Default under Specified Transaction definition

Default under Specified Transaction provisions of Section 5(a)(v) of the Agreement will be inapplicable to Party A and Party B.

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

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

Examples of Default under Specified Transaction in a sentence

• Section 5(a)(v) (Default under Specified Transaction) will not apply to Party A or Party B.

• 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.

• 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)).

• Section 5(a)(v) (Default under Specified Transaction) will not apply to Party A or Party B.Section 5(a)(vi) (Cross Default) will not apply to Party A or Party B.Section 5(a)(vii) (Bankruptcy) will apply to Party A and Party B; provided that clause (2) thereof shall not apply to Party B.Section 5(a)(viii) (Merger without Assumption) will apply to Party A and Party B.(d)Termination Events.

More Definitions of Default under Specified Transaction

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.

Default under Specified Transaction provisions of Section 5(a)(v) will apply to Xxxxxx and will not apply to the Counterparty.

Default under Specified Transaction. Not Applicable. Not Applicable.

Default under Specified Transaction and “Cross Default” provisions of Section 5(a)(v) and (vi) will not apply to Party A and Party B.

Default under Specified Transaction is not applicable to Party A or Party B for any purpose, and, accordingly, Section 5(a)(v) will not apply to Party A or Party B.

Default under Specified Transaction provisions of Section 5(a)(v) will not apply to [Bank] and will not apply to the Counterparty.

Default under Specified Transaction provisions of Section 5(a)(v) of the Agreement will be inapplicable to BSFP and Counterparty.