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 shall have the meaning set out in Clause 15.2.

Examples of Automatic Termination in a sentence

If an Automatic Termination occurs, we will provide you with revised offering materials reflecting the material change and give you an opportunity to purchase such class.

If a material change does occur with respect to such class, our contract will terminate, by its terms, without any further obligation or liability between us (the "Automatic Termination").

The Automatic Termination provision of Section 8.1 shall not apply to Party B as Defaulting Party in respect of clause (ii), (iii) or (iv) of the definition of Event of Default.

The Automatic Termination provision of Section 8.1 shall not apply to Party A as Defaulting Party in respect of clause (ii), (iii) or (iv) of the definition of Event of Default.

Notwithstanding any Termination or Automatic Termination of this Agreement, regardless of whether or not the Registration Statement is or is not filed, and regardless of whether or not the Registration Statement is approved or denied by the SEC, the Investor shall retain full ownership of the Commitment Warrant as partial consideration for its commitment hereunder.


More Definitions of Automatic Termination

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 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 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. The Bank has no obligation to provide Executive notice more than once for any acts or matters for which Executive has received any written warning or for which Executive has been provided an opportunity to cure. In such event, termination can be automatic. Except for the Bank's obligation to pay accrued benefits or salary earned, this Agreement shall terminate upon the death of the Executive.
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.
Automatic Termination has the meaning as specified in § 18.4 (Automatic Termination);