Termination Election. Subject to the provisions of Section 2(b):
Termination Election. Under the agreement, public power systems can elect to permanently terminate issuing most new tax-exempt bonds, in return for an exemption from private use rules for all of their existing tax-exempt bonds issued before date of enactment. However, an electing system may continue to issue certain tax-exempt bonds which are described below.
Termination Election. (i) A notice to Executive by the Company will constitute an election by the Company to terminate the Executive's employment (A) 30 days following the date of delivery of the notice if the termination is without Cause and (B) upon the date of delivery of the notice if the termination is with Cause.
Termination Election. Notwithstanding anything herein to the contrary, at the election of each Limited Partner and to the extent specified by such Limited Partner, this Agreement (i) shall cease to have further effect or (ii) shall not apply to an Exchange occurring after a date specified by such Limited Partner.
Termination Election. 9.6(b) Termination Fee.............................................. 9.6(a) Treasury Stock............................................... 2.1(d) Year 2000 Compliant.......................................... 3.19
Termination Election. Purchaser shall not have given notice to Seller of it election to terminate this Agreement with respect to such Construction Residence pursuant to Sections 5.A., 12.B., 12.C., 16.A, 16.B, Seller shall not have given notice to Purchaser pursuant to Section 14.C and neither party shall have given notice of termination pursuant to Sections 18, 20, 21, 22, 23 or 24 hereof.
Termination Election. In the event that any of Purchaser's inspections, examinations, tests or surveys of any Facility reveal any condition or fact (or raises substantial uncertainty with respect to the existence of any such condition or fact) which, results in Purchaser's determination that the Facilities or any one of them, are unsuitable for Purchaser's purposes in Purchaser's sole and absolute discretion, then Purchaser shall give notice to Seller thereof on or before (i) December 28, 1999 with respect to the Tranche A Facilities and (ii) January 25, 2000 with respect to the Tranche B Facilities (the "Review Period") electing to terminate this Agreement with respect to such Facility, whereupon such Facility or Facilities shall be deemed to be deleted from the Facilities to be sold pursuant hereto, this Agreement shall be terminated as to those (and only those) Facilities and Purchaser and Seller shall have no further rights, duties or obligations hereunder with respect to such Facilities. Failure of Purchaser to give notice of a termination election pursuant to this Paragraph 11.B. prior to the expiration of the Review Period shall constitute a waiver of Purchaser's right to terminate this Agreement with respect to any Facilities not so terminated pursuant to this Paragraph 11.B.
Termination Election. Subject to the terms of this Section 23.1, if the final approved estimate of the time to substantially complete the Casualty Restoration exceeds twelve (12) months from the date of the Casualty, or if less than six (6) months shall remain in the Term upon completion of such Casualty Restoration, then, in either of such events Tenant may, at its option, elect to terminate this Lease by giving Landlord written notice thereof no later than fifteen (15) days after the time estimate is finally approved or deemed approved as hereinabove provided, which notice shall specify the effective date of such termination. Subject to the terms of this Section 23.1, if the Casualty occurs during the last twelve (12) months of the Term and the estimated cost of the Casualty Restoration as set forth in Tenant’s Casualty Notice would exceed fifteen percent (15%) of the replacement cost of the Facility (exclusive of excavations, foundations and footings), then Tenant may elect to terminate this Lease, or if such estimated cost would exceed thirty percent (30%) of such replacement costs, then Landlord may elect to terminate this Lease, by giving written notice to the other party no later than fifteen (15) days after the cost estimate is finally approved or deemed approved as hereinabove provided, which notice shall specify the effective date of such termination. If either party elects to terminate this Lease pursuant to this Section 23.1, this Lease shall terminate as of the date specified in the notice of said election, which date shall not be less than thirty (30) nor more than one hundred twenty (120) days after delivery of any such notice from Tenant, and which date shall not be less than sixty (60) nor more than one hundred twenty (120) days after delivery of any such notice from Landlord, and Tenant shall deliver up possession of the Premises to Landlord on or before such termination date and Rent shall be apportioned and paid to the date of delivery of possession or the termination date, whichever is later. Anything in this Lease to the contrary notwithstanding, if the Casualty was caused in whole or in part by the gross negligent or more culpable act or omission of any Tenant Related Party, Tenant may not terminate this Lease pursuant to this Section 23. Any Casualty which may give rise to termination under this Section 23.1 is hereinafter referred to as a “Section 23.1 Casualty”.
Termination Election. 20 (D) Election to Close . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 (E) Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 (F) Rig 16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 1.14 Pre-Closing Inspection . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 1.15
Termination Election. If Purchaser elects to terminate this contract under the loss provisions in (B) above, Purchaser shall so notify Seller in writing at or prior to Closing.
