Subject Termination definition
Examples of Subject Termination in a sentence
Both before and immediately after giving effect to this Amendment and the transactions contemplated hereby, no Termination Event or Unmatured Termination Event (other than the Subject Termination Events) exists or shall exist.
Each of the Waiving Parties hereby specifically reserves any and all rights, remedies and claims it has with respect to any other Purchase and Sale Termination Event, Unmatured Purchase and Sale Termination Event, Termination Event or Unmatured Termination Event (other than the Subject Termination Events as strictly described herein) that may occur at any time.
For purposes of this clause (a), Subject Termination Date means the date, if any, that the Agent in its sole discretion provides notice to the Sellers that each Subject Receivable may thereafter constitute an Eligible Receivable (subject to each such Subject Receivable’s satisfaction of each of the requirements set forth in the definition of “Eligible Receivable”).