Example ContractsClausesTermination of Agreement
Termination of Agreement
Termination of Agreement contract clause examples

Termination of Agreement. The employment by the Company of Executive pursuant to this Agreement shall not be terminated prior to the end of the Term, except as set forth in this Section 10.

Termination of Agreement. Purchaser shall have until the expiration of the Inspection Period to determine, in Purchaser’s sole opinion and discretion, the suitability of the Property for acquisition by Purchaser or Purchaser’s permitted assignee. Purchaser shall have the right to terminate this Agreement at any time on or before said time and date of expiration of the Inspection Period by giving written notice to Seller of such election to terminate. If Purchaser so elects to terminate this Agreement pursuant to this Section 3.3, Purchaser shall immediately return to Seller any hard-copies of documents, plans, studies or other materials related to the Property that were provided by Seller to Purchaser, and upon Purchaser returning such materials to Seller, Escrow Agent shall pay the Earnest Money to Purchaser, whereupon, except for those provisions of this Agreement which by their express terms survive the termination of this Agreement, no party hereto shall have any other or further rights or obligations under this Agreement. If Purchaser fails to so terminate this Agreement prior to the expiration of the Inspection Period, Purchaser shall have no further right to terminate this Agreement pursuant to this Section 3.3.

Termination of Agreement. If any condition specified in this [Section 5] shall not have been fulfilled when and as required to be fulfilled, this Agreement may be terminated by the Initial Purchasers by notice to the Grantors at any time on or prior to the Closing Date and such termination shall be without liability of any party to any other party except as provided in [Section 4] hereof and except that [Sections 6, 7, 11, 12, 13, 14, 15, 17, 18, 20 and 21]1]1]1]1]1]1]1]1]1]1] hereof shall survive any such termination of this Agreement and remain in full force and effect.

Termination of Agreement. The Executive’s employment by the Company pursuant to this Agreement will not be terminated before the end of the Term hereof, except as set forth in this Section 9.

Termination of Agreement. The Borrowers may, upon at least 10 Business Days' prior written notice to the Administrative Agent, terminate this Agreement by paying to the Administrative Agent, in cash, the Obligations (including # either # providing cash collateral to be held by the Administrative Agent in an amount equal to 103% of the aggregate undrawn amount of all outstanding Letters of Credit or # causing the original Letters of Credit to be returned to the Administrative Agent and # paying in full in cash and/or cash collateralizing the amount of the outstanding Bank Product Obligations, and/or terminating such Bank Product Obligations in a manner satisfactory to the Bank Product Provider providing such Bank Products), in full, plus the Applicable Premium, if any, payable in connection with such termination of this Agreement. If the Administrative Borrower has sent a notice of termination pursuant to this [Section 2.05(b)(iii)], then the Lenders' obligations to extend credit hereunder shall terminate and the Borrowers shall be obligated to repay the Obligations (including # either # providing cash collateral to be held by the Administrative Agent in an amount equal to 103% of the aggregate undrawn amount of all outstanding Letters of Credit or # causing the original Letters of Credit to be returned to the Administrative Agent and # paying in full in cash and/or cash collateralizing the amount of the outstanding Bank Product Obligations, and/or terminating such Bank Product Obligations in a manner satisfactory to the Bank Product Provider providing such Bank Products), in full, plus the Applicable Premium, if any, payable in connection with such termination of this Agreement on the date set forth as the date of termination of this Agreement in such notice.

Termination of Agreement. The surviving terms and provisions of the Agreement, as modified by this Amendment, shall, unless earlier terminated by mutual written agreement of the Buyer and the Seller, continue in full force and effect until [ * ] days after such time as the Seller is no longer obligated to make any Purchased Royalty payments to the Buyer (or its successor or assigns), at which point the Agreement shall automatically terminate, except with respect to any rights that shall have accrued prior to such termination. Notwithstanding the Termination and for the avoidance of doubt, the parties agree that the provisions surviving the Termination as provided in [Section 7.3] of the Original Agreement shall continue to be in full force and effect, including with respect to the rights, obligations and liabilities of the parties accruing or arising prior to the Termination and in connection with this Amendment and the Preserved Rights.

Termination of Agreement. This Agreement may be terminated at any time by either the Company or Consultant, with or without cause, by giving five (5) days' prior written notice to the other party at the address shown on the signature page of this Agreement. Unless terminated pursuant to the prior sentence, this Agreement shall automatically terminate on March 31, 2022, or if earlier upon the death or disability of Consultant.

This Agreement shall terminate upon the first to occur of the following:

Termination of Agreement. This Agreement shall terminate immediately at such time as the Executive no longer is an employee of the Company.

Termination of Agreement. If this Agreement is terminated by the Initial Purchasers in accordance with the provisions of [Section 5], [Section 9(a)(i)], [Section 9(a)(iii)(A)] or [Section 10] hereof, the Grantors, jointly and severally, will reimburse the Initial Purchasers (but in the case of any termination in accordance with [Section 10], only the non-defaulting Initial Purchaser) for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Initial Purchasers, reasonably incurred by such Initial Purchaser in making preparations for the purchase, sale and delivery of the Securities not so delivered, but in such event the Company shall not be under any further liability to such Initial Purchaser except as provided in [Sections 6 and 7]7] hereof.

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