TERMINATION OF EXTENSION Sample Clauses

TERMINATION OF EXTENSION. If any one or more of the Extension Conditions is not satisfied, then (i) Lender's agreement to extend the maturity of the Obligations shall at Lender's election, but without further notice to or demand upon Obligors, terminate, (ii) all of the Obligations shall be immediately due and payable without any further notice to or demand upon Obligors, all of which notice and demand each Obligor hereby waives, and (iii) Lender shall thereupon have and may exercise from time to time all of the remedies available to it under the Loan Documents and Applicable Law as a consequence of an Event of Default. On and after the Termination Date, all of the Obligations shall be immediately due and payable and Lender shall be authorized, at any time and without further notice to or demand upon Obligors or any other Person, to enforce all of its remedies under the Loan Documents and Applicable Law.
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TERMINATION OF EXTENSION. After December 31, 2025, this Agreement may be terminated by either party if the other party commits a Material Breach (or series of breaches that together constitute a Material Breach of this Agreement) of any representation, warranty or covenant under this Agreement made by the other party, which breach is not cured within sixty (60) days following the breaching party’s receipt of written notice of such breach; provided, that if such breach is not reasonably susceptible to cure within such sixty (60) day period and the breaching party commences its cure of such breach within sixty (60) days of receiving notice thereof, then the breaching party shall have a period of up to one hundred eighty (180) days to cure such breach, but only for so long as the breaching party is diligently pursuing such cure and provides any evidence of its efforts and progress in connection with such cure as may be reasonably requested by the non-breaching party. For the avoidance of doubt, any right to terminate this Agreement pursuant to this Section 9.2(a) shall be in addition to, and shall not be construed to limit, any party’s rights to terminate this Agreement under any other provision of this Section 9.2.
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TERMINATION OF EXTENSION. 3.1 The amendment set forth in Section 1.1 of this Agreement shall be ineffective and void ab initio upon the occurrence of a Termination Event (it being understood that the other provisions of this Agreement shall remain in effect) and, upon such occurrence, the holders of Notes shall be entitled to exercise all rights and remedies to which they would be entitled if such amendment had never been made. A “
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TERMINATION OF EXTENSION. 4.1 The replacement of “October 18, 2019” by “November 18, 2019” effected by Sections 1.1 and 2.1 of this Agreement shall be ineffective and void ab initio upon the occurrence of a Termination Event (it being understood that the other provisions of this Agreement shall remain in effect) and, upon such occurrence, the holders of Notes shall be entitled to exercise all rights and remedies to which they would be entitled if such replacement had never been made. A “
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TERMINATION OF EXTENSION. If any one or more of the Extension Conditions is not satisfied, then (i) Lender's agreement to extend the maturity of the Obligations shall at Lender's election, but without further notice to or demand upon Obligors, terminate, (ii) all of the Obligations shall be immediately due and payable without any further notice to or demand upon Obligors, all of which notice and demand each Obligor hereby waives, (iii) all Cash Collateral and other Collections in the possession of Borrower shall be immediately remitted by Borrower to Lender, and (iv) Lender shall thereupon have and may exercise from time to time all of the remedies available to it under the Loan Documents and Applicable Law as a consequence of an Event of Default. On and after the Termination Date, all of the Obligations shall be immediately due and payable and Lender shall be authorized, at any time and without further notice to or demand upon Obligors or any other Person, to enforce all of its remedies under the Loan Documents and Applicable Law.
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Related to TERMINATION OF EXTENSION

  • Extension of Expiration Date If the Company fails to cause any Registration Statement covering Registrable Securities (unless otherwise defined herein, capitalized terms are as defined in the Registration Rights Agreement relating to the Warrant Shares (the "Registration Rights Agreement")) to be declared effective prior to the applicable dates set forth therein, or if any of the events specified in Section 2(c)(ii) of the Registration Rights Agreement occurs, and the Blackout Period (whether alone, or in combination with any other Blackout Period) continues for more than 60 days in any 12 month period, or for more than a total of 90 days, then the Expiration Date of this Warrant shall be extended one day for each day beyond the 60-day or 90-day limits, as the case may be, that the Blackout Period continues.

