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agreement, writ, decree or order entered into with a party's supervisory authorities; and (b) at all times during the term of this Agreement, it will continuously include and maintain aș part of its official written books and records this Agreement, the netting agreements and evidence of all necesary authorisations](1). [2.5.] [2.6.] This Agreement is supplemental to the netting agreements entered into between the parties prior to the date of this Agreement, and all further netting agreements and
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all times during the term of this Agreement, it will continuously include and maintain aș part of its official written books and records this Agreement, the netting agreements and evidence of all necesary authorisations](1). [2.5.] [2.6.] This Agreement is supplemental to the netting agreements entered into between the parties prior to the date of this Agreement, and all further netting agreements and transactions entered into between the Parties after the date of this Agreement shall be supplemental to
jrc4625as2000 by Guvernul României () [Corola-website/Law/89791_a_90578]
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official written books and records this Agreement, the netting agreements and evidence of all necesary authorisations](1). [2.5.] [2.6.] This Agreement is supplemental to the netting agreements entered into between the parties prior to the date of this Agreement, and all further netting agreements and transactions entered into between the Parties after the date of this Agreement shall be supplemental to this Agreement. 3. Base currency The base currency for the purposes of this Agreement shall be the UȘ
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5.] [2.6.] This Agreement is supplemental to the netting agreements entered into between the parties prior to the date of this Agreement, and all further netting agreements and transactions entered into between the Parties after the date of this Agreement shall be supplemental to this Agreement. 3. Base currency The base currency for the purposes of this Agreement shall be the UȘ dollar or, at the ECB's option, any other currency. Wherever it is necessary în accordance with the
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supplemental to the netting agreements entered into between the parties prior to the date of this Agreement, and all further netting agreements and transactions entered into between the Parties after the date of this Agreement shall be supplemental to this Agreement. 3. Base currency The base currency for the purposes of this Agreement shall be the UȘ dollar or, at the ECB's option, any other currency. Wherever it is necessary în accordance with the terms of this Agreement to convert
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the date of this Agreement, and all further netting agreements and transactions entered into between the Parties after the date of this Agreement shall be supplemental to this Agreement. 3. Base currency The base currency for the purposes of this Agreement shall be the UȘ dollar or, at the ECB's option, any other currency. Wherever it is necessary în accordance with the terms of this Agreement to convert amounts into the base currency, such amounts shall be converted at the
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to this Agreement. 3. Base currency The base currency for the purposes of this Agreement shall be the UȘ dollar or, at the ECB's option, any other currency. Wherever it is necessary în accordance with the terms of this Agreement to convert amounts into the base currency, such amounts shall be converted at the daily reference rate published by the ECB for the currency to be converted into the base currency or, în the absence of such reference rate, at
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of exchange at which the ECB can buy or sell, aș appropriate, such amounts with or against the base currency on such day, all aș determined by the ECB. 4. Cross acceleration Should any default termination occur under any netting agreement (including under Appendix 2 to this Agreement), then the ECB shall have the right to declare, by written notice to the Counterparty, that a default termination hâș occurred under each other netting agreement în respect of which default termination hâș
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buy or sell, aș appropriate, such amounts with or against the base currency on such day, all aș determined by the ECB. 4. Cross acceleration Should any default termination occur under any netting agreement (including under Appendix 2 to this Agreement), then the ECB shall have the right to declare, by written notice to the Counterparty, that a default termination hâș occurred under each other netting agreement în respect of which default termination hâș not occured în accordance with the provisions
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any default termination occur under any netting agreement (including under Appendix 2 to this Agreement), then the ECB shall have the right to declare, by written notice to the Counterparty, that a default termination hâș occurred under each other netting agreement în respect of which default termination hâș not occured în accordance with the provisions thereof. 5. Global netting 5.1. Should a default termination occur, the ECB shall, aș soon aș is reasonably practicable, take an account of what is
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accordance with the provisions thereof. 5. Global netting 5.1. Should a default termination occur, the ECB shall, aș soon aș is reasonably practicable, take an account of what is due from each party to the other under each netting agreement (including under Appendix 2 of this Agreement) în respect of which default termination hâș occurred and aggregate the sums due from each party to the other under such netting agreements (including under Appendix 2 to this Agreement), în every case
jrc4625as2000 by Guvernul României () [Corola-website/Law/89791_a_90578]
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netting 5.1. Should a default termination occur, the ECB shall, aș soon aș is reasonably practicable, take an account of what is due from each party to the other under each netting agreement (including under Appendix 2 of this Agreement) în respect of which default termination hâș occurred and aggregate the sums due from each party to the other under such netting agreements (including under Appendix 2 to this Agreement), în every case în or converted into the base currency
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under each netting agreement (including under Appendix 2 of this Agreement) în respect of which default termination hâș occurred and aggregate the sums due from each party to the other under such netting agreements (including under Appendix 2 to this Agreement), în every case în or converted into the base currency, and only the net balance of the account shall be payable by the party owing the larger aggregate sum. 5.2. Clause 5.1 shall continue to operate to the
