Examples of Relevant Credit Event in a sentence
Redemption may occur irrespective of whether the Relevant Credit Event is continuing on or after a Relevant Event Determination Date.
Neither the Issuer, the Determination Agent nor any of their respective affiliates has any responsibility to avoid or mitigate the effects of a Credit Event that is deemed to have taken place prior to the Trade Date or the Issue Date (as the case may be), and no such entity has any obligation to disclose to you or to take into consideration any information, fact or matter including in relation to any such Relevant Credit Event.
Such determination shall be made as if an Early Termination Date shall be deemed to have been designated in respect of the Notional Affected Portion of this Transaction as of the Relevant Credit Event Determination Date.
The likelihood of a Relevant Credit Event occurring in respect of a Reference Entity generally fluctuates with, among other things, the financial condition of the Reference Entity, together with general economic conditions, the conditions of certain financial markets, political events, developments or trends in particular industries and changes in prevailing market rates.
If a Credit Event has occurred but a Credit Event Notice has not yet been served on or prior to the Scheduled Redemption Date, or, where the terms of the Credit Linked Securities in question so permit, where an event or circumstance which may subsequently constitute a Relevant Credit Event has occurred, the Issuer may elect to extend the maturity of the Credit Linked Securities by service of an Extension Notice.