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.

Deliverable Obligation Terms means for Credit Derivative Transactions incorporating the 2014 Definitions:

Deliverable Obligation Terms means any set of Deliverable Obligation Terms set forth in Schedule 1 to these Credit Derivatives Auction Settlement Terms.

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 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 the same seniority as the Reference Obligation.

• 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’.

• 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.

• 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).

• 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).

• Following an Auction Resolution, the Deliverable Obligations of an Affected Reference Entity, for a particular set of Credit Derivatives Auction Settlement Terms and one or more sets of Deliverable Obligation Terms, shall be identified in accordance with the procedures in this Section 3.3 (Deliverable Obligation Resolutions).

• With respect to an Auction, a Convened DC may Resolve by a Majority a separate set of Deliverable Obligation Terms to be published with respect to each set of Credit Derivatives Auction Settlement 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 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.

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

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.

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.

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.

Deliverable Obligation Terms means: Set One: