Examples of Accelerated Termination Date in a sentence
During the period between the date on which notice of the Event of Change is received and the designated Accelerated Termination Date, both parties shall make reasonable efforts to avoid the situation so that the performance of this Agreement can continue with respect to those Transactions affected by the Event of Change; provided that this Section 7(a) will not impose on either party any obligation other than to negotiate in good faith to make arrangements that will not adversely affect such party.
An amount equal to the reasonable costs or expenses of the Issuer, its agents or affiliates in connection with holding of such amounts or securities after the Accelerated Termination Date for the full period of such holding (including reimbursement of any internal costs) shall be deducted from the amount otherwise payable (or deliverable) to the Noteholder hereunder.
Notwithstanding Section 6(b) of the Agreement, the Accelerated Termination Date shall be deemed to have been designated as the Early Termination Date in respect of this Transaction.
For the avoidance of doubt, on the occurrence of the Accelerated Termination Date, no amount shall be payable pursuant to Section 6(e) of the Agreement.
For the avoidance of doubt, the Company’s acceleration of the effective date of such termination in accordance with the foregoing proviso shall not affect or limit any obligation of the Company to pay any Management Fee otherwise payable in accordance with the terms of this Agreement in respect of the period between the Accelerated Termination Date and the date on which the Initial Term or then current Automatic Renewal Term would have otherwise expired.