ in the performance of the Services. In the event of such termination, the Contractor shall not be entitled to receive any additional compensation. M▇. ▇▇▇▇▇, however, shall be entitled to any accrued but unpaid expense reimbursement. c. The Contractor or the Company may terminate the engagement hereunder upon not less than thirty days prior written notice to the other. In the event of such termination, the Contractor shall not be entitled to receive any additional compensation following the termination date. M▇. ▇▇▇▇▇, however, shall be entitled to any accrued but unpaid expense reimbursement.
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Termination Prior to Expiration of the Term. It is mutually covenanted and agreed that if the Lessee shall fail to keep and perform all of the covenants, conditions, and agreements herein made binding upon the Lessee, or if the estate hereby created shall be taken on execution or other process of law, or if the Lessee shall be declared bankrupt or insolvent according to law, or if a receiver or other similar officer shall be appointed to take charge of all or any part of the property of the Lessee, or if any assignment shall be made of the Lessee's property for the benefit of creditors, then and in each such case, Lessee shall be in default of this Lease, and, at the sole option of the Lessor, the Lessee's right of possession shall thereupon cease and terminate and the Lessor shall be entitled to possession of the premises and to reenter the same without further demand of rent or demand of possession 13 of said premises, and may forthwith recover possession of said premises by whatever process of law may be available in the jurisdiction in which the premises may be located, any notice to quit or notice of intention to enter being hereby expressly waived by the Lessee, or the Lessor may retake possession without process of law. In the event of such reentry or retaking, the Lessee shall, nevertheless remain liable and answerable for the full rental to the date of such retaking or reentry, and for damages for the deficiency or loss of rent which the Lessor may thereby sustain in respect of the balance of the term; and in such case, the Lessor shall have the right to let the premises for the benefit of the Lessee, in liquidation and discharge, in whole or in part, as the case may be, of he liability of the Lessee hereunder; and such damages, at the option of the Lessor, may be recovered at the time of retaking or reentry, or in separate actions from time to time as the Lessee's obligation to pay rent would have accrued if the term had continued, or from time to time as said damages shall have been made more easily ascertainable by relettings, or such action, at the option of the Lessor, may be deferred until the expiration of the term, in which latter event, the cause of action shall not be deemed to have accrued until the expiration of said term. The Lessor, however, may refrain from terminating the Lessee's right of possession, and in such case, may enforce against the Lessee the provisions of this Lease for the full term hereof. In the event legal proceedings are instituted against Lessee, by the Less...
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Termination Prior to Expiration of the Term. The employment of Executive hereunder may be terminated by Executive or the Company at any time prior to the expiration of the term of this Agreement, subject to this Section 10. Except as provided in Section 11 (with respect to certain terminations following a Change in Control), Executive’s entitlements upon termination will be limited to the payments specified in this Section 10.
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Termination Prior to Expiration of the Term. Either party may terminate the Consultation Period at any time by fifteen (15) days’ written notice to the other party. Notwithstanding the foregoing, the Company may terminate this Agreement immediately if Consultant revokes that certain Separation Agreement by and between the Company and the Consultant dated May 26, 2020 pursuant to Section 7 thereof. In the event of termination under this Section 4, the Consultant shall be entitled to payment for Services performed and expenses paid or incurred prior to the effective date of termination and shall have no further rights under this Agreement. Such payments shall constitute full settlement of any and all claims of the Consultant of every description against the Company under this Agreement.
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Termination Prior to Expiration of the Term. 5.1 Notwithstanding any other provisions of this Agreement, the Company shall have the right to terminate the employment relationship created by this Agreement at any time prior to the expiration of the Term for any of the following reasons:
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Termination Prior to Expiration of the Term. The Consultant may terminate the Consultation Period at any time by ten (10) days’ written notice to the Company. The Company may not terminate the Consultation Period unless Consultant (i) engages in willful misconduct or breaches this Agreement and (ii) fails to cure such misconduct or breach within the period of ten (10) calendar days following Consultant’s receipt of written notice from the Company, which notice describes Consultant’s misconduct or breach in reasonable detail. Notwithstanding the foregoing, the Company may terminate this Agreement immediately if Consultant revokes that certain Separation Agreement by and between the Company and the Consultant dated November 16, 2018 pursuant to Section 7 thereof. In the event of termination under this Section 4, the Consultant shall be entitled to payment for Services performed and expenses paid or incurred prior to the effective date of termination and shall have no further rights under this Agreement. Such payments shall constitute full settlement of any and all claims of the Consultant of every description against the Company under this Agreement.
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Termination Prior to Expiration of the Term 
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Related to Termination Prior to Expiration of the Term

