Examples of Determining Party in a sentence
Notwithstanding the foregoing, if the Issuer is specified as a Determining Party in respect of any Early Redemption Event then, in respect of the Issuer only, the ‘Determining Party Option’ shall be deemed to be not applicable and the Issuer must provide an Early Redemption Event Determination Notice in accordance with this Master Condition 9(b) within two Business Days of becoming aware of the occurrence of the relevant Early Redemption Event.
An Agent Replacement Failure Event or a Swap Counterparty Replacement Failure Event shall, if so specified in the Series Terms, constitute an Early Redemption Event pursuant to Master Condition 9(a) (Early Redemption Events and Determining Party).
The Determining Party for each Early Redemption Event will be the party specified alongside such Early Redemption Event in the tables below, unless a different party is specified in the Series Terms.
If the Determining Party determines that no Excise Tax is payable by Executive with respect to the Total Payments, it shall furnish Executive with an opinion reasonably acceptable to Executive that no Excise Tax will be imposed with respect to any such payments and, absent manifest error, such Determination shall be binding, final and conclusive upon the Company and Executive.
Determining Party: For all applicable Extraordinary Events, Dealer.