CDS Counterparty definition

CDS Counterparty means a counterparty that enters into a CDS Transaction with the Borrower.

CDS Counterparty. ’ means Barclays Bank PLC in its capacity as swap counterparty under the Credit Default Swap Agreement.

CDS Counterparty means CALYON, in its capacity as protection buyer under the CDS Confirmation, unless specified otherwise in the Applicable Supplement; and

Examples of CDS Counterparty in a sentence

• The Issuer shall only be obliged to make any additional payments to the Noteholders in respect of such withholding or deduction to the extent that the Portfolio CDS Counterparty makes available any additional funds in accordance with the provisions of the Portfolio CDS.

• The Portfolio CDS Counterparty shall not be obliged under the provisions of the Portfolio CDS to make available any such additional funds to the Issuer.

• The Issuer has no legal or beneficial ownership interest (whether by way of security or otherwise) in any obligation of any Reference Entity, and the Portfolio CDS Counterparty will not be, or be deemed to be acting as, the agent or trustee of the Issuer in connection with the exercise of, or the failure to exercise, any of the rights or powers of the Portfolio CDS Counterparty arising under or in connection with any holding by it from time to time of any such obligation.

• Although the Portfolio CDS Counterparty and/or its affiliates may have entered into and may from time to time enter into business transactions with Reference Entities, the Portfolio CDS Counterparty and/or its affiliates at any time may or may not hold obligations of or have any business relationship with any particular Reference Entity.

• The Issuer and the Trustee, therefore, will have rights solely against the Portfolio CDS Counterparty in accordance with the Portfolio CDS and will have no recourse against any Reference Entity or to any obligation of any Reference Entity.

More Definitions of CDS Counterparty

CDS Counterparty means a counterparty to one or more credit default swaps with the Bank in which the Company is a “Reference Entity”, as defined in the ISDA Credit Derivatives Definitions, and where the aggregate notional amount of such credit default swap(s) is at least $10,000,000. For the avoidance of doubt, if a central clearing entity recognized by a U.S. federal regulatory authority is a counterparty to one or more such credit default swaps, such central clearing entity will also be a “CDS Counterparty”.

CDS Counterparty means a counterparty to one or more credit default swaps with the Bank in which the Company is a "Reference Entity", as defined in the ISDA Credit Derivatives Definitions, and where the aggregate notional amount of such credit default swap(s) is at least $10,000,000. For the avoidance of doubt, if a central clearing entity recognized by a U.S. federal regulatory authority is a counterparty to one or more such credit default swaps, such central clearing entity will also be a "CDS Counterparty".

CDS Counterparty. Entity Type", "Interest Rate Swap", "IRS Counterparty", "Reference Entity", "Reference Entity Notional Amount", "Reference Obligations", "Settlement Method" will have the meanings given to them in the Drawdown Deed entered into in connection with a particular Series. Certain elections for the purposes of and/or variations to these Credit Linked Provisions are set out in the Additional Conditions of such Credit Linked Notes under the heading "Credit Linked Notes", and are referred to in these Credit Linked Provisions as "Additional Credit Terms". If there is any inconsistency between the Base Conditions, these Credit Linked Provisions and the Additional Conditions of the Credit Linked Notes (including the Additional Credit Terms), then the following documents will prevail in the following order of priority:

CDS Counterparty means each financial institution with which the Issuer has entered into an Additional CDS Transaction or any permitted assignee or successor thereto, and provided always that such financial institution has the regulatory capacity, as a matter of Irish law, to enter into derivatives transactions with Irish residents.

CDS Counterparty means a Portfolio CDS Counterparty and/or a Single Name CDS Counterparty.

CDS Counterparty means Morgan Stanley Capital Services Inc. or any other Affiliate of the Issuer selected by the Determination Agent.

CDS Counterparty. ’ means The Royal Bank of Scotland plc in its capacity as swap counterparty under the Credit Default Swap Agreement.