Unwind Event definition

Unwind Event has the meaning set forth in Section 7.03 of the Participation Agreement.
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Unwind Event is defined in Section 6.3 of the Construction Agency Agreement.
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Unwind Event means (subject to Section 5.8) any final and binding court or regulatory order, injunction, writ, judgment, decree, decision or ruling, or any law, statute, decree, rule, regulation, ordinance or administrative interpretation (collectively, "LEGAL ACTION"), that
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Examples of Unwind Event in a sentence

  • The full definition of Hedging Disruption Early Unwind Event will further be detailed in the Swap Agreement (if any) in respect of each Portfolio.

  • In respect of any Credit Support Assets comprising cash deposits, the Issuer, the Trustee or the Custodian shall realise such cash deposits into cash which shall be paid into the Cash Account as soon as reasonably practicable following the date on which notice is given that such Credit Support Assets are to be realised in whole or in part into cash in respect of an Unwind Event.

  • If the Maturity Date relates to an Autocall Date, an Unwind Event will occur as provided in Part II of the Appendix.

  • This was reportedly caused by problems with e-mail communication when e-mails from WARD did not reach UNDEF.

  • In respect of a Cancellation Unwind Event, the Auction Agent shall round downwards the amount of Credit Support Assets (if any) to be sold where the denomination of the Credit Support Assets does not allow for a sale of such assets in the applicable Cancellation Proportion and if the Credit Support Assets are comprised of different types of Credit Support Assets, each such type shall be realised pro rata.

  • Each holder of a Swapped Note shall be responsible for calculating its own Swap Breakage Amount in Dollars in connection with any Swap Unwind Event, and such calculations shall within a reasonable period of time thereafter be reported to the Company in writing and in reasonable detail (the “Swap Breakage Amount Notice”) and shall be binding on the Company absent demonstrable error.

  • Skip contends that the provision requires the BJG Trust to add funds to the maintenance fund if the liquid assets of the CLG Trust’s Continuing Trust are insufficient to fund the maintenance fund at the threshold level of $820,000 adjusted for inflation.

  • More than one Unwind Event may occur at any time, each with its own consequences (without duplication) as set out below.

  • Subject to paragraph (ii) below, on the earlier to occur of the Scheduled Maturity Date and the third Business Day after an Autocall Determination Date in respect of which an Autocall Unwind Event has occurred, the balance of the Notional Collection Account on such date (once, among others matters, cash has been notionally transferred between the Notional Collection Account and the Notional Trading Account such that the balance of the Notional Trading Account is equal to zero) shall be determined.

  • On the earlier to occur of (a) designation of an Early Termination Date in respect of the Performance Charged Agreement and (b) an Autocall Determination Date in respect of which an Autocall Unwind Event has occurred, an amount equal to the absolute value of the PV of Future Payments (if any) as of the Early Termination Date or, as applicable, the relevant Autocall Determination Date shall be deemed to have been notionally paid out of the relevant Notional Account.


More Definitions of Unwind Event

Unwind Event shall have the meaning set forth in Section 9.5 of this Agreement.
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Unwind Event means the existence of a difference between the terms and conditions of the Notes as set out in the Final Term Sheet relating to the Notes dated 18 February 2013 (the “Term Sheet”) and the Conditions of the Notes as set out in the Series Documents relating to the issue of the Notes, as determined by the Noteholders for as long as 100 per cent. of the Outstanding Principal Amount of the Notes are held by the Initial Purchaser; provided, however, that such difference relates to material terms and conditions of the Notes, as determined by the Noteholders for as long as 100 per cent. of the Outstanding Principal Amount of the Notes are held by the Initial Purchaser and provided, further, that the existence of such a difference will give rise to an Unwind Event only and only if the Noteholders together holding 100% of the Outstanding Principal Amount of the Notes have first requested the Arranger to effect an amendment to the Conditions of the Notes pursuant to the Arranger Covenant contained in the Term Sheet and the Arranger has failed to effect such amendment within one month of the Noteholders’ request for amendment; and finally, provided that, such failure is not due to any of the Issuer, Trustee, Custodian, Principal Paying Agent or any Noteholder not signing any document or performing any other act or not doing so in sufficient time to allow for such amendment to be effected in a timely manner.
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Unwind Event means an event that occurs prior to Closing that permits Xxxxxxxx to terminate this Agreement in accordance with Article 7.
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Unwind Event means, in respect of any Permitted Securitization, any action, default, event or circumstance as a result of which the immediate or ultimate purchaser or financier of Permitted Receivables thereunder may (whether immediately, or after the giving of any notice or passage of time or both) cause the cessation of further sales or transfers of Permitted Receivables pursuant thereto.
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Unwind Event means the payment by Xxxxxxx X. Xxxxxxxx of any amounts under Article 5 of the Membership Interest Purchase and Sale Agreement, dated December 1, 2006, by and among Buckingham, Paladin and the Company for Guaranteed Obligations (as defined therein) in excess of Five Hundred Thousand and No/100 Dollars ($500,000.00).
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Related to Unwind Event

