Examples of Movement Option in a sentence
If the Calculation Agent does not deliver an effective Notice to Exercise Movement Option on or prior to the Movement Option Cut-off Date, such Credit Event will be subject to the Fallback Settlement Method.
Notwithstanding anything to the contrary in Section 6.15 of the Credit Derivative Definitions, only Buyer shall be entitled to deliver a Notice to Exercise Movement Option under this Transaction.
If any matter relating to a Restructuring Credit Event Notice (or alleged Restructuring Credit Event Notice) is disputed, then any Notice to Exercise Movement Option or purported Notice to Exercise Movement Option in relation to the CDS Contract under dispute may only be delivered pursuant to the Manual Notice Process.
The Floating Rate Payer Calculation Amount for the Selected Successor shall be the Floating Rate Payer Calculation Amount for the Affected Reference Entity prior to such Succession Event.(b) Movement Option.
Any delivery of a second Notice to Exercise Movement Option for the same Triggered Restructuring CDS Contract Portion in such a manner shall be disregarded.