Unsettled Credit Event definition

Unsettled Credit Event means a Credit Event in respect of which the relevant Cash Settlement Amount has not yet been paid pursuant to the terms of the Default Swap and/or a Potential ABS Failure to Pay (as defined in the Default Swap);

Unsettled Credit Event means, in respect of each Class:

Unsettled Credit Event means a Credit Event has occurred in respect of a Reference Entity on or before the Cut-off Date but either the relevant Event Determination Date has not occurred as of the Cut-off Date, or the relevant Event Determination Date has occurred as of the Cut-off Date but the Cash Settlement Date relating thereto has not occurred as of the Cut- Off Date.Any reference to a Reference Entity being assigned a certain rating shall be construed to mean such rating or equivalent assigned by S&P (the "Rating Agency").2. REDUCTION OF THE OUTSTANDING PRINCIPAL AMOUNT OF NOTES FOLLOWING THE OCCURRENCE OF A CREDIT EVENT2.1 Adjustment of Principal Amount and Deferral of Principal Payments

Examples of Unsettled Credit Event in a sentence

• In respect of each Unsettled Credit Event where an Auction Final Price or, where applicable, Final Price is determined following the Credit Event Observation Period End Date, the Credit Suisse Cash Settlement Amount shall be payable in the manner described above under “Consequence of Credit Events and Unsettled Credit Events, including partial redemption of Class B Notes” during the period between the Scheduled Maturity Date and the Extended CDS Termination Date.

• Figure 5 not only shows that a growth shock can have a large effect on the probability of democratization – as high as 30% at high debt levels (lnDebt=6 ) but reveals another effect as well.

• The Calculation Agent may, without the consent of the Securityholders or any of the other parties, adjust the terms of this Agreement to account for an Unsettled Credit Event.

• An Extension Notice shall include a description of (i) the Credit Event that has occurred, may have occurred or may occur, as the case may be, or (ii) the Credit Event Resolution Request Date that has occurred, may have occurred or may occur or (iii) the relevant Potential or Unsettled Credit Event.

More Definitions of Unsettled Credit Event

Unsettled Credit Event means a Credit Event has occurred in respect of a Reference Entity on or before the Cut-off Date but either the relevant Event Determination Date has not occurred as of the Cut-off Date, or the relevant Event Determination Date has occurred as of the Cut-off Date but the Cash Settlement Date relating thereto has not occurred as of the Cut- Off Date.

Unsettled Credit Event means a Distressed Ratings Downgrade Credit Event in respect of which the relevant Cash Settlement Amount has not yet been paid pursuant to the terms of the Default Swap;

Unsettled Credit Event means a Credit Event or a Potential Credit Event in respect of which the relevant Cash Settlement Amount has not yet been paid pursuant to the terms of the Default Swap;

Unsettled Credit Event means (i) a Credit Event the Event Determination Date for which has occurred on or prior to the Latest Determination Time or (ii) a Potential Failure to Pay or Potential Repudiation/ Moratorium has occurred on or prior to the Latest Determination Time and the Conditions to Settlement for which have not yet been satisfied (but are capable of being satisfied in accordance with the terms of the Default Swap) in respect of the relevant Reference Entity but, in the case of both (i) and (ii) above, in respect of which the relevant Cash Settlement Amount has not yet been paid pursuant to the terms of the Default Swap;

Unsettled Credit Event means an Event Determination Date has occurred with respect to a CDS Transaction but the Cash Settlement Date relating thereto has not occurred or an event which may constitute a Credit Event has occurred but an Event Determination Date in respect thereof has not occurred;

Unsettled Credit Event means a Credit Event with respect to which an Event Determination Date has occurred but the related Cash Settlement Date has not occurred as of such date. 8. Interest Basis: Floating.

Unsettled Credit Event means, as at any date, a Credit Event in respect of which the relevant Event Determination Date has occurred as at such date, but in respect of which the Loss Amount Determination Date has not occurred as at such date.1.2 Other Definitions Words and expressions which are defined in the Swap Agreement set out in Schedule 1 to this Pricing Supplement (and which are not otherwise defined in this Pricing Supplement) shall have the same meanings in this Pricing Supplement unless the context requires otherwise.2. REDEMPTION OR REDUCTION OF THE NOTES FOLLOWING THE OCCURRENCE OF A CREDIT EVENT2.1 Adjustment of Principal Amount and Deferral of Principal Payments