Charter Termination Event definition

Charter Termination Event means, in relation to a Vessel, any of the following events or circumstances:
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Charter Termination Event. Section 13.2 "Claims" Section 11.1 "Conversion Requirements" Section 13.4 "CPI-adjusted" Section 8.4 "CSR" ATTACHMENT 1-A to EXHIBIT 1 "Deployment Estimate" Section 8.3.1 "Deployment Services" Section 2.1 of EXHIBIT 2
Sample 1

Examples of Charter Termination Event in a sentence

  • At all times during the Post-Completion Period, the Owner shall (and shall procure that the Sponsor shall) promptly advise the Facility Agent of any Charter Termination Event of which it or they become aware.

  • The Obligors shall promptly advise the Agent of any Charter Termination Event of which they become aware.

  • At all times, the Owner shall (and shall procure that Ocean Rig and the Bareboat Charterer shall) promptly advise the Facility Agent of any Charter Termination Event or Bareboat Charter Termination Event of which it or they become aware.

  • Figure 2 Local PI control loop with disturbance feed forward for river impoundment The deviation is used as the input for the PI controller, which computes a desired discharge.

  • In addition to all of HSA's other rights and remedies at law or equity as limited by Section 12 hereof, HSA has the right to (i) terminate this Agreement, (ii) renegotiate this Agreement, (iii) refuse to provide HSA Network Services to, or withdraw HSA Network Services from, a particular Committed Network System, if there has been a Termination Event as set forth in Sections 13.1.4 or 13.1.5 hereof (each, a "Charter Termination Event").

  • In the event that a Charter Termination Event occurs which is limited to a particular Committed Network System, HSA may exercise the forgoing rights only with respect to the Committed Network System in question and not this entire Agreement.

  • HSA's selection of any one of these remedies shall not preclude HSA from selecting any other of such remedies for the same or other Charter Termination Event.

Related to Charter Termination Event

  • Company Termination Event means any of the following:

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Purchase and Sale Termination Event has the meaning set forth in Section 8.1 of the Sale Agreement.

  • ERISA Termination Event means (i) a “Reportable Event” described in Section 4043 of ERISA and the regulations issued thereunder (other than a “Reportable Event” not subject to the provision for 30-day notice to the PBGC under such regulations), or (ii) the withdrawal of a Borrower or any of its ERISA Affiliates from a “single employer” Plan during a plan year in which it was a “substantial employer”, both of such terms as defined in Section 4001(a) of ERISA, or (iii) the filing of a notice of intent to terminate a Plan or the treatment of a Plan amendment as a termination under Section 4041 of ERISA, or (iv) the institution of proceedings to terminate a Plan by the PBGC or (v) any other event or condition which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan or (vi) the partial or complete withdrawal of a Borrower or any ERISA Affiliate of such Borrower from a “multiemployer plan” as defined in Section 4001(a) of ERISA.

  • Servicer Termination Events (or any analogous term under the Lead Securitization Servicing Agreement) include customary market termination events with respect to failure to make advances, failure to timely remit payments to the Non-Lead Note Holders as required hereunder or under the Lead Securitization Servicing Agreement (subject to no more than one business day grace period), failure to timely deposit amounts into any REO Account or to remit to a Servicer for deposit into a related collection or custodial account, failure to deliver (or cause to be delivered) materials or information required in order for each Non-Lead Note Holder or each Non-Lead Depositor to timely comply with its obligations under the Exchange Act, the Securities Act and Form SF-3, and for rating agency downgrades or other triggers with respect to any certificates issued in connection with a Non-Lead Securitization, subject to customary grace periods (provided that, in the case of failures related to the securities laws, such grace periods will not cause a Non-Lead Depositor to fail to comply with the applicable provisions of such securities laws). Upon the occurrence of such a Servicer Termination Event with respect to the Master Servicer affecting a Non-Lead Securitization Note Holder and the Master Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Master Servicer shall be required, upon the direction of such Non-Lead Securitization Note Holder, to appoint a subservicer with respect to such Non-Lead Securitization Note. Upon the occurrence of a Servicer Termination Event with respect to the Special Servicer affecting a Non-Lead Securitization Note Holder and the Special Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Trustee shall, upon direction of such Non-Lead Securitization Note Holder, terminate the Special Servicer with respect to, but only with respect to, the Mortgage Loan;

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Consultation Termination Event shall have the meaning assigned to such term or an analogous term in the Servicing Agreement.

  • Potential Termination Event means an event which, with the giving of notice and/or the lapse of time, would constitute a Termination Event.

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Control Termination Event shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.

  • Dissolution Event has the meaning set forth in Section 6.1.

  • Swap Termination Event means the occurrence of a “Termination Event” under the Swap Agreement, as defined in the Swap Agreement.]

  • Forbearance Termination Event has the meaning set forth in Section 3(a) hereto.

  • Commitment Termination Event means (a) the occurrence of any Event of Default described in clauses (a) through (d) of Section 8.1.9, or (b) the occurrence and continuance of any other Event of Default and either (i) the declaration of the Loans to be due and payable pursuant to Section 8.3, or (ii) in the absence of such declaration, the giving of notice to the Borrower by the Administrative Agent, acting at the direction of the Required Lenders, that the Commitments have been terminated.

  • Event of Servicer Termination With respect to the Servicing Agreement, a Servicing Default as defined in Section 6.01 of the Servicing Agreement.

  • Servicer Termination Notice Defined in Section 6.15.

  • Termination Events means each of the events specified in Clause 10.3 of this Contract.

  • Early Termination Event has the meaning specified in Section 9.2.

  • Unmatured Termination Event means an event that, with the giving of notice or lapse of time, or both, would constitute a Termination Event.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Incipient Event of Termination means an event that but for notice or lapse of time or both would constitute an Event of Termination.

  • Early Dissolution Event has the meaning specified in Section 9.2.