Termination of Membership You may terminate your membership by giving us written notice or by withdrawing your minimum required membership share(s), if any, and closing all your accounts. You may be denied services for causing a loss to the Credit Union, or you may be expelled for any reason as allowed by applicable law.
Membership Termination No Member may terminate its membership in the Sector 16 other than in accordance with this Section 12. A Member that has agreed to join the Sector prior to the 17 Effective Date may withdraw from Sector membership prior to the Effective Date without penalty or 18 prejudice. Thereafter, only a Member that is not in breach of this Agreement and that has no 19 outstanding Sector performance or payment obligations may terminate its membership in the Sector, 20 and may do so only in compliance with the terms and conditions of this Section 12. Notwithstanding the 21 foregoing, the Board may terminate the membership of a Member in breach of its payment or 22 performance obligations under this Agreement, as the Board deems appropriate in its sole discretion.
Automatic Renewal Each Schedule will renew automatically at the end of the then-current Schedule Term for a Schedule Renewal Term unless terminated in accordance with this Agreement by either You or Company.
Automatic Termination Unless earlier terminated pursuant to this Section 13, this Agreement shall automatically terminate upon the issuance and sale of all of the Placement Securities through (1) the Sales Agent on the terms and subject to the conditions set forth herein with an aggregate sale price equal to the amount set forth in Section 1 of this Agreement or (2) the Alternative Sales Agents through the Alternative Distribution Agreements on the terms and subject to the conditions set forth therein or any Placement Notice.
Automatic Reduction Promptly following each date on which the Required Amount is reduced as a result of a reduction in the Pool Balance of the Class B Certificates or otherwise, the Maximum Commitment shall automatically be reduced to an amount equal to such reduced Required Amount (as calculated by the Borrower). The Borrower shall give notice of any such automatic reduction of the Maximum Commitment to the Liquidity Provider within two Business Days thereof. The failure by the Borrower to furnish any such notice shall not affect such automatic reduction of the Maximum Commitment.