Auction Covered Transaction definition

Auction Covered Transaction means a Covered Swaption Transaction or a Covered Non-Swaption Transaction, as applicable.
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Auction Covered Transaction means a Covered Swaption Transaction or a Covered Non-Swaption Transaction, as applicable, which, in either case, is not an Opted-Out Transaction.
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Auction Covered Transaction means a Covered Swaption Transaction or a Covered Non-Swaption Transaction, as applicable. For the avoidance of doubt, Auction Covered Transaction shall not include any Credit Derivative Transaction where "Restructuring Maturity Limitation and Fully Transferable Obligation" or "Modified Restructuring Maturity Limitation and Conditionally Transferable Obligation", is specified in the related Confirmation.
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Examples of Auction Covered Transaction in a sentence

  • The provisions of the relevant documentation that govern the accrual of Fixed Rates and the payment of Fixed Amounts under each Auction Covered Transaction shall be amended in accordance with the terms of Schedule 2 to these Credit Derivatives Auction Settlement Terms.

  • In determining whether a Hypothetical Triggered Credit Derivative Transaction would be an Auction Covered Transaction, the Calculation Agent may (in its sole discretion) interpret the above provisions and resolve any ambiguity, having regard to market practice and interpretation.

  • For purposes of ascertaining whether the Hypothetical Triggered Credit Derivative Transaction would be an Auction Covered Transaction, the Hypothetical Triggered Credit Derivative Transaction shall not be considered: (1) to be a transaction linked to any index or to a portfolio of entities, (2) to provide for a fixed recovery or final settlement amount, and (3) to provide that the Credit Derivatives Auction Settlement Terms would not apply.

  • In determining whether a Hypothetical Triggered Credit Derivative Transaction would be an Auction Covered Transaction, the Calculation Agent may (in its sole and absolute discretion) interpret the above provisions and resolve any ambiguity, having regard to market practice and interpretation.

  • This Transaction shall be deemed to be an Auction Covered Transaction for the purposes of application of the July 2009 Supplement.

  • Auction means the auction procedure governed by the Credit Derivatives Auction Settlement Terms (notwithstanding that the Notes are not an Auction Covered Transaction (as defined in the DC Rules) for the purpose of those terms).

  • The provisions of the relevant documentation that govern the accrual of Fixed Rates and the payment of Fixed Amounts under each Auction Covered Transaction shall be subject to the terms of Schedule 2 to these Credit Derivatives Auction Settlement Terms.

  • Auction Covered Transaction has the meaning set forth in the Transaction Auction Settlement Terms.

  • Transaction Auction Settlement Terms means, in respect of any Reference Entity and a related Credit Event, the Credit Derivatives Auction Settlement Terms published by ISDA in respect of such Credit Event and in respect of which the Notional Credit Derivative Transaction would be an Auction Covered Transaction.

  • For purposes of ascertaining whether the Credit Default Swap would be an Auction Covered Transaction, the Credit Default Swap shall not be considered: (1) to be a transaction linked to any index or to a portfolio of entities, (2) to provide for a fixed recovery of final settlement amount, and (3) to provide that the Credit Derivatives Auction Settlement Terms would not apply.


More Definitions of Auction Covered Transaction

Auction Covered Transaction means any Auction determined by the Platform.
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Related to Auction Covered Transaction

  • Covered Transaction means a transaction that uses any funds under this award and that is a contract, memorandum of understanding, cooperative agreement, grant, loan, or loan guarantee.

  • First Tier Covered Transactions refers to any covered transaction between a grantee or subgrantee of Federal funds and a participant (such as the prime or general contract). “Lower Tier Covered Transactions” refers to any covered transaction under a First Tier Covered Transaction (such as subcontracts). “First Tier Participant” refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Bundled transaction means the purchase of 2 or more distinct and identifiable products, except real property and services to real property, where the products are sold for a single nonitemized price. A bundled transaction does not include the sale of any products in which the sales price varies, or is negotiable, based on the selection by the purchaser of the products included in the transaction. As used in this subdivision:

  • Lower Tier Covered Transactions refers to any covered transaction under a First Tier Covered Transaction (such as subcontracts). “First Tier Participant” refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Post-Transaction Period means, with respect to any Specified Transaction, the period beginning on the date such Specified Transaction is consummated and ending on the last day of the eighth full consecutive fiscal quarter immediately following the date on which such Specified Transaction is consummated.

  • Qualifying Transaction means a transaction where a CPC acquires Significant Assets, other than cash, by way of purchase, amalgamation, merger or arrangement with another Company or by other means.

  • Excluded Transaction means any transaction in which assets are transferred to: (A) a shareholder of the Company (determined immediately before the asset transfer) in exchange for or with respect to its stock; (B) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company (determined after the asset transfer); (C) a Person, or more than one Person Acting as a Group, that owns, directly or indirectly, fifty percent (50%) or more of the total value or voting power of all the outstanding stock of the Company (determined after the asset transfer); or (D) an entity at least fifty percent (50%) of the total value or voting power of which is owned, directly or indirectly, by a Person described in clause (C) (determined after the asset transfer).

  • Specified Transaction will have the meaning specified in Section 14 of this Agreement.

  • Proposed Transaction is defined in Section 6.2(a).