Swap Kit definition

Swap Kit means the IT Systems required for the continuity of the Business operations immediately after Completion;
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Examples of Swap Kit in a sentence

  • For the avoidance of doubt, if Buyer cannot close due to its failure to secure financing, Buyer shall remain obligated to pay for the Swap Kit and the Audit, and Seller shall be entitled to retain the Deposit.

  • Notwithstanding the foregoing, any post-Closing rights and obligations with respect to infrastructure or other IT related services that s Seller is obligated to perform pursuant to that certain (i) Shell Software License Agreement, (ii) Shell Process License Agreement, and (iv) Swap Kit Purchase Agreement shall govern any matters between the Parties set forth in such agreements.

  • In the event of a conflict between the provisions of this Agreement and the provisions of the Shell Refinery Process License Agreement, the Shell Software License Agreement, the Swap Kit Purchase Agreement and any other agreement governing these matters between the Parties, the applicable provisions of the Shell Refinery Process License Agreement, Shell Software License Agreement, the Swap Kit Purchase Agreement and any other agreement governing these matters between the Parties shall prevail.

  • Except as expressly granted on a non-exclusive basis in the Shell Refinery Process License Agreement, Shell Software License Agreement, the Swap Kit Purchase Agreement and any other agreement governing these matters between the Parties, Buyer will have no rights or licenses in any Intellectual Property of Seller or its Affiliates or otherwise.

Related to Swap Kit

  • Currency Swap Agreement means any currency swap agreement, including all schedules and confirmations thereto, entered into by the Issuer and the Currency Swap Counterparty, as the same may be amended, supplemented, renewed, extended or replaced from time to time.

  • Swap means any swap, hedge or similar arrangement or agreement that transfers, in whole or in part, the economic risk of ownership of Shares or Related Securities, regardless of whether any such transaction is to be settled in securities, in cash or otherwise.

  • Swap Provider means any Person that (i) is a Lender or an Affiliate of a Lender at the time it enters into the applicable Swap Agreement, in its capacity as a party thereto, or (ii) with respect to any Swap Agreement existing as of the Effective Date, is a Lender or an Affiliate of a Lender as of the Effective Date, in its capacity as a party thereto, in each case together with such Person’s successors and permitted assigns.

  • Swap Agreement means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Borrower or the Subsidiaries shall be a Swap Agreement.

  • Interest Rate Swap Agreement means the agreement(s) (including any further replacement agreements) entered into between the Guarantor LP and the Interest Rate Swap Provider(s) in the form of an ISDA Master Agreement, as the same may be amended, varied, supplemented, restated or extended from time to time, including a schedule and confirmations in relation to each Tranche or Series of Covered Bonds;