Voluntary Early Terminations Sample Clauses

Voluntary Early Terminations. If under any Lease the Lessee exercises its option to terminate such Lease prior to its Scheduled Lease End Date, the Servicer shall, on behalf of ACOLT, give instructions to VAULT to convey title to the related Leased Vehicle to the Person purchasing the related Leased Vehicle. If neither the Lessee nor the Dealer purchases the related Leased Vehicle, the Servicer shall, as soon as reasonably practicable, consign such Leased Vehicle to a motor vehicle wholesale or retail dealer for resale, sell such Leased Vehicle at a private or public sale or take other commercially reasonable actions in order to dispose of such Leased Vehicle. In connection with the sale of any Leased Vehicle in accordance with this Section 2.04, the Servicer shall, on behalf of ACOLT, give instructions to VAULT to convey title to such Leased Vehicle to the purchaser thereof.
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Voluntary Early Terminations. If under any Series 20 -SN Lease the Lessee exercises its option to terminate such Series 20 -SN Lease prior to its Scheduled Lease End Date, the Servicer shall, on behalf of COLT, give instructions to VAULT to convey title to the related Vehicle to the Person purchasing the related Vehicle. If neither the Lessee nor the Dealer purchases the related Vehicle, the Servicer shall, as soon as reasonably practicable, consign such Vehicle to a motor vehicle wholesale or retail dealer for resale, sell such Vehicle at a private or public sale or take other commercially reasonable actions in order to dispose of such Vehicle. In connection with the sale of any Vehicle in accordance with this Section 2.04, the Servicer shall, on behalf of COLT, give instructions to VAULT to convey title to such Vehicle to the purchaser thereof.
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Voluntary Early Terminations. 5 SECTION 2.05 Realization Upon Defaulted Series 2007-SN1 Lease Assets.. 5 SECTION 2.06 Scheduled Expiration of Series 2007-SN1 Leases........... 5 SECTION 2.07 Payment and Reimbursement of Liquidation Expenses........ 6 SECTION 2.08 Maintenance of Insurance Policies........................ 6
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Voluntary Early Terminations. 4 SECTION 2.05 Realization Upon Defaulted Lease Assets........................................ 4 SECTION 2.06 Scheduled Expiration of Series 200 - Leases................................. 5 SECTION 2.07 Payment and Reimbursement of Liquidation Expenses.............................. 5 SECTION 2.08 Third Party Claims............................................................. 5 SECTION 2.09 Maintenance of Insurance Policies.............................................. 5
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Voluntary Early Terminations. If under any Series 200_-__ Lease the Lessee exercises its option to terminate the Series 200_-__ Lease prior to the Scheduled Lease End Date of such Series 200_-__ Lease, the Servicer shall, on behalf of COLT, give instructions to VAULT to convey title to the related Vehicle to the Person purchasing the related Vehicle. If neither the Lessee nor the Dealer purchases the related Vehicle, the Servicer shall, as soon as reasonably practicable, consign such vehicle to a motor vehicle wholesale or retail dealer for resale, sell such Vehicle at a private or public sale or take other commercially reasonable actions in order to dispose of such Vehicle.
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Related to Voluntary Early Terminations

  • Automatic Early Termination The "Automatic Early Termination" provision of Section 6(a) will not apply to Party A or Party B.

  • Early Termination In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees:

  • Early Termination Benefit If Early Termination occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

  • Payment upon Early Termination (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate Taxpayer.

  • Payments on Early Termination For the purpose of Section 6(e) of this Agreement:

  • Early Termination of the Employment Period Notwithstanding Section 1(b) hereof, the Employment Period shall end upon the earliest to occur of (i) a Termination For Cause, (ii) a Termination Without Cause, (iii) a Voluntary Termination, (iv) a Termination Due to Retirement, (v) a Termination Due to Disability, or (vi) a Termination Due to Death.

  • Voluntary Termination or Reduction The Borrower may at any time terminate, or from time to time reduce, the Commitments; provided that (i) each partial reduction of the Commitments shall be in an amount that is $5,000,000 or a larger multiple thereof and (ii) the Borrower shall not terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.11, the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans would exceed the total Commitments.

  • Early Termination of Employment In addition to any Termination of Employment of Executive as a Retired Early Employee under Paragraph 6 of this Agreement, a Termination of Employment of Executive may occur prior to the normal expiration of the Term under the circumstances and with the consequences set forth below.

  • Voluntary Termination Executive may voluntarily terminate Executive’s employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.

  • Early Termination of Agreement This Agreement may be terminated prior to the Ending Date upon any one of the following events:

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