Deliverable Obligation(s definition

Deliverable Obligation(s means each of the obligations set out on the Final List published by ISDA on its Website with respect to these Credit Derivatives Auction Settlement Terms.
Deliverable Obligation(s means each of the obligations set out on the Final List published by the DC Secretary on the Website with respect to these Credit Derivatives Auction Settlement Terms.
Deliverable Obligation(s means either Obligations or Reference Obligations as specified in the relevant Pricing Supplement;

Examples of Deliverable Obligation(s in a sentence

  • In such capacity, it may take certain actions which may influence the Auction Final Price including (without limitation): (a) providing rates of conversion to determine the applicable currency conversion rates to be used to convert any obligations which are not denominated in the auction currency into such currency for the purposes of the auction; and (b) submitting bids, offers and physical settlement requests with respect to the relevant Deliverable Obligations.

  • The steps described in Section 7(a) of these Credit Derivatives Auction Settlement Terms are illustrated in the following example (which is not intended to reflect indicative prices for the Deliverable Obligations): Step 1 – Consider only Tradeable Markets.

  • If the Open Interest is an offer to sell Deliverable Obligations, the Open Interest will be matched against the Unmatched Limit Orders that are Bids.

  • If the Open Interest is a bid to purchase Deliverable Obligations, the Open Interest will be matched against the Unmatched Limit Orders that are Offers.

  • If the Open Interest is an offer to sell Deliverable Obligations, then any Limit Bid that would otherwise be at a price above the Initial Market Midpoint plus the Cap Amount shall be deemed to be at a price equal to the Initial Market Midpoint plus the Cap Amount.


More Definitions of Deliverable Obligation(s

Deliverable Obligation(s means the obligations deliverable under a Synthetic Security;
Deliverable Obligation(s means the Specified Reference Obligation and any other obligation of the Reference Entity (either directly or as provider of any Qualifying Guarantee) described by the Deliverable Obligation Category of Bond or Loan and with the Deliverable Obligation Characteristics.
Deliverable Obligation(s means, in respect of a Reference Entity, obligations meeting the Deliverable Obligation Category and Deliverable Obligation Characteristics relating to such Reference Entity (as set out in Schedule 2 hereto).
Deliverable Obligation(s means any combination of the direct or indirect obligations of the Reference Entity and/or any Assets which the Calculation Agent determines would be eligible for delivery in settlement of the Reference CDS.For the avoidance of doubt, the obligations which are applicable for the purposes of the Reference Entity (other than the Assets) will be determined by reference to the
Deliverable Obligation(s means with respect to a Reference Entity, (1) any obligation of such Reference Entity (either directly or as provider of a Qualifying Affiliate Guarantee or, if All Guarantees is specified as applicable in the relevant Standard Terms, as provider of any QualifyingGuarantee) described by the Deliverable Obligation Category specified in the applicable Standard Terms and having the Deliverable Obligation Characteristics specified in the applicable Standard Terms, as selected by the Calculation Agent that is (i) payable in an amount equal to its Outstanding Principal Balance or Due and Payable Amount, as applicable, (ii) is not subject to any counterclaim, defence (other than as set out in (a) to (d) in the definition of Credit Event or right of set off by or of a Reference Entity or any applicable Underlying Obligor, and (iii) in the case of a Qualifying Guarantee other than a Qualifying Affiliate Guarantee, is capable, on the date on which such Deliverable Obligation is Delivered, of immediate assertion or demand by or on behalf of the holder or holders against the Reference Entity for an amount at least equal to the Outstanding Principal Balance or Due and Payable Amount being Delivered apart from the giving of any notice of nonpayment or similar procedural requirement, it being understood that acceleration of an Underlying Obligation shall not be considered a procedural requirement and (2) the relevant Reference Obligation specified in Schedule 3 of the Terms. For the purposes of this definition of "Deliverable Obligation", the following terms shall have the following meanings:
Deliverable Obligation(s means [insert definition]. Wobei: Whereas:
Deliverable Obligation(s means, in respect of a Reference Entity, obligations meeting the Deliverable Obligation Category and Deliverable Obligation Characteristics relating