Examples of Event of Early Termination in a sentence
Provided that no Event of Default or Event of Early Termination has occurred and is continuing, and except as otherwise provided for herein, this Agreement shall commence on the Effective Date and continue until the Facility Termination Date.
In exceptional cases, in order to prevent losses of the Contractual Parties and for the purpose of acting with professional care by the Bank, if it is not possible to proceed according to point 18.4. above, the Bank is authorized to consider such an event to be the Event of Early Termination in line with Art.
Each of the Borrowers and the Contingent Obligors, as applicable, represents and warrants that (i) all of its representations and warranties set forth in the Credit Agreement are true and accurate in all material respects as though made on and as of the date hereof (except representations and warranties which relate to a specific date, which were true and correct as of such date) and (ii) no Event of Early Termination or Event of Default has occurred and is continuing.
Upon the occurrence of a NESL Event of Early Termination, the Operator may issue a written notice of the early termination of the Contract to NESL and this Contract shall terminate on the date (which date shall not be less than 180 days after the date of such notice) set out in such notice unless such termination is stayed in arbitration proceedings or any other appropriate forum, as the case may be.
Provided that no Event of Default, Event of Early Termination or Potential Default has occurred and is continuing, Seller may repurchase a Purchased Asset by paying, or causing an Approved Investor to pay, to Buyer by depositing cash into the Funding Deposit Account in accordance with Buyer’s wire instructions set forth on Exhibit F, subject to Sections 4.6 and 4.7, the Repurchase Price.
No Note Agent shall be deemed to have knowledge or notice of the occurrence of any breach of this Agreement or the occurrence of any Default, Event of Default or Event of Early Termination unless such Note Agent has received notice from the Borrowers, the Lender Collateral Agent, the Master Collateral Agent, any Note Agent or any Lender referring to this Agreement, describing such event.
On the Effective Date and after giving effect to any Borrowings on such date, no Event of Early Termination, Default or Event of Default shall have occurred.
In the event that the Operator Event of Early Termination is not cured within a period of sixty (60) Days from the date of receipt of such notice, the Contract shall terminate unless such termination is stayed in arbitration proceedings or any other appropriate forum, as the case may be.
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Applicant’s failure to employ a Property Management Plan or on-site Manager will therefore be a violation of the Court’s order and conditional use approval.