Effect of Termination Event Sample Clauses

Effect of Termination Event. 11.2 On or after a Termination Event (whether or not We end this Agreement) and without limiting Our other rights We can do all or any of the following (with or without giving You notice in Writing):-
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Effect of Termination Event. If a Grantee has a Termination Event, all of the RSUs that have not vested as of the Termination Date shall be cancelled by the Company and forfeited by the Grantee as of the Termination Date, as provided in the Plan.
Effect of Termination Event. If a Termination Event occurs:
Effect of Termination Event. 11.2 On or after a Termination Event (whether or not We end this Agreement) and without limiting Our other rights We can do all or any of the following (with or without giving You notice in Writing): not make any further payments to You and require You to pay Us at once all amounts You owe Us (whether or not under this Agreement); require You to buy back any Unpaid Debts for a price equal to the aggregate amount payable by You under Condition 11.2(A) (You not becoming their owner until You have paid such amount to Us in cleared funds); increase Our Discount by 2% (to cover Our increased risk); or reserve for any liabilities We think You may owe Us. Or
Effect of Termination Event. If a Grantee has a Termination Event, all of the Award that has not vested as of the Termination Date shall be cancelled by the Company and forfeited by the Grantee as of the Termination Date, as provided in the Plan.
Effect of Termination Event. (a) Upon any Event of Termination or occurrence described in Section 13.2, this Agreement shall terminate (at the option of the non-bankrupt or non-insolvent party or party which has not committed the Event of Termination, as applicable), and except as to liabilities or claims which shall have accrued or arisen prior to or on account of such termination, all obligations hereunder shall cease upon an Event of Termination, except liabilities resulting from such Event of Termination. In any judicial proceeding in which the validity of termination is at issue, neither party will be limited to the reasons set forth in any notice given under this Section.
Effect of Termination Event. Upon the occurrence of a Termination Event (and, in the case of a Termination Event under paragraph (i) above, the passage
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Effect of Termination Event. Upon the termination of this Agreement: (a) Licensee shall immediately cease and forever refrain from using any of the Licensed Intellectual Property, and all the rights granted to Licensee pursuant to this Agreement shall immediately cease; (b) Licensee shall remove or cause to be removed any reference to the Licensed Intellectual Property that may exist on any physical or digital materials, and any websites, maintained by Licensee in connection with its activities and/or the business of Licensee; and (c) the Parties will cooperate and do all acts and things reasonably required to properly conclude matters pursuant to this Agreement.
Effect of Termination Event. (a) If the Termination Event is pursuant to Section 2.3, 6.1(f) or 7.3, or if the Closing does not occur as a result of a failure of a condition precedent to the obligations of Buyer or Seller hereunder pursuant to Section 4.2 or 4.3 as applicable (provided such failure of a condition precedent is not the result of a default hereunder) Buyer shall be entitled to an amount equal to the Deposit (less any fees owed to any escrow agent, or portion of the Deposit lost due to any investment made pursuant to any escrow agreement), but to no other compensation, damages or reimbursement.
Effect of Termination Event. Upon the occurrence of a Termination Event (and, in the case of a Termination Event under paragraph (i) above, the passage of 30 days without the Capital Investment, plus all Yield, Fees and Other Amounts having been paid in full pursuant to the terms hereof), any or all of the following actions may be taken by notice to the Seller: (i) the Agent may declare the Facility Termination Date to have occurred (in which case the Facility Termination Date shall be deemed to have occurred), (ii) without limiting any right under this Agreement to replace the Servicer Parties, the Agent may designate another Person to succeed HomePride as the Servicer and/or CIT Group/Sales as the Sub-Servicer; provided, that, automatically upon the occurrence of any event (without any requirement for the passage of time or the giving of notice) described in paragraph (a) of Section 14.03, the Facility Termination Date shall occur, HomePride (if it is then serving as the Servicer) shall cease to be the Servicer and CIT Group/Sales shall cease to be the Sub-Servicer, and the Agent or its designee shall become the Servicer and (iii) at the option of the Agent in its sole discretion, the Agent may instruct the Servicer to take all additional steps, if any, as are necessary or desirable, in the determination of the Agent, to create and/or maintain perfection of the security interest in the Mortgaged Property or Manufactured Home related to each Pool Receivable (and the proceeds thereon) on behalf of the Seller and to create and/or maintain perfection of the security interest in the security interest of the Seller in the Mortgaged Property or Manufactured Home related to each Pool Receivable (and the proceeds thereon) on behalf of the Agent (for the benefit of the Investors and the Banks), including, without limitation, having a notation of the Seller's and/or the Agent's security interest recorded on the relevant Title or other applicable records of title, endorsing any Mortgage Note to the Seller or the Agent (as the Agent may request) and preparing and recording assignments to the Seller or the Agent (as the Agent may request) of any Mortgages (or completing any existing assignments of Mortgages previously delivered in blank in the name of the Seller and/or Agent, as assignee(s), and recording any of such assignments, all as directed by the Agent), and if the Servicer fails to take all such steps, the Agent may take such steps at the sole expense of the Seller, and each of the Seller ...
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