Reference Obligation Only Notes definition

Reference Obligation Only Notes means any Notes in respect of which (a) "Reference Obligation Only" is specified as the Obligation Category and the Deliverable Obligation Category in these Credit Linked Conditions and (b) "Standard Reference Obligation" is specified as not applicable in these Credit Linked Conditions.
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Reference Obligation Only Notes means any Notes in respect of which (a) “Reference Obligation Only” is specified as applicable in the Pricing Supplement and (b) “Standard Reference Obligation” is specified as not applicable in the Pricing Supplement.
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Reference Obligation Only Notes means any Notes in respect of which (a) "Reference Obligation Only" is specified as the Obligation Category and the Deliverable Obligation Category in the relevant Pricing Supplement and (b) "Standard Reference Obligation" is specified as not applicable in the relevant Pricing Supplement.
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Examples of Reference Obligation Only Notes in a sentence

  • For the avoidance of doubt, no Substitute Reference Obligation shall be determined in respect of any Credit Linked Notes that are Reference Obligation Only Notes.

  • For the avoidance of doubt, no Substitute Reference Obligation shall be determined in respect of any Notes that are Reference Obligation Only Notes.

  • If a Substitution Event occurs in respect of the Reference Obligation in Reference Obligation Only Notes and unless Substitution Event Early Redemption is specified as “Not Applicable” in these Terms and Conditions the Calculation Agent shall consider such event as an event triggering the early redemption of the Notes and the Issuer shall terminate its obligations under the Notes and shall pay or cause to be paid an Early Redemption Amount on the basis of the Market Value.

  • Reference Obligation Only Termination Amount:[[ ]/Not Applicable]( N.b. To be specified for the purposes of Credit Linked Condition 19 for Reference Obligation Only Notes only)ANNEX 3 UPDATES TO THE PRO FORMA PRICING SUPPLEMENT ADDITIONAL PROVISIONS RELATING TO CREDIT LINKED NOTES63.

  • If a Substitution Event occurs in respect of the Reference Obligation in Reference Obligation Only Notes and unless Substitution Event Early Redemption is specified as “Not Applicable” in these Terms and Conditions the Calculation Agent shall consider such event as an event triggering the early redemption of the Notes and the Issuer shall terminate its obligations under the Notes and shall pay or cause to be paid an Early RedemptionAmount on the basis of the Market Value.


More Definitions of Reference Obligation Only Notes

Reference Obligation Only Notes means any Notes in respect of which (a) "Reference Obligation Only" is specified as the Obligation Category and, if applicable, the Deliverable Obligation Category in the Applicable Transaction Terms and (b) "Standard Reference Obligation" is specified as not applicable in the Applicable Transaction Terms.
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Reference Obligation Only Notes means any Notes in respect of which (a) "Reference Obligation Only" is specified as the Obligation Category and the Valuation Obligation Category in paragraph 37 (Credit Linked Note Provisions) of the Pricing Supplement and (b) "Standard Reference Obligation" is specified as not applicable in paragraph 37 (Credit Linked Note Provisions) of the Pricing Supplement.
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Related to Reference Obligation Only Notes

  • Credit Event Reference Obligation means, with respect to any Payment Date, any Reference Obligation with respect to which a Credit Event has occurred.

  • Reference Obligation means an obligation used for the purposes of determining the cash settlement value of a credit derivative;

  • Parity Obligations means (i) all obligations of the Issuer in respect of Tier 1 Instruments (excluding any such obligations that rank, or are expressed to rank, junior to claims in respect of the Notes), and (ii) any other securities or obligations (including, without limitation, any guarantee, credit support agreement or similar undertaking) of the Issuer that rank, or are expressed to rank, pari passu with claims in respect of the Notes and/or any Parity Obligation.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Senior Secured Credit Facility means the Loan and Security Agreement, dated as of May 31, 2017 by and among the Company and Western Alliance Bank (as amended, amended and restated, supplemented or otherwise modified from time to time, subject to the limitations herein).

  • 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.

  • Compliance obligation means the quantity of verified reported emissions or assigned emissions for which an entity must submit compliance instruments to ARB.