Manager’s Right to Terminate Sample Clauses

Manager’s Right to Terminate. (a) Manager shall have the right to terminate this Agreement at any time during the Term hereof: (i) if a receiver, liquidator, trustee or conservator pursuant to N.J.S.A. 5:12-130.1 shall be appointed for the Owner, or if the Owner shall be adjudicated as bankrupt or insolvent, or if any petition for bankruptcy, reorganization or arrangement pursuant to federal bankruptcy law, or any similar federal or state law, shall be filed by or against, consented to, or acquiesced in by, the Owner, or if any proceeding for the dissolution or liquidation of the Owner shall be instituted and Owner is unable to dismiss such proceeding within ninety (90) days of notice of such filing, (ii) in the event of a Change of Control, or (iii) for cause (including, but not limited to, during any notice period with respect to a termination without cause); provided, that the Manager shall exercise its right to terminate for cause within thirty (30) days following its knowledge of the events deemed to constitute cause (or such other time as may be reasonably necessary to obtain required Regulatory Approvals, provided, such period shall not exceed ninety (90) days in the aggregate). For the purposes of this Section 8.03 (a) “cause” shall mean: (i) a trust agreement required by N.J.S.A. 5:12-95.14(a) in connection with Owner and/or Taj Mahal is ordered activated by the Commission; (ii) termination, suspension, withdrawal or revocation of the Owner’s Casino License, or any other authorized waiver, license or permit necessary for Owner to own and operate the Casino; (iii) the conviction of the Owner of any crime involving fraud, embezzlement, dishonesty, or any other crime which causes a Licensing Impairment; (iv) any termination (or non-extension) of this Agreement required by an applicable Gaming Authority; (iv) Owner and/or Guarantor does not provide sufficient funds to operate the Casino in accordance with the Approved Budget and Approved Operating Plan, or Working Capital Funds, or (v) any other material breach of any of the terms or conditions of the Agreement by the Owner that is not cured within ninety (90) days of a detailed written notice by Manager describing the circumstances of such breach.

Manager’s Right to Terminate. The Joint Lead Managers (on behalf of the Managers) may give a termination notice to the Issuer and the Guarantor at any time prior to the payment of the net proceeds of the issue of the Notes to the Issuer on the Closing Date if:

Manager’s Right to Terminate. Prior to the Effective Date and after ten months from the date execution of the Agreement, the Manager may terminate this Agreement without cause at any time upon sixty days prior notice to the Tribe.

Manager’s Right to Terminate. Manager shall have the right to terminate this Agreement upon notice to Owner if any of the following events shall occur: (i) there occurs a material breach of this Agreement by Owner and, if such breach is curable by Owner, such breach persists for more than thirty (30) days from the date of such breach unless such breach cannot be cured within thirty (30) days and Owner fails to diligently prosecute to completion such a cure within ninety (90) days; (ii) Owner commits an Act of Insolvency; or (iii) subject to Section 8.04, the Project is suspended as provided in Section 8.04.

Manager’s Right to Terminate. Manager may Terminate this Agreement (i) upon an Event of Default by the Fund, or (ii) for any reason effective upon 120 days’ prior written notice of Termination to the Fund.