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 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.
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.

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 of rejection, the Contractor shall immediately replace all such rejected item(s) with others conforming to the specifications and which are not defective.

  • Upon notice by the Contractor that the work is substantially complete (a Request for Substantial Completion) and an inspection by the Contracting Officer or an authorized Government representative (including any required tests), the Contracting Officer shall furnish the Contractor a Certificate of Substantial Completion.

  • Upon notice given to the Vendor, representatives of the State or other duly authorized State or Federal agency may inspect, monitor, and/or evaluate the cost and billing records or other material relative to this 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 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 assignmentof functions under which the functions are transferred to a successor Agency or to another Agency that assumes OGS responsibilities for the Contract.

  • Upon notice of such breach, Contractor shall be entitled to cure the breach within ten days, upon providing satisfactory evidence of compliance with the terms of this Agreement and State law.

  • Upon notice given, the Contracting Authority will institute necessary legal action to enforce the conditions of its agreement with the railroad company.

  • Upon notice of termination action pursuant to paragraphs (a) or (b) of this clause, the Contractor shall (i) promptly discontinue all services affected (unless the notice directs otherwise) and (ii) deliver or otherwise make available to CMAP all data, drawings, specifications, reports, estimates, summaries and such other information and materials as may have been accumulated by the Contractor in performing this Agreement, whether completed or in process.


More Definitions of Upon notice

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.
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 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 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.

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.

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

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • Extension Notice has the meaning specified in Section 308.

  • Xxxxx Notice means the Notice of Grant of Stock Option accompanying the Agreement, pursuant to which Optionee has been informed of the basic terms of the option evidenced hereby.

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit I.

  • Pre-Notice shall have the meaning ascribed to such term in Section 4.13.

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Delivery Notice Has the meaning specified in the NPA.

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 1.13(f).

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.

  • Suspension Notice As defined in Section 6(d) hereof.

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

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

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • ROFO Notice is defined in Section 6.2(a).

  • Cancellation Notice has the meaning given in Clause 8.6;

  • Penalty Notice means a written no- tification from the Director informing a respondent that the Director has made a finding of violation and, absent a request for a hearing, will impose a civil monetary penalty.