Notice Exception definition

Notice Exception means the right, as described in Section 5.2, of either party to the Agreement to terminate the Agreement upon giving the required written notice.
Sample 1Sample 2Sample 3
Notice Exception means the right, as described in Section 4.2, of either party to the Agreement to terminate this Agreement upon giving the required written notice.
Sample 1Sample 2Sample 3

Examples of Notice Exception in a sentence

  • This Agreement shall be effective as of and shall continue in effect for two (2) years through the 31th day of August, 2019.

  • Notwithstanding the foregoing, the Notice Exception shall not be effected by the Company while the Executive is Totally Disabled as provided in ARTICLE 7.

  • CHAPTER 227 – CITY PLANNING AND ZONING ORS 227.186: Notice to Property Owners of hearing on Certain Zone change: Form of Notice; Exception; Reimbursement of Cost.

  • A decision by the Company to terminate the Executive pursuant to the Notice Exception shall be by action of the Board, and the Executive agrees that neither he nor any member of his family shall vote with respect to this decision.

  • Prior to the expiration of the Inspection Period, Buyer shall give to Seller Notice ("Exception Notice") of any exceptions to title set forth in the Title Commitment which are not acceptable to Buyer ("Unacceptable Exceptions").

  • The restrictions of part (i) of this Section 13.3 shall not apply if the employment of the Executive is terminated by the Company's exercise of the Notice Exception or by the Executive for Good Reason, and shall further not apply to a passive investment by the Executive constituting ownership of less than five percent (5%) of the equity of any entity engaged in any business described in part (i) of this Section 13.

  • In addition to the compensation provided for in Section 12.1, the Executive shall be entitled to severance benefits as provided in this Section 12.2 upon his separation from service with Good Reason or upon his separation from service on account of the Company’s exercise of the Notice Exception.

  • Notwithstanding the foregoing, in the event the Executive desires to terminate his employment within twelve (12) months following a Change of Control, the Executive is not required to provide the Company with one hundred and twenty (120) days notice of his desire to do so, but instead may do so by giving notice to the Company as provided in Section 5.5. In no event shall the Company invoke the Notice Exception during any period of Total Disability of the Executive.

  • If the Executive’s employment is terminated by the Company by exercise of the Notice Exception or by the Executive by exercise of the Notice Exception, and such exercise, whether initiated by the Company or the Executive, occurs within twelve (12) months of a Change of Control, the Executive shall be entitled to receive in a lump sum (i) any compensation due but not yet paid through the Termination Date, plus (ii) an amount equal to one dollar less than three (3) times his Base Amount.

  • The Term shall commence as of June 1, 2004, and shall continue until the earliest to occur of the following: (i) the date of death of the Executive; (ii) the specified date of termination under the Notice Exception (as defined in Section 4.2); (iii) the date of termination under the Cause Exception (as defined in Section 4.3); or (iv) the date of termination as a result of the Executive’s Total Disability.

Related to Notice Exception

  • Title Objection shall have the meaning assigned thereto in Section 8.5.

  • Good cause exception means the issuance of a fingerprint

  • Title Objections has the meaning ascribed to such term in Section 6.2(a).

  • Permitted Exception means (a) liens for Taxes and other governmental charges and assessments which are not yet due and payable, (b) liens of landlords and liens of carriers, warehousemen, mechanics and materialmen and other like liens arising in the ordinary course of business for sums not yet due and payable, (c) other liens or imperfections on property which are not material in amount or do not materially detract from the value or the existing use of the property affected by such lien or imperfection, (d) such statements of fact and exceptions shown on any title insurance policies delivered to Global.

  • Permitted Title Exceptions means those exceptions to title to the Real Property that are satisfactory to the Acquiror as determined pursuant to Section 2.2.

  • Title Defect Notice shall have the meaning set forth in Section 11.2(a).

  • Cure Deadline shall have the meaning provided in Section 11.11(a).

  • Property Notice means any order, notice, proposal, demand or other requirement issued by any competent authority (including the Landlord) which materially affects the Academy Trust’s ability to use the Land for the purposes of the Academy.

  • Cure Period means the period specified in this Agreement for curing any breach or default of any provision of this Agreement by the Party responsible for such breach or default and shall:

  • Environmental Defect Notice shall have the meaning set forth in Section 12.1(a).

  • Penalty Notice means a written no- tification from the Director informing a respondent that the Director has made a finding of violation and, absent a request for a hearing, will impose a civil monetary penalty.

  • Plan Objection Deadline means the date the Bankruptcy Court establishes as the deadline to File an objection to Confirmation of the Plan.

  • Equitable Exceptions means, with respect to the enforceability of any obligation, that such obligation is subject to (a) applicable bankruptcy, insolvency, moratorium, receivership, assignment for the benefit of creditors or other similar state or federal laws affecting the rights and remedies of creditors generally (including, without limitation, fraudulent conveyance or transfer laws) and judicially developed doctrines in this area, such as equitable subordination and substantive consolidation of entities and (b) equitable principles (whether considered in a proceeding in equity or at law).

  • Title Defect as used herein shall mean any encumbrance, encroachment, irregularity, defect in or objection to Seller’s title to the Leases and Xxxxx (excluding Permitted Encumbrances) which would result in Seller not having Defensible Title.

  • Toll Billing Exception Service (TBE) means a service that allows End Users to restrict third number billing or collect calls to their lines.

  • Claim Objection Deadline means the first Business Day that is 180 days after the Effective Date, as may be extended by order of the Bankruptcy Court.

  • Response Notice is defined in Section 14.3(b)(ii).

  • Toll Billing Exception Service (TBE means a service that allows End Users to restrict third number billing or collect calls to their lines.

  • Termination Warning Notice means a notice sent by the Secretary of State to the Academy Trust, stating his intention to terminate this Agreement.

  • Defect Notice shall have the meaning specified in Section 3.2 of this Agreement.

  • Environmental Defect means, with respect to any given Asset, a material violation of Environmental Laws in effect as of the Effective Time in the jurisdiction in which such Asset is located.

  • Seller’s Notice has the meaning set forth in Section 8.5(a).

  • Nonconforming zoning condition means a physical improvement on a property that does not conform with current zoning standards.

  • Claims Objection Deadline means the deadline for objecting to a Claim against a Debtor, which shall be on the date that is the later of (a) 180 days after the Effective Date and (b) such other period of limitation as may be fixed by the Debtors or the Reorganized Debtors, as applicable, or by an order of the Court for objecting to such Claims.

  • Force Majeure Exception means any failure or delay in the performance of the Fund’s reporting obligation pursuant to Section 2.3 arising out of or caused, directly or indirectly, by circumstances beyond its reasonable control, including, without limitation, acts of God; earthquakes; flood; terrorism; wars and other military disturbances; sabotage; epidemics; riots; loss or malfunctions of utilities, computer (hardware or software) or communication services; accidents; acts of civil or military authority and governmental action. The Fund shall use commercially reasonable efforts to commence performance of its obligations during any of the foregoing circumstances.

  • Repurchase Response Notice means a notice delivered by the Indenture Trustee at the direction of the Administrator to a Noteholder or Note Owner indicating that a Repurchase Request is unresolved.