Termination For Cause definition: Copy, customize, and use instantly
Introduction
The term "Termination For Cause" refers to the right of one party to terminate a contract due to a breach or failure to perform certain obligations specified in the agreement. It is an essential provision for protecting the interests of the parties and allows for the termination of the contract when one party's actions or inactions result in a significant violation. This term is typically used in business contracts, employment agreements, and service contracts.
Below are various examples of how "Termination For Cause" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Termination For Cause" in employment agreements
This definition ties "Termination For Cause" to employment-related situations.
"Termination For Cause" means the right of the employer to terminate the employee's employment for reasons including, but not limited to, misconduct, poor performance, breach of company policy, or criminal activity, which are considered material breaches of the employment agreement.
Definition of "Termination For Cause" in service contracts
This definition connects "Termination For Cause" to service contract scenarios.
"Termination For Cause" refers to the right of the client or service provider to terminate the service agreement when the other party fails to meet the agreed-upon service standards or violates any significant provisions of the contract.
Definition of "Termination For Cause" in business agreements
This definition applies "Termination For Cause" to business contracts.
"Termination For Cause" means the right of either party to terminate the agreement due to a breach of the terms, failure to perform contractual obligations, or any other failure that materially affects the contract’s performance.
Definition of "Termination For Cause" in sales contracts
This definition links "Termination For Cause" to sales transactions.
"Termination For Cause" refers to the right of the seller or buyer to terminate the sales agreement when one party fails to fulfill their obligations, such as failure to deliver goods, non-payment, or breach of warranty.
Definition of "Termination For Cause" in franchise agreements
This definition ties "Termination For Cause" to franchise arrangements.
"Termination For Cause" means the franchisor’s right to terminate the franchise agreement when the franchisee fails to comply with the operational standards, payments, or legal obligations required by the franchise agreement.
Definition of "Termination For Cause" in construction contracts
This definition connects "Termination For Cause" to construction agreements.
"Termination For Cause" refers to the right of the project owner or contractor to terminate the construction agreement due to delays, poor performance, breach of terms, or non-compliance with the project specifications.
Definition of "Termination For Cause" in licensing agreements
This definition applies "Termination For Cause" to licensing contracts.
"Termination For Cause" means the right of the licensor to terminate the licensing agreement if the licensee fails to comply with the terms of use, payment obligations, or intellectual property rights as outlined in the agreement.
Definition of "Termination For Cause" in leasing agreements
This definition links "Termination For Cause" to leasing contracts.
"Termination For Cause" refers to the right of the landlord or tenant to terminate the lease agreement if either party violates the terms, such as non-payment of rent or breach of property maintenance provisions.
Definition of "Termination For Cause" in investment agreements
This definition connects "Termination For Cause" to investment-related agreements.
"Termination For Cause" means the right of the investor or company to terminate the agreement when the other party fails to meet the investment terms, engages in fraudulent activities, or breaches confidentiality provisions.
Definition of "Termination For Cause" in technology agreements
This definition applies "Termination For Cause" to tech-related contracts.
"Termination For Cause" refers to the right of either party to terminate the technology services or development agreement due to failure to meet performance standards, breach of security protocols, or violation of intellectual property rights.
Definition of "Termination For Cause" in joint venture agreements
This definition ties "Termination For Cause" to joint venture partnerships.
"Termination For Cause" means the right of either party to terminate the joint venture agreement when one party defaults on the obligations, engages in illegal activities, or breaches the terms of the venture.
Definition of "Termination For Cause" in distribution agreements
This definition connects "Termination For Cause" to distribution contracts.
"Termination For Cause" refers to the right of the distributor or supplier to terminate the distribution agreement due to non-performance, failure to meet sales targets, or breach of terms related to the sale of goods.
Definition of "Termination For Cause" in debt agreements
This definition applies "Termination For Cause" to loan agreements.
"Termination For Cause" means the lender’s right to terminate the loan agreement if the borrower defaults on repayment, breaches covenants, or engages in fraudulent activities.
Definition of "Termination For Cause" in professional services contracts
This definition ties "Termination For Cause" to professional service engagements.
"Termination For Cause" refers to the client’s right to terminate a professional services agreement when the service provider fails to deliver the agreed services or breaches key terms of the contract.