  • Specified Event has the meaning given to such term in the definition of “Consolidated EBITDA.”

  • Unwind Period For any Cash Settlement or Net Share Settlement with respect to any Settlement of any Transaction, the period starting on the First Unwind Date for such Settlement and ending on the Valuation Date for such Settlement.

  • FX Disruption Event ' means the occurrence of any event on any day or any number of consecutive days as determined by the Calculation Agent in its sole and reasonable discretion that affects the Issuer’s currency hedging (if any) with respect to the Products.

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Designated Event with respect to X means that:—

  • Settlement Disruption Event means each of the following events, as determined by the Calculation Agent in its sole discretion acting in good faith and in a commercially reasonable manner:

  • Termination Transaction has the meaning set forth in Section 11.2.B hereof.

  • Severe Disruption Event means any event specified as such in the Final Terms.

  • Major Transaction means and shall be deemed to have occurred at such time upon any of the following events:

  • Put Event means the occurrence of any of the following:

  • Fund Disruption Event means any of the following events, as determined by the Determination Agent in its reasonable discretion:

  • Put Option Event means a Change of Control Event.

  • Excluded Events has the meaning set forth in Section 6.1(d)(ii).

  • Unwind Costs means an amount determined by the Calculation Agent equal to the sum of (without duplication) all costs, fees, charges, expenses (including loss of funding), tax and duties incurred by the Issuer and/or any of its Affiliates in connection with the redemption of the Credit- Linked Notes and the related termination, settlement or re- establishment of any hedge or related trading position.

  • Book-Up Event means an event that triggers a positive adjustment to the Capital Accounts of the Partners pursuant to Section 5.5(d).

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Hedging Disruption Event means any event which, in the Issuer’s reasonable opinion, would make it illegal or commercially unfeasible for the Issuer to continue to hedge its obligations in relation to the Bond.

  • Required Transaction means any transaction involving a Swap that is subject to the trade execution requirement of Section 2(h)(8) of the Act.

  • Book-Down Event means an event that triggers a negative adjustment to the Capital Accounts of the Partners pursuant to Section 5.5(d).

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Revolving Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • Acquisition Event means a merger or consolidation in which the Company is not the surviving entity, any transaction that results in the acquisition of all or substantially all of the Company’s outstanding Common Stock by a single person or entity or by a group of persons and/or entities acting in concert, or the sale or transfer of all or substantially all of the Company’s assets.

  • Disruption Event means either or both of:

  • Specified Event of Default means any Event of Default pursuant to Section 9.01(a), Section 9.01(f) or Section 9.01(g).

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Excluded Transaction means any transaction in which assets are transferred to: (A) a shareholder of the Company (determined immediately before the asset transfer) in exchange for or with respect to its stock; (B) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company (determined after the asset transfer); (C) a Person, or more than one Person Acting as a Group, that owns, directly or indirectly, fifty percent (50%) or more of the total value or voting power of all the outstanding stock of the Company (determined after the asset transfer); or (D) an entity at least fifty percent (50%) of the total value or voting power of which is owned, directly or indirectly, by a Person described in clause (C) (determined after the asset transfer).