Examples of Early Termination Trigger Date in a sentence
If any Non-Defaulting Clearing Member does not agree to an adjustment to its Loss Distribution Cap Amount on such Business Day in the form and within the timeframe set out in the relevant Clearing Notice, an Early Termination Trigger Date shall arise, in accordance with Clause 8.1 of the CDS Default Management Process.
Upon an Early Termination Trigger Date, LCH.Clearnet SA shall promptly publish a Clearing Notice notifying all Clearing Members that an Early Termination Trigger Date has arisen, and that LCH.Clearnet SA will not novate any more Original Transactions submitted to it for clearing on such day (if such day is a Clearing Day) and will not accept any Original Transactions which are submitted to LCH.Clearnet SA for clearing by Clearing Members at any time after the Early Termination Trigger Date has arisen.
Currently, LCH SA must notify a Clearing Member by 15:00 on the Early Termination Trigger Date or on the first Business Day following the Early Termination Trigger Date.
No Sublicense or subcontract will diminish, reduce or eliminate any obligation of either Party under this Agreement.
The term of this Agreement shall be the period ending on the earlier of (A) the date which is the fourth anniversary of the Effective Date (as such term is defined in the Merger Agreement unless the Company elects to effectuate an All Class Redemption pursuant to Section 9.04), or, (B) unless the Company elects to effectuate a Class A Redemption pursuant to Section 9.03 hereof, the Early Termination Trigger Date, unless terminated sooner as herein provided.
Competing on experience differentiation implies providing uniqueness to your service offering through immersion of the consumer into the service, with visual or sound elements to turn the service into an experience.
Clause 8.1.1 of Appendix 1 of the Rule Book would be amended to remove a reference to the Early Termination Trigger Date at the end of the paragraph for consistency purpose since all payment and delivery obligations in the context of the Early Termination process will be made at the date and times as set out in the following provisions of Clause 8.
The proposed rule change would provide that such recalculation is ‘‘subject to the maximum value for the Bid Credit of the Minimum Bid Size.’’In Clause 8.1.1 of Appendix 1 of theRule Book, the proposed rule change would remove a reference to the Early Termination Trigger Date at the end of the paragraph.
Finally, it is proposed to amend Clause 8.6 to correct an inconsistency between applicable timings provided for in Clauses 8.3 and 8.6. As a result, the notification of the LCH Repayment Amounts is proposed to be made by no later than the end of the second Business Day following the Early Termination Trigger Date.
The current notification deadline could not be achieved in practice as it is set at 15:00 on the Early Termination Trigger Date or on the first Business Day following the Early Termination Trigger Date, whereas the calculation of a CDS Repayment Amount, which is taken into account in the calculation of a LCH Repayment Amount, is based on the prices determined as at the end of the Business Day following the Early Termination Trigger Date in accordance with Clause 8.3 of Appendix 1.