Event Determination Date definition
Examples of Event Determination Date in a sentence
Investors bear the risk of loss of principal if a Credit Event and a relevant Event Determination Date occur.
Redemption may occur irrespective of whether the relevant Credit Event is continuing on or after a relevant Event Determination Date.
No further interest amount will be payable under the Notes following the occurrence of a relevant Event Determination Date from and including the Interest Payment Date immediately preceding such Event Determination Date or such other date specified in the relevant Issue Terms (as applicable).
This mirrors the right the Swap Counterparty would have under a credit default swap to trigger partial settlement of the credit default swap following an M(M)R Restructuring Credit Event and related Event Determination Date.
Noteholders will not receive payment of such suspended interest amount until (i) an Applicable DC No Credit Event Announcement or an Applicable DC Credit Event Question Dismissal is made; (ii) the Calculation Agent determines that a potential Credit Event has not occurred or (iii) that an Event Determination Date has occurred but such Event Determination Date occurred after the Interest Payment Date in relation to which the interest payment was suspended.