Purchaser Termination definition

Purchaser Termination means the termination of this Agreement by the Purchaser.
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Purchaser Termination means the termination of this Agreement by the Purchaser. “Purchaser Termination Event” has the meaning assigned to it in Section 8(a).
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Purchaser Termination as defined in Section 7.5(l)(ii)(1).
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Examples of Purchaser Termination in a sentence

  • Purchasers and Seller acknowledge that Purchasers have already deposited into escrow under the Prior Pre-Closing Escrow Agreement an amount equal to the Purchaser Termination Amount, which deposit the parties agree can be used as security for Purchasers’ obligations under this Agreement with respect to the Purchaser Termination Amount.

  • In addition, Parent shall not be required to pay the Purchaser Termination Fee or the Regulatory Termination Fee, as the case may be, on more than one occasion.

  • In no event shall Purchaser be required to pay the Purchaser Termination Fee if Seller has not delivered the Purchaser Fee Election in accordance with this Section 9.03(a).

  • Notwithstanding the foregoing, in no event shall any matter set forth on a Purchaser Termination Update have any impact on any rights, remedies or other recourse of Seller under Section 7.03(b).

  • For the avoidance of doubt, if Seller makes the Purchaser Fee Election and Purchaser pays the Purchaser Termination Fee, Purchaser shall have no other liability for any breach of this Agreement (regardless of the time of breach).

  • In no event will Parent be required to pay the Purchaser Termination Fee or Regulatory Termination Fee other than in the circumstances described in this Section ‎9.3(b) and in no event will Parent be required to pay both the Purchaser Termination Fee and the Regulatory Termination Fee.

  • Notwithstanding the foregoing, the Seller will not 30 seek such legal or equitable remedy or relief if the Purchaser Termination Fee has been paid.

  • In the event that both the Purchaser Termination Fee and the Regulatory Termination Fee are payable pursuant to this Section ‎9.3(b), then Seller shall only be entitled to receive, and Purchaser shall only be required to pay, the Purchaser Termination Fee.

  • If the Regulatory Termination Fee or the Purchaser Termination Fee becomes due and payable in accordance with this Section ‎9.3(b), then such fee shall be paid in each case by wire transfer (to an account designated by Seller) of immediately available funds (I) prior to or concurrently with such termination in the event of a termination by Purchaser or (II) no later than five Business Days following such termination in the event of a termination by Seller.

  • Anything to the contrary in Section 9.3 notwithstanding: Seller shall not be entitled to receive, and Purchaser shall not be obligated to pay, the Purchaser Termination Fee in the event that (a) Seller has failed to agree or to commit to undertake a Seller Burdensome Condition or (b) Seller has failed to perform in any material respect any of its obligations under Section 5.5 and the conditions in Section 8.1(a) and Section 8.1(b) would have been satisfied but for such failure.


More Definitions of Purchaser Termination

Purchaser Termination shall have the meaning specified in Section 9.02. "Real Property" shall have the meaning specified in Section 3.12. "Retiring Executives" shall mean Terry Van Gorder, Gerald Elmer and Larry Frack. "September 28, 1997 Xxxxxxx Xxxxx" shxxx xxxx xxx meanxxx xxxxxxxed in Section 3.05. "SERP Benefit" shall mean the supplemental employee retirement benefit payable by the Company to Terry Van Gorder. "Straddle Period" shall mean a taxable period of xxx Xxxxxxx xxxx includes but does not end on the Closing Date.
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Purchaser Termination is defined in Section 4.14(a).
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Related to Purchaser Termination

  • Purchase and Sale Termination Event has the meaning set forth in Section 8.1 of the Sale Agreement.

  • Servicer Termination Notice Defined in Section 6.15.

  • Purchase and Sale Termination Date has the meaning set forth in Section 1.4 of the Sale Agreement.

