Second Method definition

Second Method will apply for the purpose of Section 6(e) of this Agreement.

Second Method will apply for the purpose of Section 6(e) of this Agreement. Notwithstanding Section 6 of this Agreement, so long as Party A is (A) the Affected Party in respect of an Additional Termination Event or a Tax Event Upon Merger or (B) the Defaulting Party in respect of any Event of Default, paragraphs (i) to (vi) below shall apply:

Second Method will apply for the purpose of Section 6(e) of this Agreement; provided, however, in the case of the Additional Termination Event specified below in Section (h)(i) that occurs other than as a result of an amendment after the date hereof to the Investment Company Act of 1940, as amended, or the promulgation of regulations thereunder after the date hereof, the related Settlement Amount for each Party will be deemed to be zero.

Examples of Second Method in a sentence

• If the Second Method and Market Quotation apply, an amount will be payable equal to (A) the sum of the Settlement Amount (determined by the Non-defaulting Party) in respect of the Terminated Transactions and the Termination Currency Equivalent of the Unpaid Amounts owing to the Non-defaulting Party less (B) the Termination Currency Equivalent of the Unpaid Amounts owing to the Defaulting Party.

• If the Second Method and Loss apply, an amount will be payable equal to the Non-defaulting Party's Loss in respect of this Agreement.

• If the parties fail to designate a payment measure or payment method in the Schedule, it will be deemed that "Market Quotation" or the "Second Method", as the case may be, shall apply.

• If an Early Termination Date occurs, the following provisions shall apply based on the parties' election in the Schedule of a payment measure, either "Market Quotation" or "Loss", and a payment method, either the "First Method" or the "Second Method".

• If the Second Method and Loss apply, an amount will be payable equal to the Non-defaulting Party’s Loss in respect of this Agreement.

More Definitions of Second Method

Second Method will apply for the purpose of Section 6(e) of this Agreement. "Termination Currency" means United States Dollars.

Second Method and “Loss” for purposes of Section 6(e) of the Agreement and (ii) the other modifications described below.

Second Method means the payment method specified in Clause 6(a)(i)(3) and (4) of Part III of these Terms and Conditions.「第二方式」指如本條款及細則第三部分第 6(a)(i)(3)及(4)條所述的支付方式。

Second Method and "Market Quotation" will apply for the purpose of Section 6(e) of this Agreement.

Second Method shall be specified as the applicable payment method and "Market Quotation" as the applicable payment measure;

Second Method and "Loss" shall apply.

Second Method will apply for the purpose of Section 6(e) of this Agreement; PROVIDED, HOWEVER, that in the case of an Event of Default as described under Section 5(a)(i) or 5(a)(vii) with respect to Party A as the Defaulting Party, the related Settlement Amount, if negative, will be deemed to be zero.