Examples of Credit Default Swap Spread in a sentence
If the Calculation Agent does not receive at least 1 Full Quotation before 2pm, then the Reference Credit Default Swap Spread will be determined by the Calculation Agent acting in good faith and in a commercially reasonable manner.
The Administrative Agent shall determine each interest rate applicable to the Loans hereunder insofar as such interest rate involves a determination of the Alternate Base Rate, Adjusted LIBOR, LIBOR Rate, Credit Default Swap Spread, Minimum Applicable Margin, or Maximum Applicable Margin, or any applicable default rate pursuant to Section 2.7, and such determination shall be conclusive and binding except in the case of the Administrative Agent’s manifest error or willful misconduct.
Audit Committee – The Audit committee shall consist of at least three members and will meet annually to review the financial records of the organization.
What Drives the Commonality between Credit Default Swap Spread Changes?.
Our data variables include: the S&P500 index (SPX), which is used to represent the stock market; VIX, CBOEPutwrite index (PUT) (Note 1), and CBOEPut/Call Ratio, which are used as indicators of derivative market; the Investment Grade Credit Default Swap Spread (IGCDS) and High Yield Credit Default Swap Spread (HYCDS),which are used to represent the fixed income market.