Events of Default and Termination Events. The following Events of Default and Termination Events shall apply to Party A and Party B as set forth below:
Events of Default and Termination Events. (i) The following provisions of Section 5 will not apply to either Party A or Party B: Section 5(a)(ii) Section 5(a)(iii) Section 5(a)(iv) Section 5(a)(v) Section 5(a)(vi) Section 5(b)(iii) Section 5(b)(iv)
Events of Default and Termination Events. The following Events of Default and Termination Events shall apply to Party A and Party B as set forth below: Event of Default/Termination Event Applies to Party A Applies to Party B Section 5(a)(i) Payment Default No No Section 5(a)(ii) Breach of Agreement No No Section 5(a)(iii) Credit Support Default No No Section 5(a)(iv) Misrepresentation No No Section 5(a)(v) Default Under Specified Transaction Yes Yes Section 5(a)(vi) Cross Default No No Section 5(a)(vii) Bankruptcy Yes Yes Section 5(a)(viii) Merger Without Assumption No No Section 5(b)(i) Illegality Yes Yes Section 5(b)(ii) Tax Event No No Section 5(b)(iii) Tax Event Upon Merger No No Section 5(b)(iv) Credit Event Upon Merger No No Section 5(b)(v) Additional Termination Events No No
Events of Default and Termination Events. Breach of Agreement" provisions of Section 5(a)(ii) will apply amended as following: "Failure by the party to comply with or perform any obligation in accordance with this Agreement if such failure is not remedied on or before the thirtieth day after notice of such failure is given to the party".
Events of Default and Termination Events. (i) The following provisions of Section 5 will not apply to either Party A or Party B: Section 5(a)(ii) Section 5(a)(iii) Section 5(a)(iv) Section 5(a)(v) Section 5(a)(vi) Section 5(a)(viii) Section 5(b)(ii) Section 5(b)(iii) Section 5(b)(iv)
(ii) Section 5(a)(i) will not apply to the extent it relates to a failure to include in amounts due to be paid to Party A under the Fixed Swap any Early Repayment Costs for the related Collection Period.
Events of Default and Termination Events. (a) Events of Default. The occurrence at any time with respect to a party or, if applicable, any Credit Support Provider of such party or any Specified Entity of such party of any of the following events constitutes (subject to Sections 5(c) and 6(e)(iv)) an event of default (an “Event of Default”) with respect to such party:-
(i) Failure to Pay or Deliver. Failure by the party to make, when due, any payment under this Agreement or delivery under Section 2(a)(i) or 9(h)(i)(2) or (4) required to be made by it if such failure is not remedied on or before the first Local Business Day in the case of any such payment or the first Local Delivery Day in the case of any such delivery after, in each case, notice of such failure is given to the party;
(ii) Breach of Agreement; Repudiation of Agreement.
(1) Failure by the party to comply with or perform any agreement or obligation (other than an obligation to make any payment under this Agreement or delivery under Section 2(a)(i) or 9(h)(i)(2) or (4) or to give notice of a Termination Event or any agreement or obligation under Section 4(a)(i), 4(a)(iii) or 4(d)) to be complied with or performed by the party in accordance with this Agreement if such failure is not remedied within 30 days after notice of such failure is given to the party; or
(2) the party disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, this Master Agreement, any Confirmation executed and delivered by that party or any Transaction evidenced by such a Confirmation (or such action is taken by any person or entity appointed or empowered to operate it or act on its behalf);
Events of Default and Termination Events. (i) The “Events of Default” specified in Sections 5(a)(ii), 5(a)(iii), 5(a)(iv) and 5(a)(v) shall not apply to Party B, except that Section 5(a)(iii)(1) will apply in respect of Party B’s obligations under the Credit Support Annex.
Events of Default and Termination Events in which case the transfer value shall (unless otherwise agreed by the Secretary of State) be nil.”
Events of Default and Termination Events. Sections 5(a) and 5(b) of this Agreement are hereby modified with respect to Party B, such that the occurrence at any time with respect to any Party B Group Member or, if applicable, any Specified Entity or Credit Support Provider of Party B, of any of the events set forth in clauses (i) through (viii) of Section 5(a) or (i) through (iii) of Section 5(b), shall constitute an Event of Default or Termination Event, as applicable, with respect to Party B and each Party B Group Member.
Events of Default and Termination Events. (a) The occurrence at any time with respect to a party or, if applicable, any Credit Support Provider of such party or any Specified Entity of such party of any of the following events constitutes an Event of Default (an Event of Default) with respect to such party:--
(i) Failure to Pay or Deliver. Failure by the party to make, when due, any payment under this Agreement or delivery Section 5(a)(i) required to be made by it if such failure is not remedied on or before the third Local Business Day after notice of such failure is given to the party;
