Examples of DC Resolution in a sentence
In the event that ISDA publicly announces, on or following the Trade Date, a DC Resolution that one or more successors exist with respect to a Reference Entity, each such successor entity will be treated as a Successor for purposes of Section 2.2(b).
Physical Settlement is the applicable Settlement Method, as modified with respect to one or more Deliverable Obligations by any DC Resolution, Resolved by Supermajority, implementing the provisions of any market advisory published with respect to such Deliverable Obligation(s) by The Loan Market Association, The Loan Syndications and Trading Association, Inc.
In the event that ISDA publicly announces, on or following the Trade Date, a DC Resolution that one or more successors exist with respect to such Reference Entity, each such successor entity will be treated as a Successor for purposes of Section 2.2(b).
Physical Settlement is the applicable Settlement Method, as modified with respect to one or more Deliverable Obligations by any DC Resolution by the relevant Credit Derivatives Determinations Committee, Resolved by Supermajority, implementing any provisions of any market advisory published with respect to such Deliverable Obligation(s) by The Loan Market Association, The Loan Syndications and Trading Association, Inc.
DC Resolution has the meaning given to that term in the DC Rules.
Under the terms of the Swap Agreement, a Successor may be determined by virtue of (i) a DC Resolution; (ii) by the Counterparty delivering a Succession Event Notice to the Issuer, the Trustee, the Calculation Agent and the Principal Paying Agent or (iii) the Issuer delivering a Succession Event Notice to the Counterparty, the Trustee, the Calculation Agent and the Principal Paying Agent.
One regular adjustment is that the College is closed on Fridays for eight weeks during the summer.
Thus, the content of a DC Resolution in respect of a Reference Entity will depend on the votes cast by the members of the relevant Credit Derivatives Determinations Committee.
For the avoidance of doubt, the Termination Date of the Credit Default Swap may be postponed following a public announcement by ISDA that a DC Resolution (as defined in the Credit Default Swap) will be passed by the relevant Credit Derivatives Determinations Committee.
Unless otherwise agreed by the parties, for disputes involving Sections IV.A., IV.C., and IV.I. the parties will utilize Michael Lewis, Linda Singer or Judge (Ret.) Richard Levie of JAMS at the Washington, D.C. Resolution Center or Judge (Ret.) Gregory Mize to serve as the ADR Specialist(s).