  • EXPIRATION OF EMPLOYMENT TERM; NON-EXTENSION OF AGREEMENT Upon the expiration of the Employment Term due to a non-extension of the Agreement by the Company or the Employee pursuant to the provisions of Section 2 hereof.

  • Term; Termination of Agreement This Agreement shall continue in force for a period of one year from the date hereof, subject to an unlimited number of successive one-year renewals upon mutual consent of the parties. It is the duty of the Independent Directors to evaluate the performance of the Advisor annually before renewing the Agreement, and each such renewal shall be for a term of no more than one year.

  • Termination of 401(k) Plan The Company agrees to terminate its 401(k) plan immediately prior to the Closing, unless Parent, in its sole and absolute discretion, agrees to sponsor and maintain such plan by providing the Company with notice of such election at least five days before the Effective Time.

  • Termination of Exclusivity Section 10.2 (Exclusivity in Michigan) of this Agreement shall terminate upon any termination of the Agreements, notwithstanding any breach of the Agreements by the Band.

  • Extension of the Termination Date (a) During the period from July 1, 2022 until the date that is 30 days prior to the then-applicable Termination Date, the Borrower may request by written notice (an “Extension Request”) made to the Administrative Agent (which shall promptly notify the Lenders thereof) one-year extensions of the Termination Date applicable to each Lender. Each Lender shall notify the Administrative Agent by the date that is 30 days after the Administrative Agent provides the Lenders with written notice of the Borrower’s extension request that either (A) such Lender declines to consent to extending the Termination Date or (B) such Lender consents to extending the Termination Date. Any Lender not responding within the above time period shall be deemed to have declined to extend the Termination Date. The consent of a Lender to any such extension shall be in the sole discretion of such Lender. The Administrative Agent shall, after receiving the notifications from all of the Lenders or the expiration of such period, whichever is earlier, notify the Borrower and the Lenders of the results thereof. For the avoidance of doubt and subject to the terms and conditions set forth herein, the Borrower may request an unlimited number of extensions pursuant to this Section.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • Termination of the Lease In terminating the Lease, the following procedures shall be followed by the Authority and Tenant:

  • Extension of Facility Termination Date The Seller may advise any Managing Agent in writing of its desire to extend the Facility Termination Date for an additional period not exceeding 364 days, provided such request is made not more than 90 days prior to, and not less than 60 days prior to, the then current Facility Termination Date. Each Managing Agent so advised by the Seller shall promptly notify each Committed Purchaser in its related Purchaser Group of any such request and each such Committed Purchaser shall notify its related Managing Agent, the Collateral Agent and the Seller of its decision to accept or decline the request for such extension no later than 30 days prior to the then current Facility Termination Date (it being understood that each Committed Purchaser may accept or decline such request in its sole discretion and on such terms as it may elect, and the failure to so notify its Managing Agent, the Collateral Agent and the Seller shall be deemed an election not to extend by such Committed Purchaser). In the event that at least one Committed Purchaser agrees to extend the Facility Termination Date, the Seller Parties, the Collateral Agent, the extending Committed Purchasers and the applicable Managing Agent or Managing Agents shall enter into such documents as such extending Committed Purchasers may deem necessary or appropriate to reflect such extension, and all reasonable costs and expenses incurred by such Committed Purchasers, the Managing Agents and the Collateral Agent (including reasonable attorneys’ fees) shall be paid by the Seller. In the event that any Committed Purchaser (a) declines the request to extend the Facility Termination Date or (b) is in a Purchaser Group with respect to which the Seller did not seek an extension of the Facility Termination Date (each such Committed Purchaser being referred to herein as a “Non-Renewing Committed Purchaser”), and, in the case of a Non-Renewing Committed Purchaser described in clause (a), the Commitment of such Non-Renewing Committed Purchaser is not assigned to another Person in accordance with the terms of this Article XI prior to the then current Facility Termination Date, the Purchase Limit shall be reduced by an amount equal to each such Non-Renewing Committed Purchaser’s Commitment on the then current Facility Termination Date.

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