Economic Terms definition

Economic Terms means that part of the SwapClear Contract Terms designated as Economic Terms by the Clearing House from time to time.
Economic Terms means that part of the SwapClear Contract Terms, RepoClear Contract Terms, RepoClear GC Contract Terms, EquityClear Contract Terms, LCH EnClear Contract Terms, ForexClear Contract Terms, or, in respect of a Designated Listed Interest Rates Contract, the Listed Interest Rates Contract Terms as the case may require, designated as Economic Terms by the Clearing House from time to time

Examples of Economic Terms in a sentence

  • In the event of any inconsistency between the Economic Terms and General Terms, the General Terms will prevail.

  • If Tenant does not so notify Landlord that it does not accept the Economic Terms set forth in the First Offer Notice concurrently with Tenant's exercise of the first offer right, the Economic Terms shall be as set forth in the First Offer Notice.

  • Terms defined in the Conditions shall have the same meaning in the Economic Terms and Conditions.

  • In the event Tenant gives Landlord notice pursuant to clause (iii) above, Landlord may elect to either (x) lease the Designated Space to Tenant upon such revised Economic Terms and the same other non-Economic Terms as set forth in this Lease, or (y) lease the Designated Space to any third party upon Economic Terms which are not materially more favorable to such party than those Economic Terms proposed by Tenant.

  • If concurrently with Tenant's exercise of the first offer right, Tenant notifies Landlord that it does not accept the Economic Terms set forth in the First Offer Notice, Landlord and Tenant shall, for a period of fifteen (15) days after Tenant's exercise, negotiate in good faith to reach agreement as to such Economic Terms.


More Definitions of Economic Terms

Economic Terms shall refer to: (i) the rental rate (including additional rent and considering any "base year" or "expense stop" applicable thereto); (ii) the amount of any improvement allowance or the value of any work to be performed by Landlord in connection with the lease of such First Offer Space (which amount is a deduction from the cost to Tenant or such other party); and (iii) the amount of free rent (which amount is a deduction from the cost to Tenant or such other party).
Economic Terms means that part of the SwapClear Contract Terms, RepoClear Contract Terms, RepoClear GC Contract Terms, EquityClear Contract Terms, LCH EnClear Contract Terms, ForexClear Contract Terms, or, in respect of a Designated Listed Interest Rates Contract, the Listed Interest Rates Contract Terms as the case may require, designated as Economic Terms by the Clearing House from time to time"Eligible EnClear Trade"means a trade eligible for registration in the LCH EnClear Services"Eligible Listed Interest Rates Contracts"means those Listed Interest Rates Contracts meeting the eligibility criteria in respect of Portfolio Margined Contracts as set out in the Product Specific Contract Terms and Eligibility Criteria Manual as published on the Clearing House’s webite from time to time"Eligible Transferee"means an SCM, acting for its own account or for the account of a SwapClear Clearing Client, that the Clearing House permits, in its sole and absolute discretion, and subject always to compliance with Applicable Law, to receive Transferring SwapClear Contracts transferred by an Eligible Transferor pursuant to Regulation 60 of these Regulations and in accordance with the Procedures and (where applicable) any relevant Collateral Management Agreement"Eligible Transferor"means an SCM, acting for its own account or for the account of a SwapClear Clearing Client, that the Clearing House permits, in its sole and absolute discretion, and subject always to compliance with Applicable Law, to transfer all or part of its Transferring SwapClear Contracts to an Eligible Transferee pursuant to Regulation 60 of these Regulations and in accordance with the Procedures and (where applicable) any relevant Collateral Management Agreement"Eligible US Trading Venue"means, in respect of a SwapClear Clearing Member, a US Trading Venue for which the Clearing House’s records reflect that such SwapClear Clearing Member has completed the Clearing House’s process for enabling the SwapClear Clearing Member to be eligible to submit (or have submitted on its behalf) a transaction executed on such US Trading Venue to the Clearing House for registration"EMIR"means Regulation (EU) No 648/2012 of the European Parliament and the Council of 4 July 2012 on OTC Derivatives, Central Counterparties, and Trade Repositories
Economic Terms means the following: (i) whether the Real Property and Improvements are being sold subject to a management agreement with a Marriott Company and, if so, the economic terms of the management agreement, (ii) whether the sale includes any Assets other than the Real Property and Improvements (i.e., which personal property located at the Real Property will be included in the sale), (iii) the purchase price of the Real Property and Improvements (and any other Assets if applicable), (iv) if the entire purchase price is not to be paid in cash or current funds at the closing, the terms of payment of the balance of the purchase price, (v) the interest on and security (if any) for any deferred purchase price, and (vi) any other material terms of the sale.
Economic Terms means (a) the rental rate (including additional rent applicable thereto); (b) the amount of any improvement allowance or the value of any work to be performed by Landlord in connection with the lease of such 90 Building First Refusal Space; (c) the amount of free rent; (d) the amount of parking passes available for Tenant to rent and (e) any other monetary concessions applicable to Tenant's lease of the 90 Building First Refusal Space. Landlord's determination of the amount of the increase to the Security Deposit shall be made by reviewing the extent of financial security then generally being imposed in comparable transactions from tenants of comparable financial condition and credit history to the then existing financial condition and credit history of Tenant (with appropriate adjustments to account for differences in the then-existing financial condition of Tenant and such other tenants); provided that in no event shall the increased amount of the Security Deposit be less than the last month of Base Rent payable by Tenant during the First Refusal Term. If Tenant wishes to exercise Tenant's 90 Building Right of First Refusal, then within three (3) business days of delivery of the 90 Building First Refusal Notice to Tenant, Tenant shall have the right to deliver notice to Landlord ("Tenant's First Refusal Exercise Notice") of Tenant's election to exercise its 90 Building Right of First Refusal with respect to the entire 90 Building First Refusal Space. If Tenant does not deliver Tenant's First Refusal Exercise Notice within the three (3) business day period, then Landlord shall be free to enter into a lease ("Third Party Lease") for the space described in the 90 Building First Refusal Notice to anyone to whom Landlord desires on any terms Landlord desires and Tenant's 90 Building Right of First Refusal shall terminate.
Economic Terms shall refer to the net, aggregated cost to Tenant or another party, on a present value basis, of the effect of the following terms for any particular First Offer Space: (i) the rental rate (including additional rent and considering any “base year” or “expense stop” applicable thereto); (ii) the amount of any improvement allowance or the value of any work to be performed by Landlord in connection with the lease of such First Offer Space (which amount is a deduction from the cost to Tenant or such other party); and (iii) the amount of free rent (which amount is a deduction from the cost to Tenant or such other party).
Economic Terms means the Cash Consideration, the Cap Price, the Floor Price, the exchange rate and percentage contained in the definition of Notional Aggregate Flat Exchange Price and the Observation Period.