Base Agreements definition
Examples of Base Agreements in a sentence
In addition to any other rights Covered Entity may have in the Base Agreement(s), this BAA, or by operation of law or in equity, Covered Entity may, upon a breach or violation of this BAA, provide a reasonable opportunity for Business Associate to cure or end any such violation within the time specified by Covered Entity.
If cure is not possible or if Business Associate does not cure such breach or violation, Covered Entity may immediately terminate the Base Agreement(s).
Each term capitalized but not defined in this Agreement shall have the meaning assigned thereto in the Base Agreements.
As used herein, “Securitization Unwind” means notice of the requisite amount of a party’s intention to exercise its option to purchase the underlying Trust Estate (other than the Trust Accounts) pursuant the Base Agreements is given by the Trustee to certificateholders or noteholders, as applicable, pursuant to the Base Agreements.
In case of any inconsistency or conflict between the Base Agreement(s) and the terms and conditions of this BAA, the terms and conditions of this BAA shall control.