Reference Obligor definition

Reference Obligor means the obligor of a Reference Obligation.

Reference Obligor means the obligor on a Reference Obligation.

Reference Obligor means, with respect to any Reference Obligation, the issuer of that Reference Obligation;

Examples of Reference Obligor in a sentence

• Consequently, the Issuer will be subject to the credit risk of the Offsetting Credit Default Swap Counterparty as well as that of the Reference Obligor.

• As a result, concentrations of Synthetic Securities in any one Synthetic Counterparty subject the Notes to an additional degree of risk with respect to defaults by such Synthetic Counterparty as well as by the Reference Obligor.

• As a result, concentrations of Offsetting Credit Default Swaps in any one Offsetting Credit Default Swap Counterparty may subject the Notes to an additional degree of risk with respect to defaults by such Offsetting Credit Default Swap Counterparty as well as by the Reference Obligor.

• Consequently, the Issuer will be subject to the credit risk of the Synthetic Counterparty as well as that of the Reference Obligor.

• Synthetic Securities will be purchased or entered into by the Issuer for such purposesas: (i) structuring an investment in Reference Obligations with a desired maturity, currency or interest rate which otherwise may be inconsistent with the criteria for purchasing Collateral Obligations; (ii) achieving yield enhancement based on the coupon payments by a Reference Obligor; or (iii) establishing recovery floors or other means of credit protection as a result of defaults on Reference Obligations.

More Definitions of Reference Obligor

Reference Obligor means with respect to a Synthetic Security, the entity to whose credit such Synthetic Security is linked and the entity under any Reference Obligation specified in such Synthetic Security under a Reference Obligation;

Reference Obligor means the entity to whose credit any Synthetic Security is linked;

Reference Obligor means the obligor of a Reference Obligation. “Regulation S” means Regulation S under the Securities Act.

Reference Obligor means the issuer or borrower of a Reference Obligation. “Register” has the meaning given thereto in Condition 2(a) (Form and Denomination).

Reference Obligor. Each borrower set out in the latest issued Reference Obligation Annex and each Successor thereto Reference Obligation Holder: A hypothetical holder of record of the Reference Obligation, whether Party A, its affiliates or any SPE, who, through a purchase transaction which has settled, purchased the Reference Obligation, in a principal amount equal to the Face Amount of such Reference Obligation, on the relevant Addition Date and who remains, as of the relevant day of determination, the holder of record of such amount of such Reference Obligation.

Reference Obligor. With respect to a Reference Obligation, the obligor or issuer of such Reference Obligation.

Reference Obligor means, with respect to a Reference Obligation, the obligor on such Reference Obligation.