Examples of Optional Early Termination Date in a sentence
Upon termination of the Default Swap in such circumstances, neither the Issuer nor the Swap Counterparty shall have any further payment obligations under, or in respect of, the Default Swap, except in respect of obligations which have accrued or Credit Events in respect of which Event Determination Dates have occurred on or prior to the Additional Optional Early Termination Date (subject as described therein).
Applicable.The Issuer shall redeem the Notes in accordance with Condition 7(f) (Redemption at the Option of the Issuer and Exercise of Issuer’s Options) where it has received, at least 10 Business Days prior to the Asset Swap Optional Early Termination Date (as defined in the Asset Swap Confirmation) an Asset Swap Optional Early Termination Notice (as defined in the Asset Swap Confirmation) from the Asset Swap Counterparty.
Such written request shall be delivered no later than two (2) Exchange Business Days immediately preceding the requested Optional Early Termination Date.
Upon the occurrence of an Issuer Optional Early Termination Date, the relevant Warrants will be terminated.
If the Optional Early Termination Date is on or prior to the day that falls on six months after the Effective Date, the Counterparty shall pay to NBC an amount, on the Optional Termination Date, equal to: Terminated Number of Shares x Initial Price x Spread x D/360 Where D represents the number of calendar days from, but excluding, the Optional Early Termination Date up to, and including, the calendar day that falls on six months after the Effective Date.
Unless the parties otherwise agree at such time, the first Final Averaging Date in respect of the Terminated Number of Shares shall be the Optional Early Termination Date.
Macquarie shall notify Party B of the Optional Early Termination Amount no later than 2 Currency Business Days following the Optional Early Termination Date, and the Optional Early Termination Amount shall be payable on the Optional Early Termination Payment Date.
Subject to paragraph (D) below, if the Default Swap is terminated in whole on any Additional Optional Early Termination Date and the Notes are consequently redeemed pursuant to sub-paragraph 13(G) of the Conditions, this Transaction will terminate on the Additional Optional Early Termination Date.
The terms "Optional Early Termination Date" and "Ramp-up Early Termination Date" are defined in the Schedule to these Terms.
References in this sub-paragraph to the Termination Date shall be deemed to be references to the earliest of the Scheduled Termination Date, the Regulatory Optional Early Termination Date, the Ramp-Up Period Optional Early Termination Date, the Rating Agency Test Early Termination Date or the Additional Optional Early Termination Date and shall not be references to any Cash Payment Date which occurs after such date.