Fully Paid Transaction definition

Fully Paid Transaction means a cap transaction, floor transaction, collar transaction, or any other price protection transaction specified in a related Confirmation as to which a party has satisfied in full all of its payment obligations under Section 2(a)(i) of this Agreement and shall have no future payment obligations, whether absolute or contingent, under such section with respect to such Fully Paid Transaction.
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Examples of Fully Paid Transaction in a sentence

  • No Party B Fully Paid Transaction may be assigned by either Party A or Party B without the prior written consent of MBIA.

  • Notwithstanding anything else in this Agreement to the contrary, only one Transaction shall be governed by this Agreement, which shall be a fully paid transaction, where Party B is the party which has fully paid its obligations with respect to such Transaction (a "Party B Fully Paid Transaction").

  • Party A and Party B hereby acknowledge that to the extent of payments made by MBIA under any Note Insurance Policy issued by MBIA relating to the Notes ("the Note Insurance Policy"), Party B has agreed to assign its right to receive payments under the Party B Fully Paid Transaction (including, but not limited to, the right to receive payment from Party B and the enforcement of any remedies) to MBIA.