Examples of Terminated Agreement in a sentence
For the avoidance of doubt, the termination of the Terminated Agreement will not create any severance or other obligations to Executive.
Upon the Closing, the Company shall have paid all amounts owed under the Terminated Agreements (as a result of the termination of the Terminated Agreements or otherwise), and the Surviving Corporation will not incur any claim, liability or obligation (absolute, accrued, asserted or unasserted, contingent or otherwise) under any Terminated Agreement following the Closing Date.
Each of the parties hereto hereby waives to the fullest extent permitted by applicable law any right it may have to a trial by jury with respect to any litigation directly or indirectly arising out of, under or in connection with this Agreement or any Terminated Agreement.
The commitment of the lenders to make loans under the Terminated Agreement was scheduled to expire on June 26, 2006.
The Terminated Agreement also provided for a facility fee of 0.10% per annum.
Borrowings under the Terminated Agreement bore interest at USD LIBOR plus a margin, which was subject to change from time to time based on the long-term credit rating of Carnival Corporation.
Some of the lenders under the Terminated Agreement and their affiliates have various relationships with Carnival Corporation, Carnival plc and their subsidiaries involving the provision of financial services, including cash management, investment banking and trust services.
The Terminated Agreement contained customary representations, warranties, covenants and events of default.
In the event a Definitive Agreement is terminated as a result of the Board receiving a Superior Offer (such terminated Definitive Agreement, a “Terminated Agreement”) and the Company subsequently executes another Definitive Agreement in respect of such Superior Offer, the Determination Date for purposes of determining the applicable Performance Period pursuant to Section 2 above shall be deemed to be the date the Company entered into the original Definitive Agreement in respect of the Terminated Agreement.
Concurrently with the effectiveness of the Facility Agreement described in Item 2.03 below, Carnival Corporation terminated its previously existing US$1.4 billion revolving credit agreement, dated as of June 26, 2001, as amended on November 17, 2003 (the "Terminated Agreement") with a syndicate of financial institutions, including JPMorgan Chase Bank, Bank of America, N.A., BNP Paribas, Citibank, N.A., Unicredito Italiano - New York Branch, Kreditanstal Fuer Weideraufbau and Sun Trust Banks, Inc.