Definition of "Termination For Cause" in non-disclosure agreements (NDAs)
This definition connects "Termination For Cause" to confidentiality agreements.
"Termination For Cause" refers to the right of either party to terminate the NDA when there is a material breach of confidentiality, such as the unauthorized disclosure of sensitive information.
Definition of "Termination For Cause" in mergers and acquisitions agreements
This definition links "Termination For Cause" to M&A transactions.
"Termination For Cause" means the right of the buyer or seller to terminate the merger or acquisition agreement due to failure to meet regulatory approvals, misrepresentation, or breach of fundamental terms.
Definition of "Termination For Cause" in employment contracts for misconduct
This definition applies "Termination For Cause" to employment misconduct scenarios.
"Termination For Cause" refers to the employer’s right to terminate an employee’s contract based on misconduct, such as theft, insubordination, or violation of company policies.
Definition of "Termination For Cause" in supply chain agreements
This definition ties "Termination For Cause" to supply chain contracts.
"Termination For Cause" means the right of either party in the supply chain to terminate the agreement due to failure to deliver goods on time, quality issues, or breach of delivery obligations.
Definition of "Termination For Cause" in outsourcing agreements
This definition connects "Termination For Cause" to outsourcing contracts.
"Termination For Cause" refers to the right of the client to terminate the outsourcing agreement when the outsourced service provider fails to meet performance metrics or breaches key contractual terms.
Definition of "Termination For Cause" in consulting agreements
This definition links "Termination For Cause" to consulting engagements.
"Termination For Cause" means the client’s right to terminate the consulting agreement when the consultant fails to deliver agreed-upon services or engages in unethical conduct.
Definition of "Termination For Cause" in franchisee agreements
This definition applies "Termination For Cause" to franchisee relationships.
"Termination For Cause" refers to the right of the franchisor to terminate the franchisee agreement if the franchisee fails to meet operational, financial, or legal obligations outlined in the contract.
Definition of "Termination For Cause" in partnership agreements
This definition ties "Termination For Cause" to partnership scenarios.
"Termination For Cause" means the right of a partner to terminate the partnership agreement when another partner fails to meet agreed-upon obligations or violates the partnership terms.
Definition of "Termination For Cause" in government contracts
This definition links "Termination For Cause" to government contracts.
"Termination For Cause" refers to the government’s right to terminate a contract with a contractor for non-performance, breach of contract, or failure to meet the required standards set by the government.
Definition of "Termination For Cause" in loan covenants
This definition connects "Termination For Cause" to loan covenants.
"Termination For Cause" means the lender’s right to terminate the loan agreement if the borrower breaches any of the covenants or conditions outlined in the loan agreement.
Definition of "Termination For Cause" in construction subcontracting agreements
This definition ties "Termination For Cause" to subcontractor relationships.
"Termination For Cause" refers to the right of the general contractor to terminate a subcontractor’s agreement due to poor performance, failure to meet deadlines, or breach of the subcontract terms.
Definition of "Termination For Cause" in Real estate contracts
This definition connects "Termination For Cause" to real estate transactions.
"Termination For Cause" means the right of the buyer or seller to terminate the real estate purchase agreement due to undisclosed defects, failure to meet contractual terms, or breach of contingencies.
Definition of "Termination For Cause" in research and development agreements
This definition applies "Termination For Cause" to R&D contracts.
"Termination For Cause" refers to the right of either party to terminate the research and development agreement if the other party fails to meet research milestones, deliver results, or breaches the terms of the contract.
Definition of "Termination For Cause" in advertising agreements
This definition ties "Termination For Cause" to advertising contracts.
"Termination For Cause" refers to the right of either party in an advertising agreement to terminate the contract due to failure to meet marketing objectives, non-compliance with advertising standards, or breach of terms.
Definition of "Termination For Cause" in licensing agreements for intellectual property
This definition connects "Termination For Cause" to intellectual property licensing.
"Termination For Cause" means the right of the licensor to terminate the intellectual property licensing agreement when the licensee fails to comply with the licensing terms, royalty payments, or usage restrictions.
Definition of "Termination For Cause" in Debt collection agreements
This definition applies "Termination For Cause" to debt collection situations.
"Termination For Cause" refers to the right of the creditor to terminate the debt collection agreement when the collector fails to recover debts, breaches contract terms, or engages in unethical practices.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.