Wind Down Notice definition

Wind Down Notice is defined in Section 7.19(b).

Wind Down Notice means a notice given by the Issuer terminating its commitment to purchase Receivables from the Sellers in accordance with the terms of the Receivables Purchase Agreement;

Wind Down Notice shall have the meaning set forth in Section 12.01.

Examples of Wind Down Notice in a sentence

• After the date hereof, Buyer will deliver to Seller the Wind Down Notice.

• In the event that a Wind Down Notice is given pursuant to this Section 12.01, this Agreement shall wind down over the remaining [***].

• Notwithstanding any Wind Down Notice being given by a Party pursuant to this Section 12.01, the Parties shall continue to perform their respective obligations hereunder in accordance with the then-current Rolling Forecast until the last day of [***].

• After Buyer has delivered to the Seller the Wind Down Notice, Seller shall permit Buyer, on a mutually agreed Business Day, which is at least sixty (60) days prior to the Wind Down Date, to inspect the Barges' hulls in accordance with the Hull Test Guidelines to determine if the Barges' still meet the Baseline Hull Condition.

• If Seller has not received the Wind Down Notice on or prior to January 1, 2011, then, notwithstanding anything herein to the contrary, Seller may, at its election, establish the target Closing Date as of a Business Day on or after April 1, 2011, by giving the Closing Notice to Buyer at least seventy-five (75) days prior to the expected Closing Date.

• If, for a Terminating Leased Property, (a) a Transfer Notice has not been delivered by the Transfer Notice Deadline and Tenant has delivered the Wind Down Notice therefor, or (b) Lessor delivers a Transfer Notice but fails to close the transfer of such Terminating Leased Property by Lessor’s Outside Closing Date, then Tenant may immediately commence the Facility Termination for such Terminating Leased Property in accordance with the Master Leases and this Agreement.

• Following delivery of the Wind Down Notice, Buyer may solicit the DR Employees for employment, provided, however, that (absent Seller's written consent, which shall not be withheld unreasonably) no DR Employees shall commence employment with the Buyer or its Affiliates until the later to occur of the Closing Date or the Second Closing Date (if applicable).

More Definitions of Wind Down Notice

Wind Down Notice means that written notice by Buyer to Seller pursuant to which Buyer instructs Seller to dismantle and decommission the Barges and prepare for delivery of the Barges to Buyer as required herein.

Wind Down Notice shall have the meaning set forth in Section 6.01(a). Amended and Restated Master Credit Facility Agreement Definitions EDR Credit Facility (2009 Additions)

Wind Down Notice shall have the meaning set forth in Section 6.01(a).

Wind Down Notice is defined in Section 15.5.