Termination by AESOP Leasing Sample Clauses

Termination by AESOP Leasing. .................... Section 8.3 Receipt of Property Following Termination. .......... Section 8.4 Survival of Certain Provisions. ..................... Section 8.5 No Assignment ....................................... Section 8.6 Further Assurances .................................. Section 8.7 Entire Agreement .................................... Section 8.8 Notices ............................................. Section 8.9 Company Representations ............................. Section 8.10 Section 1031 Exchange ............................... Section 8.11 Representations of the Intermediary ................. Section 8.12 Confidentiality ..................................... Section 8.13 No Bankruptcy Petition Against AESOP Leasing or Certain Other Persons ............................... Section 8.14
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Termination by AESOP Leasing. This Agreement may be terminated by AESOP Leasing upon seven (7) days advance written notice by AESOP Leasing to the Intermediary with copies to the Trustee and the Lender Agent. In addition, AESOP Leasing may terminate this Agreement immediately, and without the requirement of any notice to the Intermediary (but with a notice delivered as promptly as practicable to the Trustee and the Lender Agent), upon the occurrence of any of the following (each, an "Intermediary Exchange Agreement Termination Event"): the Intermediary shall fail to perform any of its obligations under this Agreement; the Intermediary shall cease to be the trust department of a United States bank having a combined capital and surplus of at least $500,000,000 as set forth in its most recent published annual report of condition; or the Intermediary shall cease to have the Requisite Rating from either or both of Xxxxx'x or Standard & Poor's. Any such termination of this Agreement shall apply prospectively only and shall not affect the duties of the parties hereto with respect to any Group of Relinquished Vehicles already transferred for which funds are still held (or, to the extent not yet received, to be held) in trust by the Intermediary in any Lender Trust Accounts or AESOP Trust Accounts, as the case may be. In the event of such a termination of this Agreement, the provisions of this Agreement, including without limitation Sections 2.2 and 2.4 hereof, shall continue to apply to all property held by the Intermediary. However, AESOP Leasing may direct the Intermediary to transfer such property to an Eligible Successor Intermediary; PROVIDED, that following receipt by the Intermediary of a notice of an AESOP Exchange Agreement Termination Event (pursuant to Section 7.1(a) hereof), only the Trustee may specify such a successor Qualified Intermediary; and further subject to the prior written approval of each Enhancement Provider and of the Lender Agent as provided in the definition of Eligible Successor Intermediary. If not instructed to deliver the property held by it as Intermediary to a successor Qualified Intermediary, then, following such a termination, the Intermediary shall deliver all property held in AESOP Trust Accounts, when such property is no longer subject to the restrictions of Section 2.4 (together with all applicable reports, accountings and other records relative to this Agreement and the transactions undertaken pursuant hereto) to the Trustee, as specified in ANNEX 6 her...

Related to Termination by AESOP Leasing

  • Termination by Agreement In the event Practice and Business ------------------------ Manager shall mutually agree in writing, this Management Services Agreement may be terminated on the date specified in such written agreement.

  • Termination by Owner Owner may also terminate this Agreement at any time before Contractor begins the Work and notifies Owner in writing of such commencement if (1) Owner sells the property on which the Work is being performed or (2) the economic climate does not warrant proceeding with the project of which the Work is a part. In such circumstance, Contractor shall be entitled to receive that portion of the Contract Price earned by Contractor for Work performed to the satisfaction of Owner less any payments made before the date this Agreement is terminated. Contractor shall not be entitled to any additional compensation or damages as a result of termination of this Agreement pursuant to this Paragraph 12(c).

  • Termination by Seller This Agreement may be terminated by Seller and the purchase and sale of the Station abandoned, if Seller is not then in material default, upon written notice to Buyer, upon the occurrence of any of the following:

  • Termination by Lessor Lessor may terminate the lease at any time if any of the following shall happen:

  • Termination by Xxxxxx This Agreement may be terminated and the Merger Transactions abandoned at any time before the Acceptance Time by Parent:

  • Termination by Bank If the Bank, or its successor in interest by merger, or its transferee in the event of a purchase in an assumption transaction (for reasons other than Executive's death, disability, or Cause) (1) terminates Executive's employment within one year following a Change in Control (as defined below), or (2) terminates Executive's employment before the Change in Control but on or after the date that any party either announces or is required by law to announce any prospective Change in Control transaction and a Change in Control occurs within six months after the termination, the Bank will provide Executive with the payment and benefits described in Section 9(d)(3) below.

  • Termination by Parent This Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time by Parent if:

  • Termination by You In the event of an Employment Separation as a result of a termination by you for any reason, you must provide the Company with at least 14 days advance written notice ("Notice of Termination") and continue working for the Company during the 14-day notice period, but only if the Company so desires to continue your employment and to compensate you during such period. In the event of such termination under this Section, the Company will pay you the earned but unpaid portion of your Basic Salary through the termination date.

  • Termination by Tenant In the event that the destruction to the Premises cannot be restored as required herein under applicable laws and regulations within two hundred seventy (270) days of the damage or casualty, notwithstanding the availability of insurance proceeds, Tenant shall have the right to terminate this Lease by giving the Landlord notice thereof within thirty (30) days of date of the occurrence of such casualty specifying the date of termination which shall not be less than thirty (30) days nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent, reduced by any proportionate reduction in Rent as provided for in Section 18.1 above, shall be paid to the date of such termination.

  • Termination by Sellers This Agreement may be terminated at any time prior to the Closing Date by Sellers as follows:

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