EXAMINATION PERIOD AND TERMINATION Sample Clauses

EXAMINATION PERIOD AND TERMINATION. The following provisions shall apply during the period prior to the Closing:
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EXAMINATION PERIOD AND TERMINATION. At the date hereof, neither Shareholders nor Novatek has had an opportunity to make an investigation or analysis of the business, assets, liabilities, properties and affairs of Novatek or of the Company, respectively, or of the exhibits, schedules, information and other documents to be delivered hereafter pursuant to this Agreement and relating to Novatek's or the Company's assets, liabilities, equities, commitments, properties and businesses. The parties shall complete the preparation of all such exhibits, schedules, information and documents, and shall deliver the same by February 20, 1996. The parties shall have seven days from the date of their respective receipt of the last of such exhibits, schedules, information and other documents, in which to investigate, ascertain and verify, all of the facts, manner which it may choose, the business and affairs of the Company or Novatek, as the case may be. If in Shareholders' or Novatek's good faith judgment there is any material breach of any warranty contained in this Agreement or misrepresentation, or failure of the other parties to perform any of their commitments, covenants or conditions contained in this Agreement, or if there exists any material error, misstatement or omission with regard to any part thereof or if Shareholders or Novatek, respectively, in its sole judgment, is not satisfied with the results of its investigation or the contents of any of the exhibits, schedules, information or other documents, or with the results of its examination of the business and condition (financial or otherwise) of the Company or of Novatek, as the case may be, either such party may terminate this Agreement at any time prior to the end of such period by written notice to the other parties.
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EXAMINATION PERIOD AND TERMINATION 
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Related to EXAMINATION PERIOD AND TERMINATION

  • Effective Period and Termination The Servicer’s appointment as custodian shall become effective as of the Cutoff Date and shall continue in full force and effect until terminated pursuant to this Section 2.9. If the Servicer shall resign as Servicer under Section 7.6, or if all of the rights and obligations of the Servicer shall have been terminated under Section 8.1, the appointment of the Servicer as custodian hereunder may be terminated (i) by the Trust, with the consent of the Indenture Trustee, (ii) by the Holders of Notes evidencing not less than 25% of the Note Balance of the Controlling Class or, if the Notes have been paid in full, by the Holders of Certificates evidencing not less than 25% of the aggregate Certificate Percentage Interest or (iii) by the Owner Trustee, with the consent of the Holders of Notes evidencing not less than 25% of the Note Balance of the Controlling Class, in each case by notice then given in writing to the Depositor and the Servicer (with a copy to the Indenture Trustee and the Owner Trustee if given by the Noteholders or the Certificateholders). As soon as practicable after any termination of such appointment, the Servicer shall deliver, or cause to be delivered, the Receivable Files and the related accounts and records maintained by the Servicer to the Indenture Trustee, the Indenture Trustee’s agent or the Indenture Trustee’s designee, as the case may be, at such place as the Indenture Trustee may reasonably designate or, if the Notes have been paid in full, at such place as the Owner Trustee may reasonably designate.

  • EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT This Contract shall become effective upon its execution, and shall remain in full force and effect continuously thereafter (unless terminated automatically as set forth in Section 4) until terminated as follows:

  • Duration and Termination This Agreement shall become effective on July 21, 2015 and shall continue in effect until February 28, 2017, and thereafter, only if such continuance is approved at least annually by a vote of the Board, including the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person, at a meeting called for the purpose of voting such approval. In addition, the question of continuance of this Agreement may be presented to the shareholders of the Portfolio; in such event, such continuance shall be effected only if approved by the affirmative vote of the holders of a majority of the outstanding voting securities of the Portfolio. This Agreement may at any time be terminated without payment of any penalty either by vote of the Board or by vote of the holders of a majority of the outstanding voting securities of the Portfolio, on not more than (60) sixty days’ written notice to the Manager. This Agreement shall automatically terminate in the event of its assignment. This Agreement may be terminated by the Manager after ninety (90) days’ written notice to the Fund. Any notice under this Agreement shall be given in writing, addressed and delivered, or mailed post-paid, to the other party at any office of such party. As used in this Section, the terms “assignment,” “interested persons,” “voting securities,” and a “majority of the outstanding voting securities” shall have the respective meanings set forth in Section 2(a)(4), Section 2(a)(19), Section 2(a)(42) of the 1940 Act and Rule 18f-2 thereunder.

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