Examples of CDS Transaction in a sentence
A Customer, including a Sponsored Principal, shall notify its Clearing Member if it becomes an Affected Customer with respect to any CDS Contract or Customer-CM CDS Transaction, provided that such notification may be delayed for so long as the Customer is prevented by Applicable Laws from disclosing the information on the basis of which the notification is required.
The term "Bilateral CDS Transaction" means: (i) a CDS transaction between two CDS Clearing Members or (ii) a CDS transaction between a CDS Clearing Member and an Affiliate of a different CDS Clearing Member or (iii) a CDS transaction between an Affiliate of a CDS Clearing Member and an Affiliate of a different CDS Clearing Member, (to which in either case, for the avoidance of doubt, the Clearing House is not a party).
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Each of the Issuer and the Counterparty may terminate the Swap Agreement in relation to the CDS Transaction if an Event of Default (as defined in the ISDA Master Agreement) occurs in respect of the other party.
Each of the Issuer and the Counterparty may terminate the Swap Agreement in relation to the CDS Transaction if a Termination Event (as defined in the ISDA Master Agreement) occurs and the Issuer or the Counterparty, as applicable, is so entitled pursuant to the ISDA Master Agreement.