Termination Date; Effect of Termination Sample Clauses

Termination Date; Effect of Termination. This Contract shall be terminated on the date (the “Termination Date”) that a Party delivers a notice of termination to the other Party pursuant to the express terms of this Contract.
Sample 1
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Termination Date; Effect of Termination. Termination Date" shall mean the fifth calendar day following the Debtor's receipt of a notice of Default from the Senior Creditor; provided, however, that the Termination Date shall not occur if the Debtor has cured such Default within the five calendar-day period provided for herein. If the Termination Date shall occur, (A) The Senior Creditor shall be relieved of its obligation, if any, to make any advances with respect to the Postpetition Loan; (B) the Postpetition Loan shall be immediately due and payable; (C) the Senior Creditor shall have all rights and remedies referred to in the Existing Loan Documents (but the exercise of such rights and remedies shall be subject to the automatic stay of Bankruptcy Code section 362(a)); and (D) the Debtor, the Sub-Debtors and the Non-Debtor Subsidiaries shall continue to comply with the terms of section 4 hereof with respect to Cash Collateral until and unless the Court enters an order to the contrary. Occurrence of the Termination Date shall not affect or diminish any rights of the Senior Creditor hereunder or granted to the Senior Creditor pursuant to the Authorizing Order.
Sample 1

Related to Termination Date; Effect of Termination

  • Termination Effect of Termination 33 9.1 TERMINATION.................................................33 9.2

  • Notice of Termination; Effect of Termination Any proper termination of this Agreement under Section 7.1 will be effective immediately upon the delivery of written notice of the terminating party to the other parties hereto. In the event of the termination of this Agreement as provided in Section 7.1, this Agreement shall be of no further force or effect, except (i) as set forth in this Section 7.2, Section 7.3 and Article 8, each of which shall survive the termination of this Agreement, and (ii) nothing herein shall relieve any party from liability for any willful breach of this Agreement. No termination of this Agreement shall affect the obligations of the parties contained in the Confidentiality Agreement, all of which obligations shall survive termination of this Agreement in accordance with their terms.

  • Effect of Termination; Termination Fee (a) In the event of the termination and abandonment of this Agreement pursuant to Section 10.1, the Agreement shall terminate and have no effect, except as otherwise provided herein and except that the provisions of this Section 10.2, Section 10.5 and Article 11 of this Agreement shall survive any such termination and abandonment.

  • Notice; Effective Date of Termination (a) Termination of Executive’s employment pursuant to this Agreement shall be effective on the earliest of:

  • Effect of Termination for Cause If Employee's employment is terminated "For Cause":

  • Termination and Effect of Termination This Agreement shall terminate upon the date on which no Holder holds any Registrable Securities, except for the provisions of Sections 3.9 and 3.10, which shall survive any such termination. No termination under this Agreement shall relieve any Person of liability for breach or Registration Expenses incurred prior to termination. In the event this Agreement is terminated, each Person entitled to indemnification rights pursuant to Section 3.9 hereof shall retain such indemnification rights with respect to any matter that (i) may be an indemnified liability thereunder and (ii) occurred prior to such termination.

  • Effect of Termination Upon any expiration of the Term or termination of this Agreement, the obligations and rights of the parties hereto shall cease, provided that such expiration or termination of this Agreement shall not relieve the parties of any obligation or breach of this Agreement accruing prior to such expiration or termination, including, without limitation, all accrued payment obligations arising under Article 6. In addition, Article 5, Article 7, Section 2.12, Section 4.5, and this Section 4.6 shall survive the expiration or termination of this Agreement. For the avoidance of doubt, the rights of Registry Operator to operate the registry for the TLD shall immediately cease upon any expiration of the Term or termination of this Agreement.

  • ARTICLE IX TERMINATION 37 9.01. Termination..........................................................................37 9.02.

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