Payments on Accelerated Termination6.03 Payments on Accelerated Termination6.03 Payments on Accelerated Termination Sample Clauses

Payments on Accelerated Termination6.03 Payments on Accelerated Termination6.03 Payments on Accelerated Termination. If an Event of Change shall have occurred and be continuing, and if any arrangement is not, or is not capable of being, made pursuant to Section 6.02, then either party (if adversely affected by such Event of Change) may designate an accelerated termina­tion date ("Accelerated Termination Date") upon not less than two and not more than 10 Business Days' notice to the other party. Upon the Accelerated Termination Date, the parties' obligations hereunder shall ter­­minate, except for the obligations contained in the remainder of this Section 6.03 and in Section 7.02 and the obligation referred to in the proviso to the final sentence of this Section 6.03. Upon the designation of an Accelerated Termination Date, the Seller, at the option of the Purchaser, shall either (i) deliver any Natural Gas otherwise deliverable hereunder to the Purchaser, provided that such delivery of Natural Gas by the Seller would not then be unlawful and the Seller has the ability to make such delivery and pay any Unpaid Amounts or (ii) the Seller shall pay to the Purchaser an amount equal to the Termination Payment plus any Unpaid Amounts. All amounts payable under this Section 6.03 shall become due on the Accelerated Termination Date and shall be payable on the fifth Business Day following delivery by the Purchaser of the certificate of calculation of the Termination Payment contem­plated by Section 5.03. Upon the occurrence of an Accelerated Termination Date, the Purchaser's sole remedy shall be either, at the Purchaser's sole discretion, to receive Natural Gas plus the Unpaid Amounts pursuant to clause (i) above or to seek the Termination Payment herein specified plus any Unpaid Amounts provided that nothing herein shall affect either party's obligation to make payments of amounts that were due and owing (whether or not payable) on or prior to the occurrence of such Accelerated Termination Date.
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Related to Payments on Accelerated Termination6.03 Payments on Accelerated Termination6.03 Payments on Accelerated Termination

  • Payments on Early Termination For the purpose of Section 6(e) of this Agreement:

  • Payments on Termination Payments to the Advisor pursuant to this Section 13.03 shall be subject to the 2%/25% Guidelines to the extent applicable. After the Termination Date, the Advisor shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the Company within 30 days after the effective date of such termination all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Advisor prior to termination of this Agreement.

  • Termination for Non-Payment We may terminate this Agreement with immediate effect by giving written notice to you if you fail to pay any amount due under this Agreement on the due date for payment and remain in default not less than thirty

  • Payment of Termination Payment The Defaulting Party shall make the Termination Payment within ten (10) Business Days after such notice is effective, regardless whether the Termination Payment calculation is disputed. If the Defaulting Party disputes the Non-Defaulting Party’s calculation of the Termination Payment, in whole or in part, the Defaulting Party shall within ten

  • Payment of Annual Leave on Termination On the termination of their employment, an employee will be paid their untaken or pro-rata annual leave.

  • Payment on Early Termination Upon termination pursuant to Section 14 (Early Termination), District shall pay Contractor as follows:

  • Termination Payments In the event of termination of the Executive’s employment during the Employment Period, all compensation and benefits set forth in this Agreement shall terminate except as specifically provided in this Section 8.

  • Automatic Termination This Agreement shall automatically and immediately terminate in the event of its “assignment” (as defined in the 1940 Act).

  • Termination Payment The final payment delivered to the Certificateholders on the Termination Date pursuant to the procedures set forth in Section 9.01(b).

  • Automatic Recurring Payments You may use the xxxx payment function to arrange for the automatic payment of bills that have a fixed frequency and amount. Once your automatic xxxx payment arrangements are established, we will make the payments without further requests by you. If the payment due date for an automatic payment falls on a weekend or holiday, the payment may be made the following business day.

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