Examples of Identified Contracts in a sentence
Any actions taken by the Company to terminate or amend such Identified Contracts shall not constitute a breach of this Agreement, nor shall any Buyer Indemnified Party have any right to recover any Losses resulting from such actions.
Buyer shall provide written instructions to the Company specifying which of the Identified Contracts Buyer desires to be terminated or amended.
From time to time prior to the Closing, the Company may submit a list of Contracts, including Non-Disclosed Contracts (the "Identified Contracts"), to Buyer that the Company believes would be in the best interests of the Company and Buyer to terminate or amend, and represents and warrants that such termination or amendment shall not violate or be in breach of the terms of such Identified Contracts.
If the Clearing House invokes contract termination in accordance with Rule 515A, it shall determine the Identified Contracts under Rule 515A(b) and notify the relevant HKCC Participants of its determination, including details of the Identified Contracts and the effective date of termination of such Identified Contracts.
Except as set forth on Schedule 8(d), all such Identified Contracts and arrangements have been entered into by Seller in the Ordinary Course of Business.
Notwithstanding the above, at any time during the contract termination process but prior to the effective date of termination of the relevant Identified Contracts, the Clearing House may instead of proceeding with the termination of such open Contracts, declare the occurrence of a Clearing Service Termination Event, and in such case the Identified Contracts shall not be terminated in accordance with the contract termination process but shall be terminated in accordance with Rule 1101.
In FY 2013, the remaining $9.0 billion contingent liability was eliminated.17 Treasury investments made through the SPSPAs help maintain the solvency of GSEs, specifically Fannie Mae and Freddie Mac.
OTC Clear shall determine which Contracts will be terminated, either in whole or in part, (“Identified Contracts”), under this Clearing Rule 1918A, shall notify the relevant Clearing Members and the Special Clearing House Participant of the details of the relevant Identified Contracts, and shall declare the occurrence of a termination event in respect of such Identified Contracts, either in whole or in part, (a “Contract Termination Event”).
The Rejected Identified Contracts as of the date hereof are set forth on Schedule 1.5(c), which schedule shall be (and shall be deemed) modified or supplemented to reflect additions or removals, as applicable, of Identified Contracts that are designated for rejection as set forth in this Section 1.5 (the “Rejected Contracts Schedule”).
Except as set forth on Schedule 3.16, all such Identified Contracts and arrangements have been entered into by Seller in the ordinary course of business and are on terms that are no less favorable to Seller than the terms which could be obtained from an unrelated third party and, if cancelled at any time, would not have a Material Adverse Effect.