No Increased Termination Liabilities Sample Clauses

No Increased Termination Liabilities. No amendment, waiver or exercise of a right under any Principal Developer Document shall have the effect of increasing the amount of the Authority’s liabilities on Early Termination, unless Developer has obtained the prior written consent of the Authority to such increased liability for the purposes of this Section 18.3 (
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No Increased Termination Liabilities. In the event of any conflict between the provisions of this Section 18.3 (No Increased Termination Liabilities) and any other provision of this Agreement, the provisions of this Section 18.3 (No Increased Termination Liabilities) shall prevail.
No Increased Termination Liabilities. No amendment, waiver or exercise of a right under any Principal Development Entity Document shall have the effect of increasing the amount of the Department’s liabilities on Early Termination, unless the Development Entity has obtained the prior written consent of the Department to such increased liability for the purposes of this Section 18.3 (No Increased Termination Liabilities). In the event of any conflict between the provisions of this Section 18.3 (No Increased Termination Liabilities) and any other provision of this PPA, the provisions of this Section 18.3 (No Increased Termination Liabilities) shall prevail.
No Increased Termination Liabilities. No amendment, waiver or exercise of a right under any Principal Development Entity Document shall have the effect of increasing the amount of the Department’s liabilities on Early Termination, unless the Development Entity has obtained the prior written consent of the Department to such increased liability for the purposes of this Section 18.3 (No Increased Termination Liabilities). In the event of any conflict between the provisions of this Section 18.3 (No Increased Termination Liabilities) and any other provision of this PPA, the provisions of this Section 18.3 (No Increased Termination Liabilities) shall prevail. For the avoidance of doubt, nothing in this Section 18.3 (No Increased Termination Liabilities) shall have the effect of precluding prepayment costs, make-whole amounts or breakage costs agreed to by the Development Entity (and approved by the Department) under the Financing Documents delivered as at the Financial Closing Date from being included in the amount of the Department’s liabilities on Early Termination in accordance with Schedule 6 (Compensation on Termination) of this PPA.

Related to No Increased Termination Liabilities

  • Effective Date; Termination Section 6.01. The following events are specified as additional conditions to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01 (b) of the General Conditions:

  • Effective Date; Termination; Cancellation and Suspension Section 5.01. This Agreement shall come into force and effect on the date upon which the Development Credit Agreement becomes effective.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • EFFECTIVE DATE, TERMINATION, AND RENEWAL 17.1 This Agreement shall become effective on the first day of May, AD., 2019, and shall continue in full force and effect until the thirtieth (30th) day of April, AD., 2022 and thereafter from year to year unless terminated upon written notice of either party within one hundred and twenty (120) days prior to any anniversary of the terminal date.

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Retroactive Pay for Terminated Employees An employee who has retired or severed his/her employment between the termination date of this Agreement and the effective date of the new Agreement shall receive the full retroactivity of any increase in wages, salaries or other benefits.

  • Effective Date of Benefit Termination Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.

  • Termination Benefits (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

  • Employer Compensation Upon Separation An Employee, upon her separation from employment, shall compensate the Employer for vacation which was taken but to which she was not entitled.

  • Effective Date, Suspension and Termination Section 6.01. This Agreement shall become effective upon its execution by the parties.

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