Upon notice definition

Upon notice. The internship shall end upon notice being given to the Intern of at least ____ day(s) notice. Furthermore, this Agreement can be terminated at any time if the Intern breaches any portion or section of this Agreement.
Upon notice given by the Borrower five business days prior to such Adjustment Date, Borrower may elect to reset the interest rate to such Fixed Rate as is available and in effect at the time of such Adjustment Date. Such reset Fixed Rate shall apply to that portion of the outstanding principal balance of the loan elected to have a Fixed Rate from the Adjustment Date until a new Adjustment Date or the Maturity Date. If Borrower does not elect to reset the Fixed Rate, the Variable Rate shall apply to the outstanding principal balance of the loan that had been bearing interest at the Fixed Rate prior to such Adjustment Date, from such Adjustment Date to the Maturity Date. Interest at the Fixed Rate shall be computed on the basis of a 360-day year.
Upon notice of any redemption being given as provided in this Section 2.5, the Holder shall have the right to exercise, either in whole or in part, the conversion privilege pursuant to Article 3 hereof until 5:00 P.M. on the date fixed for redemption.

Examples of Upon notice in a sentence

  • Upon notice to the Contractor, the Contract may be assigned without the consent of the Contractor to another State Agency or subdivision of the State pursuant to a governmental reorganization or assignment of functions under which the functions are transferred to a successor Agency or to another Agency that assumes OGS responsibilities for the Contract.

  • Upon notice to the General Partner from either owner, the General Partner shall cause the Partnership Interest to be divided into two equal Partnership Interests, which shall thereafter be owned separately by each of the former owners.

  • Upon notice by State Street for any reason, any right to use the System and access to the Data Access Services shall terminate and the Undersigned shall immediately cease use of the System and the Data Access Services.

  • Upon notice by the Program Administrator following any inspection (whether conducted in-person or virtually in accordance with the Program guidelines), Owner will promptly correct any violations of Program requirements and this Contract.

  • Upon notice of any actual or alleged claim or loss arising out of subcontractor’s work hereunder, subcontractor shall immediately satisfy in full the SIR provisions of the policy in order to trigger coverage for the Contractor and Additional Insureds.

  • Upon notice of the occurrence of any of the events described in the preceding sentence, the Certificate Registrar shall notify the Clearing Agency and request the Clearing Agency to notify all Certificate Owners, through the applicable Participants, of the occurrence of the event and of the availability of Definitive Certificates to such Certificate Owners requesting the same.

  • Upon notice by NCR Voyix, all API integrations for the Service will use NCR Voyix’s BSL APIs. Cost for the BSL APIs will be at NCR Voyix’s then current rates.

  • Upon notice to the General Partner from either owner, the General Partner shall cause the Partnership Unit to be divided into two equal Partnership Units, which shall thereafter be owned separately by each of the former owners.

  • Upon notice to the Distributor of the terms of such suspension or termination, the Distributor shall suspend the ATM offering of Shares in accordance with such terms until the Fund notifies the Distributor that such ATM offering may be resumed; provided, however, that such suspension or termination shall not affect or impair the parties’ respective obligations with respect to the Shares sold hereunder prior to the giving of such notice.

  • Upon notice by the Secured Party to the Pledgor of the appointment of a Custodian, the Pledgor’s obligations to make any Transfer will be discharged by making the Transfer to that Custodian.


More Definitions of Upon notice

Upon notice given as provided in Section 5.2, the Company may at any time on or after December 1, 1999 prepay the Notes as a whole, or from time to time in part (in a minimum amount of $1,000,000 and otherwise in integral multiples of $100,000), in each case at the principal amount to be prepaid, together with interest accrued thereon to the date fixed for such prepayment, plus the applicable prepayment premium (expressed as a percentage of the principal amount so to be prepaid) indicated below: Prepayment Date Prepayment Premium --------------- ------------------ December 1, 1999 to November 30, 2000 3.50% December 1, 2000 to November 30, 2001 2.333% December 1, 2001 to November 30, 2002 1.170% December 1, 2002 and thereafter 0.000% provided that prior to December 1, 2001 Notes may not be prepaid pursuant to this Section unless the Closing Price per Class A Share for a period of 10 consecutive Trading Days commencing 20 Trading Days before the date of the Company's notice pursuant to Section 5.2 in respect of such prepayment was at least 150% of the Conversion Price then in effect.
Upon notice from the Bank to the Borrower given after the occurrence and during the continuation of an Event of Default or of a Default, the Borrower shall hold all Collections representing principal payments and prepayments and escrows for real estate taxes and insurance in trust for the Bank and shall promptly remit the same to the Bank. All amounts representing the principal payments and prepayments shall be deposited in a collateral account with the Agent and all amounts representing real estate taxes and insurance escrows shall be deposited in an escrow account with any bank satisfactory to the Borrower and the Bank.
Upon notice given as provided in Section 8.2, the Company may at any time prepay the Notes as a whole, or from time to time in part (in a minimum amount of $1,000,000 and otherwise in integral multiples of $100,000), in each case at the principal amount to be prepaid, together with interest accrued thereon to the date fixed for such prepayment, plus the applicable prepayment premium (expressed as a percentage of the principal amount so to be prepaid) indicated below: Prepayment Date Prepayment Premium --------------- ------------------ June 30, 1999 to June 29, 2000 8.0% June 30, 2000 to June 29, 2001 6.0% June 30, 2001 to June 29, 2002 4.8% June 30, 2002 to June 29, 2003 3.6% June 30, 2003 to June 29, 2004 2.4% June 30, 2004 to June 29, 2005 1.2% after June 29, 2005 None
Upon notice of any redemption being given as provided in this Section, the Redemption Price shall become due and payable to the Holder, at the office of the Company on the date specified in such notice and from and after such date (unless the Company shall default in the payment of the Redemption Price) interest shall cease to accrue on this Debenture or portion hereof subject to such notice of redemption.
Upon notice given as provided in Section 7 the Company may, at its option, prepay the Notes, in whole or in part at any time or from time to time on or after January 15, 2005, without premium or penalty, at the principal amount thereof so to be prepaid, together with interest accrued thereon to the date fixed for such prepayment.

Related to Upon notice

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Hold Notice means a written statement (or an oral statement confirmed in writing, which may be by e-mail) from a holder of reset rate notes denominated in U.S. Dollars during the then-current and immediately following reset periods, delivered to a remarketing agent that the holder desires to hold some or all of its reset rate notes for the upcoming reset period and affirmatively agrees to receive a rate of interest of not less than the applicable All Hold Rate during that reset period.

  • Retraction Notice has the meaning set forth in Section 11.01(c).