After Termination Date Sample Clauses

After Termination Date. The conversion rights granted herein to Lender shall continue and be in full force and effect and Lender may exercise all or a portion thereof until 10 business days after the occurrence of the Termination Date. In the event that Maker tenders payment to Lender of all amounts due and owing under the Amended Agreement and/or each executed Secured Promissory Notes or any of the other Loan Documents ("FULL PAYMENT"), Lender may elect to convert all or a portion of the amount of the debt for which Maker has tendered payment by serving Maker with a Conversion Notice as set forth above. In the event that Lender does not timely serve Maker with such a Conversion Notice, the Full Payment shall be deemed accepted, the aggregate amount of the debt due and owing to Lender by Maker shall be reduced by the amount of such Full Payment and the all of Lender's conversion rights shall terminate.
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After Termination Date. If Executive remains employed by the Company through the Termination Date, then, subject to Executive executing and not revoking the Release and not breaching the provisions of Section 10 of the Employment Agreement, (1) Executive shall entitled to receive continued payments at a rate equal to Executive’s current salary rate, for a period commencing on the January 1, 2005 and ending on December 31, 2005, to be paid periodically, less applicable withholding, in accordance with the Company’s standard payroll practices, and (2) the Company shall waive the cost for the Executive to continue Executive’s group medical coverage (including Executive’s group dental and vision coverage but only to the extent that Executive is enrolled in such coverage prior to the Termination Date) with the Company should Executive decide to exercise Executive’s right to do so in accordance with COBRA. Such waiver of cost shall cease upon the earlier of twelve (12) months from the effective date of such coverage or the date on which the Executive obtains equivalent coverage elsewhere.
After Termination Date. The conversion rights granted herein to Lender shall continue and be in full force and effect and Lender may exercise all or a portion thereof until 10 business days after the occurrence of the Termination Date. In the event that Maker tenders payment to Lender of all amounts due and owing under this Agreement and/or each of executed Secured Promissory Notes or any of the other Loan Documents ("FULL PAYMENT"), Lender may elect to convert all or a portion of the amount of the debt for which Maker has tendered payment by serving Maker with a Conversion Notice as set forth above. In the event that Lender does not timely serve Maker with such a Conversion Notice, the Full Payment shall be deemed accepted, the aggregate amount of the debt due and owing to Lender by Maker shall be reduced by the amount of such Full Payment and the all of Lender's conversion rights shall terminate. SECTION EIGHT LENDER'S AND AGENT'S FEES As further consideration and inducement for Lender to provide and hold the Line of Credit available to Maker, Maker will issue to Lender within ten (10) days of the first Note advance Sixty Thousand (60,000) shares of Series A Preferred Stock.
After Termination Date. The conversion rights granted herein to Lender ---------------------- shall continue and be in full force and effect and Lender may exercise all or a portion thereof until 10 business days after the occurrence of the Termination SECOND AMENDMENT TO LINE OF THE CREDIT AGREEMENT BETWEEN DYNA-CAM AND AZTOR EFFECTIVE DATE AUGUST 30, 2003; PAGE 7 OF 11 -------------------------------------------------------------------------------- Date. In the event that Maker tenders payment to Lender of all amounts due and owing under the Amended Agreement and/or each executed Secured Promissory Notes or any of the other Loan Documents ("Full Payment"), Lender may elect to convert all or a portion of the amount of the debt for which Maker has tendered payment by serving Maker with a Conversion Notice as set forth above. In the event that Lender does not timely serve Maker with such a Conversion Notice, the Full Payment shall be deemed accepted, the aggregate amount of the debt due and owing to Lender by Maker shall be reduced by the amount of such Full Payment and the all of Lender's conversion rights shall terminate.

Related to After Termination Date

  • After Termination (a) Termination of this Agreement does not affect any accrued right or liability of either party nor will it affect the coming into force or the continuation in force of any provision of this Agreement that is expressly or by implication intended to come into or continue in force on or after the termination.

  • Earlier Termination Your employment hereunder shall terminate prior to the Initial Term (or any renewal term, in the event of renewal) on the following terms and conditions:

  • Rights After Termination 8.1. Upon and after the expiration or termination of this Agreement:

  • Payments After Termination No payments of money by Tenant to Landlord after the termination of this Lease, in any manner, or after giving of any notice (other than a demand for payment of money) by Landlord to Tenant, shall reinstate, continue or extend the term of this Lease or affect any notice given to Tenant prior to the payment of such money, it being agreed that after the service of notice of the commencement of a suit or other final judgment granting Landlord possession of the Premises, Landlord may receive and collect any sums of rent due, or any other sums of money due under the terms of this Lease or otherwise exercise its rights and remedies hereunder. The payment of such sums of money, whether as rent or otherwise, shall not waive said notice or in any manner affect any pending suit or judgment theretofore obtained.

  • Survival After Termination If this Agreement is terminated in accordance with Section 9.1 hereof and the Transactions contemplated hereby are not consummated, this Agreement shall become void and of no further force and effect, except for the provisions of Section 5.6, Section 5.9 and this Section 9.2 and Article X. None of the parties hereto shall have any liability in the event of a termination of this Agreement, except to the extent that such termination results from the willful violation by such party of its obligations under this Agreement.

  • Obligations after Termination a. Following termination of this Agreement, a Party shall remain liable for all obligations arising hereunder prior to the effective date of termination, including all obligations accrued prior to the effective date, imposed on the Party by this Agreement or the ISO Tariffs or other ISO Related Agreements.

  • Compensation After Termination (i) If the Employment Period is terminated pursuant to Executive’s resignation without Good Reason, death or Incapacity, Executive shall only be entitled to receive his/her Base Salary through the date of termination and shall not be entitled to any other salary, bonus, compensation or benefits from the Company or its Subsidiaries, except as may be required by applicable law.

  • Competition After Termination of Employment The Company shall not pay any benefit under this Agreement if the Executive, without the prior written consent of the Company and within 2 years from the Executive’s Termination of Employment, engages in, becomes interested in, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, or becomes associated with, in the capacity of employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in the trading area (a 50 mile radius) of the business of the Company, which enterprise is, or may deemed to be, competitive with any business carried on by the Company as of the date of termination of the Executive’s employment or retirement. This section shall not apply following a Change in Control.

  • Cooperation With Company After Termination of Employment Following termination of Executive’s employment for any reason, Executive shall fully cooperate with the Company in all matters relating to the winding up of Executive’s pending work including, but not limited to, any litigation in which the Company is involved, and the orderly transfer of any such pending work to such other employees as may be designated by the Company.

  • Other Termination This Agreement may be terminated and the transactions contemplated hereby may be abandoned at any time prior to the Disaffiliation Date by either Party if:

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