Termination Event Notice definition
Examples of Termination Event Notice in a sentence
Upon the delivery of a Covenant Termination Event Notice pursuant to a Covenant Termination Event, the Guarantees of the Guarantors will also be released.
If any party hereto receives an Outside Control Termination Event Notice or an Outside Consultation Termination Event Notice, or any notice of revocation of either of the foregoing, it shall promptly deliver a copy of such notice to the other parties hereto; provided, however that if a party has delivered a notice to the other parties hereto in accordance with this Section 3.32, such party shall not be required to re-deliver the same notice if such party subsequently receives the same notice again.
The Indemnification Determination shall be made within twenty- five (25) days of the receipt of the Termination Event Notice.
Within five (5) days of the occurrence of a Termination Event, Indemnitee shall provide written notice to the Company of the Termination Event (the "Termination Event Notice").
In the event that Indemnitee loses a judgement on the merits or otherwise in defense of the Indemnifiable Event, or where there is no judicial determination of the actual merits of the defense raised, whether due to settlement, dismissal of the Complaint before trial, or upon a plea of nolo contendere or its equivalent, the Company shall submit the Termination Event Notice to the applicable Reviewing Party (as set forth below).