Waiver of Termination Fee Sample Clauses

Waiver of Termination Fee a) Regarding residents who wish to terminate this Contract due to co-op work placement, exchange program enrolment, or education practicum in Term One: To be exempted from paying the Termination Fee, residents who choose to participate in one of the following activities: • a co-op work placement in Term One (September to December 2021), • a student exchange program in Term One (September to December 2021), or • a teaching practicum for students enrolled in the Faculty of Education in Term One (September to December 2021), and who do not plan to live in residence while pursuing these activities, must do both of the following:
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Waiver of Termination Fee. The Borrower will not be required to pay the termination fee otherwise due under Section 2.9(g) if (i) such termination or prepayment is made because of refinancing by an affiliate of the Lender or (ii) the Credit Facility is refinanced within 90 days after a request by the Lender for compensation under Section 2.3.
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Waiver of Termination Fee. The Borrower will not be required to pay the termination fee otherwise due under Section 2.7(a) if the Credit Facilities are (i) voluntarily terminated due to a refinancing by an Affiliate of the Lender; or (ii) voluntarily terminated on or before six (6) months after the date on which Lender notifies Borrower in writing of a discretionary reduction of Eligible Accounts in excess of 25% pursuant to clause (xiii) of the definition of "Eligible Accounts"; or (iii) terminated during the continuance of a declared Event of Default based solely on Borrower's breach of the financial covenants in Sections 6.14, 6.15 or 6.16.
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Waiver of Termination Fee. The Borrower, at the Lender’s discretion, will be excused from the payment of termination fees otherwise due under Section 2.7(g) if such termination is made because of refinancing through another division of Lender.
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Waiver of Termination Fee. (i) The Borrowers will not be required to pay the termination fee otherwise due under subsection (e) if such termination or prepayment is made because of refinancing by an affiliate of the Lender.
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Waiver of Termination Fee. The Borrower will not be required to pay the termination fee otherwise due under this SECTION 2.11 if such termination is made because of refinancing by an affiliate of the Lender.
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Waiver of Termination Fee. Landlord hereby waives the early termination fee provided under Section 24 of the Lease.
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Waiver of Termination Fee. Notwithstanding the provisions of Paragraph 3 hereof and in partial consideration for the premises set forth herein, MGM hereby waives its right, if any, to receive, or forgives PHPNJ's obligation, if any, to pay, (i) any Termination Fee, under section 8.4 of the Management Agreement or (ii) any payment under section 7.4 of the Management Agreement relating to a Sale or Change of Control Event, as defined therein.
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Related to Waiver of Termination Fee

  • Waiver of Termination Rights The Employee waives any and all rights to compensation or damages as a result of a Termination, insofar as those rights result or may result from: (a) the loss or diminution in value of such rights or entitlements under the Program; or (b) the Employee ceasing to have rights, or ceasing to be entitled to any Awards under the Program as a result of such Termination.

  • Notice of Termination; Effect of Termination Any termination of this Agreement under Section 7.1 above will be effective immediately upon the delivery of written notice of the terminating party to the other parties hereto. In the event of the termination of this Agreement as provided in Section 7.1, this Agreement shall be of no further force or effect, except (i) as set forth in this Section 7.2, Section 7.3 and Article 8 (miscellaneous), each of which shall survive the termination of this Agreement, and (ii) nothing herein shall relieve any party from liability for any willful breach of this Agreement. No termination of this Agreement shall affect the obligations of the parties contained in the Confidentiality Agreement, all of which obligations shall survive termination of this Agreement in accordance with their terms.

  • Parent Termination Fee (a) If this Agreement is terminated by the Company pursuant to Section 8.3(a) (Parent Change in Recommendation) then Parent shall, within two (2) Business Days after such termination pay the Company a fee equal to $356,000,000 (the “Parent Termination Fee”) less any amount of Company Expenses previously paid by Parent. In no event shall Parent be required to pay the Parent Termination Fee or the Company Expenses on more than one occasion.

  • Company Termination Fee (a) If this Agreement is terminated (i) by Parent pursuant to Section 8.4(a) (Company Change in Recommendation) or (ii) by the Company pursuant to Section 8.3(c) (Termination for Superior Proposal), then the Company shall, within two (2) Business Days after such termination in the case of clause (i) or concurrently with such termination in the case of clause (ii), pay Parent a fee equal to $356,000,000 (the “Company Termination Fee”) less any amount of Parent Expenses previously paid by the Company.

  • Right of Termination This Agreement may be terminated at any time at or prior to the Closing:

  • Manner of Termination The Party terminating this Agreement pursuant to Section 8.1 (other than pursuant to Section 8.1(a)) must deliver prompt written notice thereof to the other Parties setting forth in reasonable detail the provision of Section 8.1 pursuant to which this Agreement is being terminated and the facts and circumstances forming the basis for such termination pursuant to such provision.

  • Extension of Termination Date (a) No later than one year prior to the Termination Date then in effect, provided that no Event of Default shall have occurred and be continuing, the Borrowers may request an extension of such Termination Date by submitting to the Administrative Agent an Extension Request containing the information in respect of such extension specified in Exhibit I, which the Administrative Agent shall promptly furnish to each Bank. If, within 30 days of their receipt of an Extension Request, the Majority Banks shall approve in writing the extension of the Termination Date requested in such Extension Request, the Termination Date shall automatically and without any further action by any Person be extended for the period specified in such Extension Request; provided that (i) each extension pursuant to this subsection 2.16 shall be for a maximum of one year and (ii) the Commitment of any Bank which does not consent in writing to such extension within 30 days of its receipt of such Extension Request (an “Objecting Bank”) shall, unless earlier terminated in accordance with this Agreement, expire on the Termination Date in effect on the date of such Extension Request (such Termination Date, if any, referred to as the “Commitment Expiration Date” with respect to such Objecting Bank). If, within 30 days of their receipt of an Extension Request, the Majority Banks shall not approve in writing the extension of the Termination Date requested in an Extension Request, the Termination Date shall not be extended pursuant to such Extension Request. The Administrative Agent shall promptly notify (y) the Banks and the Borrowers of any extension of the Termination Date pursuant to this subsection 2.16 and (z) the Borrowers and any other Bank of any Bank which becomes an Objecting Bank. No Bank has an obligation to extend its Commitment pursuant to this Section 2.16 except in its sole discretion.

  • Effect of Termination Notice Where Network Rail or the Train Operator has served a Termination Notice on the other:

  • Notice of Termination Payment As soon as practicable after calculation of a Termination Payment, notice shall be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Non-Defaulting Party. The notice shall include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section 5.4(b) above, the Termination Payment shall be made by the Party that owes it within three (3) Business Days after such notice is effective.

  • Termination Fee (a) In the event that:

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