Common use of Accession and Termination Clause in Contracts

Accession and Termination. ‌ 4.1 An entity may become a Party to this Agreement after June 16, 2015 by executing and delivering to ISDA a counterpart of this Agreement. Such entity shall become a Party to this Agreement 14 days after its name and LEI are distributed by ISDA to the other Parties to this Agreement in an updated Schedule 1 to this Agreement (the “Accession Date”). The agreements set forth in Section 3 of this Agreement will take effect with respect to such Party from the Accession Date. 4.2 A Party may terminate its agreement set forth in Section 3 of this Agreement in respect of future Transactions by executing and delivering to ISDA a notice substantially in the form of Schedule 2 to this Agreement. Such Party’s termination shall take effect 60 days after ISDA distributes a notice of such termination to the other Parties to this Agreement (the “Termination Date”). For the avoidance of doubt, the terminating Party’s rights and obligation under Section 3 of this Agreement in respect of all Transactions entered into by the Party prior to the Termination Date shall continue in full force and effect.