Default Termination Date definition

Default Termination Date has the meaning assigned thereto in Section 7(b) hereof.

Default Termination Date means (x) with respect to clauses (i) through (iii) of Section 7(a) above, the date the Shelf Registration Statement or the post-effective amendment, as the case may be, is either so filed or so filed and subsequently declared effective, as the case may be, and (y) with respect to clause (iv) of Section 7(a) above, the date the Shelf Registration Statement again becomes effective or the Holders of Registrable Securities are again able to make sales under the Shelf Registration Statement. Notwithstanding the foregoing, no Additional Interest shall accrue as to any Registrable Security from and after the earlier of (1) the date such security is no longer a Registrable Security and (2) the expiration of the Registration Period.

Default Termination Date has the meaning given to that term in clause 3.4(a) (Default termination);

Examples of Default Termination Date in a sentence

• To the extent practicable, the Performing Party shall notify the Defaulting Party of all amounts owed under this Section 15 within 120 days of the Default Termination Date.

• Certain provisions of this Agreement shall continue in effect after the Termination Date or Default Termination Date, in accordance with the provisions of Section 16.14.

• If any monetary amounts payable under this Agreement are not paid when due, then such overdue amount shall bear interest for each day until paid in full, payable on demand, both before and after judgment or petition for bankruptcy, the Default Termination Date and the Force Majeure Termination Date, at the U.S. Base Rate plus two percent per annum on the basis of the actual number of days elapsed and on the basis of a year of 360 days, as the case may be.

• In no event shall calculation and payment of the Termination Settlement Statement delay the Default Termination Date or the Early Termination Date, as the case may be.

• This Purchaser Administrative Services Agreement is effective as of the Closing Date and shall remain in effect with respect to a particular Service until the Default Termination Date as specified in Exhibit A unless and until terminated in accordance with Section 4.02.

More Definitions of Default Termination Date

Default Termination Date has the meaning ascribed thereto in Section 15.3.

Default Termination Date has the meaning assigned such term in Section 9.1.

Default Termination Date has the meaning set forth in Section 10.02.

Default Termination Date means the date that this Agreement terminates, pursuant to a Termination (Default) Notice.

Default Termination Date shall have the meaning given such term in Section 5.03.

Default Termination Date has the meaning set forth in Section 3(b).

Default Termination Date shall have the meaning ascribed to such term in Section 9.2. “Effective Date” shall have the meaning ascribed to such term in the recitals.