Termination of the Obligations Sample Clauses

Termination of the Obligations. The obligations of the Servicer, the Seller and the Owner Trustee under this Agreement will terminate upon the earlier of the maturity or other liquidation of the last outstanding Receivable and the disposition of any amounts received upon liquidation of any remaining Receivables and the payment to the Noteholders and distribution to the Certificateholders by the Trust of all amounts required to be paid or distributed to them under the Indenture and the Trust Agreement.
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Termination of the Obligations. Effective as of the Closing Date, the obligations due and owing under the Debenture shall be terminated.
Termination of the Obligations. Effective as of the Closing Date, the obligations due and owing under the Junie Franchise Agreement and the Myrick Franchise Agrexxxxx are terminated, including but not limited to the franchise fees due thereunder and the support obligations on the part of Health Franchise and Health Express referenced therein.

Related to Termination of the Obligations

  • Conditions to the Obligation of the Company The obligation of the Company to effect the Merger shall be subject to the satisfaction or waiver prior to the Effective Time of the following additional conditions:

  • Termination Obligations (a) Director agrees that all property, including, without limitation, all equipment, tangible proprietary information, documents, records, notes, contracts, and computer-generated materials provided to or prepared by Director incident to the Services and his membership on the Company’s Board of Directors or any committee therefore the sole and exclusive property of the Company and shall be promptly returned to the Company at such time as the Director is no longer a member of the Company’s Board of Directors.

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