Examples of New Termination Date in a sentence
This Lease shall only be terminated prior to the stated Termination Date upon the written and signed agreement of both Landlord and Tenant stating an exact date the Lease shall end, and such date shall be substituted in this Lease as the New Termination Date.
If no such action is taken by the Original Termination Date, the New Termination Date shall be the December 31 of each following year.
This Agreement shall continue in effect unless action is taken by CNC to terminate this Agreement at least ninety (90) days prior to such New Termination Date.
New Termination Date: The termination date of the Original Warrants will be shortened to terminate concurrently with the Expiration Date.
New Termination Date: The termination date of the Original Warrants is being shortened to run concurrently with the Expiration Date.
If the Parties have not entered into a new mining lease by the New Termination Date, then the 2011 Lease shall terminate without any further notice.
The period from the Expansion Commencement Date through the New Termination Date shall be known as the “Expansion Term.” Tenant shall not have any right to extend the Lease beyond the Extended Term.
The closing of the purchase and sale of the remaining 6,739,932 Ordinary Shares (the “Closing”), and the delivery of the Ordinary Shares by Sellers and of the payments required by paragraph 3 by Acquirer shall take on place as soon as practicable as agreed among the Parties, but in no event later than the New Termination Date.
For purposes of the foregoing, the amortization of the various items described above shall be a monthly amortization, utilizing a 7% annual interest rate factor, commencing in the first full calendar month in which an actual Base Rent payment is due with respect to the Termination Portion and continuing through the New Termination Date (the “Amortization Period”).
Following this review the Lender, at its absolute discretion, may offer to extend its participation under the Facility Agreement to a date falling 12 months after the Existing Termination Date (New Termination Date) by delivering to Xxxx a signed Renewal Notice attaching a proposed Key Terms Schedule and/or specifying a revised ‘Margin’ (as defined in the Group Limit Facility) for the Overdraft Facility.