Deliverable Obligation Terms definition

Deliverable Obligation Terms means any set of Deliverable Obligation Terms determined by the relevant Convened DC and set forth in Schedule 1 to these Credit Derivatives Auction Settlement Terms.
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Deliverable Obligation Terms means for Credit Derivative Transactions incorporating the 2014 Definitions:
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Deliverable Obligation Terms means any set of Deliverable Obligation Terms set forth in Schedule 1 to these Credit Derivatives Auction Settlement Terms.
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Examples of Deliverable Obligation Terms in a sentence

  • For the avoidance of doubt, if more than one set of Deliverable Obligation Terms are published by ISDA 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, 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, if more than one set of Deliverable Obligation Terms are published by ISDA 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 thesame seniority as the Reference Obligation.

  • Permissible Deliverable Obligations has the meaning set forth in the relevant Credit Derivatives Auction Settlement Terms, being either all or the portion of the Deliverable Obligations included on the Final List pursuant to the Deliverable Obligation Terms that are applicable to that Auction.

  • Deliverable Obligation Terms, in relation to any Reference Entity, has the meaning set forth in the relevant Credit Derivatives Auction Settlement Terms.

  • Each obligation which a Convened DC resolves falls within a set of Deliverable Obligation Terms for a Credit Derivatives Auction Settlement Terms is then included on a ‘Final List’.

  • Each time a Convened DC Resolves a set of Deliverable Obligation Terms with respect to a set of Credit Derivatives Auction Settlement Terms, the DC Secretary shall promptly publish such set of Deliverable Obligation Terms on its Website.

  • 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.

  • 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).

  • In the event that no CDS Auction is held with respect to the set of Deliverable Obligation Terms that pertain to the Securities, the Calculation Agent may exercise the Movement Option (see below).


More Definitions of Deliverable Obligation Terms

Deliverable Obligation Terms means the set of criteria determined by the relevant Credit Derivatives Determinations Committee to apply in respect of any particular CDS Auction.
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Deliverable Obligation Terms means: Deliverable Obligation Category Deliverable Obligation Characteristics Bond or Loan Not Subordinated Specified Currency Not Contingent Assignable LoanConsent Required Loan TransferableMaximum Maturity: 30 years Not Bearer
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Deliverable Obligation Terms means: Deliverable Obligation Category Deliverable Obligation Characteristics Bond or Loan Not Subordinated Specified Currency Not Contingent Assignable LoanConsent Required Loan TransferableMaximum Maturity: 30 years Not Bearer For the avoidance of doubt, the Deliverable Obligation Terms shall include any Transaction in which the Reference Obligation specified is a subordinated obligation of the Affected Reference Entity listed in the Decree.
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Deliverable Obligation Terms means for Credit Derivative Transactions incorporating the 2014 Definitions: Deliverable Obligation Category Deliverable Obligation Characteristics Bond Not Subordinated Specified Currency Not Domestic LawNot Domestic IssuanceTransferable Not Bearer and for which (i) the "Reference Obligation" is (A) any of the bonds on the Final List or (B) any senior obligation of the Affected Reference Entity which has already been redeemed, repaid and/or otherwise has expired or no longer exists or (ii) no "Reference Obligation" is specified.
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Deliverable Obligation Terms means: Deliverable Obligation Category Deliverable Obligation Characteristics Bond or Loan Specified Currency Not Contingent Assignable Loan Consent Required Loan Transferable Maximum Maturity: 30 years Not Bearer and the Deliverable Obligation Terms shall exclude any Transaction where "Restructuring Maturity Limitation and Fully Transferable Obligation" or "Modified Restructuring Maturity Limitation and Conditionally Transferable Obligation" is specified in the related Confirmation. Accordingly, these Auction Settlement Terms will not constitute Parallel Auction Settlement Terms with respect to any such Credit Derivative Transaction.
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Deliverable Obligation Terms means: Set One:
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Related to Deliverable Obligation Terms

  • Conditionally Transferable Obligation means a Valuation Obligation that is either Transferable, in the case of Bonds, or capable of being assigned or novated to all Modified Eligible Transferees without the consent of any person being required, in the case of any Valuation Obligation other than Bonds, in each case, as of the Valuation Date, provided, however, that a Valuation Obligation other than Bonds will be a Conditionally Transferable Obligation notwithstanding that consent of the Reference Entity or the guarantor, if any, of a Valuation Obligation other than Bonds (or the consent of the relevant obligor if the Reference Entity is guaranteeing such Valuation Obligation) or any agent is required for such novation, assignment or transfer so long as the terms of such Valuation Obligation provide that such consent may not be unreasonably withheld or delayed. Any requirement that notification of novation, assignment or transfer of a Valuation Obligation be provided to a trustee, fiscal agent, administrative agent, clearing agent or paying agent for a Valuation Obligation shall not be considered to be a requirement for consent for purposes of Section 3.32(b).

  • Fully Transferable Obligation means a Valuation Obligation that is either Transferable, in the case of Bonds, or capable of being assigned or novated to all Eligible Transferees without the consent of any person being required, in the case of any Valuation Obligation other than Bonds, in each case, as of the Valuation Date. Any requirement that notification of novation, assignment or transfer of a Valuation Obligation be provided to a trustee, fiscal agent, administrative agent, clearing agent or paying agent for a Valuation Obligation shall not be considered to be a requirement for consent for purposes of Section 3.31.

  • Eligible obligation means an obligation issued or incurred by an authority or by a municipality on behalf of an authority before August 19, 1993 and its subsequent refunding by a qualified refunding obligation. Eligible obligation includes an authority’s written agreement entered into before August 19, 1993 to pay an obligation issued after August 18, 1993 and before December 31, 1996 by another entity on behalf of the authority.

  • E-Auction Process Information Document means this document including all the appendices hereto, for the purposes of setting out the process for submission of a bid and selection of Successful Bid in accordance with the provisions of the IBC and shall include all supplements, modifications, amendments, alterations or clarifications thereto issued in accordance with the terms hereof.

  • Credit Event Reference Obligation means, with respect to any Payment Date, any Reference Obligation with respect to which a Credit Event has occurred.

  • Reference Obligation means an obligation used for the purposes of determining the cash settlement value of a credit derivative;

  • Compliance obligation means the quantity of verified reported emissions or assigned emissions for which an entity must submit compliance instruments to ARB.

  • Supporting Obligation means a letter-of-credit right or secondary obligation that supports the payment or performance of an account, chattel paper, a document, a general intangible, an instrument, or investment property.

  • Eligible Obligor On any date of determination, any Obligor that:

  • Escrow Obligations means (a) Government Obligations, (b) certificates of deposit issued by a bank or trust company which are (1) fully insured by the Federal Deposit Insurance Corporation or similar corporation chartered by the United States or (2) secured by a pledge of any Government Obligations having an aggregate market value, exclusive of accrued interest, equal at least to the principal amount of the certificates so secured, which security is held in a custody account by a custodian satisfactory to the Registrar or the Registrar, as the case may be, or (c)(1) evidences of a direct ownership in future interest or principal on Government Obligations, which Government Obligations are held in a custody account by a custodian satisfactory to the Registrar pursuant to the terms of a custody agreement in form and substance acceptable to the Registrar and (2) obligations issued by any state of the United States or any political subdivision, public instrumentality or public authority of any state, which obligations are fully secured by and payable solely from Government Obligations, which Government Obligations are held pursuant to an agreement in form and substance acceptable to the Registrar and, in any such case, maturing as to principal and interest in such amounts and at such times as will insure the availability of sufficient money to make the payment secured thereby.

  • Termination Fee has the meaning set forth in Section 7.02(a).