Termination Instructions definition

Termination Instructions. GTA Section 8.2.F “Tooling and Other Materials”, and GTA Section 9.3 “Transfer of Certain Property”, Spirit or its subcontractors shall retain legal title to the Tooling used to manufacture the Parts.
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Examples of Termination Instructions in a sentence

  • Promptly following (and in any event no later than one (1) Business Day after) Escrow Agent’s receipt of such Party A Termination Instructions, the Escrow Agent shall send a copy by facsimile of such Party A Termination Instructions to Party B.

  • Upon receipt of Contrary Termination Instructions, DSI shall send a copy to Depositor by commercial express mail.

  • From the date DSI mails the notice of termination of the License Agreement or license, as the case may be, Preferred Beneficiary shall have ten business days to deliver to DSI contrary instructions ("Contrary Termination Instructions").

  • The Termination Instructions shall be signed by an Authorized Signatory of Parent set forth on Schedule 1.

  • Simultaneously with the payment of the loan proceeds by Purchaser in accordance with Section 1.1(b), the Company shall deliver the Termination Instructions and Statements (as defined in Section 5.7) to the Original Note Agents (as defined in Section 5.7).

  • In the event that any Earnout Shares fail to vest in accordance with the terms of this Agreement, the Termination Instructions (as defined below) or Forfeiture Instructions (as defined below), as applicable, shall provide that all cash dividends paid with respect to such shares will be forfeited and paid back to the Issuer.

  • The Company agrees that it promptly will execute Termination Instructions in the event that the Investor satisfies its payment obligations with respect to the purchase of Investor Additional Shares pursuant to the Equity Commitment Agreement in cash.

  • Contrary Termination Instructions shall mean the written representation by Preferred Beneficiary that the license has not been terminated.

  • In the event that any Earnout Units fail to vest in accordance with the terms of this Agreement, the Termination Instructions or Forfeiture Instructions, as applicable, shall provide that all cash dividends paid with respect to such units will be forfeited and paid back to Falcon’s.