Common use of Adjustment for Bankruptcy Clause in Contracts

Adjustment for Bankruptcy. In circumstances where an Early Termination Date occurs because "Automatic Early Termination" applies in respect of a party, the amount determined under this Section 6(e) will be subject to such adjustments as are appropriate and permitted by law to reflect any payments or deliveries made by one party to the other under this Agreement (and retained by such other party) during the period from the relevant Early Termination Date to the date for payment determined under Section 6(d)(ii).

Appears in 478 contracts

Samples: Master Agreement, Master Agreement (SLM Student Loan Trust 2006-10), Master Agreement (Newcastle Mortgage Securities Trust 2007-1)

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Adjustment for Bankruptcy. In circumstances where an Early Termination Date occurs because "β€œAutomatic Early Termination" ” applies in respect of a party, the amount determined under this Section 6(e) will be subject to such adjustments as are appropriate and permitted by law to reflect any payments or deliveries made by one party to the other under this Agreement (and retained by such other party) during the period from the relevant Early Termination Date to the date for payment determined under Section 6(d)(ii).

Appears in 328 contracts

Samples: Master Agreement (Cheniere Energy Inc), Master Agreement (C-Bass 2007-Cb1 Trust), Letter Agreement (Banco Santander Central Hispano Sa)

Adjustment for Bankruptcy. In circumstances where an Early Termination Date occurs because "Automatic Early Termination" applies in respect of a partyis deemed to occur, the amount determined under this Section 6(e6(e)(i) will be subject to such adjustments as are appropriate and permitted by law to reflect any payments or deliveries made by one party to the other under this Agreement (and retained by such other party) during the period from the relevant Early Termination Date to the date for payment determined under Section 6(d)(ii).

Appears in 2 contracts

Samples: Ford Credit Auto Receivables Corp, Ford Credit Auto Receivables Corp

Adjustment for Bankruptcy. In circumstances where an Early Termination Date occurs because "Automatic Early Termination" applies in respect of a party, the amount determined under this Section 6(e) will be subject to such adjustments as are appropriate and permitted by law to reflect any payments or deliveries made by one party to the other under this Agreement (and retained by such other party) during the period from the relevant Early Termination Date to the date for payment determined under Section 6(d)(ii).the

Appears in 2 contracts

Samples: Master Agreement (Enron Oil & Gas Co), Master Agreement (Enron Oil & Gas Co)

Adjustment for Bankruptcy. In circumstances where an Early Termination Date occurs Occurs because "Automatic Early Termination" applies Applies in respect of a party, the amount determined under this Section 6(e) will be subject to such adjustments as are appropriate and permitted by law to reflect any payments or deliveries made by one party to the other under this Agreement (and retained by such other party) during the period from the relevant Early Termination Date to the date for payment determined under Section 6(d)(ii).

Appears in 1 contract

Samples: Master Agreement (Bedford Property Investors Inc/Md)

Adjustment for Bankruptcy. In circumstances where an Early Termination Date occurs because "Automatic Early Termination" applies in respect of a partyis deemed to occur, the amount determined under this Section 6(e6(c)(i) will be subject to such adjustments as are appropriate and permitted by law to reflect any payments or deliveries made by one party to the other under this Agreement (and retained by such other party) during the period from the relevant Early Termination Date to the date for payment determined under Section 6(d)(ii).

Appears in 1 contract

Samples: Exchange Agreement (Cogen Technologies Inc)

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Adjustment for Bankruptcy. In circumstances where an Early Termination Date occurs because "Automatic Early Termination" applies in respect of a party, the amount determined under this Section 6(e) will be subject to such adjustments as are appropriate and permitted by law to reflect any payments or deliveries made by one party to the other under this Agreement (and retained by such other party) during the period from the relevant Early Termination Date to the date for payment determined under Section 6(d)(ii6(d)((ii).

Appears in 1 contract

Samples: Master Agreement (Pameco Corp)

Adjustment for Bankruptcy. In circumstances where an Early Termination Date occurs because "Automatic Early Termination" applies in respect of a party, the amount determined under this Section 6(e) will be subject to such adjustments as are appropriate and permitted by law to reflect any payments or deliveries made by one party to the other under this Agreement (and retained by such other partyParty) during the period from the relevant Early Termination Date to the date for payment determined under Section 6(d)(ii).

Appears in 1 contract

Samples: Master Agreement (Newpower Holdings Inc)

Adjustment for Bankruptcy. In circumstances where an Early Termination Date occurs because "Automatic Early Termination" applies in respect of a party, the amount determined under this Section 6(e) will be subject to such adjustments as are appropriate and permitted by law to reflect any payments or deliveries made by one party to the other under this Agreement (and retained by such other party) during the period from the relevant Early Termination Date to of the date for payment determined under Section 6(d)(ii).

Appears in 1 contract

Samples: Master Agreement (Friedman Industries Inc)

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