Xxxxxx Termination Date definition

Xxxxxx Termination Date means the date on which (i) Xxxxxx ceases to be willing or able to provide the services provided for in the Consulting Agreement, or is otherwise in default thereunder, (ii) Xxxxxx’x Percentage Share shall equal less than twenty-five percent (25%) or (iii) any of the Xxxxxx Members are in monetary or material non-monetary default under any of the Joint Venture Documents beyond any applicable notice and cure period; provided, that if a termination under clause (i) above is disputed, then such dispute shall be submitted to arbitration under Section 12.3 and no Xxxxxx Termination Date shall be deemed to have occurred unless the Arbitrator finds that such termination was valid.
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Xxxxxx Termination Date means the date on which (i) Xxxxxx ceases to be willing or able to provide the services provided for in the Consulting Agreement, or is otherwise in default thereunder, (ii) Xxxxxx’x Percentage Share shall equal less than twenty-five percent (25%) or (iii) Xxxxxx (or any other Xxxxxx Member as defined in the TUP 130 LLC Agreement and TUP 330 LLC Agreement) is in monetary or material non-monetary default under any of the Joint Venture Documents beyond any applicable notice and cure period; provided, that if a termination under clause (i) above is disputed, then such dispute shall be submitted to arbitration under Section 12.3 and no Xxxxxx Termination Date shall be deemed to have occurred unless the Arbitrator finds that such termination was valid.
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Xxxxxx Termination Date means the earliest to occur of the date: (a) the Xxxxxx X. Xxxxxx, M.D. Inc. Retirement Trust Fund (the “Xxxxxx Trust”) owns of record less than 10,000 shares of Series A Preferred; (b) the OCC, the FRB or any other applicable regulatory agency or body issues any order or directive to the effect that Xxxxxx may not, or otherwise advises NMB or SBB in writing that Xxxxxx should not, be a director of SBB; (c) the date Xxxxxx becomes subject to any matter described in Item 401(f) of Regulation S-K which would be required to be disclosed in a proxy statement filed with the SEC under Section 14 of the Securities Exchange Act of 1934, as amended (and regardless of whether SBB files proxy statements under such Section 14); or (d) the death or disability of Xxxxxx.
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Examples of Xxxxxx Termination Date in a sentence

  • Additionally, the Management Company and Xxxxxx shall enter into the Consulting Agreement which shall remain in effect until the earlier to occur of (a) the third (3rd) anniversary of the Effective Date and (b) a Xxxxxx Termination Date.

  • Additionally, the Management Company and Xxxxxx shall ACTIVE 203377426v.6 enter into the Consulting Agreement which shall remain in effect until the earlier to occur of (a) the third (3rd) anniversary of the Effective Date and (b) a Xxxxxx Termination Date.

  • Xx. Xxxxx shall be eligible to participate in the Employee Outplacement Program, which program shall not be less than six (6) months duration measured from Xx. Xxxxx'x Termination Date.

  • Any amount of Escrowed Cash that is subject to an Indemnification Notice on the Xxxxxx Termination Date (the “Disputed Escrowed Cash”) shall remain in the Xxxxxx Escrow Account until released pursuant to Section 3.1 hereof.

  • Subject to the provisions of Section 3.5 below, the Escrow Agent shall hold and safeguard the Escrowed Cash and the Escrowed Shares until the Xxxxxx Termination Date or the General Escrow Termination Date (each, as defined in Section 7 below) or earlier distribution in accordance with this Agreement.

  • Any amounts due under this Agreement shall be paid in one (1) lump sum payment as soon as administratively practicable following the later of: (i) Xx. Xxxxx'x Termination Date, or (ii) upon Xx. Xxxxx'x tender of an effective Waiver and Release to the Company in the form of Exhibit A attached hereto and the expiration of any applicable revocation period for such waiver.


More Definitions of Xxxxxx Termination Date

Xxxxxx Termination Date shall have the meaning specified in ----------------------- Section 2.1(d).
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Xxxxxx Termination Date shall have the meaning set forth in Section 10.3.3.
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Xxxxxx Termination Date means the date that Carter's employment pursuant to the Xxxxxx Employment Agreement is terminated by PW Funding for Cause (as that term is defined in the Xxxxxx Employment Agreement) or by Xxxxxx other than for Good Reason (as that term is defined in the Xxxxxx Employment Agreement).
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Related to Xxxxxx Termination Date

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

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

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

  • 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.

  • 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.

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

  • Agreement Termination Date is defined in Section 7.4.

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

  • Event Termination Date See Section 2(e) hereof.

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

  • 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.

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2 and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, May 18, 2009 (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Accrual Termination Date Not applicable.

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

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

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate 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 Administrative Agent and the L/C Issuer shall have been made).

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

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

  • Series Termination Date means, with respect to any Series of Notes, the date specified as such in the applicable Series Supplement.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Accretion Termination Date As defined in the Series Supplement.

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.