Examples of Derivative Agreement in a sentence
Where this IMA refers to a Derivative Agreement such reference shall include any amendment(s) to that Derivative Agreement or supplemental or successor Derivative Agreement(s).
On occasion the Parties may differ on matters including but not limited to: a) their interpretation of terms and conditions of this IMA; b) the implementation of this IMA; c) whether any Derivative Agreement should be created, revised or terminated; and d) whether an IMA amendment should be adopted.
Should any provision(s) of this IMA or a Derivative Agreement be deemed illegal or unenforceable by a Court of competent jurisdiction, the remainder of this IMA or the Derivative Agreement shall remain in full force and effect.
Where notice is required to be given by this IMA or a Derivative Agreement and a specific Party is not designated to give notice, the notice shall be given by the secretariat/administrative entity.
Provided, however, that within 60 days of the date that such ruling becomes final, including appeals if any, the Signatories or Leadership Committee, as appropriate, shall determine, directly or through the Leadership Committee whether this IMA, or the applicable Derivative Agreement, must be amended to fulfill the original intent of the Parties and to maintain, insofar as possible, the service and financial relationships created by this IMA.