Termination of Head Lease Sample Clauses

Termination of Head Lease. In the event that the Head Lease shall ------------------------- have terminated in circumstances where the U.K. Lessor is obliged to conclude the sale of the Vessel or its rights under the Conditional Sale Agreement, the parties shall have no obligation under Article 18(c), and any proceeds from such sale to which the Owner is entitled shall be applied against the obligations of the Charterer in respect of the payment of Termination Value under Article 14 or 23(b), as applicable.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Termination of Head Lease. Notwithstanding the provisions of Section 4A herein, if any item of equipment is the subject of a Head Lease and if for any reason such Head Lease is terminated, then at the option of BC Transit, this Lease Agreement shall terminate with respect to such item of equipment.
Sample 1Sample 2Sample 3See All (4)
Termination of Head Lease. (a) The Parties acknowledge that, under HDB’s Terms of Approval of Subletting, HDB may revoke its subletting approval for this Sublease Agreement upon giving Landlord three (3) months’ written notice without being liable for any inconvenience, loss damages, compensation, costs or expenses whatsoever.
Sample 1Sample 2Sample 3
Termination of Head Lease. This Sublease is subject and subordinate to the Head Lease, its remaining term, and any provisions of the Head Lease which may contemplate or otherwise permit a termination prior to the expiration of the term of either the Head Lease or the Sublease including, without restriction, termination as a result of substantial damage to or destruction of the Subleased Premises, the Leased Premises, and the Lands. The Tenant acknowledges having received a complete copy of the Head Lease from the HRRA.
Sample 1Sample 2
Termination of Head Lease. The Head Lease is terminated.
Sample 1Sample 2
Termination of Head Lease. The parties ACKNOWLEDGE that:
Sample 1
Termination of Head Lease. (a) The Parties acknowledge that, under HDB’s Terms of Approval of Subletting, HDB may revoke its subletting approval for this Sublease Agreement upon giving
Sample 1
AutoNDA by SimpleDocs
Termination of Head Lease. The Grantor Trustee shall notify the Indenture Trustee in writing at least 5 days before exercising its option to purchase the Undivided Interest pursuant to Section 10.2 of the Head Lease. With such notice the Grantor Trustee shall deliver to the Indenture Trustee:
Sample 1
Termination of Head Lease. Subject to the provisions of this Sublease, the Subtenant acknowledges and agrees that it has no greater interest in the Sublet Premises than the Sublandlord under the Head Lease.
Sample 1

Related to Termination of Head Lease

  • 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.

  • Term and Termination of Agreement 1. This Agreement shall run for a period of one (1) year from the date first written above and will be renewed from year to year thereafter unless terminated by either party as provided hereunder.

  • 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.

Time is Money Join Law Insider Premium to draft better contracts faster.