CDS Counterparty definition

CDS Counterparty means a counterparty that enters into a CDS Transaction with the Borrower.

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CDS Counterparty means CALYON, in its capacity as protection buyer under the CDS Confirmation, unless specified otherwise in the Applicable Supplement; and

CDS Counterparty means a counterparty to one or more credit default swaps with the Bank in which the Company is a “Reference Entity”, as defined in the ISDA Credit Derivatives Definitions, and where the aggregate notional amount of such credit default swap(s) is at least $10,000,000. For the avoidance of doubt, if a central clearing entity recognized by a U.S. federal regulatory authority is a counterparty to one or more such credit default swaps, such central clearing entity will also be a “CDS Counterparty”.

Examples of CDS Counterparty in a sentence

The SCA Parties and the CDS Counterparties understand that the approval by the NYID of any CDS Counterparty Restructuring will require addressing XLCA’s public finance business to the satisfaction of the NYID.
The SCA Parties will direct each portfolio trust that is a party to a credit default swap agreement with a CDS Counterparty to execute a joinder agreement in the form attached hereto as Exhibit 1.01(c) and become a Party to this Agreement promptly upon receiving notice that such CDS Counterparty became a Party, and in no event later than the earlier of (i) the Closing or (ii) three (3) Business Days after such CDS Counterparty became a Party.
After the Closing, the SCA Parties and the CDS Counterparties will negotiate in good faith in an effort to reach agreement on a CDS Counterparty Restructuring on or prior to October 15, 2008 that is fair and equitable to both the SCA Parties and the CDS Counterparties.
Furthermore, the SCA Parties and the CDS Counterparties shall work together in good faith to achieve the goals of the SCA Parties and the CDS Counterparties as set forth in this Agreement and any Ancillary Agreement to which an SCA Party and a CDS Counterparty is a party, and those described in this Section 6.18.
If any CDS Counterparty becomes the record or beneficial owner of any or all of the XL Owned SCA Common Shares, it will comply with all Laws applicable to the Transfer of any or all of the XL Owned SCA Common Shares.

More Definitions of CDS Counterparty

CDS Counterparty. ’ means Barclays Bank PLC in its capacity as swap counterparty under the Credit Default Swap Agreement.

CDS Counterparty means Morgan Stanley Capital Services, Inc.

CDS Counterparty means a Portfolio CDS Counterparty and/or a Single Name CDS Counterparty.

CDS Counterparty. Entity Type", "Interest Rate Swap", "IRS Counterparty", "Reference Entity", "Reference Entity Notional Amount", "Reference Obligations", "Settlement Method" will have the meanings given to them in the Drawdown Deed entered into in connection with a particular Series. Certain elections for the purposes of and/or variations to these Credit Linked Provisions are set out in the Additional Conditions of such Credit Linked Notes under the heading "Credit Linked Notes", and are referred to in these Credit Linked Provisions as "Additional Credit Terms". If there is any inconsistency between the Base Conditions, these Credit Linked Provisions and the Additional Conditions of the Credit Linked Notes (including the Additional Credit Terms), then the following documents will prevail in the following order of priority:

CDS Counterparty. ’ means The Royal Bank of Scotland plc in its capacity as swap counterparty under the Credit Default Swap Agreement.

CDS Counterparty and “IRS Counterparty” shall mean CALYON, in its capacity as protection buyer under the CDS Contract and counterparty under the IRS Contract (if any), respectively, unless specified otherwise in the Applicable Supplement;