Effect of Termination Notice. Where Network Rail or the Train Operator has served a Termination Notice on the other:
Effect of Termination Notice. Where the CVL IM or the Train Operator has served a Termination Notice on the other:
Effect of Termination Notice. Where Network Rail or Nexus has served a Termination Notice on the other:-
Effect of Termination Notice. Where the CVL IM or the Train Operator has served a Termination Notice on the other: the service of the Termination Notice shall not affect the parties’ continuing obligations under this contract up to the date of termination, which date shall be determined in accordance with paragraph 3.4(c); the party which has served the Termination Notice shall withdraw it by notice to the other party, upon being reasonably satisfied that the relevant Event of Default has been remedied; and this contract shall terminate on the later of: the date and time specified in the Termination Notice for the contract to terminate (or such later date and time as the party which served the Termination Notice notifies to the other before the date and time so specified); and the date on which a copy of the Termination Notice is given to XXX.
Effect of Termination Notice. (a) After receipt by the Trust Cash Manager or relevant Co-Trust Cash Manager of a Termination Notice pursuant to Clause 11.1, and on the date that a Successor Trust Cash Manager shall have been appointed by the Receivables Trustee pursuant to Clause 11.3, all authority and power of the Trust Cash Manager and any Co-Trust Cash Managers under this Deed shall pass to and be vested in a Successor Trust Cash Manager and, without limitation, the Receivables Trustee is hereby appointed, authorised and empowered (upon the failure of the Trust Cash Manager or any Co-Trust Cash Manager to cooperate in a timely manner) in order to secure the performance of the Trust Cash Manager or relevant Co-Trust Cash Manager in so doing to execute and deliver, on behalf of the Trust Cash Manager or relevant Co-Trust Cash Manager, as its attorney, all documents, records and other instruments upon the failure of the Trust Cash Manager or relevant Co-Trust Cash Manager to execute or deliver such documents, records or instruments, and to do and accomplish all other acts or things necessary or appropriate to effect the purposes of such transfer of such Trust Cash Manager or Co-Trust Cash Manager's rights and obligations;
Effect of Termination Notice. (a) After receipt by the Servicer or any Co-Servicer of a Termination Notice pursuant to Clause 4.1, and on the date that a Successor Servicer shall have been appointed by the Beneficiaries pursuant to Clause 4.3, all authority and power of the Servicer and any Co-Servicer under this Agreement shall pass to and be vested in a Successor Servicer and, without limitation, each Beneficiary is hereby appointed, authorised and empowered (upon the failure of the Servicer or any Co-Servicer to cooperate in a timely manner) in order to secure the performance of the Servicer or any Co-Servicer in so doing to execute and deliver, on behalf of the Servicer or any Co-Servicer, as its attorney, all documents, records and other instruments upon the failure of the Servicer or Co-Servicer to execute or deliver such documents, records or instruments, and to do and accomplish all other acts or things necessary or appropriate to effect the purposes of such transfer of servicing rights and obligations;
Effect of Termination Notice. In the event that notice under Section 8.3 is given, and thereupon this Agreement shall terminate. In such case, the Borrower shall pay to the Lender on the Desired Termination Date, in accordance with the provision of Section 14, all obligations it owes to the Lender pursuant to this Agreement. Until the Borrower completes the performance of all obligations it owes to the Lender under this Agreement, the relevant provisions of this Agreement regarding the performance of such obligations shall remain in full force and effect.
Effect of Termination Notice. Where the CVL IM or the Train Operator has served a Termination Notice on the other: the service of the Termination Notice shall not affect the parties' continuing obligations under this contract up to the date of termination, which date shall be determined in accordance with paragraph 3.4(c); the party which has served the Termination Notice shall withdraw it by notice to the other party, upon being reasonably satisfied that the relevant Event of Default has been remedied; and this contract shall terminate on the later of: the date and time specified in the Termination Notice for the contract to terminate (or such later date and time as the party which served the Termination Notice notifies to the other before the date and time so specified); and the date on which a copy of the Termination Notice is given to XXX. Consequence of termination Directions regarding location of Specified Equipment Immediately before, upon or following termination or expiry of this contract, the Train Operator shall comply or procure compliance with all reasonable directions given by the CVL IM concerning the location of the Specified Equipment.
Effect of Termination Notice. 13 4.3 Appointment Of Successor...............................................................14 4.4
Effect of Termination Notice. Where Nexus or the Train Operator has served a Termination Notice on the other:
