Repudiation/Moratorium definition

Repudiation/Moratorium means the occurrence of both of the following events:

Repudiation/Moratorium means the occurrence of both of the following events: (i) an authorised officer of a Reference Entity or a Governmental Authority (x) disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, one or more Obligations in an aggregate amount of not less than the Default Requirement or (y) declares or imposes a moratorium, standstill, roll-over or deferral, whether de facto or de jure, with respect to one or more Obligations in an aggregate amount of not less than the Default Requirement and (ii) a Failure to Pay, determined without regard to the Payment Requirement, or a Restructuring, determined without regard to the Default Requirement, with respect to any such Obligation occurs on or prior to the Repudiation/Moratorium Evaluation Date.

Repudiation/Moratorium means that the Reference Entity or Governmental Authority (a) disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, one or more Obligations in an aggregate amount not less than the Default Requirement, or (b) declares or imposes a moratorium, standstill or deferral, whether de facto or de jure, with respect to one or more Obligations in an aggregate amount of not less than the Default Requirement.

Examples of Repudiation/Moratorium in a sentence

• In relation to a Repudiation/Moratorium Credit Event, Publicly Available Information must relate to the events described in both Sections 4.6(a)(i) and (ii) ( Repudiation/Moratorium).

• The Calculation Agent shall only deliver a Repudiation/Moratorium Extension Notice where it determines that Publicly Available Information exists confirming the existence or occurrence of the relevant Potential Repudiation/Moratorium.

• The Calculation Agent may deliver multiple Repudiation/Moratorium Extension Notices in respect of a Reference Entity.

• A Repudiation/Moratorium Extension Notice shall be subject to the requirements regarding notices set forth in Section 1.10.

• In terms of design and layout the proposal reflects the character of the Trinity Meadows development which was recently approved by the Council as appropriate and whose construction is now well advanced.

More Definitions of Repudiation/Moratorium

Repudiation/Moratorium means, in respect of the Reference Asset, the occurrence of both of the following events:

Repudiation/Moratorium means the occurrence of both of the following events (i) an authorized officer of a Reference Entity or a Governmental Authority (x) disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, one or more Obligations in an aggregate amount of not less than the Default Requirement, or (y) declares or imposes a moratorium, standstill, roll-over or deferral, whether de facto or de jure, with respect to one or more Obligations in an aggregate amount of not less than the Default Requirement and (ii) a Failure to Pay, determined without regard to the Payment Requirement, or a Restructuring, determined without regard to the Default Requirement, with respect to any such Obligation occurs on or prior to the Repudiation/Moratorium Evaluation Date.

Repudiation/Moratorium means the occurrence of the following event: an authorised officer of the Republic of Italy or a Governmental Authority (a) disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, the Charged Assets or (b) declares or imposes a moratorium, standstill, roll-over or deferral, whether de facto or de jure, with respect to the Charged Assets; and

Repudiation/Moratorium means any Collateral Issuer or Governmental Authority

Repudiation/Moratorium means, with respect to any Reference Entity, the occurrence of both of the following events:

Repudiation/Moratorium means, with respect to the Reference Security, the occurrence of both of the following events:

Repudiation/Moratorium means the occurrence of both of the following events (i) an authorized officer of a Reference Entity or a Governmental Authority (x) disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, one of more Obligations in an aggregate