Examples of Automatic Termination Date in a sentence
The SWWG shall have the authority, by majority vote, to extend the Automatic Termination Date set forth in Section 2.2 beyond February 11, 2022.
Notwithstanding the above, a Party shall have the right to terminate this Agreement before the Automatic Termination Date if, and only if, the other Party has: a) materially breached this Agreement and b) after having received written notice of the material breach, failed to cure the breach within forty-five (45) days of having received the written notice.
The Plan shall terminate ten (10) years after the effective date of the Plan (the "Automatic Termination Date") unless earlier terminated due to a lack of shareholder approval or discontinuance by the Board.
If the Company terminates the Agreement prior to the Automatic Termination Date, the Company shall wire $50,000 to the Investor irrespective of any other event or condition, including, without limitation, the Company’s submission of a Purchase Notice.
However, if such Market Disruption Event is continuing on the fifth Trading Day after the Automatic Termination Date, the Calculation Agent may make a good faith estimate in its sole discretion of the value of the Index and will determine the Automatic Redemption Value prior to the close of trading on the fifth Trading Day after the Automatic Termination Date.