Pooling and Settlement Agreement Sample Clauses

Pooling and Settlement Agreement. (a) Any notice requiring the Target to cease to be a party to the Pooling and Settlement Agreement is given to the Target under the Pooling and Settlement Agreement. (b) The Target ceases to be a party to the Pooling and Settlement Agreement. 20.18
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Pooling and Settlement Agreement. Any notice requiring the Borrower to cease to be a party to the Pooling and Settlement Agreement is given to the Borrower under clause 66.1.3 or 66.2.2 of the Pooling and Settlement Agreement, or the Borrower otherwise ceases to be a party to that agreement and the same has a Material Adverse Effect, unless the Borrower or any of its Subsidiaries enters into arrangements which replace the Pooling and Settlement Agreement for electricity trading and settlement within the electricity industry and those replacement arrangements do not have a Material Adverse Effect.
Pooling and Settlement Agreement. REC or any other member of the Group ceases to be a party to the Pooling and Settlement Agreement, or any notice requiring REC or any other member of the Group to cease to be a party to the Pooling and Settlement Agreement is given to such company under the relevant clauses of the Pooling and Settlement Agreement, except where another member of the Group becomes a party to that agreement in its place or such cesser occurs or such notice is given in the context of a general disbandment of the Pooling and Settlement Agreement; or
Pooling and Settlement Agreement. For the avoidance of doubt, nothing in this Appendix shall affect the rights and obligations of those Parties also party to the Pooling and Settlement Agreement under Clause 60 and Schedule 21 thereto with regard to Metering Equipment and Metering Systems insofar as such provisions relate to Reactive Energy.
Pooling and Settlement Agreement any notice requiring Target to cease to be a party to the Pooling and Settlement Agreement is given to Target or any member of the Bidco Group under Clauses 60.1.3 or 60.2.2 of the Pooling and Settlement Agreement or Target or any member of the Bidco Group otherwise ceases to be a party to the Pooling and Settlement Agreement save where another member of the Bidco Group becomes a party in its place; or
Pooling and Settlement Agreement. Any notice declaring an Event of Default (as defined in the Pooling and Settlement Agreement) is given to any member of the Group under Clauses 66.1.1 or 66.2.1 of the Pooling and Settlement Agreement (or any corresponding clauses in any agreement amending or replacing the Pooling and Settlement Agreement).
Pooling and Settlement Agreement. Any notice requiring EE to cease to be a party to the Pooling and Settlement Agreement is given to EE or any member of the PA Group under Clause 66.1.3 or 66.2.2 of the Pooling and Settlement Agreement or EE or any member of the PA Group otherwise ceases to be a party to the Pooling and Settlement Agreement save where another member of the PA Group becomes a party in its place; or
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Pooling and Settlement Agreement. (a) Any notice requiring a Licenceholder to cease to be a party to the Pooling and Settlement Agreement is given to a Licenceholder under the Pooling and Settlement Agreement. (b) London Electricity or any other Licenceholder which subsequently becomes a party to the Pooling and Settlement Agreement ceases to be a party to the Pooling and Settlement Agreement, except as the result of the transfer of the Licence to another member of the Group which becomes a party to the Pooling and Settlement Agreement. 18.18
Pooling and Settlement Agreement. Any notice requiring the Company to cease to be a party to the Pooling and Settlement Agreement is given to the Company under clause 66.1.3 or 66.2.2 of the Pooling and Settlement Agreement, or the Company otherwise ceases to be a party to that agreement and the same has a material adverse effect on the Borrower's ability to comply with its payment obligations under this Agreement or its ability to comply with Clause 16.17 (Financial covenants).

Related to Pooling and Settlement Agreement

  • Pooling and Servicing Agreement (1) Capitalized terms used in this Agreement that are not defined herein and are defined in the Pooling and Servicing Agreement shall have the respective meanings assigned to them in the Pooling and Servicing Agreement.

  • Amendment of the Pooling and Servicing Agreement The Pooling and Servicing Agreement is hereby amended to provide that all references therein to the “Pooling and Servicing Agreement,” to “this Agreement” and to “herein” shall be deemed from and after the Removal Date to be a dual reference to the Pooling and Servicing Agreement as supplemented by this Reassignment. Except as expressly amended hereby, all of the representations, warranties, terms, covenants and conditions of the Pooling and Servicing Agreement shall remain unamended and shall continue to be, and shall remain, in full force and effect in accordance with its terms and except as expressly provided herein shall not constitute or be deemed to constitute a waiver of compliance with or a consent to non-compliance with any term or provision of the Pooling and Servicing Agreement.

