Early Termination Event. (a) In the event the Generating Station is no longer owned or leased by an affiliate of MAEM, this Agreement shall automatically terminate, without penalty and without any further action required by either Party, as of the effective date of the transfer of ownership or termination of the lease of the Generating Station.
Early Termination Event. (a) Any of the following events or occurrences will constitute an “Early Termination Event” with respect to the Revolving Facility and the Revolving Facility Pool:
Early Termination Event. In the event of the occurrence of a Swap Early Termination Event, notwithstanding anything to the contrary in Section 5.2 of the Standard Terms, the Notes will be deemed to have been declared to be immediately due and payable without need for any additional consents.
Early Termination Event. Notwithstanding anything to the contrary herein and/or in the Community Benefits Agreement, MFP and City agree that MFP’s obligation to make ongoing Contributions under the Community Benefits Agreement is conditioned upon both the Ground Lease and the Community Benefits Agreement being valid and active agreements in good standing (the “Good Standing Condition”). In the event that the Good Standing Condition is no longer satisfied (an “Early Termination Event”), then MFP shall send written notice to the Escrow Agent (“MFP’s Notice”) asserting that an Early Termination Event has occurred, upon which, Escrow Agent shall promptly deliver a copy thereof to City. If by 5:00 p.m., local time, on the date which is five (5) business days following delivery of MFP’s Notice to City, City objects to MFP’s Notice by written notice received by Escrow Agent (“City’s Objection Notice”), then Escrow Agent shall not disburse the Contribution(s) to MFP until the dispute is resolved. However, if City does not deliver City’s Objection Notice to Escrow Agent by 5:00 p.m., local time, on the date that is five (5) business days following City’s receipt of MFP’s Notice from Escrow Agent, then (i) Escrow Agent shall disburse any portion of any Contribution(s) in Escrow Agent’s possession to MFP, and (ii) MFP’s obligation to make any further Contributions shall immediately cease and terminate.
Early Termination Event. As applied to any holder of Debt or claim against the Company that has agreed not to take an Enforcement Action for a period of time, the occurrence of any of the following: (a) acceleration of any other Debt or claim against the Company in excess of (either individually or in the aggregate) $150,000; (b) the holder of any other Debt or claim against the Company in excess of (either individually or in the aggregate) $150,000 initiates any judicial proceeding or action to collect any portion of such other Debt or claim, or exercises any right of set-off or counterclaim against the Company or commences any foreclosure action against any of the assets of the Company; and (c) any voluntary or involuntary insolvency, bankruptcy, receivership, custodianship, liquidation, dissolution, reorganization, assignment for the benefit of creditors, appointment of a custodian, receiver, trustee or other officer with similar powers or any other proceeding for the liquidation, dissolution or other winding up of the Company. EBIDTA: Earnings of the Company before interest, depreciation, taxes and amortization.
Early Termination Event. Each of the following is an “Early Termination Event” and will occur:
Early Termination Event. If any event of Force Majeure prevents the sale and delivery or the purchase and receipt of at least 6,000,000 SCF of Product over any twelve (12) consecutive month period, the non-claiming Party shall have the right to terminate this Agreement by providing Notice to the Party claiming Force Majeure and such termination shall have immediate effect. If any amount of the Advance remains outstanding and unpaid at such time, the Seller shall repay the Advance in full, together with all accrued and unpaid interest thereon, within five (5) days of the Agreement being terminated.
Early Termination Event. 2 Section 1.10 Group......................................... 2 Section 1.11
Early Termination Event. The Individual (Counter-)Guarantee Agreement contains certain events of default, including non-payment, breach of obligation, insolvency, unlawfulness, sanctions and misrepresentation. The occurrence of an event of default, if it has not been remedied within the relevant grace period (if any), may result in the termination of the (Counter- )Guarantee before the scheduled Individual (Counter-)Guarantee Termination Date. Anticipated Expiration of Final Recipient Transaction During the Inclusion Period the Financial Intermediary may report certain Guarantee Transactions included in its Individual Portfolio (which have not yet matured and for which no Payment Demand has been submitted, but for which the Financial Intermediary decides to discontinue the coverage by the EIF6 as expired). Such Guarantee Transactions shall be considered expired and shall not be covered by the (Counter-)Guarantee as from the date of expiration as reported to the EIF. Final Recipient Transaction Default Means with regards to Export Credit Transaction or Confirmed Letter of Credit transaction, the event whereby, in case of: (i) the Export Credit Transaction, the Importer; or (ii) Confirmed Letter of Credit, the issuing bank of the relevant letter of credit, 1. fails to meet any payment obligation under the relevant Guarantee Transaction, in line with the Financial (Sub-)Intermediary’s credit and collection policies, and which has continued for at least ninety (90) consecutive calendar days from the first missed payment from the Importer (or in case of Confirmed Letter of Credit, from the issuing bank of the relevant letter of credit), and 2. provided that, the payment obligation of the Importer (or in case of Confirmed Letter of Credit, the issuing bank) is not discharged and remains due and payable under such Guarantee Transaction, following payment by the Financial Intermediary. Defaulted Amounts Means any amount due to be paid by the Financial Intermediary to the Target Final Recipient (or to the Financial Sub-Intermediary, as applicable) under the terms of a covered Guarantee Transaction, as agreed between the EIF and the Financial Intermediary and specified in the Individual (Counter-)Guarantee Agreement, excluding late payment or default interest, capitalised interest, fees and any other costs and expenses, and any interest amounts which accrued after a period of ninety (90) consecutive calendar days from the first missed payment from the Importer, or in case of Confirmed Lette...
Early Termination Event. The term "
