Example ContractsClausesLoan Party Revocation
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Loan Party Revocation. Any Loan Party shall terminate or revoke any of its obligations under a Loan Document (other than as expressly permitted hereunder).

Revocation. I understand that I may revoke this Waiver and Release Agreement within 7 days after its signing and that any revocation must be made in writing and submitted within such 7-day period to PCS Administration (USA), Inc., 1101 Skokie Boulevard, Suite 400, Attn: Danielle Good, either in person or by mail with a postmark within the 7-day period. I further understand that if I revoke this Waiver and Release Agreement, my employment with the Company will still be terminated and I will not receive the severance pay set forth in paragraph 2 of the Letter Agreement.

Revocation. Employee may revoke this Agreement for a period of seven (7) calendar days following the day Employee executes this Agreement. Any revocation within this period must be submitted, in writing, to ​ and state, "I hereby revoke my acceptance of our Agreement and General Release." The revocation must be personally delivered or mailed to ​, [insert title] at ​, and delivered or postmarked within seven (7) calendar days of execution of this Agreement. This Agreement shall not become effective or enforceable until the revocation period has expired. If the last day of the revocation period is a Saturday, Sunday, or legal holiday, then the revocation period shall not expire until the next following day which is not a Saturday, Sunday, or legal holiday.

Revocation. Executive further acknowledges that he understands that he has seven (7) days after signing this Agreement to revoke it by delivering to _Person B:Person_eral Counsel, , 8501 Williams Road, Estero, Florida 33928, written notification of such revocation within the seven (7)-day period. If Executive does not revoke this Agreement, this Agreement will become effective and irrevocable by him on the eighth day after he signs it (or, if later, the Termination Date). If Executive revokes this Agreement, Executive hereby acknowledges and agrees that this Agreement shall be null and void and of no further force and effect, and his termination of employment shall be treated as a resignation by him without good reason for all purposes.

Revocation Right. Notwithstanding the initial effectiveness of this Confirming Release, Executive may revoke the delivery (and therefore the effectiveness) of this Confirming Release within the seven-day period beginning on the date Executive executes this Confirming Release (such seven-day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Executive and must be delivered personally or by courier to the Company so that it is received by Amy Thompson, Chief Human Resources Officer, , Inc., 2445 Technology Forest Blvd., Level 6, The Woodlands, TX 77381, no later than CT on the last day of the Confirming Release Revocation Period. If an effective revocation is delivered in the foregoing manner and timeframe, this Confirming Release will be of no force or effect and Executive will not receive the benefits set forth in [Sections 1(b)] of the Separation Agreement.

Review and Revocation Periods. Executive acknowledges that Executive has been given at least twenty-one (21) days to consider this Agreement from the date that it was first given to Executive. Specifically, Executive has been given until (the “Expiration Date”) to execute this Agreement. Executive agrees that changes in the terms of any version(s) of this Agreement, whether material or immaterial, do not restart the running of the consideration period. Executive may accept the Agreement by executing this Agreement within the designated time period. Executive shall have seven (7) days from the date that he executes the Agreement to revoke his acceptance of the Agreement by delivering written notice of revocation within the seven (7)-day period to the following Company contact:

Effective Date and Revocation. This Agreement shall not be effective until seven (7) days after Pennypacker signs it and returns it to ., Senior Vice President, General Counsel and Secretary. During that seven (7)-day period, Pennypacker may revoke his acceptance of this Agreement by delivering to Doerr a written statement stating he wishes to revoke this Agreement or not be bound by it. In addition, Pennypacker understands and agrees that this Agreement may be executed by him and the Company in counter-parts and that facsimile, copy or .pdf signatures shall be considered just as effective as original signatures.

No Right of Revocation. Guarantor understands and agrees that Guarantor may not revoke Guarantor’s future obligations under this Guaranty at any time prior to the date (the “Guaranty Termination Date”) on which: # the Warehouse Agreement has terminated in accordance with its terms; and # all duties and obligations of and any other Person to under the Warehouse Agreement and any other Warehouse Document (including Guarantor’s obligations to under this Guaranty) have been fully satisfied, paid and performed, as confirmed in writing by on or after the termination date of the Warehouse Agreement. If Guarantor is an individual and dies, Guarantor’s obligations under this Guaranty shall be binding on Guarantor’s estate.

Revocation of Deferral Election. If a Participant receives a distribution on account of Unforeseeable Emergency (or receives a distribution on account of hardship or unforeseeable emergency under any other plan sponsored by the Company, the terms of which require a revocation of deferrals under this Plan (including the 401(k) Plan)), any standing Deferral Election shall be revoked automatically and the Participant shall not, for the remainder of the Plan Year in which such distribution is received and the immediately following Plan Year, be entitled to make any further Deferral Election, nor shall the Company be required to recognize or implement any such Deferral Election with respect to such Participant.

Section # Governmental Authority and Licensing. The Loan Parties and their Restricted Subsidiaries have received all licenses, permits, and approvals of all federal, state, and local governmental authorities, if any, necessary to conduct their businesses, in each case where the failure to obtain or maintain the same would reasonably be expected to have a Material Adverse Effect. No investigation or proceeding which would reasonably be expected to result in revocation or denial of any material license, permit or approval is pending or, to the knowledge of any Loan Party, threatened, except to the extent such revocation or denial would not reasonably be expected to have a Material Adverse Effect.

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