Examples of Replacement Entity in a sentence
The Calculation Agent shall give notice to the parties of the Replacement Entity so selected as soon as reasonably practicable after making such selection.
In respect of each Proposed Replacement, the Replacement Entity shall comply with the Replacement Entity Criteria as of the Replacement Compliance Date in respect of such Replacement.
The approval or refusal, as the case may be, of the Portfolio Administrator shall be based solely on whether the Recommended Replacement as of the Replacement Compliance Date complies with the Replacement Procedures and the Replacement Guidelines (save for sub-paragraph 2(ii) of the definition of Replacement Entity Criteria) being applied to the information contained in the Recommended Replacement Notice.
Buyer shall determine the Transaction Type of any Successor or Replacement Entity in its sole and absolute discretion taking into account its hedging transactions and market practice at the relevant time.
The Replacement Entity must not be an Upfront Quotation Reference Entity.
Delta means, in respect of a Replacement and the related Replaced Entity or the related Replacement Entity in respect of a Series of Notes, a notional amount between zero and the Floating Rate Payer Calculation Amount of such Replaced Entity specified by the Structured Credit Desk of Buyer in its sole discretion on the Replacement Compliance Date in connection with such Replacement.
At any time after the Issue Date in respect of the Series of Notes, any LPN (as defined in the Swap Agreement) specified as a Reference Obligation in respect of a Replacement Entity in respect of which the Transaction Type "Russian Corporate" applies, must have a rating equal to or better than the applicable Moody's Rating of the related Replacement Entity.
Buyer shall determine the Transaction Type of any Successor or Replacement Entity in its sole and absolute discretion.
Crossover Rating Reference Entity means a Reference Entity with a Crossover Rating.Delta means, in respect of a Replacement and the related Replaced Entity or the related Replacement Entity, a notional amount between zero and the Floating Rate Payer Calculation Amount of such Replaced Entity specified by the Structured Credit Desk of Buyer in its sole discretion on the Replacement Compliance Date in connection with such Replacement.
If a replacement security is issued to a Holder under a Winding Up in a Replacement Entity, in a manner contemplated in this definition, a reference to QTMB in these Terms will be read as a reference to that Replacement Entity.