Events of Default and Termination Events. (i) The following provisions of Section 5 will not apply to either Party A or Party B: Section 5(a)(ii) Section 5(a)(iii) Section 5(a)(iv) Section 5(a)(v) Section 5(a)(vi) Section 5(b)(iii) Section 5(b)(iv)
Events of Default and Termination Events. The following Events of Default and Termination Events shall apply to Party A and Party B as set forth below:
Events of Default and Termination Events. (i) The “
Events of Default and Termination Events. The following Events of Default and Termination Events shall apply to Party A and Party B as set forth below: Event of Default/Termination Event Applies to Party A Applies to Party B Section 5(a)(i) Payment Default No No Section 5(a)(ii) Breach of Agreement No No Section 5(a)(iii) Credit Support Default No No Section 5(a)(iv) Misrepresentation No No Section 5(a)(v) Default Under Specified Transaction Yes Yes Section 5(a)(vi) Cross Default No No Section 5(a)(vii) Bankruptcy Yes Yes Section 5(a)(viii) Merger Without Assumption No No Section 5(b)(i) Illegality Yes Yes Section 5(b)(ii) Tax Event No No Section 5(b)(iii) Tax Event Upon Merger No No Section 5(b)(iv) Credit Event Upon Merger No No Section 5(b)(v) Additional Termination Events No No
Events of Default and Termination Events. Breach of Agreement" provisions of Section 5(a)(ii) will apply amended as following: "Failure by the party to comply with or perform any obligation in accordance with this Agreement if such failure is not remedied on or before the thirtieth day after notice of such failure is given to the party".
Events of Default and Termination Events in which case the transfer value shall (unless otherwise agreed by the Secretary of State) be nil.”
Events of Default and Termination Events. (a) Events of Default. The occurrence at any time with respect to a party or, if applicable, any Credit Support Provider of such party or any Specified Entity of such party of any of the following events constitutes (subject to Sections 5(c) and 6(e)(iv)) an event of default (an “Event of Default”) with respect to such party:-
Events of Default and Termination Events. Sections 5(a) and 5(b) of this Agreement are hereby modified with respect to Party B, such that the occurrence at any time with respect to any Party B Group Member or, if applicable, any Specified Entity or Credit Support Provider of Party B, of any of the events set forth in clauses (i) through (viii) of Section 5(a) or (i) through (iii) of Section 5(b), shall constitute an Event of Default or Termination Event, as applicable, with respect to Party B and each Party B Group Member.
Events of Default and Termination Events. Amendments to Events of Default Section 5(a)(i) of the Master Agreement by deleting the following phrase “if such failure is not remedied on or before the third Local Business Day after notice of such failure is given to the party.”
Events of Default and Termination Events. The following provisions of Section 5 will not apply to either Party A or Party B:
