Liability Termination Date definition

Liability Termination Date has the meaning set forth in Section 11.8(b).
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Liability Termination Date means (a) with respect to any claim arising under Sections 10.3(a), 10.3(b), or 10.3(c)(iii) hereof, the expiration of the applicable statute of limitations, and (b) with respect to any other claim arising under Section 10.3(c), the date three (3) years after the Covenant Termination Date.
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Liability Termination Date means the end of the third Lease Year, as such date may be extended pursuant to the provisions of Article 7 hereof.
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Examples of Liability Termination Date in a sentence

  • Notwithstanding the foregoing, any claim for indemnification pursuant to Article IX for which notice is given prior to the Liability Termination Date shall survive until such claim is fully and finally resolved.

  • Notwithstanding the foregoing, any claim for indemnification pursuant to this Article VII for which an Indemnification Notice is delivered prior to the Liability Termination Date shall survive until such claim is fully and finally resolved.

  • The "Liability Termination Date" means the end of the third Lease Year, as such date may be extended pursuant to the provisions of Article 7 hereof.

  • Nothing herein contained shall be construed to give Guarantor any right of subrogation with respect to reimbursement in connection with payment made to or on behalf of Tenant to cure a Material Monetary Default under the Lease accruing prior to the Liability Termination Date until all amounts owing to Landlord in connection with a Material Monetary Default accruing prior to the Liability Termination Date have been paid in full.

  • Tenant acknowledges that, in the event Landlord chooses to use an assignment agreement, all Rent due under the Lease shall be abated after the Accelerated Liability Termination Date.

  • Within one (1) business day after the Excluded Liability Termination Date (as defined in Section 6 hereof), the Escrow Agent shall distribute to Comarco the cash held in the Excluded Liability Escrow Fund, including any interest earned thereon, not otherwise distributed to the Purchaser pursuant to Section 2 or to Comarco pursuant to Section 8.11.

  • If the Liability Termination Date has occurred, then Guarantor's liability hereunder shall terminate with respect to any Material Monetary Default that occurs after such date and any obligation(s) arising after such Liability Termination Date (other than Landlord's Legal Costs with respect to Guarantied Obligations that otherwise accrued before the Liability Termination Date) shall under no circumstance be deemed "Guarantied Obligation(s)" hereunder.

  • Buyer acknowledges and agrees that in the absence of fraud, intentional misrepresentation or willful misconduct, its sole remedy against the Seller for any matter arising out of the transactions contemplated by this Agreement is set forth in Section 9.1 hereto and that, except to the extent Buyer has asserted a claim for indemnification prior to the applicable Liability Termination Date, Buyer shall have no remedy against the Seller for any breach of any provision of this Agreement.

  • At Landlord's option, the Termination Document shall be either in the form of an agreement terminating the Lease as of the Accelerated Liability Termination Date or in the form of an assignment agreement assigning Tenant's interest in the Lease to an entity designated by Landlord as of the Accelerated Liability Termination Date.

  • In the event any such appraisal is finally determined and the amount thereof is paid by the Surviving Corporation prior to the Liability Termination Date, the Surviving Corporation, at its option, may elect to receive any payment to which it is entitled pursuant to the preceding sentence by way of a distribution from the Indemnification Escrow Account (to the extent of available funds therein).

Related to Liability Termination Date

  • 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).

  • 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.

  • 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.

  • Availability Termination Date means, as to either Borrower, the earliest of (a) the Maturity Date for such Borrower, (b) the reduction of the Borrower Sublimit of such Borrower to zero pursuant to Section 2.8.3 or termination of the obligation to make Loans to, or issue Letters of Credit for the account of, such Borrower pursuant to Section 8.1 and (c) the date of termination in whole of the Aggregate Commitment and the Commitments pursuant to Section 2.8.3 or Section 8.1.

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

  • Liquidity Termination Date means the earlier to occur of the following:

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

  • Fraud Loss Coverage Termination Date The point in time at which the Fraud Loss Coverage Amount is reduced to zero.

  • Loan Termination Date means the earliest to occur of the following: (a) November , 2009, (b) the date the Obligations are accelerated pursuant to this Agreement or the Revolving Note and (c) the date the Bank has received (i) notice in writing from the Borrower of the Borrower’s election to terminate this Agreement or the Revolving Note or (ii) indefeasible payment in full of the Obligations.

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

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

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

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

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

  • Agreement Termination Date is defined in Section 7.4.

  • 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.

  • Company Termination Event has the meaning set forth in Section 10 hereof.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Forbearance Termination Date means the earlier to occur of (i) the Termination Date and (ii) a Termination Event.

  • 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.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Bankruptcy Coverage Termination Date The point in time at which the Bankruptcy Loss Coverage Amount is reduced to zero.

  • 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.

  • 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.