Right to Terminate Following Event of Default. If at any time an Event of Default with respect to a party (the “Defaulting Party”) has occurred and is then continuing, the other party may, by not more than 20 days’ notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all outstanding Swap Transactions.
Appears in 2 contracts
Samples: Interest Rate Swap Agreement (New Ulm Telecom Inc), Interest Rate Swap Agreement (New Ulm Telecom Inc)
Right to Terminate Following Event of Default. If at any time an Event of Default with respect to a party (the “"Defaulting Party”") has occurred and is then continuing, the other party (the "Non-defaulting Party") may, by not more than 20 days’ days notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all outstanding Swap Transactions.. If, however, "Automatic Early Termination" is specified in the Schedule as applying to a party, then an Early
Appears in 1 contract
Samples: Isda Master Agreement (Cit Equipment Collateral 2003-Vt1)
Right to Terminate Following Event of Default. If at any time an Event of Default with respect to a party (the “"Defaulting Party”") has occurred and is then continuing, the other party (the "Non-defaulting Party") may, by not more than 20 days’ five (5) days notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all outstanding Swap Transactions.
Appears in 1 contract
Samples: Master Swap Agreement
Right to Terminate Following Event of Default. If at any time an Event of Default with respect to a party (the “Defaulting Party”) has occurred and is then continuing, the other party (the “Non-defaulting Party”) may, by not more than 20 days’ days notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all outstanding Swap Transactions.. If,
Appears in 1 contract
Right to Terminate Following Event of Default. If at any time an Event of Default with respect to a party Party (the “Defaulting Party”) has occurred and is then continuing, after giving effect to the applicable Cure Period, the other party Party (the “Non-Defaulting Party”) may, by not more than 20 twenty (20) days’ notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all outstanding Swap Transactions.this Agreement. 16
Appears in 1 contract
Samples: Renewable Natural Gas Attribute Purchase and Sale Agreement
