Termination

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Termination

Cessation; conclusion; end in time or existence.

When used in connection with litigation, the term signifies the final determination of the action.

The termination or cancellation of a contract signifies the process whereby an end is put to whatever remains to be performed thereunder. It differs from Rescission, which refers to the restoration of the parties to the positions they occupied prior to the contract.

The termination of a lease refers to the severance of the Landlord and Tenant relationship before the leasehold term expires through the ordinary passage of time.

References in periodicals archive ?
He told the management of APM Terminate to ensure that the port be a safe place for both workers and employers saying that 'as a management your responsibility is to ensure that your company continue to live up to its best.'
Pending a court's order to terminate the contract and if there are no applicable suspension rights, the parties may be required to continue to perform their contractual obligations.
Moreover, it is illegal to terminate an employee for refusal to sign an at-will agreement.
Consequently, Takeda Pharmaceutical made a proposal to terminate the contract and Meiji Dairies agreed.
Distribution agreements also ordinarily permit suppliers to terminate the contract prior to expiration if the distributor materially breaches the agreement and fails to cure the breach within a predetermined period of time.
The Antidrug Abuse Act of 1988 authorized PHAs to terminate leases for illegal drug or criminal activities committed by public housing residents.
* Disconnecting the interconnection: one or both organizations may terminate the interconnection.
The connector is engineered so that it uses a plastic assembly to terminate discrete wires and ribbon cable of up to 40 wires on 0.05 in.
Q: How do I properly terminate a chain that goes from SCSI-2 to SCSI-1?
31 New England Journal of Medicine, promises to profoundly alter both the way physicians terminate pregnancy and the focus of the divisive abortion debate in the United States.
The termination clause will set forth the circumstances under which the group may terminate the supplier before the end of the contract term.
A technique similar to amniocentesis (in which the uterine cavity is entered) has been used to terminate selectively a defective fetus, when a serious fetal anomaly, such as Down syndrome, occurs in a multiple gestation.