Early Termination or Reduction Payments Sample Clauses

Early Termination or Reduction Payments. (a) 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). ----------- ------- ------------
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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:

  • 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:

  • Early Termination Fee In the event that the Funds terminate this Agreement prior to the five (5) year anniversary of the Effective Date (the “Anniversary Date”), other than due to the Transfer Agent’s bankruptcy under Section 12.6, or for cause under Section 12.7, or under Section 4.2 in the event the Transfer Agent ceases to be a registered transfer agent under the 1934 Act, or under Section 4.9 in the event the Transfer Agent violates clauses (a) or (b) of that Section, the Funds shall pay to the Transfer Agent an early termination fee (the “Early Termination Fee”), the amount of which shall be determined as follows:

  • 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.

  • Voluntary Termination or Reduction The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 or a larger multiple thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

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

  • Notice of Voluntary Termination or Reduction The Borrower shall notify the Administrative Agent of any election to terminate or reduce the Commitments under paragraph (b) of this Section at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any notice, the Administrative Agent shall advise the applicable Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; provided that a notice of termination of the Commitments of a Class delivered by the Borrower may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied.

  • Termination Payments In the event of termination of the Executive’s employment during the Employment Period, all compensation and benefits set forth in this Agreement shall terminate except as specifically provided in this Section 8.

  • Termination Payment The final payment delivered to the Certificateholders on the Termination Date pursuant to the procedures set forth in Section 9.01(b).

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