Examples of Election to Terminate in a sentence
Election to Terminate .................................................................
For example, if a physical barrier prevents ventilation from passing between areas then each area needs to be tested.
The delivery of an Election to Terminate shall not affect any obligation of the relevant Subsidiary theretofore incurred.
Each Election to Participate delivered to the Administrative Agent shall be duly executed on behalf of the relevant Subsidiary and the Company, and each Election to Terminate delivered to the Administrative Agent shall be duly executed on behalf of the Company, in such number of copies as the Administrative Agent may request.
The Administrative Agent shall promptly give notice to the Lenders of the receipt of any Election to Participate or Election to Terminate.