Common use of Party A transfer of Charged Assets Clause in Contracts

Party A transfer of Charged Assets. In the event that Party A has delivered a Substitution Notice pursuant to Condition 4(b)(i) (Substitution at direction of Counterparty) giving notice to Party B of its intention to substitute cash comprising the Charged Assets with certain Eligible Bonds (such Eligible Bonds as specified in the Substitution Notice, the "Replacement Collateral Securities"), Party A shall, on the date specified for such substitution in the Substitution Notice, transfer the Replacement Collateral Securities to Party B. The provisions of Condition 4(b) (Substitution of Charged Assets) will apply to each of the parties in respect of any such substitution.

Appears in 6 contracts

Samples: www.appsbbva.com, www.appsbbva.com, www.appsbbva.com

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Party A transfer of Charged Assets. In the event that Party A has delivered a Substitution Notice pursuant to Condition 4(b)(i) (Substitution at direction of Counterparty) giving notice to Party B of its intention to substitute cash comprising the Charged Assets with certain Eligible Bonds Investments (such Eligible Bonds Investments as specified in the Substitution Notice, the "Replacement Collateral SecuritiesCharged Assets"), Party A shall, on the date specified for such substitution in the Substitution Notice, transfer the Replacement Collateral Securities Charged Assets to Party B. The provisions of Condition 4(b) (Substitution of Charged Assets) will apply to each of the parties in respect of any such substitution.

Appears in 3 contracts

Samples: Letter Agreement, www.appsbbva.com, www.bbva.es

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Party A transfer of Charged Assets. In the event that Party A has delivered a Substitution Notice pursuant to Condition 4(b)(i) (Substitution at direction of Counterparty) giving notice to Party B of its intention to substitute cash comprising the Charged Assets with certain Eligible Bonds Investments (such Eligible Bonds Investments as specified in the Substitution Notice, the "Replacement Collateral SecuritiesCharged Assets"), Party A shall, on the date specified for such substitution in the Substitution Notice, transfer the Replacement Collateral Securities Charged Assets to Party B. The provisions of Condition 4(b) (Substitution of Charged Assets) will apply to each of the parties in respect of any such substitution.. Party B transfer of Charged Assets

Appears in 1 contract

Samples: www.appsbbva.com

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