DC Resolution definition
DC Resolution means a resolution of the Credit Derivatives Determinations Committee in accordance with the definition of “Resolve” below.
DC Resolution means a resolution made by a relevant Credit Derivatives Determinations Committee or, if the context requires, the meaning given to that term in the DC Rules.
Examples of DC Resolution in a sentence
As Auction Settlement is not applicable, we have amended the provision such that the relevant DC Resolution will not apply to CDS that trades 21 Business Days the date of the DC Resolution.