Termination Amounts. Notwithstanding Section 6 of this Agreement, so long as Xxxxxx is (A) the Affected Party in respect of a Termination Event or (B) the Defaulting Party in respect of any Event of Default, paragraphs (i) to (viii) below shall apply: (i) The Counterparty shall not designate as an Early Termination Date a date earlier than 10 Business Days after the notice designating such Early Termination Date becomes effective. (ii) The definition of “Market Quotation” shall be deleted in its entirety and replaced with the following:
Appears in 13 contracts
Samples: Interest Rate Cap Transaction (Jpmac 2007-Ch1), Isda Master Agreement (Jpmac 2007-Ch2), Master Agreement (C-Bass 2007-Cb5 Trust)
Termination Amounts. Notwithstanding Section 6 of this Agreement, so long as Xxxxxx is (A) the Affected Party in respect of a an Additional Termination Event or a Tax Event Upon Merger or (B) the Defaulting Party in respect of any Event of Default, paragraphs (i) to (viii) below shall apply:
(i) The Counterparty shall not designate as an Early Termination Date a date earlier than 10 Business Days after the notice designating such Early Termination Date becomes effective.
(ii) The definition of “Market Quotation” shall be deleted in its entirety and replaced with the following:
Appears in 1 contract
Samples: Master Agreement (Jpmac 2006-Ch2)
