Reference Obligation Clause Samples

Reference Obligation. An obligation of the Reference Entity selected by [] that is capable of constituting a Deliverable Obligation as at the Valuation Date. iTraxx® is a registered trade ▇▇▇▇ of International Index Company Limited. iTraxx® is a trade ▇▇▇▇ of International Index Company Limited and has been licensed for the use by [Name of Customer]. International Index Company Limited does not approve, endorse or recommend [Name of Customer] or iTraxx® derivatives products. iTraxx® derivatives products are derived from a source considered reliable, but neither International Index Company Limited nor any of its employees, suppliers, subcontractors and agents (together iTraxx Associates) guarantees the veracity, completeness or accuracy of iTraxx® derivatives products or other information furnished in connection with iTraxx® derivatives products. No representation, warranty or condition, express or implied, statutory or otherwise, as to condition, satisfactory quality, performance, or fitness for purpose are given or assumed by International Index Company Limited or any of the iTraxx Associates in respect of iTraxx® derivatives products or any data included in such iTraxx® derivatives products or the use by any person or entity of iTraxx® derivatives products or that data and all those representations, warranties and conditions are excluded save to the extent that such exclusion is prohibited by law. None of International Index Company Limited nor any of the iTraxx Associates shall have any liability or responsibility to any person or entity for any loss, damages, costs, charges, expenses or other liabilities whether caused by the negligence of International Index Company Limited or any of the iTraxx Associates or otherwise, arising in connection with the use of iTraxx® derivatives products or the iTraxx® indices. [Buyer Contact Information:] [Seller Contact Information:]