F2 definition

F2 by Fitch, Party A shall (i) on a weekly basis (on the same date that the Valuation Agent makes its calculation), obtain a calculation from a party which is independent to Party A's trading desk (or the equivalent) (for example the middle office or market risk department of Party A, Party A's auditors or a consulting firm in derivative products appointed by Party A) to validate the calculation of any calculation by Party A's trading desk (or the equivalent); and (ii) upon the written request of Moody's or Fitch, on a monthly basis, use it's best efforts to seek two quotations from Reference Market-makers; provided that if 2 Reference Market-makers are not available to provide a quotation, then fewer than 2 Reference Market-makers may be used for such purpose, and if no Reference Market-makers are available, the Master Issuer Security Trustee will determine an alternative source, for the purpose of calculations. Where more than one quotation is obtained, the quotation representing the greatest amount of Exposure of the Transferee shall be used by the Valuation Agent."
F2. RATING DOWNGRADE In the event that the short-term, unsecured and unsubordinated debt obligations of Party A (or its successor), or any Credit Support Provider of Party A, cease to be rated at least as high as "F2" (or its equivalent) by Fitch and as a result the then current rating of the Series 2 Class A Seventh Issuer Notes may in the reasonable opinion of Fitch be downgraded or placed on credit watch for possible downgrade, (for the purposes of this sub- paragraph, a "FITCH RATING EVENT") then Party A will, on a reasonable efforts basis, within 30 days of the occurrence of such downgrade, at its own cost, either:
F2 means the Original Issue Price of such Series B Preference Share,

Examples of F2 in a sentence

  • No compensation shall be paid under this Agreement on Class F-2 shares of the Funds.

  • The Trustee agrees to execute and deliver on the Supplemental Transfer Date to the Depositor, the Master Servicer and the Seller a Supplemental Certification in the form annexed hereto as Exhibit F-2.

  • Any disputed fees and expenses must have been submitted to the Invoice Dispute process set forth in Section F(2) at the time of termination in order to be withheld at termination.

  • The Trustee agrees to execute and deliver on the Supplemental Transfer Date to the Depositor, the Master Servicer and Countrywide (on its own behalf and on behalf of Park Granada, Park Monaco and Park Sienna) a Supplemental Certification in the form annexed hereto as Exhibit F-2.

  • Prior to the first anniversary date of this Agreement the Trustee shall deliver (or cause the Custodian to deliver) to the Depositor and the Servicer a final certification in the form annexed hereto as Exhibit F-2, with any applicable exceptions noted thereon.


More Definitions of F2

F2. Notes capability. This function will allow display and addition of customer service notes relating to any account. you will be able to press an F-key to display the most recent screen of notes for the account. This “front” screen will show one line for each note, with the ability to expand any note to full size (up to 6 lines of 70 characters each). The notes function will be available from Account Inquiry. Trust Holdings Inquiry and Transaction Inquiry. ($[***] to $[***])
F2. Delete “acting through” unless a Directorate or Agency has a distinct brand in which case insert it after “acting through” F3: Insert the Service Provider’s legal name. See the guidance note to the defined term “Service Provider”.
F2 or "R1 (L)" or better.
F2 or "RI (L)" or better.
F2. Indian band’ means a band as defined in the Indian Act (Canada) and includes the council of a band”;
F2 relevant offence” means an offence, other than a relevant criminal offence, under an Act of Québec, of another province or of Canada, or an offence that would be such an offence if it were committed in Canada, or that
F2 means F2 Florida, LLC.