Termination of Swap Agreement Sample Clauses

Termination of Swap Agreement. Upon the occurrence of an “Event of Default” under Section 5(a)(vii) (Bankruptcy) of the Swap Agreement (which, for the avoidance of doubt, shall be the Original Swap Agreement if no AR Automatic Novation Event has occurred and the AR Swap Agreement if an AR Automatic Novation Event has occurred) in respect of the Swap Counterparty (which, for the avoidance of doubt, shall be the Swap Counterparty if no AR Automatic Novation Event has occurred and the Authorised Representative if an AR Automatic Novation Event has occurred):
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Termination of Swap Agreement. Upon termination of the Forbearance Covenant (as defined below), the existing interest rate swap agreement between Obligor and Lender shall terminate, and Obligor shall be liable for and promptly pay any fees due arising upon said termination.
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Termination of Swap Agreement. Notwithstanding any provision in the Swap Agreement or Underlying Transactions to the contrary, the Swap Agreement and the Underlying Transactions are hereby cancelled and terminated by the parties, and neither party shall have any right or obligation with respect to the Swap Agreement or the Underlying Transactions except as provided herein.
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Termination of Swap Agreement. Upon the occurrence of an Event of Default under Section 5(a)(vii) (Bankruptcy) of the Swap Agreement in respect of the Swap Counterparty:
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Termination of Swap Agreement an Early Termination Date (as defined in any of the Swap Agreements) has occurred or has been effectively designated and any Borrower is the Defaulting Party or the Affected Party (as such terms are defined in any of the Swap Agreements) or any Swap Agreement is terminated, suspended, rescinded or revoked or otherwise ceases to remain in full force and effect (other than in accordance with its terms).
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Termination of Swap Agreement. Any Swap Agreement shall terminate or be assigned by the Bank to a new counterparty at the option of the Borrower if the Letter of Credit is replaced, expires or is otherwise terminated.
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Related to Termination of Swap Agreement

  • 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 Servicer (a) If a Servicer Replacement Event shall have occurred and be continuing, the Indenture Trustee shall, at the direction of the Noteholders representing at least a majority of the Note Balance of the Controlling Class, by notice given to the Servicer, the Owner Trustee, the Issuer, the Administrator and the Noteholders, terminate the rights and obligations of the Servicer under this Agreement with respect to the Receivables. In the event the Servicer is removed or resigns as Servicer with respect to servicing the Receivables, the Indenture Trustee shall appoint a successor Servicer. Upon the Servicer’s receipt of notice of termination, such Servicer will continue to perform its functions as Servicer under this Agreement only until the date specified in such termination notice or, if no such date is specified in such termination notice, until receipt of such notice. If a successor Servicer has not been appointed at the time when the outgoing Servicer ceases to act as Servicer in accordance with this Section, the Indenture Trustee without further action will automatically be appointed the successor Servicer. Notwithstanding the above, the Indenture Trustee, if it is legally unable or is unwilling to so act, will appoint, or petition a court of competent jurisdiction to appoint a successor Servicer. Any successor Servicer shall be an established institution having a net worth of not less than $100,000,000 and whose regular business includes the servicing of comparable motor vehicle receivables having an aggregate outstanding principal amount of not less than $50,000,000.

  • Termination of Supplement This Supplement shall cease to be of further effect when all outstanding Series 2023-3 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 2023-3 Notes which have been replaced or paid) to the Trustee for cancellation, ABRCF has paid all sums payable hereunder, and, if the Series 2023-3 Demand Note Payment Amount on the Multi-Series Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series 2023-3 Cash Collateral Account in accordance with Section 2.8(i).

  • Termination of Agreements (a) Except as set forth in Section 2.7(b), in furtherance of the releases and other provisions of Section 4.1, SpinCo and each member of the SpinCo Group, on the one hand, and Parent and each member of the Parent Group, on the other hand, hereby terminate any and all agreements, arrangements, commitments or understandings, whether or not in writing, between or among SpinCo and/or any member of the SpinCo Group, on the one hand, and Parent and/or any member of the Parent Group, on the other hand, effective as of the Effective Time. No such terminated agreement, arrangement, commitment or understanding (including any provision thereof which purports to survive termination) shall be of any further force or effect after the Effective Time. Each Party shall, at the reasonable request of the other Party, take, or cause to be taken, such other actions as may be necessary to effect the foregoing.

  • Termination of Management Agreement Evidence of the termination of any and all management agreements affecting the Property, effective as of the Closing Date, and duly executed by Seller and the property manager.

  • Early Termination of Agreement (a) The City and the Contractor, by mutual written agreement, may terminate this Agreement at any time.

  • Termination of Contract The Department may terminate the Contract for refusal by the Contractor to comply with this section by not allowing access to all public records, as defined in Chapter 119, F. S., made or received by the Contractor in conjunction with the Contract.

  • Termination of Obligations Termination of this Agreement pursuant to Section 10.1 hereof shall terminate all obligations of the parties hereunder, except for the obligations under Article IX, Article X, and Sections 11.4, 11.7, 11.14, 11.15 and 11.16 hereof; provided, however, that termination pursuant to paragraphs (b) or (c) of Section 10.1 shall not relieve the defaulting or breaching party or parties from any liability to the other parties hereto.

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