Automatic Termination definition

Automatic Termination shall have the meaning set forth in Section 2.3.2.
Automatic Termination has the meaning set forth in Section 3.1.
Automatic Termination has the meaning as specified in § 18.4 (Automatic Termination);

Examples of Automatic Termination in a sentence

  • Automatic termination The date of the occurrence of any Bankruptcy Default shall automatically constitute a Liquidation Date, without the need for any notice by us and the provisions of the following sub-clause shall then apply.


More Definitions of Automatic Termination

Automatic Termination shall have the meaning set out in Clause 16.2.
Automatic Termination means the process as described in rule 5101:3-26-02.1 of the Administrative Code by which a member's managed care membership is terminated not at the request of the member or the MCP, but for reasons described in that rule.
Automatic Termination is specified as applying to a Party in the Election Sheet, and upon the occurrence of a Material Reason described in § 10.5(c) (Winding- up/Insolvency/Attachment), the Terminating Party need not send that Party any notice of the designation of an Early Termination Date and the Early Termination Date in such event shall be as specified in the Election Sheet. Except as provided in this § 10.4 (Automatic Termination), Early Termination by virtue of operation of Automatic Termination shall be as provided in § 10.3 (
Automatic Termination is specified as applying to a Party in Part VI of the Schedule, then, in the case of an Event of Default specified in Clauses (ii) or (iii) of the definition thereof with respect to such Party, such close-out and liquidation shall be automatic as to all outstanding Currency Obligations. Where such close-out and liquidation is to be effected, it shall be effected by:
Automatic Termination shall have the meaning set forth in Section 2.3.2. "Bring Down Cold Comfort Letters" shall have the meaning set forth in Section 2.3.7(b).
Automatic Termination. [X] § 10.4 shall not apply to Party A. [X] § 10.4 shall not apply to Party B. § 10.5(b) Cross Default and Acceleration: [X] § 10.5(b)(i) shall not apply to Party A. [X] § 10.5(b)(i) shall not apply to Party B. [X] § 10.5(b)(ii) shall not apply to Party A. [X] § 10.5(b)(ii) shall not apply to Party B. § 10.5(c) Winding-up/Insolvency/Attachment: [X] § 10.5(c)(iv) shall apply and the applicable time period is fifteen (15) calendar days except insofar a proceeding or petition referred to in § 10.5(c)(iv) has been instituted or presented by the Party, its credit Support Provider, its shareholders or its directors, in which case the applicable time period is zero (0) calendar days.
Automatic Termination. [X] § 10.4 shall not apply to Party A. [X] § 10.4 shall not apply to Party B. § 10.5(b) Cross Default and Acceleration: [X] § 10.5(b)(i) shall not apply to Party A. [X] § 10.5(b)(i) shall not apply to Party B. [X] § 10.5(b)(ii) shall not apply to Party A. [X] § 10.5(b)(ii) shall not apply to Party B.