Examples of Applicable Termination in a sentence
This Agreement is effective as of the date hereof and shall remain in effect with respect to a particular Service until the occurrence of the Applicable Termination Date applicable to such Service (or, subject to the terms of Section 6.02, the expiration of any Service Extension applicable to such Service), unless earlier terminated (i) in its entirety or with respect to a particular Service, in each case in accordance with Section 6.03 or Section 6.04, or (ii) by mutual consent of the Parties.
Each Party understands and agrees that the other Party is not in the business of providing Services to third parties and, except as set forth in Section 6.02, that neither Party has any interest in continuing (i) any Service beyond the Applicable Termination Date or (ii) this Agreement beyond the expiration of all Applicable Termination Dates or the termination of all Services in accordance with Section 6.04.
This letter agreement may be terminated at any time (i) by mutual written consent of the parties hereto, (ii) by either party on or after the termination of the Merger Agreement other than pursuant to an Applicable Termination or (iii) by either party on or after the Expiration Date; provided, however, that -------- ------- the provisions of the fourth paragraph of this letter agreement (related to Covered Dispositions) shall survive any such termination in accordance with its terms.
This Agreement is effective as of the date hereof and shall remain in effect with respect to a particular Service or Service Category until the occurrence of the Applicable Termination Date applicable to such Service or Service Category, unless earlier terminated (i) in its entirety or with respect to a particular Service or Service Category, in each case in accordance with Section 4.02, or (ii) by mutual consent of the Parties.
If payable by GBI, the "Applicable Termination Payment" shall be $1,000,000.
In connection with any termination pursuant to clauses (ii) or (iii) of the first sentence of this Section 8.02(a), all unreimbursed Servicing Fees, Servicing Advances, Monthly Advances and Applicable Termination Fees still owing the Servicer shall be paid at the time of such termination by the Trust Fund by deducting from final remittance of the funds to successor servicer (on first three items) and by the Seller (on Termination Fee).
If payable by Corgenix, ----------------------------------------- the "Applicable Termination Payment" shall be $1,500,000.
TerminationAdjustment:Not Applicable Call Spread - Put Spread Option:Not Applicable Twin Win Option:Not Applicable Market Timer:Not Applicable Put Call SumNot Applicable Swaption:Not Applicable Termination Underlying Valuation ProvisionsApplicable (A) Valuation Disruption (Scheduled Trading Days):The provisions of Valuation and Settlement Condition 2(c)(i)) (Adjustments to Valuation Dates (Scheduled Trading Days)) apply.
In the event GBI fails to consummate the Merger ----------------- and such failure constitutes a breach of GBI's obligations under this Agreement, GBI will pay to Corgenix the Applicable Termination Payment, and GBI additionally will reimburse Corgenix for any and all sums, if any, required to be paid by Corgenix in respect of the Note payable by Corgenix to GBI in the principal amount of Five Hundred Thousand ($500,000) Dollars (the "Corgenix Note"), including any interest paid thereon.
If at the time of an event -------------------------------------- requiring the payment of an Applicable Termination Payment the Notes due to investors pursuant to PARENT's Private Placement Memorandum (the "Memorandum") dated December 1, 2003 (the "Bridge Notes") to Investors remain outstanding, the Applicable Termination Payment so payable shall be delivered to any escrowee appointed by (i) the Placement Agent or (ii) holders of a majority in principal amount, of the Notes.