Notification by Prime Broker Sample Clauses

Notification by Prime Broker. Section 4(c) also provides that the Prime Broker shall comply with the applicable notification requirements, if any, set forth in Part 6 of the Schedule. Parties should specify in Part 6 whether these notifications provisions are applicable or not applicable. If specified as applicable, the notification provisions require the Prime Broker to notify the Dealer if (i) the Material Terms set forth in a Dealer Notice do not match the Material Terms set forth in the Designated Party Notice within a period equal to the Number of Hours after the Prime Broker’s receipt of the later of those two notices, or (ii) the Prime Broker has not received a Designated Party Notice with respect to the Counterparty Transaction that is the subject of a Dealer Notice within a period equal to the Number of Hours after receipt of that Dealer Notice. As in Part 5, the parties specify the Number of Hours applicable to these provisions in the Part. In contrast to the notification provisions in Part 5, which address when a Counterparty Transaction becomes an Accepted Transaction, the provisions in Part 6 do not effect that determination. Part 6 specifies that the Prime Broker is not responsible or liable for any failure or delay in notifying Dealer as required by Part 6 arising directly or indirectly from circumstances beyond its reasonable control. While Part 6 does not specify the circumstances that would excuse any failure or delay in giving notice, they would reasonably include, among others events, power failures, natural disasters such as hurricanes or other storms and events such as bank holidays, strikes and civil unrest.
Sample 1
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Notification by Prime Broker. Prime Broker shall notify Dealer if (i) the Material Terms set forth in a Dealer Notice in respect of a Counterparty Transaction do not match the Material Terms set forth in the Designated Party Notice received from Desig- nated Party with respect to such Counterparty Transaction within a period equal to the Number of Hours of Prime Broker’s receipt of the later of Dealer Notice or Designated Party Notice or (ii) Prime Broker has not received a Designated Party Notice with respect to a Dealer Notice within a period equal to the Number of Hours of Prime Broker’s receipt of Dealer Notice. Prime Broker shall not be responsible or liable for any failure to or delay in notifying Dealer as required by this Part 6 arising out of or caused, directly or indirectly, by circum- stances beyond its reasonable control. Number of Hours for purposes of Part 6: [specify if applicable] Part 7. Notices pursuant to Section 8. For purposes of Section 8 of the Agreement: Address and other contact details for notices or communications to Prime Broker: The provisions of this Part 6 shall be [choose one]: ❏ applicable. ❏ not applicable. Address and other contact details for notices or communications to Dealer:
Sample 1
Notification by Prime Broker. The provisions of this Part 6 shall be [choose one]: [ ] Applicable [ ] Not applicable Prime Broker shall notify Dealer if (i) the Material Terms set forth in a Dealer Notice in respect of a Counterparty Transaction do not match the Material Terms set forth in the Designated Party Notice received from Designated Party with respect to such Counterparty Transaction within a period equal to the Number of Hours of Prime Broker’s receipt of the later of Dealer Notice or Designated Party Notice or (ii) Prime Broker has not received a Designated Party Notice with respect to a Dealer Notice within a period equal to the Number of Hours of Prime Broker’s receipt of Dealer Notice. Prime Broker shall not be responsible or liable for any failure to or delay in notifying Dealer as required by this Part 6 arising out of or caused, directly or indirectly, by circumstances beyond its reasonable control. Number of Hours for purposes of Part 6: [specify if applicable]____________
Sample 1
Notification by Prime Broker. The provisions of this Part 6 shall be [choose one]: ❏ applicable. ❏ not applicable. Prime Broker shall notify Dealer if (i) the Material Terms set forth in a Dealer Notice in respect of a Counterparty Transaction do not match the Material Terms set forth in the Designated Party Notice received from Designated Party with respect to such Counterparty Transaction within a period equal to the Number of Hours of Prime Broker’s receipt of the later of Dealer Notice or Designated Party Notice or
Sample 1

Related to Notification by Prime Broker

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  • Termination by University A. The University may terminate this contract if the student fails to fulfill financial obligations specified in this contract or if the student violates any of the terms of this contract or published University or University Housing policy. In such cases, the student will be charged a cancellation fee of 35% of the remainder of contract price plus prorate for the time occupied.

  • Termination by Agency Agency and Contractor may agree to terminate the SOC at any time. Agency may terminate the SOC for any reason or no reason immediately upon written notice to Contractor or at such other date as Agency may specify in such notice.

  • Termination by Xxxxxx Xilinx may terminate this Agreement for material breach by Licensee, provided that Xilinx has given written notice to Licensee of such breach and Licensee fails to cure such breach within thirty (30) days thereof; provided, however, in the event of a breach of confidentiality under Section 7 whereby unauthorized disclosure and/or dissemination by electronic or other means is likely to cause undue harm to Xilinx, then Xilinx may, at its discretion, immediately terminate this Agreement and seek other appropriate equitable and legal remedies as deemed necessary to protect its interests hereunder.

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  • Termination by Xxxxx Subject to Section 5.2, the CAISO may terminate this Agreement by giving written notice of termination in the event that the Participating Load commits any material default under this Agreement and/or the CAISO Tariff which, if capable of being remedied, is not remedied within thirty (30) days after the CAISO has given, to the Participating Load, written notice of the default, unless excused by reason of Uncontrollable Forces in accordance with Article X of this Agreement. With respect to any notice of termination given pursuant to this Section, the CAISO must file a timely notice of termination with FERC, if this Agreement was filed with FERC, or must otherwise comply with the requirements of FERC Order No. 2001 and related FERC orders. The filing of the notice of termination by the CAISO with FERC will be considered timely if: (1) the filing of the notice of termination is made after the preconditions for termination have been met, and the CAISO files the notice of termination within sixty (60) days after issuance of the notice of default; or (2) the CAISO files the notice of termination in accordance with the requirements of FERC Order No. 2001. This Agreement shall terminate upon acceptance by FERC of such a notice of termination, if filed with FERC, or thirty (30) days after the date of the CAISO’s notice of default, if terminated in accordance with the requirements of FERC Order No. 2001 and related FERC orders.

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