LOSS ABSORPTION AND CANCELLATION OF INTEREST AMOUNTS Sample Clauses

LOSS ABSORPTION AND CANCELLATION OF INTEREST AMOUNTS. Upon any write-down or write-up of the principal amount of the Notes represented by this temporary Global Note pursuant to Condition 6 (Loss absorption and reinstatement of principal amount) or in the event of cancellation of any Interest Amounts pursuant to Condition 5 (Interest and interest cancellation), the principal amount of this temporary Global Note shall be reduced or increased, as the case may be, for all purposes by the amount so written down or written up, and the resulting principal amount of this temporary Global Note or any cancelled Interest Amounts in respect of this temporary Global Note, as appropriate, shall be entered by or on behalf of the Fiscal Agent on Part 3 (Loss absorption) or Part 2 (Payments) of the Schedule to this temporary Global Note respectively.
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LOSS ABSORPTION AND CANCELLATION OF INTEREST AMOUNTS. Upon any write-down or write-up of the principal amount of the Notes represented by this permanent Global Note pursuant to Condition 6 (Loss absorption and reinstatement of principal amount) or in the event of cancellation of any Interest Amounts pursuant to Condition 5 (Interest and interest cancellation), the principal amount of this permanent Global Note shall be reduced or increased, as the case may be, for all purposes by the amount so written down or written up, and the resulting principal amount of this permanent Global Note or any cancelled Interest Amounts in respect of this permanent Global Note, as appropriate, shall be entered by or on behalf of the Fiscal Agent on Part 4 (Loss absorption and reinstatement of principal amount) of the Schedule to this permanent Global Note.

Related to LOSS ABSORPTION AND CANCELLATION OF INTEREST AMOUNTS

  • Termination and Cancellation 9. 1. Licences will expire after the period shown in Clause 3 (above).

  • Maintenance/Cancellation of Insurance There will be no cancellation or reduction of coverage of any required insurance without thirty (30) days’ written notice to the Contractor. Such notice may be sent by the Subcontractor’s insurance carrier, insurance broker, or the Subcontractor.

  • VARIATION AND CANCELLATION No agreement varying, adding to, deleting from or cancelling this agreement, shall be effective unless reduced to writing and signed by or on behalf of the parties.

  • Suspension and Cancellation Section 5.01. The following are specified as additional events for suspension of the right of the Recipient to make withdrawals from the Grant Account for the purposes of Section 8.01(k) of the Grant Regulations or cancellation of the Grant pursuant to Section 8.02 of the Grant Regulations:

  • Reservation and Cancellation Procedure A. Unless otherwise set forth, Attendees will make their own reservations for sleeping rooms.

  • TERM AND CANCELLATION 22.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is ………… and the duration shall be for a three [3] year period, expiring on , unless:

  • Promotion and Protection of Investments 1. Each Contracting Party shall encourage and create favourable conditions for investors of the other Contracting Party to make investments in its territory and shall admit such investments in accordance with its laws and regulations.

  • RIGHTS ON CANCELLATION 21.1 If this Agreement or Purchase Order is cancelled in whole or in part in terms of clause 20 [Total or Partial Failure to Perform], Transnet may execute or complete this Agreement with any other entity and do so on such terms as it may deem proper, or may procure other comparable Goods/Services in substitution for those neglected to be manufactured or supplied or rejected as aforesaid, and may recover from the Supplier the difference between the cost of such Goods/Services and the Price [if the latter was lower] as well as any costs and expenses [including any additional transport costs] which Transnet may have had to incur in consequence of the Supplier’s/Service Provider’s default.

  • Changes and Cancellations Order changes or cancellations are subject to Seller’s written approval and additional charges may apply. Seller shall not be liable for any delays due to order changes. Seller may make changes in the Products without obligation to install such changes in any Product manufactured prior thereto. Seller may make such changes to any ordered Products as do not, in Seller’s judgment, interfere with the satisfactory operation of the Product. Seller may charge Buyer a cancellation charge of twenty percent (20%) if Buyer cancels any part of an order or if Seller terminates an order due to Buyer's violation of any duty to Seller.

  • Cancellation of Insurance There will be no cancellation or reduction of coverage of any required insurance without thirty (30) days’ written notice to the Contractor. Such notice may be sent by the Subcontractor’s insurance carrier, insurance broker, or the Subcontractor. Waiver of Subrogation. Subcontractor waives all rights against Contractor, Client, other subcontractors, and their agents.

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