Sentences with phrase «automatic termination provision»

I've often been asked whether you can contract out of this right by having members waive it in advance or in restricting it in your bylaws, or whether an automatic termination provision can be used to expel a member who brings such legal proceedings.

Not exact matches

Many publishing contracts have automatic renewal provisions, whereby the contract automatically renews for a stated period of time unless the author cancels before the termination date.

They discussed termination in bankruptcy or ipso facto clauses, waiver of automatic stay provisions, and potential fraudulent transfer challenges.