Automatic Early Termination Event definition

Automatic Early Termination Event means any event set forth in Regulation 203(h) to Regulation 203(o) which satisfies certain criteria (including but not limited to thejurisdiction of incorporation of a Clearing Member) that may from time to time be published by the Clearing House in a circular to Clearing Members.
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Automatic Early Termination Event means an Automatic Early Termination Event (Floor);
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Automatic Early Termination Event. (Performance Trigger)" has the meaning set forth in paragraph 2 (Automatic Early Termination) of the Annex to Contractual Terms (Special Terms and Conditions);
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Examples of Automatic Early Termination Event in a sentence

  • A Clearing Member (i) in respect of whom the Clearing House has issued a Default Notice under Rule3; or (ii) in respect of whom an Automatic Early Termination Event has occurred, is in these Rules called a " Defaulter".

  • Unless previously exercised or purchased and cancelled, if the Determination Agent determines that an Automatic Early Termination Event (Floor) has occurred on an Observation Valuation Date (the Observation Valuation Date on which an Automatic Early Termination Event (Floor) first occurs being the "Automatic Early Valuation Date (Floor)"), the Certificates shall be automatically terminated on the Automatic Early Termination Date (Floor) at the Automatic Early Termination Amount (Floor).

  • If an Event of Default and/or an Automatic Early Termination Event occurs in relation to you (or, where relevant, your principal or principals), you shall immediately give written notice thereof to us, specifying the relevant Event of Default and/or Automatic Early Termination Event.

  • Where the specific event that triggers the Automatic Early Termination Event is the date of insolvency of the SA Collateral Provider, the clause in the Master Agreement which provides for such Automatic Early Termination Event will be unenforceable, since control of the insolvent estate of the SA Collateral Provider will have vested in the liquidator of the insolvent estate of the SA Collateral Provider (and the concourse of creditors will already have become effective) as from such date.

  • Where an Event of Default and/or an Automatic Early Termination Event occurs in relation to an Underlying Principal on whose behalf you are acting as agent, these Terms may (at BNYM's discretion) be terminated by BNYM in relation to such Underlying Principal without affecting the continuation of these Terms in relation to you and any other Underlying Principal on whose behalf you act.

  • Where in relation to any transaction carried out pursuant to these Terms you are acting as agent for any principal or principals, any Event of Default and/or an Automatic Early Termination Event in relation to you shall constitute an Event of Default in respect of that principal or principals on whose behalf you are acting as agent, unless otherwise determined by us.

  • Where the specific event that triggers the Automatic Early Termination Event is not linked to the date of insolvency of the SA Collateral Provider (for example, the trigger event is the exceeding of assets by liabilities) the clause in the Master Agreement which provides for such Automatic Early Termination will be enforceable under South African law.

  • Where in relation to any FX Transaction entered into pursuant to these Terms you are acting as agent for any Underlying Principal, any Event of Default and/or an Automatic Early Termination Event in relation to you shall constitute an Event of Default and/or an Automatic Early Termination Event in respect of any such Underlying Principal, unless otherwise determined by BNYM.

  • Where an Event of Default and/or an Automatic Early Termination Event occurs in relation to a principal or principals on whose behalf you are acting as agent, these Terms can be terminated by us in relation to such principal(s) under Clause13.1 without affecting the continuation of these Terms in relation to you and any other party on whose behalf you act.

  • Where an Event of Default and/or an Automatic Early Termination Event occurs in relation to a principal or principals on whose behalf you are acting as agent, these Terms can be terminated by us in relation to such principal(s) under Clause 13.1 without affecting the continuation of these Terms in relation to you and any other party on whose behalf you act.

Related to Automatic Early Termination Event

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Early Termination Event has the meaning specified in Section 9.2.

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Early Termination Rate means the lesser of (i) 6.5% per annum, compounded annually, and (ii) LIBOR plus 100 basis points.

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.

  • Swap Termination Event means the occurrence of a “Termination Event” under the Swap Agreement, as defined in the Swap Agreement.]

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Company Termination Event means any of the following:

  • Early Termination means the Termination of Employment before Normal Retirement Age for reasons other than death, Disability, Termination for Cause or following a Change of Control.

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Control Termination Event shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.

  • Early Termination Conditions means the types of conditions listed in Schedule A.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Automatic Early Redemption Event means that:

  • Unmatured Termination Event means an event that, with the giving of notice or lapse of time, or both, would constitute a Termination Event.

  • Commitment Termination Event means (a) the occurrence of any Event of Default described in clauses (a) through (d) of Section 8.1.9, or (b) the occurrence and continuance of any other Event of Default and either (i) the declaration of the Loans to be due and payable pursuant to Section 8.3, or (ii) in the absence of such declaration, the giving of notice to the Borrower by the Administrative Agent, acting at the direction of the Required Lenders, that the Commitments have been terminated.

  • ERISA Termination Event means (i) a “Reportable Event” described in Section 4043 of ERISA and the regulations issued thereunder (other than a “Reportable Event” not subject to the provision for 30-day notice to the PBGC under such regulations), or (ii) the withdrawal of a Borrower or any of its ERISA Affiliates from a “single employer” Plan during a plan year in which it was a “substantial employer”, both of such terms as defined in Section 4001(a) of ERISA, or (iii) the filing of a notice of intent to terminate a Plan or the treatment of a Plan amendment as a termination under Section 4041 of ERISA, or (iv) the institution of proceedings to terminate a Plan by the PBGC or (v) any other event or condition which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan or (vi) the partial or complete withdrawal of a Borrower or any ERISA Affiliate of such Borrower from a “multiemployer plan” as defined in Section 4001(a) of ERISA.

  • Potential Termination Event means an event which, with the giving of notice and/or the lapse of time, would constitute a Termination Event.

  • Termination Events means each of the events specified in Clause 10.3 of this Contract.

  • Forbearance Termination Event has the meaning set forth in Section 3(a) hereto.