Examples of Default Termination Date in a sentence
This PPA shall terminate at 5:00 pm Central Standard Time on the Default Termination Date, subject to Section 2.4.
Within ten (10) Business Days of delivery of a notice under Section 13.1 (or if this Section 13.3 is invoked pursuant to Section 9.4(b) of this Agreement, the Default Termination Date), Seller and Buyer shall make reasonable efforts to mutually agree upon the selection of an Independent Appraiser who shall determine the System Purchase Price in accordance with the procedure set forth in this Section 13.3 (the “ Purchase Price Appraiser”).
As soon as practicable after a Default Termination Date is declared, the Non-Defaulting Party shall provide Notice to the Defaulting Party of the Termination Payment.
If an outlier is detected, the program displays an error message indicating the presence of outliers and prompts the user to abort the analysis or continue with outliers.
Consequences of Early Termination Upon any such early termination of the Transactions under the Swap Agreement, the Issuer or the Counterparty may be liable to make a termination payment to the other (regardless, if applicable, of which of such party may have caused such Event of Default, Termination Date or Additional Termination Event under the Swap Agreement) in accordance with the close-out mechanism found in the Swap Agreement.