Termination of delivery obligations upon Event of Default. Subject to paragraph 9, if an Event of Default occurs in relation to either Party, the Parties’ delivery and payment obligations (and any other obligations they have under this Agreement) shall be accelerated so as to require performance thereof at the time such Event of Default occurs (the date of which shall be the “Termination Date” for the purposes of this clause) so that performance of such delivery and payment obligations shall be effected only in accordance with the following provisions:
Appears in 8 contracts
Samples: Lending Agreement (Credit Industriel Et Commercial), Lending Agreement (Credit Industriel Et Commercial), Lending Agreement (Credit Industriel Et Commercial)
Termination of delivery obligations upon Event of Default. Subject to paragraph 9, if an Event of Default occurs in relation to either Party, the Parties’ ' delivery and payment obligations (and any other obligations they have under this Agreement) shall be accelerated so as to require performance thereof at the time such Event of Default occurs (the date of which shall be the “"Termination Date” " for the purposes of this clause) so that performance of such delivery and payment obligations shall be effected only in accordance with the following provisions:
Appears in 2 contracts
Samples: Securities Lending Agreement, Global Master Securities Lending Agreement (Siem Industries Inc.)
Termination of delivery obligations upon Event of Default. Subject to paragraph 9, if an Event of Default occurs in relation to either Party, the Parties’ ' delivery and payment obligations (and any other obligations they have under this Agreement) shall be accelerated so as to require performance thereof at the time such Event of Default occurs (the date of which shall be the “"Termination Date” " for the purposes of this clause) so that performance of such delivery and payment obligations shall be effected only in accordance with the following provisions:
Appears in 1 contract
Samples: Master Securities Lending Agreement
Termination of delivery obligations upon Event of Default. Subject to paragraph 9, if an Event of Default occurs in relation to either Party, the Parties’ ' delivery and payment obligations (and any other obligations they have under this Agreement) shall be accelerated so as to require performance thereof at the time such Event of Default occurs (the date of which shall be the “"Termination Date” " for the purposes of this clause) so that performance of such delivery and payment obligations shall be effected only in accordance with the following provisions:
Appears in 1 contract
Samples: Master Securities Lending Agreement
