Examples of DC Secretary in a sentence
Each Participating Bidder agrees that (1) if the Open Interest is an offer to sell Deliverable Obligations, the Participating Bidder whose Initial Market Bid formed part of such Tradeable Market will pay the Adjustment Amount to the DC Secretary and (2) if the Open Interest is a bid to purchase Deliverable Obligations, the Participating Bidder whose Initial Market Offer formed part of such Tradeable Market will pay the Adjustment Amount to the DC Secretary.
Any payments of Adjustment Amounts shall be used by the DC Secretary to defray any costs related to any auction that the DC Secretary has coordinated (including the Auction) on behalf of ISDA, or that the DC Secretary will in the future coordinate on behalf of ISDA, for purposes of settlement of Credit Derivative Transactions.
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.
For the avoidance of doubt, if more than one set of Deliverable Obligation Terms are published by the DC Secretary in respect of the Credit Derivatives Auction Settlement Terms relating to the Reference Entity, the relevant Auction for the purposes of determining the Auction Final Price shall be the Auction (if any) in respect of which the Deliverable Obligation Terms require that the relevant obligations be Not Subordinated to obligations which are of the same seniority as the Reference Obligation.
For the avoidance of doubt, the No Auction Announcement Date shall be the date of the relevant announcement by the DC Secretary and not the date of any related determination by the Calculation Agent that such announcement relates to Transaction Auction Settlement Terms, Parallel Auction Settlement Terms or an Auction.
Any references herein to an Auction, Convened DC Voting Members, Credit Derivatives Auction Settle- ment Terms, Credit Derivatives Determinations Committee, DC Resolution, DC Rules, DC Secretary An- nouncement or Resolution (in each case howsoever described) shall be deemed to be only to that which would be relevant or applicable under or in relation to credit derivatives transactions incorporating the 2014 Definitions.
Any amount of interest so suspended shall, subject to Credit Linked Condition 3(a), become due on a date determined by the Calculation Agent, in its sole discretion but not later than fifteen Business Days following such public announcement by the DC Secretary.
Multiple in- terviews with the same respondent may increase reliability (Adams and Moody 2007).
Department of the navy policy and responsibility for test and measurement, monitoring, diagnostic equipment and systems, and metrology and calibration (METCAL) ( SECNAVINST 3960.6), Washington, D.C.: Secretary of the Navy.
A Convened DC may resolve on a majority basis the date on which the DC Secretary first received a request to convene a Committee to decide on an Affected Reference Entity’s Successor: a ‘Successor Request Resolution’.For non-Sovereign Affected Reference Entities a Convened DC may also resolve on a supermajority basis having regard to Eligible Information, the Relevant Obligation(s) including any adjustments required to be made under the 2014 Definitions if there is a Steps Plan.