Fallback provisions definition

Fallback provisions. ’ shall mean terms in
Fallback provisions means terms in a contract, security or
Fallback provisions means terms in a contract, security, or instrument that set forth a methodology or procedure for determining a benchmark replacement, including any terms relating to the date on which the benchmark replacement becomes effective, without regard to whether a benchmark replacement can be determined in accordance with such methodology or procedure.

More Definitions of Fallback provisions

Fallback provisions means terms in a contract, security or instrument that set forth a methodology or procedure for determining a Benchmark Replacement, including any terms relating to the date on which the Benchmark Replacement becomes
Fallback provisions means terms in a contract, security, or
Fallback provisions. ’ shall mean terms in a LIBOR Contract for determining a Benchmark Replacement, including any terms relating to the date on which the Benchmark Replacement becomes effective.