Second Early Termination Date definition

Second Early Termination Date means the date falling the earlier of (i) fifteen (15) Business Days after any Withheld Tax Payment and (ii) the date falling two (2) years following the First Early Termination Date.
Second Early Termination Date means the date falling fifteen (15) years from the Vessel Acceptance Date minus:
Second Early Termination Date means the date falling five (5) years after the First Early Termination Date;"

Examples of Second Early Termination Date in a sentence

  • The Lease shall terminate on the First Early Termination Date or the Second Early Termination Date, as applicable, as if such date were the scheduled expiration date of the Lease.

  • If Tenant properly gives such notice of termination and timely submits the First Early Termination Payment or the Second Early Termination Payment, as applicable, then the Lease shall end on the First Early Termination Date or the Second Early Termination Date, as applicable.

  • Tenant’s right to terminate this Lease must be exercised by giving written notice to Landlord at least twelve (12) months prior to the First Early Termination Date or the Second Early Termination Date, respectively.

  • I think, to some extent, both the group of people who had gotten together for the scholarships and the person who hired me, and probably other people in that world, thought they were grooming these raw black girls from the South, and they were maybe turning us into good homemakers.

  • Tenant’s exercise of the Second Termination Option is further subject to the condition that no Default by Tenant exists at the time that Tenant exercises the Second Termination Option or upon the Second Early Termination Date.

  • Tenant’s right to terminate this Lease must be exercised by giving written notice to Landlord at least twelve(12) months prior to the First Early Termination Date or the Second Early Termination Date, respectively.

  • Tenant shall continue to pay Base Rent, Tenant Reimbursement Amount and any other amounts reserved hereunder, and keep, perform and observe all of the terms, covenants and conditions on Tenant’s part to be kept, performed and observed as provided herein for the period between the date Tenant delivers written notice of its election to exercise the Second Termination Option and the Second Early Termination Date.

  • Lessee shall exercise its early termination rights granted under this Section 10 by delivering written notice to Lessor of Lessee’s election to terminate this Lease (a “Notice of Termination”), which Notice of Termination, in order to be timely and effective, shall be given, if at all, no later than six (6) months prior to the First Early Termination Date or Second Early Termination Date, as applicable.

  • The Second Termination Payment shall be paid to Landlord no later than the Second Early Termination Date.

  • As a condition to exercising the right of termination with respect to the Second Early Termination Date, Tenant must pay to Landlord on or before the date which is is four (4) months prior to the Second Early Termination Date, a cash amount (the “ Second Early Termination Payment”) equal to FIVE HUNDRED THIRTY-THREE THOUSAND EIGHT HUNDRED NINETY-NINE and 90/100 DOLLARS ($533,899.90).


More Definitions of Second Early Termination Date

Second Early Termination Date. Any day selected by Tenant, but which day is the last day of any month occurring between the last day of the forty-eight (48th) full calendar month of the Term and the last day of the fifty ninth (59th) full calendar month of the Term (both inclusive)

Related to Second Early Termination Date

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Early Termination Event has the meaning specified in Section 9.2.

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

  • Early Termination Rate means the lesser of (i) 6.5% per annum, compounded annually, and (ii) LIBOR plus 100 basis points.

  • 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.

  • Early Termination means the Termination of Employment before Normal Retirement Age for reasons other than death, Disability, Termination for Cause or following a Change of Control.

  • Early Termination Fee has the meaning set forth in Section 2.09(b).

  • Lease Termination Date means the last day of the Lease Term.

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

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

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

  • 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.

  • 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.

  • Early Termination Conditions means the types of conditions listed in Schedule A.

  • Accrual Termination Date Not applicable.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

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

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Early Termination Charge means, with respect to any 2019-B Lease that is terminated prior to its Maturity Date, an amount equal to the lesser of (a) the present value (discounted at the implicit rate of such 2019-B Lease) of all remaining Monthly Payments and (b) the excess, if any, of the adjusted 2019-B Lease balance over the related 2019-B Vehicle’s fair market wholesale value in accordance with accepted practices in the automobile industry (or by written agreement between the Servicer, on behalf of the Titling Trust, and the Lessee).

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Liquidity Termination Date means the earlier to occur of the following: