Examples of DC Credit Event Question in a sentence
Noteholders will not receive payment of such suspended interest amount until (i) an Applicable DC No Credit Event Announcement or an Applicable DC Credit Event Question Dismissal is made; (ii) the Calculation Agent determines that a potential Credit Event has not occurred or (iii) that an Event Determination Date has occurred but such Event Determination Date occurred after the Interest Payment Date in relation to which the interest payment was suspended.
If, following the occurrence of an Event Determination Date but prior to a Valuation Date, there is a DC Credit Event Meeting Announcement, the timing requirements of Section 7.8 (Valuation Date), or any other Section of this Credit Annex that pertains to settlement, shall toll and remain suspended until the date of the relevant DC Credit Event Announcement or DC Credit Event Question Dismissal.
Once the relevant DC Credit Event Announcement or DC Credit Event Question Dismissal has occurred, 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 the DC Secretary.
Interest will cease to accrue and be payable under the Notes following the occurrence of a relevant Event Determination Date or the date of a DC Credit Event Question from and including the Interest Period End Date immediately preceding such Event Determination Date, DC Credit Event Question date or such other date specified in the Pricing Terms (as applicable).
Settlement Method:Auction SettlementFallback Settlement Method:Cash SettlementEvent Determination Date:Notwithstanding any provisions in the Credit Derivatives Definitions to the contrary, an Event Determination Date will only be deemed to have occurred if a DC Credit Event Announcement is made.For the avoidance of doubt, if (i) a DC No Credit Event Announcement is publicly announced by ISDA or (ii) a DC Credit Event Question Dismissal occurs, an Event Determination Date will be deemed not to haveoccurred.
If, following the occurrence of an Event Determination Date but prior to a Valuation Date, there is a DC Credit Event Meeting Announcement, the timing requirements contained in the definition of Valuation Date or any other provision of these Credit Linked Provisions or the Conditions that pertains to settlement, shall toll and remain suspended until the date of the relevant DC Credit Event Announcement or DC Credit Event Question Dismissal.
If, following the occurrence of an Event Determination Date but prior to a Valuation Date, there is a DC Credit Event Meeting Announcement, the timing requirements of Section 7.8 (Valuation Date), or any other Section of this Credit Provisions Annex that pertains to settlement, shall toll and remain suspended until the date of the relevant DC Credit Event Announcement or DC Credit Event Question Dismissal.
Noteholders will not receive payment of such suspended interest amount until(i) an Applicable DC No Credit Event Announcement or an Applicable DC Credit Event Question Dismissal is made; (ii) the Calculation Agent determines that a potential Credit Event has not occurred or (iii) that an Event Determination Date has occurred but such Event Determination Date occurred after the Interest Payment Date in relation to which the interest payment wassuspended.
Once the relevant DC Credit Event Announcement or DC Credit Event Question Dismissal has occurred, the relevant timing requirements of the provisions that have previously tolled or been suspended shall resume on the Business Day following such public announcement by the DC Secretary.
Noteholders will not receive payment of such suspended interest amount until (i) an Applicable DC No Credit EventAnnouncement or an Applicable DC Credit Event Question Dismissal is made; (ii) the Calculation Agent determines that a potential Credit Event has not occurred or (iii) that an Event Determination Date has occurred but such Event Determination Date occurred after the Interest Payment Date in relation to which the interest payment was suspended.