Termination of Obligation. The Company shall not be required to file a registration statement or to keep a registration statement effective if the Option Shares could be publicly sold without registration under the Securities Act.
Termination of Obligation. Upon the deposit of moneys with the Escrow Agent pursuant to the provisions of Section 1 hereof, all obligations of the District with respect to the Refunded Bonds shall cease and terminate, except only the obligation to make payments therefor from the moneys provided for hereunder.
Termination of Obligation. The obligation of Bank to issue Letters of Credit or Letter of Credit Guaranties under this Section 2.2. shall terminate thirty (30) days prior to the Revolving Credit Termination Date or any renewal thereof.
Termination of Obligation. The service and repayment obligations of the Student to the Sponsor under this Agreement may be terminated under the following circumstances:
(a) Completion of the service obligation under the Nursing Student Scholarship Program.
(b) Death of the Student or former Student.
(c) Onset of permanent physical disability of the Student that renders the Student unable to satisfy the obligation.
(d) Student fails to satisfy graduation requirements of the School of Nursing despite making the best effort to do so. Best effort is determined by the Director (or equivalent) of the respective School of Nursing.
(e) Student fails to satisfy all requirements for a permanent license to practice nursing in Kansas or is subsequently denied the license, after three consecutive attempts, despite best efforts on behalf of the student to procure licensure.
(f) The Sponsor cannot or will not employ the Student due to the Sponsor's bankruptcy, loss of licensure or certification, or failure of Sponsor operations.
(g) The student does not meet mandatory or minimum requirements for employment and is not hired by the sponsor.
Termination of Obligation the Escrow Account will terminate on March 31, 2026, unless it is terminated sooner by the completion of the development activities. Any balance of the Escrow Account Funds after completion of the Improvements or after return of the deposits when requested shall be released to Senior Solutions Ltd to assure the appropriate completion of the Community. The Developer shall not be responsible to pay for Improvements costing more than the funds available in the Escrow Account.
Termination of Obligation. As provided in the Prior Indenture, upon deposit of moneys with the Escrow Bank in the Escrow Fund as set forth in Section 1 hereof and the purchase of the various Federal Securities as provided in Section 2 hereof, the owners of the Prior Bonds shall cease to be entitled to the pledge of and lien on the Revenues as provided in the Prior Indenture, and all agreements and covenants of the Former Agency and the Trustee under the Prior Indenture shall cease, terminate and become void and shall be discharged and satisfied, except as set forth in the Prior Indenture.
Termination of Obligation. Until the Lessee shall have made the payments specified in Section 9(c) or 9(d), the Lessee shall make all payments of Rent when due; and the Lessee shall thereafter be required to make all payments of Supplemental Rent as and when due. In the event that the Lessee shall assume all the obligations and liabilities of the Owner Trustee under the Indenture and the Notes pursuant to Section 3.9(b) of the Indenture, upon receipt by the Owner Participant under Section 5.2 of the Indenture of the payments specified in Section 9(c) or 9(d) and payment by the Lessee of all other Rent due and owing through and including the date of payment (including Basic Rent due on or accrued through such date, as the case may be), the Lease Term shall end and the Lessee's obligation to pay further Basic Rent shall cease.
Termination of Obligation. As provided in the District Indenture, upon deposit of moneys with the Escrow Agent in the Escrow Fund as set forth in Section 1 hereof, all obligations of the District under the District Indenture with respect to the Refunded District Bonds shall cease, terminate and be completely discharged except as set forth in the District Indenture. The Authority agrees that upon the defeasance and redemption of the Refunded District Bonds, the Refunded Authority Bonds shall be simultaneously defeased and the obligations of the Authority relating thereto released.
Termination of Obligation. The obligations of the Parties with respect to Confidential Information set forth in this Section 10.7 will remain in effect for a period of three (3) years from the Initial Delivery Date.
Termination of Obligation. The obligations of the Seller under this Article shall cease and terminate upon the delivery of the Vessel and acceptance thereof by Purchaser.
