Common use of Step-Out Clause in Contracts

Step-Out. The Authority may, at any time, terminate the Step-in Period by giving the Material Project Contractor at least 30 days' notice specifying the date on which the Step-in Period will terminate (the "Step-out Date").

Appears in 12 contracts

Samples: Project Contractor Collateral Agreement, Project Contractor Collateral Agreement, Project Contractor Collateral Agreement

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Step-Out. The Authority may, at any time, terminate the Step-in Period by giving the Material Project Contractor at least 30 days' notice specifying the date on which the Step-in Period will terminate (the "Step-out Date").

Appears in 3 contracts

Samples: Project Contractor Collateral Agreement, Project Contractor Collateral Agreement, Project Contractor Collateral Agreement

Step-Out. The Authority may, at any time, terminate the Step-in Period by giving the Material Project Contractor at least 30 days' notice specifying the date on which the Step-in Period will terminate (the "Step-out Date").

Appears in 1 contract

Samples: Project Contractor Collateral Agreement

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Step-Out. The Authority may, at any time, terminate the Step-in Period by giving the Material Project Contractor Contract Party at least 30 days' notice specifying the date on which the Step-in Period will terminate (the "Step-out Date").

Appears in 1 contract

Samples: Contract Party Collateral Agreement

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