Default Manual definition

Default Manual. – means any manual designated as such by the Corporation, as amended from time to time.
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Examples of Default Manual in a sentence

  • The Operations Manual contains two schedules which are integral parts thereof: (a) the Risk Manual providing practical details with respect to margin and other risk management processes, including the Default Manual as an Appendix, and (b) the templates of depository agreements.

  • EPA should be familiar with these alternative “tools” and methods as all been have been used to identify, quantify, and/or report venting losses under other EPA programs including Natural Gas STAR.

  • Current process Positions transfer is currently available at CDCC in a BAU situation (transfer of the client positions from an existing Clearing Member to an another Clearing Member) or a transfer upon a declaration of Non-Conforming or suspension status as a risk mitigation tool as described in CDCC’s Default Manual.

  • Dreifuss, Bond, Contractual, and Statutory Provisions and General Agreement of Indemnity, in Bond Default Manual, Second Edition at 5 (Duncan L.

  • Subject to provisions of the Default Manual, all amounts from the Supplemental Liquidity Fund used by the Corporation shall be paid back by the Corporation to the Supplemental Liquidity Fund after the Default Management Period had ended, unless such amounts represent the Supplemental Liquidity Contributions of the suspended Clearing Member and were allocated by the Corporation to cover credit losses as part of the Default Waterfall.

  • CDCC is addressing such clarifications with the proposed amendments to its Default Manual and Rules.

  • Griffin, Completion by the Bond Obligee, Bond Default Manual, Second Edition at 212-13 (Clore ed., ABA 1995); Bond Default Manual, Second Edition at app.

  • In addition, in order to clarify certain mechanisms underlying CDCC’s Default Management, and following a legal opinion obtained with respect to the legal certainty supporting its current portability regime, CDCC is proposing to enhance the language of its Default Manual to better align with the language found in its Rules.

  • Schedule A – THE RISK MANUAL This schedule sets forth the risk management methodology used by CDCC, covering membership eligibility criteria, margining mechanisms, clearing fund contributions, collateral management, default process, contract adjustment process and methodology with respect to admissibility of forms of margin deposits; and the Default Manual as an appendix thereto.

  • The loss absorption mechanism, also referred as Waterfall, is described in Sub-section 1.6.Appendix 2 (Clean) Default Manual This Default Manual (the “Manual”) is intended to summarize the Rules of the Canadian Derivatives Clearing Corporation (“CDCC” or the “Corporation”) and confirm certain details concerning the actions the Corporation may take with respect to Clearing Members in financial difficulty, potentially in default or in default of obligations under the Rules.

Related to Default Manual

  • O & M Default means any default on the part of the Power Producer for a continuous period of ninety (90) days to (i) operate and/or (ii) maintain (in accordance with Prudent Utility Practices), the Project at all times.

  • Customer Default has the meaning set out in clause 8.3.

  • Contractor Default shall have the meaning set forth in Clause 23.1;

  • Debenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Event of Default Under the Trust Indenture With respect to any MBS, any “Event of Default” under the Trust Indenture pursuant to which such MBS was issued. Xxxxxx Xxx: Federal National Mortgage Association, a body corporate organized and existing under the laws of the United States, or its successor in interest or any successor appointed as herein provided. Unless the context requires otherwise, the term “Xxxxxx Mae” shall be deemed to refer to the Federal National Mortgage Association acting in its corporate capacity and not in its capacity as Trustee hereunder.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • MI Default has the meaning given to it in paragraph 6.1 of Framework Schedule 9 (Management Information);

  • Indenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Default Requirement means the amount specified as being applicable to the Reference Entity in the Standard, or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, U.S.$ 10,000,000 or its equivalent in the relevant Obligation Currency) in either case, as of the occurrence of the relevant Credit Event.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Minor Default means any Event of Default that is not a Major Default.

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;

  • Owner Event of Default shall have the meaning set forth in Section 18.3.

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Indenture Default means, with respect to any Indenture, any Event of Default (as such term is defined in such Indenture) thereunder.

  • Monetary Default Notice shall have the meaning assigned to such term in Section 11(a).

  • Default Notice means the written notice of Default of the Agreement issued by one Party to the other.

  • Issuer Event of Default means the occurrence of any of the following events:

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

  • Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).

  • Event of Default has the meaning specified in Section 8.01.

  • Acceleration Request means a request pursuant to Operating Agreement, Schedule 1, section 1.9.4A, and the parallel provisions of Tariff, Attachment K-Appendix, section 1.9.4A, to accelerate or reschedule a transmission outage scheduled pursuant to Operating Agreement, Schedule 1, section 1.9.2 or Operating Agreement, Schedule 1, section 1.9.4, and the parallel provisions of Tariff, Attachment K-Appendix, section 1.9.2 or Tariff, Attachment K-Appendix, section 1.9.4.

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Preliminary Default Notice shall have the meaning ascribed thereto in Article 13 of this Agreement;

  • Non-Monetary Default Notice shall have the meaning assigned to such term in Section 11(d).