Transaction Obligations definition
Examples of Transaction Obligations in a sentence
Unless otherwise provided in the Transaction Documents, all covenants, agreements, indemnities, representations and warranties made in any of the Transaction Documents survive and continue in effect as long as the Transaction Obligations are outstanding.
Zero Hash may employ a similar process in relation to the failure of a Participant to cover Transaction Obligations on a Transaction Platform that is not a Seed Trading Venue.
Amend, supplement or otherwise modify any of the provisions of any Lease Transaction Obligations in a manner that adversely affects the interests of the Lenders under this Agreement or any other Loan Document in any material respect.
In the event that a Participant fails to cover its Transaction Obligations by the time required by the Seed Trading Venue, Zero Hash will inform the relevant Seed Trading Venue, which will then initiate the Default Event Procedure defined above to protect the Counterparty to the Transaction and the stability of the Seed Trading Venue, as per the Seed Trading Venue's rules and procedures.
Zero Hash shall liquidate some or all of Participant’s assets to cover outstanding Transaction Obligations.
Zero Hash prevents withdrawals from a Participant’s Available Account if Participant has any outstanding Transaction Obligations or outstanding accrued fees.
Zero Hash will report the Transaction Obligations to Participant and to the relevant custodian for capital movements, and, depending on the particular Transaction, Initial Margin may be transferred directly to (from) Participant's Available Account from (to) Participant's Collateral Account, increasing (decreasing) Available Account for Participant.
As of the Closing Date, none of the Credit Parties nor any of their Subsidiaries is a party to any Lease Transaction Obligations other than as listed on Schedule 5.25 hereto.
Zero Hash shall prevent withdrawals from a Participant's Available Account if Participant has any outstanding Transaction Obligations or outstanding accrued fees.
To calculate the Transaction Obligations each Participant has due to open Transactions, if any, Zero Hash may use any of the following information: (1) the Compression Run results as calculated by Zero Hash; (2) the Initial Margin requirements as calculated by Zero Hash; (3) index values published by Zero Hash; (4) published settlement price data from each Transaction Platform; and (5) transaction information provided by each Transaction Platform.