Relevant Holder definition

Relevant Holder means a holder of the Prior Deliverable Obligation or Package Observable Bond, as the case may be, with an Outstanding Principal Balance or Due and Payable Amount, as applicable, immediately prior to the relevant Asset Package Credit Event, equal to the Outstanding Amount specified in respect of such Prior Deliverable Obligation or Package Observable Bond in the Notice of Physical Settlement, or NOPS Amendment Notice, as applicable.
Relevant Holder means a holder of an amount of the Reference Obligation with an outstanding principal balance equal to the relevant Reference Entity Notional Amount. All Guarantees: In respect of a Reference Entity, as set out in the Standard Terms for that Reference Entity. Deliverable Obligation Category: In respect of a Reference Entity, as set out inthe Standard Terms for that Reference Entity. Deliverable Obligation Characteristics: In respect of a Reference Entity, as set out inthe Standard Terms for that Reference Entity. Interpretation: For the purposes of this Confirmation:

Examples of Relevant Holder in a sentence

  • If the Relevant Holder is offered, receives and retains nothing, the Asset Package shall be deemed to be zero.

  • If the Relevant Holder is offered a choice of Assets or a choice of combinations of Assets, the Asset Package will be the Largest Asset Package.

  • Asset Package means, in respect of an Asset Package Credit Event, all of the Assets in the proportion received or retained by a Relevant Holder in connection with such relevant Asset Package Credit Event (which may include the Prior Deliverable Obligation or Package Observable Bond, as the case may be).

  • Any amendment, modification, termination or waiver effected in accordance with this paragraph 3.1 shall be binding on all Relevant Holders, regardless of whether any such Relevant Holder has consented thereto.

  • In the event of a Governmental Intervention Credit Event or certain Restructuring Credit Events which constitute an Asset Package Credit Event, the Auction Final Price may be determined by reference to the value of the Asset Package received or retained by a Relevant Holder in place of the Prior Deliverable Obligation or Package Observable Bond in connection with such Asset Package Credit Event.


More Definitions of Relevant Holder

Relevant Holder means, except in Parts 9, 13 and 15 and Schedules 4, 5 and 6, a holder of a permit which is any of the following –
Relevant Holder means persons who hold relevant shares (including directly or through or as nominee);
Relevant Holder means a holder of the Prior Valuation Obligation or Package Observable Bond, as the case may be, with an Outstanding Principal Balance or Due and Payable Amount, as applicable, immediately prior to the relevant Asset Package Credit Event, equal to the Quotation Amount determined by the Calculation Agent in its sole discretion.
Relevant Holder means a holder of a relevant stored value facility;
Relevant Holder means a holder of the Prior Deliverable Obligation with an Outstanding Principal Balance or Due and Payable Amount, as applicable, immediately prior to the relevant Asset Package Credit Event, equal to the Outstanding Principal Balance or Due and Payable Amount specified in respect of such Prior Deliverable Obligation in the Notice of Physical Settlement.§ 6 (7) CREDIT DERIVATIVES DEFINITIONS RELATING TO DELIVERABLE OBLIGATION CATEGORIES AND DELIVERABLE OBLIGATION CHARACTERISTICSReference Obligation OnlyDefinitions depending on theapplicable Deliverable Obligation CharacteristicsNot Applicable The following definitions are applicable:
Relevant Holder means a holder of an amount of the Reference Obligation with an outstanding principal balance equal to the relevant Quotation Amount. "(H) Section 2.31 is deleted.
Relevant Holder means a holder of an amount of the Reference Obligation with an outstanding principal balance equal to the relevant Reference Entity Notional Amount. All Guarantees: In respect of a Reference Entity, as set out in the Matrix as applicable to the Transaction Type applicable to such Reference Entity. Deliverable Obligation Category: In respect of a Reference Entity, as set out in the Matrixas applicable to the Transaction Type applicable to such Reference Entity. Deliverable Obligation Characteristics:In respect of a Reference Entity, as set out in the Matrix as applicable to the Transaction Type applicable to such Reference Entity. Interpretation: For the purposes of this Confirmation: