Examples of Partial Termination Event in a sentence
The Authority’s right under paragraph 1 of this Part 6 may only be exercised by the Authority where a Partial Termination Event has arisen.
The Third Party Conditions of the Sellers set forth in Schedule 8.3(d) shall have been satisfied and shall be in effect, save to the extent any of those conditions relate to a Project in respect of which a Project Partial Termination Event has occurred.
The Third Party Conditions of the Purchaser Parties set forth on Schedule 8.2(d) shall have been satisfied and shall be in effect in relation to each Project, save to the extent that any of those conditions relate to a Project in respect of which a Project Partial Termination Event has occurred.
For the avoidance of doubt, subject to Section 8.1(e), the failure of a Third Party Condition in this Section 8.2(d) or Section 8.3(d) with respect to a Project, unless otherwise waived, will result in a Project Partial Termination Event with respect to such Project only.
Any Partial Termination Date with respect to a Reference Pool will be the Payment Date so designated by Freddie Mac following the occurrence of such Partial Termination Event.
If any Project is subject to a Project Partial Termination Event, the Parties agree to work cooperatively in good faith to resolve any separation, transition and IT issues arising therefrom and shall commence the transition of IT systems for the Project in accordance with Section 6.25.
At the option of Citibank upon notice to Counterparty, an Unwind Period that has commenced with respect to a Transaction shall terminate on the Trading Day prior to the start of the Unwind Period for such Partial Termination Event.
A "Partial Termination Event" shall occur if on any day the Transaction Equity for such day exceeds 4.9% of the number of outstanding Common Shares on such day determined on an aggregate basis for all outstanding Transactions.
The methods for determining the beginning and length of the "Unwind Period" for a "Maturity Termination" as well as for a "Share Price Event," a "Credit Event," an "Optional Unwind" and a "Partial Termination Event" are set forth in paragraph 7.
Unless such Partial Termination Event shall have been subsequently waived by Party A pursuant to Section 11.2 of the Mortgage Loan Purchase and Servicing Agreement, the Early Termination Date with respect to this Additional Termination Event shall be deemed to occur automatically on the date on which the Partial Termination Condition has been satisfied, if such date occurs on or prior to the date which is ninety (90) days after the occurrence of the related Partial Termination Event.