Common use of AGREEMENT TO NOVATE Clause in Contracts

AGREEMENT TO NOVATE. An agreement to novate a Transaction under this Annex becomes binding when Party A and Party B (or the Manager on its behalf) agree (whether orally or otherwise) the Novation Date for that Transaction and the Sub-Fund to which it will be novated.

Appears in 4 contracts

Samples: Master Agreement (Macquarie Securitisation LTD), Master Agreement (Macquarie Securitisation LTD), Master Agreement (Macquarie Securitisation LTD)

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AGREEMENT TO NOVATE. An agreement to novate a Transaction under this Annex becomes binding when Party A A, the Manager and Party B (itself or the Manager on its behalf) agree (whether orally or otherwise) the Novation Date for that Transaction and the Sub-Fund to which it will be novated.

Appears in 1 contract

Samples: Master Agreement (Macquarie Securitisation LTD)

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