Termination of Investment Period Sample Clauses

Termination of Investment Period. (a) The Investment Period shall be terminated (i) if the General Partner is notified at any time on or after the one-year anniversary of the Closing Date of the written election of UST to terminate the Investment Period, (ii) if at any time on or after the eighteen (18) month anniversary of the Closing Date the General Partner delivers a sworn officer’s certificate to the Limited Partners that it has determined in good faith that (A) there have been permanent changes in the market for Eligible Assets and (B) such permanent changes are such that it is no longer in the best interests of the Partners for the Partnership to continue to acquire Eligible Assets or (iii) if UST becomes a Defaulting Partner, upon written notice from the General Partner to UST stating that it has elected to terminate the Investment Period. (b) Following the expiration or termination of the Investment Period, the General Partner shall promptly (i) refund to the Partners any amounts remaining in the Working Capital Reserve and (ii) distribute any amounts retained pursuant to Section 3.4(f), unless the amounts provided for in clauses (i) and (ii) are required (A) to create reasonable reserves for Partnership Expenses (provided that such reserves for Partnership Expenses shall not exceed 0.10% of aggregate Capital Commitments without the prior written consent of UST, which consent shall not unreasonably be withheld), (B) with the prior written consent of UST, to create reasonable reserves for repayment of Partnership Indebtedness, (C) to pay Partnership Expenses accrued and outstanding as of the date of such expiration or termination of the Investment Period or (D) to complete any proposed Investment with respect to which the Partnership (or the General Partner or one or more of its Affiliates, on behalf of the Partnership) has entered into a legally binding obligation to acquire such Investment prior to the expiration or termination of the Investment Period so long as such Investment is consummated within sixty (60) calendar days following the expiration or termination of the Investment Period; provided that the General Partner shall promptly refund any unused amounts retained pursuant to this clause (D) following the expiration of such sixty (60) calendar day period.
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Termination of Investment Period. The General Partner may at any time terminate the Investment Period if: in the General Partner’s reasonable opinion acting in good faith it believes: (i) that it is impracticable, including but not limited to, due to changes in applicable law or regulations or in business conditions, for the General Partner to continue the business of seeking out and making the Investments on behalf of the Partnership; or (ii) the investment objective of the Partnership has been largely achieved at the date of such termination. In the event the General Partner exercises its rights under this clause 3.6 it shall as soon as reasonably possible serve notice on all Partners informing them of the proposed termination of the Investment Period together with an explanation of its grounds for declaring such termination.
Sample 1
Termination of Investment Period. Notwithstanding any other provisions of this Agreement to the contrary, in the event that the Partnership and any Parallel Partnership shall have been required at least twice pursuant to Section 4.4 (and the corresponding section of the partnership agreement of any Parallel Partnership) to indemnify an Indemnitee, and an indemnitee as defined in the partnership agreement of any Parallel Partnership, in the amount of more than One Million Dollars ($1,000,000) (each such occurrence an “Indemnification Incident”), then the General Partner shall provide the Limited Partners with written notice within ten (10) days of the occurrence of the second and any subsequent Indemnification Incident (the “Election Notice”) and a Majority in Interest of the Limited Partners may, within sixty (60) days of receipt of an Election Notice, vote to terminate the Investment Period. Upon the termination of the Investment Period, the obligations of the Partners to make additional Capital Contributions to the Partnership in respect of their Committed Capital Contributions amounts shall terminate, except as provided in Section 3.1A.(2), clauses (ii) – (iv) to the extent the funding requirements set forth therein represent binding legal obligations of the Partnership as of the date the Investment Period has been terminated.
Sample 1

Related to Termination of Investment Period

  • Termination of Investment The obligation of the Investor to make an Advance to the Company pursuant to this Agreement shall terminate permanently (including with respect to an Advance Date that has not yet occurred) in the event that (i) there shall occur any stop order or suspension of the effectiveness of the Registration Statement for an aggregate of fifty (50) Trading Days, other than due to the acts of the Investor, during the Commitment Period, and (ii) the Company shall at any time fail materially to comply with the requirements of Article VI and such failure is not cured within thirty (30) days after receipt of written notice from the Investor, provided, however, that this termination provision shall not apply to any period commencing upon the filing of a post-effective amendment to such Registration Statement and ending upon the date on which such post effective amendment is declared effective by the SEC.