  • Termination Prior to Expiration of Term This Section shall govern any termination of this Contract except as specifically provided in the following Section for termination for cause. The City reserves the right to terminate this Contract at any time, with or without cause, upon thirty (30) days’ written notice to Consultant, except that where termination is due to the fault of the Consultant, the period of notice may be such shorter time as may be determined by the Contract Officer. In addition, the Consultant reserves the right to terminate this Contract at any time, with or without cause, upon sixty (60) days’ written notice to City, except that where termination is due to the fault of the City, the period of notice may be such shorter time as the Consultant may determine. Upon receipt of any notice of termination, Consultant shall immediately cease all services hereunder except such as may be specifically approved by the Contract Officer. Except where the Consultant has initiated termination, the Consultant shall be entitled to compensation for all services rendered prior to the effective date of the notice of termination and for any services authorized by the Contract Officer thereafter in accordance with the Schedule of Compensation or such as may be approved by the Contract Officer, except as provided in Section 7.3. In the event the Consultant has initiated termination, the Consultant shall be entitled to compensation only for the reasonable value of the work product actually produced hereunder. In the event of termination without cause pursuant to this Section, the terminating party need not provide the non-terminating party with the opportunity to cure pursuant to Section 7.2.

  • Expiration of the Term This Agreement shall terminate automatically at the expiration of the Period of Employment unless the parties enter into a written agreement extending Employee's employment, except for the continuing obligations of the parties as specified hereunder.

  • Termination Upon Expiration Date The Trust shall automatically terminate on December 31, 20__ (the "Expiration Date") or earlier pursuant to Section 9.02.

  • Termination Expiration Suspension Remedies (a) TERMINATION FOR NONAPPROPRIATION OR REDUCTION OF FUNDS OR CHANGES IN LAW. Enterprise Services may suspend or terminate this Participating Addendum and Purchasers may suspend or terminate applicable Purchase Orders, in whole or in part, at the sole discretion of Enterprise Services or, as applicable, Purchaser, if Enterprise Services or, as applicable, Purchaser reasonably determines that: (a) a change in Federal or State legislation or applicable laws materially affects the ability of either party to perform under the terms of this Participating Addendum or applicable Purchase Order; or (b) that a change in available funds affects Purchaser’s ability to pay under the applicable Purchase Order. A change of available funds as used in this section includes, but is not limited to a change in Federal or State funding, whether as a result of a legislative act or by order of the President or the Governor. If a written notice is delivered under this provision, Purchaser will reimburse Contractor for Goods properly ordered and/or Services properly performed until the effective date of said notice. Except as stated in this provision, in the event of termination for nonappropriation or reduction of funds or changes in law, Purchaser will have no obligation or liability to Contractor for payment of terminated Purchase Orders.

  • Termination of the Lease The parties agree that the Management Agreement and the rights and benefits of Manager thereunder shall not be terminated or disturbed in any respect except in accordance with the terms of the Management Agreement, and not as a result of any termination of the Lease. Accordingly, if the Lease is terminated for any reason, including, without limitation, expiration of the term thereof or the "rejection" thereof following Bankruptcy (a) shall recognize Manager's rights under the Management Agreement, (b) agrees that Manager shall not be named as a party in any eviction or other possessory action or proceeding, and that Manager shall not be disturbed in its right to manage the Inn pursuant to the Management Agreement, and (c) shall at the time of or prior to such Lease Termination either (i) elect not to take either of the actions described in clause (c)(ii) below, in which case all of "Lessee's" rights, benefits, privileges and obligations under the Management Agreement with respect to periods after the Lease Termination shall be assumed directly by Lessor, or (ii) cause an "Approved Lessee" (as defined below) to (x) succeed to and assume Lessee's rights and obligations under the Lease, the Management Agreement, and this Agreement, or (y) enter into a new lease with Lessor in substantially the same form as the Lease, and assume the rights and obligations of the Lessee under the Management Agreement and this Agreement, the intent being that the relationship between any successor Lessee, Lessor and Manager be under the same terms and conditions as the relationship between Lessee, Lessor and Manager hereunder and under the Management Agreement and the Lease. Any successor to Lessee under clause (c)(ii) above shall be subject to Manager's prior written approval, which approval shall not be withheld or delayed if such successor to Lessee is (i) a direct or indirect wholly-owned subsidiary of Lessor, (ii) a person or entity to whom a Sale of the Inn is permitted under Section 10.02.A. of the Management Agreement, or (iii) a person or entity who otherwise is approved by Manager in its sole discretion (an "Approved Lessee").