Master Terms Agreement definition

Master Terms Agreement means the Master Terms Agreement in the form attached as Exhibit A. For avoidance of doubt, the Master Terms Agreement is not a Credit Document.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Examples of Master Terms Agreement in a sentence

The Loan is made on the Drawdown Date specified in the Loan Particulars and the terms of the Loan are formed by the master terms and conditions (the “Master Terms and Conditions”) set out in Schedule 1 to the Master Terms Agreement between the parties dated 28 May 2019 which Master Terms and Conditions are incorporated by reference in this Agreement as if fully set out herein and (b) the Loan Particulars.
This Note may not be changed, modified or terminated orally, but only by an agreement in writing signed by the Maker, PEC and the Payee, provided that Payee and ICPH may periodically amend or otherwise modify the Master Terms Agreement without providing notice to or obtaining the consent of the Maker or PEC.
Payments and prepayments made to the Payee by the Maker hereunder shall be applied first to expenses recoverable under Section 14, then accrued interest and then to principal (provided that the Maker acknowledges that the application of such amounts as between the Payee and [MGP]10 shall be in accordance with the Master Terms Agreement).
The Restated Guaranty shall constitute a Credit Support Document of Counterparty for purposes of the Interim Master Terms Agreement and therefore support Counterparty’s obligations under the Interim Master Terms Agreement (Financial).
This Note may not be changed, modified or terminated orally, but only by an agreement in writing signed by the Maker, PEC and the Payee, provided that Payee and MGP may periodically amend or otherwise modify the Master Terms Agreement without providing notice to or obtaining the consent of the Maker or PEC.
This Note may not be changed, modified or terminated orally, but only by an agreement in writing signed by the Maker, PEC and the Payee, provided that Payee and [MGP](14) may periodically amend or otherwise modify the Master Terms Agreement without providing notice to or obtaining the consent of the Maker or PEC.
The Loan is made on the Drawdown Date specified in the Loan Particulars and the terms of the Loan are formed by (a) the master terms and conditions (the “Master Terms and Conditions”) set out in Schedule 1 to the Master Terms Agreement between the parties dated 28 May 2019 which Master Terms and Conditions are incorporated by reference in this Agreement as if fully set out herein and (b) the Loan Particulars.
This Contract will be subject to the mutually executed Master Terms Agreement Number 0807, Revision .00 (see attached).
Payments and prepayments made to the Payee by the Maker hereunder shall be applied first to expenses recoverable under Section 14, then accrued interest and then to principal (provided that the Maker acknowledges that the application of such amounts as between the Payee and MGP shall be in accordance with the Master Terms Agreement).
This Contract is a Master Terms Agreement that is signed as a framework agreement and works in conjunction with any future Orders and/or Agreements signed.

More Definitions of Master Terms Agreement

Master Terms Agreement means the Master Terms Agreement between the parties dated 28 May 2019, as amended and restated by an amendment agreement between the parties dated 20 April 2022 (the “Amendment Agreement”); and This Agreement constitutes a loan (the “Loan”) being made between HBAP as lender and HASE as borrower. The loan particulars (the “Loan Particulars”) set out below will apply to the Loan. The Loan is made on the Drawdown Date specified in the Loan Particulars and the terms of the Loan are formed by (a) to the extent applicable, the Incorporated Terms, which are incorporated by reference in this Agreement as if fully set out herein and (b) the Loan Particulars. Unless otherwise defined in this Agreement, the terms and expressions used in this Agreement have the same meanings as given to them in the section headed “Definitions” in Schedule 1 of the Master Terms Agreement. Appendix 1 sets out additional defined terms used in the Loan Particulars. To the extent there is an inconsistency between (a) the Incorporated Terms and (b) the Loan Particulars, the Loan Particulars shall prevail. Borrower: HASE Lender: HBAP Type of Loan: AT1 Principal amount: USD 900,000,000 Drawdown Date: 11 September 2024 Rate of Interest: Fixed to Floating: 6.875 per cent. per annum until (but excluding) the First Reset Date. From (and including) each Reset Date to (but excluding) the next following Reset Date, the applicable Rate of Interest shall be the sum of the applicable Reference Rate on the relevant Reset Determination Date plus Margin. Interest Payment Dates: 11 September and 11 March in each year Final Repayment Date: Not applicable Optional Early Repayment Date: Means the date which is a Business Day, falling within the period commencing on the date falling six calendar months prior to a Reset Date and ending on such Reset Date (both dates inclusive), provided that an Optional Early Repayment Date shall be a date which is a Business Day falling no less than five years after the Drawdown Date. This Agreement may be executed in counterparts, and this has the same effect as if the signatures on the counterparts were on a single copy of this Agreement. This Agreement may be (a) executed by way of an electronic signature and/or (b) exchanged electronically only, with no further exchange of hard copy originals. Such signature and/or electronically exchanged document shall have the same legal effect, validity, enforceability and admissibility as if signed by hand, and executed and delivered...