Termination Right. Except where prohibited by Applicable Law, each Party shall have the right to terminate this Agreement in the event of a Bankruptcy Event with respect to the other Party. “Bankruptcy Event” means the occurrence of any of the
Termination Right. Customer may, upon written notice to the Contractor, terminate immediately all or any portion of the Contract if the Contractor:
Early Termination Right. Tenant shall have the right, subject to the provisions of this Section 40, to terminate this Lease (Termination Right) with respect to the entire Premises only on the last day of the 30th full calendar month after the Commencement Date (Early Termination Date), so long as Tenant delivers to Landlord # a written notice (Termination Notice), of its election to exercise its Termination Right no less than 9 months in advance of the Early Termination Date, and # concurrent with Tenants delivery of the Termination Notice to Landlord, an early termination payment in the amount of $150,000 (collectively, the Early Termination Payment). If Tenant timely and properly exercises the Termination Right and delivers the Early Termination Payment, Tenant shall vacate the Premises and deliver possession thereof to Landlord in the condition required by the terms of this Lease on or before the Early Termination Date and Tenant shall have no further obligations under this Lease after the Early Termination Date except for those accruing prior to the Early Termination Date and those which, pursuant to the terms of this Lease, survive the expiration or early termination of this Lease.
Contractor Termination Right. The Contractor shall have the following termination rights under the Contract prior to the applicable final System Acceptance Event (depending upon the Options exercised by Customer):
Limited Termination Right. This is a fixed term employment contract. The Companys only right to terminate this Agreement shall be for Cause as defined in the Amended and Restated Target Corporation Long Term Incentive Plan (as amended and restated effective September 1, 2017). Executive may terminate her employment voluntarily at any time. Upon such a for-Cause termination or voluntary termination by Executive, each of the Company and Executive will be released from any and all further obligations under this Agreement except for: # accrued base salary and benefits owing to Executive through the Agreement End Date; and # the parties respective obligations under [Sections 8, 9 and 10]0]0] hereof, which shall survive any termination of this Agreement.
Customer Termination Right. Customer may, upon written notice to the Contractor, terminate this Contract (excluding any Deliverable Items for which Delivery and Acceptance have been completed) at any time, in its sole discretion, and without cause, and the Contractor shall immediately cease work in the manner and to the extent specified.
Seller Right of Termination. Seller may terminate this Agreement prior to the Expiration Date upon ’s or the ’s breach in any material respect of any of its obligations under this Agreement, which # breach of a payment obligation is not cured within ten (10) days after ’s and the ’s receipt of written notice of non-payment by Seller and # breach of a non-payment obligation (if curable) is not cured within thirty (30) days of ’s and the ’s receipt of written notice by Seller, setting forth in reasonable detail the breach in question; provided, however, that for the avoidance of doubt, ’s and the ’s failure to pay any amount due hereunder that is subject to a good faith dispute by and the pursuant to Section 2.2 shall not be deemed to be a breach of ’s and the ’s obligations hereunder.
Immediate Right of Termination. Licensor shall have the right to immediately terminate this License Agreement by giving written notice to Licensee in the event that Licensee does any of the following:
Landlords Termination Right. In the event of any of the following circumstances, Landlord may elect either to terminate this Lease or to perform Landlords Restoration Work, as more particularly described in Paragraph 25.1:
Due Diligence/Termination Right. shall have through the last day of the Inspection Period during which to # review, examine, inspect, and investigate the Property Information and the Additional Property Information (collectively, the “Property Documents”) and the Properties and, in ’s sole and absolute judgment and discretion, determine whether the Properties are acceptable to , # obtain all necessary internal approvals, # negotiate and approve the loan documents evidencing and securing an $81,200,000.00 acquisition loan (the “Loan”) from Special Situations Investing Group II, LLC (the “Lender”) on terms and conditions acceptable to , and # satisfy all other contingencies of . Notwithstanding anything to the contrary in this Agreement, may terminate this Agreement for any reason or no reason by giving written notice of termination to and Escrow Agent (the “Due Diligence Termination Notice”) on or before 5:00 p.m. Chicago time on the last day of the Inspection Period. If does not give a Due Diligence Termination Notice, this Agreement shall continue in full force and effect, shall be deemed to have waived its right to terminate this Agreement pursuant to this Section 4.5, and shall be deemed to have acknowledged and agreed that it has received or had access to all Property Documents, that it has conducted all inspections and tests of the Properties that it considers important and that the documents evidencing the Loan last revised by Lender or Lender’s counsel (the “Approved Loan Documents”) are acceptable to .
