Termination of Transactions Sample Clauses

Termination of Transactions. If the exercise of the Bank’s rights under Clause 9.5 results in the termination of any Transaction (save in the case termination takes place due to voluntary prepayment), that Transaction shall, for the purposes of the Master Swap Agreement (including, without limitation, section 6(e)(i) of the Master Swap Agreement) be treated as a Terminated Transaction resulting from an Event of Default by the Borrower,
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Termination of Transactions. The provisions of this Agreement relating to (and only to the extent relating to) the consummation of the Transactions may be terminated at any time prior to the Closing: (a) by mutual written consent of the Seller and the Purchaser; (b) by either the Seller or the Purchaser if any court of competent jurisdiction shall have issued an Order, decree or ruling or taken any other action restraining, enjoining, making illegal or otherwise prohibiting the consummation of any of the Transactions and such Order, decree, ruling or other action shall have become final and nonappealable; provided, that the Party so requesting termination shall have used its reasonable best efforts in accordance with Section 7.2(a) to have such Order, decree, ruling or other action vacated; (c) by the Purchaser in the event of a failure of the Seller’s representations, as set forth in Article IV (other than Section 4.7), to be true and correct or a material breach by the Seller or a Seller Party of its obligations or agreements hereunder, in each case that would cause a condition set forth in Section 8.1 or Section 8.3 not to be satisfied, which failure or breach remains uncured for sixty (60) days following written notice thereof by the Purchaser to the Seller; (d) by the Seller in the event of a failure of the Purchaser’s representations, as set forth in Article V (other than Section 5.5) or the Management Holdcos’ representations, as set forth in Article VI (other than Section 6.5), to be true and correct or a material breach by the Purchaser of its obligations or agreements hereunder, in each case that would cause a condition set forth in Section 8.1 or Section 8.2 not to be satisfied, which failure or breach remains uncured for sixty (60) days following written notice thereof by the Seller to the Purchaser; or (e) by either the Seller or the Purchaser if the Closing has not occurred by the 180th day following the date hereof; provided, that the Party so requesting termination shall not have breached any provision of this Agreement in a manner that primarily caused the failure of the Closing to occur by such date. The Party seeking to terminate such provisions of this Agreement pursuant to this Section 10.1 (other than Section 10.1(a)) shall give prompt written notice of such termination to each other Party.
Termination of Transactions. If you terminate Online Banking, you authorize us to continue making transfers that was in process which you previously authorized until we have had a reasonable opportunity to act upon your termination notice. Once we have acted upon your termination notice, we will make no further transfers of payments from your Accounts, including any transfers or payments you have previously authorized.
Termination of Transactions. Notwithstanding the provisions of Paragraph 3(c) of the Agreement, in the case of Transactions terminable upon demand, such demand shall be made by Buyer or Seller by telephone, by email or otherwise in accordance with the Agreement no later than 10:00 a.m. New York City time on a Business Day if termination is to occur on that Business Day.
Termination of Transactions. I. If for whatever reason, any Event of Default (as defined in Chapter 1) occurs, the Bank shall immediately be entitled, at its discretion and without any notice or other formalities, to: (1) liquidate all or any of the Customer’s open positions; and/or (2) terminate all or any of the Customer’s outstanding transactions entered into with the Bank as principal (including all outstanding over-the-counter derivatives transactions). Upon such termination, all obligations (whether or not they are then payable), which have not yet been performed under the transactions shall be canceled and replaced by the obligation by one party to pay a liquidation value to the other. The liquidation value shall be the value of the cost of entering into a replacement transaction, calculated as the amount that would be payable for concluding a transaction on terms identical to those of the liquidated transaction at the date of the early termination, plus all amounts due from the Customer under the transaction but not yet paid, less all amounts due to the Customer under the transaction but not yet paid, and determine the net loss or gain to the Customer arising from the foregoing. In doing so the Bank may convert any amount to Singapore dollars or any other currency selected by the Bank, and may have regard to any loss of bargain, cost of funding, cost or expense associated with unwinding or re-establishing any hedge or related trading position or any gain resulting from any of them. The net amount calculated by the Bank shall be conclusive, final and binding on the Customer, unless there has been manifest error on the part of the Bank. II. Where the net amount is a loss sustained by the Customer, the Customer shall pay such net amount to the Bank on the Business Day after receiving notice of such amount from the Bank. The Bank may at its discretion sell any Collateral held by the Bank and apply the proceeds thereof, and/or apply any cash Collateral, in discharge of the Customer’s obligation to pay such amount. III. Where the net amount is a gain to the Customer, the Bank shall pay such net amount to the Customer on the Business Day after notifying the Customer of such amount. Notwithstanding the foregoing (and without prejudice to the Bank’s rights of set-off under the General Terms), the Bank shall be entitled to set off against such payment obligation any other Liabilities owed by the Customer to the Bank, whatever their origin, and without taking into account any Collateral ...
