terminate


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terminate

To end.(1) For leases,this term implies an ending before the natural expiration time, as by default.When reviewing leases, pay close attention to the rights and responsibilities “upon termination”or “at expiration,”because these are two completely different circumstances. (2) For partnerships, it means the end of the partnership business and affairs, although that might technically be before formal dissolution of the partnership.(3) Under the Uniform Commercial Code,it means legally ending a contract,without default by either side.

References in periodicals archive ?
He called on the Management of APM Terminate to reconsider her decision and recall the 17 former workers as a means of resolving the situation.
Alternatively, if a contract does not contain any contractually agreed termination rights (or if the contract fails to provide that it may be terminated without a court order), a party wishing to terminate the contract is required to seek the consent of the court.
It is very difficult to terminate someone who has job protection under the law, such as those who have been injured on the job, without a strong showing of business necessity.
In cases where a distributor has made a substantial investment of time, money of effort to develop a market for a supplier's products, courts have imposed restrictions on a supplier's right to terminate its distributor even if the supplier has terminated in accordance with the agreement--indeed, even if the distributor has breached the contract..
* PHAs immediately must terminate tenancy if they determine that any household member has ever been convicted of manufacturing methamphetamine on the premises of federally assisted housing.
In operation, the top side of the connector uses a V-shaped knife contact to terminate the ribbon cable.
The method could offer women the opportunity to avoid strife- ridden abortion clinics and terminate their pregnancies in the privacy of their doctors' offices, possibly earlier than they could receive a surgical abortion.
Groups should also realize that a standard provision concerning the ability to terminate because of bankruptcy of the vendor is not enforceable under the federal bankruptcy law.
Here we look at the typical contractual terms that may allow a party to terminate a lease.
'It is policy to hire service of daily wages employees on work charge basis at state-run hospitals and the management could terminate them when it did not need their further service,' the Medical Superintendant of BVH, Dr.
This is the first case brought by the Department involving a motor vehicle lessor's failure to refund lease amounts to servicemembers who exercised their SCRA rights to terminate their leases.
In addition, the termination provisions in a contract may also contain, per the parties' agreement, specific formalities which must be adhered to in order to effectively terminate the contract (such as the issuance of a notice of default allowing the breaching party time to rectify its breach before a notice of termination may be issued).