Common use of Right to Terminate Following Termination Event Clause in Contracts

Right to Terminate Following Termination Event. (i) Notice If a Termination Event occurs, an Affected Party will, promptly upon becoming aware of it, notify the other party, specifying the nature of that Termination Event and each Affected Transaction and will also give such other information about that Termination Event as the other party may reasonably require.

Appears in 1 contract

Sources: Isda Master Agreement (Affiliate Investment, Inc.)

Right to Terminate Following Termination Event. (i) Notice Notice, If a Termination Event occurs, an Affected Party will, promptly upon becoming aware of it, notify the other party, specifying the nature of that Termination Event and each Affected Transaction and will also give such other information about that Termination Event as the other party may reasonably require.

Appears in 1 contract

Sources: Isda Master Agreement (Ikon Receivables LLC)