Examples of Designated Transaction in a sentence
The defeasance of a mortgage obligation and the substitution of a new mortgage obligation in a commercial mortgage-backed Designated Transaction meet the terms and conditions for such defeasance and substitution as are described in the prospectus or private placement memorandum for such Securities, which terms and conditions have been approved by a Rating Agency and does not result in the Securities receiving a lower credit rating from the Rating Agency than the current rating of the Securities.
However, the Department is of the further view that, since the Underwriter Exemption generally provides relief only for the direct or indirect acquisition or disposition of Securities that are not subordinated, no relief would be available if the Securities held by the second Issuer were subordinated to the rights and interests evidenced by other Securities issued by the first Issuer, unless such Securities were issued in a Designated Transaction.
In connection with the implementation of a Benchmark Replacement with respect to any U.S. dollar denominated Floating Rate Covered Bonds calculated by reference to SOFR, the Designated Transaction Representative will have the right to make Benchmark Replacement Conforming Changes with respect to any U.S. dollar denominated Floating Rate Covered Bonds calculated by reference to SOFR from time to time.
Subscriber must not make use of, and a Relying Party must not accept, the signature through a Bank-Cert certificate in any applications other than the type of Designated Transaction specified opposite to the name of the Registration Bank in Appendix E for such type of Bank-Cert certificate.
Whether this would be economically viable will depend on a number of factors, such as the cost of the AVLIS process and the cost of feeding natural uranium with 0.71 percent 235U, including the costs of mining and conversion of natural uranium to metal.