Distribution Covenant Termination Notice definition

Distribution Covenant Termination Notice means a notice to be provided by Compuware to Covisint within ten (10) business days after (i) the effective time of an Alternative Acquisition if Compuware determines in its reasonable judgment that the Distribution fails to qualify as tax-free under section 355(a) of the Code or (ii) a Final Determination that the Distribution fails to qualify as tax-free under section 355(a) of the Code.
Sample 1
Distribution Covenant Termination Notice means a notice to be provided by Safeway to Blackhawk within 10 business days after the effective time of an Alternative Acquisition or a Final Determination if Safeway determines, in its reasonable judgment, the Distribution fails to qualify as tax-free under Section 355(a) of the Code; provided that in the event of an Alternative Acquisition in connection with which Safeway is obligated to pay a Company Termination Fee (as defined in the Albertson’s Agreement) pursuant to Section 7.2(b)(i) of the Albertson’s Agreement, such Alternative Acquisition shall be presumed to give rise to an obligation by Safeway to deliver a Distribution Covenant Termination Notice unless Safeway delivers a Covenant Continuation Opinion.
Sample 1

Related to Distribution Covenant Termination Notice

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Servicer Termination Notice Defined in Section 6.15.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Standstill Termination Date means the earlier of (i) 90 days after the Board Designation Termination Date and (ii) the later of (A) the first anniversary of the date of this Agreement and (B) 90 days after the date on which all Purchaser Designated Directors have resigned or been removed from the Board and the Purchaser has permanently waived and renounced its Board designation rights under Section 1.

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Event Termination Date See Section 2(e) hereof.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Notification Period has the meaning given to such term in Clause 3.10(b) or 3.10(c) of the Gold Bullion Terms, as the case may be.

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2, TERM NOTE 4, and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, April 21, 2006; (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’S election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

  • Start-up Period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.

  • Election Period shall have the meaning set forth in Section 14.3(a).

  • Resale Restriction Termination Date shall have the meaning specified in Section 2.05(c).