Termination by Counterparty Sample Clauses

Termination by Counterparty. Counterparty shall pay to BSIL on the Trade Date an amount in immediately available funds in USD equal to 3% of the Put Strike Price multiplied by the aggregate Number of Options for all Tranches hereunder (the "SUPPLEMENTAL FEE"); provided that in lieu of such payment on the Trade Date, Counterparty and BSIL agree that the Supplemental Fee may be netted against the obligation of BSIL to make Loans under the Credit Agreement on the Closing Date (as defined in the Credit Agreement) and the Loans made thereunder on the Closing Date shall be reduced by such Supplemental Fee. So long as (i) no Event of Default (as defined in the Credit Agreement) shall have occurred or is continuing and (ii) either (a) BSIL, or an affiliate of BSIL, shall have consummated the Additional Short or (b) the Issuer shall have satisfied all its obligations under the Registration Rights Agreement between itself and Counterparty dated as of November 23, 2004, as amended by Amendment No. 1 to the Registration Rights Agreement dated as of December 17, 2004 (together, the "REGISTRATION RIGHTS AGREEMENT") (including the availability of the Registration Statement and Prospectus (each as defined in the Registration Rights Agreement) for at least 10 Trading Days (as defined in the Registration Rights Agreement) following the consummation of the Initial Short and (excluding such 10 Trading Day Period) at least 8 calendar weeks prior to any termination under this paragraph), Counterparty may terminate (the "EARLY UNWIND OPTION") the Transaction in whole, but not in part, on any date (the "EARLY UNWIND DATE") following the date that is 7 months from the Trade Date and prior to the date that is 15 months from the Trade Date, upon delivery of notice to BSIL at least 20 Exchange Business Days prior to the Early Unwind Date and delivery on the Early Unwind Date, without payment by BSIL therefor, of a number of Shares equal to 87.5% of the aggregate Number of Options for all Tranches under this Confirmation, rounded up to the nearest whole Share (the "EARLY UNWIND SHARES"). Any Early Unwind Shares shall be subject to the representation and agreement set forth in Section 9.11 of the 2002 Definitions (other than the Security Interests as defined in the Pledge Agreement). Upon delivery of the Early Unwind Shares, together with any other accrued and unpaid amounts under this Confirmation, Counterparty's and BSIL's obligations under the Transaction shall terminate without any further payment or delivery ...
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Termination by Counterparty a) The Counterparty may terminate the whole or a part of the Services obtained under this Agreement with immediate effect by notice in writing to SecureCo if:
Termination by Counterparty. 6.1. Counterparty shall have the right to terminate this Agreement by providing a 15 days prior written notice to eToro X at xxxxxxxx-xxxxxx@xxxxx.xxx, provided, however, that the Counterparty has sufficient amount of Supported Digital Asset required to repay the Account Credit Value, in full and in the same Supported Digital Asset originally provided to Counterparty, unless otherwise agreed by eToro X.

Related to Termination by Counterparty

  • 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 Company The Company is authorized to terminate this Fee Agreement at any time with respect to all or part of the Project upon providing the County with thirty (30) days’ written notice; provided, however, that (i) any monetary obligations existing hereunder and due and owing at the time of termination to a party hereto (including without limitation any amounts owed with respect to Section 4.03 hereof); and (ii) any provisions which are intended to survive termination shall survive such termination. In the year following such termination, all property shall be subject to ad valorem taxation or such other taxation or fee in lieu of taxation that would apply absent this Fee Agreement. The Company’s obligation to make FILOT Payments under this Fee Agreement shall terminate in the year following the year of such termination pursuant to this section.

  • Termination by Contractor Contractor may, at its option, terminate this Contract upon the failure of MPS to pay any amount, which may become due hereunder for a period of sixty (60) days following submission of appropriate billing and supporting documentation. Upon said termination, Contractor shall be paid the compensation due for all services rendered through the date of termination including any retainage.

  • Termination by Owner The Owner may terminate this Agreement in whole or in part, for the failure of the Consultant to:

  • Termination by Lenders In addition to the rights set forth in Section 10.2, Agent may, and at the direction of Required Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.

  • 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 Buyer This Agreement and the transaction contemplated herein may be terminated and abandoned at any time on or prior to the Closing Date by Buyer, if:

  • Termination by Manager Manager shall have the right to terminate this Agreement at any time, with or without cause, upon sixty (60) days written notice to Owner. Manager shall also have the right to terminate this Agreement upon thirty (30) days written notice to Owner for non-payment of fees and expenses due Manager under the terms of this Agreement

  • Termination by Consultant Consultant may terminate Consultant's engagement under this Agreement for any reason provided that Consultant gives Company at least thirty (30) days' notice in writing. Company may, at its option, accelerate such termination date to any date at least two weeks after Consultant's notice of termination. Company may, at its option, relieve Consultant of all duties and authority after notice of termination has been provided. All compensation, payments and unvested benefits will cease on the termination date.

  • Termination by Agreement both parties may agree to terminate this Agreement;

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