DURATION; TERMINATION definition

DURATION; TERMINATION. The provisions of this Agreement shall terminate upon the first to occur of (A) notice of termination by the Requisite Investors, (B) a Sale of the Company which has been consented to by the Requisite Investors and the consideration received by the Shareholders in connection with such sale consists solely of cash and (C) no Investor owns more than 7 1/2% of the Fully Diluted Common Stock."
Sample 1

Examples of DURATION; TERMINATION in a sentence

  • DURATION; TERMINATION 21 Section 8.1. Duration 21 Section 8.2. Termination 21 Section 8.3. Survival 23 Article IX.

  • ARTICLE IX DURATION; TERMINATION OF TRUST; AMENDMENT; MERGERS, ETC.

  • EFFECTIVE DATE, DURATION, TERMINATION This MOU becomes effective upon the signature of authorized representatives of both Parties and remains in effect, unless otherwise terminated.

  • Without limiting the generality of the foregoing, the Trustees may establish classes of series of Shares in accordance with Section 6.9. ARTICLE IX DURATION; TERMINATION OF TRUST; AMENDMENT; MERGERS, ETC.

  • St. Catharines Hydro will install new underground services to residential infill subdivision lots that are pre-serviced to the property line at the current approved flat rate service cost.

  • CUSTOMS CLEARANCE AND MOVEMENT OF PERSONS; USE OF NASA NAME, INITIALS, AND EMBLEM; TERMS OF AGREEMENT – DURATION, TERMINATION, AND MODIFICATION; POINTS OF CONTACT; and DISPUTE RESOLUTION.

  • CUSTOMS CLEARANCE AND MOVEMENT OF PERSONS; USE OF NASA NAME, INITIALS, AND EMBLEM; TERMS OF AGREEMENT - DURATION, TERMINATION, AND MODIFICATION; POINTS OF CONTACT; and DISPUTE RESOLUTION.

  • ARTICLE XII DURATION; TERMINATION OF COMPANY OR SERIES; AMENDMENT; MERGERS; ETC.

  • ARTICLE 3: DURATION, TERMINATION, RENEWAL This Agreement shall come into effect upon the signature of both Parties; the date of the last signature thereof taking precedence.

  • Certain Definitions and Procedures 21 ARTICLE VII DURATION; TERMINATION 22 Section 7.01.

Related to DURATION; TERMINATION

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Accretion Termination Date As defined in the Series Supplement.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Normal Termination means termination of employment or service with the Company and Affiliates: (i) by the Optionee; (ii) upon retirement; (iii) on account of death or Disability; or (iv) by the Company, a Subsidiary or Affiliate without Cause.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Event Termination Date See Section 2(e) hereof.

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

  • Termination Assistance Period means the period commencing upon the expiration or termination of this Agreement and each Statement of Work and expiring six (6) months thereafter, as such period may be extended by the Parties.

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Agreement Termination Date is defined in Section 7.4.

  • Optional Termination The termination of the trust created hereunder in connection with the purchase of the Mortgage Loans pursuant to Section 9.01(a) hereof.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Termination After Change in Control means either of the following events occurring within twelve (12) months after a Change in Control:

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

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

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

  • Disability Termination means termination by the Company of the Executive’s employment by reason of the Executive’s incapacitation due to disability. The Executive will be deemed to be incapacitated due to disability if at the end of any month the Executive is unable to perform substantially all of the Executive’s duties under this Agreement in the normal and regular manner due to illness, injury or mental or physical incapacity, and has been unable so to perform for either (i) three consecutive full calendar months then ending, or (ii) 90 or more of the normal working days during the 12 consecutive full calendar months then ending. Nothing in this paragraph alters the Company’s obligations under applicable law, which may, in certain circumstances, result in the suspension or alteration of the foregoing time periods.

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.

  • Lease Termination Date means the last day of the Lease Term.

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

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