Examples of Omnibus Termination Agreement in a sentence
The Subject Agreements and the Subject Leases (each as defined in the Omnibus Termination Agreement) shall have been terminated in accordance with the terms of the Omnibus Termination Agreement, and all other provisions of the Omnibus Termination Agreement shall remain unchanged without modification or amendment from the terms in effect as of the date hereof.
Xxxxxxxxx Title: Executive Vice President By: /s/ Xxxxxxx Xxxxxx Name: Xxxxxxx Xxxxxx Title: Vice President [Singature Page to Omnibus Termination Agreement] By: Xxxxx Holdings, L.L.C., its general partner By: /s/ Hunter X.
Subject in all respects to the termination of the SU/SDTS Leases pursuant to the terms of the Omnibus Termination Agreement, nothing in this Section 11.06 is deemed to modify or amend any of SU’s or SDTS’s, as applicable, rights or obligations under the SU/SDTS Leases.
If the provisions of this Omnibus Termination Agreement shall conflict with those of the Partnership Agreement or any of the Agreements, then the provisions of this Omnibus Termination Agreement shall prevail.
To the extent that TCA does not have adequate cash to make such payments and meet its other obligations, such amounts due under this Omnibus Termination Agreement shall be deferred (without the accrual of interest) until TCA has sufficient cash to pay them.
The Parties agree that all amounts due under this Omnibus Termination Agreement shall only be payable in the order set forth in paragraph 7 below, as modified by the provisions of paragraphs 8 and 9 below, and to the extent to which TCA has adequate cash to pay such amounts and meet its other obligations.
Subject to Section 7.2.11(b), the Relinquishment Agreement or the Omnibus Termination Agreement shall, in whole or in part, be amended, supplemented, modified, terminated, cease to be effective or cease to be the legally valid, binding and enforceable obligation in any material respect of any party thereto, in each case if the effect of such amendment, supplement, modification, termination or other action, has a Material Adverse Effect.
However, it is agreed by the Parties that TCA shall not be required to make any of the payments or distributions required by this Omnibus Termination Agreement until it has annually distributed to its partners, pro rata, at least the amount described in Section 3.03a.
However, it is agreed by the Parties that TCA shall not be required to make any of the payments or distributions required by this Omnibus Termination Agreement until it has annually distributed to its partners, pro rata, at least the amount described in Section 3.03a(1) of the Partnership Agreement less twice the amount of all other funds paid or distributed to Waterford during such year pursuant to this Omnibus Termination Agreement.
The Parties agree that all amounts due under this Omnibus Termination Agreement shall only be payable in the order set forth in paragraph 6 below, as modified by the provisions of paragraphs 7 and 8 below, and to the extent to which TCA has adequate cash to pay such amounts and meet its other obligations.