Examples of MP Termination Event in a sentence
On or as soon as practicable following the effective designation of either an MH Termination Event or an MP Termination Event, MH shall calculate the amounts due and owing by MP to MH, and MP shall calculate the amounts due and owing by MH to MP, as applicable, for the period up to and including the termination date, and each Party shall deliver an invoice to the other Party for the amount due which shall be payable in accordance with Article VI.
If an MP Termination Event has occurred and is then continuing, MP may, by providing notice to MH in the time period specified in such MP Termination Event and if no time period is specified, by not less than twenty (20) days’ notice to MH, designate a Business Day not earlier than the day such notice is effective as an Early Termination Date.
On or as soon as practicable following the effective designation of either an MH Termination Event or an MP Termination Event, MH shall calculate the amounts due and owing by MP to MH, and MP shall calculate the amounts due and owing by MH to MP, as applicable, for the period up to and including the termination date, and each Party shall deliver an invoice to the other Party for the amount due which shall be payable in accordance with Article V.
On or as soon as practicable following the effective designation of an Early Termination Date arising out of an MH Termination Event or an MP Termination Event, MH shall calculate the amounts due and owing by MP to MH, and MP shall calculate the amounts due and owing by MH to MP, for the period up to and including the Early Termination Date, and each Party shall deliver an invoice to the other Party for the amount due which shall be payable in accordance with Section 7.2, Section 7.3 and Section 7.6.
If an MP Termination Event occurs, MP shall, promptly upon becoming aware of it, notify MH, specifying the nature of that MP Termination Event and shall give MH such other information about that MP Termination Event as MH may reasonably require.