Individual Terms definition
Examples of Individual Terms in a sentence
If this § 28.2 is specified as applying in Section B of Part I (Individual Terms), each Party shall be entitled to assign its rights and obligations under this Agreement without the prior written consent of the other Party to an Affiliate of an equivalent or greater creditworthiness, provided that such Affiliate is incorporated in the same jurisdiction as the assigning and transferring Party.
This § 4 shall apply only if specified as applying in Section B of Part I (Individual Terms).
This § 9 shall apply only if "Physical Settlement" is specified in Section A of Part I (Individual Terms).
In the event of any inconsistency between the provisions of Part I (Individual Terms) and the provisions of Part II (General Provisions) of this Agreement, the provisions in Part I (Individual Terms) shall prevail.
If this § 27.2 is specified as applying in Section B of Part I (Individual Terms), as soon as it becomes aware of such decline, each Party shall promptly notify the other Party of the occurrence of a decline in its Tangible Net Worth or the Tangible Net Worth of its Credit Support Provider or Controlling Party, to a level below the amount specified in Section B of Part I (Individual Terms).