Automatic Termination 31 Clause Samples

Automatic Termination 31. ARTICLE IX INDEMNIFICATION SECTION 9.1 Indemnities by the Sellers 32 ARTICLE X MISCELLANEOUS SECTION 10.1 Amendments; Waivers, Etc 34 SECTION 10.2 Notices, Etc 34 SECTION 10.3 Cumulative Remedies 34 SECTION 10.4 Binding Effect; Assignability; Survival of Provisions 35 SECTION 10.5 Governing Law 35 SECTION 10.6 Costs, Expenses and Taxes 35 SECTION 10.7 Submission to Jurisdiction 36 SECTION 10.8 Waiver of Jury Trial 36 SECTION 10.9 Integration 36 SECTION 10.10 Counterparts 37 SECTION 10.11 Acknowledgment and Consent 37 SECTION 10.12 No Partnership or Joint Venture 37 SECTION 10.13 No Proceedings 37 SECTION 10.14 Severability of Provisions 38 SECTION 10.15 Recourse to Buyer 38 EXHIBITS EXHIBIT A Form of Buyer Note EXHIBIT B Form of Seller Assignment Certificate SCHEDULES SCHEDULE 1 Litigation and Other Proceedings SCHEDULE 2 Changes in Financial Condition SCHEDULE 3 Offices of the Sellers where Records are Maintained SCHEDULE 4 Legal Names, Trade Names and Names Under Which the Companies Do Business SCHEDULE 5 Software Programs and Licenses This RECEIVABLES PURCHASE AGREEMENT, dated as of July 25, 1996 (this "Agreement"), is made among INTER-CITY PRODUCTS CORPORATION (USA), a Delaware corporation ("ICP"), INTER-CITY PRODUCTS PARTNER CORPORATION, a Delaware corporation ("ICPPC"), certain direct or indirect domestic subsidiaries of ICP that are listed on the signature pages hereto or that become party hereto in accordance with the terms hereof (together with ICP and ICPPC, the "Sellers"), and INTER-CITY PRODUCTS RECEIVABLES COMPANY, L.P., a Tennessee limited partnership ("Buyer"). Pursuant to the Pooling and Servicing Agreement dated as of the date hereof (as amended, supplemented or otherwise modified from time to time, the "Pooling Agreement"), Buyer intends to transfer its interests in the Receivables sold pursuant hereto, together with Receivables contributed to Buyer by ICP and ICPPC from time to time, to the Trust in order to, among other things, finance its purchases hereunder. Except as otherwise defined herein, capitalized terms have the meanings assigned to them in Appendix A to the Pooling Agreement, and this Agreement shall be interpreted in accordance with the conventions set forth in Part B of such Appendix A.
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Related to Automatic Termination 31

  • 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.

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be eff ected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity an d up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of t he ESC Region 8 and TIPS. Does vendor agree? Yes

  • Voluntary Termination; Termination for Cause If Executive’s employment with the Company terminates voluntarily by Executive or for “Cause” by the Company, then (i) all vesting of the Option will terminate immediately and all payments of compensation by the Company to Executive hereunder will terminate immediately (except as to amounts already earned), and (ii) Executive will only be eligible for severance benefits in accordance with the Company’s established policies as then in effect.

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Voluntary Resignation; Termination for Cause If Executive’s employment with the Company terminates (i) voluntarily by Executive (other than for Good Reason) or (ii) for Cause by the Company, then Executive will not be entitled to receive severance or other benefits except for those (if any) as may then be established under the Company’s then existing severance and benefits plans and practices or pursuant to other written agreements with the Company.