Governing Master Agreement definition
Governing Master Agreement means, with respect to an Auction Covered Transaction or an Auction-Linked Cash Settled Transaction, the ISDA Master Agreement or other form of similar master agreement, if any, governing such Auction Covered Transaction or Auction-Linked Cash Settled Transaction, as applicable, and of which such Auction Covered Transaction or Auction-Linked Cash Settled Transaction, as applicable, forms part, whether executed by the parties thereto or incorporated by reference in the confirmation relating to such Auction Covered Transaction or Auction-Linked Cash Settled Transaction, as applicable; provided, however, that if no ISDA Master Agreement or other form of similar agreement exists with respect to an Auction Covered Transaction or an Auction-Linked Cash Settled Transaction, as applicable, the term "Governing Master Agreement" shall mean the ISDA Master Agreement or other form of similar agreement, if any, governing any Credit Derivative Transaction between the parties, whether executed by the parties thereto or incorporated by reference in the confirmation relating to such Credit Derivative Transaction.
Governing Master Agreement means, in respect of a Covered Transaction, the master agreement governing such Covered Transaction, whether executed by the parties thereto or incorporated by reference in the Confirmation relating to such Covered Transaction.
Governing Master Agreement means, with respect to an Auction Covered Transaction or an Auction- Linked Cash Settled Transaction, the ISDA Master Agreement or other form of similar master agreement, if any, governing such Auction Covered Transaction or Auction-Linked Cash Settled Transaction, as
Examples of Governing Master Agreement in a sentence
It (a) is, if relevant, duly organized and validly existing under the laws of the jurisdiction of its organization or incorporation and, if relevant under such laws, in good standing or (b) if it otherwise represents its status in or pursuant to the Governing Master Agreement, has such status.
Notwithstanding Section 9(a) of the Governing Master Agreement, this Agreement constitutes the entire agreement and understanding of the Parties with respect to its subject matter.
More Definitions of Governing Master Agreement
Governing Master Agreement means, in respect of a Covered Transaction, the master agreement governing such Covered Transaction, whether executed by the Parties thereto or incorporated by reference in the Confirmation relating to such Covered Transaction, which may include (i) the ISDA 2002 Master Agreement; (ii) the 1992 ISDA Master Agreement (Multicurrency – Cross Border); (iii) the 1992 ISDA Master Agreement (Local Currency – Single Jurisdiction); (ii) the Edison Electric Institute Master Power Purchase and Sale Agreement; (iii) the WSPP Agreement; or (iv) other similar agreement setting forth the terms and conditions governing a Covered Transaction.
Governing Master Agreement means, in respect of a Covered Transaction, the ISDA Master Agreement or other form of master agreement governing such Covered Transaction and of which such Covered Transaction forms part, whether executed by the parties thereto or incorporated by reference in the Confirmation relating to such Covered Transaction. 0030047-0000882 ICM:9695014.49775380.2