Related Agreement definition
Examples of Related Agreement in a sentence
In addition, to the extent that a Related Agreement is terminated, the Issuer may also be unable to meet such obligations.
The Trustee shall not be bound to give any Enforcement Notice in respect of any Series of Notes, to take any steps or institute any proceedings to enforce the security for any Series or to enforce payment of any amount due and payable under or pursuant to the Notes of any Series or the Related Agreement unless it shall have been so requested by the Instructing Creditor in relation to such Series and has been secured and/or indemnified to its satisfaction.
The City may, at its sole option, offset any amounts due and payable under this Agreement against any debt (including taxes) lawfully due to the City from Metrocrest, regardless of whether the amount due arises pursuant to the terms of this Agreement, a Related Agreement or otherwise and regardless of whether or not the debt due the City has been reduced to judgment by a court.
If so specified in the Applicable Supplement, prior to the security granted pursuant to the Trust Deed becoming enforceable as described in Condition 10, certain amounts received by the Issuer in connection with the Underlying Assets and/or any Related Agreement and/or Credit Support Document or otherwise, will be applied in accordance with the order or orders of priority (the "Pre-enforcement Waterfall") (if any) specified in the Applicable Supplement.
In connection with the issue of the Notes of any Series, the Issuer will, if so specified in the Applicable Supplement, enter into a swap agreement, swap transaction or other hedging agreement or option agreements or any letters of credit, guarantees or other credit support or credit enhancement documents or other financial arrangements (including a repurchase agreement or securities lending agreement) (each a "Related Agreement") with one or more counterparties (each a "Counterparty").