Article Five definition

Article Five. [x] Cross Default for Party A: [] Party A: Cross Default Amount $50,000,000 [] Other Entity: Party A’s Guarantor [If applicable, check the box] Cross Default Amount $50,000,000 [x] Cross Default for Party B: [x] Party B: Cross Default Amount $50,000,000 [] Other Entity: Cross Default Amount $ 5.6 Closeout Setoff [x] Option A (Applicable if no other selection is made.) [] Option B - Affiliates shall have the meaning set forth in the Agreement unless otherwise specified as follows: [] Option C (No Setoff)
Article Five. [x] Cross Default for Party A: [] Party A: Cross Default Amount $50,000,000 [] Other Entity:Party A’s Guarantor [If applicable, check the box] [x] Cross Default for Party B: Cross Default Amount $50,000,000 [x] Party B: Cross Default Amount $50,000,000 [] Other Entity: Cross Default Amount $
Article Five. GENERAL PROVISIONS RELATING TO MEETINGS

Examples of Article Five in a sentence

  • Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article Five.

  • Every right and remedy given by this Article Five or by law to the Trustee or to the Holders may be exercised from time to time, and as often as may be deemed expedient, by the Trustee or by the Holders, as the case may be.

  • When a successor corporation assumes all the obligations of its predecessor under the Notes and the Indenture and the transaction complies with the terms of Article Five of the Indenture, the predecessor corporation will, except as provided in Article Five, be released from those obligations.

  • These services will be paid for by OWNER as indicated in Article Five and Exhibit B.

  • The Parties intend that no part of this Article Five or any amount due thereunder represents a penalty to the Defaulting Party or Potentially Defaulting Party.


More Definitions of Article Five

Article Five. Permanent Vacancies, Temporary Vacancies, Rebalancing, Positions, Assignments and Recall
Article Five. [ ] Cross Default for Party A: Events of Default; Remedies [ ] Party A: Applicable Cross Default Amount [ ] Other Entity: Cross Default Amount [ ] Cross Default for Party B: [ ] Party B: ____________Cross Default Amount $ ____________ [ ] Other Entity: ____________ Cross Default Amount $ _________________
Article Five. [] Cross Default for Party A:
Article Five.  Cross Default for Party A: Events of Default; Remedies  Party A: N/A Cross Default Amount: N/A  Other Entity: N/A Cross Default Amount: N/A  Cross Default for Party B:  Party B: N/A Cross Default Amount: N/A  Other Entity: N/A Cross Default Amount: N/A 5.6 Closeout SetoffOption A (Applicable if no other selection is made.)  Option B – Affiliates shall have the meaning set forth in the Agreement unless otherwise specified as follows:  Option C (No Setoff)
Article Five. Maintenance of Records” shall be amended to add Articles
Article Five. Maintenance of the leased property during the terms of the lease
Article Five. In the event that any of the Second Party employees or their contractors breach any of the above confidentiality provisions in any way, he shall be liable for the damages caused thereby. And has to officially inform the first party in the event of agreement breach to immediately refrain from such breaches or future breaches of the agreement.