Term of this Guarantee Sample Clauses

Term of this Guarantee. This Guarantee shall continue in full force and effect until the Obligations and the obligations of the Guarantor hereunder shall be paid in full and the Commitments shall have been terminated. Upon such payment and termination, this Guarantee shall automatically terminate and the guarantee hereunder released and the Administrative Agent and the Lenders shall, upon the request of the Guarantor and at the expense of the Guarantor, execute such documents and instruments evidencing such termination and release.
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Term of this Guarantee. (a) The Guarantee in respect of a Tranche shall be effective as of the first date on which both: (i) the Issue Date in respect of that Tranche has taken place; and (ii) CGIF has issued the CGIF Certificate in respect of that Tranche, (the Effective Date). (b) Subject to paragraph (c) below and Clause 2.7 (Reinstatement) and Clause 12 (Termination), the Guarantee in respect of a Tranche will cease to be effective on the earlier of: (i) the date on which all Guaranteed Amounts in respect of that Tranche have been paid, repaid or prepaid in full, or the payment obligations of the Issuer in respect of all such Guaranteed Amounts have been otherwise discharged or released pursuant to the Bond Documents or any other arrangement between the Issuer and the Guaranteed Party; (ii) the date of full redemption, prescription or cancellation of the Bonds under that Tranche; (iii) in the event of an occurrence of a Non-Payment Event in respect of that Tranche, the last day of a Demand Period; (iv) the date on which the Guaranteed Party takes an Acceleration Step in respect of that Tranche other than in respect of a CGIF Non-Payment Event in respect of that Tranche; (v) the date on which the Bonds under that Tranche become payable under the Bond Conditions on an accelerated basis at the instigation of the Issuer in accordance with the Bond Conditions (including, without limitation, as a result of the Issuer's voluntary redemption of the Bonds under that Tranche (whether in full or in part) prior to the Bond Maturity Date); (vi) the date on which a Bondholder exercises the Put Option to require the Issuer to redeem the Bonds under that Tranche prior to the Bond Maturity Date in accordance with the Bond Conditions; and (vii) the effective date of any termination of this Guarantee pursuant to Clause 12 (Termination), (such period of effectiveness of this Guarantee being the Guarantee Term). (c) The Guarantee in respect of a Tranche will remain effective where a Demand has been made in respect of that Tranche in accordance with this Agreement and payment by CGIF has not yet been made to the Guaranteed Party.
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Related to Term of this Guarantee

  • Term of this Agreement The term of this Agreement shall continue in effect, unless earlier terminated by either party hereto as provided hereunder, for a period of two years. Thereafter, unless otherwise terminated as provided herein, this Agreement shall be renewed automatically for successive one-year periods. This Agreement may be terminated without penalty: (i) by provision of sixty (60) days' written notice; (ii) by mutual agreement of the parties; or (iii) for "cause" (as defined herein) upon the provision of thirty (30) days' advance written notice by the party alleging cause.

  • Duration of this Agreement The Term of this Agreement shall be as specified in Schedule A hereto.

  • Amendment of this Agreement No provision of this Agreement may be changed, waived, discharged or terminated orally, but only by an instrument in writing signed by the party against whom enforcement of the change, waiver, discharge or termination is sought, and no amendment of this Agreement shall be effective until approved in a manner consistent with the 1940 Act and rules and regulations thereunder and any applicable SEC exemptive order therefrom.