Termination Prior to Expiration Date Sample Clauses

Termination Prior to Expiration Date. Either University or Merchant shall have the right to terminate this Agreement prior to expiration for any reason or no reason by providing no less than thirty (30) days written notice to the other party. A party terminating this Agreement pursuant to this Section shall have no responsibility or liability to the other party for any costs incurred as a result of the early termination of this Agreement; however, such a termination by either party shall not affect any right or remedy of either party under this Agreement that has matured or accrued at the time of termination.
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Termination Prior to Expiration Date. Anything herein to the ------------------------------------ contrary notwithstanding, this Warrant, and the rights of the Holder hereof, will terminate prior to the Expiration Date upon the termination of the Prudential Warrant pursuant to paragraph 5 of the Prudential Warrant.
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Termination Prior to Expiration Date. This Contract may be terminated by the District prior to the expiration date for a reason that is not arbitrary and capricious, including unsatisfactory performance or misconduct of the Assistant Superintendent or if the Assistant Superintendent violates any of the terms or covenants of this Contract. The Assistant Superintendent may terminate this Contract by giving written notice at least 30 days prior to the intended termination date.
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Termination Prior to Expiration Date. This Agreement may be terminated by either Party for any reason, prior to the expiration date, with ninety (90) days written notice to the other Party. The Parties agree that in the event of any termination, both Parties will work in good faith and cooperation to assist in transition agreements and planning so that the services included in this MOA continue to be covered to the benefit of the residents of the Nome community.
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Termination Prior to Expiration Date. The parties have entered into this Agreement in good faith, and they acknowledge their ethical and legal obligations to fulfill this Agreement. Therefore, this Agreement may be terminated prior to the end of the Term only under the following conditions:
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Termination Prior to Expiration Date. This Contract may be terminated prior to the Expiration Date upon the occurrence of the following: or,
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Termination Prior to Expiration Date and Consequences Thereof ------------------------------------------------------------- This Section IV sets forth the circumstances in which the Employment Period shall terminate on a date ("Effective Termination Date") prior to the Expiration Date (as defined in Section II hereof).
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Termination Prior to Expiration Date. Anything herein to the contrary ------------------------------------ notwithstanding, this Warrant, and the rights of the Holder hereof, will terminate prior to the Expiration Date (i) if, on or before October 17, 1998, each of the following shall have occurred: (a) the Company has consummated a Qualified Equity Offering, (b) a portion of the proceeds from such Qualified Equity Offering are used to prepay, pursuant to paragraph 4B(1) of the Note Agreement, the entire required principal prepayments of the Term Notes due on October 17, 1998 and on October 17, 1999 under paragraph 4A of the Note Agreement, and all accrued and unpaid interest thereon, (c) a portion of the proceeds from such Qualified Equity Offering are used to prepay, pursuant to paragraph 2B(2) of the Note Agreement, the entire outstanding principal amount of Revolving Notes, and all accrued and unpaid interest thereon, (d) on the date the Company receives the proceeds from such Qualified Equity Offering, after giving effect to the prepayments described in clauses (b) and (c) above and any Restricted Payments which the Company is required to or elects to make concurrent with or prior to the consummation of, or as a result of, such Qualified Equity Offering, (1) the Company shall have at least $5,000,000 in unrestricted cash and (2) no Specified Event of Default under the Note Agreement shall have occurred and be continuing or (ii) if, on October 17, 1999, each of the following shall have occurred: (x) the Company shall have prepaid when due each required principal prepayment of the Term Notes due on or before October 17, 1999 under paragraph 4A of the Note Agreement, and all accrued and unpaid interest thereon, (y) the Company shall have prepaid when due, pursuant to paragraph 2B(1) of the Note Agreement, the amount by which the outstanding principal amount of Revolving Loans exceeded the Revolving Commitment on or before October 17, 1999 (including any such prepayment which may be due as a result of the reduction of the Revolving Commitment on October 17, 1999) and all accrued and unpaid interest thereon and (z) after giving effect to the prepayments described in clauses (x) and (y) above and any Restricted Payments due on or before October 17, 1999, no Event of Default under the Note Agreement shall have occurred and be continuing; provided, however, that if the conditions -------- ------- of clauses (i) or (ii) above are not satisfied, this Warrant, and the rights of the Holder hereof, wi...
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Related to Termination Prior to Expiration Date

  • Termination Upon Expiration Date The Trust shall automatically terminate on December 31, 20__ (the "Expiration Date") or earlier pursuant to Section 9.02.

  • Lease Expiration Date The last day of the month in which the sixty-sixth (66th) month anniversary of the Lease Commencement Date occurs. 7.4

  • Termination/Expiration Upon termination or expiration of this Lease, Tenant shall, at Tenant's cost, remove any equipment, improvements or storage facilities utilized in connection with any Hazardous Materials and shall clean up, detoxify, repair and otherwise restore the Premises to a condition free of Hazardous Materials, to the extent such condition is caused by Tenant or any assignee or subtenant of Tenant or their respective agents, contractors, employees, licensees or invitees.

  • Dissolution Upon Expiration Date Unless earlier dissolved, the Trust shall automatically dissolve on July 30, 2040 (the “Expiration Date”), and the Trust Property shall be liquidated in accordance with Section 9.4.

  • 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 Date Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Maturity Date.

  • Termination Prior to Maturity Date; Survival All covenants, representations and warranties made in this Agreement shall continue in full force until this Agreement has terminated pursuant to its terms and all Obligations have been satisfied. So long as Borrower has satisfied the Obligations (other than inchoate indemnity obligations, and any other obligations which, by their terms, are to survive the termination of this Agreement, and any Obligations under Bank Services Agreements that are cash collateralized in accordance with Section 4.1 of this Agreement), this Agreement may be terminated prior to the Revolving Line Maturity Date by Borrower, effective three (3) Business Days after written notice of termination is given to Bank. Those obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination.

  • Termination Date The Executive’s “Termination Date” shall be:

  • 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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