Termination Risk Clause Samples
The Termination Risk clause defines how the risks associated with ending a contract prematurely are allocated between the parties. Typically, this clause outlines which party bears responsibility for losses, costs, or liabilities that arise if the agreement is terminated before its natural expiration, such as payment for work already performed or penalties for early exit. Its core function is to provide clarity and fairness in managing the financial and operational consequences of early contract termination, thereby reducing uncertainty and potential disputes.
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Termination Risk. You acknowledge that if you choose to revoke the Consent or terminate this Agreement or if this Agreement and/or the Robo Advisory Service is terminated by SoFi HK, all of your Robo Accounts will be closed with all your investment and credit balance being transferred to your Brokerage Account. SoFi HK will no longer provide any Robo Advisory Service for the transferred assets such as the Rebalance of your investment. You acknowledge that if any of your investment consist of Fractional Shares, you may not be able to sell them directly in your Brokerage Account through the SoFi Hong Kong mobile application and may not be able to combine them into a whole share. Alternatively, you can place an order to sell these Fractional Shares with a phone order.
Termination Risk. 6.4.1.10.1 L&I Products must be terminated when all the market makers resign. Termination of the L&I Product should take place at about the same time when the resignation of the last market maker becomes effective.
Termination Risk. The risk that a swap agreement will be terminated and MTA or MTA Bridges and Tunnels will be required to make a swap termination payment to the counterparty and, in the case of a swap agreement which was entered into for the purpose of creating a synthetic fixed rate for an advance refunding transaction may also be required to take action to protect the tax exempt status of the related refunding bonds. *Note: Equivalent Fitch rating is replacement for ▇▇▇▇▇’▇ or S&P. *Note: Equivalent ▇▇▇▇▇’▇ rating is replacement for S&P or Fitch. **Note: Equivalent Fitch rating is replacement for ▇▇▇▇▇’▇ or S&P. *Note: Equivalent Fitch rating is replacement for ▇▇▇▇▇’▇ or S&P. *Note: Equivalent Fitch rating is replacement for ▇▇▇▇▇’▇ or S&P. If not below Investment Grade, MTA Bridges and Tunnels may cure such Termination Event by posting collateral at a Zero threshold. **Note: Equivalent Fitch rating is replacement for ▇▇▇▇▇’▇ or S&P. Rollover Risk. The risk that the swap agreement matures or may be terminated prior to the final maturity of the associated bonds on a variable rate bond issuance, and MTA or MTA Bridges and Tunnels may be exposed to then market rates and cease to receive the benefit of the synthetic fixed rate for the duration of the bond issue. The following debt is exposed to rollover risk: Collateralization/Contingencies. Under the majority of the swap agreements, MTA and/or MTA Bridges and Tunnels is required to post collateral in the event its credit rating falls below certain specified levels. The collateral posted is to be in the form of cash, U.S. Treasury securities, or certain Federal agency securities, based on the valuations of the swap agreements in liability positions and net of the effect of applicable netting arrangements. If MTA and/or MTA Bridges and Tunnels do not post collateral, the swap(s) may be terminated by the counterparty(ies).