Additional Termination Events. As defined in the Swap Agreement.
Additional Termination Events means the following (with Party B being the Affected Party, in each case):
(i) On any Transfer Date following an Early Redemption Event, there is a Nominal Liquidation Amount Deficit (determined after giving effect to any reimbursement of such Nominal Liquidation Amount Deficit on such Transfer Date), if any, for the Class B Notes.
Additional Termination Events means the following (with Party B being the Affected Party, in each case):
Examples of Additional Termination Events in a sentence
Additional Termination Events will apply as provided in Part 5(c).
Additionally, optional termination triggers can be defined within a master agreement (known as Additional Termination Events) that permit BNY Mellon to force the counterparty to immediately cash- settle the current market value of all open contracts if the counterparty’s credit rating falls below a certain trigger level.
Additional Termination Events will apply: (a) If a Rating Agency Downgrade has occurred and BSFP has not, within 30 days, complied with Section 9 below, then an Additional Termination Event shall have occurred with respect to BSFP and BSFP shall be the sole Affected Party with respect to such an Additional Termination Event.
Additional Termination Events will apply: If a Ratings Event has occurred and IXIS has not, within 30 days, complied with Section 9 below, then an Additional Termination Event shall have occurred with respect to IXIS and IXIS shall be the sole Affected Party with respect to such an Additional Termination Event.
Notwithstanding the foregoing, Counterparty’s obligations set forth under the captions, “Reimbursement of Legal Fees and Other Expenses,” and “Other Provisions — (d) Indemnification” shall survive any termination due to the occurrence of either of the foregoing Additional Termination Events.
More Definitions of Additional Termination Events
Additional Termination Events. The occurrence of the following event shall constitute an Additional Termination Event: An Additional Termination Event shall occur if any of the following events occurs:
Additional Termination Events. Each of the following shall constitute an "ADDITIONAL TERMINATION EVENT" and Party B shall be the sole Affected Party pursuant to such Additional Termination Event:
Additional Termination Events shall apply. Each of the following shall constitute an Additional Termination Event and Party B shall be the sole Affected Party with respect thereto:
Additional Termination Events. If any event of default under the terms of the Convertible Notes, as set forth in Section 5.01 of the Indenture, shall occur with respect to Counterparty, then such event shall constitute an Additional Termination Event applicable to the Transaction with respect to which Counterparty shall be deemed to be the sole Affected Party and the Transaction shall be the sole Affected Transaction. If any provision of the Indenture or the Convertible Notes is amended, modified, supplemented or waived without the written consent of Bank, Counterparty shall provide Bank and the Calculation Agent with notice thereof on or prior to the effective date thereof and, if the Calculation Agent determines that such amendment, modification, supplement or waiver has a material effect on the Transaction or Bank’s ability to hedge all or a portion (“Affected Portion”) of the Transaction, then such event (an “Amendment Event”) shall constitute an Additional Termination Event with respect to which Counterparty shall be deemed to be the sole Affected Party and the Transaction (or the Affected Portion thereof) shall be the sole Affected Transaction. For the avoidance of doubt, an election by Counterparty to increase the conversion rate pursuant to Section 13.01(e) or Section 13.03(g) of the Indenture shall not constitute an Amendment Event. If any Convertible Notes are repurchased (whether in connection with a put of Convertible Notes by holders thereof pursuant to the terms of the Indenture as a result of a fundamental change, howsoever defined, or for any other reason) by Counterparty or any of its subsidiaries, or if Counterparty gives notice to Bank that it intends to repurchase any Convertible Notes, then Counterparty may notify Bank that it wishes to designate an Early Termination Date with respect to the portion of the Transaction relating to the number of Convertible Notes that cease to be outstanding in connection with or as a result of such repurchase and the parties shall negotiate in good faith and in a commercially reasonable manner the timing, pricing and other terms of such designation. For the avoidance of doubt, no such designation shall be made if, after such negotiation, the parties cannot agree on the terms of such designation. Credit Support Provider: Inapplicable Credit Support Document: Inapplicable
Additional Termination Events with respect to ACP or AAC as the “Defaulting” or “Affected Party” if specified in the relevant Amended CDS as applicable, it being understood that such amendment shall cease to be effective, and the Amended CDS shall be deemed further modified to reinstate such deleted “Events of Default” “Termination Events” and “Additional Termination Events” in the event the policy related to such Amended CDS has been transferred or allocated to the Segregated Account (or any other segregated account):
Additional Termination Events in the event the policy related to such Amended CDS has been transferred or allocated to the Segregated Account (or any other segregated account):
Additional Termination Events. Notwithstanding any other provision hereof, an “Additional Termination Event” shall occur and Party B shall be the sole Affected Party pursuant to such Additional Termination Event if on any day occurring after the Trade Date and on or prior to the last Scheduled Trading Day in the Trading Period an ex-dividend date occurs with respect to the Shares for (i) an extraordinary cash dividend, (ii) a regular quarterly dividend (A) in an amount greater than USD 0.06 for 2008 per Share per quarter (any quarterly dividend in such amount for 2008, a “Regular Quarterly Dividend”) or (B) with an ex-dividend date occurring prior to January 15, 2008 for the quarter ending Xxxxx 00, 0000, (xxx) a distribution, issue or dividend of securities or share capital of another issuer acquired or owned (directly or indirectly) by Party B as a result of a spin-off or other similar transaction or (iv) a distribution, issue or dividend of any other type of securities (other than Shares, which may constitute a Potential Adjustment Event), rights or warrants or other assets, in any case for payment (cash or other consideration) at less than the prevailing market price as determined by the Calculation Agent; provided that in calculating the amounts payable in connection with such Additional Termination Event, any such distribution, issue or dividend shall not be considered a loss recoverable by Party A. Party B agrees to furnish Party A with written notice at least 30 days prior to the ex-dividend date corresponding to each of the foregoing distributions, issues and dividends except those described in clause (ii) above. Regulatory Provisions: (a) Party B represents and warrants that it has received and read and understands the Notice of Regulatory Treatment and the OTC Option Risk Disclosure Statement. (b) The Agent will furnish Party B upon written request a statement as to the source and amount of any remuneration received or to be received by the Agent in connection with the Transaction evidenced hereby.