Transaction Specific Terms Clause Samples
The Transaction Specific Terms clause defines the particular details and conditions that apply to a specific transaction under an agreement. It typically outlines key elements such as the parties involved, the subject matter, pricing, delivery dates, and any unique obligations or requirements relevant to that transaction. By clearly specifying these terms, the clause ensures that both parties have a mutual understanding of their responsibilities and the scope of the transaction, thereby reducing ambiguity and minimizing the risk of disputes.
Transaction Specific Terms. (a) The Buyer hereby directs the Servicer to take all of its direction, to the extent such right of direction is expressly provided to the Directing Party under this Agreement, from the Directing Party. The Seller shall not have any rights hereunder during the continuance of a Default or an Event of Default. As between the Buyer and the Seller, nothing herein shall derogate from the Buyer’s rights pursuant to the Master Contract. Without limiting the generality of the preceding sentence, the Seller shall not itself, nor shall it direct the Servicer to or permit the Seller to directly or indirectly (i) make any Material Modification without the prior written consent of the Buyer or (ii) take any action (including without limitation any enforcement actions against any Person with respect to this Agreement) which would result in a violation of the obligations of any Person under the Master Contract, this Agreement or any other Repurchase Document, or which would otherwise be inconsistent with the rights of the Buyer under the Repurchase Documents. The Seller shall have no right to enforce this Agreement against any Person during the continuance of a Default or an Event of Default.
(b) Upon the occurrence of a Default, the Buyer shall notify the Servicer of such Default and that the rights and remedies under Section 10.02 and 17.01 of the Master Contract are available to the Buyer. The Servicer shall have no obligation to identify, determine or verify any Default under the Master Contract and shall have no obligation to acknowledge any such rights and remedies of the Buyer under Section 10.02 and 17.01 of the Master Contract until the Servicer receives a notice from the Buyer of such Default under the Master Contract.
Transaction Specific Terms. Seller hereby agrees to sell and the Authority hereby agrees to purchase Credits in the quantities and at the prices set forth in the Transaction Specific Terms, attached hereto as Exhibit A. Seller shall deliver Credits to the Authority in accordance with the Delivery Schedule outlined in Exhibit A and subject to the terms and conditions set forth herein.
Transaction Specific Terms. (a) Party 1: Nevada Canyon LLC (“Nevada Canyon”) 5▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, Suite 15 Reno, Nevada 89502
(b) Party 2: W▇▇▇▇▇ River Resources LLC (“W▇▇▇▇▇ River”) 1▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 820 Vancouver, B.C. V6E 4A4 Canada EIN: 3▇-▇▇▇▇▇▇▇
(c) Property: The Lapon Canyon Property consisting of ninety-six (96) unpatented lode mining claims (collectively, the “Property”) which are more particularly described in Exhibit A to the Agreement to which this Exhibit B is attached
Transaction Specific Terms. The terms and conditions in this Section 4 are in addition to the terms and --------- conditions set forth in the Master Agreement and are specific to the Services arrangement described in this Transaction Document. The terms and conditions in this Section 4 are not intended to conflict with or deviate from any of the --------- terms and conditions in the Master Agreement.