Common use of Term & Automatic Termination Clause in Contracts

Term & Automatic Termination. This Agreement shall commence as of the Memorandum Date and will automatically terminate, without the requirement for further action by any Party, upon the Offering Termination Date; provided, however, that this Agreement may be terminated at an earlier date by the Dealer Manager or by the Company pursuant to this Section 11 (the date upon which this Agreement automatically terminates or is earlier terminated by a Party hereto is referred to herein as the “Termination Date”).

Appears in 2 contracts

Sources: Dealer Manager Agreement (Steele Creek Capital Corp), Dealer Manager Agreement (Steele Creek Capital Corp)