Step-in from Termination Date Sample Clauses

Step-in from Termination Date. Subject to Section 9.4, from the Termination Date, provided that the Authority has (if applicable) complied with Section 3.7 and Section 4.5 in terminating the Project Agreement, the Authority will be free to exercise its rights under any Material Project Contractor Collateral Agreement to step-in and assume (or cause a third party designated by the Authority to step-in and assume) Project Co’s rights and obligations under, or to transfer or assign, any Material Contract in accordance with a Material Project Contractor Collateral Agreement.
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Step-in from Termination Date. Subject to Section 9.4 [Retention of Security for Deficiency] , from the Termination Date, provided that the Authority has (if applicable) complied with Section 3.7 [No Right to Terminate] and Section 4.5 [Authority Right to Terminate] in terminating the Project Agreement, the Authority will be free to exercise its rights under any Collateral Agreement to step-in and assume (or cause a third party designated by the Authority to step-in and assume) Project Co’s rights and obligations under, or to transfer or assign, any Material Contract in accordance with a Collateral Agreement.
Sample 1
Step-in from Termination Date. Subject to Section 10.4 [Retention of Security for Deficiency] of this Agreement, from the Termination Date, provided always that the Province has (if applicable) complied with Section 4.9 [Province Right to Terminate] of this Agreement in terminating the Project Agreement, the Province shall be free to exercise its rights under any Collateral Agreement to step-in and assume (or cause a third party designated by the Province to step-in and assume) Project Co’s rights and obligations under, or to transfer or assign, any Principal Contract in accordance with a Collateral Agreement.
Sample 1
Step-in from Termination Date. Subject to Section 9.4, from the Termination Date, provided that the Owner has (if applicable) complied with Section 3.7 and Section 4.5 in terminating the Project Agreement, the Owner will be free to exercise its rights under the Design-Builder Collateral Agreement to step-in and assume (or cause a third party designated by the Owner to step-in and assume) Project Co’s rights and obligations under, or to transfer or assign, the Design-Build Agreement in accordance with the Design-Builder Collateral Agreement.
Sample 1

Related to Step-in from Termination Date

  • Contract Termination Date This contract terminates upon the earliest occurrence of the following:

  • 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.

  • When Termination Effective Termination under Article will take effect as provided for in the Notice.

  • TERMINATION DUE TO CHANGE IN FUNDING ‌ 35 In the event funding from HCA, MCO, State, Federal, or other sources is withdrawn, reduced, or limited 36 in any way after the effective date of this Contract and prior to its normal completion, either party may 37 terminate this Contract subject to re-negotiations.

  • Early Termination Date The date upon which an Early Termination becomes effective as specified in Section 5.2 of this Agreement. Effective Date - The date specified above as the effective date. Electric Distribution Company or “EDC” – A public utility providing facilities for the transmission and distribution of electricity to retail customers in Pennsylvania. Electric Generation Supplier or “EGS” – A person or entity that is duly certified by the Commission to offer and provide competitive electric supply to retail customers located in the Commonwealth of Pennsylvania.

  • Deemed Termination A full-time or regular part-time nurse shall lose all service and seniority and shall be deemed to have terminated if the nurse:

  • 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 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.

  • Default Termination a. In the event that the Property has been sold contrary to or any person bids in contravention of the provisions in Clause 4 above, then such sale shall be cancelled and become null and void and of no further effect wherein all monies paid by the Purchaser hitherto including the Deposit shall be forfeited absolutely and immediately.

  • Effective Date of Termination Executive’s employment will terminate on the 30th day after Executive gives written notice to the Company stating that Executive is resigning his employment with the Company for any reason other than Good Reason, unless the Company waives in writing all or part of this notice period (in which case the termination of employment is effective as of the date of the waiver).

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