Common use of Reference Obligation Removal Clause in Contracts

Reference Obligation Removal. Counterparty shall be entitled to terminate any Transaction or any portion thereof by giving a notice (an "Accelerated Termination Notice") that is effective no more than 30 days, and no less than seven Business Days, prior to the proposed Pricing Date (each such termination, an "Accelerated Termination"). The Accelerated Termination Notice shall specify (1) the Reference Obligation that is the subject of such Accelerated Termination, (2) the Reference Amount of the Transaction (or portion thereof) to be terminated (which will be the Reference Amount of the Terminated Obligation) and (3) the proposed Pricing Date.

Reference Obligation Removal. Counterparty shall be entitled to terminate any Transaction or any portion thereof by giving a notice (an "“Accelerated Termination Notice"”) that is effective no more than 30 days, and no less than seven Business Days, prior to the proposed Pricing Date (each such termination, an "“Accelerated Termination"”). The Accelerated Termination Notice shall specify (1) the Reference Obligation that is the subject of such Accelerated Termination, (2) the Reference Amount of the Transaction (or portion thereof) to be terminated (which will be the Reference Amount of the Terminated Obligation) and (3) the proposed Pricing Date.