Common use of NOVATION CONFIRMATIONS Clause in Contracts

NOVATION CONFIRMATIONS. As soon as practicable after an agreement to novate has been entered into in accordance with Section 5.1 of this Annex, Party B (or the Manager on its behalf) must issue to Party A a Novation Confirmation. Upon receipt of a Novation Confirmation, Party A must promptly either:

Appears in 4 contracts

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

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NOVATION CONFIRMATIONS. As soon as practicable after an agreement to novate has been entered into in accordance with Section 5.1 of this Annex, Party B (or the Manager on its behalf) must issue to Party A A, a Novation Confirmation. Upon receipt of a Novation Confirmation, Party A must promptly either:

Appears in 2 contracts

Samples: Macquarie Securitisation LTD, Macquarie Securitisation LTD

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NOVATION CONFIRMATIONS. As soon as practicable after an agreement to novate has been entered into in accordance with Section 5.1 of this Annex, Party B (itself or the Manager on its behalf) and the Manager must issue to Party A a Novation Confirmation. Upon receipt of a Novation Confirmation, Party A must promptly either:

Appears in 1 contract

Samples: Master Agreement (Macquarie Securitisation LTD)

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