Examples of Default Termination Date in a sentence
To the extent practicable, the Performing Party shall notify the Defaulting Party of all amounts owed under this Section 15 within 120 days of the Default Termination Date.
Certain provisions of this Agreement shall continue in effect after the Termination Date or Default Termination Date, in accordance with the provisions of Section 16.14.
If any monetary amounts payable under this Agreement are not paid when due, then such overdue amount shall bear interest for each day until paid in full, payable on demand, both before and after judgment or petition for bankruptcy, the Default Termination Date and the Force Majeure Termination Date, at the U.S. Base Rate plus two percent per annum on the basis of the actual number of days elapsed and on the basis of a year of 360 days, as the case may be.
In no event shall calculation and payment of the Termination Settlement Statement delay the Default Termination Date or the Early Termination Date, as the case may be.
This Purchaser Administrative Services Agreement is effective as of the Closing Date and shall remain in effect with respect to a particular Service until the Default Termination Date as specified in Exhibit A unless and until terminated in accordance with Section 4.02.