Non-Extension Notice definition

Non-Extension Notice has the meaning specified in Section 2.10.
Non-Extension Notice the date of such notification, the “Notice Date”) that its obligation to make Advances hereunder shall not be extended beyond the immediately following anniversary date of the Closing Date (and if the Liquidity Provider shall not have been replaced in accordance with Section 3.05(e) of the Intercreditor Agreement), the Borrower shall be entitled on and after the Notice Date (but prior to such anniversary date) to request a Non-Extension Advance in accordance with Section 2.02(b)(i) hereof and Section 3.05(d) of the Intercreditor Agreement.
Non-Extension Notice shall have the meaning set forth in Section 2 below.

Examples of Non-Extension Notice in a sentence

Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (provided that each Letter of Credit shall contain “evergreen” provisions for the renewal or extension thereof to a date not later than one year after the then current expiry date thereof) or (ii) the first anniversary of the Commitment Termination Date with a properly executed Non-Extension Notice.

If either party elects not to extend the Period of Employment pursuant to Section 3, unless Executive’s employment is earlier terminated pursuant to Sections 6, 7 or 8, termination of Executive’s employment hereunder shall be deemed to occur on the close of business on the day immediately preceding the anniversary of the next Extension Date following the delivery of the Non-Extension Notice pursuant to Section 3.

A Non-Extension Notice by the Company shall be considered a termination without Cause.

A Non-Extension Notice by Executive shall be considered a termination without Good Reason.

Upon the delivery of a Non-Extension Notice by Employee to the Company, Employee's employment shall terminate upon the close of business of the last day of the Term of Employment.


More Definitions of Non-Extension Notice

Non-Extension Notice is defined in section 2(a).
Non-Extension Notice has the meaning specified in Section 2.03(b)(iii).
Non-Extension Notice is defined in Section 2(a) hereof.
Non-Extension Notice has the meaning given to such term in Section 3.14(d).
Non-Extension Notice shall have the meaning ascribed thereto in Section 2.13(b)(iii) hereof.
Non-Extension Notice shall have the meaning set forth in Section 2 hereof.
Non-Extension Notice as defined in Section 2.4(a).