Existing Transactions. In the event that the parties have entered into Transactions prior to the date of this Agreement (collectively, the “Prior Transactions”), the parties agree that all such Prior Transactions shall constitute Transactions under and governed by this Agreement. To the extent of any conflict between the terms and provisions of the Prior Transactions and the terms and provisions of this Agreement, the terms and provisions of this Agreement shall control.
Existing Transactions. In the event that the parties have entered into Transactions prior to the date of this Agreement (collectively, the “Prior Transactions”), the parties agree that all such Prior Transactions shall constitute Transactions under and be governed by this Agreement. To the extent of any conflict between the terms and provisions of the Prior Transactions and the terms and provisions of this Agreement, the terms and provisions of this Agreement shall control; provided that, (i) all Additional Amounts, under and as defined in the Prior Transactions, shall automatically become Independent Amounts under this Agreement, and (ii) all Performance Assurance, as held by a party pursuant to the terms of and as defined in the Prior Transactions, shall automatically become Posted Credit Support under this Agreement, in each case subject to the terms of this Agreement.
Existing Transactions. The parties agree that this Agreement shall apply to all transactions which are outstanding as at the date of this Agreement so that such transactions shall be treated as if they had been entered into under this Agreement, and the terms of such transactions are amended accordingly with effect from the date of this Agreement.
Existing Transactions. The Parties agree that this Agreement shall apply to all transactions which are subject to a Master Repurchase Agreement (if any) previously entered into between them and which are outstanding as at the date of this Agreement so that such transactions shall be treated as if they had been entered into under this Agreement, and the terms of such transactions are amended accordingly with effect from the Effective Date of this Agreement.
Existing Transactions. All Transactions entered into between the parties hereto prior to the date of the Agreement which are outstanding at the date of the Agreement are hereby deemed to have been entered into pursuant to the Agreement and are governed by its terms.
Existing Transactions. Only those Transactions entered into between the Parties prior to the Effective Date which are described on Exhibit C ("Existing Transactions") shall be governed by this Master Agreement, and in the event any terms of this Master Agreement and the Existing Transactions are conflicting or inconsistent, the terms of this Master Agreement will control unless otherwise stated in such Exhibit C. Any prior Transaction entered into between the Parties, which is not described on Exhibit C, shall not be governed by this Master Agreement.
Existing Transactions. To the extent that Party A and Party B have entered into financial swaps, options or other financial derivative transactions (“Existing Transactions”) prior to the execution of this Agreement, they hereby agree that such Existing Transactions shall for all purposes be deemed to be Transactions hereunder and shall be subject to all of the terms of this Agreement. The provisions of this Agreement shall amend and supersede any conflicting provisions set forth in any confirmation or other agreements governing the Existing Transactions.
Existing Transactions. Any transaction entered into between Party A and Party B prior to the date of this Agreement shall not be a “Transaction” and shall not be governed by this Agreement.
Existing Transactions. 1. Incremental extensions to existing borrowers (i.e., new money) will be approved by a majority of the Investment Committee, including an affirmative vote from the Chairman or his designee.
Existing Transactions. The parties have entered into a Master Agreement dated as of October 15 1993 (the “Prior Agreement”), and have entered into Transactions under the Prior Agreement (the “Existing Transactions”). The parties agree that this Agreement shall supercede and replace the Prior Agreement and that the Existing Transactions shall constitute Transactions under and governed by this Agreement. To the extent of any conflict between the terms and provisions of the Existing Transactions, the terms and provisions of this Agreement shall control.
