Effect of a Termination Event Sample Clauses

Effect of a Termination Event. 5.1 Upon the occurrence of a Termination Event, or at any time thereafter, irrespective of whether any Event of Default is continuing, the Bank may issue a Termination Notice to the Customer declaring that this Purchase Undertaking is invoked whereupon:
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Effect of a Termination Event. A Termination Event shall constitute (as the case may be) either a repudiatory breach of, or breach of condition by the Charterers under, this Charter or an agreed terminating event the occurrence of which will (in any such case) entitle the Owners to exercise all or any of the remedies set out below in this Clause 52.
Effect of a Termination Event. Upon the occurrence of a Termination Event:

Related to Effect of a Termination Event

  • Termination Effect of Termination 33 9.1 TERMINATION.................................................33 9.2

  • Effect of Benchmark Transition Event (i) If the Calculation Agent determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior to the Reference Time (as defined below) in respect of any determination of the Benchmark (as defined below) on any date, the Benchmark Replacement will replace the then-current Benchmark for all purposes relating to the Subordinated Notes during the relevant Floating Interest Period in respect of such determination on such date and all determinations on all subsequent dates.

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

  • ARTICLE IX TERMINATION 37 9.01. Termination..........................................................................37 9.02.

  • Termination and Effect of Termination This Agreement shall terminate upon the date on which no Holder holds any Registrable Securities, except for the provisions of Sections 3.9 and 3.10, which shall survive any such termination. No termination under this Agreement shall relieve any Person of liability for breach or Registration Expenses incurred prior to termination. In the event this Agreement is terminated, each Person entitled to indemnification rights pursuant to Section 3.9 hereof shall retain such indemnification rights with respect to any matter that (i) may be an indemnified liability thereunder and (ii) occurred prior to such termination.

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