We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Termination of Article Sample Clauses

Termination of Article. The provisions of this Article 5 shall be of no further force or effect upon the consummation of the Company’s Initial Public Offering.
Termination of Article. Either side shall have the right, upon thirty days written notice, but not earlier than August 30, 1999, to terminate the Article. Either side, from and after any such termination, may reopen this Agreement, upon written notice to the other, on the issue of a complaint procedure. During the aforementioned thirty day notice period, upon written request by either side, the parties shall meet to discuss the termination.
Termination of Article. All rights and obligations of the parties under this Article II shall terminate upon the earlier of (a) 10:00 a.m. New York time on the tenth anniversary of the IPO Closing and (b) the termination of this Agreement in accordance with Section 4.01.
Termination of Article. XII - Seller may terminate its obligations pursuant to this Article XII: 12.8.1 If after the effective date of this Article XII, the requirements of the WECC Reliability Criteria Agreement applicable to the Seller are amended so as to adversely affect the Seller, provided that the Seller gives fifteen (15) days’ notice of such termination to Idaho Power and WECC within forty-five (45) days of the date of issuance of a FERC order accepting such amendment for filing, provided further that the forty-five (45) day period within which notice of termination is required may be extended by the Seller for an additional forty-five (45) days if the Seller gives written notice to Idaho Power of such requested extension within the initial forty-five (45) day period; or 12.8.2 For any reason on one year’s written notice to Idaho Power and the WECC.
Termination of Article. 5 The Company's obligations set forth in this Article of the contract shall terminate automatically in the event of any strike (including sympathy strike), sit-down, slowdown, stoppage of work, or picketing of the Company's plant or premises by the employees of the Company; provided, however, that said obligations shall not terminate if the Union has complied with the provisions of Article 24 of this Agreement.
Termination of Article. (a) If the Board of Directors shall approve (i) a tender offer for a majority of the outstanding capital stock of the Company; (ii) the liquidation of the Company or sale of all or substantially all of the assets of the Company to any Person; (iii) a merger or consolidation of the Company with any Person pursuant to which holders of the voting securities of the Company outstanding immediately prior to the consummation of such transaction receive securities entitling the holders thereof to cast less than a majority of the votes entitled to be cast for election of the board of directors or similar body of the Person surviving such merger or resulting from such consolidation; or (iv) the issuance or sale to any Person or Group of any Voting Capital Stock entitling such Person or Group to cast a majority of the votes for the election of directors to the Board of Directors generally; then DB may, by written notice to the Company, terminate the provisions of Sections 2.5, 3.1, 3.4, 3.5, 4.1, 4.2 and 4.3 hereof, whereupon such provisions and the provisions of Sections 2.1 and 2.2 hereof shall be null and void and shall have no further force or effect. (b) If (i) the Company shall have willfully violated the provisions of Section 2.1(a) hereof, including without limitation by the sale of Voting Capital Stock or Common Stock Equivalents to an Existing Holder then acting as a member of a Group or otherwise in concert with any Person to which the Company would not otherwise have been permitted to sell such securities pursuant to Section 2.1 hereof; and (ii) DB shall have delivered to the Company written notice specifying in detail the matter constituting such breach and such action as may be reasonably requested by DB to effect its cure, and such breach shall not have been cured by the Company or waived in writing by DB within ninety (90) days following the delivery of such notice, then DB may, by written notice to the Company, terminate the provisions of Sections 4.1, 4.2 and 4.3 hereof, whereupon such provisions shall be null and void and shall have no further force or effect. (c) This Article IV shall automatically terminate (i) upon the commencement of a tender offer by DB or any Affiliate of DB that includes as a condition thereof (which condition may not be waived by DB or such Affiliate) that upon consummation of such offer DB or such Affiliate shall own, directly or indirectly, not less than eighty-one percent (81%) of the Voting Capital Stock of the Company ...
Termination of Article. 36. The parties acknowledge and agree that Article 36 of the Lease Agreement entitled "Option to Terminate Early" shall be and hereby is terminated and shall be deemed null and void and of no further force and effect.
Termination of Article. 13. Seller may terminate its obligations pursuant to this Article 13: 13.8.1 If after the effective date of this Article 13, the requirements of the WECC Reliability Criteria Agreement applicable to the Seller are amended so as to adversely affect the Seller, provided that the Seller gives fifteen (15) days notice of such termination to Buyer and WECC within forty-five (45) days of the date of issuance of a Commission order accepting such amendment for filing, provided further that the forty-five (45) day period within which notice of termination is required may be extended by the Seller for an additional forty-five (45) days if the Seller gives written notice to Buyer of such requested extension within the initial forty-five (45) day period; or 13.8.2 For any reason on one (1) year’s written notice to Buyer and the WECC.

