Market Termination Amount definition

Market Termination Amount has the meaning given to it in Section 16.5(b);
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Market Termination Amount means: (A) if the Market Value as of the Termination Date is greater than the Contract Value as of the Termination Date, an amount payable by the Generator to the AESO equal to: (1) if the AESO is the Non-Defaulting Party, the Difference Value; or (2) if the Generator is the Non-Defaulting Party, zero dollars; and (B) if the Market Value as of the Termination Date is less than the Contract Value as of the Termination Date, an amount payable by the AESO to the Generator equal to: (1) if the Generator is the Non-Defaulting Party, the absolute value of the Difference Value; or (2) if the AESO is the Non-Defaulting Party, zero dollars ($0).
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Market Termination Amount shall have the meaning set forth in any Payment Undertaking Agreement.
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Examples of Market Termination Amount in a sentence

  • Emerging Market Adjustment/Termination EventsIf "Emerging Market Adjustment/Termination Events" is specified as applicable in the applicable Final Terms and an Emerging Market Adjustment/Termination Event occurs then the terms of the Notes may be adjusted or the Notes redeemed at the Emerging Market Termination Amount.

  • Emerging Market Adjustment/Termination Events If "Emerging Market Adjustment/Termination Events" is specified as applicable in the relevant Issue Terms and an Emerging Market Adjustment/Termination Event occurs then the terms of the Securities may be adjusted or the Securities redeemed or cancelled at the Emerging Market Termination Amount.

  • Any such adjustments could result in a materially different redemption or settlement of the Securities to that originally anticipated.If the Securities are redeemed or cancelled early, the Emerging Market Termination Amount may be less than an investor's original investment in the Securities and may be substantially less than that original investment.

Related to Market Termination Amount

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Termination Fee Event has the meaning ascribed thereto in Section 5.2(a);

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Accretion Termination Date As defined in the Series Supplement.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Loan Termination Date means the earliest to occur of the following: (i) as to the REVOLVING NOTES, November 1, 2012, as to the TERM NOTES, October 31, 2016, (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date ADMINISTRATIVE AGENT has received (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Commitment Termination Event means (a) the occurrence of any Event of Default described in clauses (a) through (d) of Section 8.1.9, or (b) the occurrence and continuance of any other Event of Default and either (i) the declaration of the Loans to be due and payable pursuant to Section 8.3, or (ii) in the absence of such declaration, the giving of notice to the Borrower by the Administrative Agent, acting at the direction of the Required Lenders, that the Commitments have been terminated.

  • Termination Price As defined in Section 9.01.

  • Commitment Termination Date means the earliest to occur of (a) the Maturity Date, (b) the date the Commitments are permanently reduced to zero pursuant to Section 2.8, and (c) the date of the termination of the Commitments pursuant to Article VIII.

  • Liquidity Provider Ratings Event Termination Date means the date established by the Tender and Paying Agent, acting upon instructions of the Fund pursuant to the Tender and Paying Agent Agreement, for termination of the VRDP Purchase Agreement upon the occurrence of a Liquidity Provider Ratings Event, which date shall be not less than 16 days nor more than 30 days following such Liquidity Provider Ratings Event.

  • Post-Termination Period means the twelve (12) month period beginning on the Termination Date.

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Non-Payment Period means a period commencing on and including a Dividend Payment Date or redemption date for which the Trust shall fail to (i) declare, prior to the close of business on the second Business Day preceding such Dividend Payment Date, for payment on or (to the extent permitted by Section 11.2(c)(i) of these Bylaws) within three Business Days after such Dividend Payment Date to the Holders as of 12:00 noon, New York City time, on the Business Day preceding such Dividend Payment Date, the full amount of any dividend on APS payable on such Dividend Payment Date, provided, however, that if the Trust is not able to make such declaration in compliance with the foregoing because an unforeseen event or unforeseen events causes or cause a day that otherwise would have been a Business Day not to be a Business Day, then the Trust may make such declaration on the Business Day immediately preceding the Dividend Payment Date, if possible, or, if not possible, on the Dividend Payment Date, and in such case the Trust shall not be deemed to have failed to declare a dividend otherwise required to be declared, or (ii) deposit, irrevocably in trust, in same-day funds, with the Auction Agent by 12:00 noon, New York City time, (A) on such Dividend Payment Date the full amount of any cash dividend on such shares payable (if declared) on such Dividend Payment Date or (B) on any such redemption date for any shares of APS called for redemption, the Mandatory Redemption Price per share of such APS or, in the case of an optional redemption, the Optional Redemption Price per share, and ending on and including the Business Day on which, by 12:00 noon, New York City time, all unpaid cash dividends and unpaid redemption prices shall have been so deposited or shall have otherwise been made available to Holders in same-day funds; provided that, a Non-Payment Period shall not end unless the Trust shall have given at least five days’ but no more than 30 days’ written notice of such deposit or availability to the Auction Agent, all Existing Holders (at their addresses appearing in the Share Books) and the Securities Depository. Notwithstanding the foregoing, the failure by the Trust to deposit funds as provided for by clauses (ii)(A) or (ii)(B) above within three Business Days after any Dividend Payment Date or redemption date, as the case may be, in each case to the extent contemplated by Section 11.2(c)(i) of these Bylaws, shall not constitute a “Non-Payment Period.”

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Trust Termination Date shall have the meaning specified in Section 8.01.

  • Valuation Amount means, in respect of each Mortgaged Vessel, the value thereof as most recently determined under clause 8.2.2; and