Termination of an agreement occurs when the agreement is ended by either party by virtue of an authority or power granted by the agreement or by a principle of law. The effect of a termination is to discharge all obligations that are executory at the time of discharge, although any right based on a prior breach or performance can be enforced.
[Your Name] [Your Title] [Your Organization] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Title] [Recipient's Organization] [Recipient's Address] [City, State, Zip Code] Dear [Recipient's Name], RE: Hennepin Minnesota Notice of Unilateral Termination of License Agreement by Licensor I hope this letter finds you well. I am writing to officially notify you, as the Licensor, of the unilateral termination of the License Agreement between our organizations, pursuant to the provisions outlined in the agreement itself. The License Agreement, executed on [Agreement Date], outlined the terms and conditions governing the use of [specific property/software/service], located in Hennepin County, Minnesota. Unfortunately, due to unforeseen circumstances, it has become necessary for us to terminate this agreement effective immediately. The decision to terminate the License Agreement is not one that has been taken lightly, but it is essential that we explain the reasons behind our termination. [Provide a detailed explanation of the reasons for termination, including any breaches of the agreement, non-compliance with regulations, or any other issues necessitating termination.] Furthermore, I would like to highlight that this termination is unilateral, meaning that it is solely initiated by the Licensor, in full accordance with the terms of the License Agreement. As such, all obligations under the agreement cease to exist from the date of termination specified in this notice. Please be aware that upon termination, the Licensee is required to cease all use, access, and possession of the licensed property/software/service within Hennepin County, Minnesota. Failure to comply with this requirement may result in legal action being taken against the Licensee. In addition, it is crucial that you promptly return any and all materials, documents, or confidential information pertaining to the licensed property/software/service. This includes but is not limited to [list specific items here]. Should you have any questions or require further clarification regarding the termination of the License Agreement, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. We are open to discussing any concerns you may have and exploring potential resolutions to the issues that led to this termination. Please confirm your receipt and understanding of this Notice of Unilateral Termination of License Agreement by Licensor by signing and returning a copy of this letter at your earliest convenience. Thank you for your attention to this matter. Sincerely, [Your Name] [Your Title] [Your Organization]
[Your Name] [Your Title] [Your Organization] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Title] [Recipient's Organization] [Recipient's Address] [City, State, Zip Code] Dear [Recipient's Name], RE: Hennepin Minnesota Notice of Unilateral Termination of License Agreement by Licensor I hope this letter finds you well. I am writing to officially notify you, as the Licensor, of the unilateral termination of the License Agreement between our organizations, pursuant to the provisions outlined in the agreement itself. The License Agreement, executed on [Agreement Date], outlined the terms and conditions governing the use of [specific property/software/service], located in Hennepin County, Minnesota. Unfortunately, due to unforeseen circumstances, it has become necessary for us to terminate this agreement effective immediately. The decision to terminate the License Agreement is not one that has been taken lightly, but it is essential that we explain the reasons behind our termination. [Provide a detailed explanation of the reasons for termination, including any breaches of the agreement, non-compliance with regulations, or any other issues necessitating termination.] Furthermore, I would like to highlight that this termination is unilateral, meaning that it is solely initiated by the Licensor, in full accordance with the terms of the License Agreement. As such, all obligations under the agreement cease to exist from the date of termination specified in this notice. Please be aware that upon termination, the Licensee is required to cease all use, access, and possession of the licensed property/software/service within Hennepin County, Minnesota. Failure to comply with this requirement may result in legal action being taken against the Licensee. In addition, it is crucial that you promptly return any and all materials, documents, or confidential information pertaining to the licensed property/software/service. This includes but is not limited to [list specific items here]. Should you have any questions or require further clarification regarding the termination of the License Agreement, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. We are open to discussing any concerns you may have and exploring potential resolutions to the issues that led to this termination. Please confirm your receipt and understanding of this Notice of Unilateral Termination of License Agreement by Licensor by signing and returning a copy of this letter at your earliest convenience. Thank you for your attention to this matter. Sincerely, [Your Name] [Your Title] [Your Organization]