Obligation Acceleration definition

Obligation Acceleration means one or more Obligations in an aggregate amount of not less than the Default Requirement have become due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event (however described), other than a failure to make any required payment, in respect of a Reference Entity under one or more Obligations.

Obligation Acceleration means any amount payable in respect of the Reference Asset has become due and payable before it would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event (however described), other than a failure to make any required payment.

Obligation Acceleration means one or more Obligations in an aggregate amount of not less that the Default Requirement have become due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event (however described), other than a failure to make any required payment, in respect of a Reference Entity under one or more Obligations.

Examples of Obligation Acceleration in a sentence

• Obligation Acceleration means one or more Obligations in an aggregate amount of not less than the Default Requirement have become due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event (however described), other than a failure to make any required payment, in respect of a Reference Entity under one or more Obligations.

• Examples of Credit Events that might apply to individual Credit Linked Securities include Bankruptcy, Failure to Pay, Restructuring, Obligation Acceleration, Obligation Default and Repudiation/Moratorium.

• For reasons unknown, and not having made it clear in the first instance, Linda Haywood has told Mark that it was not intended for the letter to be sent to the whole committee.

• The Credit Event Obligation Acceleration can occur in all types of Reference Entities.A Credit Event Obligation Acceleration occurs, for example, in the following situations:One or more Obligations of a Reference Entity are accelerated.

• Obligation Acceleration Obligation Default Repudiation/Moratorium Restructuring: [Restructuring Maturity Limitation and Fully Transferable Obligation: Applicable] [Modified Restructuring Maturity Limitation and Conditionally Transferable Obligation: Applicable] The occurrence of one or more of the Credit Events specified in respect of the relevant Transaction Type corresponding to any Reference Entity in the Matrix during the Reference Period.

More Definitions of Obligation Acceleration

Obligation Acceleration means the Reference Asset [Insert if Credit Events apply to Obligations: and/or any Obligation] [Insert if "Default Requirement" for Obligation Acceleration is specified as applicable: in an aggregate amount not less than the Default Requirement] has become due and payable before it would otherwise have been due and payable as a result of, or on the basis of, the occurrence of default, event of default or another similar condition or event (however described) [Insert if Credit Event "Failure to Pay" is applicable: , other than a failure to make any required payment, in respect of the Reference Asset [Insert if Credit Events apply to Obligations: or the Obligation]].]

Obligation Acceleration means any amount of the Reference Security have become due and payable before such amount would otherwise have become due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event (however described), other than a failure to make any required payment, in respect of the Reference Entity under the Reference Security.

Obligation Acceleration means one or more Obligations in an aggregate amount of not less than the Acceleration Default Requirement have become due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event (however described), other than a failure to make any required payment, in respect of a Corporate Reference Entity in respect of which the Reference Registry records Mexico as the country or jurisdiction in which it is organised or has its principal place of business.

Obligation Acceleration means that one or more Obligations in an aggregate amount of not less than the Default Requirement specified in the specified Pricing Supplement (or if none is specified, US$10,000,000 or the equivalent in the relevant currency) have become due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event (however described), other than a failure to make any required payment, in respect of a Reference Entity under one or more Obligations.

Obligation Acceleration. Default Requirement: U.S. $1.00 (one U.S. dollar) Bankruptcy Obligation: Reference Obligation Only

Obligation Acceleration means one or more Obligations are accelerated due to an event of default or similar event, other than a failure to make any required payment under one or more Obligations; provided, however, (a) the relevant Obligation(s) must have a face amount of at least $10 million (or an equivalent amount in another currency), and (b) the Obligation must not be repaid, and the default, event of default or similar event, must continue to exist, for at least a period of time equal to the greater of (i) 60 days and (ii) the number of days ending on the next payment date with respect to the relevant obligation.

Obligation Acceleration means one or more Obligations, in an aggregate amount of not less than the Default Requirement, have become due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a