Exchange generally Clause Samples
The "Exchange generally" clause defines the overall framework and rules governing the exchange of goods, services, or information between parties under an agreement. It typically outlines the general obligations, procedures, and standards that apply to all exchanges, such as timing, method of delivery, and any conditions that must be met for the exchange to occur. By establishing these baseline expectations, the clause ensures both parties understand their responsibilities and helps prevent disputes by providing a clear structure for how exchanges are to be conducted.
Exchange generally. You understand and agree that we may exchange your personal information, including credit information, to the extent permitted by law, with: persons with whom you make a joint application or another person (if any) authorised to operate any credit Facility; other financial institutions and credit providers for purposes including (i) assessing your application(s) for credit; (ii) notifying other credit providers of defaults; (iii) exchanging information about your credit status where you are in default with BOQ Specialist or another credit provider; (iv) assessing your credit worthiness at any time during or after the life of your credit arrangement; and (v) any other purpose authorised by law; BOQ Specialist’s subsidiaries, related bodies corporate and other members of BOQ and its related bodies corporate; its agents, credit managers and related service providers who assist BOQ Specialist in the management and administration of your application and the Facility; its other agents and service providers (including without limitation organisations providing debt collection, mailing house, legal, accounting, business and financial consulting, loan management, archival, auditing, banking, marketing, advertising, delivery, recruitment, customer contact, information technology, research, utility, valuation, insurance (including lenders’ mortgage insurance), data processing, data analysis, investigation or security services); your agents and representatives, including, without limitation, referees, brokers, guarantors and prospective guarantors, executors, administrators, trustees, guardians, attorneys, or financial or legal advisors; anyone for whom you are a beneficial owner, directors and any authorised signatories; anyone who introduces you to BOQ Specialist (such as a mortgage broker); partner organisations, including professional associations, organisations providing benefits to BOQ Specialist clients and suppliers of products or services requested by you but not provided by BOQ Specialist; Experien Insurance Services and its subsidiaries for the purpose of contacting you about their insurance services, unless you opt out; other entities to whom BOQ Specialist is, by law, required or permitted to provide information about you, including law enforcement authorities, government authorities, regulatory bodies, courts, external dispute resolution schemes and government registries, such as the Personal Property Securities Register; any guar...
Exchange generally. At the option of a First Priority Holder, and subject to the other provisions of this Section 2.6, the First Priority Holder’s First Priority Securities may be exchanged for other First Priority Securities of any authorized denominations and of a like aggregate principal amount, upon surrender of the First Priority Securities to be exchanged at such office or agency. Whenever any First Priority Securities are so surrendered for exchange, and subject to the other provisions of this Section 2.6, the Company shall execute, and the First Priority Indenture Trustee shall, upon written order of the Company, in the form of an Officer’s Certificate, authenticate and deliver, the First Priority Securities that the First Priority Holder making the exchange is entitled to receive.
Exchange generally. If all or any portion of the Principal Amount or the Interest Amount is not paid in full on or prior to the earlier to occur of the date of the occurrence of an Event of Default and the Maturity Date (the "Exchange Date"), then on the Exchange Date the Total Amount of this Note will be automatically exchanged for fully paid and nonassessable Class _____ Interests of Nexstar Broadcasting Group ("Class ______ Interests"), calculated to the nearest 1/1000 of a Class ______ Interest, unless on the Exchange Date all Senior Debt has been indefeasibly paid in full in cash and all commitments to provide Senior Debt have expired or been terminated. The number of Class ______ Interests issuable upon any such exchange shall be equal to the Total Amount as of the close of business on the Maturity Date divided by $_________.