  • Amendments of Sale and Servicing Agreement and Trust Agreement The Issuer shall not agree to any amendment to Section 9.01 of the Sale and Servicing Agreement or Section 11.01 of the Trust Agreement to eliminate the requirements thereunder that the Indenture Trustee or the Noteholders consent to amendments thereto as provided therein.

  • Transfer and Servicing Agreement The Third Amended and Restated Transfer and Servicing Agreement, dated as of December 19, 2007, among the Bank, as Transferor, Servicer and Administrator, Chase Issuance Trust, as Issuing Entity, and Xxxxx Fargo Bank, National Association, as Indenture Trustee and Collateral Agent, as amended.

  • Pooling Agreement The Pooling Agreement, dated as of the Closing Date, between the Seller and the Depositor, as amended, supplemented or modified from time to time.

  • Sale and Servicing Agreement As a condition to the sale hereunder, World Omni agrees to make the representations and warranties to WOAR in respect of the Receivables and the pool of Receivables set forth in Sections 3.01(a) and (b) of the Sale and Servicing Agreement, and in that connection agrees to execute the Sale and Servicing Agreement. World Omni agrees that WOAR may rely on such representations and warranties in accepting the Receivables.

  • Due-on-Sale Clauses; Assumption and Substitution Agreements When a Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Note; provided, however, that the Servicer shall not exercise any such right if (i) the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law or (ii) the Servicer reasonably believes that to permit an assumption of the Mortgage Loan would not materially and adversely affect the interest of the Owners or of the Certificate Insurer. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such Person becomes liable under the Note and, unless prohibited by applicable law or the related Mortgage Loan documents, the Mortgagor remains liable thereon. If the foregoing is not permitted under applicable law, the Servicer is authorized to enter into a substitution of liability agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as Mortgagor and becomes liable under the Note; provided, however, that to the extent any such substitution of liability agreement would be delivered by the Servicer outside of its usual procedures for mortgage loans held in its own portfolio the Servicer shall, prior to executing and delivering such agreement, obtain the prior written consent of the Certificate Insurer. The Mortgage Loan, as assumed, shall conform in all respects to the requirements, representations and warranties of this Agreement. The Servicer shall notify the Trustee that any such assumption or substitution agreement has been completed by forwarding to the Trustee the original copy of such assumption or substitution agreement, which copy shall be added by the Trustee to the related File and which shall, for all purposes, be considered a part of such File to the same extent as all other documents and instruments constituting a part thereof. The Servicer shall be responsible for recording any such assumption or substitution agreements. In connection with any such assumption or substitution agreement, the required monthly payment on the related Mortgage Loan shall not be changed but shall remain as in effect immediately prior to the assumption or substitution, the stated maturity or outstanding principal amount of such Mortgage Loan shall not be changed nor shall any required monthly payments of principal or interest be deferred or forgiven. Any fee collected by the Servicer or the Sub-Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional servicing compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

  • Due-on-Sale Clauses; Assumption Agreements To the extent provided in the applicable Servicing Agreement, to the extent Mortgage Loans contain enforceable due-on-sale clauses, the Master Servicer shall cause the Servicers to enforce such clauses in accordance with the applicable Servicing Agreement. If applicable law prohibits the enforcement of a due-on-sale clause or such clause is otherwise not enforced in accordance with the applicable Servicing Agreement, and, as a consequence, a Mortgage Loan is assumed, the original Mortgagor may be released from liability in accordance with the applicable Servicing Agreement.

  • Authority to Execute Underwriting and Intersyndicate Agreements You authorize the Manager, on your behalf: (a) to determine the form of the Underwriting Agreement and to execute and deliver to the Issuer, Guarantor, or Seller the Underwriting Agreement to purchase: (i) up to the number, amount, or percentage of Firm Securities set forth in the applicable AAU, and (ii) if the Manager elects on behalf of the several Underwriters to exercise any option to purchase Additional Securities, up to the number, amount, or percentage of Additional Securities set forth in the applicable AAU, subject, in each case, to reduction pursuant to Article IV; and (b) to determine the form of any agreement or agreements, including, but not limited to, underwriting agreements, between or among the syndicates participating in the Offering or International Offering, respectively (each, an “Intersyndicate Agreement”), and to execute and deliver any such Intersyndicate Agreement.

  • Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments (a) When any Mortgaged Property is conveyed by the Mortgagor, the Master Servicer or Subservicer, to the extent it has knowledge of such conveyance, shall enforce any due-on-sale clause contained in any Mortgage Note or Mortgage, to the extent permitted under applicable law and governmental regulations, but only to the extent that such enforcement will not adversely affect or jeopardize coverage under any Required Insurance Policy. Notwithstanding the foregoing:

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