Notice of Recapture Sample Clauses

Notice of Recapture. The Ceding Company shall notify the Reinsurer in writing of the reasons for, and the effective date of, the recapture ninety (90) calendar days prior to the effective date of recapture (the “Recapture Notice”); provided, however, that the recapture shall not be deemed to be consummated until the final accounting described in Section 11.4 of this Article XI has been completed and the Reinsurer has paid the Commutation Payment, if any.
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Notice of Recapture. Stoneville may exercise Stoneville Recapture on January 1 or July 1 of any year beginning with July 1, 1997 by providing sixty (60) days' written notice to Continental prior to such exercise date. In the event of a Reported Claim Recapture, such notice shall identify the Reported Claims subject to the Stoneville Recapture and the amount of Reserves allocable thereto to be recaptured. In the event of an IBNR Recapture, the notice shall state the amount of Reserves to be recaptured and include a copy of the Actuary's report analyzing such IBNR Recapture.
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Notice of Recapture. (a) If a Recapture Event has occurred and is continuing, then the Company shall have the right, but not the obligation, to recapture:
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Notice of Recapture. Florida Housing shall provide the Borrower with written notice, in accordance with Section 11.2, of any Recapture Event or of any circumstances which, with the passage of time, would give rise to a Recapture Event, of which, in either event, it shall become aware. Upon the giving of any such notice to the Borrower, Florida Housing shall also provide copies of any such notice(s) to the Lender and, the Tax Credit Investor and the Servicer. The failure of Florida Housing to provide notice as herein required shall not relieve the Borrower of any obligation hereunder or prevent the declaration or occurrence of a Recapture Event, nor shall it serve to relieve the Borrower of any of the consequences thereof.
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Notice of Recapture. (a) If an Adverse Financial Event has occurred and is continuing, or if the Company fails to receive Reserve Credit for any reason that is not cured by the Cure Deadline, then the Company shall have the right, but not the obligation, until such time as (i) the Adverse Financial Event or failure to receive Reserve Credit is cured or (ii) two hundred and ten (210) days have elapsed since the occurrence of such Adverse Financial Event or failure to receive Reserve Credit and no other Adverse Financial Event is then continuing, to recapture all, but not less than all, of the Reinsurer’s Quota Share of the Business Covered. In addition, if the Reinsurer elects to terminate this Agreement pursuant to Section 7.3, with a notice of the applicable Termination Date, then it is deemed that the Company has recaptured the Reinsurer’s Quota Share of such Reinsured Contracts as of such Termination Date.
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Related to Notice of Recapture

  • Notice of Resignation If an Employee desires to terminate her employment, she shall endeavour to forward a letter of resignation to the Employer four (4) weeks prior to the effective date of termination, and in any event, not less than two (2) weeks prior to the effective date of termination, provided however the Employer may accept a shorter period of notice.

  • Notice of Completion; Copy of Record Set of Plans Within twenty (20) days after completion of construction of the Improvements, Tenant shall cause a Notice of Completion to be recorded in the office of the Recorder of the county in which the Building is located in accordance with Section 3093 of the Civil Code of the State of California or any successor statute, and shall furnish a copy thereof to Landlord upon such recordation. If Tenant fails to do so, Landlord may execute and file the same as Tenant’s agent for such purpose, at Tenant’s sole cost and expense. At the conclusion of construction, (i) Tenant shall cause the Architect and Contractor (A) to update the Approved Working Drawings as necessary to reflect all changes made to the Approved Working Drawings during the course of construction, (B) to certify to the best of their knowledge that the “record-set” of as-built drawings are true and correct, which certification shall survive the expiration or termination of this Lease, and (C) to deliver to Landlord two (2) sets of copies of such record set of drawings within one hundred twenty (120) days following issuance of a certificate of occupancy for the Premises, and (ii) Tenant shall deliver to Landlord a copy of all warranties, guaranties, and operating manuals and information relating to the improvements, equipment, and systems in the Premises.

  • Notice of Completion The Interconnection Customer shall notify the Transmission Provider and the Interconnected Transmission Owner in writing when it has completed construction of (i) the Customer Facility;

  • Termination Notice If either Party, having become entitled to do so, decides to terminate this Agreement pursuant to the preceding Clause 8.2 (a) (i) or 8.2 (a) (ii), it shall issue Termination Notice setting out:

  • Notice of Non-Renewal Consultant understands and agrees that there is no representation, implication, or understanding that the City will request that work product provided by Consultant under this agreement be supplemented or continued by Consultant under a new agreement following expiration or termination of this agreement. Consultant waives all rights or claims to notice or hearing respecting any failure by City to continue to request or retain all or any portion of the work product from Consultant following the expiration or termination of this agreement.

  • Notice of Record Date In the event:

  • Exercise After Notice of Redemption The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with Section 6.2 of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 hereof and prior to the Redemption Date. On and after the Redemption Date, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price.

  • Notice to NYSE Parent shall, to the extent possible, give the NYSE not less than ten (10) days’ advance notice of the Record Date in compliance with Rule 10b-17 under the Exchange Act.

  • Notice of Sole Control If at any time the Secured Party delivers to the Financial Institution a Notice of Sole Control in substantially the form set forth in Exhibit A hereto (a “Notice of Sole Control”), the Financial Institution agrees that after receipt of such notice, it will take all instructions with respect to the Collateral Accounts solely from the Secured Party and shall not comply with instructions or entitlement orders of any other person.

  • Notice of Loss The Grantor will promptly notify the Secured Party of any loss of or material damage to any material item of Collateral or of any substantial adverse change, known to Grantor, in any material item of Collateral or the prospect of payment or performance thereof.

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