Regulatorily Continuing definition

Regulatorily Continuing means, with respect to a Transaction, that if a Product is represented by a Party as complying with the requirements of an Applicable Program and Regulatorily Continuing, such compliance will be as of both the Delivery Date and the Trade Date, and Seller will do what is necessary to cause the Product that is delivered to comply with such requirements, including delivering substitute Product acceptable to Buyer if appropriate.
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Regulatorily Continuing means, with respect to a Transaction, the Product shall comply with the requirements of the Applicable Program, as of each Delivery Date, and Seller will do what is necessary to cause the Product that is Delivered to comply with such requirements; except as otherwise provided in Section 11.1.
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Regulatorily Continuing means, with respect to the Transaction, the Product shall comply with the requirements of the Applicable Program, as of each Delivery Date, and Seller will do what is necessary to cause the Product that is Delivered to comply with such requirements; except as otherwise provided in Section11.1.
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Examples of Regulatorily Continuing in a sentence

  • Without limiting the generality of the foregoing, except with respect to the Product stated to be Regulatorily Continuing, and in that case only to the extent set forth herein, neither Party makes any representation or warranty hereunder with respect to any future action or failure to act or approval or failure to approve by any Governmental Authority.

  • Government Action that changes in any respect the value of a Product (without rendering the Product out of compliance with the Applicable Program if Regulatorily Continuing), will have no effect on the obligation of the Parties to purchase and sell such Product at the price and on the terms set forth in this Agreement.


More Definitions of Regulatorily Continuing

Regulatorily Continuing means the transaction complies with AB32, as amended from time to time, as of the Effective Date and the Delivery Date.
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Regulatorily Continuing means that if a REC is represented by Party A as complying with the requirements of an Applicable Program and Regulatorily Continuing, such compliance will be as of both the date of execution of this PPA and the date of TransferDelivery, and Party A will do what is necessary to cause the REC that is deliveredDelivered to comply with such requirements.
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Regulatorily Continuing means, with respect to a Transaction, the Product shall comply with the requirements of the Applicable Program, as of each Delivery Date, and Seller will do what is 12 For purposes of Section 2.6(g), the REC Purchase Payment Amount shall equal (a) x (b) + (c) x (d) + (e) x (f) + (g) x
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Regulatorily Continuing means, with respect to a Transaction, the Product shall 9 For purposes of Section 2.6(g), the REC Purchase Payment Amount shall equal (a) x (b) + (c) x (d) + (e) x (f) + (g) x (h) + (i) x (j) where (a) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) at Energization, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 3/12 (or 4/12 as applicable), which result shall be rounded down to the nearest whole REC; where (b) equals the Contract Price at Energization; where (c) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) calculated based on information in the first Community Solar Quarterly Report, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 3/12, which result shall be rounded down to the nearest whole REC; and where (d) equals the Contract Price calculated using information in the first Community Solar Quarterly Report; where (e) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) calculated based on information in the second Community Solar Quarterly Report, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 3/12, which result shall be rounded down to the nearest whole REC; where (f) equals the Contract Price calculated using information in the second Community Solar Quarterly Report; where (g) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) calculated based on information in the third Community Solar Quarterly Report, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 3/12, which result shall be rounded down to the nearest whole REC; where (h) equals the Contract Price calculated using information in the third Community Solar Quarterly Report; where (i) equals the multiplicative product of (i) Contract Nameplate Capacity (in MW) calculated based on information in the fourth Community Solar Quarterly Report, (ii) Contract Capacity Factor, (iii) 8,760 hours, (iv) 14 years (or 167/12 as applicable), which result shall be rounded down to the nearest whole REC; and where (j) equals the Contract Price calculated using information in the fourth Community Solar Quarterly Report. Notwithstanding the calculation set forth in the preceding sentence, if there is no change with respect to the values for Contract Nameplate Capacity, Contract Capacity Factor and Contract Price observed for a given period and the values observed for the immediately subsequent period, then there shall be no update to the REC Purchase Payment Amount. For avoidan...
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Related to Regulatorily Continuing

