Total Loss Termination definition

Total Loss Termination means a Termination pursuant to the provisions of paragraph (a) (Total Loss Termination) of Clause 57 (Total Loss).
Sample 1Sample 2Sample 3
Total Loss Termination means a termination of the Charter Period pursuant to the provisions of Clause 55(a).60. Fees and expenses
Sample 1Sample 2Sample 3
Total Loss Termination means a termination of the Charter Period pursuant to the provisions of Clause 55(a).
Sample 1

Examples of Total Loss Termination in a sentence

  • In relation to a Series which comprises Lease Assets, following the occurrence of a Total Loss Termination Event, the Sukuk will be redeemed and the Trust dissolved by the Trustee on the date notified by the Principal Paying Agent (the “Total Loss Dissolution Date”) in a notice given to the Sukukholders in accordance with Condition 18 (Notices).

  • Subject to Condition 8.5 (Cessation of Profit Entitlement), Condition 12.2 (Early Dissolution for Tax Reasons), Condition 12.3 (Dissolution following a Total Loss Termination Event) and Condition 16 (Dissolution Event), and unless otherwise specified in the applicable Pricing Supplement, each Periodic Distribution Amount will be paid in respect of the relevant Sukuk in arrear on each Periodic Distribution Date.

  • GPA Activity Area 2Programmes/projects/activities on in situ conservation of Wild Crop Relatives and Wild Plants for Food and Agriculture have so far been poor in Bangladesh.

  • However, as HUD recognizes that not all PHAs will have vouchers sufficient to support this effort, HUD will provide ranking factor points where a voucher agency has committed to provide vouchers to thecovered PBRA project of a PHA without a voucher program.

  • In these Conditions, Termination Date means any of the Scheduled Termination Date, Total Loss Termination Date and any date specified by the Certificateholders’ Agent in accordance with Condition 12 and Termination Distribution Amount in relation to a Certificate means its outstanding face amount plus all accrued and unpaid Periodic Distribution Amounts in respect of such Certificate.

  • Where the Wakala Sukuk Assets comprises Lease Assets, upon the occurrence of a Total Loss Termination Event, the Certificates will be redeemed and the Trust dissolved by the Trustee on the date notified by the Principal Paying Agent (the “Total Loss Dissolution Date”) in a notice given to the Certificateholders in accordance with Condition 17 (Notices).

  • The Trust may also be dissolved prior to the Scheduled Dissolution Date upon the occurrence of a Revocation Event and/or a Total Loss Termination Event in the circumstances described in Condition 11(e) (Capital Distributions of the Trust — Dissolution following a Total Loss Termination Event) and Condition 11(f) (Capital Distributions of the Trust — Dissolution following a Revocation Event).

  • Dissolution following a Revocation Event and/or a Total LossTermination Event:In relation to each Series: (a) the occurrence of a Revocation Event; or (b) the occurrence of a Total Loss Termination Event, will result in the redemption of the Sukuk and the consequent dissolution of the Trust.

Related to Total Loss Termination

  • Disability Termination means the termination of a Participant’s employment under the disability provisions of the Participant’s Employment Agreement or, if the Participant is not a party to an Employment Agreement, then as a result of a “Disability” as defined in the Plan.

  • Event of Termination has the meaning specified in Section 7.01.

  • Company Termination Event means any of the following:

  • Terminating Event means any of the following events:

  • 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.

  • Potential Termination Event means an event which, with the giving of notice and/or the lapse of time, would constitute a Termination Event.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Lender shall have been made).

  • Termination Fee Event has the meaning ascribed thereto in Section 5.2(a);

  • Availability Termination Date the earlier of (i) the date that is the seventh anniversary of the Closing Date and (ii) the date on which the Administrative Agent delivers to the Servicer a notice of termination as a result of a Termination Event in accordance herewith (or the date on which such termination becomes effective automatically pursuant to Section 7).

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Voluntary Termination means the termination by Executive of Executive's employment following a Change in Control which is not the result of any of clauses (i) through (v) set forth in the definition of Involuntary Termination above.

  • Early Termination Event has the meaning specified in Section 9.2.

  • POS Terminal or ‘Point-of-Sale Terminal’ means an electronic device used by a Retailer to authorise and accept a Card Transaction.

  • Swap Termination Event means the occurrence of a “Termination Event” under the Swap Agreement, as defined in the Swap Agreement.]

  • Involuntary Termination Without Cause means Executive’s dismissal or discharge by the Company other than for Cause. The termination of Executive’s employment as a result of Executive’s death or disability will not be deemed to be an Involuntary Termination Without Cause.

  • 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”).

  • Termination for Good Reason means a Termination of Employment by Executive for a Good Reason.

  • Lease Termination Date means the last day of the Lease Term.

  • Termination for Just Cause means termination because of Executive’s personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provision of this Agreement.

  • Data Loss Event means any event that results, or may result, in unauthorised access to Personal Data held by the Contractor under this Agreement, and/or actual or potential loss and/or destruction of Personal Data in breach of this Agreement, including any Personal Data Breach.

  • Unmatured Termination Event means an event that, with the giving of notice or lapse of time, or both, would constitute a Termination Event.

  • Constructive Termination means:

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

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Total Loss Date means, in relation to a Ship: