Examples of Buyer Contract in a sentence
Where the relevant notice is a Notice of Physical Settlement or a NOPS Amendment Notice, the relevant Clearing Members shall acquire rights as against the other as though party to a bilateral credit default swap transaction on the terms of the related Matched Buyer Contract (including, without limitation, as to the satisfaction of the applicable Conditions to Settlement) and the Notice of Physical Settlement shall be deemed to have been given in respect of such transaction.
Without prejudice to paragraph (a) above, a Matched Seller shall be entitled to enforce Sections 9.2(a), (b), (c)(i) and (c)(iv) of the 2003 ISDA Credit Derivatives Definitions against the related Matched Buyer in respect of any obligations Delivered by way of Physical Settlement of any Physically Settled Cleared Transaction under the Contracts (Rights of Third Parties) Act 1999 as though Matched Seller were party to the relevant Matched Buyer Contract in place of LCH SA.
Buyer designates as the initial Buyer Contract Administrator the following individual to serve as the liaison to Seller with respect to this Agreement: Buyer Contract Administrator: [●] Phone: [●] Email: [●] Buyer may, from time to time upon written notice to Seller, change the Buyer Contract Administrator and the Buyer Contract Administrator’s contact details.
By the date of review thereof by the Seller Project Manager and the Buyer Contract Manager, Seller shall have updated the Change Notice to reflect its then current assessment of the expected effect of the Force Majeure on Seller’s ability to achieve Substantial Completion by the Guaranteed Substantial Completion Date and provide such updated Change Notice to Buyer.
Buyer designates as the initial Buyer Contract Manager the following individual to serve as the liaison to Seller with respect to this Agreement: Buyer Contract Manager: [●] Phone: [●] Email: [●] Buyer may, from time to time upon written notice to Seller, change the Buyer Contract Manager and the Buyer Contract Manager’s contact details.