  • Regulatory Event means, following the occurrence of a Change in Law (as defined below) with respect to the Issuer and/or Société Générale as Guarantor or in any other capacity (including without limitation as hedging counterparty of the Issuer, market maker of the Certificates or direct or indirect shareholder or sponsor of the Issuer) or any of its affiliates involved in the issuer of the Certificates (hereafter the “Relevant Affiliates” and each of the Issuer, Société Générale and the Relevant Affiliates, a “Relevant Entity”) that, after the Certificates have been issued, (i) any Relevant Entity would incur a materially increased (as compared with circumstances existing prior to such event) amount of tax, duty, liability, penalty, expense, fee, cost or regulatory capital charge however defined or collateral requirements for performing its obligations under the Certificates or hedging the Issuer’s obligations under the Certificates, including, without limitation, due to clearing requirements of, or the absence of, clearing of the transactions entered into in connection with the issue of, or hedging the Issuer’s obligation under, the Certificates, (ii) it is or will become for any Relevant Entity impracticable, impossible (in each case, after using commercially reasonable efforts), unlawful, illegal or otherwise prohibited or contrary, in whole or in part, under any law, regulation, rule, judgement, order or directive of any governmental, administrative or judicial authority, or power, applicable to such Relevant Entity (a) to hold, acquire, issue, reissue, substitute, maintain, settle, or as the case may be, guarantee, the Certificates, (b) to acquire, hold, sponsor or dispose of any asset(s) (or any interest thereof) of any other transaction(s) such Relevant Entity may use in connection with the issue of the Certificates or to hedge the Issuer’s obligations under the Certificates,(c) to perform obligations in connection with, the Certificates or any contractual arrangement entered into between the Issuer and Société Générale or any Relevant Affiliate (including without limitation to hedge the Issuer’s obligations under the Certificates) or (d) to hold, acquire, maintain, increase, substitute or redeem all or a substantial part of its direct or indirect shareholding in the Issuer’s capital or the capital of any Relevant Affiliate or to directly or indirectly sponsor the Issuer or any Relevant Affiliate, or (iii) there is or may be a material adverse effect on a Relevant Entity in connection with the issue of the Certificates.

  • Required Ratings [Ratings] Closing Date, Location and Time: ___________ ___, 20___; offices of Cadwalader, Wickersham & Taft, LLP, New Xxxx, Xxx Yorx; 00:00 a.m. New York City time. Purchase Price for the Offered Certificates: Class Percent of Initial Aggregate ----- Principal Balance ------------------------------ Class A % Classes B-1, B-2 and B-3 % In eaxx xxxx, as offered and sold pursuant to this Terms Agreement, plus accrued interest, if applicable, thereon. Notwithstanding any other provision of the above-referenced Underwriting Agreement, all references to the Registration Statement in the Underwriting Agreement shall be with reference to File No. _________. Subject to the terms and conditions and in reliance upon the representations and warranties set forth in the above-referenced Underwriting Agreement (which is incorporated herein in its entirety and made a part hereof) as supplemented by this Terms Agreement, the Seller agrees to sell to the Underwriter, and the Underwriter agrees to purchase from the Seller, the Offered Certificates. The Underwriter has been retained solely to act as underwriter in connection with the sale of the Offered Certificates to investors (including the establishment of the price of the Offered Certificates to investors), and no fiduciary, advisory or agency relationship between Seller and the Underwriter has been created in respect of any of the transactions contemplated by this Terms Agreement, irrespective of whether the Underwriter has advised or is advising Seller on other matters. * * * If the foregoing is in accordance with your understanding of our agreement, please sign and return to the undersigned a counterpart hereof, whereupon this letter and your acceptance shall represent a binding agreement by and among the Seller, Wells Fargo Bank, N.A. and the Underwriter. Very truly yours, WELLS FARGO ASSET SECURITIES XORPORATION By: -------------------------------------- Name: Title: WELLS FARGO BANK, N.A. By: -------------------------------------- Name: Title: The foregoing Terms Agreement is hereby confirmed and accepted as of the date first above written. COUNTRYWIDE SECURITIES CORPORATION By: ----------------------------------- Name: Title: SUPPLEMENTAL INFORMATION With respect to any investor, "Supplemental Information" means any of the following types of information, to the extent omitted from the Issuer Free Writing Prospectus:

  • Required Rating means, in the case of Moody's, the rating assigned to the Underlying Securities by Moody's as of the Closing Date, and, in the case of S&P, the rating assigned to the Underlying Securities by S&P as of the Closing Date.

  • Downgrade Event means, unless otherwise specified on the Cover Sheet, for a Party means that Party’s Credit Rating falls below BBB- from S&P or Baa3 from Moody’s or becomes no longer rated by either S&P or Moody’s.