Common use of Special Resolution Regimes Clause in Contracts

Special Resolution Regimes. In the event that any Initial Purchaser that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Initial Purchaser of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States.

Special Resolution Regimes. In the event that any Initial Purchaser Dealer that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Initial Purchaser Dealer of this Agreement or any relevant Subscription Agreement, and any interest and obligation in or under this Agreement or any relevant Subscription Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement or such relevant Subscription Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States.

Special Resolution Regimes. In the event that any Initial Purchaser Lender that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Initial Purchaser Lender of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States of America or a state of the United StatesStates of America.

Special Resolution Regimes. In the event that any Initial Purchaser that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Initial Purchaser of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States.

Special Resolution Regimes. In the event that any Initial Purchaser that is a Covered Entity Buyer becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Initial Purchaser Buyer of this AgreementAgreement and/or the Repurchase Documents, and any interest and obligation in or under this AgreementAgreement and/or the Repurchase Documents, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this AgreementAgreement and/or the Repurchase Documents, and any such interest and obligation, were governed by the laws of the United States or a state of the United States.

Special Resolution Regimes. In the event that any Initial Purchaser that is a Covered Entity Buyer becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Initial Purchaser Buyer of this AgreementAgreement and/or the Facility Documents, and any interest and obligation in or under this AgreementAgreement and/or the Facility Documents, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this AgreementAgreement and/or the Facility Documents, and any such interest and obligation, were governed by the laws of the United States or a state of the United States.

Special Resolution Regimes. In the event that any Initial Reselling Purchaser that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution RegimeRegime (as defined below), the transfer from such Initial Reselling Purchaser of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States.

Special Resolution Regimes. In the event that any the Initial Purchaser that is a Covered Entity and becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such the Initial Purchaser of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States.