Examples of Automatic Early Termination in a sentence
In circumstances where an Early Termination Date occurs because "Automatic Early Termination" applies in respect of a party, the amount determined under this Section 6(e) will be subject to such adjustments as are appropriate and permitted by law to reflect any payments or deliveries made by one party to the other under this Agreement (and retained by such other party) during the period from the relevant Early Termination Date to the date for payment determined under Section 6(d)(ii).
A Clearing Member (i) in respect of whom the Clearing House has issued a Default Notice under Rule3; or (ii) in respect of whom an Automatic Early Termination Event has occurred, is in these Rules called a " Defaulter".
In circumstances where an Early Termination Date occurs because Automatic Early Termination applies in respect of a party, the Early Termination Amount will be subject to such adjustments as are appropriate and permitted by applicable law to reflect any payments or deliveries made by one party to the other under this Agreement (and retained by such other party) during the period from the relevant Early Termination Date to the date for payment determined under Section 6(d)(ii).
The term " Automatic Early Termination Provisions" has the meaning specified in paragraph 8.2(b)(ii).
The "Automatic Early Termination" provisions of Section 6(a) will not apply to Party A and will not apply to Party B.