Cessation Notice definition

Cessation Notice means a notice given by the Canadian Facility Agent to the Canadian Swing Line Lender, upon the instruction of the Required Tranche 2 Lenders, in the event that an Event of Default has occurred and is continuing and directing the Canadian Swing Line Lender not to make further Canadian Swing Line Loans from and after the date thereof or as otherwise set forth therein.

Cessation Notice has the meaning given in Clause 18.3.1;

Cessation Notice has the meaning given in Section 8.5.

Examples of Cessation Notice in a sentence

• Aurizon Network may issue a Negotiation Cessation Notice to an Access Seeker in certain circumstances ( clause 4.13).

• If the resolution of the Dispute identifies that QR Network was not entitled to give the Access Seeker a Negotiation Cessation Notice, QR Network will recommence negotiations with that Access Seeker immediately.

• For clarity, if an Access Seeker responds to Queensland Rail’s notice given pursuant to clause 2.8.1(a)(iv)(A), and informs Queensland Rail that it wants to proceed with one of the Duplicate Requests, Queensland Rail can only give a Negotiation Cessation Notice in respect of the unwanted Duplicate Request.

• A Negotiation Cessation Notice must identify the reasons for DBCT Management’s decision not to enter into an Access Agreement with the Access Seeker.

• If an Access Seeker disputes that QR Network was entitled to give it a Negotiation Cessation Notice, then the Access Seeker may refer the matter to Dispute resolution in accordance with Clause 4.7. In such circumstances, for the purposes of Paragraph 4.6(b), the Negotiation Cessation Notice will be deemed to have been issued only if and when the Dispute is resolved in QR Network’s favour.

More Definitions of Cessation Notice

Cessation Notice has the meaning set forth in Section 10.03 of this Agreement.

Cessation Notice. Section 11.6.2 “Co-Chair” Section 3.6.3.1 “Commercialization Plan” Section 6.1.4

Cessation Notice is defined in Section ‎15.2.4(a).

Cessation Notice means a notice given by the Agent to the Overdraft Lender, on the instructions of the Majority Lenders as contemplated by Section 9.9 (c)(vi), to the effect that an Event of Default has occurred and is continuing and directing the Overdraft Lender not to make further Overdraft Availments from and after the date thereof or as otherwise set forth therein.

Cessation Notice means the notice stipulated in Schedule 4 hereto;

Cessation Notice has the meaning set forth in Section 4.05(d).

Cessation Notice. A Cessation Notice shall be effective upon receipt thereof by the Borrower or the Partnership and the Default to which such notice relates shall be deemed no longer to be Continuing for all purposes hereunder.