Purchase Termination Date Sample Clauses
The Purchase Termination Date clause defines the specific date by which a purchase agreement may be terminated if certain conditions are not met. In practice, this clause sets a clear deadline for the parties to fulfill obligations such as securing financing, completing due diligence, or obtaining necessary approvals. By establishing a firm cutoff point, the clause provides certainty and prevents the transaction from lingering indefinitely, thereby protecting both parties from prolonged uncertainty or unnecessary commitment.
Purchase Termination Date. The occurrence of the “Purchase Termination Date” under and as defined in any Receivables Sale Agreement.
Purchase Termination Date. (a) The "Purchase Termination Date" shall be the earlier to occur of (i) the Facility Termination Date and (ii) the date of termination of the purchase facility with respect to Purchases pursuant to subsection (b).
Purchase Termination Date. (a) As to the Purchaser or any Bank Investor, the "Purchase Termination Date" with respect to such entity shall be the earlier to occur of (i) the Commitment Termination Date, (ii) the day the Purchase Termination Date is declared or occurs pursuant to Section 11.2, (iii) the date of termination of the Commitment with respect to Purchases by the Purchaser pursuant to subsection (b) hereof, and (iv) the date the Purchase Limit is reduced to zero.
Purchase Termination Date. The Trust's commitment to purchase Receivables and other property hereunder and under any Transfer Agreement shall terminate upon the earliest to occur of the following (the "Purchase Termination Date"):
(i) The date that is 364 days from the Closing Date; PROVIDED, HOWEVER, the parties to this Agreement (with the consent of JPMD) may mutually agree in writing to the extension of such date to a date no later than 364 days following the date of such extension;
(ii) A date upon which a Purchase Termination Event has occurred and is continuing and (A) JPMD declares a Purchase Termination Date in a notice in accordance with the terms of subsection 2 below, or (B) such date becomes a Purchase Termination Date automatically in accordance with the terms of subsection 2 below;
(iii) The initial cutoff date with respect to a Securitized Offering, as specified in the preliminary offering document with respect to the securities to be issued in connection with such Securitized Offering;
(iv) A date on which a Note Purchase Termination Event has occurred and is continuing; or
(v) A date on which a Certificate Purchase Termination Event has occurred and is continuing.
Purchase Termination Date. If all of the conditions to Closing set forth in Sections 13.1 and 14.1 (other than, in each case, conditions to be satisfied on the Closing Date) have not been satisfied and/or waived on or before the earlier of:
(a) if Barrick does not acquire any Placer Shares pursuant to the Bid, the Bid Expiration Date;
(b) if Barrick acquires any Placer Shares pursuant to the Bid, five months after the Bid Expiration Date; and
(c) October 31, 2006, (the “Purchase Termination Date”) then the obligation of Barrick to sell, and the obligation of Goldcorp to purchase, the Transferred Assets shall terminate; provided that the Purchase Termination Date may be extended once by up to 30 days by a party if all of the conditions of Closing in favour of the other party (other than those conditions to be satisfied on the Closing Date) have been satisfied or waived on or before the Purchase Termination Date and the conditions of Closing in favour of the extending party (other than those conditions to be satisfied on the Closing Date) have not been satisfied by the Purchase Termination Date and are reasonably expected to be satisfied in the 30-day period after the initial Purchase Termination Date. Such termination shall not affect any of the other rights and obligations or remedies of the parties under this Agreement.
Purchase Termination Date. The "Purchase Termination Date" means the ------------------------- ------------------------- earliest of (a) the date of termination of this Agreement pursuant to Section ------- 6.2(i) or (ii), (b) the Final Pay Out Date, (c) the date of any Termination ------ ---- Event of the type described in Section 10.01(p) of the Securitization Agreement ---------------- and (d) the date of any Event of Bankruptcy with respect to the Company.
Purchase Termination Date. The occurrence of the "PURCHASE TERMINATION DATE" under and as defined in the Receivables Sale Agreement.
Purchase Termination Date. As defined in the Receivables Securitization Facility Documents as in the form delivered to the Agent on the date hereof. Rabbi Trust. Any trust established for the satisfaction of obligations of any of Zale or its Subsidiaries for deferred compensation, the terms of which trust will not, at any time, result in such obligations being treated as funded under applicable Department of Labor and Internal Revenue Service guidelines as of the date hereof. Real Estate. All real property owned or leased (as lessee or sublessee) by Zale or any of its Subsidiaries.
Purchase Termination Date. The “Purchase Termination Date” for any Originator shall be the earlier of (i) date the Purchase Facility is terminated with respect to such Originator pursuant to Section 8.2 or (ii) the Termination Date (as such term is defined in the Receivables Loan Agreement).
Purchase Termination Date. 5 1.07. Voluntary Termination of Facility or Reduction of Maximum Purchase Limit. . . . 5 1.08.