Hypothetical Transaction definition

Hypothetical Transaction means a hypothetical credit derivative transaction between the Issuer (as “Seller”) and a hypothetical Noteholder (as “Buyer”) which incorporates the Credit Derivatives Definitions and which is otherwise on such terms as may be determined by the Calculation Agent to provide to the Issuer substantially similar rights and remedies with respect to the Reference Entities as are provided under the Notes. A Hypothetical Transaction is used only for the purposes of determining whether resolutions of a Credit Derivatives Determinations Committee will be binding on the Noteholders.
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Hypothetical Transaction means a hypothetical total return swap transaction concluded between the Issuer and the Noteholder, the date of termination of which occurs one year after the date of conclusion thereof and is subject to the terms of the 2002 ISDA Master Agreement as published by the International Swaps and Derivatives Association, Inc. (including a Schedule thereto) concluded on the Issuer’s standard terms, in terms of which hypothetical total return swap transaction the Issuer would be paying to the Noteholder amounts equal to any amount received by the Issuer during the Hypothetical Transaction Period in respect of the Underlying Bonds, including amounts of interest and any capital gains, and the Noteholder would be paying to the Issuer interest amounts on a quarterly basis determined with reference to the Hypothetical Floating Rate (such Hypothetical Floating Rate applied to an amount equal to the Aggregate Nominal Amount), and the amounts payable by either the Issuer and/or the Noteholder to the other are denominated in ZAR.
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Hypothetical Transaction means a hypothetical credit derivative transaction between the Issuer (as “Buyer” in respect of the Long Reference Entities and “Seller” in respect of the Short Reference Entities) and a hypothetical Noteholder (as “Seller” in respect of the Long Reference Entities and “Buyer” in respect of the Short Reference Entities) which incorporates the Credit Derivatives Definitions and which is otherwise on such terms as may be determined by the Calculation Agent to provide to the Issuer substantially similar rights and remedies with respect to the Reference Entities as are provided under the Notes. A Hypothetical Transaction is used only for the purposes of determining whether resolutions of a Credit Derivatives Determinations Committee (including as to the holding of Auctions) will be binding on the Noteholders;
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Examples of Hypothetical Transaction in a sentence

  • Resolutions of the relevant Credit Derivatives Determinations Committee or the Index Sponsor that are, as determined by the Calculation Agent, acting in good faith and in a commercially reasonable manner, relevant to the Notes or which would be applicable to any Hypothetical Transaction in respect of the Notes shall be binding on the Issuer, the Trustee and the Noteholders, regardless of any other determination that may be made by the Calculation Agent.

  • Party A shall make any calculations or determinations, or take any other action, that would be required or permitted to be made or taken by the Hypothetical Transaction Calculation Agent, the Notional Buyer or the Notional Seller pursuant to the relevant Hypothetical Transaction as if such Hypothetical Transaction were actually in existence.

  • A Credit Event Determination Date may occur upon a determination of the Credit Derivatives Determinations Committee which the Calculation Agent determines would apply to any Reference Entity and the Hypothetical Transaction (regarding which, Noteholders are referred to the sections below headed “Hypothetical Transaction” and “Role of the Credit Derivatives Determinations Committees”).

  • Guatemala’s Breach Impacted The Cash Flows That Parties To A Hypothetical Transaction On The Valuation Date Would Have Expected EEGSA To Generate, Including Beyond The End Of The 2008-2013 Tariff Period 136.

  • Resolutions of the relevant Credit Derivatives Determinations Committee or the Index Sponsor that are, in the sole discretion of the Calculation Agent, relevant to the Notes or which would be applicable to any Hypothetical Transaction shall be binding on the Issuer and the Noteholders, regardless of any other determination that may be made by the Calculation Agent.

  • Hypothetical Transaction Structure for a Charter School Project Using OZ Financing Transaction Structure‌‌Ms. Doe had sufficient capital gains to fully capitalize the Qualified Opportunity Fund (QOF).

  • The Housing Commission is a newly constituted Council body, it is cross-party and its role is to oversee the delivery of the Council’s development programme in the context of the Greater Manchester Housing Strategy.

  • Resolutions of the relevant Credit Derivatives Determinations Committee that are, in the sole discretion of the Calculation Agent, relevant to the Notes or which would be applicable to any Hypothetical Transaction shall be binding on the Issuer and the Noteholders, regardless of any other determination that may be made by the Calculation Agent.

  • Transfer Pricing Step 1: Defining the Hypothetical Transaction The arm’s length standard would price a related party transfer at the level that would be expected if the parties were operating at arm’s length.

  • Floating Amount: With respect to each Floating Rate Payer Payment Date, an amount equal to the sum of: (a) the relevant Writedown Amount (if any); and (b) the relevant Principal Shortfall Amount (if any) 4 Interest Shortfall These Interest Shortfall provisions are included in this form of Hypothetical Transaction solely for the purposes of calculating the Available Spread pursuant to the Transaction to which it relates.