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of the account shall be payable by the party owing the larger aggregate sum. 5.2. Clause 5.1 shall continue to operate to the extent possible notwithstanding the unenforceability under applicable law of any provisions contained în any netting agreement (including under Appendix 2 to this Agreement). 6. Notices and other communications All notices, instructions and other communications to be given under this Agreement shall be effective only upon receipt and shall be made în writing (including by electronic means
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the party owing the larger aggregate sum. 5.2. Clause 5.1 shall continue to operate to the extent possible notwithstanding the unenforceability under applicable law of any provisions contained în any netting agreement (including under Appendix 2 to this Agreement). 6. Notices and other communications All notices, instructions and other communications to be given under this Agreement shall be effective only upon receipt and shall be made în writing (including by electronic means). 7. Severability Each provision contained herein (including
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the extent possible notwithstanding the unenforceability under applicable law of any provisions contained în any netting agreement (including under Appendix 2 to this Agreement). 6. Notices and other communications All notices, instructions and other communications to be given under this Agreement shall be effective only upon receipt and shall be made în writing (including by electronic means). 7. Severability Each provision contained herein (including, without limitation, Appendix 2 to this Agreement) shall be treated aș separate from any other provision herein
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notices, instructions and other communications to be given under this Agreement shall be effective only upon receipt and shall be made în writing (including by electronic means). 7. Severability Each provision contained herein (including, without limitation, Appendix 2 to this Agreement) shall be treated aș separate from any other provision herein and shall be enforceable notwithstanding the unenforceability of any such other provision. 8. Non-assignability The rights and obligations of the Counterparty under this Agreement may not be assigned, charged, pledged
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without limitation, Appendix 2 to this Agreement) shall be treated aș separate from any other provision herein and shall be enforceable notwithstanding the unenforceability of any such other provision. 8. Non-assignability The rights and obligations of the Counterparty under this Agreement may not be assigned, charged, pledged or otherwise transferred or dealt with by the Counterparty. 9. Governing law and jurisdiction 9.1. This Agreement shall be governed by and construed în accordance with the laws of the State of New York
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of any such other provision. 8. Non-assignability The rights and obligations of the Counterparty under this Agreement may not be assigned, charged, pledged or otherwise transferred or dealt with by the Counterparty. 9. Governing law and jurisdiction 9.1. This Agreement shall be governed by and construed în accordance with the laws of the State of New York, United States of America. 9.2. For the benefit of the ECB, the Counterparty hereby irrevocably submits for all purposes of or în connection
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governed by and construed în accordance with the laws of the State of New York, United States of America. 9.2. For the benefit of the ECB, the Counterparty hereby irrevocably submits for all purposes of or în connection with this Agreement to the jurisdiction of the District Court (Landgericht) of Frankfurt am Main, Germany. Nothing în this clause 9 shall limit the right of the ECB to take proceedings before the courts of any other country of competent jurisdiction. European Central
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9 shall limit the right of the ECB to take proceedings before the courts of any other country of competent jurisdiction. European Central Bank [Name of Counterparty](2) By By Title Title [Address for the service of notices under this Agreement] Date Date Appendix 1 Netting agreements 1. ISDA Master Agreement (Multicurrency-Cross Border 1992) 2. The Bond Market Association Master Repurchase Agreement 3. PSA-ISMA Global Master Repurchase Agreement 4. Convention-cadre AFB relative aux opérations de marché à terme 5. Convention-cadre AFB
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proceedings before the courts of any other country of competent jurisdiction. European Central Bank [Name of Counterparty](2) By By Title Title [Address for the service of notices under this Agreement] Date Date Appendix 1 Netting agreements 1. ISDA Master Agreement (Multicurrency-Cross Border 1992) 2. The Bond Market Association Master Repurchase Agreement 3. PSA-ISMA Global Master Repurchase Agreement 4. Convention-cadre AFB relative aux opérations de marché à terme 5. Convention-cadre AFB relative aux opérations de pension livrée 6. Rahmenvertrag für Finanztermingeschäfte
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European Central Bank [Name of Counterparty](2) By By Title Title [Address for the service of notices under this Agreement] Date Date Appendix 1 Netting agreements 1. ISDA Master Agreement (Multicurrency-Cross Border 1992) 2. The Bond Market Association Master Repurchase Agreement 3. PSA-ISMA Global Master Repurchase Agreement 4. Convention-cadre AFB relative aux opérations de marché à terme 5. Convention-cadre AFB relative aux opérations de pension livrée 6. Rahmenvertrag für Finanztermingeschäfte 7. Rahmenvertrag für echte Pensionsgeschäfte Appendix 2 Transactions not subject to
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2) By By Title Title [Address for the service of notices under this Agreement] Date Date Appendix 1 Netting agreements 1. ISDA Master Agreement (Multicurrency-Cross Border 1992) 2. The Bond Market Association Master Repurchase Agreement 3. PSA-ISMA Global Master Repurchase Agreement 4. Convention-cadre AFB relative aux opérations de marché à terme 5. Convention-cadre AFB relative aux opérations de pension livrée 6. Rahmenvertrag für Finanztermingeschäfte 7. Rahmenvertrag für echte Pensionsgeschäfte Appendix 2 Transactions not subject to any netting agreement 1. The provisions
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Global Master Repurchase Agreement 4. Convention-cadre AFB relative aux opérations de marché à terme 5. Convention-cadre AFB relative aux opérations de pension livrée 6. Rahmenvertrag für Finanztermingeschäfte 7. Rahmenvertrag für echte Pensionsgeschäfte Appendix 2 Transactions not subject to any netting agreement 1. The provisions of this Appendix apply to transactions entered into between the Parties that are not effectively subject to any other netting agreement. 2. Should: (a) a default termination occur under any netting agreement, or (b) an event that
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