Examples of Discontinuation Notice in a sentence
Upon receipt of a Discontinuation Notice by either party, this Letter of Intent will automatically terminate.
If the Aircraft Purchase Agreement has not been executed on or before the Back Stop Date, then either party can discontinue the negotiations by sending written notice to the other party (the "Discontinuation Notice").
In particular, if: Buyer does not issue a Confirmation Notice within five (5) business days of completing Preliminary Inspection of the Aircraft (or a longer period agreed in writing by Seller and Buyer), then Escrow Agent shall refund to Buyer the Deposit; or Seller receives a Discontinuation Notice (as defined in Section 2.6(b)), Escrow Agent shall refund to Buyer the Deposit.
Without prejudice to clause 7 (Tax gross up), any payment of Senior Debt Compensation or Equity Compensation shall be in full satisfaction of any claim which can be made against the Secretary of State by the Security Trustee, IP HoldCo and/or IP OpCo in relation to termination of the Government Support Package following the exercise by the Secretary of State of its right to issue a Discontinuation Notice.
To organise agriculture and animal husbandry on modern and scientific lines.