Consequences of Termination Event. If a Termination Event occurs, the Client agrees that UOBKH shall be similarly entitled to exercise any or all of the rights available to it upon the occurrence of a Default under Clause A9.1 of this Agreement.

Consequences of Termination Event. This paragraph is subject to any netting agreement which we may enter into with you (such as the United Kingdom Futures and Options Association Master Netting Agreement) so that any transaction falling within the scope of that netting agreement shall be dealt with as provided in that agreement and not as provided in these Terms of Business (and in case of inconsistency with these Terms of Business, that netting agreement shall prevail).

Consequences of Termination Event. Upon the occurrence of a Termination Event under Section 9.1, Fxxxxxx Mac shall be entitled at its sole and exclusive option, to terminate its obligations to issue Commitments; it being understood and agreed that if a Termination Event shall also constitute a default or event of default by Borrower under any Loan Document, then the provisions of this Section 9.2 shall not be deemed to preclude Fxxxxxx Mac from exercising all of its rights and remedies provided for under such applicable Loan Document. Notwithstanding the foregoing, Fxxxxxx Mac also shall be entitled at its option not to terminate its obligations to issue Commitments and to elect to modify the terms set forth in this Agreement under which Fxxxxxx Mac will agree to issue additional Commitments under this Agreement.

Consequences of Termination Event. (a) Within the Termination Event Call Option Period, the non-Termination Triggering Member or Member Group may (but shall not be required to), in its sole discretion, elect to exercise a call option with respect to all, but not less than all, of the Membership Interests of the Termination Triggering Member or Member Group (a “Termination Event Call Option”) for a purchase price equal to the Termination Event Purchase Price. To exercise the Termination Event Call Option, the non-Termination Triggering Member or Member Group must deliver a notice of exercise (a “Termination Event Call Option Request”) to the Company and the Termination Triggering Member or Member Group on or before the end of the Termination Event Call Option Period. If the non-Termination Triggering Member or Member Group delivers a timely Termination Event Call Option Request, the Members will determine, or cause to be determined, the FMV in accordance with Section 17.08. If the non-Termination Triggering Member or Member Group fails to deliver a Termination Event Call Option Request on or prior to the end of the Termination Event Call Option Period, the right to exercise the Termination Event Call Option will expire. The exercise of a Termination Event Call Option shall be in addition to any damages available at law or in equity. (b) In the event of a timely exercise of the Termination Event Call Option, the closing of the purchase of the Called Interests pursuant to a Termination Event Call Option (the “Termination Event Call Option Closing”) shall occur within ninety (90) days after the determination of the FMV in accordance with Section 17.08 (unless a later date shall be required under applicable Laws), at which time the non-Termination Triggering Member or Member Group will deliver, by wire transfer of immediately available funds to an account designated by the Termination Triggering Member or Member Group, the Termination Event Purchase Price, and the Termination Triggering Member or Member Group shall deliver (and absent such delivery shall be deemed hereby to have delivered) to the non-Termination Triggering Member or Member Group an assignment of all its or their right, title and interest in or to the Called Interests. Notwithstanding any other provision herein to the contrary, no Termination Event Call Option Closing will occur (i) unless such Termination Event Call Option Closing is permitted under applicable Law and (ii) unless and until any and all necessary approvals, author...

Consequences of Termination Event. If any Termination Event shall occur and be continuing, then in any such case and at any time thereafter so long as any such Termination Event shall be continuing, Buyer may, at its option, immediately terminate Buyer's commitment to accept Renewal Notes and to make any Incremental Purchases hereunder. In addition, upon the occurrence of any Termination Event specified in (c), (d) or (e) of Section 8.01, subject to the provisions of Section 9.13, this Agreement shall automatically and immediately terminate. Thereafter, and before exercising any other remedies provided herein or by applicable law, Buyer may, at its option, require that Seller repurchase all Loans and related Property Notes for the Repurchase Amount within two (2) Business Days of receipt of notice from Buyer of its election to cause the repurchase of all Loans. In addition, Buyer may pursue all other rights and remedies available herein and by applicable law including, without limitation, its rights to pursue collection from Seller in an amount equal to the applicable Repurchase Amount.