  • Promotion of Investment Member States shall cooperate in increasing awareness of ASEAN as an integrated investment area in order to increase foreign investment into ASEAN and intra-ASEAN investments through, among others: (a) encouraging the growth and development of ASEAN small and medium enterprises and multinational enterprises; (b) enhancing industrial complementation and production networks among multi-national enterprises in ASEAN; (c) organising investment missions that focus on developing regional clusters and production networks; (d) organising and supporting the organisation of various briefings and seminars on investment opportunities and on investment laws, regulations and policies; and (e) conducting exchanges on other issues of mutual concern relating to investment promotion.

  • Promotion of Investments 1. Each Contracting Party shall promote investments in its territory by investors of the other Contracting Party and shall accept such investments in accordance with its legislation. 2. In particular, each Contracting Party shall authorize the conclusion and the fulfilment of licence contracts and commercial, administrative or technical assistance agreements, as far as these activities are in connection with such investments.

  • Protection of Investments 1. All investments made by investors of either Contracting Party shall enjoy, in the territory of the other contracting party fair and equitable treatment. 2. Subject to the measures necessary for the maintenance of public order, such investments will enjoy a constant protection and security, excluding any unjustified or discriminatory measure which could adversely affect, in law or in fact, management, maintenance, use, enjoyment or disposal of such investments.

  • Extension of Initial Contract Period 31.1 Subject to clause 13 (Price Adjustment on Extension of the Initial Contract Period), the Authority may, by giving written notice to the Contractor not less than three (3) Month(s) prior to the last day of the Initial Contract Period, extend the Contract for such further period as may be specified in the notice. The provisions of the Contract will apply (subject to any Variation or adjustment to the Contract Price pursuant to clause 13) throughout any such extended period.

  • Early Termination of the Employment Period Notwithstanding Section 1(b) hereof, the Employment Period shall end upon the earliest to occur of (i) a Termination For Cause, (ii) a Termination Without Cause, (iii) a Voluntary Termination, (iv) a Termination Due to Retirement, (v) a Termination Due to Disability, or (vi) a Termination Due to Death.

  • Termination Date, Etc “Termination Date” shall mean in the case of the Executive’s death, his date of death, or in all other cases, the date specified in the Notice of Termination subject to the following:

  • Commitment Termination Date the earliest to occur of (a) the Revolver Termination Date; (b) the date on which Borrowers terminate the Revolver Commitments pursuant to Section 2.1.4; or (c) the date on which the Revolver Commitments are terminated pursuant to Section 11.2.

  • Registration of Investments Domestic investments held by the Custodian (other than bearer securities) shall be registered in the name of the Fund or in the name of any nominee of the Fund or of any nominee of the Custodian which nominee shall be assigned exclusively to the Fund, unless the Fund has authorized in writing the appointment of a nominee to be used in common with other registered investment companies having the same investment adviser as the Fund, or in the name or nominee name of any agent appointed pursuant to Section 2.8 or in the name or nominee name of any sub- custodian appointed pursuant to Section 1. All securities accepted by the Custodian on behalf of the Fund under the terms of this Agreement shall be in good deliverable form. If, however, the Fund directs the Custodian to maintain securities in “street name”, the Custodian shall utilize its best efforts only to timely collect income due the Fund on such securities and to notify the Fund of relevant corporate actions including, without limitation, pendency of calls, maturities, tender or exchange offers.

  • Termination Period This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall be exercisable for twelve (12) months after Participant ceases to be a Service Provider. Notwithstanding the foregoing sentence, in no event may this Option be exercised after the Term/Expiration Date as provided above and this Option may be subject to earlier termination as provided in Section 13 of the Plan.

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