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Servicer Termination Events (or any analogous term under the Lead Securitization Servicing Agreement) include customary market termination events with respect to failure to make advances, failure to timely remit payments to the Non-Lead Note Holders as required hereunder or under the Lead Securitization Servicing Agreement (subject to no more than one business day grace period), failure to timely deposit amounts into any REO Account or to remit to a Servicer for deposit into a related collection or custodial account, failure to deliver (or cause to be delivered) materials or information required in order for each Non-Lead Note Holder or each Non-Lead Depositor to timely comply with its obligations under the Exchange Act, the Securities Act and Form SF-3, and for rating agency downgrades or other triggers with respect to any certificates issued in connection with a Non-Lead Securitization, subject to customary grace periods (provided that, in the case of failures related to the securities laws, such grace periods will not cause a Non-Lead Depositor to fail to comply with the applicable provisions of such securities laws). Upon the occurrence of such a Servicer Termination Event with respect to the Master Servicer affecting a Non-Lead Securitization Note Holder and the Master Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Master Servicer shall be required, upon the direction of such Non-Lead Securitization Note Holder, to appoint a subservicer with respect to such Non-Lead Securitization Note. Upon the occurrence of a Servicer Termination Event with respect to the Special Servicer affecting a Non-Lead Securitization Note Holder and the Special Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Trustee shall, upon direction of such Non-Lead Securitization Note Holder, terminate the Special Servicer with respect to, but only with respect to, the Mortgage Loan;

  • Special Servicer Termination Event shall have the meaning given to such term in the Lead Securitization Servicing Agreement.

  • Company Termination Event means any of the following:

  • Complete Termination means a termination of the Fund's Rule 12b-1 plan for B-2 Shares involving the cessation of payments of the Distribution Fees, and the cessation of payments of distribution fees pursuant to every other Rule 12b-1 plan of the Fund for every existing or future B-Class-of-Shares (as hereinafter defined) and the Fund's discontinuance of the offering of every existing or future B-Class-of-Shares, which conditions shall be deemed satisfied when they are first complied with hereafter and so long thereafter as they are complied with prior to the earlier of (i) the date upon which all of the B-2 Shares which are Distributor Shares pursuant to Schedule I hereto shall have been redeemed or converted or (ii) May 31, 2005. For purposes of this Section 14.5, the term B-Class-of-Shares means each of the B-1 Class of Shares of the Fund, the B-2 Class of Shares of the Fund and each other class of shares of the Fund hereafter issued which would be treated as Shares under Schedule I hereto or which has substantially similar economic characteristics to the B-1 or B-2 Classes of Shares taking into account the total sales charge, CDSC or other similar charges borne directly or indirectly by the holder of the shares of such class. The parties agree that the existing C Class of Shares of the Fund does not have substantially similar economic characteristics to the B-1 or B-2 Classes of Shares taking into account the total sales charge, CDSC or other similar charges borne directly or indirectly by the holder of such shares. For purposes of clarity the parties to this agreement hereby state that they intend that a new installment load class of shares which may be authorized by amendments to Rule 6(c)-10 under the 1940 Act will be considered to be a B-Class-of-Shares if it has economic characteristics substantially similar to the economic characteristics of the existing B-1 or B-2 Classes of Shares taking into account the total sale charge, CDSC or other similar charges borne directly or indirectly by the holder of such shares and will not be considered to be a B-Class-of-Shares if it has economic characteristics substantially similar to the economic characteristics of the existing C Class of shares of the Fund taking into account the total sales charge, CDSC or other similar charges borne directly or indirectly by the holder of such shares.

  • Termination, Moving You may cancel your acceptance of the Agreement with XOOM at any time prior to midnight of the thirtieth (30th) calendar day after the date of the first bill from your utility that includes XOOM charges for gas supply service without penalty or cancellation fee by calling XOOM at 0-000-000-0000 or by sending an email to xxxxxxxxxxxx@xxxxxxxxxx.xxx. When moving to an address within your local utility’s service territory, XOOM will make every effort to transfer your service to your new service address, provided that you notify XOOM within fifteen (15) days of your move. If a transfer of service is not successful or you move to a location outside your local utility’s service territory, you may cancel this Agreement at no cost to you. Failure to notify XOOM of your move will be considered a cancellation of this Agreement in accordance with its terms.

  • Termination After Change in Control means either of the following events occurring within twelve (12) months after a Change in Control: