Default under Specified Transaction definition

Default under Specified Transaction provisions of Section 5(a)(v) will not apply to Party A and will not apply to Party B.
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Default under Specified Transaction provisions of Section 5(a)(v) of the Agreement will be inapplicable to Party A and Party B.
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Default under Specified Transaction is not applicable to BNY or the Counterparty for any purpose, and, accordingly, Section 5(a)(v) shall not apply to BNY or the Counterparty.
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Examples of Default under Specified Transaction in a sentence

  • Sections 5(a)(ii) (Breach of Agreement), 5(a)(iv) (Misrepresentation), 5(a)(v) (Default under Specified Transaction), 5(a)(vi) (Cross Defaults), 5(a)(vii)(9) and 5(a)(viii) (Merger without Assumption) shall not apply in respect of either party.

  • Sections 5(a)(ii) (Breach of Agreement; Repudiation of Agreement), 5(a)(iv) (Misrepresentation), 5(a)(v) (Default under Specified Transaction), 5(a)(vi) (Cross-Default), 5(a)(vii)(9) and 5(a)(viii) (Merger without Assumption) shall not apply in respect of either party.

  • The "Default under Specified Transaction" provisions of Section 5(a)(v) will not apply to Party A and will not apply to Party B.

  • The "Default under Specified Transaction" provisions of Section 5(a)(v) will apply to Party A and will not apply to Party B.

  • Specified Entity" means "Affiliates" in relation to Party A and Party B for the purpose of the "Default under Specified Transaction" provision (Section 5(a)(v)).


More Definitions of Default under Specified Transaction

Default under Specified Transaction provisions of Section 5(a)(v) will apply to Xxxxxx and will not apply to the Counterparty.
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Default under Specified Transaction and “Cross Default” provisions of Section 5(a)(v) and (vi) will not apply to Party A and Party B.
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Default under Specified Transaction. [Not] Applicable. Not Applicable.
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Default under Specified Transaction provisions of Section 5(a)(v) of the Agreement will be inapplicable to SRFP and Counterparty.
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Default under Specified Transaction provisions of Section 5(a)(v) will not apply to [Bank] and will not apply to the Counterparty.
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Default under Specified Transaction provisions of Section 5(a)(v) of the Agreement will be inapplicable to BSFP and Counterparty.
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Default under Specified Transaction as set forth in Section 5(a)(v) of the Agreement shall not apply to Dealer or Counterparty.
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