Partial Termination Date definition
Examples of Partial Termination Date in a sentence
The performance of such Reference Pool during the period commencing at the end of the immediately preceding Reporting Period and continuing until the related Partial Termination Date shall be disregarded for purposes of calculating such final payment obligations.
The first installment will be due and payable not later than six months after the Partial Termination Date or the Termination Date and additional installments will be due and payable on each of the next five annual anniversaries of the Termination Date or the Partial Termination Date.
Each installment withdrawn is limited to the larger of $[1.5] million or [ten percent (10%)] of the total amount to be withdrawn and the first payment will be made not later than [six] months after the Termination Date or the Partial Termination Date.
If the Agreement is partially terminated under Section 3.01(B), then the Partial Termination Date will be agreed upon by the parties, provided that the Partial Termination Date will be no less than [five] Business Days after the parties agree to the partial termination.
This option provides for a lump-sum cash payment of the amount of the full or partial Termination Payment and is available only if the Market Value Factor equals or exceeds one hundred percent as of the Termination Date or the Partial Termination Date.