Early Termination or Reduction Payments Sample Clauses

Early Termination or Reduction Payments. If the Termination Date occurs prior to the Scheduled Termination Date (such occurrence being herein called an "Early Termination"), then the rights and obligations of Transferor to transfer, and the rights and obligations of Transferee to acquire, Transferred Assets shall terminate and be discharged in full with respect to all Transfer Dates that have not occurred prior to the Termination Date, provided that Transferee may still require Transferor to transfer Receivables to Transferee after any Termination Date in respect of any Carryforward Amount, as provided in Section 1.03(c).
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Early Termination or Reduction Payments. 8 1.10 Amendment and Restatement of Existing Supplements...............10
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Early Termination or Reduction Payments. (a) If the --------------------------------------- Termination Date occurs prior to the Scheduled Termination Date (such occurrence being herein referred to as an "Early Termination"), then the rights and obligations of Borrower to issue ----------------- and sell to BofA, and the rights and obligations of BofA to purchase, Notes shall terminate and be discharged in full with respect to all Purchase Dates that have not occurred prior to the Termination Date, provided, that -------- notwithstanding such discharge and termination, the parties will remain obligated to make all payments set forth in this Section 1.09, and Sections 3.04, and 7.02(b). ----------- ------- ------------ (b) Promptly following any Early Termination, the parties will make payments to each other, as applicable, calculated as set forth in Section 3.04(a) and (b). -------------- --- (c) Upon the occurrence of an Early Termination, Borrower shall pay to BofA or BofA shall pay to Borrower (as applicable), at the times provided below, amounts calculated as follows (each an "Early Termination Payment"): ------------------------- (i) The date on which an Early Termination occurs is herein called the "Early Termination Date". ---------------------- (ii) BofA will calculate the gross Dollar amount that it would pay if it entered into forward contracts on the Early Termination Date for purchase by BofA for Dollars of all the Required Foreign Currency Amounts which, under all Supplements then in effect, relate to each of the Maturity Dates which have not yet occurred prior to the Early Termination Date (other than Maturity Dates of Notes which have been issued on or before the Early Termination Date), in each case with value dates that are the same as such Maturity Dates, and using rates determined by BofA in good faith based on market conditions; (iii) BofA will calculate the sum of all the Dollar amounts calculated in clause (ii) that would be payable by it under all such ----------- forward contracts with respect to each Maturity Date. (iv) If such aggregate Dollar amount for any Maturity Date is greater than the sum of the applicable Purchase Prices applicable to all the Notes which would have matured on such Maturity Date under all such applicable Supplements (other than Notes which have been issued on or before the Early Termination Date), Borrower will pay to BofA, within two Business Days after any demand therefor, the discounted present value of the excess, discounted from the applicabl...
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Related to Early Termination or Reduction Payments

  • Payments on Early Termination For the purpose of Section 6(e) of this Agreement: (i) Market Quotation will apply. (ii) The Second Method will apply.

  • Payment upon Early Termination (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate Taxpayer.

  • Early Termination In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees: a. all monthly fees through the life of the contract, including the rebate of any negotiated discounts; b. all fees associated with converting services to successor service provider; c. all fees associated with any record retention and/or tax reporting obligations that may not be eliminated due to the conversion to a successor service provider; d. all out-of-pocket costs associated with a-c above.

  • Early Termination Charges If this Agreement is terminated prior to its End Date pursuant to Clauses 42A-42, 43(a) or A- 43(c), the Home Customer shall pay to the Company an Early Termination Charge equivalent to (Termination Rate x Unexpired Months) where:

  • Early Termination Fees The amount if an Early Termination Fee that we are entitled to charge is: (a) the amount specified in or calculated in accordance with the relevant Plan; or (b) otherwise, a reasonable estimate of our lost profit as a result of an early termination.

  • Early Termination Fee After this contract goes into effect, if you terminate this contract for any reason, or switch your service to a different electricity generation supplier or default service supplier prior to the end of the contract term, you will be responsible for paying XOOM Energy an early termination fee in the amount of $500. This Early Termination Fee is intended not as a penalty, but simply to offset the cost of selling the unused portion of your electric power to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses.

  • Payment on Early Termination Upon termination pursuant to Section 14 (Early Termination), District shall pay Contractor as follows: (i) If District terminates this Contract for its convenience under Section 14(a) or 14(b), then District must pay Contractor for work performed before the termination date if and only if Contractor performed in accordance with this Contract. District shall not be liable for any direct, indirect, or consequential damages. Termination by District shall not constitute a waiver of any other claim District may have against Contractor. (ii) If Contractor terminates this Contract under Section 14(c) due to District’s breach, then District shall pay Contractor for work performed before the termination date if and only if Contractor performed in accordance with this Contract. (iii) If District terminates this Contract under Sections 14(c) or 14(d) due to Contractor’s breach, then District must pay Contractor for work performed before the termination date less any setoff to which District is entitled and if and only if Contractor performed such work in accordance with this Contract.

  • Early Termination Benefit If Early Termination occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Termination Payments In the event of termination of the employment of Executive, all compensation and benefits set forth in this Agreement shall terminate except as specifically provided in this paragraph 4:

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