Termination of Transactions. If the exercise of the Agent's rights under Clause 7.5 results in the termination of any Transaction, that Transaction shall, for the purposes of the Master Agreement (including, without limitation, section 6(e)(i) of the Master Agreement) be treated as a Terminated Transaction resulting from as Event of Default by the Borrowers.
Termination of Transactions. ESCO may elect to terminate one or more outstanding Transactions by providing a written notice of such termination to Originator designating a termination date for such Transactions, and upon such termination date such outstanding Transactions shall terminate with the amounts payable resulting from such termination being determined as if an Event of Default with respect to ESCO existed (without implying the existence thereof for any other purpose), and being settled within ten (10) Local Business Days.
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Termination of Transactions. Payments initiated in relation to a Transaction may be declined for various reasons, including reasons that are beyond our control or not reasonably foreseeable. You acknowledge and agree that we may terminate any Transaction where payment was declined for any reason. We will notify you as far as reasonably possible in the event of our termination of any Transaction.
Termination of Transactions. The parties agree that: (a) upon the effectiveness of this Termination Agreement, all the Transactions shall be terminated in their entirety; and (b) effective upon payment by CS to Counterparty of $32,000,000 and delivery by Counterparty to CS of 2,000,000 Shares (the “Settlement Shares”), each on March 4, 2009 (the “Early Settlement Date”), both CS and Counterparty shall have satisfied in full their obligations under the Confirmation; and (c) effective upon delivery by CS to Counterparty of 7,920,000 Shares on the Early Settlement Date, CS shall have satisfied in full its obligations under the SIA.
Termination of Transactions a. Minimum Amount and Unit for termination: As specified in the Chinese product prospectus or equivalent to USD 10,000. b. Bank SinoPac processes the termination of securities transactions as per the Client's instructions. Unless otherwise instructed by the Client, the Client agrees that Bank SinoPac shall process the termination of the securities in a First-In-First-Out manner, regarding face value or unit number. Following the partial termination of securities transactions, the Client agrees that the remaining trust property details will be recorded by Bank SinoPac in the Client's trust account and Bank SinoPac will send a transaction statement to the Client without providing a physical trust certificate. c. The product is open for termination every business day starting from the issue date or after the closure period. The Client must submit a termination request within the business hours of each open termination date. If the open termination date is a holiday, the effective day shall be postponed to the next business day. For each trust principal termination request, the minimum amount or unit number shall subject to the Chinese product prospectus. If the Client chooses to invest in this product by deducting foreign currency, the Client agrees that Bank SinoPac will actively process the termination of the product upon maturity, on early maturity, or when the issuer exercises early termination rights. Upon receiving the termination proceeds from the issuer within a reasonable period, Bank SinoPac will transfer the termination proceeds, after deducting trust management fees, to the Client's designated account for the product's maturity termination. If the Client chooses to invest in this product by deducting the fund in NTD, Bank SinoPac will actively process the termination, and, on the next day of receiving the termination proceeds from the issuer, after deducting trust management fees and settling at the prevailing USD (or other foreign currencies) buying interest rate at Bank SinoPac, the termination proceeds will be transferred to the Client's designated account for the product's maturity termination.
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