Termination. Either party may terminate this Agreement for any reason upon prior written notice to the other, such termination to become effective thirty (30) days from the date of the notice; provided, that this Agreement may be terminated as a result of a breach by either party of its obligations under this Agreement on thirty (30) days' written notice by the non-breaching party to the breaching party; and provided further, that this Agreement may be terminated on such shorter notice as may be required to comply with applicable laws, regulations, the requirements of any financial institution with an interest in the Aircraft, or insurance requirements or in the event the insurance to be provided hereunder is not in full force and effect or such breaching party's acts or omissions violate the terms of such insurance. Notwithstanding any termination of this Agreement, User shall remain responsible for the costs and expenses incurred during the term.
Termination. A Restricted Share Unit Award or unearned portion thereof will terminate without the issuance of Shares on the termination date specified on the Date of Grant or upon the termination of employment of the participant during the time period or periods specified by the Committee during which any performance objectives must be met (the “Performance Period”). If a participant’s employment with the Company or its Affiliates terminates by reason of his or her death, disability or retirement, the Committee in its discretion at or after the Date of Grant may determine that the participant (or the heir, legatee or legal representative of the participant’s estate) will receive a distribution of Shares in an amount which is not more than the number of Shares which would have been earned by the participant if 100% of the performance objectives for the current Performance Period had been fully achieved, prorated based on the ratio of the number of months of active employment since the grant date for the Award to the total number of months in the term of the Award. However, with respect to Awards intended to be performance-based compensation (as described in Article 9 of this Plan), unless the Committee determines otherwise, distribution of the Shares shall not be made prior to attainment of the relevant performance objectives.
Termination. This Agreement may be terminated at any time prior to the Initial Closing, only in the following manner:
Termination. The Parties wish to repay the Promissory Note in full and terminate the Loan Agreement in the manner set forth herein. Concurrently, the JDA will be terminated pursuant to the JDA Termination Agreement dated as of the date hereof between the parties to the JDA (the “JDA Termination Agreement”).
Termination. This Agreement shall terminate automatically with respect to a Stockholder, without any notice or other action by any Person, upon the first to occur of # the valid termination of the Merger Agreement in accordance with its terms, # the Effective Time, # the termination of this Agreement by written notice from Parent to the , # any amendment or change to the Merger Agreement or the Offer that is effected without Stockholder’s consent that decreases the amount, or changes the form, of consideration payable to all of the Company pursuant to the terms of the Merger Agreement or # an Adverse Recommendation Change (the period from the date hereof through such time being referred to as the “Agreement Period”). Upon the valid termination of this Agreement in accordance with this Section 5.2, no party shall have any further obligations or liabilities under this Agreement; provided, however, that # nothing set forth in this Section 5.2 shall relieve any party from liability for any willful and material breach of this Agreement prior to termination hereof and # the provisions of this Article V shall survive any valid termination of this Agreement in accordance with this Section 5.2.
Termination. Anything contained herein to the contrary notwithstanding, this Agreement may be terminated and the transactions contemplated hereby abandoned at any time prior to the Closing Date, as follows:
Termination. The Consultant and the Company shall have the right to terminate this Agreement for any reason whatsoever or for no reason whatsoever, upon thirty (30) days prior notice to the other.
Termination. This Agreement and any Rider may be terminated in whole or in part:
Termination. Unless terminated earlier pursuant to the terms of this Agreement, # the rights, duties and obligations under [Sections 4, 6 and 7] will terminate immediately prior to the closing of the Company’s initial public offering of Common Stock pursuant to an effective registration statement filed under the Securities Act, # notwithstanding anything to the contrary herein, this Agreement (excluding any then-existing obligations) will terminate upon the closing of a Deemed Liquidation Event as defined in the Company’s Restated Charter, as amended from time to time and # notwithstanding anything to the contrary herein, Section 1, Section 2, Section 3, Section 4.1.2 and this [Section 8] will survive any termination of this Agreement.
If Employee’s employment is terminated by the Company without Cause (as defined below), or if Employee terminates his employment for Reasonable Basis (as defined below), then the Company shall, in exchange for Employee’s execution of a general release and waiver of claims against the Company as of the termination date in a form reasonably acceptable to the Company, # pay Employee, as severance, an amount equal to Employee’s Base Salary for a period of twelve (12) months following the date such general release and waiver of claims is executed by Employee and delivered to the Company; provided, however, that in the event the time period for Employee to execute and deliver an irrevocable general release and waiver of claims spans two taxable years, the first severance payment shall not be paid to the Employee until the second taxable year; and # pay Employee an amount equal to the Company’s monthly share of health insurance premium payments for the Employee, as in effect for other executive officers of the Company, on a monthly basis during the period when Employee is paid severance under (i) and (ii) collectively, “Severance Payments”). The Severance Payments shall be made in accordance with the Company’s customary payroll practices, and all payments described above shall be subject to all applicable Deductions. The Company shall provide Employee with the form of general release and waiver described above not later than thirty (30) days after the termination of this Agreement and Employee shall have a maximum of thirty (30) days to sign the general release and waiver.
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