Termination Election definition

Termination Election means an election by the Charterer to -------------------- terminate the Charter pursuant to Article 18(a) thereof.
Sample 1Sample 2Sample 3
Termination Election has the meaning set forth in Section 7.8.1.4 (Subsequent Termination).
Sample 1Sample 2
Termination Election is defined in Section 4.02(a)(ii).
Sample 1Sample 2Sample 3

Examples of Termination Election in a sentence

  • If “AR Termination Election” is specified as applicable then, following an automatic novation of the Original Swap Agreement in accordance with (a) above, the Authorised Representative may, and shall if directed in writing by the 100% Noteholder, deliver an AR Termination Election Notice to the Issuer.

  • If “AR Termination Election” is specified as applicable then, following an automatic novation of the Original Swap Agreement in accordance with sub-paragraph (a) above, the Authorised Representative may, and shall if directed in writing by the 100% Noteholder, deliver an AR Termination Election Notice to the Issuer.

  • A Mandatory Redemption Event may occur upon the occurrence of any of an Asset Event, a Tax Redemption Event, a FATCA Tax Event, a Swap Event, an MTM Trigger Event, an Illegality Event, an Arranger Insolvency Event, an Asset Redenomination Event, an Asset Restructuring, a Settlement/Custodial Event, a Change in Law Event, a Euro Dissolution Event, a Regulatory Change Event, an AR Termination Election (in each case if applicable) and any other event specified as an applicable Mandatory Redemption Event.

  • If any party decides that the Collaborative Process is no longer appropriate, and elects to terminate the status of the case as a Collaborative Matter, that party agrees to do so immediately with written notice of his/her Termination Election served on the other parties and their attorney(s).

  • For the avoidance of doubt, if none of the Company Termination Election, the NCLA Wind-up Determination or the NCLA Continuation Agreement has been made by December 31, 2008, Articles II and III shall apply as if the Company and SCL have entered into the NCLA Continuation Agreement.

  • Notwithstanding anything herein to the contrary, the Parties agree that the Company Termination Election, the NCLA Wind-up Determination election or the NCLA Continuation Agreement shall have been made in accordance with the terms hereof no later than December 31, 2008.

  • TERMINATION OF COOPERATIVE STATUS, INITIATION OF ARBITRATION Either party may unilaterally and without cause terminate the cooperative law process (defined as the process that does not involve the use of an arbiter) by giving written notice of such election to all other parties by and through their counsel ("Termination Election" hereinafter).

  • If neither party elects to terminate this Lease prior to the expiration of the Termination Election Period, Tenant shall restore the Leased Premises to substantially the same condition that existed immediately prior to the occurrence of the casualty, with such restoration to commence no later than thirty (30) days after the expiration of the Termination Election Period.

  • Where the NCLA Wind-up Determination or the Company Termination Election has been made, SCL will, after the NCLA Valuation Date, reimburse the Company for any Post-Termination Expenses; provided, however, that the maximum amount payable by SCL in the aggregate under this Section 5.1 and Section 5.2 shall be an amount equal to the Unused Losses Cap.


More Definitions of Termination Election

Termination Election has the meaning set forth in Section 3.1(h)(iii)(B).
Sample 1
Termination Election has the meaning set out in Section 3.10(d).
Sample 1
Termination Election. Defined in paragraph captioned "Conversion of the Production Building".
Sample 1

Related to Termination Election

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Deferral Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the amount of the Deferrals.

  • Payment Election means an election pursuant to Section 5.1.

  • Extension Election has the meaning set forth in Section 2.16(c).

  • Special election means an election held as authorized by Section 20A-1-203.

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Early Opt-in Election means the occurrence of:

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • LCA Election has the meaning specified in Section 1.09(a).

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.

  • Primary election means any regular primary election held under the election

  • Investment Election means the Participant’s election to have deferred amounts credited with hypothetical earnings credits (or losses) that track the investment performance of the Investment Options and/or Common Stock in accordance with Article V.

  • Election Date has the meaning specified in Section 3.12(h).

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Termination for Cause or "Cause" shall mean termination because of the Executive's personal dishonesty, willful misconduct, any breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, conviction of a felony with respect to the Bank or the Company or any material breach of this Agreement. For purposes of this Section, no act, or the failure to act, on the Executive's part shall be "willful" unless done, or omitted to be done, in bad faith and without reasonable belief that the action or omission was in the best interest of the Company or its affiliates. Any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or based upon the written advice of counsel for the Company shall be conclusively presumed to be done, or omitted to be done, by the Executive in good faith and in the best interests of the Company. Notwithstanding the foregoing, the Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to him a Notice of Termination which shall include a copy of a resolution duly adopted by the affirmative vote of not less than three-fourths of the members of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to the Executive and an opportunity for him, together with counsel, to be heard before the Board), finding that in the good faith opinion of the Board, the Executive was guilty of conduct justifying Termination for Cause and specifying the particulars thereof in detail. The Executive shall not have the right to receive compensation or other benefits for any period after Termination for Cause.

  • Termination for Just Cause means termination because of Executive’s personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provision of this Agreement.

  • Termination Benefit means the benefit set forth in Article 7.

  • Deferral Agreement means an irrevocable agreement entered into between a Nonemployee Director and the Company to authorize the Company to reduce the amount of the Nonemployee Director’s Annual Retainer and credit the amount of such reduction to the Plan consistent with the requirements of Section 409A of the Code. A Deferral Agreement shall contain such provisions, consistent with the provisions of the Plan, as may be established from time to time by the Company or the Board, including without limitation:

  • Termination for Good Reason means a Termination of Employment by Executive for a Good Reason.

  • Non-Electing Share has the meaning specified in Section 12.11.

  • Non-Election Shares shall have the meaning set forth in Section 3.2.1.

  • Election cycle means the period beginning on the first day persons are eligible to

  • Regular primary election means the election on the fourth Tuesday of June of

  • Deferral Notice has the meaning set forth in Section 3(i) hereof.