Loss Amount Determination Date definition

Loss Amount Determination Date means, in respect of each Credit Event in relation to which the Conditions to Settlement have been satisfied, the date on which the Final Price of the relevant Reference Obligation is determined by the Calculation Agent in accordance with the provisions of the Credit Default Swap.
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Loss Amount Determination Date means, in respect of any Credit Event relating to any Reference Entity in relation to which the Conditions to Settlement have been satisfied, the date on which the Loss Determination Amount has been determined by the Swap Counterparty.
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Loss Amount Determination Date means, in respect of any Credit Event relating to any Reference Obligation in relation to which the Conditions to Settlement have been satisfied, the Event Determination Date relating to such Credit Event.
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Examples of Loss Amount Determination Date in a sentence

  • On each Loss Amount Determination Date which occurs on or prior to the Scheduled Maturity Date, the Principal Amount Outstanding of each Note will automatically be reduced (with effect from the determination by the Calculation Agent of the applicable Principal Reduction Amount) by an amount equal to the applicable Principal Reduction Amount (if any) multiplied by the Notes Factor.

  • On each Loss Amount Determination Date the Calculation Agent, acting on behalf of the Issuer shall, as determined by the Counterparty pursuant to the Credit Default Swap, either (i) arrange for the liquidation of, or (ii) procure the delivery to the Counterparty of, a principal amount of Underlying Assets (rounded down, where necessary, to the nearest whole denomination of such securities) equal to the Cash Settlement Balance.

  • Such amount shall be equal to the lower of:(a) the Loss Amount in respect of such Credit Event; and (b) the First Loss Ledger Balance on such Loss Amount Determination Date (immediately prior to such debit).6.

  • The First Loss Ledger shall have an initial balance (such balance from time to time being the "First Loss Ledger Balance") as at the Issue Date of €114,450,000 and thereafter will never be greater than such amount or less than zero.5.2 Debits to the First Loss Ledgers On each Loss Amount Determination Date relating to the occurrence of a Credit Event in respect of a Reference Obligation, an amount relating to such Credit Event (the "First Loss Reduction Amount") shall be debited from the First Loss Ledger.

  • On each occasion upon which the Conditions to Settlement are satisfied with respect to a Reference Entity, the Calculation Agent will calculate the Loss Amount and the then Outstanding Principal Amount of the Notes shall be reduced on the relevant Loss Amount Determination Date without further payment to the holders of Notes, by an amount equal to the relevant Loss Amount, which amount shall be applied pro rata and pari passu to reduce the then Outstanding Principal Amount of each Note.

  • If the notice is delivered by telephone, a written confirmation will be executed and delivered confirming the substance ect of such Loss Amount Determination Date, then such Additional Principal Amount will be payable by the Issuer to each Noteholder on the Deferred Maturity Date.”.

  • On each occasion upon which the Conditions to Settlement are satisfied with respect to a Reference Entity, the Swap Calculation Agent shall be obliged under the terms of the Swap Agreement to notify the Determination Agent of the Incurred Recovery Amount determined in respect of such Reference Entity on a Loss Amount Determination Date.

  • In addition, with effect from and including such Loss Amount Determination Date, the then Outstanding Leverage Principal Amount of the Notes shall be reduced with effect from the Loss Amount Determination Date by an amount equal to the Incurred Recovery Amount; provided that any such reduction shall not exceed the Outstanding Leverage Principal Amount of the Notes immediately prior to such reduction.


