Common use of Declaration of Early Termination Date Clause in Contracts

Declaration of Early Termination Date. Except as otherwise set forth in this Agreement, if an Event of Default with respect to a Defaulting Party occurs and is continuing, the other Party (the “Non-Defaulting Party”) will have the right to (i) designate a day, no earlier than the day such notice is effective and no later than twenty (20) days after such notice is effective, as an early termination date (“Early Termination Date”) to liquidate and terminate this Agreement,

Appears in 11 contracts

Samples: Guaranty, Guaranty, Guaranty

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Declaration of Early Termination Date. ‌ Except as otherwise set forth in this Agreement, if an Event of Default with respect to a Defaulting Party occurs and is continuing, the other Party (the “Non-Defaulting Party”) will have the right to (i) designate a day, no earlier than the day such notice is effective and no later than twenty (20) days after such notice is effective, as an early termination date (“Early Termination Date”) to liquidate and terminate this Agreement,

Appears in 2 contracts

Samples: Guaranty, Guaranty

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