Examples of Expiration Event in a sentence
TRG and Holdings hereby agree that upon the occurrence of an Expiration Event or a Termination Event, they shall cause the Company to (i) exercise the Option and (ii) acquire TRG's entire membership interest in the Manager as provided in Article VIII of the Operating Agreement, unless they agree otherwise in writing.
The Option shall be exercisable upon TRG's failure to renew the Master Services Agreement (an "Expiration Event") or upon TRG's termination of the Master Services Agreement for cause, as set forth in the Master Services Agreement (a "Termination Event").
The Bonds or any portion thereof, as applicable, are subject to mandatory tender for purchase (with no right to retain) (i) on each Mode Change Date, (ii) with respect to a Liquidity Expiration Event, not less than five days prior to the expiration of the Liquidity Facility, and (iii) on any Conversion Date (each a "Mandatory Tender Date"), at the Purchase Price, subject to the conditions described in the Indenture.
The term of this Agreement (the “Term”) shall commence as of the Effective Date and, unless terminated sooner pursuant to Section 7.2 below, shall expire upon the occurrence of an Expiration Event.