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 ?
Either Aetna or Humana could terminate the Aetna-Humana deal, and make their termination fee payable, if their deal fails to close by Dec.
The steps to termination are clearly described in the statute.
With respect to compulsory adjustments, the court must decrease any compensation due to the non-terminating party if the said party has proceeded to mitigate its losses as a result of the termination for convenience and received compensation from expending its efforts elsewhere.
The corporation must be able to demonstrate that the termination was inadvertent.
What else can an employer do to prevent wrongful termination or discrimination lawsuits (or do damage control)?
On October 26, 2005, the Federal Reserve Board announced the termination of the following enforcement action.
Termination provisions can often be a catalyst for litigation.
Those changes dovetail with other data that Krimigis rates as the clearest, albeit indirect, evidence that Voyager 1 had entered the termination shock.
There are numerous potential roadblocks in the path of a clean termination of non-renewal of your Japanese distributor.
A SNF that is terminated from the Medicare or Medicaid program is entitled to appeal the termination decision and present its case in a hearing before a federal ALJ.
Q: What is the difference between termination power and termination?