Examples of Excluded Obligation in a sentence
A Senior Non-Preferred Obligation shall constitute a Subordinated Obligation for the purposes of the Credit Linked Conditions and it shall be deemed that there is a relevant Reference Obligation which is a Subordinated Obligation for the purposes of the definitions of "Excluded Obligation" and "Relevant Obligations" in Credit Linked Condition 13.
Notwithstanding anything herein or in the other Loan Documents to the contrary, Liens granted in any collateral by any Guarantor shall not secure any obligation in respect of any Excluded Obligation in respect of a Hedge Agreement.
As set forth in Sections 9.2(d) and 9.2(b)(i) of the 1998 Purchase Agreement, such indemnification obligations shall not be subject to any De Minimis Amount, Threshold Amount or Indemnification Cap (as such terms are defined in the 1998 Agreement) and there shall be no limitation on the time for making a Claim for any Losses with respect to a 1998 Excluded Obligation.
Excluded Obligation means any obligation of a Reference Entity specified as such or of a type described in the Final Terms.
Any failure by Sellers to pay any Excluded Obligation and Liabilities.