Examples of Upfront Amount in a sentence
Effective as of and from the Effective Date, Remaining Party and Assignor hereby release one another from all duties and obligations owed under and in respect of the Assigned Transaction and the Confirmation, and Assignor hereby terminates its rights under and in respect of the Assigned Transaction; provided, that such release shall not affect Assignor's obligation to pay the Upfront Amount in accordance with the terms of the Assigned Transaction and the Confirmation.
In the event the Successful Bidder fails to pay any of the instalment of the Upfront Amount within the time specified in this Clause 5.2, the Nominated Authority shall be entitled to appropriate the Performance Security in the manner stipulated in Clause 6 (PERFORMANCE SECURITY) and such failure may also result in termination of this Agreement as provided in Clause 26 (EFFECTIVE DATE, TERM AND TERMINATION).
Effective as of and from the Effective Date, Remaining Party and Assignor hereby release one another from all duties and obligations owed under and in respect of the Assigned Transaction and the Confirmation, and Assignor hereby terminates its rights under and in respect of the Assigned Transaction; provided, that such release shall not affect Remaining Party's obligation to pay the Upfront Amount in accordance with the terms of the Assigned Transaction and the Confirmation.
In respect of a Hedge Swap Transaction effective on an Upfront Basis pursuant to sub-paragraph (g) above, the Upfront Amount shall be the offer Addition Quote relating to such amount that the Issuer would pay on or about the Effective Date in order to buy protection on the relevant Reference Entity.
There will be no repayment of the Upfront Amount under the terms of the Asset Swap Agreement.