Facility Termination Notice definition

Facility Termination Notice shall have the meaning assigned to it in Section 2.02(b) of the Funding Agreement.
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Facility Termination Notice means a notice in substantially the form of Annex B to Exhibit VI from the Agent to the Collection Bank. "FEDERAL BANKRUPTCY CODE" means Title 11 of the United States Code entitled "Bankruptcy," as amended and any successor statute thereto.
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Facility Termination Notice shall have the meaning assigned to it in Section 2.02(b) of the Funding Agreement. [*] Indicates that certain information in this exhibit has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to omitted portions.
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Examples of Facility Termination Notice in a sentence

  • Each Facility Termination Notice or Facility Limit Reduction Notice shall specify, respectively, the amount of, or the amount of the proposed reduction in, the Facility Limit.

  • The Facility Termination shall occur fifteen (15) days after the delivery of the Facility Termination Notice to the other party to this Agreement, or if such day is not a Business Day, then the next Business Day (“Facility Termination Date”).

  • Notwithstanding Section 11.6 above, within ten (10) days of Landlord’s receipt of Tenant’s Facility Termination Notice, Landlord may notify Tenant that Landlord intends to repair or restore the applicable Facility Property even though Mortgagee has not made the condemnation proceeds available for restoration.

  • If the Lender does not deliver a Revolving Credit Facility Termination Notice at least twelve (12) months prior to the end of the Revolving Credit Facility Initial Term, the term of Revolving Credit Facility will continue for successive Revolving Credit Facility Renewal Terms.

  • During any Revolving Credit Facility Renewal Term, Lender has the right, in its sole discretion, to terminate the Revolving Credit Facility by providing a Revolving Credit Facility Termination Notice at least twelve (12) months prior to the date of termination.

  • Notwithstanding Section 10.9 above, within ten (10) days of Landlord’s receipt of Tenant’s Facility Termination Notice, Landlord may notify Tenant that Landlord intends promptly to repair or rebuild the applicable Facility Property even though Mortgagee has not made the insurance proceeds available for rebuilding.

  • Prior to Agent's obligation to execute and deliver such Facility Termination Notice, if any Originator or Seller has suffered an Event of Bankruptcy prior to Seller's delivery of such Facility Termination Notice to Agent, Seller shall provide evidence satisfactory to the Agent in its sole discretion that all amounts remitted by Servicer to the Agent's Account pursuant to Article II hereof represent Collections received with respect to Receivables generated prior to such Event of Bankruptcy.

  • In a resolution to appoint or dismiss directors, statutory auditors, etc., even by the articles of incorporation, the quorum cannot be set below one third.

  • If the Lender does not deliver a Revolving Credit Facility Termination Notice on or before October 12, 2012, the term of Revolving Credit Facility will continue for successive Revolving Credit Facility Renewal Terms.

  • The Revolving Credit Facility will terminate at the expiration of the Revolving Credit Facility Initial Term if the Lender, in its sole discretion, delivers to the Borrower a Revolving Credit Facility Termination Notice on or before October 12, 2012.

Related to Facility Termination Notice

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Servicer Termination Notice Defined in Section 6.11.

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • 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.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.