Termination of Administrative Services Agreement. Following any termination of the Administrative Services Agreement and without limiting the Ceding Company’s right under Section 8.3 to recapture the reinsurance ceded to the Reinsurer under this Agreement, the following shall apply until the Ceding Company so recaptures such reinsurance or all liabilities of the Ceding Company under all Covered Insurance Policies are terminated in accordance with the respective terms thereof, whichever occurs first:
Termination of Administrative Services Agreement. SPAC and Sponsor have terminated that certain Administrative Services Agreement between SPAC and APx Cap Sponsor Group I, LLC dated as of December 6, 2021 (the “Administrative Services Agreement”). As of the date hereof, Sponsor has forgiven and fully discharged all fees that are outstanding under the Administrative Services Agreement.
Termination of Administrative Services Agreement. The Stockholder agrees to take all necessary action to cause the Administrative Services Agreement dated as of May 7, 1997 between the Company and the Stockholder (the "Services Agreement") to be terminated effective immediately before the Effective Time (or such later time thereafter as may be requested by Parent, not to exceed one hundred eighty (180) days following the Effective Time) on terms that are reasonably satisfactory to Parent, which terms shall include that the Company shall have no continuing obligations under the such agreements following such termination and that the Stockholder shall not be entitled to receive any consideration in connection with such termination other than a termination fee, payable by the Company at the time of such termination, equal to the Services Fee (as defined in Section 3 of the Services Agreement) payable with respect to the period commencing on the date of such termination and ending on December 31, 1998. The Stockholder represents to Parent that a true and complete copy of such agreement has been delivered to Parent and that all amounts due to Stockholder from the Company thereunder up to and including January 1, 1998 have been paid in full. SAFEGUARD SCIENTIFICS, INC. By: /s/ Jaxxx X. Xxxxxxxxx ------------------------------------------ Name: Jaxxx X. Xxxxxxxxx Xitle: Senior Vice President, General Counsel and Secretary Accepted and Agreed to as of the date noted above: TELLABS, INC. By: /s/ Mixxxxx X. Xxxxx ------------------------------------------ Name: Mixxxxx X. Xxxxx Title: President and Chief Executive Officer
Termination of Administrative Services Agreement. (a) Following any termination of the Administrative Services Agreement during the term of this Agreement, the following shall apply:
Termination of Administrative Services Agreement. Each Class B Holder and JAWS hereby agree that effective as of the consummation of the Closing (and not before), the Administrative Services Agreement, dated as of December 2, 2020, by and between JAWS and the Sponsor, shall automatically terminate and be of no further force or effect, without any notice or other action by any Party.
Termination of Administrative Services Agreement. On or prior to the Closing Date, SPAC shall terminate, and Sponsor shall cause SC Management LLC (“SC Management”), an affiliate of Sponsor, to terminate, that certain Administrative Services Agreement between SPAC and SC Management dated as of June 22, 2021 (the “Administrative Services Agreement”). Sponsor shall cause SC Management to forgive and fully discharge all fees that are outstanding under the Administrative Services Agreement as of the Closing Date.
Termination of Administrative Services Agreement. A termination of the Administrative Services Agreement between Seller and Company dated January, 2008.
Termination of Administrative Services Agreement. Med-Search and Suncrest shall have terminated the Administrative Services Agreement dated July 1, 1993, by and between Med-Search and Suncrest.
Termination of Administrative Services Agreement. Following any termination of the Administrative Services Agreement pursuant to Section 8.2(b) or 8.2(c) thereof, unless such termination results from a recapture pursuant to Section 7.3 (and following such termination, this Agreement is no longer in effect), the following shall apply:
Termination of Administrative Services Agreement. Seller shall, prior to the effective time of Closing, terminate the Administrative Services Agreement, by and among TXU Business Services Company, Seller and the Company, dated as of August 11, 2000.
