Reference Entities definition

Reference Entities means, in respect of Credit Linked Covered Bonds entities as indicated in the applicable Final Terms;

Reference Entities means an entity which at any time forms part of the Reference Portfolio in accordance with the provisions hereof and the Portfolio Management Agreement.

Reference Entities means BNP Paribas, S.A., Xxxxxxx Xxxxx International, ING Groep, N.V. and Natixis Bank, S.A. The Subsidiary Substitute Interest Rate determined in accordance with the foregoing shall be applicable as from the date of the due determination thereof. In the event that any of the Reference Entities were to merge with, or were to be taken-over by, any other credit entity, for the purposes of this Agreement the newly resultant or acquiring entity shall substitute the merged or acquired entity. If, on the other hand, the excision or segregation of any of the Reference Entities were to take place, all of the financial entities resulting from the excision or segregation that continue to be credit entities shall be considered to be Reference Entities. In the event that any of the Reference Entities were to be wound-up, cannot provide any reference rate for any reason or were to cease to exist for any reason other than the reasons provided for in the preceding paragraph, as well as if any of the Reference Entities were to be incorporated into this Agreement in the capacity of Lenders, the Agent shall designate the entity that is to replace the Reference Entity in question, and shall duly notify such designation to the Lenders and to the Borrower. Leaving aside the situations of mandatory substitution which are set out in the preceding paragraph, any of the Reference Entities may be substituted for another entity by means of agreement between the Borrower and the Agent.

Examples of Reference Entities in a sentence

• The Reference Entities may report information in accordance with different disclosure and accounting standards.

• With respect to Credit Linked Notes which are linked to more than one Reference Entity, such Reference Entities are likely to be entities operating in the same industry and/or geographical area (for example, banks or financial institutions operating in the UK).

• If one Reference Entity is negatively affected by certain market conditions, such market conditions are likely to also affect the other Reference Entities and/or the Issuer.

• In addition, investors should understand that the historical performance of any specific debt obligation or the debt obligations of such Reference Entities generally is not predictive of future performance.

• No investigation has been or will be made regarding any of the Reference Entities.

More Definitions of Reference Entities

Reference Entities means Banco Santander, S.A., Banco Bilbao Vizcaya Argentaria, S.A. and Banco Popular Español, S.A. or other financial entities that substitute them by virtue of subsection 12.2.2 (iv).

Reference Entities means American Express Company, Bank of America Corporation, DBS Bank Ltd., HSBC Bank PLC, JPMorgan Chase & Co., Singapore Telecommunications Limited and Standard Chartered Bank (each a “Reference Entity”) or any of their respective Successors.

Reference Entities is defined in Section 4.3(d) of the Participation Agreement. Project Gemstone Annex A

Reference Entities means, in respect of any Notes, the reference entities comprised in the relevant Reference Portfolio from time to time.

Reference Entities means Río Energy S.A., Ugen S.A. and Uensa S.A. 4. Determination of Optional Redemption Amount 4.1 If the Issuer has exercised its option to early redeem the Notes in accordance with General Condition 5.1 (Redemption at the Option of the Issuer) and paragraph 3.1 (Optional Redemption pursuant to an Early Redemption Event) above, then the Issuer shall specify in the Optional Redemption Notice the Optional Redemption Valuation Date and of its election to redeem such Note in accordance with either paragraph

Reference Entities is defined in Section 4.3(c) of the Participation Agreement.

Reference Entities means the issuing entities of the Reference Obligations;