Sale and Contribution Termination Date Sample Clauses
The "Sale and Contribution Termination Date" clause defines the specific date on which the rights and obligations related to the sale and contribution of assets under an agreement will end. In practice, this clause sets a clear cutoff point after which no further assets can be sold or contributed under the terms of the contract, and any ongoing responsibilities or benefits cease. By establishing a definitive termination date, the clause provides certainty for all parties, ensuring that the duration of their commitments is clearly understood and helping to prevent disputes over ongoing obligations.
Sale and Contribution Termination Date. The “Sale and Contribution Termination Date” shall be the earlier to occur of (a) the date the Purchase Facility is terminated by Buyer (with the prior written consent of the Administrative Agent) pursuant to Section 8.2(a) and (b) the Final Payout Date.
Sale and Contribution Termination Date. The “Sale and Contribution Termination Date” shall be the earliest to occur of (a) the date the Purchase Facility is terminated pursuant to Section 8.2 and (b) the Payment Date (as defined in Section 2.2) immediately following the day on which the Transferor shall have given written notice to the Company and the Administrator at or prior to 10:00 a.m. (New York City time) that the Transferor desires to terminate this Agreement.