Substitution and Return Sample Clauses

Substitution and Return. (i) Upon notice to Buyer specifying the items of Credit Support to be exchanged, Seller may on any Business Day transfer to Buyer substitute Credit Support, and so long as no Event of Default or Default with respect to Seller has occurred and is continuing, Buyer shall return to Seller the items of Credit Support identified by Seller in its notice by not later than the fifth (5th) Business Day following the date on which Buyer receives the substitute Credit Support, except that Buyer will only be required to return Credit Support with a value as the date of transfer equal to the value of the substitute Credit Support as of the same date.
Sample 1Sample 2Sample 3See All (9)
AutoNDA by SimpleDocs
Substitution and Return. (i) Upon notice to PGE specifying the items of Credit Support to be exchanged, Seller may on any Business Day transfer to PGE substitute Credit Support, and so long as no Event of Default with respect to Seller has occurred and is continuing, PGE shall return to Seller the items of Credit Support identified by Seller in its notice by not later than the fifth (5th) Business Day following the date on which PGE receives the substitute Credit Support, except that PGE will only be required to return Credit Support with a value as the date of transfer equal to the value of the substitute Credit Support as of the same date.
Sample 1Sample 2Sample 3

Related to Substitution and Return

  • Termination and Return of Materials Within five (5) days of the end of the term of this Agreement or receipt of notice of termination by the MLS, the Receiving Party will return to the MLS all Confidential Information and all other materials provided by the MLS to the Receiving Party. The Receiving Party will also erase, delete, or destroy any Confidential Information stored on magnetic media on other computer storage, including system backups. Upon the request of the MLS, an officer of the Receiving Party will certify in writing that all materials have been returned to the MLS and all magnetic or computer data has been destroyed.

  • Cancellation and Refunds This and the following paragraph apply if you buy as a consumer as defined in the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 (the “Regulations”). Provided the Regulations apply to the transaction concerned, then the following terms apply to the contract.

Time is Money Join Law Insider Premium to draft better contracts faster.