Switchover Date definition
Examples of Switchover Date in a sentence
After the S&P CDO Monitor Switchover Date, the Collateral Manager may not elect to use the S&P CDO Monitor in determining compliance with the S&P CDO Monitor Test.
The Parties shall meet promptly thereafter to finalize a mutually agreed transition plan and Switchover Date.
If Receivables Purchaser elects not to require Bank to transfer the Loan Accounts to a Successor, or if a Successor previously identified as provided herein is unable to acquire the Loan Accounts by the Switchover Date, Receivables Purchase acknowledges and agrees that Bank may close any open Loan Accounts as soon as permitted under Applicable Law.
Bank and Program Manager shall meet promptly thereafter to finalize a mutually agreed transition plan and Switchover Date.
On or prior to the Effective Date, the Collateral Manager shall elect the Weighted Average S&P Recovery Rate that shall apply on and after the Effective Date but prior to the S&P CDO Monitor Switchover Date to the Collateral Obligations for purposes of determining compliance with the Minimum Weighted Average S&P Recovery Rate Test, and the Collateral Manager will so notify the Trustee, the Collateral Agent, the Loan Agent and the Collateral Administrator.
On or prior to the Effective Date, the Collateral Manager shall elect the Weighted Average S&P Recovery Rate that shall apply on and after the Effective Date but prior to the S&P CDO Monitor Switchover Date to the Collateral Obligations for purposes of determining compliance with the Minimum Weighted Average S&P Recovery Rate Test, and the Collateral Manager will so notify the Collateral Trustee, the Loan Agent and the Collateral Administrator.
Upon later of any termination of this Amended Program Manager Agreement, Switchover Date or any Wind Down Period, the Parties will retain any rights or remedies available to such party under this Amended Program Manager Agreement or in law or at equity.
In these Terms and Conditions unless the context otherwise requires: The minimum annual sum of money that will be spent by the Customer on Call and Line Charges commencing on the Switchover Date or any anniversary thereafter during the term of the Contract any customer Microcare makes this Contract with in respect of with where the Service is to be provided to a place of business for business purposes.
The services of the contractor personnel listed in Schedule 2.8 other than the Grand Rapids Personnel (the "Canadian Personnel") will not be terminated by the Seller prior to the Closing Date unless Buyer notifies Seller prior to the Switchover Date that it does not desire the services of the Canadian Personnel after the Closing Date.
The parties hereto acknowledge that claims arising out of an occurrence or event which occurred prior to the Insurance Switchover Date may be filed by ▇▇▇▇▇▇▇▇▇ against "occurrence-based" insurance policies of IHC following the date hereof, in accordance with the terms of such policies.