Termination Amounts. If an Early Termination Date is designated at a time when Party A is (A) the Affected Party in respect of an Additional Termination Event or a Tax Event Upon Merger or (B) the Defaulting Party in respect of any Event of Default, paragraphs (i) to (vi) below will apply: (i) The definition of “Market Quotation” will be deleted in its entirety and replaced with the following:
Appears in 5 contracts
Sources: Basis Rate Swap Agreement, Isda Master Agreement, Basis Rate Swap Agreement (Fixed and Tracker)
Termination Amounts. If Notwithstanding Section 6 of this Agreement, if an Early Termination Date is designated at a time when Party A Santander is (A) the Affected Party in respect of an Additional Termination Event or a Tax Event Upon Merger or (B) the Defaulting Party in respect of any Event of Default, paragraphs (i) to (vi) below will shall apply:
(i) The definition of “"Market Quotation” will " shall be deleted in its entirety and replaced with the following:
Appears in 1 contract
Sources: 1992 Isda Master Agreement (Multicurrency – Cross Border)