Common use of Payment by Counterparty Clause in Contracts

Payment by Counterparty. In the event that, following payment of the Premium, an Early Termination Date occurs or is designated with respect to the Transaction as a result of a Termination Event or an Event of Default (other than an Event of Default arising under Section 5(a)(ii) or 5(a)(iv) of the Agreement) and, as a result, Counterparty owes to Dealer an amount calculated under Section 6(e) of the Agreement such amount shall be deemed to be zero.

Appears in 20 contracts

Samples: Call Option Transaction (Omnicell, Inc.), Call Option Transaction (Ionis Pharmaceuticals Inc), Base Call Option Transaction (Twitter, Inc.)

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Payment by Counterparty. In the event that, following payment of the Premium, (i) an Early Termination Date occurs or is designated with respect to the Transaction as a result of a Termination Event or an Event of Default (other than an Event of Default arising under Section 5(a)(ii) or 5(a)(iv) of the Agreement) and, as a result, Counterparty owes to Dealer an amount calculated under Section 6(e) of the Agreement such amount shall be deemed Agreement, or (ii) Counterparty owes to be zero.Dealer, pursuant to Section 12.7 or Section

Appears in 1 contract

Samples: Base Call Option Transaction (Avaya Holdings Corp.)

Payment by Counterparty. In the event that, following payment of the Premium, (i) an Early Termination Date occurs or is designated with respect to the Transaction as a result of a Termination Event or an Event of Default (other than an Event of Default arising under Section 5(a)(ii) or 5(a)(iv) of the Agreement) and, as a result, Counterparty owes to Dealer an amount calculated under Section 6(e) of the Agreement such amount shall be deemed to be zero.amount

Appears in 1 contract

Samples: Base Call Option Transaction (Knowles Corp)

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Payment by Counterparty. In the event that, following payment of the Premium, that (i) an Early Termination Date occurs or is designated with respect to the Transaction as a result of a Termination Event or an Event of Default (other than an Event of Default arising under Section 5(a)(ii) or 5(a)(iv) of the Agreement) and, as a result, Counterparty owes to Dealer an amount calculated under Section 6(e) of the Agreement such amount shall be deemed to be zero.Agreement, or

Appears in 1 contract

Samples: Base Call Option Transaction (Tower Group, Inc.)

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