Plan Sponsor Termination Events Sample Clauses

Plan Sponsor Termination Events. This Agreement shall be automatically terminated as to all Parties upon the occurrence and continuation of any of the following events (each, a “Plan Sponsor Termination Event”), unless the Plan Sponsor waives such Plan Sponsor Termination Event in writing within 3 business days of the Plan Sponsor’s actual knowledge of the occurrence of such Plan Sponsor Termination Event:
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Plan Sponsor Termination Events. Each of the following events constitutes a Plan Sponsor Termination Event:
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Plan Sponsor Termination Events. This Agreement may be terminated (i) with respect to any PE Sponsor, by such PE Sponsor and (ii) with respect to the Consenting Investors, by the Requisite Consenting Investors, in each case, by delivering to the other Parties one (1) business day’s written notice in accordance with Section 11(l) hereof, upon the occurrence of any of the following events, in each case after the Agreement Effective Date; provided, however, that neither any PE Sponsor nor the Requisite Consenting Investors may seek to terminate this Agreement based upon a breach of this Agreement by any Debtor arising primarily out of any such PE Sponsor’s or any Consenting Investor’s own actions, respectively:
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Plan Sponsor Termination Events. The Plan Sponsor may terminate its obligations and liabilities under this Agreement upon three (3) Business Days’ prior written notice (in accordance with Section 9.10 hereof) to the Debtors, Xxxxxx Road, and counsel to the Required Consenting Senior Noteholders of the occurrence of any of the following events (each, a “Plan Sponsor Termination Event”):
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Plan Sponsor Termination Events. Upon written notice from the Requisite Plan Sponsors delivered in accordance with Section 23 hereof (with a copy of such written notice delivered to all Parties), at any time (X) in the event a CHC Fiduciary Action (as defined below) occurs (whether or not notice of such is provided) or (Y) the occurrence and during the continuance of any of the following events, in each case, unless waived in writing by the Requisite Plan Sponsors, the Requisite Plan Sponsors may terminate this Agreement with respect to all Parties, and no failure or delay by the Requisite Plan Sponsors in exercising their right to terminate this Agreement shall operate as a waiver thereof or limit in any way such termination right:
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Plan Sponsor Termination Events. (i) any of the events listed in Section 3.02(b) do not occur by the date required by Section 3.02(b);
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Related to Plan Sponsor Termination Events

  • Other Termination Events Subject to Section 6.4(b), this Agreement shall terminate with respect to all Parties upon the earliest to occur of (a) a written agreement among the Parties to terminate this Agreement, (b) the Closing and (c) the delivery of a written notice from the Majority Initial Consortium Members.

  • Servicer Termination Events The following events will each be a “Servicer Termination Event”:

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

  • Waiver of Servicer Termination Events The Noteholders of a majority of the Note Balance of the Controlling Class or, if no Notes are Outstanding, the Owner Trustee, at the direction of the holder of the Residual Interest, may direct the Indenture Trustee to waive a Servicer Termination Event, except failure to make required deposits to or payment from any of the Bank Accounts, and its consequences. On any waiver, the Servicer Termination Event will be considered not to have occurred. No waiver will extend to any other Servicer Termination Event or impair a right relating to any other Servicer Termination Event. The Issuer will promptly notify the Rating Agencies of any waiver.

  • Additional Termination Events The following Additional Termination Events will apply:

  • Trustee Termination Events Any one of the following events shall constitute a Trustee Termination Event (a "Trustee Termination Event"):

  • Servicer Termination Event For purposes of this Agreement, each of the following shall constitute a “Servicer Termination Event”:

  • Transfer to Avoid Termination Event If either an Illegality under Section 5(b)(i)(1) or a Tax Event occurs and there is only one Affected Party, or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party, the Affected Party will, as a condition to its right to designate an Early Termination Date under Section 6(b)(iv), use all reasonable efforts (which will not require such party to incur a loss, excluding immaterial, incidental expenses) to transfer within 20 days after it gives notice under Section 6(b)(i) all its rights and obligations under this Agreement in respect of the Affected Transactions to another of its Offices or Affiliates so that such Termination Event ceases to exist. If the Affected Party is not able to make such a transfer it will give notice to the other party to that effect within such 20 day period, whereupon the other party may effect such a transfer within 30 days after the notice is given under Section 6(b)(i). Any such transfer by a party under this Section 6(b)(ii) will be subject to and conditional upon the prior written consent of the other party, which consent will not be withheld if such other party's policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed.

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