Examples of Cause Event in a sentence
At the option of the Company and at any time during the term of this Agreement, this Agreement shall be and become terminated upon at least 30 days’ prior written notice of termination from the Board of Directors to the Manager, without payment of the Termination Fee, upon the occurrence of a Cause Event, which shall be determined by a majority of the Independent Directors.
The Company may terminate this Agreement upon the occurrence of a Cause Event pursuant to Section 13 of this Agreement even after a Termination Without Cause or Nonrenewal Termination and no Termination Fee shall be payable.
The secondment of any Secondee may be terminated by (a) the Company and NLI, as may be mutually agreed from time to time and (b) the Company, at any time upon the occurrence of a Cause Event.
If any Cause Event shall occur, the Manager shall give prompt written notice thereof to the Board of Directors.
If a Cause Event shall occur, the Manager shall give prompt written notice thereof to the Board.