Credit Derivatives Determinations Committee definition

Credit Derivatives Determinations Committee means each committee established pursuant to the Rules for purposes of reaching certain DC Resolutions in connection with credit derivative transactions in the over-the-counter market, as more fully described in the Rules.
Credit Derivatives Determinations Committee means each committee established pursuant to the DC Rules for purposes of reaching certain DC Resolutions in connection with credit derivative transactions.
Credit Derivatives Determinations Committee means any committee established by ISDA for the purpose of reaching certain Resolutions relating to credit derivative transactions.

Examples of Credit Derivatives Determinations Committee in a sentence

  • If the Calculation Agent chooses to rely on the determinations of the relevant Credit Derivatives Determinations Committee it may do so without liability.

  • Once ISDA has publicly announced that the relevant Credit Derivatives Determinations Committee has made such resolution, the relevant timing requirements of the Credit Linked Conditions that have previously tolled or been suspended shall resume on the Business Day following such public announcement by ISDA.

  • The Calculation Agent is not bound to follow or act in accordance with any determination of the relevant Credit Derivatives Determinations Committee.

  • In addition, the Credit Derivatives Determinations Committee is not obligated to follow previous determinations and, therefore, could reach a conflicting determination on a similar set of facts.

  • Furthermore, the institutions on the Credit Derivatives Determinations Committee do not owe any duty to the Noteholders and the Noteholders will be prevented from pursuing claims with respect to actions taken by such institutions under the Rules.


More Definitions of Credit Derivatives Determinations Committee

Credit Derivatives Determinations Committee means each committee established by ISDA pursuant to the DC Rules for purposes of reaching certain DC Resolutions (including, but not limited to, the determination of the occurrence of a Credit Event) in connection with “Credit Derivative Transactions” as more fully described in the DC Rules.
Credit Derivatives Determinations Committee means a committee established by ISDA for purposes of reaching certain DC Resolutions in connection with certain credit derivatives transactions, as more fully described in the Credit Derivatives Determinations Committees Rules, as published by ISDA on its website at www.isda.org (or any successor website thereto) from time to time and as amended from time to time in accordance with the terms thereof (the "Rules");
Credit Derivatives Determinations Committee or “CDDC” means each committee established pursuant to the DC Rules for the purposes of reaching certain resolutions with respect to credit derivative transactions (which would include the Hypothetical Transaction).
Credit Derivatives Determinations Committee means, with respect to a Reference Entity or an Obligation thereof, each committee established pursuant to the DC Rules for purposes of reaching certain DC Resolutions in connection with credit derivative transactions referencing such Reference Entity. For more information about the operation of the Credit Derivatives Determinations Committees, see “Credit Derivatives Determinations Committees” in Annex B hereto.
Credit Derivatives Determinations Committee means any one of the committees established by ISDA for the purposes of making certain determinations in connection with credit derivative transactions, as more fully described in the Credit Derivatives Determinations Committee Rules as published by ISDA on its website at ww.isda.org (or any successor website thereto) from time to time in accordance with the July 2009 ISDA Credit Derivatives Determinations Committee, Auction Settlement and Restructuring Supplement to the 2003 ISDA Credit Derivatives Definitions or other replacement documentation, as published and amended and supplemented by ISDA from time to time.
Credit Derivatives Determinations Committee means each committee established pursuant to the DC Rules for purposes of reaching certain DC Resolutions.
Credit Derivatives Determinations Committee means each committee established pursuant to the DC Rules for purposes of reaching certain DC Resolutions in connection with credit default swap transactions incorporating the 2014 Credit Derivatives Definitions, as published by ISDA.