Related to Hypothetical Transaction

  • Capital Transaction means the sale, exchange or disposition (other than leasing in the ordinary course of business) of any Partnership property that is not in the ordinary course of business, or casualty damage to or condemnation of any Partnership property, or any substantial interest therein or portion thereof.

  • Principal Transaction means any transaction between the Sponsor, the Manager or any of their respective Affiliates, on the one hand, and the Company or one of its Subsidiaries, on the other hand.

  • capital transactions means any of the following: the sale of all or any part of the assets of the Company; the refinancing of mortgages or other liabilities of the Company; the receipt of insurance proceeds; and any other receipts or proceeds are attributable to capital. (Check One) ☐ - SINGLE-MEMBER: A “Capital Account” for the Member shall be maintained by the Company. The Member's Capital Account shall reflect the Member’s capital contributions and increases for any net income or gain of the Company. The Member’s Capital Account shall also reflect decreases for distributions made to the Member and the Member’s share of any losses and deductions of the Company.

  • Terminating Capital Transaction means any sale or other disposition of all or substantially all of the assets of the Partnership or a related series of transactions that, taken together, result in the sale or other disposition of all or substantially all of the assets of the Partnership.

  • Interim Capital Transactions means the following transactions if they occur prior to the Liquidation Date: (a) borrowings, refinancings or refundings of indebtedness (other than Working Capital Borrowings and other than for items purchased on open account or for a deferred purchase price in the ordinary course of business) by any Group Member and sales of debt securities of any Group Member; (b) issuances of equity interests of any Group Member (including the Common Units sold to the IPO Underwriters in the Initial Public Offering) to anyone other than the Partnership Group; (c) sales or other voluntary or involuntary dispositions of any assets of any Group Member other than (i) sales or other dispositions of inventory, accounts receivable and other assets in the ordinary course of business and (ii) sales or other dispositions of assets as part of normal retirements or replacements; and (d) capital contributions received by a Group Member.

  • Distribution Transaction means any distribution of equity securities of a Subsidiary of the Company to holders of Common Stock, whether by means of a spin-off, split-off, redemption, reclassification, exchange, stock dividend, share distribution, rights offering or similar transaction.

  • Bundled transaction means the purchase of 2 or more distinct and identifiable products, except real property and services to real property, where the products are sold for a single nonitemized price. A bundled transaction does not include the sale of any products in which the sales price varies, or is negotiable, based on the selection by the purchaser of the products included in the transaction. As used in this subdivision:

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Calculated Principal Distribution As defined in Section 5.03(d).

  • Financial Transaction means purchase, redemption, exchange or any other transaction involving the movement of Shares initiated by an End-User.

  • Credit Available for Virtual Transactions means the Market Participant’s Working Credit Limit for Virtual Transactions calculated on its credit provided in compliance with its Peak Market Activity requirement plus available credit submitted above that amount, less any unpaid billed and unbilled amounts owed to PJMSettlement, plus any unpaid unbilled amounts owed by PJMSettlement to the Market Participant, less any applicable credit required for Minimum Participation Requirements, FTRs, RPM activity, or other credit requirement determinants as defined in Tariff, Attachment Q.

  • Designated Transaction means a Transaction which fulfils the following requirements:

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • occasional transaction means a transaction that is not carried out as part of a business relationship as defined in Article 3(13) of Directive (EU) 2015/849.

  • Total Transfer Amount For any Distribution Date and for any Undercollateralized Group, an amount equal to the sum of the Interest Transfer Amount and the Principal Transfer Amount for such Undercollateralized Group.

  • Eligible Transaction means any transaction,—

  • Special Distribution has the meaning set forth in Section 11.4.

  • Special Distribution Date Means, with respect to the Class A Certificates, each date on which a Special Payment is to be distributed as specified in this Agreement.

  • Income Distribution shall be calculated as set forth in subparagraph (A), below, unless the Prospectus provides for the averaging of income distributions, in which case, "Income Distribution" shall be shall be calculated as set forth in subparagraph (B), below. Accordingly, the Unitholder's "Income Distribution" shall be equal to:

  • Pro Forma Transaction means any transaction consummated as part of any Permitted Acquisition, together with each other transaction relating thereto and consummated in connection therewith, including any incurrence or repayment of Indebtedness.

  • Share Exchange Event shall have the meaning specified in Section 14.07(a).

  • Deemed Partnership Interest Value means, as of any date with respect to any class of Partnership Interests, the Deemed Value of the Partnership Interests of such class multiplied by the applicable Partner's Percentage Interest of such class.

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • Capital Distribution means a payment made, liability incurred or other consideration given for the purchase, acquisition, redemption or retirement of any capital stock or other equity interest of any Company or as a dividend, return of capital or other distribution (other than any stock dividend, stock split or other equity distribution payable only in capital stock or other equity of the Company in question) in respect of any Company's capital stock or other equity interest.