Terminating Events definition
Examples of Terminating Events in a sentence
The Depositor and the Beneficiary shall provide a joint written notice to ESOP upon the occurrence of the Terminating Events.
Unless extended by mutual, written agreement of the Co-Venturers pursuant to Section 7(a)(xiv) hereof, this Agreement shall continue from the Effective date until the earlier to occur of one of the Terminating Events specifically set forth in Section 16.1 hereof (such period in totality, the “Term”).
In addition to the expiration of the Term, --------------------- this Agreement may be terminated upon the occurrence of any event which, under Sections 6.2 or 6.3 hereof, are considered to be Terminating Events.
The Company undertakes that upon any of the aforesaid Terminating Events, it shall take all such actions and complete all such forms as are necessary to fully, automatically and unconditionally release the Policy and the Keren Hishtalmut Fund to the Employee or as the Employee shall direct.
For purposes of this Agreement, “Terminating Event” means the first of the following Terminating Events to occur with respect to such Member.
This Section sets forth the Terminating Events following the Agreement Date and, for each Terminating Event, the remedies applicable to each Terminating Event.
Section F sets forth the Terminating Events and the remedies applicable to each Terminating Event.
The purchase price will be the product of the Partnership Percentage of the purchased Units and (i) 10% of the Net Book Value if the Terminating Event is the Limited Partner’s breach of this Agreement, (ii) the Formula Value if the Terminating Event is a Limited Partner’s death, Retirement, relocation more than 60 miles from the Center or Disability, as determined by the General Partner, or (iii) the Net Book Value for all other Terminating Events.
TERMINATION 34 Section 21.01 Terminating Events 34 Section 21.02 Notice of Termination 35 Section 21.03 Remedies Upon Termination.
An Addendum, titled "Terminating Events", is attached to this Guaranty and by this reference is incorporated herein in its entirety as though all the terms and conditions of the Addendum had been fully set forth in this Commercial Guaranty.