Auction Settlement Date definition

Auction Settlement Date means the date that is the number of Business Days specified in the Transaction Auction Settlement Terms (or, if a number of Business Days is not so specified, five Business Days) immediately following the Auction Final Price Determination Date.

Auction Settlement Date means the later of (a) the date that is three Business Days following the Auction Final Price Determination Date and (b) September 18, 2020.

Auction Settlement Date means a Business Day following the Auction Final Price Determination Date, as determined by the Credit Derivatives Determinations Committee and specified in the Credit Derivatives Auction Settlement Terms in respect of the relevant Affected Reference Entity.

Examples of Auction Settlement Date in a sentence

• If on the Scheduled Maturity Date the Conditions to Settlement (as defined in the Credit Default Swap Transaction) have been satisfied with respect to the Credit Default Swap Transaction but the related Auction Settlement Date or, if applicable, the Cash Settlement Date (as respectively defined in the Credit Default Swap Transaction) has not then been determined, the Maturity Date shall be postponed to the day which is the termination date of the Credit Default Swap Transaction.

• Pursuant to paragraph 13 (Netting of Payments) of Part 4 of the Schedule and for the avoidance of doubt, on any Fixed Rate Payer Payment Date, Auction Settlement Date or Cash Settlement Date, the aggregate of any amount that becomes payable under this Master Transaction by a party and any amount that becomes payable under the relevant Component Transaction(s) by the other party will be equal to zero.

• The Intermediary Agent shall inform the Chief Operating Officer of the BM&FBOVESPA in writing, at least three (3) business days before the Auction Date, the total amount of the Offer calculated to two decimal points and adjusted until the Auction Settlement Date (as defined below).

• Pursuant to paragraph 13 (Netting of Payments) of Part 4 of the Schedule and for the avoidance of doubt, on any Fixed Rate Payer Payment Date, Auction Settlement Date or Cash Settlement Date, the aggregate of any amount that becomes payable under this Master Transaction by a party and any amount that becomes payable under the relevant Component Single Name Transaction(s) by the other party will be equal to zero.

• The likelihood of a Credit Event occurring in respect of a Reference Entity generally fluctuates with, among other things, the financial condition of the Reference Entity, together with general economic conditions, the conditions of certain financial markets, political events, developments or trends in particular industries and changes in prevailing market rates.Noteholders bear the risk of loss if any Credit Event occurs and an Auction Settlement Date or Cash Settlement Date (as applicable) occurs.

More Definitions of Auction Settlement Date

Auction Settlement Date means the date that is five Business Days following the Auction Final Price Determination Date.

Auction Settlement Date means the date that is three Business Days following delivery by the Calculation Agent of the Auction Settlement Amount Notice;

Auction Settlement Date means the date that is either (i) the date specified, if any, in the applicable Pricing Supplement, or (ii) a date selected by the Calculation Agent and falling not later than ten (10) Business Days following the date on which market credit default swaps are settled in accordance with and on the basis of the “Auction Final Price” established by means of the relevant Auction.

Auction Settlement Date means the later of (a) the date that is three Business Days following the Auction Final Price Determination Date and (b) March 10, 2015.

Auction Settlement Date means the later of (i) the date that is five Business Days following the Auction Final Price Determination Date and (ii) 16 October, 2013.

Auction Settlement Date means the later of (a) the date that is five Business Days following the Auction Final Price Determination Date and (b) May 29, 2014.

Auction Settlement Date means the later of (a) the date that is three Business Days following the Auction Final Price Determination Date and (b) April 30, 2018.