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

  • 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.

  • 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.

  • The Optionee may also designate one or more persons as the beneficiary or beneficiaries of his or her outstanding options under this Article Five, and those options shall, in accordance with such designation, automatically be transferred to such beneficiary or beneficiaries upon the Optionee's death while holding those options.

  • 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.

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


More Definitions of Article Five

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. Permanent Vacancies, Temporary Vacancies, Rebalancing, Positions, Assignments and Recall
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. GENERAL PROVISIONS RELATING TO MEETINGS.......................11