Renewal Rescission definition

Renewal Rescission is defined in Section 4.7(a) of the Participation Agreement.
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Renewal Rescission is defined in Section 4.7 of the Transaction Agreement.
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Examples of Renewal Rescission in a sentence

  • If Lessee exercises a Renewal Rescission, the Lease shall terminate on the last day of the Term and Lessee shall be deemed to have exercised the Purchase Option.

  • Any failure by Lessee to exercise a Renewal Rescission during the Renewal Rescission Period shall be deemed a waiver of the right of Lessee to effectuate a Renewal Rescission and, subject to Section 4.7(c), Lessee shall have been deemed to have accepted the Participants’ respective terms and conditions to their respective consents to the Renewal Option Request.

  • Any failure by Lessee to exercise a Renewal Rescission during the Renewal Rescission Period shall be deemed a waiver of the right of Lessee to effectuate a Renewal Rescission and Lessee shall have been deemed to have accepted Participant’s consent to the Renewal Option Request and any terms and conditions set forth therein.

  • Other monthly charges: None Total Price (in cents/kWh) with other monthly charges: N/A Length of contract: 12 months Price after the initial price: N/A Early Termination Fee: $0.00 Contract Renewal: No Automatic Renewal Rescission: You have a right to rescind (stop) your enrollment within 10 days after your utility has received your order to switch suppliers.

  • In such case: (i) any otherwise remaining Renewal Options under Article 34 shall thereupon be automatically deleted, and (ii) at Landlord’s sole option, Landlord may elect (“Short Term Extension Election”) to extend the then current Expiration Date of this lease to be the day (“New Final Expiration Date”) that is the last day of the eighteenth (18th) full calendar month following the date on which Tenant delivers the Renewal Rescission Notice to Landlord.

  • XVII.4.2.3 In the event that the Renewal FMRV is determined in accordance with arbitration pursuant to Section 16.21 to be the Renewal FMRV set forth in Landlord's Renewal Rent Notice, then Tenant shall have the right to rescind Tenant's Renewal Notice given in accordance with Section 17.2; provided that, no later than 10 days after such determination, Tenant provides written notice ("Tenant's Renewal Rescission Notice") to Landlord exercising the aforesaid recision right.

  • Any failure by Lessee to exercise a Renewal Rescission during the Renewal Rescission Period shall be deemed a waiver of the right of Lessee to effectuate a Renewal Rescission and Lessee shall have been deemed to have accepted Lessor’s consent to the Renewal Option Request and any terms and conditions set forth therein.

  • In order to make such Short Term Extension Election, Landlord shall so notify Tenant within ten (10) Business Days after receiving Tenant’s Renewal Rescission Notice.

  • In the event Tenant timely delivers Tenant's Renewal Rescission Notice to Landlord, time being of the essence, then Tenant shall be deemed not to have timely delivered the Renewal Notice pursuant to the provisions of this Article XVII, and the terms and provisions of Section 17.6 shall thereafter apply.

Related to Renewal Rescission

  • Revocation means the termination by action of the department of a person's driver's license,

  • Renewal means the process by which a permit is reissued at the end of its term.

  • Non-Renewal shall have the meaning set forth in Paragraph 2(b) hereof.

  • Notice of Appeal means a notice given pursuant to Condition 6.2.

  • Nonrenewal means the termination of a term contract at the end of the contract period.

  • Notice of Settlement means the form attached hereto as Exhibit A.

  • Notice of Revocation means, in connection with the revocation by a Beneficial Owner or its Agent Member of its Notice of Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent indicating an intention to revoke the tender of some or all of the VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.

  • Renewal Application means a document used to collect pertinent data for renewal of permits

  • Threat of Release means a substantial likelihood of a Release that requires action to prevent or mitigate damage to the Environment that may result from such Release.

  • Extension has the meaning specified in Section 2.18(a).

  • Automatic Renewal Terms with TIPS Members Certification Regarding "Indemnity" Terms with TIPS Members Certification Regarding "Arbitration" Terms with TIPS Members

  • Successful Respondent means an organization that receives a grant award as a result of this RFA. May also be referred to as "Grantee, ""Awarded Applicant," "Subrecipient" or "Grant Recipient."

  • Notice of Extension has the meaning specified in Section 2.20.

  • Penalty Notice means a notice given to a Person pursuant to section 5 of this By-law;

  • Notice of Intent to Cure has the meaning specified in Section 6.02(b).

  • Renewal Notice As defined in Section 1.4(a).

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Nonrenewal Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Notice of Renewal has the meaning specified in Section 2.01(b).

  • Discontinuance Notice means the written Notice sent by the Billing Party to the other Party that notifies the Non- Paying Party that in order to avoid disruption or disconnection of the Interconnection Services, furnished under this Agreement, the Non-Paying Party must remit all Unpaid Charges to the Billing Party within fifteen (15) calendar days following receipt of the Billing Party’s Notice of Unpaid Charges.

  • Breach Notice has the meaning specified in Section 8.2(a);

  • License Revocation means the revocation, failure to renew or suspension of, or the appointment of a receiver, supervisor or similar official with respect to, any Gaming License covering any Gaming Facility owned, leased, operated or used by the Borrowers or the Restricted Subsidiaries.

  • Trial Period means the period from the first release of the GMO until the termination of the trial;

  • Notice of Special Rate Period means any notice with respect to a Special Rate Period of shares of MuniPreferred pursuant to subparagraph (d)(i) of Section 4 of Part I of this Statement.

  • Notice of Violation means a written notice prepared by an enforcement official that informs a responsible person of code violations and orders them to take certain steps to correct the violations.

  • Alternate Judgment means a form of final judgment that may be entered by the Court herein but in a form other than the form of Judgment provided for in this Stipulation.