Examples of Initial Termination Date in a sentence
Provided that this Backstop Commitment Letter remains in full force and effect and has not been otherwise terminated, PG&E may extend the Initial Termination Date to April 30, 2020 (the “First Extension Date”) upon providing written notice to the Backstop Party of its intent to exercise this option (the “First Extension Notice”) no later than three days prior to the Initial Termination Date.
If, on the Initial Termination Date, the occurrence of the Termination Date is deferred, the payment of Cash Settlement Amounts will continue in effect in relation to outstanding Defaulted Reference Obligations and, if the Loss Determination Date has not occurred in respect of any such Defaulted Reference Obligations on or before the Workout Cut-off Date then the Final Price for any such Reference Obligation shall be determined in accordance with paragraph (b) of the definition of Final Price.
The intent of the SERC-wide reliability assessment is to determine if the different reliability transmission expansion plans are simultaneously feasible and to otherwise ensure that these processes are using consistent models and data.
The Secretary, in the Secretary’s sole and absolute discretion, may elect to extend the Program beyond the Initial Termination Date for such Program Extension Period or Periods as the Secretary may determine, provided, however, that in no event shall the Program be extended beyond 11:59 p.m., Washington, D.C. time, on September 18, 2009.
The Program shall terminate on the Initial Termination Date unless extended by the Secretary, in the Secretary’s sole and absolute discretion.