Waiver Term definition

Waiver Term means the period commencing with the date of this Amendment and Waiver Agreement and ceasing on a case by case basis for each MSR Property Portfolio Services Agreement applicable to the Property Portfolio assets acquired in each Transaction, immediately upon the earlier of: (i) the termination of the term of the Seller Property Portfolio Financing for the relevant Transaction (which term is not to be later than November 30, 2021 for the Transaction that closes on the Effective Date of the Amendment and Waiver Agreement and with respect to the Additional Properties shall not exceed five (5) years after the applicable Transaction Date; (ii) the occurrence of the refinancing (by any means, form or vehicle), expiration or other termination of the Seller Portfolio Financing in respect of the applicable Transaction; or (iii) at such time as: (x) the relevant MSR Property Portfolio Services Agreement is terminated or expires (but in no case shall the term of the MSR Property Portfolio Services Agreement be renewed, extended or otherwise continued by Residential or the Surviving Entity) or (y) any of the services provided by Main Street Renewal pursuant to the MSR Property Portfolio Service Agreement for any portion of the Seller Property Portfolio are terminated by either party to the relevant MSR Property Portfolio Service Agreement.
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Waiver Term shall be the period commencing upon the effectiveness of this Fifth Amendment and ending on July 15, 2000. The provisions of Sections 8 and 12 of the February Waiver Letter Agreement shall continue in effect during the Waiver Term as if the phrase "Waiver Period" used therein was replaced with the phrase "Waiver Term" as defined herein.
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Waiver Term is defined in Section 6 hereof.
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Examples of Waiver Term in a sentence

  • This Agreement may be continued and the Waiver Term may be extended for additional periods as agreed to in writing by the parties.

  • This Agreement may be terminated by the Trust on behalf of the Fund at any time by action of the Trust's Board of Trustees and by FTA after the expiration of the Waiver Term upon sixty (60) days' written notice to the other party.

  • This Agreement may be terminated by the Trust on behalf of the Fund at any time by action of the Trust’s Board of Trustees and by FTA after the expiration of the Waiver Term upon sixty (60) days’ written notice to the other party.

  • This Agreement shall be effective as of June 16, 2017 and shall continue until June 16, 2019 (the "Waiver Term").

  • This Agreement shall be effective as of November 1, 2018 and shall continue until November 1, 2020 (the "Waiver Term").

  • This Agreement shall be effective as of October 26, 2017 and shall continue until October 26, 2019 (the "Waiver Term").

  • The provisions of Sections 8 and 12 of the February Waiver Letter Agreement shall continue in effect during the Waiver Term as if the phrase "Waiver Period" used therein was replaced with the phrase "Waiver Term" as defined herein.

  • To the extent Main Street Renewal does not internally provide Sales and Settlement Services for the Seller Portfolio Properties and instead outsources to any third party that is not an Affiliate (including any third party contractor) any such Sales and Settlement Services for properties in the Seller Property Portfolio during the Waiver Term, Residential shall cause Main Street Renewal to outsource such Sales and Settlement Services to Altisource or its Affiliates on an exclusive basis.

  • Whether the Debtors could negotiate further pension funding waivers with the IRS on the same or any terms is not known o Second IRS Pension Funding Waiver Term.

  • Deadline of Debtors’ exclusive right to file a plan of reorganization absent Court approval of an extension • February 29, 2008 o First IRS Pension Funding Waiver Term.


More Definitions of Waiver Term

Waiver Term means the period beginning as of the Second Amendment ------------ Effective Date and ending on the earlier of: (i) December 31, 1999: or (ii) termination by mutual agreement of the parties.
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Waiver Term is defined in Section 10 hereof.
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Related to Waiver Term

  • Order Term means the period of time starting on the Services Start Date for the Services and continuing for the period indicated on the Order Form unless terminated in accordance with the Agreement.

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • Term Start Date has the meaning set forth in Section 1.01.

  • Initial Term has the meaning set forth in Section 7.1.

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • First Amendment Closing Date has the meaning assigned to such term in the First Amendment.

  • Additional Closing Date has the meaning set forth in Section 3.

  • Second Amendment Closing Date has the meaning assigned to such term in the Second Amendment.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Third Amendment Closing Date has the meaning assigned to such term in the Third Amendment.

  • Fourth Amendment Closing Date the date on which all the conditions precedent set forth in Section 3 of the Fourth Amendment shall be satisfied or waived.

  • Second Closing Date means the date of the Second Closing.

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

  • Forbearance Termination Date means the earlier to occur of (i) the Termination Date and (ii) a Termination Event.

  • Waiver Period ’ means, for each applicable fee, the period of time from the initial effective date of the MIAX Emerald Fee Schedule until such time that the Exchange has an effective fee filing establishing the applicable fee. The Exchange will issue a Regulatory Circular announcing the establishment of an applicable fee that was subject to a Waiver Period at least fifteen (15) days prior

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Resolution Extension Period As defined in Section 2.03(b).

  • Extension Date has the meaning specified in Section 2.19(b).

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.