Deliverable Obligation Provisions definition

Deliverable Obligation Provisions means, with respect to a Credit Derivative Transaction, the provisions therein that set forth the criteria for establishing what obligations may constitute Deliverable Obligations plus any additional restrictions as set out in Section 2.32 or 2.33 of the Updated 2003 Definitions or Section 3.31 or 3.32 of the 2014 Definitions (as applicable) or the provisions therein that set forth the criteria for establishing what obligations may be valued to determine a Final Price, as applicable.
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Deliverable Obligation Provisions means, with respect to a Credit Derivative Transaction, the provisions therein that set forth the criteria for establishing what obligations may constitute Deliverable Obligations plus any additional restrictions as set out in Section 2.32 or 2.33 of the
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Deliverable Obligation Provisions means the provisions of the Securities that set forth the criteria for establishing what obligations may constitute Deliverable Obligations that are either the Reference Obligation or within the applicable Deliverable Obligation Category and satisfy the Deliverable Obligation Characteristics applicable with respect to the relevant Reference Entity.
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Examples of Deliverable Obligation Provisions in a sentence

  • If the Deliverable Obligation Provisions for all Relevant Transactions with respect to which a Credit Event Resolution has occurred are not equivalent in all material respects, the Convened DC may Resolve to hold separate Auctions and, in such case, shall Resolve the set(s) of Deliverable Obligation Terms that will apply, respectively, for purposes of each such Auction in accordance with Section 3.2(c) (Deliverable Obligation Terms).

  • Upon the occurrence of such Mod/ModMod R Restructuring, depending on the Scheduled Maturity Date of the Securities, the relevant Auction for the purposes of determining the Auction Final Price will be the CDS Auction where the Deliverable Obligation Terms are substantially identical to the Deliverable Obligation Provisions of the Securities, as determined by the Calculation Agent in its sole discretion.


More Definitions of Deliverable Obligation Provisions

Deliverable Obligation Provisions means, with respect to a Credit Derivative Transaction, the provisions therein that set forth the criteria for establishing what obligations may constitute DeliverableObligations or the provisions therein that set forth the criteria for establishing what obligations may be valued to determine a Final Price, as applicable.
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Deliverable Obligation Provisions means the provisions of the Credit Linked Notes that specify criteria for establishing what obligations may constitute Deliverable Obligations. “Deliverable Obligation Terms” has the meaning set out in the relevant Credit Derivatives Auction Settlement Terms.
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Related to Deliverable Obligation Provisions

  • Deliverable Obligation means each obligation of the Loan Parties that would constitute a “Deliverable Obligation” under a market standard credit default swap transaction documented under the ISDA CDS Definitions and specifying any of the Loan Parties as a Reference Entity. Each capitalized term used but defined in the preceding sentence has the meaning specified in the ISDA CDS Definitions, as applicable.

  • Indemnification Provisions means each of the Debtors’ indemnification provisions currently in place whether in the Debtors’ bylaws, certificates of incorporation, other formation documents, board resolutions, or contracts for the current and former directors, officers, managers, employees, attorneys, other professionals, and agents of the Debtors and such current and former directors’, officers’, and managers’ respective Affiliates.

  • Guarantor Subordinated Obligation means, with respect to a Guarantor, any Indebtedness of such Guarantor (whether outstanding on the Issue Date or thereafter Incurred) that is expressly subordinated in right of payment to the obligations of such Guarantor under its Note Guarantee pursuant to a written agreement.