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

• Notwithstanding anything to the contrary in the relevant documentation, the Cash Settlement Amount (if any) in respect of the Affected Portion shall be payable on the Auction Settlement Date determined pursuant to these Credit Derivatives Auction Settlement Terms.

• 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.

• Section 1.30 of the 2003 Credit Derivatives Definitions is hereby modified by replacing the term "Auction Final Price Determination Date" in clause (ii) of the last sentence thereof with the phrase "date that is one Relevant City Business Day prior to the Auction Settlement Date".

• 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.

• Where an Event Determination Date is designated pursuant to the CDS, an Early Termination Date shall automatically be and shall be designated to be the same date as the Auction Settlement Date or the Cash Settlement Date (as the case may be).

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.