Common use of Cessation of Restrictions Clause in Contracts

Cessation of Restrictions. The Final Prohibition and the Category III Interim Restrictions shall cease as soon as the Bank is no longer in Category III, as indicated in the most recent notice from the Scorekeeper under Section 1.09. The Bank shall continue, however, to be subject to such other obligations under this Restated MAA as may apply to it by reason of its being in another Category.

Appears in 3 contracts

Samples: Market Access Agreement, Market Access Agreement, Market Access Agreement

AutoNDA by SimpleDocs

Cessation of Restrictions. The Final Prohibition Restrictions and the Category III II Interim Restrictions shall cease as soon as the Bank is no longer in Category IIIII, as indicated in the most recent notice from the Scorekeeper under Section 1.09. The Bank shall continue, however, to be subject to such other obligations under this Restated MAA as may apply to it by reason of its being in another Category.

Appears in 3 contracts

Samples: Market Access Agreement, Market Access Agreement, Market Access Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!