OneAffected Party Sample Clauses

OneAffected Party. TheEarly Termination Procedurewill trigger calculation of theTotal Termination Amount, which will beequivalent to the algebraic addition of: 11.4.1.1.1 The Replacement Value forthe Non-affected Party (as determined bythe Calculation Agent) for each Transaction underthe Early Termination Procedure; it being understood that, to determine theTotal Termination Amount, (i) any amount that would have beenpayable bythe Non-affected PartytotheReference Counterparty, in calculating the Replacement Value, will be accounted as a positive number for the Non-affected Partyand,as a negative number for the Affected Partyand (ii) any amount that would have been payable to the Non-affected Partyby the Reference Counterparty, in calculating the Replacement Value, will be accounted as a negative number for the Non-affected Partyand as a positive number for the Affected Party; plus

Related to OneAffected Party

  • One Affected Party If there is one Affected Party, the amount payable will be determined in accordance with Section 6(e)(i)(3), if Market Quotation applies, or Section 6(e)(i)(4), if Loss applies, except that, in either case, references to the Defaulting Party and to the Non-defaulting Party will be deemed to be references to the Affected Party and the party which is not the Affected Party, respectively, and, if Loss applies and fewer than all the Transactions are being terminated, Loss shall be calculated in respect of all Terminated Transactions.

  • Affected Party 11.2.1 An affected Party means Buyer or the SPD whose performance has been affected by an event of Force Majeure.

  • Two Affected Parties If an Illegality under Section 5(b)(i)(1) or a Tax Event occurs and there are two Affected Parties, each party will use all reasonable efforts to reach agreement within 30 days after notice thereof is given under Section 6(b)(i) on action to avoid that Termination Event.

  • Termination Payment for Force Majeure Event 30.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 55% (fifty five per cent) of the Debt Due less Insurance Cover. 30.9.2 If Termination is on account of an Indirect Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to: (a) 55% of the Debt Due less Insurance Cover; provided that if any insurance claims forming part of the Insurance Cover are not admitted and paid, then 80% (eighty per cent) of such unpaid claims shall be included in the computation of Debt Due; (b) 60.5% (sixty point five per cent) of the Adjusted Equity; and 30.9.3 If Termination is on account of a Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount that would be payable under Clause 33.3.2 as if it were Authority’s Default.

  • Termination of Related Party Agreements Except as set forth on Schedule 9.7, all existing agreements between the Company and the Stockholders (and between the Company and entities controlled by the Stockholders) shall have been canceled effective prior to or as of the Consummation Date.