Credit Default Swap definition

Credit Default Swap means any credit default swap entered into as a means to (i) invest in bonds, notes, loans, debentures or securities on a leveraged basis or (ii) hedge the default risk of bonds, notes, loans, debentures or securities.
Credit Default Swap means any credit default swap entered into as a means to (i) invest in bonds, notes, loans, debentures or securities on a leveraged basis (including, without limitation, total return swaps) or (ii) hedge the default risk of bonds, notes, loans, debentures or securities.
Credit Default Swap means the credit default swap transaction entered into on the Closing Date between the Issuer and the Swap Counterparty and documented under the ISDA Master Agreement.

Examples of Credit Default Swap in a sentence

  • Solely for purposes of this Agreement, any references to “principal amount” or “obligations” owed by any Person under any Hedging Agreement or Credit Default Swap shall refer to the amount that would be required to be paid by such Person if such Hedging Agreement or Credit Default Swap were terminated at such time (after giving effect to any netting agreement) less any collateral posted in support thereof.


More Definitions of Credit Default Swap

Credit Default Swap means any credit default swap entered into as a means to hedge the default risk of bonds, notes, loans, debentures or securities of the Borrower or any Obligor.
Credit Default Swap means a credit derivative contract under which the protection buyer pays a premium to the protection seller in return for compensation in the event of a default (or similar credit event) by a reference entity.
Credit Default Swap. (Derivado Crediticio) means the credit default swap dated on the Incorporation Date between the Management Company on behalf of the Issuer and the Swap Counterparty;
Credit Default Swap means a derivative contract in which one party pays a fee to another party in return for a payment or other benefit in the case of a credit event relating to a reference entity and of any other default, relating to that derivative contract, which has a similar economic effect;
Credit Default Swap means a credit default swap entered into by the Issuer, as credit protection seller, with amongst others, the following features:
Credit Default Swap means a credit derivative contract which provides the Fund with
Credit Default Swap means a derivative contract in which one party pays a fee to another party in return for compensation or a payment in the event of a default by a reference entity, or a credit event relating to that reference entity and any other derivative contract that has a similar economic effect;