Examples of Wind-Down Period in a sentence
The Wind Down Period shall begin two (2) days after the terminating Party or Parties give Notice of intent to terminate (the “Wind Down Commencement Date”) and end on the six (6) month anniversary of the Wind Down Commencement Date.
To the extent necessary and applicable, the Parties will continue to comply with the terms and conditions of this Agreement during the Wind Down Period.
If such payment is made within such Cure Period, the Wind Down Period described above shall cease, the Termination by BRF shall not occur, and the Parties shall continue to operate pursuant to the terms of this Agreement.
Any payments earned through the date of termination and through the Wind Down Period shall remain due and owing notwithstanding the termination of the Agreement.
If all accrued Required Program Funding is not paid during the Cure Period, the Wind Down Period will continue uninterrupted.