Consequences of Termination Event. If any Termination Event shall occur and be continuing, then in any such case and at any time thereafter so long as any such Termination Event shall be continuing, the Buyer may, at its option, immediately terminate the Buyer's commitment to accept Renewal Notes and to make any Incremental Purchases hereunder. In addition, upon the occurrence of any Termination Event specified in (c), (d) or (e) of Section 9.01 or a Termination Event arising out of Servicer's or Guarantor's insolvency or involvement in a voluntary or involuntary bankruptcy proceeding, subject to the provisions of Section 10.13, this Agreement shall automatically and immediately terminate. Thereafter, and before exercising any other remedies provided herein or by applicable law, Buyer may, at its option, require that Seller repurchase all Loans and related Property Notes for the Repurchase Amount within two 2 Business Days of receipt of notice from the Buyer of its election to cause the repurchase of all Loans. In addition, Buyer may pursue all other rights and remedies available herein and by applicable law including, without limitation, its rights to pursue collection from the Seller in an amount equal to the applicable Repurchase Amount.

Consequences of Termination Event. Upon the occurrence of any Termination Event specified in (c), (d), or (e) of Section 9.01 or a Termination Event arising out of GCC's insolvency or involvement in a voluntary or involuntary bankruptcy proceeding, subject to the provisions of Section 10.13, this Agreement shall automatically and immediately terminate. If any Termination Event shall occur and be continuing, then in any such case and at any time thereafter so long as any such Termination Event shall be continuing, the Buyer may, at its option, immediately terminate the Buyer's commitment to make any Incremental Purchases hereunder. Thereafter, and before exercising any other remedies provided herein or by applicable law, Buyer may, at its option, require Seller to, and Seller shall, repurchase all Loans and related Property for the Repurchase Amount within ten (10) Business Days after receipt of notice from the Buyer of its election to cause such repurchase of all Loans. In addition, Buyer may pursue all other rights and remedies available herein and by applicable law including, without limitation, its rights to pursue collection from the Seller in an amount equal to the Repurchase Amount.

Consequences of Termination Event. Upon the occurrence of any Termination Event, the Minister may declare the Termination Date to have occurred and this Agreement shall thereupon terminate. Upon such termination the Issuer shall no longer be entitled to submit any further Guarantee Certificate Applications and any Guarantee Certificates that have been issued but in respect of which the related Guaranteed Instrument has not yet been issued shall be automatically revoked. The Guarantor shall give notice of such termination to the Issuer, but the failure to give such notice shall not affect the effectiveness of such termination.

Consequences of Termination Event. Upon the occurrence of any Termination Event specified in (c), (d), or (e) of Section 9.01 or a Termination Event arising out of GCC's insolvency or involvement in a voluntary or involuntary bankruptcy proceeding, subject to the provisions of Section 10.13, this Agreement shall automatically and immediately terminate. If any Termination Event shall occur and be continuing, then in any such case and at any time thereafter so long as any such Termination Event shall be continuing, the Buyer may, at its option, immediately terminate the Buyer's commitment to make any Incremental Purchases hereunder. If any Termination Event under Section 9.01(k) shall occur, then at any time thereafter the Buyer shall have the right, exercisable in its sole discretion, immediately to terminate this Agreement. Thereafter, and before exercising any other remedies provided herein or by applicable law, Buyer may, with respect to Loans purchased by Buyer hereunder on or after January 1, 1997, at its option, require Seller to, and Seller shall, repurchase all Loans and related Property for the Repurchase Amount within ten (10) Business Days after receipt of notice from the Buyer of its election to cause such repurchase of all Loans. In addition, Buyer may pursue all other rights and remedies available herein and by applicable law including, without limitation, its rights to pursue collection from the Seller in an amount equal to the Repurchase Amount.

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