Auction Cancellation Date definition
Auction Cancellation Date means, with respect to an Auction, the date on which the Calculation Agent determines that such Auction was deemed to have been cancelled as announced by ISDA (and/or the administrators specified in the relevant Credit Derivatives Auction Settlement Terms) on its website or as otherwise determined and announced in accordance with the relevant Transaction Auction Settlement Terms.
Auction Cancellation Date means the date on which an Auction is deemed to be cancelled pursuant to the Transaction Auction Settlement Terms with respect to the relevant Reference Entity.
Auction Cancellation Date means the date, if any, on which an Auction is deemed to be cancelled pursuant to the Credit Derivatives Auction Settlement Terms with respect to the Reference Entity;
Examples of Auction Cancellation Date in a sentence
The Valuation Date shall be a Business Day selected by Buyer that is at least five (5) Business Days after the occurrence of an Auction Cancellation Date, a No Auction Announcement Date or such other date as referred to in Section 6.1 of the Credit Derivatives Definitions (as the case may be) upon which it is determined that the Fallback Settlement Method shall apply.
More Definitions of Auction Cancellation Date
Auction Cancellation Date. (Auktionsabsagetag) means any date on which the Auction shall be deemed to have been cancelled after an Auction Final Price has not been determined, as announced by Markit Group Limited and/or Creditex Securities Corp. (or such other replacement entities as may be appointed by ISDA from time to time) or ISDA on their respective websites to be an Auction Cancellation Date.] [If appropriate, insert other definition.]
Auction Cancellation Date has the meaning set forth in the relevant Transaction Auction Settlement Terms.