Program Termination definition

Program Termination means the cessation of all CCA electric supply service to all CCA customers.
Program Termination. Either OCI or GE Capital, subject to 90 days prior written notice, can terminate the Program with respect to loans not yet committed to by GE Capital. Also, if there has been a material adverse change in the financial condition of OCI from the financial condition of OCI on the commencement date of the Program, GE Capital can terminate the Program with respect to loans not yet committed to by GE Capital on 30 days prior written notice. Regardless of any termination, OCI's guarantee will remain in place as to all committed or originated loans until such time as those loans are paid in full. If the Program is not otherwise terminated, the Program shall terminate on May 31, 2006 at which time the Program may be extended or a new Program may be established upon the consent of OCI and GE Capital. All loans will be subject to approval at GE Capital's sole discretion.
Program Termination has the meaning ascribed to it in Section 5.5(d).

Examples of Program Termination in a sentence

  • Placing a postsecondary educational program into moratorium (Program Termination and Moratorium Form) 1b.

  • Terminating an existing postsecondary educational program (Program Termination and Moratorium Form) 7.

  • CFFT may by written notice delivered to Vertex (the “Alternate Program Termination Notice”) elect to terminate the Alternate Program and all funding which under the Current Budget would have been allocated to the Alternate Program after the effective date of termination.

  • Notwithstanding such Termination, CFFT will reimburse Vertex during the ninety (90) days following such Termination for all outsourced costs [***] From and after the date the Alternate Program Termination Notice is received by Vertex, CFFT will not be obligated to fund any other outsourcing costs allocated in the Current Budget to the Alternate Program.

  • If you are a Quebec resident, see the “For Quebec Residents Only (including Program Termination and Changes)” section below about how we may terminate this Program or make changes to these Scene+ Program Terms and Conditions.

  • The rights under this Section 37.7 shall not be exercisable with respect to the Company unless an Originator Termination Event has occurred and is continuing with respect to a relevant Originator (and then only to Receivables originated by such Originator) or a Program Termination Event as set forth in Section 7.02(a) of the Contribution Agreement or a Termination Event has occurred and is continuing.

  • Member-Initiated Requests for Transfers and Transfers Due to Changes in Student Enrollment and/or Program Termination.

  • Termination will be effective on the 30th day following receipt by Vertex of the Alternate Program Termination Notice (the “Alternate Program Termination Date”).

  • Notwithstanding the foregoing, any Receivables and Receivable Assets contributed to the Company, prior to the Company and the Administrative Agent receiving a written notice expressly stating that a Program Termination Date has occurred, shall continue to be property of the Company.

  • See below under “Extension of Program; Termination; Amendment” for a description of our rights to extend, terminate and amend the Program.


More Definitions of Program Termination

Program Termination means (i) Company voluntarily terminates the ATHENA Trial or (ii) the IDMC requires or recommends termination of the ATHENA Trial.
Program Termination means the termination, non-renewal or non-permanentizing of all of the Permits issued by the Board of Pharmacy and Commonwealth of Virginia to the Company and its competitors, without the concurrent issuance of a successor Permit allowing for the lawful operation of the Business.
Program Termination shall have the meaning assigned to such term in Section 7.3(d)
Program Termination means termination of the Program, as provided under this Instrument.

Related to Program Termination

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • 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.

  • Termination for Cause means termination because of: (1) Executive's personal dishonesty, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule, regulation (other than traffic violations or similar offenses), final cease and desist order or material breach of any provision of this Agreement which results in a material loss to the Institution or the Holding Company, or (2) Executive's conviction of a crime or act involving moral turpitude or a final judgement rendered against Executive based upon actions of Executive which involve moral turpitude. For the purposes of this Section, no act, or the failure to act, on Executive's part shall be "willful" unless done, or omitted to be done, not in good faith and without reasonable belief that the action or omission was in the best interests of the Institution or its affiliates. Notwithstanding the foregoing, Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to him a Notice of Termination which shall include a copy of a resolution duly adopted by the affirmative vote of not less than three-fourths of the members of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to Executive and an opportunity for him, together with counsel, to be heard before the Board), finding that in the good faith opinion of the Board, Executive was guilty of conduct justifying Termination for Cause and specifying the particulars thereof in detail. The Executive shall not have the right to receive compensation or other benefits for any period after Termination for Cause. During the period beginning on the date of the Notice of Termination for Cause pursuant to Section 8 hereof through the Date of Termination, stock options and related limited rights granted to Executive under any stock option plan shall not be exercisable nor shall any unvested awards granted to Executive under any stock benefit plan of the Institution, the Holding Company or any subsidiary or affiliate thereof, vest. At the Date of Termination, such stock options and related limited rights and any such unvested awards shall become null and void and shall not be exercisable by or delivered to Executive at any time subsequent to such Termination for Cause.