Long Reference Entity definition
Long Reference Entity means any Reference Entity in a Reference Portfolio in respect of which the related Credit Position is positive.
Long Reference Entity means any Reference Entity in the Reference Portfolio in respect of which the related Credit Position is positive and “Long Reference Entities” shall have the corresponding meaning.
Long Reference Entity means each of the Reference Entities listed in Schedule A (Reference
Examples of Long Reference Entity in a sentence
In the case of any "Long" Reference Entity for a CLN or any Reference Entity for a BLN, such exposure and credit default risk may result in a greater loss for investors and, in the case of a "Short" Reference Entity for a CLN, such exposure and credit default risk may result in a higher gain for investors although no assurance can be given that this will be the case.