Related to Termination of Article

  • Application of Article This Article is intended only as a basis of calculating overtime payments, and nothing in this Agreement shall be construed as a guarantee of hours of work per day, week, tour of duty, work period or year.

  • Applicability of Article Securities of any series which are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 301 for such Securities) in accordance with this Article.

  • Applicability of Article; Company’s Option to Effect Defeasance or Covenant Defeasance If, pursuant to Section 3.1, provision is made for either or both of (a) Defeasance of the Securities of a series under Section 13.2 or (b) Covenant Defeasance of the Securities of a series under Section 13.3, then the provisions of such Section or Sections, as the case may be, together with the other provisions of this Article XIII, shall be applicable to the Securities of such series, and the Company may at its option by Board Resolution or in any other manner specified as contemplated by Section 3.1, at any time, with respect to the Securities of such series, elect to have either Section 13.2 (if applicable) or Section 13.3 (if applicable) be applied to the Outstanding Securities of such series upon compliance with the conditions set forth below in this Article XIII.

  • Applicability of This Article Redemption of Securities of any series (whether by operation of a sinking fund or otherwise) as permitted or required by any form of Security issued pursuant to this Indenture shall be made in accordance with such form of Security and this Article; provided, however, that if any provision of any such form of Security shall conflict with any provision of this Article, the provision of such form of Security shall govern.

  • Titles of Articles, Sections and Subsections All titles or headings to articles, sections, subsections or other divisions of this Agreement and the other Loan Documents or the exhibits hereto and thereto are only for the convenience of the parties and shall not be construed to have any effect or meaning with respect to the other content of such articles, sections, subsections or other divisions, such other content being controlling as to the agreement between the parties hereto.

  • Titles of Articles and Sections Any titles of the several parts, Articles, and Sections of this Agreement are inserted for convenience of reference only and shall be disregarded in construing or interpreting any of its provisions.

  • Repayment of Securities Securities of any series subject to repayment in whole or in part at the option of the Holders thereof will, unless otherwise provided in the terms of such Securities, be repaid at a price equal to the principal amount thereof, together with interest (if any) thereon accrued to the Repayment Date specified in or pursuant to the terms of such Securities. The Company covenants that, with respect to such Securities, on or before the Repayment Date it will deposit with a Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 10.03) an amount of money in the Currency in which the Securities of such series are payable (except as otherwise specified pursuant to Section 3.01 for the Securities of such series and except, if applicable, as provided in Sections 3.12(b), 3.12(d) and 3.12(e)) sufficient to pay the principal (or, if so provided by the terms of the Securities of any series, a percentage of the principal) of and (except if the Repayment Date shall be an Interest Payment Date) accrued interest (if any) on, all the Securities or portions thereof, as the case may be, to be repaid on such date.

  • REPAYMENT AT THE OPTION OF HOLDERS Section 13.1 Applicability of Article. Securities of any series which are repayable at the option of the Holders thereof before their Stated Maturity shall be repaid in accordance with the terms of the Securities of such series. The repayment of any principal amount of Securities pursuant to such option of the Holder to require repayment of Securities before their Stated Maturity, for purposes of Section 3.9, shall not operate as a payment, redemption or satisfaction of the Indebtedness represented by such Securities unless and until the Company, at its option, shall deliver or surrender the same to the Trustee with a directive that such Securities be cancelled. Notwithstanding anything to the contrary contained in this Section 13.1, in connection with any repayment of Securities, the Company may arrange for the purchase of any Securities by an agreement with one or more investment bankers or other purchasers to purchase such Securities by paying to the Holders of such Securities on or before the close of business on the repayment date an amount not less than the repayment price payable by the Company on repayment of such Securities, and the obligation of the Company to pay the repayment price of such Securities shall be satisfied and discharged to the extent such payment is so paid by such purchasers.

  • Issuer’s Option to Effect Defeasance or Covenant Defeasance The Issuer may, at its option and at any time prior to the Stated Maturity of the Notes, by a resolution of its Board of Directors, elect to have either Section 8.02 or Section 8.03 be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight.

  • Agreement to Subordinate The Company agrees, and each Holder by accepting a Note agrees, that the Indebtedness evidenced by the Notes is subordinated in right of payment, to the extent and in the manner provided in this Article 10, to the prior payment in full of all Senior Debt (whether outstanding on the date hereof or hereafter created, incurred, assumed or guaranteed), and that the subordination is for the benefit of the holders of Senior Debt.