More Definitions of Loss Amount Determination Date

Loss Amount Determination Date means, in respect of any Credit Event relating to any Reference Obligation in relation to which the Conditions to Settlement have been satisfied, the date on which the Loss Amount, Cash Settlement Amount and the Adjusted Cash Settlement Amount have been determined by the Swap Calculation Agent.
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Loss Amount Determination Date means, in respect of each Loss Amount determined under a Transaction, the date on which such Loss Amount is determined.
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Loss Amount Determination Date means, in respect of each Event Determination Date, the date on which the related Valuation Obligation Portfolio Final Price Amount has been determined.
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Related to Loss Amount Determination Date

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Interest Determination Date means, with respect to a Rate of Interest and Interest Accrual Period, the date specified as such hereon or, if none is so specified, (i) the first day of such Interest Accrual Period if the Specified Currency is Sterling or (ii) the day falling two Business Days in London for the Specified Currency prior to the first day of such Interest Accrual Period if the Specified Currency is neither Sterling nor euro or (iii) the day falling two TARGET Business Days prior to the first day of such Interest Accrual Period if the Specified Currency is euro.

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Event Determination Date means either:

  • Distribution Determination Date means, in respect of any Distribution Period, that number of business days prior thereto as is set out in the applicable Pricing Supplement or on the face of the relevant Perpetual Security;

  • SOFR Interest Determination Date means the day that is the number of U.S. Government Securities Business Days prior to the Interest Payment Date in respect of the relevant Interest Period, as specified in the applicable Pricing Supplement.In addition to defining the relevant Interest Periods and Interest Payment Dates, the applicable Pricing Supplement shall specify and describe, as applicable, any relevant interest commencement date, interest period end date, interest determination date, index maturity, rate cut-off date, any other terms relating to the particular method of calculating interest on the Compound SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Compound SOFR Note.Average SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Average SOFR Notes will bear interest at a rate per annum equal to Average SOFR (as defined below) plus the Spread.With respect to any Interest Period, unless otherwise specified or modified in the applicable Pricing Supplement, “Average SOFR” will be calculated by the Calculation Agent on each SOFR Interest Determination Date (as defined below) as follows (with the resulting percentage being rounded, if necessary, to the nearest one hundred-thousandth of a percentage point, with 0.000005 being rounded upwards to 0.00001): 0 Where:

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • Reset Interest Determination Date means, in respect of any Reset Period, the day falling two Business Days prior to the beginning of the relevant Reset Period;

  • Discounted Prepayment Determination Date has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Benchmark Determination Date means (a) if the Benchmark is LIBOR, the LIBOR Determination Date, (b) if the Benchmark is Term SOFR, the date that is two Business Days before the first day of the applicable Accrual Period, (c) if the Benchmark is Compounded SOFR, the date that is five Business Days before the last day of the applicable Accrual Period and (d) if the Benchmark is any other rate, the date determined by the Trust according to Section 2.16 of the Indenture.

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  • Accounting Restatement Determination Date means the earliest to occur of: (a) the date the Board, a committee of the Board, or one or more of the officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement; and (b) the date a court, regulator, or other legally authorized body directs the Company to prepare an Accounting Restatement.

  • Interest Rate Determination Date means, with respect to any Interest Period, the date that is two Business Days prior to the first day of such Interest Period.

  • LIBOR Determination Date With respect to any Interest Accrual Period for the LIBOR Certificates, the second London Business Day preceding the commencement of such Interest Accrual Period.

  • Rate Determination Date means two (2) Business Days prior to the commencement of such Interest Period (or such other day as is generally treated as the rate fixing day by market practice in such interbank market, as determined by the Administrative Agent; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, then “Rate Determination Date” means such other day as otherwise reasonably determined by the Administrative Agent).

  • LIBOR Interest Determination Date means the second LIBOR Business Day preceding each LIBOR Rate Reset Date.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Determination Date With respect to any Distribution Date, the 15th day of the month of such Distribution Date or, if such 15th day is not a Business Day, the immediately preceding Business Day.

  • Redetermination Date means, with respect to any Scheduled Redetermination or any Interim Redetermination, the date that the redetermined Borrowing Base related thereto becomes effective pursuant to Section 2.07(d).

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Pricing Rate Determination Date means with respect to any Pricing Rate Period with respect to any Transaction, the second (2nd) Business Day preceding the first day of such Pricing Rate Period.

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;