Sale Termination definition

Sale Termination means (i) the termination (as defined above) of the Executive's employment with Xxxxx Golf by the Employer or its successors for any reason other than cause on or before September 30, 2001 and at a time in which the following is anticipated or actually takes place: (i) a majority of the capital stock of Xxxxx Golf is sold or transferred to an unaffiliated entity, or (ii) substantially all of the assets of Xxxxx Golf are sold or transferred to an unaffiliated entity, or
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Sale Termination means a Termination of Employment with the Company or a Subsidiary of the Company in connection with:
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Sale Termination means (1) within one year from the date this contract is entered into, the Executive is terminated (as defined above) without cause (as defined above); and (2) at the time of termination, the following is imminently anticipated or actually takes place:
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Examples of Sale Termination in a sentence

  • A signed copy of this Agreement delivered electronically shall be deemed to have the same legal effect as delivery of an original signed copy of this Agreement.Signature Page FollowsIN WITNESS WHEREOF, the parties have executed this Omnibus Assignment and Assumption Agreement/Bill of Sale/Termination of Lease Agreement as of the date first written above.

  • If the aggregate of (A) and (B) above is less than the amount that would be payable to the Synthetic Transaction Counterparty in connection with the Sale/Termination of a Short Paired Hedge Transaction, then such Sale/Termination shall only be effected in respect of a proportion of the relevant Short Paired Hedge Transaction such that the aggregate of (A) and (B) is greater than or equal to the amount that would be payable to the Synthetic Transaction Counterparty in connection with such Sale/Termination.

  • If on any Business Day, payments are due in connection with the termination of any Long Synthetic where the Issuer is the sole Affected or the sole Defaulting Party, such payments will be made (i) first, from the Sale/Termination of Eligible Investments standing to the credit of the Long Collateral Account, and (ii) second, according to clause (5) of "Description of the Senior Notes—Priority of Payments—Interest Proceeds".


More Definitions of Sale Termination

Sale Termination means one of the following:
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Sale Termination. Should the Sale to SFL be terminated: The following two options exist:
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Related to Sale Termination

  • Agreement Termination Date is defined in Section 7.4.

  • Eligible Termination means the involuntary termination of Participant’s employment without Cause, provided that at the time of such termination Participant is a Senior Officer and has completed at least ten (10) years of service as a Senior Officer.

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

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

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • 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.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Share Termination Settled” in relation to the Transaction means that Share Termination Alternative is applicable to the Transaction.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

  • Company Termination Event means any of the following:

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Normal Termination means termination of employment or service with the Company and Affiliates:

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Qualified Termination has the meaning set forth in Section 4(b).

  • Without Cause Termination or “Terminated Without Cause” means termination of the Executive’s employment by the Company other than due to death, disability, or Termination for Cause.

  • Involuntary Termination means a termination of your employment with the Company pursuant to either (i) a termination initiated by the Company without Cause, or (ii) your resignation for Good Reason, and provided in either case such termination constitutes a Separation from Service. An Involuntary Termination does not include any other termination of your employment, including a termination due to your death or disability.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Termination or “Terminated” means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor or advisor to the Company or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by the Committee; provided, that such leave is for a period of not more than 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company or a Parent or Subsidiary of the Company as it may deem appropriate, except that in no event may an Award be exercised after the expiration of the term set forth in the applicable Award Agreement. The Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the “Termination Date”).

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Post-Termination Period means the twelve (12) month period beginning on the Termination Date.

  • Optional Termination The termination of the trust created hereunder in connection with the purchase of the Mortgage Loans pursuant to Section 9.01(a) hereof.

  • Qualifying Termination means a termination of Executive’s employment (i) by the Company other than for Cause or (ii) by Executive for Good Reason. Termination of Executive’s employment on account of death, Disability or Retirement shall not be treated as a Qualifying Termination.

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