Common use of ISDA Termination Clause in Contracts

ISDA Termination. (A) Dealer has the right to designate an Early Termination Date pursuant to Section 6 of the Agreement, in which case, except as a result of an Event of Default under Section 5(a)(i) of the Agreement (in which case Section 6 of the Agreement will apply) or to the extent the provisions of Section 7(m) below apply, the provisions of Section 7(g) below shall apply in lieu of the consequences specified in Section 6 of the Agreement; or (B) Counterparty has the right to designate an Early Termination Date pursuant to Section 6 of the Agreement, in which case, except as a result of an Event of Default under section 5(a)(vii) of the Agreement with respect to which Dealer is the sole Defaulting Party (in which case Section 6 of the Agreement will apply, subject to the provisions of Section 7(x) hereof), the provisions of Section 7(g) below shall apply in lieu of the consequences specified in Section 6 of the Agreement.

Appears in 2 contracts

Samples: Registered Forward Confirmation (National Storage Affiliates Trust), Registered Forward Transaction Confirmation (National Storage Affiliates Trust)

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ISDA Termination. (A) Dealer has the right to designate an Early Termination Date pursuant to Section 6 of the Agreement, in which case, except as a result of an Event of Default under Section 5(a)(i) of the Agreement (in which case Section 6 of the Agreement will apply) or to the extent the provisions of Section Paragraph 7(m) below apply, the provisions of Section Paragraph 7(g) below shall apply in lieu of the consequences specified in Section 6 of the Agreement; or (B) Counterparty has the right to designate an Early Termination Date pursuant to Section 6 of the Agreement, in which case, except as a result of an Event of Default under section Section 5(a)(vii) of the Agreement with respect to which Dealer is the sole Defaulting Party (in which case Section 6 of the Agreement will apply, subject to the provisions of Section 7(xParagraph 7(y) hereof), the provisions of Section Paragraph 7(g) below shall apply in lieu of the consequences specified in Section 6 of the Agreement.

Appears in 2 contracts

Samples: Master Forward Confirmation (DUKE REALTY LTD PARTNERSHIP/), Equity Distribution Agreement (DUKE REALTY LTD PARTNERSHIP/)

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ISDA Termination. (A) Dealer has the right to designate an Early Termination Date pursuant to Section 6 of the Agreement, in which case, except as a result of an Event of Default under Section 5(a)(i) of the Agreement (in which case Section 6 of the Agreement will apply) or to the extent the provisions of Section 7(m) below apply, the provisions of Section 7(g) below shall apply in lieu of the consequences specified in Section 6 of the Agreement; or (B) Counterparty has the right to designate an Early Termination Date pursuant to Section 6 of the Agreement, in which case, except as a result of an Event of Default under section 5(a)(vii) of the Agreement with respect to which Dealer is the sole Defaulting Party (in which case Section 6 of the Agreement will apply[, subject to the provisions of Section 7(x) hereofhereof13]), the provisions of Section 7(g) below shall apply in lieu of the consequences specified in Section 6 of the Agreement.

Appears in 1 contract

Samples: Sales Agreement (National Storage Affiliates Trust)

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