Notice of Termination; Effects of Termination Sample Clauses

Notice of Termination; Effects of Termination. (a) The Party desiring to terminate this Agreement pursuant to this Section 8 (other than pursuant to Section 8.1 hereof) shall deliver written notice of such termination to each other Party hereto specifying with particularity the reason for such termination, and any such termination in accordance with this Section 8.5(a) shall be effective immediately upon delivery of such written notice to the other Party.
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Notice of Termination; Effects of Termination. If a party hereto wishes to terminate this Agreement pursuant to Section 9.01, then, such party shall deliver to the other parties to this Agreement a written notice stating that such party is terminating this Agreement and setting forth a brief description of the basis on which such party is terminating this Agreement. Any permitted termination of this Agreement under Section 9.01 above will be effective immediately upon the delivery of written notice of the terminating party to the other parties hereto, unless, in accordance with Section 9.01(d) or Section 9.01(e) above, the breach giving rise to such termination is: (a) capable of being cured; and (b) not cured during the applicable cure period set forth therein, whereupon such permitted termination of this Agreement will be effective immediately following the end of such applicable cure period. In the event this Agreement is terminated pursuant to Section 9.01, all further obligations of the parties hereunder shall terminate and this Agreement shall become null and void and of no further force and effect, except for the obligations set forth in Article I (Definitions), Section 5.03(a) (Confidentiality), Section 5.15 (Expenses), this Section 9.02 (Notice of Termination; Effects of Termination), Section 10.01 (Notices), Section 10.02 (Announcements), Section 10.03 (Severability), Section 10.04 (Entire Agreement), Section 10.05 (Binding Effect; Persons Benefiting; No Assignment), Section 10.06 (Amendment), Section 10.07 (Governing Law; Jurisdiction; Waiver of Jury Trial), and Section 10.13 (Guarantee), and except that such termination shall not relieve any party hereto of any Liability for any intentional breach of this Agreement or negate a Claim of Fraud against the Seller, the Purchaser, or Xxxxxxx Xxxxx, as applicable, with respect to the representations made by the Seller or the Purchaser, as applicable, in this Agreement, and for the avoidance of doubt, each warranty made by the Seller or the Purchaser, as applicable, in this Agreement shall be deemed to be a representation made by such Person for purposes of the foregoing.
Sample 1

Related to Notice of Termination; Effects of Termination

  • Notice of Termination; Effect of Termination Any proper termination of this Agreement under Section 7.1 will be effective immediately upon the delivery of written notice of the terminating party to the other parties hereto. In the event of the termination of this Agreement as provided in Section 7.1, this Agreement shall be of no further force or effect, except (i) as set forth in this Section 7.2, Section 7.3 and Article 8, each of which shall survive the termination of this Agreement, and (ii) nothing herein shall relieve any party from liability for any willful breach of this Agreement. No termination of this Agreement shall affect the obligations of the parties contained in the Confidentiality Agreement, all of which obligations shall survive termination of this Agreement in accordance with their terms.

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

  • Effects of Termination Upon the termination of this Agreement for any reason:

  • Notice of Termination Events Neither any Purchaser Agent nor the Administrator shall be deemed to have knowledge or notice of the occurrence of any Termination Event or Unmatured Termination Event unless the Administrator and the Purchaser Agents have received notice from any Purchaser, the Servicer or the Seller stating that a Termination Event or an Unmatured Termination Event has occurred hereunder and describing such Termination Event or Unmatured Termination Event. In the event that the Administrator receives such a notice, it shall promptly give notice thereof to each Purchaser Agent whereupon each such Purchaser Agent shall promptly give notice thereof to its related Purchasers. In the event that a Purchaser Agent receives such a notice (other than from the Administrator), it shall promptly give notice thereof to the Administrator. The Administrator shall take such action concerning a Termination Event or an Unmatured Termination Event as may be directed by the Majority Purchaser Agents (unless such action otherwise requires the consent of all Purchasers, the LC Bank and/or the Required LC Participants), but until the Administrator receives such directions, the Administrator may (but shall not be obligated to) take such action, or refrain from taking such action, as the Administrator deems advisable and in the best interests of the Purchasers and the Purchaser Agents.

  • Events of Termination Subject to Section 6.4 below, this Agreement will terminate as to a Fund:

  • Effect of Termination for Cause If Employee's employment is terminated "For Cause":

  • Notice of Termination Event Upon the occurrence of a Termination Event, the Company shall deliver written notice to the Purchase Contract Agent, the Collateral Agent and the Securities Intermediary within a reasonable amount of time and to the extent permitted by law.

  • Notice of Termination for Cause Notice of Termination for Cause shall mean a notice to Executive that shall indicate the specific termination provision in Section 7(c) relied upon and shall set forth in reasonable detail the facts and circumstances which provide a basis for Termination for Cause.

  • Certain Effects of Termination In the event that this Agreement is terminated pursuant to Section 7.01:

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