Examples of Affected Transactions in a sentence
Affected Transactions The relevant Transactions affected by a Termination Event.
If a Tax Event Upon Merger happens, only the Burdened Party can termi- nate the Affected Transactions and both it and the non-Affected Party must try to find a means to transfer them to a third party or another Office so that this Termination Event disappears.
It is assumed that where an Additional Termination Event arises, all Transactions will be Affected Transactions and the non-Affected Party will be entitled to terminate them.
Under Section 5(b)(iv) and usually under Section 5(b)(v), the Affected Transactions comprise all Transactions because the Termination Event taints the whole contractual relationship and all Transactions need to be terminated.
Again, only Affected Transactions are terminated because the trad- ing relationship is fundamentally altered.