Credit Event Settlement Date definition

Credit Event Settlement Date means, in respect of a Security and with respect to an Event Determination Date, the later of the date falling (a) five Business Days following the Issue Date and (b) 10 Business Days after the date on which the Auction Final Price is determined (or where the Credit Event Settlement Amount is determined by reference to a Final Price, the date on which the Final Price is determined);
Credit Event Settlement Date means, in respect of a Credit Event Redemption, the earlier of (x) the 15th Reference Business Day following the relevant Credit Event Trigger Date that relates to such redemption and(y) the fifth Reference Business Day following the date on which the relevant portion of Collateral of that Series relating to such Credit Event Redemption has been Liquidated in full. For the avoidance of doubt, the Credit Event Settlement Date may occur after the Scheduled Maturity Date, in which case each Note shall not be redeemed until the Credit Event Settlement Date.
Credit Event Settlement Date means, in respect of a Security and with respect to an Event Determination Date (and subject to Asset Term 2.2(f)):

Examples of Credit Event Settlement Date in a sentence

  • The Credit Event Settlement Date may be prior to the Scheduled Maturity Date of the Notes.

  • If a Credit Event Trigger Date occurs, the Notes will be redeemed at the Credit Event Settlement Amount on the Credit Event Settlement Date.

  • In the case of an M(M)R Restructuring Credit Event, each Note may be partially redeemed at the Credit Event Settlement Amount on the relevant Credit Event Settlement Date.

  • If it has been determined that there are Multiple Successors under the Credit Default Swap, and a Credit Event occurs in respect of any such Multiple Successor, each Note may be partially redeemed at the Credit Event Settlement Amount on the relevant Credit Event Settlement Date.

  • If a Credit Event Trigger Date occurs, the Notes will beredeemed at the Credit Event Settlement Amount on the Credit Event Settlement Date.


More Definitions of Credit Event Settlement Date

Credit Event Settlement Date means the date, as designated by MS, which falls on or prior to 30 Business Days after the Credit Event Determination Date. Final Price The Final Price shall be determined through the following process:
Credit Event Settlement Date means the last day of the Physical Settlement Period.
Credit Event Settlement Date means, in respect of a Security and with respect to an Event Determination Date, the date falling 10 Business Days after the date on which the Auction
Credit Event Settlement Date means the last day of the longest Physical Settlement Period following the day on which the Notice of Physical Settlement was delivered by the Issuer in accordance with Special Condition 2 (Redemption on occurrence of Credit Event).
Credit Event Settlement Date means the day that is one Business Day prior to the Early Redemption Date.
Credit Event Settlement Date means, in respect of a Security and with respect to an Event Determination Date, the date falling five Business Days after the date which would be the settlement date under the Reference CDS or, where the Credit Event Redemption Amount isdetermined by reference to a Final Price, a date selected by the Calculation Agent and falling five Business Days after the date on which the Calculation Agent determines that the settlement in full of the Reference CDS would have occurred (whether by physical delivery of assets or by partial cash settlement) or, if there is no such date, on which the Reference CDS would have terminated in the absence of such settlement;
Credit Event Settlement Date means the date, as designated by MS, which falls on or prior to 30 Business Days after the Credit Event Determination Date.