Purchase Expiration Date Sample Clauses

Purchase Expiration Date. Notwithstanding anything contained in the Agreement, unless on or prior to March 30, 2010, the Series 2000-VFC Certificates shall be refinanced by a series of asset-backed notes issued by Navistar Financial Dealer Note Master Owner Trust to the Purchasers on terms no less favorable to the Purchasers than the most favorable terms applicable to either the Series 2009-1 Notes issued by Navistar Financial Dealer Note Master Owner Trust (the “Series 2009-1 Notes”) or the Series 2000-VFC Certificates, then upon written notice from the Administrative Agent or any Managing Agent to the Servicer the Purchase Expiration Date shall be deemed to be the Business Day after the Servicer shall receive such notice; provided that at the Administrative Agent’s discretion, rather than refinancing the Series 2000-VFC Certificates, the existing documentation for Series 2000-VFC may instead be amended and restated to achieve similar business terms; and provided, further, if a Series of variable funding notes cannot be issued by Navistar Financial Dealer Note Master Owner Trust, without the consent of the holders of the outstanding Series 2009-1 Notes, then the parties agree that the Series 2000-VFC Certificates shall be amended so that the terms applicable to the Series 2000-VFC Certificates are no less favorable to the Purchasers than the most favorable terms applicable to either the Series 2009-1 Notes or the Series 2000-VFC Certificates. The parties hereto shall use commercially reasonable efforts to negotiate the terms of such refinancing or amendment and restatement, as applicable, on or prior to March 30, 2010.
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Related to Purchase Expiration Date

  • Lease Expiration Date The last day of the month in which the sixty-sixth (66th) month anniversary of the Lease Commencement Date occurs. 7.4

  • Termination Upon Expiration Date The Trust shall automatically terminate on December 31, 20__ (the "Expiration Date") or earlier pursuant to Section 9.02.

  • COMMENCEMENT/EXPIRATION DATE This instrument is executed as of the date of last signature and is effective for five years from that date, at which time it will expire unless extended.

  • Expiration Date Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Maturity Date.

  • Amounts; Outside Expiration Date A Letter of Credit Issuer shall not have any obligation to issue any Letter of Credit and the Agent shall not have any obligation to provide Credit Support at any time if: (i) the maximum face amount of the requested Letter of Credit is greater than the Unused Letter of Credit Subfacility at such time; (ii) the maximum undrawn amount of the requested Letter of Credit and all commissions, fees, and charges due from the Borrowers in connection with the opening thereof would exceed Availability at such time; or (iii) such Letter of Credit has an expiration date less than thirty (30) days prior to the Stated Termination Date or more than twelve (12) months from the date of issuance for standby letters of credit and 180 days from the date of issuance for documentary letters of credit; provided that any Letter of Credit issued in connection with the IRBs may have an expiration date of not later than the Termination Date. With respect to any Letter of Credit which contains any “evergreen” or automatic renewal provision, each Lender shall be deemed to have consented to any such extension or renewal unless any such Lender shall have provided to the Agent, written notice that it declines to consent to any such extension or renewal at least thirty (30) days prior to the date on which the applicable Letter of Credit Issuer is entitled to decline to extend or renew the Letter of Credit. If all of the requirements of this Section 1.3 are met and no Default or Event of Default has occurred and is continuing, no Lender shall decline to consent to any such extension or renewal.

  • Extension of Expiration Date If the Company fails to cause any Registration Statement covering Registrable Securities (unless otherwise defined herein, capitalized terms are as defined in the Registration Rights Agreement relating to the Warrant Shares (the "Registration Rights Agreement")) to be declared effective prior to the applicable dates set forth therein, or if any of the events specified in Section 2(c)(ii) of the Registration Rights Agreement occurs, and the Blackout Period (whether alone, or in combination with any other Blackout Period) continues for more than 60 days in any 12 month period, or for more than a total of 90 days, then the Expiration Date of this Warrant shall be extended one day for each day beyond the 60-day or 90-day limits, as the case may be, that the Blackout Period continues.

  • Dissolution Upon Expiration Date Unless earlier dissolved, the Trust shall automatically dissolve on July 30, 2040 (the “Expiration Date”), and the Trust Property shall be liquidated in accordance with Section 9.4.

  • Contract Expiration The contract shall expire 120 days after the final services have been rendered.

  • Offer Expiration This offer to purchase the Property as outlined in this Agreement shall be deemed revoked and the Xxxxxxx Money shall be returned unless this Agreement is signed by Seller and a copy of this Agreement is personally given to the Buyer by , 20 at : ☐ AM ☐ PM.

  • Term; Exercise Upon Expiration This warrant is exercisable in whole or in part, at any time and from time to time on or before the Expiration Date set forth above; provided, however, that if the Company completes its initial public offering within the three-year period immediately prior to the Expiration Date, the Expiration Date shall automatically be extended until the third anniversary of the effective date of the Company’s initial public offering. If this warrant has not been exercised prior to the Expiration Date, this warrant shall be deemed to have been automatically exercised on the Expiration Date by “cashless” conversion pursuant to Section 1.2.

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