Termination Restriction on Termination Clause Samples
The 'Termination; Restriction on Termination' clause defines the conditions under which a contract may be ended by either party, as well as any limitations or requirements that must be met before termination can occur. Typically, this clause outlines specific events or breaches that justify termination, such as non-payment or failure to perform, and may require advance notice or an opportunity to cure the breach before the contract is ended. Its core function is to provide a clear framework for ending the contractual relationship while protecting both parties from arbitrary or unfair termination, thereby ensuring stability and predictability in the agreement.
Termination Restriction on Termination. 64 ARTICLE 3 - REPRESENTATIONS AND WARRANTIES 64 Section 3.1 Existence and Power 64 Section 3.2 Organization and Governmental Authorization; No Contravention 65 Section 3.3 Binding Effect 65 Section 3.4 Capitalization 65 Section 3.5 Financial Information 65 Section 3.6 Litigation 66 Section 3.7 Ownership of Property 66 Section 3.8 No Default 66 Section 3.9 Labor Matters 66 Section 3.10 Investment Company Act 66 Section 3.11 Margin Regulations 66
Termination Restriction on Termination. CHICAGO/#2321168.11
Termination Restriction on Termination